Bankruptcy Law

Lehman Argues Bankruptcy Judge Must Keep $8.6 Billion JPMorgan Lawsuit – Bloomberg

because the case involves “classic” bankruptcy claims and related common-law claims that don’t require a higher-court ruling. Lehman sued New York-based JPMorgan last year, saying the bank extracted assets that fatally weakened the firm …

Mets Ruling Would Give Madoff Family $82 Million, Trustee Says – Bloomberg

The trustee’s argument “is good for two reasons,” said Nancy Rapoport, a bankruptcy-law professor at the University of Nevada, Las Vegas, in an e-mail. “It puts the amount of money at risk front-and-center, and it explains how easy it …

Harrisburg Incinerator Operator Files Objection Over City’s Bankruptcy – Bloomberg

Covanta, a unit of Covanta Holding Corp. (CVA), repeated legal arguments already made by Harrisburg’s mayor and the state, which claim the bankruptcy was not authorized by local or Pennsylvania law. “These actions demonstrate a lack of good …

Alan Stout appointed new bankruptcy court judge – The Business Journal

Chase College of Law at Northern Kentucky University in 1981. Stout previously has served as president of the board of directors of the National Association of Bankruptcy Trustees. He is married to Doris Stout, and they have three children and … Continue reading

Consumer Bankruptcy Law Firm near Aurora, Ill Chapter 13 and Chapter 7 Lawyer – Zimbio

A City Bankruptcy Lawyer can help you file a case that typically promptly can stop collectors from harassing anyone, repossessing your property, or suing an individual. Even in cases where some of your financial obligations may not be dischargeable in … Continue reading

Ukraine: Secured Creditors Have Lost Certain Privileges Under Bankruptcy Law – Mondaq

On 22 September 2011, the Parliament of Ukraine adopted the Law of Ukraine No. 3795-VI “On Amendments to Several Legislative Acts of Ukraine regarding the Regulation of Legal Relations between Creditors and Receivers of Financial Services” (the “Law”). The …

Brock Addison Patton Joins Patton & Associates, Attorneys at Law, P.C. – YAHOO!

Patton. Mr. Patton will practice in the areas of adoptions, bankruptcy, domestic relations, business law, real estate, probate, and wills and trusts. The offices of Patton & Associates, Attorneys At Law, P.C. are located in Seaport at 114 Westwoods Drive … Continue reading

Montana court: ATVs not protected under bankruptcy law – Alexandria Daily Town Talk

Montana’s Supreme Court recently ruled that all-terrain vehicles, or ATVs, are considered motor vehicles, not sporting goods, a decision that leaves the vehicles more exposed during bankruptcy proceedings, according to the Billings (Mont …

Harrisburg Bankruptcy Shows States Quick to Take Control – Bloomberg

On Aug. 5, Vallejo, California, emerged from a three-year bankruptcy. It cut its police force by a third, a move that drew prostitutes, pimps and drug dealers. A California law that takes effect in January makes it more difficult for … Continue reading

‘Bankruptcy tourism’ crackdown shuts 61 companies – This is Money

It is thought that this was a way of transferring the domicile of a troubled German company to Britain and then using British bankruptcy law to go bust. The technique is known as ‘bankruptcy tourism’. Companies employ this technique to … Continue reading