Bankruptcy Law

Fletcher Fund Creditors Include Well-Known Law Firms – Wall Street Journal

A hedge fund that filed for bankruptcy protection last week and that is run by the investment firm of Alphonse “Buddy” Fletcher Jr. has a list of creditors that includes at least ten law firms and some financial-services firms. Among the …

Fletcher Fund Creditors Include Well-Known Law Firms, Others – Wall Street Journal

A hedge fund that filed for bankruptcy protection last week and that is run by the investment firm of Alphonse “Buddy” Fletcher Jr. has a list of creditors that includes at least ten law firms and some financial-services firms. Among … Continue reading

Ex-NY Bankruptcy Chief To Be Examiner In ResCap Ch. 11 – site.law360.com

Arthur J. Gonzalez, a senior fellow at New York University School of Law, will oversee the details of those transactions. He retired from the bench in March and now teaches bankruptcy law courses at NYU. “I believe that my appointment … Continue reading

Former Bankruptcy Judge Named Examiner in ResCap Case – FOXBusiness

Ally isn’t part of the bankruptcy. Last month, Judge Martin Glenn approved the appointment of an independent examiner over the objections of ResCap. Judge Gonzalez is a senior fellow at the New York University School of Law, where he teaches … Continue reading

California ski resort town to file for bankruptcy – msnbc.com

A new state law requires financially troubled municipalities to attempt mediation with their creditors before they may file for bankruptcy. Lawyer Dan Brockett said the town invited Mammoth Lakes Land Acquisition to enter into mediation only to follow the …

California ski resort town to file for bankruptcy – YAHOO!

A new state law requires financially troubled municipalities to attempt mediation with their creditors before they may file for bankruptcy. Lawyer Dan Brockett said the town invited Mammoth Lakes Land Acquisition to enter into mediation only to follow the …

Pay off credit cards before bankruptcy? – Yahoo Finance

You are correct to be concerned that payments made to ordinary creditors and insiders can be problematic when filing bankruptcy. The law on this issue is nuanced and complex. Preferential payments can cause issues to you and to the person … Continue reading

Ex-Enron, Chrysler Bankruptcy Judge Named ResCap Examiner – Bloomberg

(FIG) Gonzalez, who retired as a bankruptcy judge on March 1, is a senior fellow at New York University School of Law, where he teaches bankruptcy law, according to a court filing. He said he will charge $750 an hour. … Continue reading

Mammoth Lakes, Calif., Files for Bankruptcy – Businessweek

That mediation, required under California law, is designed to help cities and counties avoid bankruptcy. The company sued the town in 2006 and accused it of breaching a development agreement allowing the company to build homes, retail space …

Mammoth Lakes, California, Seeks Bankruptcy Protection – Businessweek

That mediation, required under California law, is designed to help cities and counties avoid bankruptcy. The company sued the town in 2006 and accused it of breaching a development agreement allowing the company to build homes, retail space …