Bankruptcy Law

UAE set to approve new bankruptcy law by end-2012 – Justice Min – Reuters India

DUBAI May 14 (Reuters) – The United Arab Emirates is close to finalising an updated federal bankruptcy law and a draft of the legislation should be ready by the end of this year, Justice Minister Hadef bin Juan al-Dhaheri said … Continue reading

UAE set to approve new bankruptcy law by end-2012 – Justice Min – Reuters

DUBAI May 14 (Reuters) – The United Arab Emirates is close to finalising an updated federal bankruptcy law and a draft of the legislation should be ready by the end of this year, Justice Minister Hadef bin Juan al-Dhaheri said … Continue reading

UAE set to approve new bankruptcy law by end-2012 – Justice Min – Reuters UK

DUBAI May 14 (Reuters) – The United Arab Emirates is close to finalising an updated federal bankruptcy law and a draft of the legislation should be ready by the end of this year, Justice Minister Hadef bin Juan al-Dhaheri said … Continue reading

Hostess Brands Uses Bankruptcy Court to Screw Workers Out of Pensions, Benefits – AlterNet

A federal judge is moving to end a tense labor standoff at Hostess Brands by bringing the heavy hand of bankruptcy law down in favor of the corporate managers and against the employees who produce the cakes and breads that … Continue reading

Dewey’s Bienenstock Discusses Law Firm’s Demise – New York Times

For the last two months, the bankruptcy lawyer Martin J. Bienenstock has worked around the clock to try and save his law firm, Dewey & LeBoeuf. Despite his best efforts, Dewey is now effectively defunct, as most of its partners … Continue reading

LightSquared Moves Toward Bankruptcy – Wall Street Journal

Under federal bankruptcy law, LightSquared would maintain exclusive control for several months over the right to craft a path to emerge from Chapter 11 proceedings. LightSquared could petition a bankruptcy judge to extend that “exclusivity …

One Million Americans Are “Too Poor” To Go Bankrupt – The Inquisitr

The study also revealed that paperwork filing typically only costs $300 while the rest of the fee needed for a bankruptcy goes to the law firm representing a client. Other fees also add to the cost including mandatory pre-bankruptcy credit …

Discharging student loan debt in bankruptcy – Examiner

In October of 2005 bankruptcy laws changed and new bankruptcy legislation, The Bankruptcy Abuse Prevention and Consumer Protection Act (BAPCPA) was ushered in as the legislative mechanism to control abuses in consumer bankruptcy. Control …

As Dewey Collapses, Partners and Retirees Face Big Financial Losses – New York Times

Klestadt, a bankruptcy lawyer who represented former law partners at Thelen L.L.P. and Heller Ehrman L.L.P. in the bankruptcies of those firms. Annette W. Jarvis, a lawyer who is one of the co-heads of the finance and restructuring department at … Continue reading

Elizabeth Warren Did Not Claim Minority Status, Records Show – Huffington Post

Harvard Law School professor Charles Fried has said that any suggestion that Warren enjoyed an affirmative action advantage in her hiring as a full professor is “false” and that Warren was recruited because of her expertise in bankruptcy and …