2023-09-14
A New York state court has voided a $1.3 million loan agreement to a corporate borrower because the loan agreement’s stated interest rate of 34% violated New York’s criminal usury law statu
Read More from: Orrick, Herrington & Sutcliffe LLP
2023-09-13
The bankruptcy means test, designed to keep people out of bankruptcy, has a fatal weakness. Like so much recently, it’s health care. Health care, in the future, to be paid before creditors get any money.
Read More from: Bankruptcy Mastery
2023-09-11
Bloomberg is reporting that Business Bankruptcies Soar in August as Rising Interest Rates Bite.
Read More from: Shenwick & Associates
2023-09-11
The United States Court of Appeals for the Second Circuit recently affirmed the 2020 Kirschner v. JP Morgan Chase Bank, N.A. ruling that a secured $1.775 billion syndicated term loan to Millennium Laboratories LLC (Millennium) was not a security.
Read More from: Orrick, Herrington & Sutcliffe LLP
2023-09-08
By: Harry Greenfield September 8, 2023 When examining asset protection, there should be a discussion about preferences. In Ohio, there is a preference statute that defines preferences as those that …
Read More from: Bernstein-Burkley, P.C.
2023-09-06
What are the consequences of a secured lender’s failure to comply with R. 3002.1 in a prior case when the debtor files again? Significant, it seems. The issue came before the SD Texas bankruptcy court in Alvarez, No. 22-33889 (Bankr. S.D. Tex.
Read More from: Bankruptcy Mastery
2023-09-06
Disclaimer. The contents of this article should not be construed as legal advice or a legal opinion on any specific facts or circumstances.
Read More from: Krieg DeVault
2023-09-05
Do You Need to Finance a Car in Chapter 13?
Read More from: Robert Weed Bankruptcy Attorney
2023-09-05
Credit card and Car loan defaults hit 10-year high as inflation squeezes Families
Read More from: Shenwick & Associates
2023-09-03
3M settles!
Bellweather BK tort case settled in MDL
Read More from: Creditor Rights Coalition
2023-09-01
Are homeowners’ association (HOA) fees and assessments dischargeable in bankruptcy?
Read More from: Levitt & Slafkes LLC