ABI Blog Exchange

In an unprecedented paper entitled The Crisis, Alan Greenspan, the former Chairman of the Federal Reserve, acknowledges that the government failed to prope

Read More from: Absolute Priority

12 years 2 months ago
In a recent decision, the United States Court of Appeals for the Third Circuit further defined its standard for awarding a break-up fee to an unsuccessful “stalking horse” bidder for a debtor’s assets.
12 years 3 months ago
In a recent decision, the United States Court of Appeals for the Third Circuit further defined its standard for awarding a break-up fee to an unsuccessful “stalking horse” bidder for a debtor’s assets.
12 years 3 months ago
On November 2, 2009, CIT Group, Inc., a leading provider of financing to small businesses and middle market companies, filed for bankruptcy in the United States Bankruptcy Court for the Southern District of New York.  Click here for a copy of the

Read More from: Absolute Priority

12 years 6 months ago
Over the last several years, there have been a series of decisions rendered by the federal courts of appeals that grappled with the application of §510(b) to a claim that does not readily fall within the statute’s language.  Click
12 years 7 months ago
Over the last several years, there have been a series of decisions rendered by the federal courts of appeals that grappled with the application of §510(b) to a claim that does not readily fall within the statute’s language.  Click
12 years 7 months ago
In a recent decision by the Delaware Bankruptcy Court, the Court held that a person holding the title of an officer, including vice president, is presumptively what he or she appears to be — an officer and, thus, an insider.  See

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12 years 9 months ago
Under the GM deal reached with the Obama Administration, the US Government will own 60% of New GM — that is, the “leaner and meaner” GM (of course, only time will tell if that becomes the case).  The problem for the Obama Administration is that the U

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12 years 11 months ago
GM filed for Chapter 11 bankruptcy protection today in the United States Banrkuptcy Court for the Southern District of New York at 09-50026.  A copy of the petition is

Read More from: Absolute Priority

12 years 11 months ago
Updating a story we reported here, Margaret Diekemper was sentenced to two years of probation and a $500 fi
13 years 2 months ago
Updating a story we reported here, Margaret Diekemper was sentenced to two years of probation and a $500 fi
13 years 2 months ago
According to this Wisconsin State Journal article, Ismail Beciri was charged in the Western District of Wisconsin with four counts of structuring financial transactions to avoid fede
13 years 4 months ago
According to this Wisconsin State Journal article, Ismail Beciri was charged in the Western District of Wisconsin with four counts of structuring financial transactions to avoid fede
13 years 4 months ago
In a previous post (here) we commented that the Judicial Conference of the United Sta
13 years 4 months ago
In a previous post (here) we commented that the Judicial Conference of the United Sta
13 years 4 months ago
Tammy Beecher and Wyatt Beecher, a Pennsylvania couple, were each sentenced to fifteen days in prison by U.S. Magistrate Judge J.
13 years 4 months ago
Tammy Beecher and Wyatt Beecher, a Pennsylvania couple, were each sentenced to fifteen days in prison by U.S. Magistrate Judge J.
13 years 4 months ago