2013-06-18
In an unusual move, the Supreme Court granted cert
yesterday to consider the petition of a California man who filed a pro se
petition for cert seeking to review the decision of a bankruptcy court to
Read More from: Bankruptcy Law Community Blogs
2013-06-18
Last Friday, Florida Governor Rick Scott signed HB 95.
This bill amends § 726.109 of the Florida Statutes by adding this broad defense
to a claim to avoid a charitable contribution as a fraudulent transfer:
Read More from: Bankruptcy Law Community Blogs
2013-06-17
WASHINGTON, D.C. - (Mealey's) The U.S. Supreme Court on
June 17 granted certiorari in a case involving the question of whether a
bankruptcy court has the power to levy a financial charge against a Chapter 7
Read More from: Bankruptcy Law Community Blogs
2013-06-12
Normally a trustee or investors sue the banks for funds
lost in a Ponzi scheme. Banks are accused of negligently not monitoring their accounts
for fraud or, worse yet, for aiding and abetting the Ponzi scheme perpetrator's
Read More from: Bankruptcy Law Community Blogs
2013-06-11
Law360, Chicago (June 11, 2013, 1:41 PM ET) -- The U.S.
Department of Justice's bankruptcy watchdog arm on Tuesday released its
long-awaited new framework for scrutinizing attorneys' fees in large Chapter 11
Read More from: Bankruptcy Law Community Blogs
2013-06-11
The bankruptcy context is particularly ripe for D&O
claims, and it also represents a particularly difficult claims context for
D&O insurers. Anyone with any doubts about just how complicated bankruptcy
Read More from: Bankruptcy Law Community Blogs
2013-06-10
by Raphaela Taylor
Secured lenders often resort to non-judicial foreclosure
sales of personal property upon a borrower's default. Article 9, Part 6 of the
Read More from: Bankruptcy Law Community Blogs
2013-06-10
I am often asked, "How many Ponzi schemes are there?"
This is a tough question to answer with 100% accuracy because there is no
central registry for all Ponzi scheme cases. The media certainly reports on the
Read More from: Bankruptcy Law Community Blogs
2013-06-06
Net winners in a Ponzi scheme - those who have profited -
often get sued to return the profits paid to them. Those who lost money (net
losers) usually don't get sued, unless they were not in "good faith." It is a
Read More from: Bankruptcy Law Community Blogs
2013-06-03
It's springtime, and Ponzi schemes are in full bloom. Here
is a summary of stories that were reported this month. Please feel free to post
comments about these or other Ponzi schemes that I may have missed. And please
Read More from: Bankruptcy Law Community Blogs
2013-05-30
By JOANNE KAUFMAN No long chats with the doorman. No umbrellas or wet boots in the hall. No welcome mats or decorations on the front door. No wearing flip-flops in the lobby.
Read More from: Shenwick & Associates
2013-05-29
The US Supreme Court
has long taught the importance of certain canons of interpretation unique to
bankruptcy law, the more significant ones being:
The
Fresh-Start Policy: A primary purpose of
Read More from: Bankruptcy Law Community Blogs
2013-05-27
A taboo subject, I realize. Every time I mention that I gave up caffeine a year ago, people just shut down. They say, “Whoa, not me!” and
Read More from: Spiritually Bankrupt
2013-05-21
As many readers of our blog probably know, IRAs (Individual Retirement Accounts) are exempt under New York State Debtor and Creditor Law and the federal Bankruptcy Code.
Read More from: Shenwick & Associates
2013-05-21
WILMINGTON, Del. -- (Mealey's) Former joint compound
producer Bondex International Inc. and its related holding company Specialty
Products Holding Corp. face an estimated $1.16 billion in pending and future
Read More from: Bankruptcy Law Community Blogs