News Topic: BankruptcyProfBlog

If you are interested in serving as an editor of BankruptcyProf Blog for the Law Professor Blogs Network, please contact Paul Caron and Joe Hodnicki by email. ... Read full article

"American Laser Centers LLC has filed for bankruptcy protection along with its parent, as a weak economy dampened demand for its laser hair removal treatments leading to cash constraints, court documents showed." Read more here. ... Read full article

"Hostess Brands, America’s biggest bakery, is on the verge of filing for bankruptcy again — perhaps as early as next month, The Post has learned. Staying out of Chapter 11 is proving tough for the Twinkies maker, a source said,... ... Read full article

"Bernard Madoff’s son Andrew must submit to a bankruptcy judge’s decision to permit a $198 million lawsuit to go forward because he sought that court’s protection when he filed a claim against his father’s estate, a federal judge said. U.S.... ... Read full article

The most widely used feature of the federal Judiciary’s Public Access to Court Electronic Records (PACER) service has gone mobile. Read more here. ... Read full article

"In a single declarative sentence, U.S. bankruptcy court judge Dennis Montali captured the essence of what was at issue during a nearly two-hour hearing Wednesday over professional fee applications in the Howrey bankruptcy: 'This is not an ATM ... Read full article

On December 23, 2011, President Obama signed into law HR 3765, the Temporary Payroll Tax Cut Continuation Act of 2011, extending the current 4.2% Social Security Old-Age, Survivors, and Disability Insurance (OASDI) tax rate for employees to wages paid ... Read full article

Thank you to the Hon. Scott Clarkson for the lead on this: "UC Irvine Announces Better Clerkship Numbers Than Almost Everyone Else" By Christopher Danzing Read the article here. United States Bankruptcy Court - Central District of California ... Read full article

Leon Bayer, (aka The Bankruptcy Blogger, http://www.bankruptcyblogger.org/) is a Certified Bankruptcy Specialist by the State Bar of California and will be interviewed live on Public Radio station KALW, San Francisco, Wednesday, January 4, 2012 from 7:30 ... Read full article

"Evelyn Lozada -- one of the stars of 'Basketball Wives' who was once engaged to former NBA All-Star Antoine Walker -- is being sued for allegedly receiving hundreds of thousands of dollars illegally. The story is shocking. Walker raked ... Read full article

I just went to pay my NACBA dues online and discovered that our own Peter Lively is the NACBA member of the month this month and our own Erik Clark was so designated three months ago. So we can say... ... Read full article

Jon and Roksana, A note to let you know that the Supreme Court granted cert. today in RadLAX Gateway Hotel, LLC vs. Amalgamated Bank (11-166) rising from the 7th Circuit, containing an important chapter 11 issue: whether a bankruptcy court... ... Read full article

"Wall Street creditors asked a judge Thursday to throw out the record bankruptcy filed by Alabama's largest county over more than $4 billion in debt, arguing state law doesn't allow it." Read more here. ... Read full article

"Buried deep in American Airlines' Chapter 11 bankruptcy filing is a striking asset -- a town house in one of London's most expensive residential streets that property experts say could be worth up to $30 million." Read more here. ... Read full article

"A Missouri bank has joined with four companies seeking to force a failed artificial sweetener factory in Moberly into an involuntary bankruptcy case." Read more here. ... Read full article

Dear Mr. Hayes: You may be interested in a new debate published today in the Texas Law Review and its online companion publication, See Also, concerning whether Chapter 13 is merely a "pretend solution" warranting wholesale reform. Professor ... Read full article

​"The slogan 'It's Good Mood Food' doesn't appear to be case with several Arby's restaurants in Arizona. In fact, the mood's downright depressing. The Republic reports three related Scottsdale limited-liability companies, ... Read full article

Three California federal bankruptcy judges set to retire are being replaced by an attorney from Pillsbury Winthrop Shaw Pittman LLP, a partner from Friedman Dumas & Springwater LLP, and a solo practitioner. The announcement was made by the chief ... Read full article