BankruptcyProfBlog

New Debate Published in the Texas Law Review

12/12/11

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 Katherine Porter...

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New Debate Published in the Texas Law Review

12/12/11

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 Katherine Porter...

[more]

Two more bankruptcy preparers facing possible criminal contempt charges

12/05/11

"Cases against two additional bankruptcy petition preparers are being sent to the U.S. Attorneys Office, bringing to four the number of criminal contempt cases against preparers under review by federal prosecutors. Cases against Jennifer Valente Abbott, a disbarred attorney, and...

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AMR Record $4.1 Billion Bankruptcy Cash Mutes Takeover Risk

12/05/11

"AMR Corp.'s $4.1 billion in cash, the most ever for a U.S. carrier entering bankruptcy, may help the parent of American Airlines preserve its independence. Filing for Chapter 11 with that much in cash and short-term investments strengthened the third-largest...

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Misconceptions About Lehman Brothers’ Bankruptcy and the Role Derivatives Played

11/29/11

by Kimberly Summe Lecturer in Law, Stanford Law School General Counsel, Partner Fund Management, L.P. Former Managing Director, Lehman Brothers "On November 4, 2011, Lehman Brothers’ creditors voted on Lehman Brothers’ liquidation plan, with approval from the bankruptcy court to...

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UPDATE -- Stern v. Marshall Amicus Briefs

11/28/11

Thank you to the Hon. Scott Clarkson for forwarding us the Order re extension of time to file Stern v. Marshall amicus briefs: Read the Order here.

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T-Boz: CrazySexyBankrupt

11/28/11

"T-Boz ain't too proud to beg -- just like TLC sang back in the 90s -- because she's filed for bankruptcy. According to docs filed last month in U.S. Bankruptcy Court, T-Boz (real name Tionne Watkins) found herself owing creditors...

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Louis Freeh, Former FBI Director, Appointed Trustee In MF Global Bankruptcy Case

11/28/11

"Former FBI director Louis Freeh was appointed trustee in the MF Global (MFGLQ.PK) bankruptcy case on Friday, days after he was hired to lead an independent probe into a sex abuse scandal at Penn State University. Freeh, also a former...

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Tobey Maguire, others settle over poker winnings

11/28/11

"Tobey Maguire has decided to fold 'em and settle a lawsuit over his winnings from a convicted con man during high-stakes Hollywood poker games. The 'Spider-Man' star agreed to pay $80,000 to settle the lawsuit filed over more than $311,000...

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FINANCIAL LAWYERS CONFERENCE

11/22/11

FINANCIAL LAWYERS CONFERENCE -- Thursday, December 8, 2011 214 Main Street, #336, El Segundo, CA 90245 (310) 322-1350 · Fax (310) 615-4581 WEB SITE: www.financiallawyers.org Constructive Trust And Other Non-Bankruptcy Law Rights And Remedies: Do You Have More Than A...

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