Bankruptcy Blogs

The Daily Docket: Mt. Gox Files for Chapter 15

03/10/14

Bitcoin trader Mt. Gox, which is in bankruptcy in Japan, filed for Chapter 15 bankruptcy protection in the U.S. Read the Daily Bankruptcy Review article here.

Pizza chain Sbarro filed for Chapter 11 bankruptcy protection again. Click here for the DBR article.

[more]

The Daily Docket: Mt. Gox Files for Chapter 15

03/10/14

Bitcoin trader Mt. Gox, which is in bankruptcy in Japan, filed for Chapter 15 bankruptcy protection in the U.S. Read the Daily Bankruptcy Review article here.

Pizza chain Sbarro filed for Chapter 11 bankruptcy protection again. Click here for the DBR article.

[more]

Morning Scan: M&A Double Dipping; Foreign Banks Flock to Fed

03/10/14

Receiving Wide Coverage ...

Both Sides Now: If the folks in mergers and acquisitions look discouraged today, it's probably more than a bad case of the Mondays. A Delaware judge hearing a case about the conflicts of interest that possibly arise when bankers advise both the buyer and seller in the same deal has found that RBC acted improperly when its bankers tried getting in on both sides of a 2011 merger in the health care...

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Fifth Circuit Erodes Protection for Texas Homesteads Sold After Filing

03/08/14
Expanding upon its decision in Matter of Zibman, 268 F.3d 298 (5th Cir. 2001), the Fifth Circuit has ruled that the proceeds from sale of a Texas homestead lose their exempt character if they are not reinvested within six months--even when the sale takes place post-petition.   Viegelahn v. Frost (In re Frost), No. 12-50811 (5th Cir.
[more]

Fifth Circuit Erodes Protection for Texas Homesteads Sold After Filing

03/08/14
Expanding upon its decision in Matter of Zibman, 268 F.3d 298 (5th Cir. 2001), the Fifth Circuit has ruled that the proceeds from sale of a Texas homestead lose their exempt character if they are not reinvested within six months--even when the sale takes place post-petition.   Viegelahn v. Frost (In re Frost), No. 12-50811 (5th Cir.
[more]

1924 and today

03/07/14

History can sometimes provide a fresh perspective on current events. My years of observations at UNCITRAL led me to wonder about how working methods in this international organization compare to those of similar (some would say sister) organizations -- UNIDROIT and the Hague Conference on Private International Law.

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Bankruptcy Judge Elizabeth Perris to Retire in 2015

03/07/14

U.S. Bankruptcy Judge Elizabeth L. Perris plans to retire after 30 years on the Oregon bench.

Judge Perris, 62, who is known for mediating disputes in Detroit’s bankruptcy and for other financially struggling cities, plans to retire in January. She’ll use the extra time to continue mediation work, travel and “not [have] to be on 6 a.m. conference calls,” according to a statement from her chambers.

[more]

Bankruptcy Judge Elizabeth Perris to Retire in 2015

03/07/14

U.S. Bankruptcy Judge Elizabeth L. Perris plans to retire after 30 years on the Oregon bench.

Judge Perris, 62, who is known for mediating disputes in Detroit’s bankruptcy and for other financially struggling cities, plans to retire in January. She’ll use the extra time to continue mediation work, travel and “not [have] to be on 6 a.m. conference calls,” according to a statement from her chambers.

[more]

The Broke and the Beautiful: Guilty Edition

03/07/14

This week on The Broke and the Beautiful, Teresa and Joe Giudice plead guilty to fraud, and Armand Assante wants to save his house from auction. Also, Mel Gibson’s ex filed a debt-payment plan.

[more]

The Broke and the Beautiful: Guilty Edition

03/07/14

This week on The Broke and the Beautiful, Teresa and Joe Giudice plead guilty to fraud, and Armand Assante wants to save his house from auction. Also, Mel Gibson’s ex filed a debt-payment plan.

[more]