Bankruptcy Blogs

U.K. yellow-pages company Hibu PLC on Tuesday put six U.S. subsidiaries into Chapter 15 bankruptcy protection in the U.S. as the company tries to restructure overseas. Read the Daily Bankruptcy Review article here.

Receiving Wide Coverage ...

The State of the Union: President Obama vowed to use his executive power to reduce the gap between the wealthiest and poorest Americans and jump start the economy. The president said he will sign an executive order in the coming weeks to raise the federal minimum wage for employees on new federal contracts. He also plans to create a new retirement savings program. Both the Wall Street Journal and the New York...

After the PACER  and CM/ECF outage on Friday January 24, I asked the PACER service center if they had any comment.   They were kind enough to respond on January 27.   Here is the latest information: 

The trustee winding down Lehman Brothers Holdings Inc.’s brokerage business has reached an agreement with Lehman Brothers Japan Inc. and several other of its Japanese subsidiaries that settles hundreds of millions of dollars in claims. Read the Daily Bankruptcy Review article here.

By: Adam C.B. Lanza

St. John’s Law Student

American Bankruptcy Institute Law Review Staff