Bankruptcy Blogs

Comcast Corp. urged a Texas bankruptcy judge to allow CSN Houston, the television network that broadcasts Houston Astros baseball games and Houston Rockets basketball games, to stay in bankruptcy, arguing the dismissal of its case would empower the Astros owner to yank its media rights agreement with the network. Read the Daily Bankruptcy Review article here.

Sometimes a creditor with a cause of action against a corporation will try to “pierce the veil” of the corporation to hold liable the owners of the company if the creditor believes the owners have significant assets. There is a different concept called “reverse piercing” when a creditor will try to attack a corporation and its assets to satisfy a claim initially brought against the individual owners.

Fed watchers are sharply divided over whether Yellen will rely on Tarullo to set banking policy for the central bank or if she will marginalize him. But there's a bigger question that matters more.

An executive order in February tapped cyberthreats as one of the most serious national security challenges our nation faces. Too bad most cybersecurity personnel were furloughed as part of the shutdown.

If you are facing a looming debt crisis, the idea of filing for bankruptcy may have crossed your mind.   For many of our clients, it can be very difficult to take that first step of calling or emailing a bankruptcy lawyer.