Bankruptcy Blogs

Puerto Rico’s struggling Spanish-language newspaper El Vocero has a survival strategy to avoid becoming yet another victim of the consolidation wave sweeping the media industry.

Attorneys who put the daily newspaper into bankruptcy in September want to sell it but with a controversial restriction: they want the power to throw out bids from investors who already own other newspapers on the island.

Your in the Dentist’s chair, you just learned that you need a Root Canal, and you have no Dental Insurance.

Continued regulatory gaps in overdraft service put consumers at financial risk and potentially expose them to high, unexpected costs for little benefit.

Alitalia’s shareholders meet Monday to vote on raising €500 million ($677 million) in a plan that could bring the Italian government back as an owner of the airline, five years after privatization of the carrier cost taxpayers billions of euros, The Wall Street Journal reports.

In the case of Mario Amador, Case 05-44401-BKC-AJC (Bankr.S.D.Fla. April 29, 2008)(Cristol, J.), debtor allowed to modify chapter 13 plan to surrender vehicle. Creditor allowed to file unsecured deficiency claim. section 502(j). Section 502(j) controls the allowance or disallowance of claim taking into consideration the equities of the case.