Bankruptcy Blogs

The Basel system has sanctioned bank balance sheets on the verge of insolvency, but in doing so it may have permitted much more lending and much more trading.

In society today, we want a quick fix for everything.  A little overweight, take a pill and lose weight.  Feeling a little blue; take a pill and things will look brighter.  We are used to stock answers to questions and become a bit upset when there is no easy answer to a particular problem.

Receiving Wide Coverage ... A Probe Within a Probe: Just when you thought we would go a week without learning new details about JPMorgan Chase's regulatory troubles, reports surface that the nation's largest bank is currently being probed about possibly obstructing a probe. As it turns out, the Justice Department's criminal investigation into whether JPM manipulated U.S. energy markets (remember that one?) is really focused on whether the bank withheld information from regulators during the Federal…

It is not uncommon for Bankruptcy lawyers to get requests from individuals to just help them fill out the Bankruptcy paperwork, or act as the occasional sounding board behind the scenes, without actually representing the debtor in the Bankruptcy Court.  This often happens when the client either does not have the money for fees or simply does not believe they need to pay the full fee for a lawyer.  Most reputable lawyers decline to act in this capacity.  In the Northern District of Georgia, which is one of the busiest districts in the country, scores of