Bankruptcy Blogs

Did the Government Profit From AIG? That's the Wrong Question

09/14/12

The bailouts were justified as a way to unfreeze credit and help homeowners, and the government failed on both counts.

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Fed QE3 is Here with No End in Sight; Isis Hits a Snag

09/14/12

Receiving Wide Coverage ... QE3 Forever?: The Federal Reserve Thursday outlined its latest plan to spur job growth and bolster the economy. The basic steps include the purchase of $85 billion in long-term bonds a month through the rest of the year, the subsequent addition of $40 billion of mortgage-backed debt per month until the job market gets better and low interest rates through at least mid-2015. Stocks rallied following the announcement of this indefinite QE3,...

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The Daily Docket: Pilots Outline Arguments in Appeal of AMR Labor Ruling

09/14/12
Reuters
A US Airways plane passes American Airlines planes at Ronald Reagan National Airport in Washington in this April 23, 2012, file photo.

American A

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Can Criminal Discharge Restitution Judgment?

09/14/12

A criminal attorney called me this week to discuss the possible Chapter 7 bankruptcy by one of his current criminal clients who had been convicted of a financial crime against individual victims. The court ordered payment of restitution to the victims which the client could not afford to pay following his conviction and incarceration.When the client had served his criminal sentence the criminal court converted the restitution order to a civil judgment.

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Bankruptcy Tweets of 2011-2012 Cases - A Year in Review - V.6

09/14/12

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Bankruptcy Tweets of 2011-2012 Cases - A Year in Review - V.6

09/14/12

Here's more in the continuing "Year in Review" series, catching up on more of my backlog of twitter posts of case developments in the past 12 months.

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Digital Domain Media Group Files for Bankruptcy in Delaware

09/13/12

On September 11, 2012, Digital Domain Media Group and various related entities (collectively, "Digital Domain") filed chapter 11 petitions for bankruptcy in the United States Bankruptcy Court for the District of Delaware.  Digital Domain filed several "first day" pleadings with the Bankruptcy Court, one of which is the Declaration of Digital Domain's Chief Restructuring Officer in Support of First Day Motions (the "Declaration").  As set forth in the Declaration, Digital Domain provides digital

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What's Your Take on the Fed's Big Move?

09/13/12

The Federal Reserve announced an indefinite round of quantitative easing in hopes of improving the stagnant economy. Some feel the move may help the lagging job market, while others feel it illustrates Einstein's definition of insanity.

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Hyper-Partisanship Has Infected the Discourse in Banking

09/13/12

You can't write or say anything about Dodd-Frank these days without being accused of taking sides.

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Betsey’s Back From Bankruptcy

09/13/12
Associated Press
Betsey Johnson goes into a split after doing a cartwheel on the runway after the Betsey Johnson Spring 2013 collection show during Fashion Week, Tuesday, Sept.
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