Bankruptcy Blogs

Dewey Docket Dump: Fees, ‘Incentive’ Pay and a Looming Deadline

07/25/12
EPA

Curious to know how much it costs to shut down a big, super-indebted law firm?

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Can a Same Sex Married Couple File a Joint Bankruptcy Petition in Kentucky ?

07/25/12

With the recent decision of the United States Department of Justice  (which includes the Office of the United States Trustee) to NOT enforce the Defense of Marriage Act, aka DOMA, questions have been raised around the country whether same sex couples that have been married in a state that recognizes same sex marriage could then file a joint petition in bankruptcy [...]

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Guns: The Most “Overlooked” or Missing Asset in Bankruptcy ?

07/25/12

One of the major problems that we face in assisting folks in filing bankruptcy, especially here in Kentucky, is making sure that all guns and related equipment that they own, are listed as assets. Guns and related items, including hunting equipment, are one of the most common recreational items that Kentuckians possess.  The love of the [...]

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We Need an Interim Systemic Watchdog While OFR Sets Up Shop

07/25/12

Financial markets remain highly complex webs subject to major systemic shocks we are ill-equipped to identify before our financial system melts down.

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Early Termination Provision Does Not Apply to Estate Property

07/25/12

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If the Concierge at the Bank Branch Smiles and Asks How She Can Help You Today, Call Your Broker and SELL!

07/25/12

Breaking News This Morning ... Sandy Weill Calls for Return of Glass-Steagall: No, you are not dreaming, and this is not a parody from The Onion. This is real. In a CNBC interview this morning, the architect of Citigroup says, "What we should probably do is go and split up investment banking from banking, have banks be deposit takers, have banks make commercial loans and real estate loans, have banks do something that's not going to...

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Missouri Improves Bankruptcy Exemptions

07/25/12

Exemptions are the laws that tell us how much property you can protect in the bankruptcy process.  Recently those laws have been improved for Missouri and former Missouri filers.

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The Daily Docket: Investors Appeal Tribune Plan

07/25/12

Investors that wound up at the bottom of the payment pileup in Tribune Co.’s bankruptcy raced to appeal a Monday order confirming the media company’s Chapter 11 plan. Read the Daily Bankruptcy Review article here.

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Reputational Risk Goes Well Beyond Bad Press

07/25/12

A regulatory settlement or a Senate hearing can remove a particular cloud enveloping an institution, but create deeper doubts than the ones it removes.

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A Preference Reference: Common Issues That Arise in Delaware Preference Litigation

07/24/12

We recently finished "A Preference Reference:  Common Issues that Arise in Delaware Preference Litigation."  Delaware has such a high volume of preference litigation, we thought it might be helpful to put together a brief publication that addresses the elements and common defenses to avoidable preference claims.  We wrote the booklet in a format that hopefully is helpful to attorneys and non-attorneys alike. A copy of the "Preference Reference" is available here<

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