Bankruptcy Blogs

Temporary Payroll Tax Cut Continuation Act of 2011

12/28/11

On December 23, 2011, President Obama signed into law HR 3765, the Temporary Payroll Tax Cut Continuation Act of 2011, extending the current 4.2% Social Security Old-Age, Survivors, and Disability Insurance (OASDI) tax rate for employees to wages paid between...

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Three New Bankruptcy Judges

12/28/11

Three California federal bankruptcy judges set to retire are being replaced by an attorney from Pillsbury Winthrop Shaw Pittman LLP, a partner from Friedman Dumas & Springwater LLP, and a solo practitioner. The announcement was made by the chief judge...

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Three New Bankruptcy Judges

12/28/11

Three California federal bankruptcy judges set to retire are being replaced by an attorney from Pillsbury Winthrop Shaw Pittman LLP, a partner from Friedman Dumas & Springwater LLP, and a solo practitioner. The announcement was made by the chief judge...

[more]

Bankers Need Apple-Inspired, Useable Technology

12/28/11

If you've already asked yourself why your vendors don't provide a better interface or why you need a Java programmer to make a simple change, 2012 is the year to make your voice heard.

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Bankers Need Apple-Inspired, Useable Technology

12/28/11

If you've already asked yourself why your vendors don't provide a better interface or why you need a Java programmer to make a simple change, 2012 is the year to make your voice heard.

[more]

Whence Corporate Bankruptcy

12/28/11

A correspondent and I were discussing the changes wrought by the 1978 enactment of the current U.S. Bankruptcy Code. My correspondent noted that corporate bankruptcy became more salient after 1978 and linked this phenomenon to the 1978 law. My perception is the same: corporate bankruptcy became more salient after the 1978 enactment of the Bankruptcy Code, and my guess would be that many experts would have the same reaction.

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Your Favorite Business Bankruptcy/Restructuring Lingo?

12/28/11

One more quick poll: off the top of your head, what lingo/cryptic terms do business bankruptcy professionals use regularly that are important to understanding the operation of the system in the real world (e.g., DIPs, cramdown, roll-ups, carve-out, stalking horse)? We talk about lingo in the basic bankruptcy class, but I want students to engage more with the concepts in the advanced class.

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"Going Out of Business" Sales: An Interview with NPR's Planet Money

12/27/11

Planet Money's Zoe Chace today aired an excellent story on retail "going out of business" sales.  This 6 minute piece is a whirlwind glimpse into these sales from the perspective of the liquidator, the retailer and its

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"Going Out of Business" Sales: An Interview with NPR's Planet Money

12/27/11

Planet Money's Zoe Chace today aired an excellent story on retail "going out of business" sales.  This 6 minute piece is a whirlwind glimpse into these sales from the perspective of the liquidator, the retailer and its

[more]