Bankruptcy Blogs

The Massachusetts Foreclosure Mess

10/24/11

The Gogel and Gogel Foreclosure Blog The Massachusetts Supreme Judicial Court gets the foreclosure fraud problem and has strongly stated that parties filing foreclosure actions must have title to the mortgages they attempt to foreclose and must be able to prove that the chain of title supports that assertion. It is a new day in [...]

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Vucurevich In U.S. Bankruptcy Court

10/24/11

"The former owner of the Sioux Falls Storm and the now closed Ground Round restaurant appeared in Federal Bankruptcy Court this afternoon. Creditors have filed a petition for involuntary Chapter 7 bankruptcy against Kent Vucurevich." Read more here.

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Madoff trustee, firm awarded another $45.3 mln

10/24/11

"Irving Picard, the trustee seeking money for victims of Bernard Madoff's fraud, and his law firm were awarded another $45.3 million of fees by the judge overseeing the liquidation of the imprisoned Ponzi schemer's investment advisory firm. In an order...

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Southern Montana Electric G&T Cooperative Files Bankruptcy

10/24/11

"Southern Montana Electric Generation & Transmission Cooperative Inc., a provider of electrical power to utility cooperatives in Montana, filed for bankruptcy protection. The company listed assets and debt in the range of $100 million to $500 million each in Chapter...

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How to Ward Off “Zombie” Debt

10/24/11

When debt comes back from the past to attack living debtors, many debtors are unclear on their rights and the statute of limitations in regards to “zombie” debt, or debt typically purchased by debt buyers in which the window of collections has expired. In general, “zombie” debt refers to debt over 10 years old that [...]

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A Lesson in Tenacity From Walt Disney and Steve Jobs

10/24/11

While many associate the word “bankruptcy” with “epic failure”, history shows us that through the adversity of life one must use knowledge and tenacity to turn “epic failure” into, just, “epic”. In 1923, Walt Disney’s creditors forced bankruptcy upon him and assumed his assets to settle his debts. Likewise, after many ups and downs, including [...]

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Warren and Empiriciscm

10/24/11

It is not often that intellectual debates about the nature of law and legal scholarship find their way into the popular media. Elizabeth Warren's campaign for U.S. Senate, however, has provided the occasion. This past weekend in the Boston Globe, Leon Neyfakh profiled Warren's academic career and her intellectual legacy. Neyfakh did a great job with a nuanced debate from the academy and explaining it for a popular audience.

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The Daily Docket: Innkeepers Sale Approved

10/24/11

A judge Friday approved a lower-priced sale of Innkeepers USA Trust’s hotels to private-equity firm Cerberus Capital Management LP, putting the hotelier’s bankruptcy exit back on track after nearly two months of hiccups. Read the Daily Bankruptcy Review article here.

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ITTF Pro Tour w Sztokholmie

10/24/11
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Kinga Stefańska i Holenderka Linda Creemers awansowały do ćwierćfinału debla turnieju ITTF Pro Tour w tenisie stołowym w Sztokholmie. Odpadł Filip Szymański grający z Austriakiem Dominikiem Habesohnem.

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