Bankruptcy Blogs

How can anyone imagine that the solution is to charge for debit cards and not checks. You want customers to use checks instead? Avoiding paper makes cultural as well as financial sense.

"Friendly's is on the verge of bankruptcy, according to a report from the Wall Street Journal. The ice cream and casual dining chain will apparently file for Chapter 11 protection as early as next week. The Journal reports that the...

Written by Craig D. Robins, Esq.

This week on The Broke and the Beautiful, a company formerly headed by “L.A. Law” actor Corbin Bernsen took its drama to bankruptcy court, and the Los Angeles Dodgers were sued by Fox Sports over broadcasting rights. Also, MLB threatened to toss the team from the league if owner Frank McCourt can’t step up to the plate.

In the previous installment, we discussed the 8th Circuit’s Benn decision which began a sea change in Missouri bankruptcy exemptions. To see how Benn‘s unusual opinion created  uncertainty in Missouri bankruptcies, one need look no further than our state teacher pension plans.  Prior to 2010, almost no one seriously imagined a state employee’s pension plan [...]