Bankruptcy Blogs

The Summer 2011 edition of the Absolute Priority newsletter, published by the Bankruptcy & Restructuring group at Cooley LLP, of which I am a member, has just been released. The newsletter gives updates on current developments and trends in the bankruptcy and workout area.

Swedish auto maker Saab Automobile AB could be forced into bankruptcy over unpaid wages by the end of this week, The Wall Street Journal reports.

The Bankruptcy Law Network was created to furnish timely analysis of bankruptcy procedure, bankruptcy case law and bankruptcy tips of the trade for the seasoned and newbie bankruptcy practitioner. When we started the BLN, we were a bunch of hungry bankruptcy attorneys who were on a mission to spread great information to everyone and anyone [...]

There's an online subscription site, THE DAILY DAC, that is quickly gaining traction among bankruptcy and distressed M&A professionals by carving out for itself a niche in the underserved distressed M&A market for smaller acquisitions.  With smaller UCC foreclosure, receivership, creditor assignee, and bankruptcy 363 sales often closing within two weeks to two months from announ

IRS Wage Garnishment Packs a Punch Both debtor’s attorneys and debtors themselves often complain about the chapter 13 bankruptcy requirement that all disposable income be committed to the chapter 13 repayment plan. In fact, some bankruptcy lawyers have described chapter 13 as “financial purgatory.” They’re obviously not used to dealing with the IRS. When the [...]