Bankruptcy Blogs

The Top 10 Chapter 11 Bankruptcy Case Pleadings to Watch for Customers Plus Bonus Tips for Protecting Your Interests When Your Supplier Files for Bankruptcy

07/28/11

Do you have a supplier who has recently filed for chapter 11 bankruptcy protection?  Or are you a consumer and one of your favorite stores recently filed for chapter 11?  Learn about how to follow these companies’ bankruptcy cases to protect your interests. To help, we’ve prepared the following presentation: The Top 10 Chapter 11 Bankruptcy [...]

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Capital Spigot for Small Banks Is Too Tight

07/28/11

Market evolution in recent decades has made it harder and harder for smaller institutions to access capital. Meanwhile, regulatory restrictions impede alternatives that could fill the void.

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Case Study From Waukegan Bankruptcy Lawyer

07/28/11

This is the case study of Miss Wheeler.  Miss Wheeler has never filed a bankruptcy before.  She lives in Waukegan, Illinois, which is Lake County, Illinois.  She’s not a homeowner.  She’s renting on Glen Flora, and that’s a monthly lease.  She has no vehicle, so she’s on public transportation.  She has a checking account with [...]

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Bankruptcy Attorney in Northbrook, Illinois Case Study

07/28/11

Here’s the case of Mr. Wade.  Mr. Wade lives in Northbrook, Illinois.  He has not filed a bankruptcy before.  He is a homeowner, a single-family home worth $1.2 million, and he has a loan against it of $1 million.  So technically, he’s got $200,000.00 worth of equity in the property if he were able to [...]

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OCC Gets It Wrong on Preemption, Again

07/28/11

The agency's final rule contains glaring legal errors and whitewashes the role preemption played in enabling the lending excesses that precipitated the crisis.

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Giordano’s Trustee Accuses Franchise Owners of Conspiracy

07/28/11
Melanie Cohen

The bankruptcy trustee in charge of troubled Chicago pizza chain Giordano’s is suing most of the restaurant’s franchise owners, accusing them of conspiring t

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Fifth Circuit Trusts (Chapter 7) Trustee's Interpretation of Trust

07/28/11
In an interesting ruling that has more to do with trust law than bankruptcy, the Fifth Circuit has ruled that a bankruptcy court incorrectly held that a trust was not property of the estate. Roberts v. McConnell, No. 10-50462 (5th Cir. 6/15/11). You can find the opinion here.
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Down to the “Core‟- New Concerns Arising From Stern v. Marshall

07/28/11

Not since Northern Pipelineii has the U.S. Supreme Court rendered an opinion that could have such lasting consequences on the way attorneys practice bankruptcy law. In short, the Stern v. Marshall opinion reinforced the notion that Bankruptcy Judges are not Article III judges and thus, must be constrained accordingly. As the reader will likely note, [...]

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