Bankruptcy Blogs

The Daily Docket: Tokio Marine Unit Seeks U.S. Creditor Protection

07/20/11

The European unit of Tokio Marine Holdings Inc., Japan’s biggest nonlife insurer, sought creditor protection in the U.S. to complete the wind-down of its London reinsurance business. Read the Daily Bankruptcy Review story here.

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Gang of Six and the Housing Market

07/20/11

There aren't a lot of details about the Gang of Six debt proposal, but apparently it includes cutting or eliminating the home mortgage interest deduction. There's a good case to be for eliminating the home mortgage interest deduction. But regardless of whether the deduction should go, I question the timing. Cutting or eliminating the deduction isn't going to help stabilize the housing market.

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What Separates Gurnee Bankruptcy Lawyers?

07/20/11

If you are like most people, you may think that there is not a significant difference between bankruptcy lawyers.  You may only be factoring in the fees that attorneys charge when making a hiring decision.  Worse yet, you may be solely relying on location for which lawyer you hire.  The truth of the matter is [...]

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Interior Decoration Factory - Investment Opportunity

07/20/11

Alkor-Venilia went into insolvency in Germany on 20 June 2011 and, on 14 July 2011, into administration in the UK, where it trades as H-A Interiors in Cramlington, Northumberland

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Interior Decoration Factory - Investment Opportunity

07/20/11

With continuing demand for its quality gravure printed products, the insolvency of the UK branch of a European network gives rise to an investment opportunity. With orders still to fulfil, cessation of trade was due to a lack of funds to buy consumables – not due the lack of orders.

Our TV channels are full of DIY programmes and people across the UK and Europe are getting more and more adventurous about making their house a home. Combined with the decline in new house sales, the renovation and redecorating market is burgeoning.

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Can I File Bankruptcy Twice?

07/19/11

Can I File Bankruptcy Twice? Bankruptcy is a delicate legal process requiring skill and experience in order to avoid the many pitfalls inherent in the legal process. To get you through the process and navigate smoothly through the world of bankruptcy, you need an expert bankruptcy attorney, that is, an attorney who specializes in bankruptcy [...]

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Unhappy Birthday, Dodd-Frank

07/19/11

This octopus of financial legislation continues to entangle both consumers and lenders.

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New Resource: NCLC's Bankruptcy Mortgage Project

07/19/11

The National Consumer Law Center has launched a useful new resource for the bankruptcy community called the Bankruptcy Mortgage Project.  See here.  Those likely to find it handy include judges, consumers, trustees, mortgage servicers, attorneys, and academics.  The website, created with a grant from the National Conference of Bankruptcy Judges’ Endowment for Education, collects all sorts of documents related to mortgage issues in consumer bankruptcy cases.  I

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Shadow System Will Flourish as Banks Are Constricted

07/19/11

The considerable blanket of new regulations for banks will be a boost for the shadow system, which remains free to increase leverage.

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Distressed Investors Dusting Up for Restructuring Bout

07/19/11

After spending a long time twiddling their thumbs, it’s time for some action for distressed investors. Or at least that’s one way to read a crowd of about 60 that gathered for a morning discussion about distressed investing Tuesday at the New York Society of Securities Analysts.

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