Bankruptcy Blogs

House Committee on Financial Services Hearing

11/18/10

The House of Representative's Committee on Financial Services held a hearing today on "Robo-Signing, Chain of Title, Loss Mitigation and Other Issues in Mortgage Servicing."

Among the witnesses were:

[more]

House Committee on Financial Services Hearing

11/18/10

The House of Representative's Committee on Financial Services held a hearing today on "Robo-Signing, Chain of Title, Loss Mitigation and Other Issues in Mortgage Servicing."

Among the witnesses were:

[more]

Court Tosses Life Vest to Trico Marine Services

11/18/10

Some legal commentators have lamented the extent to which lenders have been able to use debtor in possession (“DIP”) financing arrangements to gain control over an entire Chapter 11 case. DIP lenders have usually been able to justify aggressive provisions, and courts have approved them, on the basis that they may provide the only realistic chance for debtors to reorganize or sell

[more]

Court Tosses Life Vest to Trico Marine Services

11/18/10

Some legal commentators have lamented the extent to which lenders have been able to use debtor in possession (“DIP”) financing arrangements to gain control over an entire Chapter 11 case. DIP lenders have usually been able to justify aggressive provisions, and courts have approved them, on the basis that they may provide the only realistic chance for debtors to reorganize or sell

[more]

Banks, Foreclosures, and Deceit

11/18/10

In his article, in the Tuesday November 15th edition of the New York Times, about foreclosures, David Streitfield discloses t

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Banks, Foreclosures, and Deceit

11/18/10

In his article, in the Tuesday November 15th edition of the New York Times, about foreclosures, David Streitfield discloses t

[more]

Debtor Wins Big Damages in Fraudulent Conveyance Case

11/17/10
When fraudulent transfer claims arise in bankruptcy, the debtor is usually accused of being the dishonest transferor. However, in a recent case from Chief U.S. Bankruptcy Judge Ronald King, the Debtor successfully pursued a claim against her disbarred ex-husband. Galaz v. Galaz, Adv. No. 08-5043 (Bankr. W.D. Tex. 11/12/10). The opinion can be found here.
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