Liquidation

The Department of Justice’s point man for bankruptcy cases on Monday challenged attorneys’ resistance to his bid to ensure the “extraordinarily large” fees he says they charge are reasonable and warranted Read the Daily Bankruptcy Review story here.

Konarka Technologies Inc., a Lowell company developing solar panels, said it has filed for Chapter 7 bankruptcy protection. Under Chapter 7, a company’s operations cease, and a trustee is charged with liquidating the company’s assets for the ...

The Justice Department has grown increasingly restless with attorney fees—often exceeding $1,000 an hour—paid by companies going through a bankruptcy reorganization.

Some debt-ridden clients who thought they were hiring Milwaukee lawyer Emory Booker to represent them in bankruptcy proceedings are finding out - the hard way - that they are on their own. "My heart dropped to my stomach when I found out he wasn ...

A personal personal bankruptcy lawyer can allow you to and ensure you are carrying out stuff the right way. Understand that filing for a Chapter 7 bankruptcy will not ensure that your previous outstanding debts will probably be dismissed. You might need to ...