security interest

Winter 2014 Edition Of Bankruptcy Resource Now Available

01/02/14

I hope you had a wonderful holiday season and Happy New Year everyone.

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Winter 2014 Edition Of Bankruptcy Resource Now Available

01/02/14

I hope you had a wonderful holiday season and Happy New Year everyone.

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Spring 2013 Edition Of Bankruptcy Resource Now Available

04/11/13

The Spring 2013 edition of the Absolute Priority newsletter, published by the Bankruptcy & Restructuring group at Cooley LLP, of which I am a member, has now been released. The newsletter gives updates on current developments and trends in the bankruptcy and workout area.

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Judgment Liens: No Longer Avoidable in Southern Illinois Bankruptcy Court?

08/26/12

An old adage says that liens “pass through bankruptcy” unaffected.  As old adages go, it’s right as much as it’s wrong.  Particularly when referring to judgment liens against someones home which are normally subject to “avoidance.”  But a July, 2012 court decision puts that in doubt for Southern Illinois residents.

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Mortgage Liens Declared Invalid in Central Illinois Bankruptcy Court

08/17/12

A Central Illinois Bankruptcy Court Judge ruled the trustee who oversees administration of a bankruptcy case can avoid mortgage liens that do not comply with an Illinois law that requires the mortgage contain notice of the interest rate, loan amount and maturity due date.  See In re Crane [Crane vs. Richardson, CDIL 11-09067], on appeal to US District Court.

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Supreme Court Bids Adieu To Plans Denying Secured Creditors The Right To Credit Bid

05/31/12

On May 29, 2012, only a little more than a month after the April 23, 2012 oral argument in the case, the U.S. Supreme Court issued its decision in RadLAX Gateway Hotel, LLC, et al. v.

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Winter 2012 Edition Of Bankruptcy Resource Now Available

02/13/12

The Winter 2012 edition of the Absolute Priority newsletter, published by the Bankruptcy & Restructuring group at Cooley LLP, of which I am a member, has recently been released. The newsletter gives updates on current developments and trends in the bankruptcy and workout area.

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