WSJcomBankruptcyBeat

A Law to Kill Zombie Debts That Outlasted Bankruptcy

07/28/15

zombie debtFederal lawmakers have a proposal to kill “zombie” debts for people whose credit-card bills survived bankruptcy.

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The Examiners: Responsibility Lies With Consumers

07/28/15

Do shoppers suffer too much in bankruptcy, or should they be expected to share the pain?

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The Examiners: Retail Distress of More Concern Than Consumers

07/28/15

Do shoppers suffer too much in bankruptcy, or should they be expected to share the pain? 

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The Examiners: Assure Consumers That Gift Cards, Privacy Will be Protected

07/28/15

Do shoppers suffer too much in bankruptcy, or should they be expected to share the pain?

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Baha Mar Developer Izmirlian Wants Lender to Get Rid of Contractor

07/28/15
Construction of the Baha Mar resort on the beach on New Providence island, Bahamas, July 2014. 
Baha Mar

Bahamas resort Baha Mar’s developer Sarkis Izmir

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In Rare Fight, Johnson & Wales Battles to Keep Tuition Money

07/27/15

Johnson & Wales University is fighting to keep $46,909 in tuition paid by a Connecticut couple for their daughter’s education against the demands of a bankruptcy court-official, who sued to get that money back.

The private, Rhode Island-based college has asked a bankruptcy judge to throw out the lawsuit that arose when Robert and Jean DeMauro filed for bankruptcy last year. A bankruptcy trustee who examined the DeMauros’ finances argued that the couple didn’t get any benefit from the tuition payments made from March 2011 to December 2013—their daughter did.

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Is Bankruptcy Unfair to Shoppers?

07/27/15

When a retailer files for bankruptcy, the first question on many customers’ minds is: Can I still use my gift card?

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MF Global Parent to Get Brokerage’s Litigation Rights

07/27/15

MF Global’s brokerage will give pending litigation against its leaders to its parent company in a new deal that will let it almost fully pay its unsecured creditors. Read the Daily Bankruptcy Review article via The Wall Street Journal.

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Next Week in Bankruptcy

07/24/15
Mel Evans/Associated Press

The A&P grocery chain is preparing to close about two dozen money-losing stores while searching for buyers to rescue its other locations throughout the Northeast.

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Appellate Court Weighs In on Supermodel Stock Saga

07/24/15
Supermodel Niki Taylor thanked some of the American Red Cross volunteer blood donors in Atlanta in 2013. An appeals court upheld a ruling in a case involving a stockbroker and the allure of Ms.
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