2013-06-11
The bankruptcy context is particularly ripe for D&O
claims, and it also represents a particularly difficult claims context for
D&O insurers. Anyone with any doubts about just how complicated bankruptcy
Read More from: Bankruptcy Law Community Blogs
2013-06-10
by Raphaela Taylor
Secured lenders often resort to non-judicial foreclosure
sales of personal property upon a borrower's default. Article 9, Part 6 of the
Read More from: Bankruptcy Law Community Blogs
2013-06-10
I am often asked, "How many Ponzi schemes are there?"
This is a tough question to answer with 100% accuracy because there is no
central registry for all Ponzi scheme cases. The media certainly reports on the
Read More from: Bankruptcy Law Community Blogs
2013-06-06
Net winners in a Ponzi scheme - those who have profited -
often get sued to return the profits paid to them. Those who lost money (net
losers) usually don't get sued, unless they were not in "good faith." It is a
Read More from: Bankruptcy Law Community Blogs
2013-06-03
It's springtime, and Ponzi schemes are in full bloom. Here
is a summary of stories that were reported this month. Please feel free to post
comments about these or other Ponzi schemes that I may have missed. And please
Read More from: Bankruptcy Law Community Blogs
2013-05-30
By JOANNE KAUFMAN No long chats with the doorman. No umbrellas or wet boots in the hall. No welcome mats or decorations on the front door. No wearing flip-flops in the lobby.
Read More from: Shenwick & Associates
2013-05-29
The US Supreme Court
has long taught the importance of certain canons of interpretation unique to
bankruptcy law, the more significant ones being:
The
Fresh-Start Policy: A primary purpose of
Read More from: Bankruptcy Law Community Blogs
2013-05-27
A taboo subject, I realize. Every time I mention that I gave up caffeine a year ago, people just shut down. They say, “Whoa, not me!” and
Read More from: Spiritually Bankrupt
2013-05-21
As many readers of our blog probably know, IRAs (Individual Retirement Accounts) are exempt under New York State Debtor and Creditor Law and the federal Bankruptcy Code.
Read More from: Shenwick & Associates
2013-05-21
WILMINGTON, Del. -- (Mealey's) Former joint compound
producer Bondex International Inc. and its related holding company Specialty
Products Holding Corp. face an estimated $1.16 billion in pending and future
Read More from: Bankruptcy Law Community Blogs
2013-05-15
In the only bankruptcy case pending before it this term,
a unanimous Supreme Court has ruled that the archaic term
"defalcation" used in 11 U.S.C. Sec. 523(a)(4) requires
knowledge of, or gross recklessness in respect to, the
Read More from: Bankruptcy Law Community Blogs
2013-05-14
On April 30, 2013, the United States Court of Appeals for
the Ninth Circuit held that the bankruptcy court has authority to
recharacterize as equity, rather than debt, advances of funds made purportedly
Read More from: Bankruptcy Law Community Blogs
2013-05-14
By ANNIE LOWREY The anemic economy has left millions of younger working Americans struggling
Read More from: Shenwick & Associates
2013-05-13
WASHINGTON, D.C. - (Mealey's) The U.S. Supreme Court on
May 13 unanimously vacated and remanded a case involving a bank's claim that a
debtor who had acted as trustee for his father's insurance trust was guilty of
Read More from: Bankruptcy Law Community Blogs
2013-05-13
by Fred
Witt, Co-author, Sheinfeld, Witt & Hyman, Collier on Bankruptcy Taxation
(LexisNexis).
and
David Elrod, Shareholder, Elrod, PLLC, Dallas, Texas
The
views expressed are those of the authors alone.
Introduction
Read More from: Bankruptcy Law Community Blogs
2013-05-08
It sounds like a good idea: Insure against losses from investing
in a Ponzi scheme. Insurance policies, including homeowner's policies, can
provide coverage from losses from fraud, embezzlement or forgery. But does it
Read More from: Bankruptcy Law Community Blogs