2014-06-06
Posted by Kathy Bazoian Phelps The Eleventh Circuit issued an opinion this week that has to make receivers happy. See Wiand v. Lee, 2014 U.S. App. LEXIS 10154 (11th Cir. Jun. 2, 2014).
Read More from: The Ponzi Blog
2014-06-04
Posted by Kathy Bazoian Phelps In a very short and summary opinion, the Second Circuit concluded that nothing in a recent Supreme Court decision gave it any reason to revisit its prior ruling that SLUSA bars state law class acti
Read More from: The Ponzi Blog
2014-05-31
Posted by Kathy Bazoian Phelps Below is a summary of the activity reported for May 2014.
Read More from: The Ponzi Blog
2014-05-28
A report issued by the Consumer Financial Protection Bureau (CFPB) found that a debt buyer dismissed 70% of its lawsuits when the consumer filed a wri
Read More from: Nebraska Debt and Bankruptcy Blog
2014-05-27
A report issued by the Consumer Financial Protection Bureau (CFPB) found that a debt buyer dismissed 70% of its lawsuits when the consumer filed a wri
Read More from: Nebraska Debt and Bankruptcy Blog
2014-05-27
The U.S. Supreme Court (“Court”) issued a 5-4 decision today in a case with implications for Tribal-State relations and the resolution of disputes under the federal Indian Gaming Regulatory Act, 25 U.S.C. § 2701 et seq.
Read More from: Bankruptcy and Restructuring Blog
2014-05-27
The U.S. Supreme Court (“Court”) issued a 5-4 decision today in a case with implications for Tribal-State relations and the resolution of disputes under the federal Indian Gaming Regulatory Act, 25 U.S.C. § 2701 et seq.
Read More from: Bankruptcy and Restructuring Blog
2014-05-27
A nightmare scenario for a lender: you lend $1.2 million to a debtor to purchase equipment; you take a first priority security interest in the equipment; one day another company calls to tell you it purchased the equipment at a bankruptcy auction you
Read More from: Creditors' Rights
2014-05-27
Posted by Kathy Bazoian Phelps In a case arising out of the Bernard Madoff Ponzi scheme, the United States Tax Court recently considered whether federal estate tax must be paid on the amount identified on the Madoff account state
Read More from: The Ponzi Blog
2014-05-24
The Fifth Circuit has reversed a Bankruptcy Court's decision to impose death penalty sanctions against a creditor where the lower court found that "the very temple of justice has been defiled." The Bankruptcy Court had found that the actions of an at
Read More from: A Texas Bankruptcy Lawyer's Blog
2014-05-22
A recent ruling in the Chapter 11 case of Free Lance-Star Publishing limited the credit bidding
Read More from: Bankruptcy Law Insights
2014-05-22
A recent ruling in the Chapter 11 case of Free Lance-Star Publishing limited the credit bidding
Read More from: Bankruptcy Law Insights
2014-05-20
One of the fundamental tenets of a business bankruptcy reorganization plan under
Chapter 11 of the Bankruptcy Code is the "absolute priority rule."
This rule, codified in section 1129(b)(2)(B)(ii) of the Bankruptcy Code,
Read More from: Michigan Bankruptcy Blog
2014-05-19
Courts in all states have procedures set to allow creditors to get judgments against the debtors who owe […]
Read More from: Lake Law Blog
2014-05-19
Courts in all states have procedures set to allow creditors to get judgments against the debtors who owe […]
Read More from: Lake Law Blog
2014-05-19
Courts in all states have procedures set to allow creditors to get judgments against the debtors who owe […]
Read More from: Lake Law Blog
2014-05-15
There are times when a person may be found to owe another person money. Usually one party sues […]
Read More from: Lake Law Blog
2014-05-15
There are times when a person may be found to owe another person money. Usually one party sues […]
Read More from: Lake Law Blog