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Recent Hertz Delaware Bankruptcy Court Ruling Maintains Uncertainty Surrounding Repair Premium Claims – Insolvency/Bankruptcy/Restructuring

Over the past decade, there have been several court rulings on whether particular compensation bonuses should be allowed as part of a creditor’s claim in bankruptcy, such as Momentive,1 EFH,2 American Airlines,3 and Ultra Petroleum.4 While these and other decisions set out the legal standards to be applied and resolve the specific claims at issue, […]

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Bankruptcy settlement shifts to the fast lane

The Ministry of Commercial Affairs is set to propose amendments to the Insolvency and Bankruptcy Code (IBC), based on recommendations made by a parliamentary panel, during the budget session of Parliament, according to a person familiar with folder. The IBC Amendment Bill, which must first be approved by the Union Cabinet, aims to reduce the […]

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Correo Argentino: They request confirmation of the declaration of bankruptcy

The prosecutor Gabriela Boquín denounced that the Correo Argentino, of the Macri family, had committed fraud during the 20 years that the race for the creditors lasted and which allowed him to dodge until today the payment of his millionaire debt. For this reason and others, she asked the Chamber of Commerce to confirm the […]

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The Differences Between Filing Chapter 7 Bankruptcy Vs. Chapter 13 Bankruptcy

Filing for bankruptcy is not an easy decision, and the process can be overwhelming. Working with an experienced and caring bankruptcy attorney is the best way for a person to know their options, as it is essential to know which type of bankruptcy is best in a particular situation. Berggren Law Offices, PLLC, a law […]

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Pensacola bankruptcy attorneys discuss house hunting after bankruptcy

Pensacola, Florida – Whatever a person’s New Year’s goals and resolutions are, now is the time to dive straight into the process of achieving them. While some people have goals to lose weight, read a number of books, be more social, or spend more time with family, others have financial goals, such as buying a […]

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5 Best Bankruptcy Lawyers in Kansas City, MO

Below is a list of the best and leading bankruptcy attorneys in Kansas City. To help you find the best bankruptcy attorneys located near you in Kansas City, we’ve compiled our own list based on this rating point list. Kansas City’s Top Bankruptcy Lawyers: The top rated bankruptcy attorneys in Kansas City, MO are: Kentner […]

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Insurers pushed to settle Archdiocese abuse claims

Copyright © 2022 Albuquerque Journal As the Archdiocese of Santa Fe’s bankruptcy reorganization enters its fourth year without resolution, pressure mounts for church insurance companies to pay a larger share of the payout to nearly 400 survivors of child sexual abuse. The archdiocese and plaintiffs alleging abuse by priests and other clergy reached a tentative […]

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[COLUMN] Can bankruptcy change your life for the better? —

AS A bankruptcy attorney, I’m often asked, “How will filing for bankruptcy change my life?” I think people ask this question because of the negative things they may have heard about bankruptcy from friends, family, coworkers, and neighbors. They think bankruptcy means they will forever be considered pariahs in our economy. So instead of focusing […]

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Bankruptcy can be the first step in financial recovery

Improving your financial position I can recall the story about a poor old widow who died after finding a purse around his waist that held thousands of dollars. He found the purse belt in the trash while rummaging, and decided to keep him. But he never opened the bag. So he went on living the rest of […]

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Possession of a Debtor’s Property After a Bankruptcy Declaration May… or May Not… Be a Stay Breach | Nelson Mullins Riley & Scarborough LLP

A person in possession of a debtor’s property while filing for bankruptcy now has more guidance from the Supreme Court as to the effect of the automatic stay. In City of Chicago, Illinois v. Fulton, 141 S. Ct. 585 (2021), delivered January 14, 2021, the Court was faced with the question of whether the City […]

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reality TV stars with money problems | Gallery

From the editors of Wonderwall.com 6:21 am PST, February 28, 2019 Just because you’re a TV star doesn’t mean you don’t have to face financial problems. To take Tori spelling, for example. The daughter of legendary TV producer Aaron Spelling may have been a Hollywood star turned reality star, but in July 2016, the state […]

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Chris Tucker pays huge tax bill, representative says

Photos: celebrity tax problems Celebrity tax problems – Comedic actor Chris Tucker was able to strike a deal with the IRS after the government filed a $ 2.5 million tax lien against him. According to a representative for Tucker, the “Silver Linings Playbook” star drafted the resolution on Friday, August 29, leading to a settlement. […]

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Caesars Palace: millionaire’s $ 500,000 gambling debt before bankruptcy was a fraud

Through Steve Green Monday January 10, 2011 | 10:00 a.m. Caesars Palace is suing the millionaire owner of the famous Beverly House estate in Beverly Hills, California, accusing him of fraudulently accumulating $ 500,000 in unpaid gambling debt before filing for bankruptcy. A Caesars Palace lawyer last week filed an adversary complaint in the New […]