1145 ABA Journal Bankruptcy Law articles.
Citigroup has agreed to pay $1.66 billion to settle claims that it aided Enron’s downfall by setting up complex financial structures that hid and amplified the…
Mar 26, 2008 4:18 PM CDT
After seeing the value of one of the nation’s investment banking giants plummet disastrously virtually overnight this week, investors are now wondering about the safety of assets held in brokerage…
Mar 18, 2008 9:12 PM CDT
Enron employees who lost their retirement cash when the company collapsed were disappointed a second time when it was revealed that a company distributing a $218 million settlement payout got…
Mar 14, 2008 3:47 PM CDT
A bankruptcy examiner’s report about problems at subprime lender New Century Financial could be unsealed as early as this week.
The report is likely to address advice by auditor KPMG,…
Mar 10, 2008 1:40 PM CDT
In a bit of good news for one of the nation’s largest mortgage lenders, which has been deluged lately with claims of abusive foreclosure practices, a federal judge in Texas…
Mar 5, 2008 11:15 PM CST
When business is bad, business is good for bankruptcy lawyers. As more big businesses seek bankruptcy protection this year, more law firms are gearing up to handle the work.
In…
Mar 5, 2008 12:48 PM CST
Bankruptcy lawyers have started a letter-writing campaign in support of a judge who was wearing a cocktail dress when police arrested him on suspicion of…
Mar 3, 2008 6:52 PM CST
In a highly unusual action, U.S. trustees in three states are seeking sanctions against Countrywide Financial Corp., contending that the major mortgage lender has abused the bankruptcy process by making…
Mar 1, 2008 1:02 AM CST
The New York Times is urging passage of a law that would allow bankruptcy courts to rewrite the terms of borrowers’ mortgages.
An editorial says some…
Feb 27, 2008 2:56 PM CST
Partner defections in the bankruptcy department at Weil, Gotshal & Manges highlight a disagreement in the firm about how its pre-eminent restructuring practice should be integrated with the rest of…
Feb 25, 2008 12:38 PM CST
A pending congressional proposal to allow bankruptcy judges to reduce borrowers’ outstanding home mortgages is running into some strong opposition from lenders.
The measure, which could be voted on in…
Feb 22, 2008 2:59 PM CST
DLA Piper has raided the Chicago office of Locke Lord Bissell & Liddell, persuading eight attorneys to jump ship and join the megafirm’s office there.
The group, which includes both…
Feb 21, 2008 8:00 PM CST
When opinion letters apparently written by a prominent New Jersey lawyer were sent to Merrill Lynch Business Financial Services in 2004 along with alleged fake financial statements, the bank reportedly…
Feb 13, 2008 9:25 PM CST
A federal bankruptcy judge has refused to approve a fee request of almost $75,000 by a New York law firm because it did not clearly disclose the relationship between the…
Feb 4, 2008 4:27 PM CST
In her 30-plus years of practice, Houston bankruptcy lawyer Evelyn H. Biery has seen the tides of her practice area rise and fall. Right now, she’s happily riding a wave.
Feb 1, 2008 11:44 PM CST
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