ABA Journal

Bankruptcy Law

1143 ABA Journal Bankruptcy Law articles.

Bankruptcy Leader Jumps from Weil to Dewey

The co-head of the restructuring practice at pre-eminent bankruptcy firm Weil, Gotshal & Manges has jumped to Dewey & LeBoeuf.

The Wall Street Journal (sub. req.)…

More Bankruptcy Trustees Target Law Firms

More law firms are facing lawsuits by bankruptcy trustees who claim lawyers helped companies hide financial problems.

Such suits “have largely replaced shareholder class actions in the nightmares of law…

Bills Would Allow Bankruptcy Judges to Modify Home Loans

Legislation pending in Congress would allow bankruptcy judges to help stave off foreclosures on primary homes by adjusting the mortgage terms and even forgiving part of the debt.

The bills…

Judge to Decide Whether Pillsbury Should Give Up $4M-Plus Fee

A bankruptcy case involving alleged conflicts of interest by Pillsbury Winthrop Shaw Pittman has reinforced the need for disclosure.

A San Jose, Calif., bankruptcy judge will consider whether the law…

Prominent Divorce Lawyer Tussles With Law Firm Over Bankruptcy

A prominent New Jersey divorce lawyer who filed for bankruptcy has reached a settlement to resolve creditors’ claims, but a law firm that represented a secretary who sued him is…

Bankruptcy Judge Properly Fired Debtor’s PI Counsel

A Manhattan bankruptcy judge properly fired a debtor’s incompetent and uncooperative personal injury lawyer, a federal appeals court has ruled.

Although Manhattan personal injury lawyer Jeffrey H. Schwartz was initially…

Borrowers Facing Foreclosure Often Overpay, Study Finds

Bankruptcy court filings indicate that some lenders and loan servicers foreclosing on properties are charging questionable fees and misstating outstanding balances.

University of Iowa law professor Katherine…

Big Salander Bankruptcy: $50M, Art at Stake

Besieged by creditor claims for $50 million, Lawrence Salander, a well-known art dealer, and his wife have filed for personal bankruptcy.

Meanwhile, law enforcement authorities in Manhattan searched an art…

New Bankruptcy Law Ups Real Estate Woes

If you’re seeing board-ups or overgrown lawns on some homes in your neighborhood, bankruptcy reform may well be one reason why.

New creditor-friendly bankruptcy provisions enacted in 2005 make it…

More Consumers Halt Foreclosures With Chapter 13

Chapter 13 bankruptcies that allow consumers to keep their homes are rising, encouraged in some cases by lawyers who promote the option in press releases and advertising.

Some lawyers are…

OJ Simpson Book, ‘If I Did It,’ a Best-Seller

It couldn’t have been O.J. Simpson’s plan, since he doesn’t get any of the profits. But the former superstar’s arrest earlier this month has helped launch his new book, If…

Nice Job: World’s Richest Representation

Ten years ago, Steven Selsberg left the Houston office of Weil, Gotshal & Manges because he didn’t make partner. Today, his professional future is looking a lot brighter.

Although has…

2 Lawyers in Bankruptcy Case Crossfire

A well-known defense lawyer is the latest central Florida attorney to be caught in the crossfire between high-profile client Lou Pearlman, a jailed music producer with $500 million in claimed…

Cadwalader Boosts Bankruptcy Practice

In an ongoing effort to amp up its financial restructuring practice in the U.S. and abroad, Cadwalader, Wickersham & Taft has hired another six attorneys this week and plans to…

Lender Battles Could Cost Homeowners

As if struggling homeowners didn’t already have enough to worry about, insolvent lenders could saddle some with unexpected bills.

In a bankruptcy court battle in Delaware between American Home Mortgage…

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