1143 ABA Journal Bankruptcy Law articles.
A number of successful real estate investors set for retirement are now scrambling to recover their money and facing big tax bills. The problem is, their assets reportedly were held…
Sep 12, 2007 4:35 PM CDT
A judge has refused to approve $4.2 million in bonuses for lawyers involved in the Northwest Airlines bankruptcy case.
U.S. Bankruptcy Judge Allan Gropper of New York City said the…
Sep 12, 2007 1:58 PM CDT
In a hot-practice-area coup in Chicago, Bell, Boyd & Lloyd has lured eight bankruptcy lawyers, including a new practice group head, from rival Freeborn & Peters.
The lateral group will…
Sep 11, 2007 10:18 PM CDT
In an acerbic opinion, a federal bankruptcy judge has ordered an Iowa lawyer who submitted a largely plagiarized brief to return to law school and take a legal ethics course.
…Sep 7, 2007 8:46 PM CDT
As federal and state legislators ponder possible legislation to deal with a spate of mortgage foreclosures attributed to an explosion of risky subprime lending in recent years, some say a…
Sep 4, 2007 7:02 PM CDT
A federal judge in New York has overturned a ruling in Enron bankruptcy litigation that had caused consternation on Wall Street.
U.S. District Judge Shira Scheindlin ruled that good-faith purchasers…
Aug 29, 2007 6:21 PM CDT
HomeBanc Mortgage Corp. bounced as much as $28 million in checks before filing for bankruptcy, causing headaches for Atlanta-area lawyers who went through with closings assuming the money would be…
Aug 23, 2007 11:36 AM CDT
Attorneys likely won’t have any trouble finding defendants to sue over the meltdown in the mortgage markets.
Suits have already been filed by investors in bankrupt mortgage companies and mortgage-backed…
Aug 22, 2007 12:40 PM CDT
Lawyers who represented the Catholic Archdiocese of Portland, Ore., and its creditors in bankruptcy proceedings triggered in 2004 by clergy sex abuse claims have submitted their final bill.
It is…
Aug 21, 2007 10:33 PM CDT
There is relief in sight for lawyers in Georgia and elsewhere who covered perhaps $20 million in bounced checks issued by a mortgage lender.
After hearing from Edwin R. Neel,…
Aug 21, 2007 6:46 PM CDT
A mortgage company that went belly-up has left Atlanta-area lawyers digging into their own pockets to cover escrow losses.
HomeBanc Mortgage Corp. may have issued as much as $20 million…
Aug 16, 2007 12:31 PM CDT
Vinson & Elkins is the latest law firm to add bankruptcy lawyers, acquiring a five-lawyer boutique for its New York office.
The firm, Cronin & Vris, worked extensively with V&E…
Aug 13, 2007 1:06 PM CDT
About 1,000 retired pilots for Delta Air Lines claim the company owes them at least $100 million in pension benefits.
The pilots said in a New York bankruptcy filing that…
Aug 10, 2007 11:48 AM CDT
A federal appeals court has cleared up a dispute in New Jersey over how long homeowners have to cure a mortgage default.
The 3rd U.S. Circuit Court of Appeals Aug 10, 2007 10:45 AM CDT
The legal fight over responsibility for the failure of commodities broker Refco has taken another turn, as a plaintiff now becomes a defendant.
A lawsuit by a Refco trustee contends…
Aug 9, 2007 6:26 PM CDT