Bankruptcy Law News. Crime Stories, Law on News and Legal Publications in November, 2011

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Unsecured creditors likely to lose nearly half money owed by Browns ...
Manchester Evening NewsNovember 1, 2011

The firms face an anxious wait as administrators for Browns Construction Group battle for payments from long-running contract disputes against the company, which helped force it into administration in August. But administrators from Begbies Traynor ...more »

Madoff Family Book's Profits Spark Anger from Victims
KBOINovember 1, 2011

But Catherine Hooper, the woman who's been engaged to Andrew and living with him for the past three years, will profit from the project, which angers some of the victims of Bernie Madoff's multi-billion-dollar investment fraud. ...more »

Bankruptcy Law News and Stories

Bad Credit History
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Pennsylvania Court Rules Against Distressed Munis
Wall Street Journal (blog)November 1, 2011

The “opinion was to me signaling that the Supreme Court is not going to construe Act 47 broadly,” University of Pennsylvania law professor and bankruptcy expert David Skeel said in an interview Monday. If the state wants arbitration awards to be ...more »

Collections
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Shining spotlight on solar panel bankruptcy
Washington TimesNovember 1, 2011

The White House's half-billion-dollar loan to a now-bankrupt solar-energy firm is just the first act in an emerging scandal of insider political influence over a deeply flawed clean energy program. What has come to light so far as part ...more »

Chapter 11, Chapter 13 Bankruptcy
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Pennsylvania Court Rules Against Distressed Munis
Wall Street Journal (blog)November 1, 2011

The “opinion was to me signaling that the Supreme Court is not going to construe Act 47 broadly,” University of Pennsylvania law professor and bankruptcy expert David Skeel said in an interview Monday. If the state wants arbitration awards to be ...more »

Disputes With Irs
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De Lima expects Ligots to come out after long weekend
GMANews.TVNovember 1, 2011

Justice Secretary Leila de Lima is expecting former military comptroller Jacinto Ligot and his wife Erlinda, both facing tax evasion charges, to emerge after the four-day-long weekend at the earliest. De Lima said it would be possible that the first ...more »

Garnishment
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Dozen Indicted in Student Loan Scheme
WTOKNovember 4, 2011

Grants i can understand the anger but a loan in your name, you will pay it back wether it's through garnishment or the taking of the persons income tax return! by Teacher Location: Meridian on Nov 4, 2011 at 03:11 PM This makes me sick! ...more »

Chapter 7 Bankruptcy
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Suit Drags on Against the Lawyer Who Wrote the Book On Legal Mal
Texas LawyerNovember 1, 2011

Hilton Stein, the once dean of legal -malpractice lawyers who went bankrupt and has been on disability inactive status since 2002, is fighting to stave off trial of a nearly 10-year-old suit by a former client. The case, Mehta v. Stein, Bankr. No. ...more »

Personal Bankruptcy
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Mark Cuban tried to buy Dodgers
CBSSports.com (blog)November 2, 2011

Current owner Frank McCourt, who may be close to reaching a settlement with MLB to sell his team and emerge from bankruptcy, valued the club at $1 billion to $1.2 billion, causing Cuban to pass. "At that price, I wasn't interested," Cuban said. ...more »

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