Chapter 7 Bankruptcy. Legal news and articles for April 25 - 27, 2017

Supreme Court Rejects GM Appeal of Ignition Switch RulingSouth Arkansas bankruptcies for the week ended Tuesday, April 25, 2017Meet the man with a £35000 iPhone who can't seem to find the money to pay his debtsBankrupt Joseph Gutnick grilled over debtsJoe Gutnick news: Bankruptcy inquiry for mining magnate | Herald SunSolar Spectrum buys Sungevity assets, will rehire workersCourt appoints receiver to fix DC apartment building owned by controversial landlordGM appeal of ignition switch ruling rejected by high court | WNYT.comMassachusetts Bankruptcy Court Confirms that Chapter 13 Debtors May “Strip Off” Second MortgagesRepairs Are Finally Coming to One of Sanford Capital's Deplorable Properties.Asst. AG calls proposal to buy Dusty Old Cars business a 'get out of jail free card'New Orleans startup airline GLO to resume flights after bankruptcy filingWife of bankruptcy lawyer Geraci doesn't get to have special ...How Motorola Solutions CEO Escaped BankruptcyLindemuth faces contempt allegation in divorce case | The Topeka ...

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Report: Lowell Register admitted taking Creek's transmitter part
13WMAZ.comMarch 27, 2017

The report describes how Register ended up in jail Sunday after a court fight over disputed property. Register is head of Register Communications, which owned several local TV and radio stations. According to federal bankruptcy court records, his ...more »

US revives talks of moving Tel Aviv embassy to Jerusalem
Daily SabahMarch 27, 2017

The Palestinians want these areas along with the Gaza Strip for the establishment of a future Palestinian state. International law views the West Bank and east Jerusalem as "occupied territories" and considers all Jewish settlement-building activity on ...more »

Chapter 7 Bankruptcy. News and Stories

Supreme Court Rejects GM Appeal of Ignition Switch Ruling
Claims JournalApril 27, 2017

Robert Hilliard, a Corpus Christi, Texas, lawyer who has about 300 pre-bankruptcy cases pending against GM, said the decision wrecks GM's strategy to settle the strongest post-bankruptcy cases and refuse to negotiate with pre-bankruptcy plaintiffs.more »

South Arkansas bankruptcies for the week ended Tuesday, April 25, 2017
MagnoliareporterApril 27, 2017

Consolacion P Oliver, A/K/A Connie Oliver, 1309 Harold Ellen Drive, El Dorado; Chapter 7; bankruptcy filed April 18. Chasity L. Kendrix, 331 W. Cedar St., Apt. B, El Dorado; Chapter 13; bankruptcy filed April 18. Ruby Jean Jackson, A/K/A Ruby Gill, 270 ...more »

Meet the man with a £35000 iPhone who can't seem to find the money to pay his debts
Mirror.co.ukApril 27, 2017

Is it a bankruptcy story? That's not something I want to put out there.” And with that he went back inside the conference. The public record is more forthcoming. It shows that the first bankruptcy was over the failure to pay a debt of £17,000 owed to a ...more »

Bankrupt Joseph Gutnick grilled over debts
The Sydney Morning HeraldApril 27, 2017

Bankrupt former rich-lister "Diamond" Joe Gutnick has faced a court grilling over loans to a New York fraudster and Brooklyn-based community organisation.more »

Joe Gutnick news: Bankruptcy inquiry for mining magnate | Herald Sun
Herald SunApril 27, 2017

JOSEPH Gutnick has faced off with lawyers in a stunning courtroom showdown in which he attacked media, jumped to the defence of his wife and religion and ...more »

Solar Spectrum buys Sungevity assets, will rehire workers
The Mercury NewsApril 26, 2017

As part of a sale of Sungevity that was approved by a U.S. Bankruptcy Court in Delaware, Solar Spectrum has bought certain assets of the bankrupt company. Terms weren't disclosed. “Solar Spectrum intends to hire the substantial majority of current ...more »

Court appoints receiver to fix DC apartment building owned by controversial landlord
Washington PostApril 26, 2017

As part of the closed-door discussions between city attorneys and the defendants on Tuesday, Mott agreed to let Sanford seek approval of the receivership from the federal bankruptcy judge. Mott said that he planned to personally call the federal judge ...more »

GM appeal of ignition switch ruling rejected by high court | WNYT.com
WNYTApril 26, 2017

WASHINGTON (AP) — The Supreme Court on Monday turned away an appeal from General Motors Co. seeking to block dozens of lawsuits over faulty ignition ...more »

Massachusetts Bankruptcy Court Confirms that Chapter 13 Debtors May “Strip Off” Second Mortgages
JD Supra (press release)April 26, 2017

Caulkett does not affect a chapter 13 debtor's ability to strip off a second mortgage. In Caulkett, the Supreme Court held that a debtor in a chapter 7 bankruptcy may not void a junior mortgage lien under 11 U.S.C. § 506(d) when the debt owed on a ...more »

Repairs Are Finally Coming to One of Sanford Capital's Deplorable Properties.
Washington City PaperApril 26, 2017

In court records, Terrace Manor LLC's attorneys say bankruptcy would facilitate the sale of the property for about $5.8 million to a prospective purchaser called Equilibrium, run by developer Sofonias Astatke. This would apparently allow the LLC to ...more »

Asst. AG calls proposal to buy Dusty Old Cars business a 'get out of jail free card'
The Union LeaderApril 26, 2017

Reich Brothers Business Solutions LLC sent a letter to the bankruptcy trustee about its interest in buying the business for $1.5 million, Boffetti said. One condition, he said, is that the attorney general issue a “no adverse action” letter for ...more »

New Orleans startup airline GLO to resume flights after bankruptcy filing
NOLA.comApril 25, 2017

GLO Airlines, launched in New Orleans in 2015, filed Sunday April 23, 2017 for federal bankruptcy protection, but will continue flying to all of its destinations after reaching an agreement with the company that operates its flights. (Photo courtesy ...more »

Wife of bankruptcy lawyer Geraci doesn't get to have special ...
Cook County RecordApril 25, 2017

The wife of prominent Chicago area bankruptcy lawyer Peter Francis Geraci has failed to persuade a jury her post-traumatic stress disorder, which she claims ...more »

How Motorola Solutions CEO Escaped Bankruptcy
FortuneApril 25, 2017

He got out of the cell phone business and focused the company's expertise in communications technology on providing police and fire departments with high-tech video, radio, and network equipment to fight and predict crime. The changes required a ...more »

Lindemuth faces contempt allegation in divorce case | The Topeka ...
Topeka Capital JournalApril 25, 2017

Kent D. Lindemuth — defendant in more than 100 counts of criminal bankruptcy fraud in federal court and whose real estate, business assets and more than ...more »

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