ABI Blog Exchange

Read the Chapter 11 Bankruptcy Petition of Stellar GT TIC LLC (Owner of The Georgian Building in Silver Spring, Maryland)

Owners of The Georgian Building in Silver Spring, Maryland File for Chapter 11 Bankruptcy Protection

Update from the State Bar Business Law Section's INSOLVENCY LAW COMMITTEE

June 22, 2011 Dear Insolvency Law Committee Constituency List members: The following is an Ebulletin prepared on a case of interest by a member of the Insolvency Law Committee: A bill to again revise California Exemptions, introduced by Assembly

Estate of Anna Nicole Smith loses at Supreme Court

"The Supreme Court ruled Thursday that a bankruptcy court incorrectly granted Anna Nicole Smith over $400 million from the estate of her oil magnate husband J. Howard Marshall. In the 5-4 decision, the nation's highest court held that the US...

Supreme Court Finds Core Counterclaim Jurisdiction Unconstitutional, Sends Vickie Lynn Marshall Estate Packing

After fifteen years of litigation, two trips to the Supreme Court and the deaths of both of the original antagonists, the Supreme Court decided Stern v. Marshall, ___ U.S. ___ (2011). While Vickie Lynn Marshall, better known as Anna Nicole Smith

What Do You Do with a Completed Bankruptcy Examiner’s Report?

After the bankruptcy examiner’s investigation and report have been completed (and paid for), the question arises: Now what? Frequently, parties in litigation seek to admit all or part of the report, which represents the analysis and views of the

WSJ digits: Venture Bets on Online Gambling's Future

Fraud in Commercial Real Estate is a Tough Topic: Some High Level Guidance

Fraud is a topic that takes a tough defaulted commercial real estate loan to new pain thresholds. And it is amazing that it is not discussed. But then, who wants to admit that this has infected a portfolio? However, this is a venue where you can at

Beware of Credit Offers Targeting Recent Bankruptcy Filers in Colorado!

Bankruptcy is a federal court process designed to help consumers and businesses eliminate their debts or repay a portion of them under the protection of the U.S. Bankruptcy Court. Each year, thousands of Coloradans use the powerful tools of

Need To File Bankruptcy

Link How do you know when it’s best to file for bankruptcy? What I usually suggest is that if a person can bail himself out of debt within six months, then I would not recommend a bankruptcy filing. However, if at the end of the six month period the

SEC Adopts Rule on Beneficial Ownership of Security-Based Swaps

Earlier this month, the SEC readopted rules to ensure that its current definition of "beneficial ownership" would continue to apply to persons who purchase or sell security-based swaps ("SBS") on and after July 16, 2011. The reproposal was prompted

SEC Adopts Rule on Beneficial Ownership of Security-Based Swaps

Earlier this month, the SEC readopted rules to ensure that its current definition of "beneficial ownership" would continue to apply to persons who purchase or sell security-based swaps ("SBS") on and after July 16, 2011. The reproposal was prompted

Toby Maguire and others sued over poker winnings

" 'Spider-Man' star Tobey Maguire and other celebrities have been caught in a web of lawsuits seeking to reclaim more than $4 million won during unlicensed poker matches at upscale Beverly Hills hotels. The lawsuits were filed in March by...

Philadelphia Orchestra announces millions in gifts

"The Philadelphia Orchestra Association has announced an aid package worth a potential $45 million - a substantial start to its $160 million drive to help the orchestra emerge from bankruptcy and become stable. The funding, announced Wednesday

SEC Adopts Rule on Beneficial Ownership of Security-Based Swaps

Earlier this month, the SEC readopted rules to ensure that its current definition of "beneficial ownership" would continue to apply to persons who purchase or sell security-based swaps ("SBS") on and after July 16, 2011. The reproposal was prompted

SEC Adopts Rule on Beneficial Ownership of Security-Based Swaps

Earlier this month, the SEC readopted rules to ensure that its current definition of "beneficial ownership" would continue to apply to persons who purchase or sell security-based swaps ("SBS") on and after July 16, 2011. The reproposal was prompted

Fix a Charge-Off Status on Your Credit Report

Have you recently checked your credit report and discovered a debt you thought you had paid or are continuing to pay is labelled "charged off"? Nothing may be more frustrating, especially when you have paid the debt. I had a car loan that was

Where is Colorado’s Bankruptcy Court?

Thanks to everyone who participated in this week’s McFarlandLaw Q&A session! This week, Peter D. from Fort Lupton, Colorado asks: “Where is Colorado’s Bankruptcy Court?” The U.S. Bankruptcy Court for the District of Colorado is located in the U.S

McFarlandLaw Blog Joins the National Bankruptcy Forum

McFarland Law Group LLC is proud to announce our new affiliation with the National Bankruptcy Forum! National Bankruptcy Forum publishes a wide variety of articles written by knowledgeable consumer bankruptcy attorneys throughout the country. Roy

Bankruptcy Court Challenges DOMA

The Defense of Marriage Act, which bars federally recognized same-sex marriage, got a surprise challenge from a California bankruptcy court last week. Here’s a look at what happened and what it might mean in the future. A gay couple married in