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New York Federal Court Upholds Bankruptcy Court Fraudulent Conveyance Finding for Tax Sale Foreclosure – Insolvency/Bankruptcy/Restructuring

United States: New York Federal Court Upholds Bankruptcy Court Fraudulent Transfer Finding for Tax Sale Foreclosure March 01, 2022 Riker Danzig Scherer Hyland & Perretti To print this article, all…

Barclays and Kuwait seek halt to $85m Madoff recovery lawsuits

By Rick Archer (February 28, 2022, 7:02 PM EST) – Barclays Bank and a Kuwaiti government investment fund have asked a Connecticut Bankruptcy judge to halt attempts by the former…

WBTV viewer shares story of filing for bankruptcy, facing eviction before paying medical bills

CHARLOTTE, NC (WBTV) — For years, Coleen Tolson was puzzled over what was wrong. She still felt tired. She suffered from fainting spells. For a full year, she did not…

Can litigants request a jury trial in federal bankruptcy court? | Schiffer Hicks Johnson

Litigants often seek to transfer cases to federal bankruptcy court when one of the parties is or enters bankruptcy. When the claims at issue are not directly related to the…

NJ Diocese Ordered to Strengthen Ch. 11 Regime Disclosures

By Jeannie O’Sullivan (February 28, 2022, 6:09 PM EST) – A Catholic diocese in New Jersey forced into Chapter 11 by a barrage of clergy sex abuse lawsuits will have…

Satellite operator McLean emerges from bankruptcy

Intelsat has a new board, less debt Posted February 28, 2022 by Robyn Sidersky McLean-based satellite operator Intelsat Corp. announced on February 23 that it had exited its financial restructuring…

Bankruptcy of Sunwave Gas & Power Inc.

TORONTO, CANADA- TheNewswire – February 28, 2022 – On February 25, 2022, ONEnergy Inc. (“ONEnergy” or the “Company”) (NEX:OEG.H), (TSXV: OEG.H), stated that its wholly-owned subsidiary, Sunwave Gas & Power…

Bankruptcy is the optimal location for mass liability cases

Bankruptcy is the ideal location for cases of mass liability People who are unable to not pay their debts to get a fresh start by liquidating their assets to pay…

Texas wants to sue Meta for bankruptcy over secret facial recognition

Texas is suing Meta for trillions of dollars, arguing that automatic facial recognition violated multi-billion dollar Texas law. The claims are against Facebook and Instagram, both of which have biometrically…

The council admits: We are on the verge of bankruptcy. Again

CROYDON IN CRISIS: After a fortnight of flimsy denials from the propaganda bunker at Fisher’s Folly and the local Labor Party, official reports released ahead of budget-setting meetings confirm that…

Yonkers architect charged with embezzlement and fraudulent bankruptcy

For nearly 20 years, Highland Associates Ltd. gave Anthony M. Caprio ever-increasing opportunities to learn the craft of architecture, the partners claim, only realizing after he rejected an offer to…

The law firm of Steven J. Stirparo is a premier bankruptcy attorney in Wilmington, DE

Wilmington, DE – Bankruptcy is a difficult and frightening experience. People facing bankruptcy may feel like they have no one to turn to for help. The thought of declaring bankruptcy…

Industry News – January 28, 2022 – Insolvency/Bankruptcy/Restructuring

Worldwide: Industry News – January 28, 2022 February 28, 2022 by Arnall Golden Gregoire To print this article, all you need to do is be registered or log in to…

What bankruptcy taught former Colts star Gary Brackett – The Athletic

Editor’s Note: This story includes descriptions of suicidal thoughts. If you or someone you know is having suicidal thoughts or emotional distress, contact the National Suicide Prevention Lifeline at 1-800-273-TALK(8255)…

The local unit of the Russian Sberbank maintains a public holiday for fear of bankruptcy

The European Central Bank (ECB) estimated that the European subsidiary of the Russian public bank Sberbank was on the verge of bankruptcy. Sberbank Europe AG and its Croatian and Slovenian…

US lawmakers plan bill to ban Texas two-step bankruptcy scheme

U.S. lawmakers are considering legislation to ban the controversial bankruptcy maneuver called “Texas two-step” to prevent big companies from abusing the Chapter 11 process, the chairman of the Senate Judiciary…

CFTC lawsuit against ex-Washington rancher delayed pending bankruptcy

The CFTC complaint seeks restitution, civil penalties, and permanent bans on trading and recording on Easter Day. On several occasions, according to the CFTC complaint, Easterday featured positions in live…

Recent Hertz Delaware Bankruptcy Court Ruling Maintains Uncertainty Surrounding Repair Premium Claims – Insolvency/Bankruptcy/Restructuring

Over the past decade, there have been several court rulings on whether particular compensation bonuses should be allowed as part of a creditor’s claim in bankruptcy, such as Momentive,1 EFH,2…

Lake Highlands Alamo will remain open, even if it and two sister theaters file for bankruptcy

Photo by Danny Fulgencio. The Alamo Drafthouse in North Richland Hills will remain permanently closed after it and two other venues voluntarily filed for bankruptcy on Friday, but our neighborhood…