(August 16th, 2005 under Automobile Industry )
There has been continuing talk of possible reorganizations for the suppliers to the auto industry and here is one small article on that topic:
http://www.detnews.com/2005/autosinsider/0508/12/01-277837.htm
Mike
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(August 12th, 2005 under Announcements)
Google, the search engine that is now also a verb, has been cited in two recent court cases — one in federal court, the other in state court — as a tool to be employed when trying to locate a defendant for service of process.
In Munster v. Groce, Case No. 18A02-0409-CV-738 (Ind.App. June 8, 2005), [...]
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(August 11th, 2005 under Announcements)
Here is a link to yet another article on a possible filing by Delta. If it is going to happen, the conventional wisdom is that the company will file prior to Oct. 17, the effective date for the new bankruptcy law.
http://www.billingsgazette.com/index.php?id=1&display=rednews/2005/08/11/build/business/56-delta.inc
Mike
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(August 10th, 2005 under New Bankruptcy Law )
Is there an old unpaid debt in your past that you thought had been forgotten, written off or was otherwise dead and buried? Don’t be shocked if you get a call from a collection agency trying to bring it back from the dead. A new breed of debt collector (referred to by some as “zombie” [...]
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(August 9th, 2005 under New Bankruptcy Law )
Revisions to the federal procedural rules are in the works, part to address issues related to electronic discovery. In June, the Committee on Rules of Practice and Procedure approved proposed revisions to various appellate, bankruptcy, civil, criminal and evidence rules. The new rules must still make their way through the Judicial Conference, the Supreme Court [...]
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(August 8th, 2005 under Articles and Papers )
Cite: Cadle Co. v. Pratt (In re Pratt), 2005 U.S. App. LEXIS 10148 (5th Cir., 2005)
The Fifth Circuit handed down a decision last week that affirmed the bankruptcy court’s judgment overruling a creditor’s objection to a debtor’s discharge under 11 U.S.C. ?727. The Cadle Co. contended that Jack E. Pratt, Jr.’s discharge should [...]
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(August 5th, 2005 under New Bankruptcy Law )
Keeping the lights on is one of the most important considerations for a reorganizing business debtor. Without electricity (and other vital utility services), a business attempting to reorganize under Chapter 11 of the Bankruptcy Code is doomed to fail.
Congress recognized the importance of these services and so provided a Bankruptcy Code section [...]
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(August 4th, 2005 under Announcements)
Many have speculated that businesses will follow the lead of individuals who have chosen to file for bankruptcy protection before the new bankruptcy law goes fully into effect.
Here is an article which addresses this issue from the perspective of the airline industry. Now, we all realize that whenever larger companies “leak” information about [...]
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