Now here is some really good news for all of you who keep getting those really thoughtful, personalized e-mails from the cousin of the recently slain Minister of Finance who simply needs all of your banking information so they can park, for a generous fee of course, 29.3 million dollars US until their home country [...]

Spell checkers are great, but are no substitute for a good human copy editor. Sometimes their misdeeds are more amusing than embarrassing. But in one California case, a spell checker with an poor grasp of Latin has created a unique legal doctrine.
The article notes that Arthur Dudley, a solo practitioner in Santa Cruz, California used [...]

Bradley Belt, the Executive Director of the Pension Benefit Guaranty Corporation, has tendered a letter of resignation. Belt plans to step down on May 31 and the resignation marks the end of his two year leadership of the organization.
The PBGC, which insures defined benefit plans, is a 31 year old insurance fund created by [...]

The IRS has proposed a set of rules first published in the Dec. 8 Federal Register that includes a rule that would allow accountants and tax-preparers to sell information from individual returns to marketers and data brokers.
The proposed rules, which would become effective 30 days after a final version is published, would require a tax [...]

Oneida Ltd., once the largest maker of stainless steel flatware, has filed for Chapter 11 bankruptcy protection in the U.S. Bankruptcy Court for the Southern District of New York.
The company had earlier agreed to a debt for equity deal with its lenders and had already developed a reorganization plan with its creditors prior to filing [...]

Although progress has evidently been made, the union representatives and GM are entering an intense time of negotiations, according to reports prepared by Reuters today. These talks also include/affect workers benefits at Delphi, the large supplier to GM that is now in chapter 11.
Quote:
General Motors Corp. (GM.N: Quote http://today.reuters.com/stocks/overview.aspx?symbol=GM.N , Profile http://today.reuters.com/stocks/CompanyProfile.aspx?symbol=GM.N , Research [...]

We received a notice from the Northern District of Texas this morning that the increased fees for Chapter 7 and Chapter 13 filings will not go into effect on April 9 after all. There was no explanation for the delay. Notice is as follows:
Dear ECF Filers,
The fee increases listed in Clerk’s Notice 06-05 [...]

The legal tab for United Airlines’ 38-month bankruptcy restructure is more than $335 million. It is the largest tab and the longest restructure in this industry’s history. The fees will be reviewed by a fee committee appointed by the bankruptcy trustee and will require approval by the U.S. Bankruptcy Court.
The full article will [...]

I just stumbled across this order - I had just finished 8th grade when it was issued, so it’s new to me. It serves as a good reminder (particularly in this era following BAPCPA) that some procedural issues can be a bit perplexing even for judges. In this carefully crafted order, Bankruptcy Judge A. Jay [...]

On February 8, 2006, President Bush signed into law the Deficit Reduction Act of 2005 (Pub.L. 109-171). Included in the law were increases in bankruptcy filing fees that will take effect 60 days after signing (in other words, April 9, 2006):
Chapter 7 filing fees will increase from $220 to $245, with total fees due at [...]