A seat at the table: this is what you likely want when your financial interests are drawn into a bankruptcy court proceeding. You’ll seek to be heard and do what you can to maximize your recovery.

Thinking about taking a DIY approach to bankruptcy? Make sure you understand the risks before you file.

The U.S. Bankruptcy Code (the “Code”) § 11 U.S.C. § 362(a)(1) provides that when a party files for bankruptcy, an automatic stay is triggered. However, it turns out that there are limitations to the ...

The Third Circuit confirmed that §327 governs retention of counsel. Moreover, it determined that a review of potential conflicts is committed to the discretion of the bankruptcy court and stated that ...

Bankruptcy offers an exit route for families and businesses trapped by debt. In 2019, Forever 21, Barneys New York and Payless ShoeSource declared bankruptcy. Donald Trump’s businesses have declared ...

When a person files for bankruptcy, it’s a sad day. Although the bankruptcy code was enacted to give a “fresh start to the honest but unfortunate debtor” and a single point of contact for creditors ...

Senator Warren and Congressman Nadler have introduced the Consumer Bankruptcy Reform Act (CBRA) which portends to be the biggest change to the U.S. Bankruptcy Code since the Bankruptcy Abuse Prevent ...

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As quick off the mark as usual, Justice Scalia’s unanimous opinion for the Court in Law v. Siegel was the Court’s first opinion from the January argument calendar and his fourth opinion (more than any ...

This morning at 10 a.m., the Court will hear oral arguments in two cases that at first blush look like they present a fairly dry bankruptcy question. But once unpacked and translated into less ...

We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...