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America's College Students Owe $1 Trillion to Bankers
According to the film, astoundingly, student loans do not have normal consumer safeguards such as bankruptcy protection, refinancing options and a statute of limitations. They also do not adhere to usury laws, fair debt and collections practices,
Updated: 10/14/2011 02:35P
Chadbourne & Parke LLP | Silent Second Liens
The better reasoned view, according to Howard Seife, of Chadbourne & Parke LLP, is that the parties to these transactions should be permitted to agree on their terms, and that bankruptcy courts therefore should uphold these agreements.
Updated: 10/14/2011 02:35P
Chadbourne & Parke LLP | Are There Any Limits to Mandatory Subordination Under
581 Are There Any Limits To Mandatory Subordination Under Section 510(b) of the Bankruptcy Code? N. THEODORE ZINK, JR. AND CHRISTY RIVERA This article examines whether there is any practical limit to the mandatory subordination of securities related
Updated: 10/14/2011 02:30P
Chadbourne & Parke LLP | Trustee's Fraud Claims May Be Barred by 'In Pari
925 TRUSTEE'S FRAUD CLAIMS MAY BE BARRED BY “IN PARI DELICTO” DOCTRINE Generally speaking, the law is clear that a company in bankruptcy can- not sue a third-party for fraud that the debtor itself participated in because that claim actually accrues to
Updated: 10/14/2011 02:30P
Chadbourne & Parke LLP | The 'Deepening Insolvency' Debate
If this type of out-of-court workout is successful, the borrower will avoid a bankruptcy filing and, indeed, will continue to operate, for the benefit of shareholders, employees, creditors, and customers. A failed restructuring, however, ultimately may
Updated: 10/14/2011 02:30P
Chadbourne & Parke LLP | Seven Bankruptcy Appeals Questions Answered
When reconsideration failed at the bankruptcy court level, the parties appealed, first to the district court and then, in one appeal, to the court of appeals. While we believe that the appeals ultimately would have been dismissed on the merits,
Updated: 10/14/2011 02:30P
Chadbourne & Parke LLP | BAPCPA: Review and Analysis of Business Bankruptcy
485 BAPCPA: Review and Analysis of Business Bankruptcy Provisions After One Year DOUGLAS DEUTSCH AND DAVID LEMAY The authors highlight the first year of the Bankruptcy Code's business bankruptcy changes by reviewing bankruptcy opinions and everyday
Updated: 10/14/2011 02:29P
Chadbourne & Parke LLP | The Yukos Chapter 15 Case: The Story of How a United
43 The Yukos Chapter 15 Case: The story of how a United States Bankruptcy Court's pragmatic approach to a novel problem aided a Russian receiver to protect assets located in the Netherlands By Francisco Vazquez and Theodore Zink, Chadbourne & Parke New
Updated: 10/14/2011 02:29P
Chadbourne & Parke LLP | An Introduction to Local Bankruptcy Rules
Be aware that bankruptcy judges in 98 different federal court districts are certain not to be entirely uniform with regard to their practices, procedures and formatting (thus, the same substantive local rule might be numbered differently in different
Updated: 10/14/2011 02:29P
Deadline for Jefferson County Bond-Debt Settlement Rolled Back
Oct. 14 (Bloomberg) -- A final settlement to help Jefferson County, Alabama, and holders of $3.14 billion of its debt avert a record municipal bankruptcy has been delayed, said John Young, a court-appointed receiver managing the county's sewer system.
Updated: 10/14/2011 02:29P
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