Date of Issuance: September 10, 2009
Judge: John H. Squires
Click here to view the opinion in .pdf format.
Entries categorized as ‘chapter 7’
In re KJC Construction, 07-21749/Grochocinski v. Rieger, 09-105
September 14, 2009 · Leave a Comment
Categories: Fed. R. Bankr. Proc. · IL · ND · adversary · bankruptcy · ch 7 · chapter 7 · cir 7 · current-events · data · grochocinski · judge · opinion · property · real property · research · squires · trustee
lawyers who need lawyers …
March 18, 2009 · 2 Comments
Anybody know a bankruptcy lawyer?
Fr0m The American Lawyer’s Nate Raymond comes this piece about NYC IP boutique Morgan & Finnegan
Morgan & Finnegan, the New York IP boutique that dissolved in February after a raft of partner departures, filed for bankruptcy Tuesday. The Chapter 7 filing, first reported on the blog Above the Law, came six days after a New York state judge placed the firm into receivership in response to a lawsuit by lender JPMorgan Chase. The boutique, whose revenue declined 38 percent last year, listed $6.37 million in assets and $10 million in liabilities. [read the whole article]
Twitter search results for Morgan & Finnegan
Categories: bankruptcy · business filings · ch 7 · chapter 7 · current-events · filings
Tagged: law, lawyer, partner, draw
O’Bama Foreclosure Fix (take 1)
March 4, 2009 · 1 Comment
O'Bama - the fix is in
From CNN.com
Obama foreclosure fix open for business The Obama administration’s foreclosure prevention program is open for business. The multipronged fix calls for companies to help struggling borrowers by modifying loans so monthly payments are no more than 31% of monthly gross income. Under the program, homeowners who haven’t missed a payment can refinance into lower-cost loans even if they have little or no equity. The $75 billion plan will provide incentives to borrowers and loan servicers and investors to spur mortgage modifications. The government will also subsidize interest rate reductions to get borrowers to affordable monthly payments. “This plan will help make home ownership more affordable for nine million American families and in doing so, help to stop the damaging impact that declining home prices have on all Americans,” said Housing Secretary Shaun Donovan. Borrowers can now contact their servicers to see whether they are eligible for assistance. Federal officials will promote the program at homeownership events nationwide.
Categories: CA · bubble · ch 13 · chapter 7 · consumer · cramdown · credit · creditor · crisis · current-events · data · debt · depreciation · discharge · foreclosure · fraud · income · individual · investments · legislation · mortgage · property · real property · research · sale · short sale
In re Teknek, LLC, 05-27545
November 5, 2008 · Leave a Comment
Case Name: In re Teknek, LLC, 05-27545
Opinion Issued Oct 17, 2008
Judge Hon. Jacqueline P. Cox
View and download the opinion in PDF format here
Technorati tags: bankruptcy, opinions, case-update, 7th cir, bankruptcy court, northern district, illinois, eastern division, judge cox
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Categories: ED · IL · bankruptcy · ch 13 · ch 7 · chapter 7 · cir 7 · consumer · cox · current-events · data · judge
case updates – hometown, cir 3, cir 8
July 24, 2008 · Leave a Comment
3rd cir
Windt v. Qwest Communications, 06-4662, 06-4808 [June 10, 2008]
In a lawsuit brought by bankruptcy trustees of a Dutch company asserting various claims against defendants who were allegedly responsible for the company’s insolvency, judgment dismissing trustee-plaintiff’s complaint on forum non-conveniens grounds is affirmed where the district court did not abuse its discretion in: 1) affording low deference to plaintiffs’ choice of forum in view of Netherlands’ substantial interest in resolving a dispute concerning alleged mismanagement of a Dutch company by board members and officers of that Dutch company; 2) concluding that avoiding problems in the application of foreign law favored dismissal; 3) balancing the public and private interest factors implicated in the case; and 4) determining that the convenience of litigating the dispute in New Jersey was outweighed by the oppressive or vexatious effect on defendants.
8th cir
US v. Mitchell, 07-3136 [June 10, 2008]
Conviction upon defendant’s retrial for knowingly and fraudulently making a false statement under penalty of perjury in a bankruptcy case is affirmed where the circuit court declines to revisit a double jeopardy issue, and there was sufficient evidence to sustain his conviction.
ND IL ED
In re Weadley, 06-1854
Bibby Financial v. Weadley, 07-683
Issued June 11, 2008
Judge A. Benjamin Goldgar
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