Justices debate creditor collusion, role of settlements in bankruptcy cases

Dec 9, 2016 By: Donna Higgins

Attorneys for a trucking company and its former drivers who were left out of a deal that resolved the firm’s bankruptcy case squared off Dec. 7 before the justices of the U.S. Supreme Court, who asked about the role of settlements in bankruptcy cases and the threat of collusion among creditors.

Brother of punk band’s co-founder can discharge defamation judgment

Nov 4, 2016 By: Donna Higgins

The brother of the deceased co-founder of a 1990s punk group can discharge a defamation judgment against him stemming from a message posted on MySpace about an attorney’s handling of his brother’s probate estate, a Pennsylvania bankruptcy judge has ruled.

Chapter 7 debtor ‘grossly overpaid’ for huge diamond, court finds

Oct 14, 2016 By: Donna Higgins

Diamonds may be a girl’s best friend, but for one bankrupt Texas firm a 6.32-carat jewel dubbed the Pink Diamond proved to

Court won’t ground Republic Airways deal with Delta

May 17, 2016 By: Donna Higgins

A settlement between bankrupt Republic Airways Holdings and its marketing partner Delta Air Lines that restructures their business relationship and resolves a