Wal-Mart, other retailers fight for right to seek Hanjin claims

Category: Bankruptcy Law
Published: Wednesday, 30 November 2016
The opponents to the plan, known as common benefits claimants, argue that under South Korean bankruptcy law their claims are not part of the bankruptcy proceeding, because the claims concern debts accrued by the carrier after it filed for bankruptcy.

D&O Insurer Off The Hook In Capitol Bancorp Suit: 6th Circ.

Category: Bankruptcy Law
Published: Tuesday, 27 June 2017
Circuit Judge Bernice Donald dissented, arguing that the decision went against some of the fundamental principles of bankruptcy law and would discourage companies from debtor-in-possession plans, instead sending them down the more expensive and ...

RBI, Banks And NPAs - First, Reform India's Bankruptcy Code, Then Force Defaulters Into It

Category: Bankruptcy Law
Published: Monday, 26 June 2017
We've now a bankruptcy law that allows for the dissolution of a company that cannot meet its debts. And we've also got the RBI, from the other side, insisting that the banks force through a resolution of those who are not paying their debts.

IRS Ignores Appeals Court Decision; Continues Paying "Child Tax Credits" to Illegal Aliens

Category: Bankruptcy Law
Published: Sunday, 25 June 2017
In any event, those decisions now have little bearing on the question at hand because the U.S. Court of Appeals for the Eight Circuit subsequently decided that, for purposes of bankruptcy law, the refundable child care credit is a "public assistance ...