What was once simple . . . update on proofs of claim and tricks of the trade *

USA - May 25 2012
The rules applying to the filing of proofs of claim were overhauled substantially in 2011 and require parties filing proofs of claim in bankruptcy proceedings to take heed, especially where the debtor is a natural person (an individual).

What is the ordinary course of business defense? Exploring this common defense to preference cases *

USA - May 25 2012
As many creditors have experienced firsthand, the bankruptcy code allows a debtor, trustee or other estate representative to recover certain payments made within 90 days of the date a bankruptcy case was filed.

Burned by guaranty of incinerator bond debt, the city of Harrisburg, Pennsylvania files Chapter 9 bankruptcy petition *

USA - October 13 2011
The City of Harrisburg, Pennsylvania—the state's capital—filed for bankruptcy under Chapter 9 of the United States Bankruptcy Code on Wednesday October 12, 2011, indicating that it owed fewer than 50 creditors more than $545 million.

Surviving the aircraft financial pandemic *

USA - July 28 2009
There are signs of hope in the aviation marketplace, with the slow return of financing and the apparent bottoming-out of aircraft values.

Co-authors: Gary I. Horowitz, Gregory P. Cirillo.