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Financial Institution Bankruptcy Act of 2017 - Big Changes for Big Banks

USA - April 17 2017 When the real estate market and financial markets tumbled during 2007-2008, the fallout was felt by financial institutions from large multi-billion…

“Money for Nothing, but the Checks for Free” - Free Money for Fiduciaries

USA - September 19 2016 Often, when businesses fail, they end up either in bankruptcy court as a chapter 7 debtor or in a state court liquidation proceeding such as an…

Ashley Dillman Bruce

Approval of Bankruptcy Settlements - No Evidentiary Hearing Required

USA - February 16 2016 When seeking approval of a settlement in a bankruptcy case, the usual vehicle for approval is the filing of a motion pursuant to Bankruptcy Rule 9019…

Paul A. Avron

“In full satisfaction:” how three words can make all the difference in the release of a non-debtor guarantor

USA - October 9 2014 As many areas continue to rebound slightly from the real-estate downturn, much litigation still exists related to the exposure of guarantors for…