Bankruptcy

Special trustee may exercise the power to adjust for year preceding appointment
The beneficiary-trustee obtained the appointment of a special trustee whose sole responsibility was to decide on the propriety of the use of the power to adjust under Nevada?s version of the Uniform Principal and Income Act...

6th Circuit Orders Turnover of Tax Refund
The Bankruptcy Appellate Panel in the 6th Circuit affirmed an Ohio Bankruptcy Court order requiring the debtors to turn over their tax refunds to the chapter 7 trustee...

Ind. Decisions - Another Supreme Court opinion posted today
Debra A. Barnett v. Camille Clark, Trustee of Pleasant Township - "The deputy trustee's injurious acts did not fall within the scope of his employment for the defendant Trustee, and thus the Trustee is not vicariously liable under the doctrine...

ND Ga - Compensation For Chapter 11 Counsel After Appointment of Chapter 11 Trustee And Then Conversion Of Case To Chapter 7
Two recent opinions from the Northern District  (in the same Bankruptcy case) concern debtor's counsel's right to attorneys fees where, first, a Chapter 11 Trustee is appointed and then the case is converted from a Chapter 11 to a Chapter 7:In re Patterson,  Case No...

A "High Bar" in Bankruptcy Legal Malpractice
In this Bankruptcy-Legal Malpractice Case In re Monahan Ford Corp. of Flushing, Debtor...

A deed designating the trust as the grantee is sufficient to pass legal title to the trustee
Prior state law provided that a deed that simply added the words ?trustee? or ?as trustee? to the name of the grantee conveyed to the grantee a fee simple estate unless the contrary intention appeared on the face of the...

How to Stop Home Foreclosure
Bankruptcy can Stop Foreclosure

I had an account with GEMB/Select Comfort to buy a new bed back in 2005. After paying it off (in 2006), I requested they close the account. In January of 2008, I declared bankruptcy (chapter 7). The creditor was NOT list
if you did pay it off before the bankruptcy and it wasn't listed as a accou...

Once a storage company takes possession of a stored asset and attempts to sell it to satisfy delinquent storage fees, can they continue to charge for storage?
what we found out is that the guy held onto the car since 99 and now wants all s...

Is it illegal for an 18 year old guy in california to date an 14 year old girl from arizona?
The ages of consent in Arizona and even California are 18 years of age. Yes, it ...

How do I sue a lawyer who is now a district attorney that most lawyers fear upsetting?
I would first recommend reporting the involved attorney to your State Bar Associ...

What are the differences in the jurisdictions of State and Federal Courts?
U.S. Supreme Court cases must be followed by all courts nationwide. State Suprem...

Lehman Brothers
Bankrupt, Files Chapter 11

Middle Eastern Discrimination
Cruise lines to pay $485,000 settlement in employment lawsuit.

Exotic Meats USA
Announces Urgent Statewide Recall of Elk Tenderloin

AIG
and Ex Execs to pay $115 Million to Teachers Retirement System of Louisiana

Louisiana Citizen's Insurance
Settles Class Action for $35 Million

Louisiana, USA
allegedly providing inadequate medical care for low income residents.