Recent Updates
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GM to ask bankruptcy court for lawsuit protection
Bankruptcy Law 04/09/2014General Motors revealed in court filings late Tuesday that it will soon ask a federal bankruptcy judge to shield the company from legal claims for conduct that occurred before its 2009 bankruptcy. The automaker's strategy is in a motion filed in a Co...
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'Octomom' bankruptcy case thrown out of court
Bankruptcy Law 09/09/2013A judge threw out "Octomom" Nadya Suleman's bankruptcy claim Tuesday after she failed to file the proper paperwork to show she can't pay as much as $1 million in debt. That means creditors can move to collect what they say they're owed, and a pending...
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Court rejects bid to put Blixseth into bankruptcy
Bankruptcy Law 09/09/2013For the second time, a federal judge has turned back an attempt by Montana authorities to force former billionaire Tim Blixseth into bankruptcy to recover $57 million in alleged back taxes. U.S. Bankruptcy Judge Bruce Markell in Las Vegas dismissed t...