Recent Updates
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Detroit bankruptcy judge opens court to critics
Bankruptcy Law 04/23/2014A judge overseeing Detroit's bankruptcy is getting an earful from retirees who are opposed to the city's plan to get back on its feet. Judge Steven Rhodes is giving dozens of people five minutes each to air their objections Tuesday. He held a similar...
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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...