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Bankrupcy News.
Analysis: CEO Bonuses Continue to Flow for Distressed Firms
Some corporations over the past few years have found perfectly legal ways to escape federal scrutiny of CEO bonus pay during bankruptcy cases, the Wall Street Journal reported today… Read More

Carried Interest to be Addressed in Broad Tax Bill
Top Senate Democrats said that they will pursue broad tax reform this year that will address issues such as carried interest earned by managers of private equity and other funds rather than taking on individual issues in standalone bills… Read More

Arizona AG Says Bank of America Settlements Impede Fraud Probe
The Arizona Attorney General's office says that Bank of America Corp. is impeding an investigation of its loan modification practices by negotiating settlements with borrowers who must agree to keep them secret and not criticize the bank in exchange for cash payments and loan relief… Read More

Ener1, Electric-Car Battery Maker, Seeks Chapter 11 Protection
Ener1 Inc., which received a $118 million U.S. Energy Department grant to make electric-car batteries, filed for chapter 11 protection yesterday after defaulting on bond debt amid heavy competition from Asia… Read More

Class-Action Lawsuit Targets Private Equity Industry
A class-action antitrust lawsuit against private equity's most powerful players alleges that the firms colluded to drive down the prices paid in some of the most ambitious buyouts in corporate history… Read More

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What new
Upcoming Events.
S. 1821, the "Temporary Bankruptcy Judgeships Extension Act of 2011."
 
H.R. 2533, the "Chapter 11 Bankruptcy Venue Reform Act of 2011."
 
H.R. 2192, the "National Guard and Reservist Debt Relief Extension Act of 2011."
 
S. 1835, the "United States Covered Bond Act."
 
S. 1102, the "Fairness for Struggling Students Act of 2011."
 
H.R. 2667, the "Chapter 7 Bankruptcy Administration Improvement Act of 2011."
 
S. 1054,  the "Fighting Fraud in Bankruptcy Act of 2011."
 
S. 824, the "Foreclosure Fraud and Homeowner Abuse Prevention Act of 2011."
 
H.R. 2713, the "Limiting Investor and Homeowner Loss in Foreclosure Act of 2011."
 
H.R. 1021, the "Temporary Bankruptcy Judgeships Extension Act of 2011."
 
 

















 

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