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Bankrupcy News.
U.S. Government Seizes Fannie Mae, Freddie Mac
Treasury Secretary Henry Paulson announced plans yesterday for the United States to take control of troubled mortgage giants Fannie Mae and Freddie Mac and replace the companies' chief executives...Read More

Judge Approves Bankruptcy Filing for California City
Bankruptcy Judge Michael McManus ruled Friday that the city of Vallejo, Calif., could push forward with its bankruptcy case, rejecting a legal challenge by police and firefighters unions...Read More

Silver State Bank Shut Down
State and federal regulators on Friday shut down Silver State Bank, the latest in a series of bank failures...Read More

Auto Executives Set to Lobby for Government Aid
Top auto executives will launch a lobbying push this week for billions in government loans to help beleaguered auto makers and their suppliers...Read More

Boscov's $250 Million DIP Financing Approved
Bankrupt department store chain Boscov's Inc. received final approval of a $250 million debtor-in-possession loan (DIP) that the company says will allow it to continue its operations into the holiday sales season...Read More
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Upcoming Events.

Bankruptcy 2008: Views from the Bench
September 12, 2008
Washington, D.C.

Midwestern Bankruptcy Institute & Consumer Forum
Kansas City, Missouri
October 3, 2008

Chicago Consumer Bankruptcy Conference
Chicago, Illinois
October 13, 2008

International Insolvency Symposium
Frankfurt, Germany
October 31, 2008

Delaware Views from the Bench and Bar
Wilmington, Delaware
November 3, 2008

Detroit Consumer Bankruptcy Conference
Troy, Michigan
November 11, 2008

Winter Leadership Conference
Tucson, Arizona
December 4-6, 2008


Upcoming Events.

110th Congress

S. 3287, To amend the Truth in Lending Act to establish a national usury rate for consumer credit transactions.
 
S. 3259, To amend title 11, United States Code, with respect to the priority of certain high cost credit debts.
 
P.L. 110-262, To designate the United States bankruptcy courthouse located at 271 Cadman Plaza East in Brooklyn, New -ork, as the `Conrad B. Duberstein United States Bankruptcy Courthouse'
 
H.R. 3010, To amend chapter 1 of title 9 of United States Code with respect to arbitration.
 
H.R. 4044, To amend the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 to exempt from the means test in bankruptcy cases, for a limited period, qualifying reserve-component members who, after September 11, 2001, are called to active duty or to perform a homeland defense activity for not less than 60 days.
 
H.R. 5830, To create a voluntary FHA program that provides mortgage refinancing assistance to allow families to stay in their homes, protect neighborhoods, and help stabilize the housing market.
 
H.R. 5679, To amend the Real Estate Settlement Procedures Act of 1974 to require mortgagees for mortgages in default to engage in reasonable loss mitigation activities.
 
H.R. 3221, A bill to provide needed housing reform and for other purposes. (Senate housing stimulus package).
 



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