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Bankrupcy News.
Deal Is Closer for a U.S. Plan on Mortgage Relief
With a deadline looming today for state officials to sign onto a landmark multibillion-dollar settlement to address foreclosure abuses, the Obama administration is close to winning support from a crucial state that would significantly expand the breadth of the dealRead More

Holdco Looks to Reorganize AmericanWest
Holdco Advisors LP wants to reorganize former bank holding company AmericanWest Bancorp. through a competing chapter 11 planRead More

JPMorgan, BofA Sued by New York Over Use of Mortgage Database
JPMorgan Chase & Co., Bank of America Corp. and Wells Fargo & Co. were sued by New York Attorney General Eric Schneiderman over the use of a mortgage database that the state said led to improper foreclosuresRead More

BNY Mellon Sues Alabama's Bankrupt Jefferson County Over Sewer Revenue
Bank of New York Mellon Corp., as trustee for $3.6 billion of sewer warrants, sued bankrupt Jefferson County, Alabama, claiming it's entitled to all of the county's system revenueRead More

Goldman Sachs Mortgage-Backed Securities Suit Granted Class-Action Status
U.S. District Judge Harold Baer Jr. ruled on Friday that a suit against Goldman Sachs Group Inc. may go forward as a class action on behalf of all investors in a $698 million mortgage-backed securities offeringRead More

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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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