Articles

Filings for bankruptcy continue to fall

Bankruptcy filings in federal courts continued their downward slide with more than 250,000 fewer cases filed for the year ending March 31, 2018, than were filed during the same period in 2014, according to the Administrative Office of the U.S. Courts.

Read More

U.S. Courts seeks input on restyling bankruptcy rules

With other federal rules having been rewritten over the last several years to make them simpler, more understandable and easier to use, the U.S. Courts Advisory Committee on Bankruptcy Rules is now considering whether to do the same for the federal rules of bankruptcy procedure.

Read More

Andretti Autosport sued over sponsorship money from HHGregg

A group representing the unsecured creditors of HHGregg has filed suit against Andretti Autosport in an attempt to claw back nearly $1.5 million in sponsorship money the now-defunct retailer paid the racing team in the months leading up to its bankruptcy.

Read More

7th Circuit affirms rulings in telecom company bankruptcy

A now-bankrupt telecommunications provider cannot avoid making payments invoiced by its supplier prior to the filing of an involuntary bankruptcy petition because the supplier has a legitimate defense under the “new value” concept in U.S. Bankruptcy Code, the 7th Circuit Court of Appeals has ruled.

Read More

Incomes up, bankruptcy filings down in 2016

Bankruptcy filings in Indiana slipped slightly in 2016 while average monthly income inched higher, mirroring a national trend highlighted in the annual report filed by the Judiciary with the U.S. Congress.

Read More