New Chapter 7 Bankruptcy Law

Bankruptcy Chapter 7 | Baca Law Offices

Madoff ruling bodes ill for victims – Worcester Telegram

Madoff ruling bodes ill for victimsWorcester TelegramSack said the injuries to the feeder-fund customers are based on the mangers' misrepresentations and violations of securities laws, not on Madoff's fraud. Consequently, Sack said, the suits … Madoff individually went into an involuntary Chapter 7 …and more »

EFH tells judge it may scrap or modify its bankruptcy plan (Biz Journal)

Energy Future Holding Corp., the troubled Dallas-based energy company, may jettison a reorganization plan that it negotiated before filing for Chapter 11 bankruptcy protection unless it can reach new terms with creditors, Bloomberg reported Friday. EFH may have to amend or throw out the deal, Edward Sassower, a lawyer for the company, said during a hearing Friday in a U.S. Bankruptcy Court hearing, Bloomberg reported. Energy Future had a deal in place with senior lenders before filing for bankruptcy…

Do's & Don'ts In Bankruptcy – Busby & Associates – Houston …