One of the most interesting and talked about creditor-debtor — and thus asset protection — cases in recent years was the one which was the subject of my article Lawyer, Law Firm And Bank Exposed To ...

Daniel Guyder, a partner with Allen & Overy, and John Kibler, senior counsel at the firm, review a recent decision that raised numerous significant issues regarding fraudulent conveyance law and ...

A fraudulent transfer is an attempt to avoid a debt by improperly transferring assets to a third party, or a transfer of assets for less than fair value made while the company is insolvent or will ...

In Momentum, the Debtor hired DCA Drilling & Construction (DCA) in 2010 to work on 200 acres of property that the Debtor owned. In 2012, the Debtor transferred the land to Pyramid Center Inc.

WASHINGTON (CN) — The Supreme Court plugged a bankruptcy loophole Wednesday and blocked a trustee from recovering tax payments for employees who worked without full pay at a Utah-based transportation ...

August 26, 2024 - It's 1979, and Jerry Buss (John C. Reilly) bought the Lakers. His financing loan from Great Western Bank is due tomorrow. But he has other ideas, opens new tab. (4) threaten ...

September 21, 2023 - The 2nd U.S. Circuit Court of Appeals decided In re TransCare Corp., No. 21-2547; 21-2576, affirming rulings from the United States District and Bankruptcy Courts for the Southern ...

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The Ninth Circuit, reversing the Tax Court and remanding with instructions to enter judgment in favor of the IRS, found that former shareholders of a liquidated broadcasting company were liable as ...

We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...

John E. Sullivan III is a founding member of the law firm of Sullivan & Sullivan, Ltd. Mr. Sullivan represents debtors, creditors, and other interested parties in collections, bankruptcy and asset ...