Rule 9031 of the Federal Rules of Bankruptcy Procedure (the Bankruptcy Rules) prevents all bankruptcy judges, and, if broadly interpreted, any federal judge hearing bankruptcy cases and proceedings, ...

In a decision of first impression, the U.S. Bankruptcy Court for the Northern District of Illinois (the court) imposed ...

When a bankruptcy case is filed, most disputes are addressed through motions and hearings within the main case. However, certain matters demand more formal litigation—complete with a complaint, ...

The U.S. Supreme Court, in a recent decision, ruled that insurers are parties of interest in bankruptcy plans and can object to reorganization plans. The ruling earlier this month in Truck Insurance ...

When you've completed a Chapter 13 bankruptcy repayment plan and earned a discharge, the hope is that your financial troubles are behind you. Life doesn't always unfold that neatly, though, especially ...

Guidance for business entities seeking to liquidate their assets under Chapter 7 of the Bankruptcy Code, including why a financially distressed business may choose liquidation under Chapter 7 rather ...

A month after a weekslong hearing on the motion to dismiss or to convert Merit Street Media’s Chapter 11 bankruptcy, U.S.

The CFP Board is looking to make changes to its procedural rules which would help create a more efficient review process for individuals applying for certification. The professional ...

A federal judge ordered that a bankruptcy proceeding for Dr. Phil McGraw’s Merit Street Media, the TV personality’s failed television network venture, be converted to a Chapter 7 liquidation — saying ...