Bankruptcy

Read Administrative Law updates, alerts, news, and legal analysis from leading lawyers and law firms:

News & Analysis as of May 22, 2013

What the Local Government Center’s Reorganization Means to Communities (And Taxpayers)

by Bernstein Shur on 12/13/2012

This New Hampshire Public Radio Broadcast features Bernstein Shur Attorney Andru Volinsky. The on-going fight between the state of New Hampshire and one of the nation’s largest insurance risk pool managers is an...more

IRS Warns That Financial Restructurings Can Jeopardize Tax-Exemption of Bonds

by Mintz Levin - Public Finance on 6/12/2012

The IRS is planning on sending out letters (“Letters”) over the next few months to several hundred issuers who have experienced covenant or payment defaults from 2007 to the present. The Letters remind issuers of their tax...more

Jefferson County: The Bankruptcy Court Always Wins

by Cadwalader, Wickersham & Taft LLP on 1/19/2012

In re Jefferson Country, Alabama, Case No. 11-05736 (TBB) (Bankr. N.D. Ala. Jan. 6, 2012). On January 6, 2012, Judge Thomas B. Bennett of the Bankruptcy Court for the Northern District of Alabama held that (i) the...more

Jefferson County Sewer Bonds Under IRS Investigation

by Darrin Mish, Tampa Tax Attorney on 6/14/2011

The IRS has opened investigations into Jefferson County’s sewer bonds that enjoy a tax-exempt status because they have almost landed the county into bankruptcy. The IRS has asked for information on the sewer bond sales of...more

IRS Denies 501(c)(3) Status to Bankruptcy Counseling Agency

by Venable LLP on 5/16/2011

On April 29, 2011, the Internal Revenue Service (“IRS”) issued Private Letter Ruling (“PLR”) 201117036 denying a nonprofit credit counseling agency (“CCA”) tax-exempt status under Section 501(c)(3) of the Internal Revenue...more

Whither MERS?

by Manatt, Phelps & Phillips, LLP on 2/21/2011

In the zeal to stall lenders’ efforts to foreclose on woefully delinquent mortgages, the plaintiff bar has put forward a variety of theories. Some of the more interesting theories involve the relationship between the...more

International Legal News Volume 4 Issue 1 - January 12, 2007

by International Lawyers Network on 1/12/2007

In this Issue: *DISCOVERY VS. PRIVACY: WHEN LAWS IMPLEMENTING THE E.U. DIRECTIVE ON DATA PROTECTION CONFLICT WITH U.S. DISCOVERY RULES Beirne, Maynard & Parsons, L.L.P., Texas by David. E. Sharp *THE NEW CZECH LABOUR CODE...more

Bullet"iln" Volume 3 Issue 4 - December 29, 2004

by International Lawyers Network on 12/29/2004

In this Issue: *2004 Regional Meeting of the Americas La Jolla, California *Abe & Matsutome Abe & Matsutome, Tokyo *New Bankruptcy Act in Spain BROSA Abogados y Economistas, Barcelona by Mª Elisa Escolà *Advantages...more