BK Blog sponsored by:
View Article  Firms Muscling Up on Bankruptcy
Blog sponsored by Bankrupt-Law.com



Lynne Marek
The National Law Journal

Despite what's expected to be a 12-year low in bankruptcy filings this
year, major U.S. law firms are starting to beef up their ranks of
restructuring attorneys in anticipation of heavier caseloads next year.

Restructuring preparation with some companies behind the scenes is
already picking up, some bankruptcy attorneys said, declining to
identify any. Companies in the automotive, telecommunications, retail
and health care industries are most likely to encounter trouble, ...   more »
View Article  Bankruptcy Reform Gave Creditors Too Much
Blog sponsored by Bankrupt-Law.com


Michelle J. White, Special to washingtonpost.com's Think Tank Town,
washingtonpost.com


Last fall, following years of intense lobbying by the credit card companies,
Congress passed the "Bankruptcy Abuse Prevention and Consumer Protection Act
of 2005" (BAPCPA). While U.S. bankruptcy law was very debtor-friendly prior
to BAPCPA, it has become much more pro-creditor today.


Last fall, following years of intense lobbying by the credit card companies,
Congress passed the "Bankruptcy Abuse Prevention and Consumer Protection Act
of 2005" ...   more »