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 »
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Tuesday, August 22
by
BK Blogger
on Tue 22 Aug 2006 07:14 AM PDT
by
BK Blogger
on Tue 22 Aug 2006 07:13 AM PDT
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 » |
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