Posts Tagged ‘Chapter 11’


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An introduction to bankruptcy law by an experienced bankruptcy attorney, giving a basic overview of Chapter 7, Chapter 13, and Chapter 11 Bankruptcy

Duration : 0:7:48

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In U.S. v. Apex Oil, a three-judge panel of the Seventh Circuit ruled 3-0 that EPAs cleanup injunction against the corporate successor to a chemical company was not discharged in Chapter 11 because the injunction does not create a right to payment and, consequently, is not a debt under the Bankruptcy Code. In essence, Apex had argued that the injunction would require the company to incur costs upward of $150 million and that the purpose of the restructuring would be defeated if these costs had to be incurred. Judge Posners opinion turns on the fact that the order required cleanup and was not a substitute for payment; consequently, liability under the order was not a “debt” recognized by the Bankruptcy Code. The court recognized but disavowed a contrary ruling of the Sixth Circuit, thereby setting up a split between the circuits on this important issue.

Duration : 0:5:19

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What do you need to know about bankruptcy in today’s economy?
Attorney Martin L. Fried of Southfield, Michigan’s Goldstein Bershad and Fried, PC speaks with Attorney Burt S. Kassab on MBN TV.
Topics addressed include: kinds of bankruptcies, chapter 7, exempt assets, joint debt, chapter 13, chapter 11, benefits of bankruptcies, how to handle foreclosures, debt management, and fair debt collection practices.

Duration : 0:7:3

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Maryland Bankruptcy Attorney Brett Weiss talks about the six chapters of bankruptcy, and which one might make sense for you. For more information, go to BankruptcyLawMaryland.com.

Duration : 0:2:57

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http://bit.ly/cFdah7 763 587 3785 Arbonne International filed for chapter 11 Bankruptcy protection in January 2010. Hopefully they will be able to emerge from the reorganization so that the thousands of loyal MLM representatives that have built businesses with them will be able to continue pursuing their hopes and dreams.

Duration : 0:1:12

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