Articles in Channel: Bankruptcy

International Lawyers Commenting on Netherlands as Settlement Forum for Global Securities Claims Against Chinese Entities: Is this Global Forum Shopping ?

September 09, 2010 14:29

Having more or less won the so-called f-cubed securities cases to limit US jurisdiction on securities claims, defendants in securities claims now have to deal with the consequences of their "wins." One consequence is that they face  issues on where and how to obtain global...

The Global Costs of Cancer - Think $1.5 Trillion, or More, Every Year; The Litigation Industry Will Not Miss the Significance of the Numbers

September 07, 2010 12:28

The players in the the litigation industry inevitably pay attention to large numbers. In that vein, and in the broader social sense, consider the annual global cost of cancer.   According to an August 2010 study from the American Cancer Society, cancer...

Science, the Journal, and the Profession, Once Again Indict Tobacco Smoke for Lung Diseases

September 05, 2010 13:41

Science long ago indicted  tobacco smoke for causing multiple diseases.  But scientist could not explain exactly how the harms were caused. Today, there are increasing insights into the cellular mechanisms at work.  This September 2, 2010  article from...

Asbestos Awareness In Ghana

September 04, 2010 17:13

Here is an article from All Africa regarding asbestos cement risks in Ghana, and some very modest government action.

State Law Applied to Determine Successor Liability Rule for Enforcement of Judgement Against Korean Entities

September 03, 2010 14:40

Companies sued in other nations sometimes allow the entry of default judgments, apparently sometimes concluding that successor entities will be able to avoid enforcement of a judgment. That strategy may not always work, at least in the US, as is illustrated by this NLJ article by Sheri...

Unintended Consequences Redux

September 02, 2010 21:00

I know I return to this theme a lot in this column, but the Unintended Consequences Watch needs to be manned day and night. Today let’s talk about 17g-5. This esoteric sounding SEC rule is intended to diminish the perceived failings of the rating agency culture which has been fingered as one...

More Bad News for James Hardie and Its Asbestos Compensation Fund

September 02, 2010 14:26

Managing legacy liabilities is never easy. For some, it can be a nightmare. Thus, James Hardie and its asbestos compensation fund took yet another hit yesterday through the loss of a tax appeal.  The loss is  described here in mass media in Australia. The mass media is...

Is The United States Bankrupt? The Dellutri Law Group Offers A Free Consultation.

September 02, 2010 12:49

Is the United States Bankrupt? Yea probably, but it doesn't seem to know it just yet. We are running deficits every year with no end in sight, and the national debt continues to escalate. Normal people would have pulled their hair out by now. Normal people would have said enough is enough. ...

August Bankruptcy Filings Down 8% From July But Still On Record Pace

September 02, 2010 11:56

Historically, August bankruptcy filings are usually less than July. This July we saw an 8% drop in consumer bankruptcy filings across the nation. This statistic does not mean that we are in a recovery, and please don't assume anything than it is just a number. Overall, across the United States,...

Mark Brunnell Answers Questions About His Bankruptcy

September 02, 2010 11:24

Mark Brunnell is a debtor in a Chapter 11 bankruptcy. I don't mean that in a derogatory way. I mean that he is in the process of using the bankruptcy laws and rules to reorganize his sizeable debts. He made a name for himself as a professional football player. Now, as a sign that no-one is...