Latest Bankruptcy Attorney News

Garlock Has No One but Itself to Blame for Bankruptcy, Says Attorney for
CHARLOTTE, N.C., Nov. 3, 2014 /PRNewswire/ — In response to the unsealing of documents in the bankruptcy of Garlock Sealing Technologies, the lead attorney for one of the law firms representing asbestos plaintiffs says the unsealed documents will show …
Read more on PR Newswire (press release)

EXCLUSIVE: R&B singer Ginuwine on verge of bankruptcy, can't 'Pony' up
He's "Ginuwinely" broke. One of the biggest R&B artists of the late 1990s and early 2000s is on the verge of bankruptcy, his lawyer admitted. The news of the downfall came during a pretrial hearing pitting Ginuwine — real name Elgin Baylor Lumpkin …
Read more on New York Daily News

Rent-Stabilized Leases Shielded in Bankruptcy
In a 5-to-2 vote, the Court of Appeals said that a rent-stabilized lease was exempted from a bankruptcy estate as a public assistance benefit, just like disability or unemployment benefits. Bankruptcy lawyers in New York who were closely monitoring the …
Read more on New York Times

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