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Bankruptcy haven (access required)

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Good judges, good law­yers and a well-oiled legal system are prov­ing to be an attractive combination at the U.S. Bankrupt­cy Court in Richmond. Struggling corporations seeking sanc­tuary from creditors are coming to Rich­mond in greater numbers these days, passing by ...

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Lawyer could not sue bankruptcy counsel (access required)

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A patent attorney who was unhappy with his bankruptcy lawyer’s performance cannot sue the lawyer because his malpractice claim belongs to the bankruptcy estate, an Alexandria federal judge said on April 14. Embroiled in litigation from a failed venture with ...

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Unsecured Creditor’s Post-Confirmation Claims Rejected (access required)

The 4th Circuit upholds a bankruptcy court’s rejection of an unsecured creditor’s claims in two Chapter 13 proceedings that were filed after entry of the court’s confirmation orders; we hold that debtors’ objections to the unsecured creditor’s proofs of claim ...

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