The VLW Blog

Virginia’s Eastern District Bankruptcy Court should convert its temporary judgeship to a permanent slot, according to testimony this week before a House subcommittee.
The Eastern District would have six permanent bankruptcy judgeships if Congress approves conversion of a temporary judgeship set to expire in 2011, according to Judge Barbara Lynn, chair of the Judicial Conference [...]

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U.S. Bankruptcy Judge Kevin Huennekens agreed to dismiss the case involving The Greenbrier resort, leaving it to new owner Jim Justice to steer the hotel out of debt.
According to the Charleston Gazette, Justice vowed to pay the resort’s creditors in full immediately from a $17 million escrow fund.
Now, Justice can focus on restoring the five-star [...]

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Michael Vick’s lawyers return to bankruptcy court today with their revised financial disclosure statement. Last month, U.S. Bankruptcy Judge Frank Santoro ruled the first disclosure statement insufficient and ordered a new one.
The court will also consider issues related to the sale of some of Vick’s cars, his boats and his house in Georgia, reports the [...]

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Debtors’ lawyers left hanging by the “hanging paragraph” controversy for car buyers don’t have to hang around any more. And creditors don’t have to hang back.
Yesterday, the 4th U.S. Circuit Court of Appeals said that when a Chapter 13 debtor owes money for a car and surrenders the vehicle, but its sale nets less than [...]

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Frank J. Santoro has been named a bankruptcy judge for the Eastern District of Virginia in Norfolk, to replace David H. Adams who will retire Jan. 2, 2008, upon the completion of his term of appointment.
Santoro (right) is expected to take the bench in March 2008, according to a press release from the Bankruptcy [...]

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