A divided panel of the 7th Circuit Court of Appeals has allowed an Indiana business owner to seek to discharge back pay debt in bankruptcy proceedings, rejecting the National Labor Relations Board’s argument that the debt was not dischargeable because the employees to whom the back pay was owed were “maliciously” fired.
Hiring of litigation firm Robins Kaplan indicates claims may be filed against the school’s leaders.
Hiring of litigation firm Robins Kaplan indicates claims may be filed against the school’s leaders.
The Chapter 7 bankruptcy trustee for ITT Educational Services has hired “the most feared” litigators in the nation to help with investigating and prosecuting claims against the former directors and officers of the for-profit school.
The student records are only one aspect of this bankruptcy. There are employee records, pension benefits, 401(k) retirement funds plus lawsuits previously filed by federal agencies and some states’ attorneys general.
A man will have his medical malpractice complaint heard after the Indiana Court of Appeals reversed a trial court’s decision to dismiss it.
Bankruptcy attorney Mark S. Zuckerberg recently described the current state of his practice: “Nobody’s coming into my office; nobody’s calling me; nobody’s paying me.” His loneliness can be tied to the drop in bankruptcy filings. In 2015, petitions nationally fell to 860,182, an 11 percent decline from 2014 and the lowest number of filings since 2007.
Reversing her decision from a month ago, a federal trustee has determined that former East Chicago Mayor Robert Pastrick’s income is not too high to qualify for Chapter 7 bankruptcy and his filing should not be considered to be an abuse of the process.
Former East Chicago Mayor Robert Pastrick has filed for bankruptcy, putting on hold the state’s attempt to seize his property to help pay off the $108 million he owes from a civil racketeering default judgment against him.