Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

In a recent decision in In re Taing, the U.S. Bankruptcy Court for the District of Massachusetts held that a mortgagee holds a claim that could be modified by a Chapter 11 plan even if the debtor was ...

Some liens are bad, some are not. Here’s how to tell the difference. David Gorton, CPA, has 5+ years of professional experience in accounting. He teaches accounting, helping promote financial ...

A debtor or borrower is a person or organization that borrows money from a financial institution, usually tied to a loan or credit card. The Fair Debt Collection Practices Act protects debtors from ...

When individual debtor Larry Addington filed for bankruptcy, he owned a 36% membership interest in a limited liability company called Ultra Energy Resources, LLC (Ultra). In turn, Ultra owned a 100% ...

Even minor debtor name mistakes can create meaningful UCC filing risk. Case sensitivity in the debtor name is generally not ...

In 2002, the U.S. Securities & Exchange Commission (SEC) was awarded a Final Judgment against Keith Greenberg in the amount of $5.9 million. According to the SEC's press release: Greenberg was a ...

Kirkland & Ellis topped a recent ranking of debtor retentions in large 2025 bankruptcies. Partner Joshua Sussberg was also the country's busiest Big Law partner by debtor count with nine retentions in ...

Under Delaware law, when a limited liability company files a certificate of cancellation with the Delaware secretary of state, it ceases to exist.

In 2011, Robin Sanders was driving home when she saw the blue and red lights flashing behind her. She knew she had not fixed her muffler, and believed that was why she was being pulled over. She ...

Without memory, there is no debt. Put another way: Without story, there is no debt. The story of debt reached a historic moment this week. An outsized bubble of interlocking debt burst, leading to the ...

Although the Bankruptcy Act provides some benefits to the stakeholders, the Act suffers from several loopholes. For example, the Act failed to address corporate body and cross-border bankruptcy issues ...