Category Archives: Bankruptcy

Claim Survived Bankruptcy, No Final Judgment 

Posted on August 8, 2022 by Camron Hoorfar

With exceptions inapplicable to the action, appeal is possible only upon final judgment, which is the judgment that resolves all issues as to all parties. That question is for an appellate court to determine without regard to the parties’ or … Continue reading →

Posted in Bankruptcy | Leave a comment

CEO of Reality TV Production Companies Sentenced to One Year in Federal Prison for Defrauding Private Lender Out of $2 Million

Posted on July 30, 2022 by Camron Hoorfar

The CEO of two Hollywood production companies that specialize in reality-television programming was sentenced to 12 months and one day in federal prison for fraudulently obtaining a $2 million business loan using fabricated documents and by misrepresenting his companies’ financial … Continue reading →

Posted in Bankruptcy, General | Leave a comment

Corporate Officer Has a Nondischargeable Debt from the Company’s Fraud

Posted on July 21, 2022 by Camron Hoorfar

Upholding the bankruptcy court and the Bankruptcy Appellate Panel, the Tenth Circuit explained when a corporate officer can be saddled with a nondischargeable debt for causing a corporation to defraud a customer. The debtor provided aircraft sales consultancy services through … Continue reading →

Posted in Bankruptcy, Fraud | Leave a comment

Former Rep. Katie Hill Files for Bankruptcy after Unsuccessful Lawsuit

Posted on July 17, 2022 by Camron Hoorfar

Former Representative Katie Hill (D-California), who owes hundreds of thousands of dollars to media parties she unsuccessfully sued over the publication of indecent photos while she was in office, has filed for bankruptcy. If successful, this could allow Hill to … Continue reading →

Posted in Bankruptcy, General, Lawsuits | Leave a comment

Former Toys ‘R’ Us Executives Face Trial over Botched Bankruptcy

Posted on July 8, 2022 by Camron Hoorfar

Former Toys ‘R’ Us executives are set to stand trial over allegations that they misled suppliers about the retailer’s dismal financial condition while the company struggled to stay afloat in bankruptcy and then stiffed them on over $600 million of … Continue reading →

Posted in Bankruptcy | Leave a comment

Ex-San Antonio Lawyer Accused of Stealing Millions Has ‘Medically Related Issues,’ His Attorney Says

Posted on June 18, 2022 by Camron Hoorfar

Ex-San Antonio attorney Christopher Pettit has been sued for allegedly absconding with his former law clients’ money. He’s landed in bankruptcy and he’s surrendered his law license. Pettit is also dealing with “medically related issues,” his attorney disclosed during the … Continue reading →

Posted in Bankruptcy | Leave a comment

Bankruptcy Didn’t Block Contempt Proceedings in District Court Against a Debtor

Posted on June 9, 2022 by Camron Hoorfar

A chapter 7 petition filed by the contemnor (a party held in contempt of court) did not bar the district court from moving ahead with contempt proceeds against the debtor for disobeying the district court’s prior orders compelling the debtor … Continue reading →

Posted in Bankruptcy, General | Leave a comment

Bankruptcy Filings Continue Steady Drop

Posted on June 3, 2022 by Camron Hoorfar

Bankruptcy filings continued a steep two-year-long fall that coincided with the start of the coronavirus pandemic. Filings fell 16.5 percent for the 12-month period ending March 31, 2022. According to statistics released by the Administrative Office of the U.S. Courts, … Continue reading →

Posted in Bankruptcy, General | Leave a comment

Google’s Russian Subsidiary to File for Bankruptcy

Posted on June 2, 2022 by Camron Hoorfar

Google’s Russian subsidiary is planning to file for bankruptcy. The U.S. tech firm said that Russian authorities had seized the unit’s bank account. Alphabet’s Google has been under pressure in Russia for months as Moscow wanted content it viewed as … Continue reading →

Posted in Bankruptcy, General | Leave a comment

Missouri Trucking Company Files for Bankruptcy After USPS Cuts Back Mail-Hauling Contracts

Posted on May 18, 2022 by Camron Hoorfar

A Missouri-based trucking company that contracted with the US Postal Service to transport mail recently ceased operations and filed for Chapter 7 bankruptcy, according to Freight Waves. Rooney Trucking Inc., a family-owned company based in Polo, MO, filed its petition … Continue reading →

Posted in Bankruptcy, General | Leave a comment