by Devin Sawdayi | Aug 24, 2018
Federal prosecutors filed bankruptcy fraud charges against a reality television star in October 2015, alleging that she attempted to conceal income from the court during a bankruptcy proceeding. United States v. Miller, No. 2:15-cr-00212, indictment (M.D. Pa., Oct.... by Devin Sawdayi | Apr 18, 2016
The coach for one of the world’s most well-known mixed martial arts (MMA) fighters filed a voluntary petition for Chapter 7 bankruptcy during the summer of 2015. In re Tarverdyan, No. 2:15-bk-21909, petition (C.D. Cal., Jul. 29, 2015). The case has experienced... by Devin Sawdayi | Apr 11, 2016
A bankruptcy judge recently denied a debtor’s request to convert his case from Chapter 11 to Chapter 7, finding that he had not acted in accordance with his fiduciary duties throughout the case. Most individual debtors do not find Chapter 11 to be helpful. It is much... by Devin Sawdayi | Nov 18, 2015
50 Cent, the well-known rapper, producer, actor, and entrepreneur, filed a bankruptcy petition in July 2015, claiming nearly $25 million in assets and about $32 million in debt. At that time, he was involved in a civil lawsuit in New York that was about to go to... by Devin Sawdayi | May 18, 2015
The story of a film producer who finds himself in a range of financial difficulties after poor performance at the box office is not unique to Los Angeles, but Hollywood probably gives this region more examples of this tale than most cities. One producer’s story,... by Devin Sawdayi | Aug 10, 2014
In order to pursue a bankruptcy case, a debtor must have the legal capacity to understand the contents and meaning of the bankruptcy petition at the time of filing. The same general rules that govern a person’s capacity to enter into a contract apply in bankruptcy...