Scott Storch, Producer and One-Time Millionaire, Files for Bankruptcy – Newsmax

NewsmaxScott Storch, Producer and One-Time Millionaire, Files for BankruptcyNewsmax… And filed Chapter 13 bankruptcy around the time he checked into rehab. He lost the mansion — once featured on MTV's "Cribs" — in the process. In 2013, Storch blamed his downfall on "women and drugs," and in an interview a year later he explained, …and more »

Mortgagees beware: District Court affirms Momentive below market cramdown … – Lexology (registration)

Mortgagees beware: District Court affirms Momentive below market cramdown …Lexology (registration)1997), which both analyzed the proper interest rate to apply to replacement notes distributed to secured creditors under Chapter 13 of the Bankruptcy Code – which contains a substantially similar cramdown provision to Chapter 11. … In the District …and more »

Bankruptcy Code—disposition of funds held by Chapter 13 trustee after … – Lexology (registration)

Bankruptcy Code—disposition of funds held by Chapter 13 trustee after …Lexology (registration)Chapter 13 of the Bankruptcy Code allows debtors to keep certain assets (such as their home and car) and to repay their creditors in installments by turning over to a trustee a portion of the wages that they earn after filing their bankruptcy petition …The Supremes Tell the Eleventh Circuit: No Lien StrippingJD Supra (press release)all 7 news articles »

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