ATTORNEY

First female bankruptcy judge focused on opportunity, not adversity

First female bankruptcy judge focused on opportunity, not adversity

Expectations didn’t hold Robyn Moberly back from doing what she wanted.

The recently retired bankruptcy judge for the U.S. District Court for the Southern District of Indiana was encouraged to pursue two traditional career paths for women when she entered college in the 1970s.

“I grew up in a different era than today, and most people anticipated that women would become nurses or teachers because it blended so well with having a family. And certainly my parents had that expectation for me, and so they insisted that I major in elementary education,” Moberly said.

She graduated from Indiana University Bloomington in 1975 with a degree in elementary education and economics.

Moberly said she couldn’t really get a job with an economics major without also going to graduate school.

As she was considering graduate school, she was surrounded by high-achieving women in a sorority house.

“Since a lot of the women were going to law school, and many are now physicians, surgeons, I kind of started thinking outside the box, and that’s what pushed me to go to law school, was the women I was around,” Moberly, who received her J.D. from the Robert H. McKinney School of Law in

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July 5, 2024 by ATTORNEY

Giuliani Seeks to Alter Bankruptcy to Speed Asset Sale but Keep Future Income

Rudolph W. Giuliani told a bankruptcy court on Monday that he would like to have his assets sold to pay his creditors, including two Georgia election workers he defamed in his efforts to keep former President Donald J. Trump in office after the 2020 election.

Mr. Giuliani asked the bankruptcy court to convert his case from what is known as Chapter 11 to Chapter 7, which would put an independent trustee in charge of his assets, similar to what the creditors requested.

Mr. Giuliani, who filed for bankruptcy in December, has listed about $11 million in assets, most of which come from two properties he owns in New York and Palm Beach, Fla. In court filings, he has disclosed that he owes about 20 people and businesses about $153 million, including $148 million to the two election workers, Ruby Freeman and Shaye Moss.

After months of absent, late and incomplete filings, lawyers for his creditors recently asked the court to hold the former New York City mayor in contempt and to impose penalties. They have previously expressed concerns that he is hiding income. Last month, they asked the court to appoint an independent trustee to take over Mr. Giuliani’s

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July 2, 2024 by ATTORNEY

Ten Retailers Possibly Filing for Bankruptcy in 2024

2024 holds much anticipation. The Fed rate hikes have started to reduce inflation, yet some prices remain high. Unemployment figures persist at record lows despite many large employers cutting back. Continuing supply chain issues persist as China reopens in the face of its COVID crisis. And consumer spending is tightening in preparation for bumps in the year ahead. Will we avoid a recession and have a soft landing? This volatile mix of economic data may lead several retailers to use the bankruptcy process to stay viable.

Following are our top 10 retailers to watch for a possible Chapter 11 filing in the year ahead.

  1. Petco – Is Fido Chasing a Chapter 11 Bone? According to Retail Dive, the company has a high long-term debt load of $1.7 billion. According to iHeart, the company’s FRISK Score at the end of last year was 2 with CreditRiskMonitor, which represents a 4% to 10% chance of bankruptcy in the next 12 months. These factors could lead the 1,500 store chain to think about reducing its footprint through a bankruptcy filing.
  2. JOANN – Crafting a Chapter 11 Plan? Retail Wire reports that Jo-Ann Fabrics, now known as JOANN, continues with declining sales,
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March 8, 2024 by ATTORNEY

State attorney general watching St. Pete special needs trust’s bankruptcy, accusations founder took $100M

State attorney general watching St. Pete special needs trust’s bankruptcy, accusations founder took 0M

TAMPA, Fla. – As a federal court appointed a committee of families impacted by the bankruptcy of a special needs trust fund company in St. Petersburg, the Florida Attorney General’s office confirmed it’s keeping an eye on the case.

In a court filing this week, the U.S. Bankruptcy Court in Tampa named a creditors committee, tasked with following the Center for Special Needs Trust Administration’s bankruptcy case and representing all the families potentially impacted by the situation.

“It just gives us all of a voice and allows us to represent all of the beneficiaries and give them a voice,” said Carol Mulholland, an Orlando mother who is among those appointed to the committee.

RELATED: St. Pete special needs trust fund founder accused of taking $100M becomes target of lawsuit: Court records

The Florida Attorney General’s office, meanwhile, told FOX 13 in a statement that it is following the case, adding, “we are aware, and the appropriate investigative agencies have been notified. We cannot comment further at this time.”

Several families, including Mulholland’s, have said they’ve contacted the FBI.

Last month, the Center filed for bankruptcy, accusing its founder, Leo Govoni, of taking $100 million in unapproved loans from 2009

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March 7, 2024 by ATTORNEY

Iranian Bankruptcy Lawyers & Different Types of Bankruptcy

There are different types of bankruptcy, each designed to address specific financial situations. Iranian Bankruptcy Lawyers play a crucial role in guiding individuals and businesses through the complex legal proceedings associated with bankruptcy. Here are some common types of bankruptcy and how a bankruptcy lawyer may be involved:

Chapter 7 Bankruptcy:
Also known as liquidation bankruptcy, Chapter 7 involves the sale of a debtor’s non-exempt assets to pay off creditors. In Chapter 7 cases, these attorneys help individuals navigate the liquidation process, ensuring that eligible assets are protected and exemptions are maximized.
An Iranian Bankruptcy Lawyer helps clients understand eligibility criteria, exemptions, and guides them through the process of filing the necessary paperwork. The lawyer may also represent the debtor in court and work to protect as many assets as possible through legal exemptions.

Chapter 13 Bankruptcy:
Chapter 13 is a reorganization bankruptcy that allows individuals with a regular income to create a repayment plan to settle their debts over three to five years. In Chapter 13 proceedings, Persian Bankruptcy Attorneys collaborate with clients to craft realistic repayment plans, negotiating with creditors and representing the debtor’s interests in court. They play a crucial role in ensuring that the proposed

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March 6, 2024 by ATTORNEY
December 2024
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