Chapter 11 May Help Nassar Victims

By: Laura Day DelCotto   The WSJ headline about the recent USA Gymnastics’ filing is spot on. At first blush, when anyone with multiple lawsuits files bankruptcy, there seems to be a rush to judgment that the debtor is seeking to evade and avoid litigants.   The filing is viewed with

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Secret Court Filings? Not So Much…

By: Laura Day DelCotto The litigation process is a “public” procedure, all set forth in an official court record which can be accessed by the public. Sometimes, one (or both) of the parties want to file papers, but keep them confidential and not open to public view.  Maybe there are

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Bankruptcy Litigation law firm DelCotto Law Group Named a 2017 Best Law Firm

DelCotto Law Group Listed Among Lexington’s Best Law Firms 2018

DelCotto Law Group PLLC, with offices in Lexington, Danville, and Louisville, Kentucky, has received a Tier 1 ranking in the 2018 edition of U.S. News – Best Lawyers “Best Law Firms” in the practice areas of Bankruptcy and Creditor Debtor Rights / Insolvency and Reorganization Law, and Litigation – Bankruptcy

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What is the Consumer Financial Protection Bureau (“CFPB”)?

President Obama signed the Dodd-Frank Wall Street Reform and Consumer Protection Act in July 2010, which established the Consumer Financial Protection Bureau (CFPB). In January of 2012, President Barack Obama appointed Rich Cordray to be the first Director of the CFPB. The CFPB writes rules, supervises companies, and enforces federal

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Collateral estoppel: Proactive litigation strategies are crucial

Collateral estoppel| Jamie Harris in our firm recently posted about collateral estoppel in bankruptcy cases.  Collateral estoppel is one of those terms that usually ends the conversation at cocktail parties, or draws glazed looks when attorneys discuss it with clients.  I like to explain it as “you only get one

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Mr. Griffith Takes Delaware

Professor Takes Frustration with Merger Lawsuits to Court

Shout Out to Fordham Law Professor Sean Griffith who applied action to his teaching of  mergers and acquisitions. The legal system is far from perfect. It often feels to me that it has gotten worse over the last decade or so, as the reces- sion combined with the tech boom

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