A judge on Wednesday set a schedule for General Motors Co.'sGM -0.27% bankruptcy court fight with the so-called “economic victims” of GM’s ignition switch defect, urging both sides to work together toward a resolution. Judge Robert Gerber …

In a landmark decision Thursday, the Supreme Court ruled unanimously, 9-0, that inheritedIRAs are not protected in bankruptcy under federal law. The decision has far reaching ramifications and, depending on your heirs' specific circumstanc…

Robert T Abney & Associates Bankruptcy Law, Commercial Law – A New York court has resolved a long-simmering question about what happens when law firms blow up: Can a bankrupt firm claim the profits from a valuable client relationship even …

In a blow to law-firm bankruptcy trustees, New York’s high court ruled that defunct law firms cannot recoup profits from unfinished work taken by their former lawyers to new professional homes. The unanimous decision by the New York Court …