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Writings by Joel R. Glucksman

Joel Glucksman is an experienced civil and bankruptcy litigator specializing in the representation of secured lenders and other creditors in complex suits and bankruptcies.
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Scarinci Hollenbeck remains committed not only to providing top-tier legal services but also to regularly providing information and resources to our client base and internet following. Client Alerts provided by our attorneys supply businesses, municipalities, and more with the latest and relevant legal updates that may impact them and how they might be able to proceed.
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Former Heisman Trophy Winner Decided to File for Bankruptcy post image

Former Heisman Trophy Winner Decided to File for Bankruptcy

There was a time when Vince Young,  was the most popular man in college football. He was a Heisman Trophy-winning quarterback from the University of Texas, who had just led the Longhorns to a BCS National Championship against the powerhouse USC Trojans. Young proceeded to be drafted 3rd overall by the Tennessee Titans in the […]

Author: Joel R. Glucksman

Link to post with title - "Former Heisman Trophy Winner Decided to File for Bankruptcy"
Pensions Could Be Saved in Detroit Bankruptcy post image

Pensions Could Be Saved in Detroit Bankruptcy

In July 2013, the city of Detroit filed the largest case under Chapter 9 of the bankruptcy laws in the history of the United States. The case didn’t sit well with everyone. The administrators of the city’s pension funds have been steadfastly opposed to the bankruptcy, asserting that it put at risk the money of hard-working employees. […]

Author: Joel R. Glucksman

Link to post with title - "Pensions Could Be Saved in Detroit Bankruptcy"
Freedom Industries Files for Bankruptcy post image

Freedom Industries Files for Bankruptcy

For the past couple of weeks, thousands of West Virginians have been unable to use tap water because Freedom Industries spilled chemicals into the Elk River. Just a week after this incident, the company filed for protection under Chapter 11 of the United States bankruptcy law. Bankruptcy documents revealed that Freedom Industries owes $3.6 million to […]

Author: Joel R. Glucksman

Link to post with title - "Freedom Industries Files for Bankruptcy"
Bankruptcy Hits the Catholic Church post image

Bankruptcy Hits the Catholic Church

The sex abuse scandal has had a major impact on the Catholic church, and not just in its reputation. The Catholic Diocese of Stockton, Calif., recently said it would become the 10th diocese to file for protection under Chapter 11 bankruptcy law as a result of the scandal, according to The Wall Street Journal. Bishop Stephen Blaire […]

Author: Joel R. Glucksman

Link to post with title - "Bankruptcy Hits the Catholic Church"
Fisker Automotive Bankruptcy Case Progressing post image

Fisker Automotive Bankruptcy Case Progressing

Fisker Automotive recently filed for bankruptcy, and the bankruptcy case is headed for an important hearing during the second week of January. According to USA Today, a judge will decide whether the company’s assets will be purchased by Hybrid Technologies or opened to an auction. The company, which is seeking protection under bankruptcy law, is […]

Author: Joel R. Glucksman

Link to post with title - "Fisker Automotive Bankruptcy Case Progressing"
Country Music Star Eddie Montgomery Files for Bankruptcy post image

Country Music Star Eddie Montgomery Files for Bankruptcy

Eddie Montgomery shot to fame as half of the country music duo Montgomery Gentry. The pair have released six studio albums – three of which certified platinum – and had more than 20 chart singles. It appears however that Montgomery has fallen on some hard times, as the singer recently filed for individual bankruptcy. In U.S. […]

Author: Joel R. Glucksman

Link to post with title - "Country Music Star Eddie Montgomery Files for Bankruptcy"
3 High Profile Celebrity Bankruptcies in 2013 post image

3 High Profile Celebrity Bankruptcies in 2013

People often think that celebrities live lavishly and without a care in the world. While this is true for some, it isn’t always the case. In fact, there were many high-profile celebrity bankruptcies in 2013. 1. Curt Schilling (38 Studios): The former World Series winning pitcher for the Boston Red Sox started his own video game […]

Author: Joel R. Glucksman

Link to post with title - "3 High Profile Celebrity Bankruptcies in 2013"
Detroit Pension Funds Challenge City's Bankruptcy Eligibility post image

Detroit Pension Funds Challenge City's Bankruptcy Eligibility

The City of Detroit officially filed for Chapter 9 bankruptcy on July 18, 2013. It hasn’t been smooth sailing. Detroit’s two pension funds recently filed an application in the U.S. 6th Circuit Court of Appeals asking the court to expedite their appeal, which challenges Detroit’s bankruptcy eligibility, according to the Detroit Free Press. On Dec. […]

Author: Joel R. Glucksman

Link to post with title - "Detroit Pension Funds Challenge City's Bankruptcy Eligibility"
What Will Happen in Detroit Next? post image

What Will Happen in Detroit Next?

Following the onset of the 2008 crisis, Detroit faced tremendous struggles. he city was able to hang on economically for some time before finally filing for bankruptcy in 2013. Detroit’s bankruptcy is widely expected to be the largest municipal case in U.S. history, but where does the Detroit case go from here? Bankruptcy law is […]

Author: Joel R. Glucksman

Link to post with title - "What Will Happen in Detroit Next?"
LightSquared Files Bankruptcy Exit Plan post image

LightSquared Files Bankruptcy Exit Plan

U.S. wireless communications firm LightSquared is seeking to exit formal bankruptcy proceedings after securing financing from private-equity firms Fortress Investment Group LLC and Melody Capital Advisors LLC. The company filed its bankruptcy exit plan with the U.S. Bankruptcy Court of Manhattan in an effort to quickly end proceedings and avoid a sale to highest bidder Dish Network […]

Author: Joel R. Glucksman

Link to post with title - "LightSquared Files Bankruptcy Exit Plan"
Creditors Try to Force Evergreen International Airlines into Involuntary Chapter 7 Liquidation post image

Creditors Try to Force Evergreen International Airlines into Involuntary Chapter 7 Liquidation

Delford Smith, founder and CEO of Evergreen International Airlines, is struggling to establish a viable financial exit plan for the ailing airline, amid new threats from creditors to push the company into involuntary Chapter 7 bankruptcy liquidation proceedings. The unsecured creditors filed an involuntary petition against Evergreen last week under Chapter 7 of the bankruptcy […]

Author: Joel R. Glucksman

Link to post with title - "Creditors Try to Force Evergreen International Airlines into Involuntary Chapter 7 Liquidation"
Industry Professionals to Issue Report on Corporate Bankruptcy Reform post image

Industry Professionals to Issue Report on Corporate Bankruptcy Reform

2013 has been a big year for the corporate bankruptcy market, with many big-name firms either filing for Chapter 11 protection under bankruptcy  law or emerging from bankruptcy proceedings with clean balance sheets. Although many companies that have sought protection have been able to exit formal proceedings, experts say there are still a number of […]

Author: Joel R. Glucksman

Link to post with title - "Industry Professionals to Issue Report on Corporate Bankruptcy Reform"

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