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Blog | DelCotto Law Group

Counsel, Chapter 11, Bankruptcy Code, Disinterested

Counsel in Chapter 11 Proceedings

June 18, 2015
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Retention of Counsel in Chapter 11 Proceedings

By: Jamie L. Harris, Esq.

11 U.S.C. § 327(a) permits a debtor to employ an attorney that (1) does not “hold or represent and interest adverse to the estate”; and (2) is disinterested. 11 U.S.C […]

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Taxes, Tax Increase, Kentucky, Frankfort, General Electric

Death Spiral: The Taxes Conundrum

June 16, 2015
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Death Spiral: The Taxes Conundrum

By: Laura Day DelCotto, Esq.

Connecticut just raised taxes…. Again.  The state’s two- year $40.3 billion budget includes a projected $1.5 billion increase in tax revenues. The top individual tax rate increased from 6.7% to 6.99%.  A “temporary […]

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Chapter 9, municipality bankruptcy, pension

Part 2: Chicago Pension Crisis

June 11, 2015
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Chicago: My kind of town

By: Laura Day DelCotto, Esq.

Last month I blogged about Moody’s downgrade of Chicago’s debt to “junk status,” and the city’s drama with the Chicago Teacher’s Union.

UPDATE: Mayor Rahm Emanuel has found a way to “fix […]

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Social Security Disability Program, Insolvent, Kentucky

Social Security: Watch Congress and Act Now

June 9, 2015
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A Call to Private Sector Future Retirees on Social Security

By: Laura Day DelCotto, Esq.

The Social Security Disability Program is kept separate from the Social Security Retirement Program. The Social Security Disability Program is “on the brink of insolvency” according to the Social Security Office […]

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