Discharge of Federal Student Loans: Alfes Case Clarifies Sixth Circuit Position

The U.S. Court of Appeals for the Sixth Circuit recently affirmed the district court’s judgment affirming the bankruptcy court’s order granting summary judgment (dismissal) in favor of a guarantor of student loans. The case is Alfes v. Educational Credit Management Corporation (ECMC) released on March 12, 2013. Procedural History Here is an overview of the […]

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Twinkie Maker Files for Chapter 11 Bankruptcy

Twinkie lovers were upset when they heard the news that Hostess, the Texas company that manufactures Twinkies, filed for Chapter 11 bankruptcy. As it turns out, Twinkie enthusiasts do not have to worry: Hostess has obtained financing to continue manufacturing the snack while restructuring their business under the Bankruptcy Code. The company cites a population […]

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