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March 2010 Archives

Bankruptcy filings in Rochester through February 2010 are behind prior years

The number of filings in the bankruptcy court in Rochester NY are actually slightly behind the pace of the prior three years, as of March 5, 2010. As of that date, 432 bankruptcies were filed in Rochester. In comparison, Rochester case 432 was filed February 26 in 2009 and February 27 in 2008 and 2007. For the record, case 432 was filed February 9 in 2004, and February 3 in 2005, just before the 2005 changes in the bankruptcy code.

Claim for lost wages pro-rated pre-bankruptcy and post-bankruptcy:

Second Circuit Court of Appeals case: In re Jackson, No. 08-4927 (Decision Jan. 22, 2010); affirming In re Jackson 376 BR 75 (Bankr. D. Conn. 2007), affirmed by District Court 384 BR 8 (D. Conn. 2008). The significance of the case may go well beyond the issue directly decided (calculation of future income in a wrongful termination case) and may apply to settlements of personal injury cases (more on that below).

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