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Bankruptcy judges can rule on claims for fraudulent transfers by the liquidator of Bernard Madoff’s brokerage, exercising powers that aren’t affected by a U.S. Supreme Court ruling in the Anna Nicole Smith case, the Securities Investor ...
May 25, 2012 at 18:12 | Source: Bloomberg
WASHINGTON, May 29 (Reuters) - The U.S. Supreme Court ruled on Tuesday that a secured creditor cannot be denied the right to make what has been known as a "credit bid" involving the sale of property or other assets as part of a bankruptcy ...
May 29, 2012 at 15:16 | Source: Reuters
May 28 (Reuters) - Dewey & Leboeuf LLP, the ailing law firm that has been on the verge of closure, said it has filed for chapter 11 bankruptcy protection in a U.S. court and is seeking approval to liquidate its business after it failed to find a ...
May 29, 2012 at 05:29 | Source: Huffington Post
Dewey & LeBoeuf LLP, the law firm that advised Los Angeles Dodgers LLC on its restructuring, filed its own bankruptcy after its chairman was ousted, almost all its partners quit and creditors began suing for unpaid bills. Dewey, based in New ...
May 29, 2012 at 14:04 | Source: Bloomberg
NEW YORK -- As American Airlines made its final stand Friday in U.S. bankruptcy court, the judge finished the lengthy hearing on a surprising note by telling the courtroom that the airline and its unions need to work toward a deal. In American ...
May 26, 2012 at 13:18 | Source: Miami Herald
Q: About a month ago, you wrote an article about strategic default options for underwater homeowners. I was surprised that you didn't mention bankruptcy with surrender as an option for underwater homeowners. Going beyond strategic default, there ...
May 27, 2012 at 10:32 | Source: Chicago Tribune
ATLANTA, May 28 (UPI) -- Former Baltimore Ravens running back Jamal Lewis has filed for Chapter 11 bankruptcy protection in Atlanta. Online bankruptcy records, made available Sunday, show Lewis, 33, has assets of about $14.5 million and owes ...
May 29, 2012 at 01:40 | Source: United Press International
Dewey & LeBoeuf, the law firm crippled by financial miscues and partner defections, filed for bankruptcy on Monday night, punctuating the largest law firm collapse in United States history. The filing, made in federal bankruptcy court in ...
May 29, 2012 at 02:23 | Source: New York Times
After spending 35 years helping to fix troubled companies such as General Motors, Texaco and Owens Corning, Martin Bienenstock got the hands-on experience he never wanted. With Dewey & LeBoeuf, his home from 2007 until earlier this month ...
May 25, 2012 at 19:24 | Source: Wall Street Journal
DENVER (Reuters) - The Colorado farm that grew cantaloupes linked to a listeria outbreak that killed more than 30 people last year has filed for Chapter 11 bankruptcy protection, court documents showed. Jensen Farms of Holly, Colorado, listed $2 ...
May 27, 2012 at 06:00 | Source: msnbc.com