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US Fidelis' creditors fight Mepco's $57 million claim
The unsecured creditors in the US Fidelis Inc. bankruptcy have filed a lawsuit seeking to have a $57 million secured claim from Chicago-based Mepco Finance Corp . either thrown out or made a lower priority claim than those of the unsecured creditors.
Updated: 09/09/2011 06:02A
Legal tips to help avoid debt issues, bankruptcy
But, local bankruptcy attorneys say taking some simple proactive steps can offer an extra layer of business protection. Keep in mind, they say, none of these measures is fool-proof, and collection success is never a sure thing.
Updated: 09/09/2011 06:01A
Leo-Arthur Kelmenson, adman who helped save Chrysler, dies at 84
Before advertising executive Leo-Arthur Kelmenson could ignite the media blitz in 1979 that helped rescue Chrysler from bankruptcy, he had to persuade the auto company's president to serve as pitchman.
Updated: 09/09/2011 06:01A
Creditors line up after Solyndra bankruptcy
Now that the Fremont-based solar company is filing for Chapter 11 protection, local bankruptcy experts say it's still too early to know who will be able to recoup some of their money. Regardless, the impact will be felt both internationally and here in
Updated: 09/09/2011 06:01A
Saab to appeal court ruling rejecting bankruptcy protection
STOCKHOLM: Saab will submit on Monday an appeal against a Swedish court's rejection of its request for protection against bankruptcy, the parent company Swedish Automobile announced. "Swedish Automobile announces that Saab ... aims to submit their
Updated: 09/09/2011 05:59A
Best Lawyers in America 2012 Cites Eight Attorneys at Shapiro Sher Guinot
Founded in 1972, the Firm is nationally known for its practices in business law, litigation, bankruptcy, and creditors rights. The Best Lawyers in America is regarded as a definitive guide to legal excellence in the country.
Updated: 09/09/2011 05:42A
Solar company offices searched
FBI agents executed search warrants on Thursday at the headquarters of California solar-panel manufacturer Solyndra, which received more than $500 million in federal loan guarantees before filing for bankruptcy in Delaware last week.
Updated: 09/09/2011 05:42A
SWEDEN: Saab hints at more finance detail ahead of court appeal
Saab has expressed "surprise" at yesterday's (8 September) rejection by a Swedish district court of its application to enter voluntary reorganisation, but has dropped hints it may provide further financial backing detail when it submits an appeal next
Updated: 09/09/2011 05:36A
Solar Hype and Failure: A Long Story
Solar companies Solyndra of California, Evergreen Solar Inc. of Massachusetts, and SpectraWatt of New York have all filed bankruptcy petitions and face drastic restructuring if not liquidation. “There is a crisis in the solar manufacturing world…no
Updated: 09/09/2011 05:36A
Saab hints at more finance detail to Court
Saab has expressed "surprise" at yesterday's (8 September) rejection by a Swedish District Court of its application to enter voluntary reorganisation, but has dropped hints it may provide further financial backing detail when it submits an appeal next
Updated: 09/09/2011 05:34A
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