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Schulte Roth & Zabel | Fifth Circuit Shows Reorganization Investors How to Get
Id. The bankruptcy court granted the debtor's motion for the so-called expense “reimbursement order” after a hearing. Although the debtor's corporate parent had objected, the bankruptcy court found that the debtor had shown “a compelling and sound
Updated: 09/09/2011 04:10P
White & Case LLP | Employment Termination and Reductions-in-Force Outside the
RIFs in the insolvency/bankruptcy context: Most RIFs get done for economic reasons. Where economic pressures push an employer into insolvency or bankruptcy, special RIF rules may apply. Check applicable bankruptcy/insolvency law.
Updated: 09/09/2011 04:09P
Florida golf resort and spa set to emerge from Chapter 11 bankruptcy protection
After more than a year in Chapter 11 bankruptcy, Florida's Sawgrass Marriott Golf Resort & Spa is on its way to emerging from protection. After more than a year in Chapter 11 bankruptcy, Florida's Sawgrass Marriott Golf Resort & Spa
Updated: 09/09/2011 04:06P
FBI expands Solyndra raid to homes of CEO, execs
Solyndra abruptly filed for bankruptcy last week and laid of thousands of employees - embarrassing news for the Obama administration, which had secured $535 million in low interest loans for the company. Federal officials now believe that the
Updated: 09/09/2011 04:05P
Solyndra bankruptcy suggests that governments aren't investing enough in solar
The Solyndra bankruptcy has taken a vaguely criminal turn, as the FBI in recent days has raided the company's Fremont, Calif. headquarters and paid a visit to the homes of the CEO and founder. Opponents of President Obama's enthusiasm for green jobs
Updated: 09/09/2011 04:02P
Robbins Geller Rudman & Dowd LLP Files Class Action Suit Against Former and
A&P is not named in this action as a defendant because it filed for bankruptcy protection in December 2010. If you wish to serve as lead plaintiff, you must move the Court no later than 60 days from today. If you wish to discuss this action or have any
Updated: 09/09/2011 04:02P
South Edge Allowed to Seek Creditor Vote on Reorganization
9 (Bloomberg) -- South Edge LLC, the Las Vegas-area developer co-owned by KB Home, Beazer Homes USA Inc. and Toll Brothers Inc., won bankruptcy court permission to send its reorganization plan to creditors for a vote. Under the plan, the builders and
Updated: 09/09/2011 04:01P
NewPage continues operations during bankruptcy
MIAMISBURG, Ohio (WSAU) – A judge has agreed to let NewPage Corporation continue operations as normal as it reorganizes under Chapter 11 bankruptcy protection. The Ohio-based company got approval to use up to $600 million in debt financing commitments
Updated: 09/09/2011 04:00P
GBO Files Notice Of Intention To Make Proposal - Quick Facts
V: News ) announced that it has filed a notice of intention to make a proposal pursuant to the Bankruptcy and Insolvency Act ( Canada ). The Company noted that it will present, as soon as possible, a proposal setting out the terms of the restructuring
Updated: 09/09/2011 03:55P
US EQUITIES WEEK AHEAD: Italy Austerity Vote; Athens Talks
(BBY), packaged-food company Diamond Foods Inc. (DMND) and casual-dining chain Cracker Barrel Old Country Store Inc. (CBRL). International lenders are due to resume an inspection visit in Athens next week, while the government weighs unprecedented
Updated: 09/09/2011 03:48P