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Devils could be in bankruptcy danger
1 loan payment, giving their lenders a breakaway chance to push the three-time NHL champion into bankruptcy, the New York Post reported Monday. It puts the team on thin ice ahead of the opening of training camp Tuesday, with a source saying,
Updated: 09/12/2011 08:14A
Debevoise Bolsters Restructuring Group With Kirkland Hire
In moving to Debevoise, Labovitz—who expects to represent debtors and creditors in and out of bankruptcy—joins a group of some 20 corporate and litigation lawyers who make up the firm's bankruptcy and restructuring group in New York.
Updated: 09/12/2011 08:14A
White-collar union at Saab launches bankruptcy process
Stockholm - The main white-collar union at struggling carmaker Saab on Monday launched bankruptcy proceedings over unpaid wages. The bankruptcy petition was filed with the Vanersborg district court that last week rejected Saab's application to
Updated: 09/12/2011 08:10A
Unionen files for Saab bankruptcy
Saab's main white collar union has filed an application for the automaker's bankruptcy today (12 September), although its blue-collar counterparts have held back from taking the same hard-line stance. Unionen has acted in concert with fellow Saab
Updated: 09/12/2011 08:06A
The week ahead: Solyndra probe, attacks on EPA continue
The California company's shutdown and bankruptcy despite receiving a $535 million federal loan has troubling political overtones for the Obama administration, emboldening GOP attacks on the stimulus and efforts to create “green jobs.
Updated: 09/12/2011 08:05A
Flanders appoints new negotiating team in Central Falls
The school district and the teachers' union had reached an impasse and were in the process of entering arbitration when Central Falls declared bankruptcy Aug. 1, putting pending matters such as arbitration on hold. Receiver Robert G. Flanders Jr.
Updated: 09/12/2011 08:04A
IN RE HIXON
In his objection to confirmation, the trustee argues that debtor's plan may not be confirmed because neither debtor's plan nor petition satisfies the requirements of §§ 1325(a)(3) and (a)(7) of the Bankruptcy Code, which require the court to deny
Updated: 09/12/2011 08:02A
IN RE LEVITRON, L.L.C.
It seeks to recover, under Section 547 of the Bankruptcy Code, transfers made to the defendants. 1 At the close of the trustee's case-in-chief the defendants made an oral motion for a directed verdict, which this court will treat as a Federal Rule of
Updated: 09/12/2011 08:02A
Central Falls city unions to file briefs refuting receiver
Flanders has said the Chapter 9 filing in federal Bankruptcy Court gives him the power to void existing contracts and to impose changes in the pension payments and after-retirement health-insurance coverage the city had been providing its retirees.
Updated: 09/12/2011 08:01A
CADLE COMPANY II, INC. v. GASBUSTERS PRODUCTION I, LIMITED PARTNERSHIP
This is an appeal of a bankruptcy court decision. Appellant The Cadle Company II, Inc. (Cadle), the primary unsecured creditor in a bankruptcy estate (estate), appeals a bankruptcy court's decision that Appellee Gasbusters Production I Limited
Updated: 09/12/2011 08:01A
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