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The New Jersey Devils on the verge of bankruptcy … not so fast
1 loan payment, giving its lenders a breakaway chance to push the team into bankruptcy, a source with direct knowledge of the situation said.” Team-owned Devils Arena Entertainment operates the Prudential Center and guarantees the loans could also be
Updated: 09/12/2011 03:40P
Fitch Upgrades BSCMSI 2005-PWR7
The upgrades are a result of increased credit enhancement from paydown since Fitch's last formal review due to scheduled amortization, as well as proceeds from the liquidation of the Garden State Pavilion loan in June 2011. The upgrades also reflect a
Updated: 09/12/2011 03:38P
Fordham Law School's Roundtable Series to Address Intragroup Guarantees in
A common issue in bankruptcy litigation will be the subject of a Fordham Law Roundtable webinar on October 11, 2011 at 1 pm Eastern, titled, "Strategic Liability in the Corporate Group: A New Way of Analyzing Intragroup Guarantees in Bankruptcy.
Updated: 09/12/2011 03:37P
House Republicans set their sights on solar company scandal
And this Wednesday, a House subcommittee will be holding hearings on why the company, recipient of a stimulus loan, was forced into bankruptcy. From the LAT: The administration's critics couldn't have asked for a better gift than the Solyndra scandal.
Updated: 09/12/2011 03:35P
Greek implosion won't hurt Canada: Flaherty
OTTAWA - With debt-laden Greece on the brink of bankruptcy, Finance Minister Jim Flaherty says Canada's fiscal house is in order and, although we may be "buffeted" by a crisis in Europe, we will survive. Over the weekend, Greek officials admitted the
Updated: 09/12/2011 03:34P
Former Howrey Chairman Will Join Winston's DC Office
He maintains that Winston has "literally no risk whatsover" by hiring Ruyak amid Howrey's bankruptcy. Winston & Strawn made offers to about three-quarters of Howrey's lawyers, but only about 40 of them joined the law firm, according to the Tribune.
Updated: 09/12/2011 03:29P
Unions ask Swedish court to declare Saab bankrupt
The company said it hopes to soon secure a 70-million-euro bridge loan to finance itself while it reorganises. The carmaker on Monday also appealed a Swedish court ruling from last week which rejected Saab's request for bankruptcy protection.
Updated: 09/12/2011 03:26P
Washington area bankruptcy filings for the week of Sept .12
These firms recently filed with the US Bankruptcy Court's local court clerk's offices. Under Chapter 11 of the federal bankruptcy code, a company is protected from claims by creditors while it attempts to reorganize its finances under a plan approved
Updated: 09/12/2011 03:23P
Davis Wright Tremaine | Presentations
1990) 21 OTHER US TRADEMARK CASES INVOLVING CHINESE COMPANIES 22 Effect of Bankruptcy Bankruptcy of the foreign manufacturer has no effect on the general rule that foreign manufacturer owns marks vis-- vis US distributor. Successor in bankruptcy
Updated: 09/12/2011 03:21P
Debevoise & Plimpton | M. Natasha Labovitz, Top Restructuring Lawyer, Joins
Debevoise & Plimpton LLP today announced that M. Natasha Labovitz has joined the firm as a partner in its New York office and a member of the firm's Bankruptcy and Restructuring Group. Ms. Labovitz is a seasoned corporate restructuring practitioner and
Updated: 09/12/2011 03:21P
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