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CR&B alert case update—Seventh Circuit upholds lenders' credit bidding rights
In response to the secured lenders' objection to the proposed bid procedures, Bankruptcy Judge Bruce Black of the Northern District of Illinois ruled that the prohibition on credit bidding prevented the debtors' proposed plans from being confirmable,
Updated: 09/19/2011 11:50A
Dallas Stars Sale & Bankruptcy: First Hearings Scheduled For Today
What the players are having to to ignore while they focus on hockey, of course, is that the bankruptcy proceedings in the sale of the Dallas Stars is currently underway in Delaware. Brenden Morrow spoke about it this weekend, saying that he's been
Updated: 09/19/2011 11:38A
Best Lawyers in America® 2012 Honors Cohen & Grigsby Attorneys
Jr. Employment Law- Management: Ronald J. Andrykovitch, Robert B. Cottington, James R. Haggerty, Robert F. Prorok Immigration Law: John S. Brendel, Lawrence M. Lebowitz, Matthew T. Phillips International Trade and Finance Law: V. Susanne Cook Labor
Updated: 09/19/2011 11:37A
24 S&P 500 Stocks Up Triple Digits Since the Lehman Bankruptcy
By TraderMark Sep 19, 2011, 11:34 AM Author's Website Hope everyone enjoyed their “Lehman 3 Year Bankruptcy Anniversary” parties this weekend – I am sure Dick Fuld and his $350M did. (clawbacks anyone?) While the Lehman bankruptcy in fall 2008 was not
Updated: 09/19/2011 11:36A
Dallas Stars sale heads to court
Lawyers for Vancouver businessman Tom Gaglardi will be in the US Bankruptcy court in Delaware on Monday to make the next step in the sale of the Dallas Stars. A judge will hear motions to let the NHL team continue operations and to hold a hearing to
Updated: 09/19/2011 11:35A
After Solyndra Failure, Solar Stocks Face Challenging Road
These factors, combined with excess industry capacity and low pricing, have hit the sector hard and resulted in the bankruptcy of three American solar companies over the past few months. Accordingly, we are reviewing our price estimates for solar
Updated: 09/19/2011 11:31A
Natural Gas Can Drive Our Economy
If you share my opinion after being bathed in the steady stream of news about solar panel producer Solyndra, its bankruptcy, and its questionable federal loan (with others apparently being teed up for other companies)
Updated: 09/19/2011 11:22A
Utility Scale PV growth takes centre stage in the US
The federal loan provided for Solyndra represented only 1.4% of the entire loan guarantee program. Furthermore the recent approval for First Solar to receive a conditional commitment of $967 million for its $1.7 billion Agua Caliente project,
Updated: 09/19/2011 11:22A
Copyright troll Righthaven near bankruptcy
After filing more than 275 copyright infringement lawsuits, it now turns out that Righthaven was not the owner of the copyrights asserted in the lawsuit, and as a result is now on the verge of bankruptcy. The copyright infringement claims were made for
Updated: 09/19/2011 11:19A
Finger-pointing Senator Wasn't Always Critical of Green Loans
David Vitter says the Obama administration has been "reckless" as it awards billions of dollar taxpayer subsidies for renewable energy projects, including a $528 million loan to a now-bankrupt California solar panel maker. The Louisiana senator and
Updated: 09/19/2011 11:16A