Latest Legal Advertising News
Solyndra Chief Boasted of Prospects Months Ago
31, filed for bankruptcy protection and had its Fremont, California, headquarters raided by the Federal Bureau of Investigation. Photo: Jonathan Alcorn/Bloomberg Solyndra LLC Chief Executive Officer Brian Harrison told reporters in Washington on July
Updated: 09/22/2011 04:05P
Manistique Papers gets financial second chance, more than 100 jobs saved
“Less than two months after its shutdown and bankruptcy, Manistique Papers will soon be fully operational with more than 130 people back on the job, thanks to the company's management, their bankers at mBank, the MEDC, the US Department of Agriculture,
Updated: 09/22/2011 04:00P
Judge dismisses part of Madoff family suit
A bankruptcy judge struck down some of trustee Irving Picard's claims against the family of convicted swindler Bernard Madoff. By Bloomberg News (Bloomberg) - A judge dismissed part of a $198 million lawsuit against Bernard Madoff's family by the
Updated: 09/22/2011 03:59P
Twenty Years and Counting
Gambling and money lending flourished and on Fifth Street, the biggest gangster of them all, met with an FBI agent every Friday at his bar. The agent was his handler. He allowed that gangster to operate unfettered as the bank for a Boston Mafia family
Updated: 09/22/2011 03:59P
Rocket company hopes for calmer waters
The company that lofts big telecommunications satellites from a converted oil rig in the Pacific Ocean is preparing for its first flight since emerging from Chapter 11 bankruptcy. Right now, that rig, known as Odyssey, is positioned in waters at 154
Updated: 09/22/2011 03:37P
Central Falls, Rhode Island, Receiver Submits Fiscal Rescue Plan to Court
The receiver for Central Falls, the Rhode Island city that declared bankruptcy last month, proposed a mix of sacrifices on the part of city retirees and other creditors to turn around the community's
Updated: 09/22/2011 03:36P
UBS's Shady Dealings Are A Lehman Deja Vu
Last Thursday marked the three-year anniversary of the spectacular collapse and bankruptcy of Lehman Brothers. Fittingly enough, the next morning a UBS (UBS) trader in London was arrested on fraud charges for his role in a trading scheme that triggered
Updated: 09/22/2011 03:31P
Roger Stone faces lawsuit in Rothstein case
Notorious political consultant Roger Stone is the latest target of the trustee overseeing the bankruptcy of Ponzi schemer Scott Rothstein's former law firm. Stone, whose career in politics dates back to being an intern with Richard Nixon's campaign,
Updated: 09/22/2011 03:19P
Judge Dismisses Some Madoff Claims
US Bankruptcy Judge Burton Lifland said parts of the complaint filed by trustee Irving Picard are "opaque" and lack detail about some of the transactions he cites in suing Mr. Madoff's brother Peter, his son Andrew, and the estate of his other son Mark
Updated: 09/22/2011 03:13P
Long-time Kenosha company on its last legs
It looks like long-time Kenosha cabinet and countertop-making business Laminated Products International is on its last legs; the company has filed for “Voluntary Assignment,” which is an alternative to bankruptcy.
Updated: 09/22/2011 03:08P