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OVERNIGHT ENERGY: House lawmakers prepare for silent Solyndra hearing
The hearing will nonetheless offer lawmakers on the panel an opportunity to bash the company, which declared bankruptcy earlier this month about two years after receiving a $535 million loan guarantee from the Obama administration.
Updated: 09/22/2011 07:30P
Travelport Lays Out Prepackaged Ch. 11 Plan
The disclosure statement is a step toward filing for bankruptcy protection, which the company said it would do once it receives approval of the disclosure statement from certain lenders and equity holders. According to the filing,
Updated: 09/22/2011 07:24P
More Big Bankruptcy Fees for Lawyers in Madoff, Lehman Cases
Lehman's total bankruptcy tab to outside advisers now stands just north of $1.4 billion. Weil, the Lehman estate's lead bankruptcy counsel, billed another $8.1 million last month, bringing its total haul in the case—whose three-year anniversary passed
Updated: 09/22/2011 07:09P
Oakland Tribune editorial: Gov. Brown should veto municipal bankruptcy bill
AB506 would place major, time-consuming obstacles in the way of cities and counties that seek bankruptcy protection from their creditors. The bill would force local governments to submit their cases to a "neutral" mediator with extraordinary authority
Updated: 09/22/2011 07:07P
Contra Costa Times editorial: Gov. Brown should veto municipal bankruptcy bill
AB506 would place major, time-consuming obstacles in the way of cities and counties that seek bankruptcy protection from their creditors. The bill would force local governments to submit their cases to a "neutral" mediator with extraordinary authority
Updated: 09/22/2011 07:06P
Law firm moves, expands
The firm has also added two attorneys and expanded to include bankruptcy law, according to a news release. Established in 1984, the firm has seven lawyers, covering such areas as residential and commercial real estate; corporate, business, banking,
Updated: 09/22/2011 07:03P
GOP opens new attack on green energy
Darrell Issa opened a new front Thursday in the GOP attack on renewable energy subsidies following the bankruptcy of Fremont solar manufacturer Solyndra, accusing the Obama administration of waging a "war on carbon-based energy" and exaggerating claims
Updated: 09/22/2011 06:59P
Solyndra Executives Opt To Remain Silent, Point Fingers At DOE For Bankruptcy
Miller's recap of Solyndra's final days appears to blame the DOE for the company's bankruptcy. If the agency had agreed to a "lifeline deal" featuring a new investment structure, Solyndra may have been able to avoid bankruptcy, he said.
Updated: 09/22/2011 06:58P
Blake Lapthorn | the flip that didn't flop: contracting out of insolvency
The keenly awaited decision of the Supreme Court in Belmont Park Investments Pty Ltd v BNY Corporate Trustee Services Ltd deals with an old insolvency chestnut; namely the public policy limitation on the right to contract out of the statutory
Updated: 09/22/2011 06:49P
Florida Stage files for Chapter 7 bankruptcy
Florida Stage filed for Chapter 7 bankruptcy Thursday with the US Bankruptcy Court in West Palm Beach, listing more than $2.7 million in debts and $367330 in assets. The only secured creditor is PNC Bank, which holds a $223000 mortgage
Updated: 09/22/2011 06:40P
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