Latest Legal Advertising News
German Lehman investors lose legal battle for compensation
The country's highest criminal court decided the investors had not been given insufficient or incorrect advice by the German bank Hamburger Sparkasse, and said the bankruptcy of the US financial institution had not been predictable.
Updated: 09/27/2011 01:51P
Why the US Should Not Abandon Its Clean Energy Lending Programs
The program's website refers to 63000 jobs created with $38.6 billion of loans. Some, like those at the Washington Post, see this number and incorrectly conclude that the government has spent $600000 per job. Others cite the size of the loan guarantee
Updated: 09/27/2011 01:49P
A Fresh Start at Gianfranco Ferr
Two years later, the brand went into bankruptcy protection. In March, Dubai-based retailer Paris Group bought Ferr and fired its designers. This season was an attempt at a fresh start with a new design duo, Stefano Citron and Federico Piaggi.
Updated: 09/27/2011 01:48P
Lehman Judge Refuses to Dismiss Brokerage's $346 Million Claim Against RBS
Royal Bank asked US Bankruptcy Judge James Peck in Manhattan to dismiss the claim. Alternatively, it asked him to put on hold the brokerage's move to gather information to pursue its demand while Royal
Updated: 09/27/2011 01:42P
Golf Course Developer Admits Bankruptcy Fraud
CINCINNATI -- Golf course and real estate developer Michael R. Macke, 61, of Cincinnati, pleaded guilty in US District Court to one count each of bankruptcy fraud and money laundering on Monday. According to court documents, Macke, over the course of
Updated: 09/27/2011 01:40P
Solyndra cleared for bankruptcy auction
US Bankruptcy Judge Mary Walrath in Delaware approved the plan for an Oct. 27 auction of the business, citing the support for the plan by the Department of Energy (DOE). She also directed the company to attend a major trade show next month to find a
Updated: 09/27/2011 01:29P
Dodgers Seek Delay of MLB's Request to File Plan for Sale
27 (Bloomberg) -- The Los Angeles Dodgers asked a judge to postpone a hearing on Major League Baseball's request to strip the team of control over its bankruptcy case while allowing it to continue seeking approval to market future telecast rights.
Updated: 09/27/2011 01:23P
Solyndra cleared for Oct. 27 bankruptcy auction
WILMINGTON, Del., Sept 27 (Reuters) - Solar panel maker Solyndra LLC, which filed for bankruptcy after borrowing $535 million from the US government, on Tuesday was cleared to begin a quick sale process that some creditors criticized as
Updated: 09/27/2011 01:20P
Ninth Circuit Allows Discharge of Debt Related to Securities Law Violation
The US Court of Appeals for the Ninth Circuit has found that debts relating to a securities law violation could be discharged in a Chapter 7 bankruptcy proceeding if the debtor himself was not responsible for violating federal securities laws.
Updated: 09/27/2011 01:16P
Accounting major Deloitte sued for $7.6 billion
They even sold the same mortgage several times to Ocala, Federal Home Loan Mortgage Corp. and Colonial, which Deloitte failed to discover, the lawsuit alleged. “Deloitte missed this fraud because it simply accepted management's conflicting,
Updated: 09/27/2011 01:15P
Primary Categories