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Katten Muchin Rosenman LLP | ZING VII—Implications for the Bankruptcy
The court found that the indenture may be rejected as an executory contract under the Bankruptcy Code and mentioned in dicta that “any knowledgeable attorney opining on the enforceability of a contract will disclaim the effects of bankruptcy law.
Updated: 09/28/2011 09:17P
Veto municipal bankruptcy bill
In fact, that is the primary intention of AB506 - to effectively prevent local governments from using the possibility of bankruptcy as leverage to reach cost-saving agreements with public-employee unions. We urge Brown to act in the best interest of
Updated: 09/28/2011 09:10P
Atlantic House auction cancelled
YORK — The owners of Atlantic House at York Beach have declared Chapter 11 bankruptcy for eight condominium hotel units that had been scheduled to go to auction today, Wednesday, Sept. 28. The auction was cancelled after the bankruptcy
Updated: 09/28/2011 09:03P
WTOL.com - Toledo's News Leader | Mets ruling will delay payouts to Madoff victims
Sheehan said court-appointed trustee Irving Picard expects to appeal the ruling, which was contrary to findings made by a bankruptcy judge and another district judge. Sheehan said checks that were supposed to be mailed to investors on Friday will be
Updated: 09/28/2011 08:49P
KUSI News Weather Sports San Diego Mets ruling will delay payouts to Madoff
Sheehan said court-appointed trustee Irving Picard expects to appeal the ruling, which was contrary to findings made by a bankruptcy judge and another district judge. Sheehan said checks that were supposed to be mailed to investors on Friday will be
Updated: 09/28/2011 08:49P
Scrutiny befalls Greece; bailout hinted
ATHENS: EU and IMF inspectors will return to Greece on Thursday to decide whether Athens has done enough to secure a new batch of aid vital to avoid bankruptcy, while Germany suggested a new bailout may have to be renegotiated.
Updated: 09/28/2011 08:43P
Judge sides with trustee on Mastro rings, property
US Bankruptcy Judge Marc Barreca ruled yesterday that two diamond rings worth $1.4 million – referred to as the “big rings” in the filing – and other household property are not Linda Mastro's separate property but belong to husband Michael R. Mastro's
Updated: 09/28/2011 08:36P
Caldwell woman indicted for bank and bankruptcy fraud
The charges of falsification of records in bankruptcy, mail and wire fraud are each punishable by up to 20 years in prison, a maximum fine of $250000, and up to three years of supervised release. The charged bankruptcy crimes are each punishable by up
Updated: 09/28/2011 08:16P
GM sees "minimal" impact on profits from UAW deal (NEWS.GNOM.ES)
ES) – Workers represented by the United Auto Workers union approved on Wednesday a four-year labor contract with General Motors Co, the first such deal for the top US automaker since its 2009 bankruptcy. Ratification of the GM deal, which covers 48500
Updated: 09/28/2011 08:13P
Caldwell resident indicted for bank and bankruptcy fraud
13 for bank fraud, mail fraud, wire fraud, bankruptcy fraud, false declarations, and falsification of records in a bankruptcy, according to a release from US Attorney for Idaho, Wendy J. Olson. Pennington made her initial appearance Wednesday in US
Updated: 09/28/2011 08:00P
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