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Bankruptcy judge Asked to Step Aside by Law Firms
A group of 16 prominent law firms tat are being sued as part of the Heller Ehrman/Anna Nicole Smith bankruptcy case have asked that the suit be heard not be a bankruptcy judge but instead by a federal district judge. This motion regarding the dead
Updated: 10/04/2011 01:00P
AG Warns former Borders Customers
As part of the agreement, Barnes & Noble will send an email to all Borders customers whose information is being transferred and clearly explain what information is being transferred and how to opt-out. In an effort to reach affected consumers without
Updated: 10/04/2011 01:00P
Creditors: Crystal Cathedral's Schullers used influence for gain
According to a bankruptcy exit plan filed by the committee, insiders will be the last paid after the sale of the church campus. But Schuller, his wife and other relatives want to be paid the same time as other creditors -– which resulted in the lawsuit
Updated: 10/04/2011 12:57P
AG: Borders customers' info to be sold to B&N
Borders, which recently went bankrupt, was allowed by Bankruptcy Court to sell its customer information to Barnes and Noble bookstores. In court, Barnes and Noble agreed to “protect this sensitive information” and that Borders customers who do not want
Updated: 10/04/2011 12:55P
AMR pressured but not ready for bankruptcy: experts
The stock bounced 17 percent to $2.31 on Tuesday as the market began to shrug off the bankruptcy speculation. "The key thing is that their position is weakening faster than anyone else's," said Bill Warlick, analyst at Fitch Ratings.
Updated: 10/04/2011 12:54P
Ex-UGA coach Donnan abandons proposed settlement
Donnan attorney Ed Tolley said at a Tuesday court hearing he was withdrawing the $5.5 million settlement the ex-coach brokered with the West Virginia-based liquidation company GLC Ltd. The move came after US Bankruptcy Judge James Smith said the deal
Updated: 10/04/2011 12:52P
Dodgers, MLB to mediate differences
The judge presiding over the Los Angeles Dodgers bankruptcy case has formally appointed a mediator, who is charged with trying to get the team and Major League Baseball to settle their differences over a reorganization plan for the Dodgers.
Updated: 10/04/2011 12:48P
AMR pressured but not ready for bankruptcy, experts say
The stock bounced 17 percent to $2.31 on Tuesday as the market began to shrug off the bankruptcy speculation. "The key thing is that their position is weakening faster than anyone else's," said Bill Warlick, analyst at Fitch Ratings.
Updated: 10/04/2011 12:47P
Owner of Restaurant Chains Files for Bankruptcy
The owner of three popular Mexican-style food chains has filed for bankruptcy protection, blaming the economic slowdown for a decline in sales. RM Restaurant Holding Company is headquartered in Cypress and it operates the Chevys, El Torito and Acapulco
Updated: 10/04/2011 12:46P
Owner of central Indiana's Hoosier Park casino and horse track emerges from
AP ANDERSON, Ind. — The company that owns central Indiana's Hoosier Park casino and horse track is now out of bankruptcy with about one-third of the debt it had when it filed for bankruptcy protection last year. The transfer of ownership of the
Updated: 10/04/2011 12:46P
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