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High-profile KEL law firm trims work force
Mistakes in a consumer-bankruptcy case involving Sanchez and the inadvertant violation of a related court order drew the wrath of US Bankruptcy Judge Arthur Briskman, who temporarily barred KEL from practicing bankruptcy law in the Middle District of
Updated: 10/06/2011 10:51P
Communication, Performance Crucial to Work-Life Balance, Says GC
Karen Shaer has taken what she calls a "serendipitous" route to her post as general counsel at Garden City Group Inc., a legal administrative services provider for class action settlements and bankruptcy cases. It's a path that was at least partially
Updated: 10/06/2011 10:41P
Restaurant News Bites: Real Mex, Twin Peaks, Ruth's Chris
Real Mex Restaurants is currently filing for Chapter 11 bankruptcy as part of the restructuring of their capital system. This filing and process won't have any effect on the restaurants owned by the company or their operation.
Updated: 10/06/2011 10:38P
Capmark Financial Group Emerges From Bankruptcy
(BUSINESS WIRE)--Capmark Financial Group Inc. announced that it and certain of its debtor subsidiaries emerged from bankruptcy on September 30, 2011. As announced by the Company, on the Effective Date the Company and certain of its debtor subsidiaries
Updated: 10/06/2011 10:14P
Last-minute deal gives Kingsbury a reprieve
"Peace broke out," said Robert Keach, the company's bankruptcy attorney in explaining the last-minute deal in Bankruptcy Court in Manchester, though perhaps "truce" would more aptly describe the situation. The company, which was shut down on Sept.
Updated: 10/06/2011 10:13P
ANALYSIS-Solyndra casts shadow on U.S. energy loan aid
The Obama administration has marshaled a patchwork of loans, guarantees, tax credits and grants to bridge the gap, trying to use the programs to spur the languishing industry at a time the US economy was in dire need of jobs.
Updated: 10/06/2011 10:13P
Mark Pipkin: Pre-Paid Funerals To Be Honored At New Mortuary
Little did he know that Pipkin would later file for Bankruptcy. “I wanted to make sure if something happened, the kids wouldn't have a problem,” Fisher said. “I thought it would be alright.” Fisher cashed out a life insurance policy and signed over a
Updated: 10/06/2011 10:08P
American Airlines Saddled With High Costs
American Airlines is the only major airline that has not filed for bankruptcy protection in the last decade. Buy Photo TONY GUTIERREZ | THE ASSOCIATED PRESS By SCOTT MAYEROWITZ NEW YORK | American Airlines' CEO is proud that his company,
Updated: 10/06/2011 10:04P
Head of DOE loan office resigns in midst of Solyndra furor
WASHINGTON (CNN) -- The head of the US Department of Energy's Loan Program Office has resigned amid a fiscal firestorm over the bankruptcy of a company that received a $535 million federal loan, DOE Secretary Steven Chu said.
Updated: 10/06/2011 09:53P
Deep in Debt, Chinese Builders Risk Bankruptcy
As credit tightens in China, real estate is feeling the pinch, and the debts of builders are going up. The combined debt of 106 listed companies was over one trillion yuan in the first half of 2011, according to Hong Kong media reports.
Updated: 10/06/2011 09:35P