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Settlement agreement approved in bankruptcy court, Hoboken University Medical
By Summer Dawn Hortillosa / The Jersey Journal Summer Dawn Hortillosa/The Jersey JournalMayor Dawn Zimmer announced that the settlement agreement in the sale of Hoboken University Medical Center had been approved yesterday by a bankruptcy court Judge
Updated: 10/07/2011 12:16P
Maksima Holding Says All Debts Repaid
Ljubljana, 7 October (STA) - Maksima Holding, a company that was facing bankruptcy in 2009 after being involved in the failed MBO of holding Istrabenz, announced on Friday it had successfully executed its financial restructuring plan and repaid all of
Updated: 10/07/2011 12:12P
Are You Ready for 'The Real Housewives of . . . Silicon Valley'?
With the Real Housewives of various cities filing for bankruptcy almost as often as they get Botoxed, Bravo is setting its sights on one of the last places in America where people are actually making millions instead of losing them: That's right,
Updated: 10/07/2011 12:09P
Julie Wagner Brand Named Bankruptcy Judge for Central District
By a MetNews Staff Writer Los Angeles attorney Julie Wagner Brand has been named a judge of the US Bankruptcy Court for the Central District of California. The Ninth US Circuit Court of Appeals, which appoints the bankruptcy judges for all districts
Updated: 10/07/2011 12:04P
OpenRange Communications Files For Bankruptcy
Greenwood Village-based Open Range Communications, which was building out a rural mobile broadband network, has filed for bankruptcy, and has cut around 122 employees, according to reports. The news was first broken by Fierce Wireless.
Updated: 10/07/2011 12:03P
Southern District of New York decision finds that Bankruptcy Code section 546
In dismissing all but two of the Trustee's claims, the Court ruled that (1) the safe harbor provision in Section 546(e) of the Bankruptcy Code is applicable to transfers made by Bernard L. Madoff Investment Securities (“BLMIS”) to BLMIS customers and
Updated: 10/07/2011 11:54A
The Broke and the Beautiful: Sagamore Hotel Edition
This week on The Broke and the Beautiful, a fancy Miami Beach hotel checks into bankruptcy, while Beso LLC kisses Chapter 11 goodbye. Also this week, “The Donald” gets another brand under his belt, and the Dallas Stars are amping up
Updated: 10/07/2011 11:50A
Eastman Kodak Shares Climb as Company Works on New Strategy
THE SPARK: Kodak, which is trying to reinvent itself in a digital world, took a major hit last week when news leaked out that the company had hired Jones Day, a law firm that advises on bankruptcy protection and other restructuring options.
Updated: 10/07/2011 11:40A
Builders Settle Court Dispute in Nevada Development
According to a Bloomberg report, the three homebuilders settled with Focus South Group for a total of $1.2 billion, in exchange for Focus dropping its legal claims, and the settlement will make it easer for the project to exit bankruptcy.
Updated: 10/07/2011 11:28A
DOE loan chief steps down amid Solyndra backlash
“I'm looking forward to collaborating with the team on energy policy and energy finance issues,” he said. Prior to joining the DOE's Loan Programs Office, Silver was co-founder and a managing director of Core Capital Partners, a successful early-stage
Updated: 10/07/2011 11:25A