Latest Legal Advertising News
Ultra Resources completes Banning Lewis Ranch purchase
Ultra Resources Wednesday confirmed it completed its $20 million purchase of most of the Banning Lewis Ranch, setting the stage for a US Bankruptcy Court battle with the city of Colorado Springs over whether city land-use agreements should remain
Updated: 10/12/2011 12:48P
Popular Mexican Restaurant Chain Files for Bankruptcy
As more and more Americans cut costs during the recession by opting for homemade meals, large restaurant chains are finding it more difficulty to feed their corporate owners. This unfortunate reality was recently illustrated by the bankruptcy filing of
Updated: 10/12/2011 12:47P
UAW-Chrysler tentative deal brings 2100 jobs, $4.5B invested in U.S. plants
The UAW said the agreement would add 2100 new jobs and $4.5 billion in new investments at Chrysler's US plants. “Less than three years ago, Chrysler was teetering on the edge of bankruptcy as our nation was thrown into the worst economic crisis since
Updated: 10/12/2011 12:45P
Kodak Said to Face Pressure From Bondholders on Patent Sale
Separately, “a significant amount” of holders of Kodak's unsecured debt have talked with Andrews Kurth LLP in New York to explore their options and rights, said Paul Silverstein, co- chair of the law firm's bankruptcy and restructuring practice.
Updated: 10/12/2011 12:41P
No Contagion Seen From Harrisburg Bankruptcy
NEW YORK (TheStreet) -- The Harrisburg, Pa., city council voted to file for Chapter 9 bankruptcy, a decision catalyzed by an incinerator program that put the city deep into debt. The 4-3 council decision called for
Updated: 10/12/2011 12:37P
Harrisburg Files For Chapter 9 Muni Bankruptcy To Stop State Takeover
Harrisburg, Pennsylvania's capital city, filed for municipal bankruptcy today, ending months of bitter infighting just days before state lawmakers are scheduled to vote on a possible takeover of the city's finances. The Wall Street Journal reports that
Updated: 10/12/2011 12:36P
Trump to Pay $170 Million for Florida's Luxury Doral Golf Resort Property
Donald Trump agreed to pay $170 million for Miami's Doral Golf Resort & Spa, a luxury property put into bankruptcy earlier this year by hedge fund Paulson & Co. and Winthrop Realty Trust.
Updated: 10/12/2011 12:31P
Harrisburg, Pa., City Council Files for Bankruptcy, But Mayor Says Petition is
Pennsylvania's financially distressed capital city is seeking Chapter 9 bankruptcy, citing overwhelming debt, but Harrisburg's mayor and top city lawyer said the filing signed by a City Council member was not legal. The petition docketed by US Middle
Updated: 10/12/2011 12:27P
Harrisburg mayor spokesman: City Council's bankruptcy vote illegal per city law
By ERIC VERONIKIS, The Patriot-News Harrisburg City Council's vote to hire a lawyer to fight a state takeover on behalf of the city and its second vote to seek bankruptcy protection are illegal per city law, said Robert Philbin, spokesman for Mayor
Updated: 10/12/2011 12:22P
Pennsylvania state capital declares bankruptcy
Pennsylvania's state capital Harrisburg has declared bankruptcy, according to a court filing seen on Wednesday, raising the specter of a string of local defaults across the United States. The city -- whose finances have been ravaged by the costs of
Updated: 10/12/2011 12:22P
Primary Categories