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Madoff Judge Stops Cayman Lawsuit Against Trustee Picard
Oct. 13 (Bloomberg) -- A lawsuit against the liquidator of Bernard Madoff's firm in the Cayman Islands was stopped by a US bankruptcy judge who said Maxam Absolute Return Fund Ltd.'s action was “a clear attack on this court's exclusive
Updated: 10/13/2011 11:22A
12 Companies That Could Go Bankrupt Very Soon
GM's (NYSE: GM) debt load crashed the company, forcing it into bankruptcy, while many other companies such as GE (NYSE: GE), Ford Motor (NYSE: F), Hertz (NYSE: HTZ) and Domino's Pizza (NYSE: DPZ) saw their stocks plunge on fears a bankruptcy filing
Updated: 10/13/2011 11:07A
SEC dismisses action against Goto
On 21 March, 2005, Goto was permanently barred from association with any broker, dealer, and investment adviser. On October 20, 2004 Goto filed for bankruptcy, which was resolved as a fully administered Chapter 7 bankruptcy on 1 April, 2011.
Updated: 10/13/2011 11:05A
Vegas valuation
First, it was important to understand the legal nuances of bankruptcy valuation. Whether you are litigating valuation in the context of eminent domain, tax assessment or any other area of the law, it is critical to understand the law in that area.
Updated: 10/13/2011 10:53A
Fewer People in Debt Trouble Seeking Counseling
Bankruptcy is considered a last resort, and the cost of lawyers and other fees have gone up since the bankruptcy law changed in 2005. Also, filing for bankruptcy is a way for financially strapped people to protect their remaining assets from creditors.
Updated: 10/13/2011 10:37A
FSLR, SPWRA In Republicans' Sites In Loan Inquiry
House Republicans are requesting details on loan guarantees given to First Solar (FSLR) and SunPower (SPWRA). Clark cites a statement by Department of Energy representative Damien LaVera, who says in the case of SunPower's $1.2 billion loan for a
Updated: 10/13/2011 10:35A
Harrisburg's Residents Weigh Bankruptcy Against 'Fiscal Suicide'
“Taxes are going to go sky high.” As protesters from New York to Los Angeles stage sit-ins demanding that Wall Street atone for the economic collapse, this state capital is debating its own version of the dilemma: how to share the burden among a city
Updated: 10/13/2011 10:35A
FSLR, SPWRA In Republicans' Sights In Loan Inquiry
Stephen Clark with Fox News this morning reports that the congressional inquiry into the funding debacle that concluded with Solyndra's bankruptcy in August is expanding. House Republicans are requesting details on loan guarantees given
Updated: 10/13/2011 10:33A
Links: That fee, the case against new emissions rules, and more on Harrisburg
(Post-Gazette) The Dauphin County won't let Harrisburg's bankruptcy petition stand, reports the Patriot-News. Federal law requires the city to have the state's permission to file for Chapter 9. Been feeling like a punching bag? witf Morning Edition
Updated: 10/13/2011 10:24A
Solyndra CEO quits, bankruptcy expert lined up as replacement
Solyndra Inc. has asked a bankruptcy court to allow it to hire a bankruptcy expert following the departure of CEO Brian Harrison, who left the company on Oct. 7, according to a court filing. Reuters reports Solyndra wants to appoint Todd Neilson of
Updated: 10/13/2011 10:14A
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