Latest Legal Advertising News
Judge Approves $120M In Old GM Ch. 11 Legal Fees
US Bankruptcy Judge Robert Gerber approved the requested compensation from about 25 law firms for their time devoted to the proceedings from June 2009 to March. About $2.4 million for GM's primary counsel, Weil Gotshal & Manges LLP, was approved
Updated: 10/13/2011 11:19P
Harrisburg Bankruptcy Shows Borrowers No Longer Willing To Be Shamed Into
Over the past day and a half, all kinds of pundits have confirmed this value judgment by piling on to the City of Harrisburg, Pennsylvania, after the fiscally beleaguered municipality chose to seek Chapter 9 bankruptcy protection rather than own up to
Updated: 10/13/2011 11:08P
Business Briefs: Oct. 14
The chairman and CEO of a California solar energy company that sought bankruptcy protection after receiving a half-billion-dollar loan guarantee from the Obama administration has resigned. Solyndra Inc. said in papers filed in Delaware bankruptcy court
Updated: 10/13/2011 11:06P
Leader Named At Solar Company
By THE NEW YORK TIMES A bankruptcy court on Thursday approved the hiring of a chief restructuring officer at the California energy company Solyndra. R. Todd Neilson, who served as the bankruptcy trustee for the boxer Mike Tyson and the rap impresario
Updated: 10/13/2011 11:05P
Citigroup Unit Sued by Fairfield Sentry Over Madoff-Related Redemptions
19, 2008, according to a complaint filed today by the liquidators in US Bankruptcy Court in New York. The liquidators accuse the Citigroup unit and unidentified investors in the Sentry funds of unjust enrichment and seek return of the payments plus
Updated: 10/13/2011 11:02P
Solyndra Struggles to Sell Assets
WASHINGTON -- Solar firm Solyndra LLC says the attention surrounding its government-guaranteed loan is making it harder to sell assets that could be used to pay back taxpayers. "Sale efforts have already been hindered by
Updated: 10/13/2011 10:51P
Solyndra CEO Resigns, Replacement Named
The chief executive of Solyndra, who refused to answer questions from Congress about the company's bankruptcy, has resigned amid scandal over a $535 million federal loan that was given to the struggling company, according to a new court filing.
Updated: 10/13/2011 10:42P
Federal agency warns Friendly's not to mess with employees pensions as
Friendly's announced last week it was closing 63 restaurants as part of a Chapter 11 bankruptcy reorganization, citing debts of $297 million. Sun Capital Partners intends to retain ownership of the chain as it reorganizes.
Updated: 10/13/2011 10:36P
Dodgers' bankruptcy could cost Frank McCourt plenty | The Republic
That's the tried-and-true formula in major professional sports, where even an owner who loses money running his team can cash in when he sells. Frank McCourt should be Exhibit A for this theory. McCourt bought the Los Angeles Dodgers for $421 million
Updated: 10/13/2011 10:33P
Solyndra Came Close to Landing Navy Deal
The role of RockPort Capital is a new twist in the Solyndra tale, which has focused largely on whether another Solyndra investor, the family foundation of billionaire George Kaiser, helped the firm secure a $535 million loan guarantee from the
Updated: 10/13/2011 10:31P
Primary Categories