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Ex-SemGroup CEO Kivisto settles SEC suit
SemGroup filed for Chapter 11 bankruptcy in July 2008 after acknowledging $2.7 billion in losses. At the time of the bankruptcy, the company owed about $130 million to Kansas producers. The company operated several offices in Kansas, including one in
Updated: 10/19/2011 12:08P
I-Team Blog: Did Borders sell your info?
Borders recently filed for bankruptcy, and the company got Bankruptcy Court approval to sell its customer information to Barnes & Noble bookstores. · Information customers shared with the Borders website, including name, address, and email address.
Updated: 10/19/2011 12:02P
Jewish Times bankruptcy case extended
The parties involved in the Alter Communications bankruptcy case have been granted a 30-day extension to come together on a plan for post-Chapter 11 restructuring. Judge James F. Schneider had given Alter — publisher of the Baltimore
Updated: 10/19/2011 11:58A
Violence mars demonstrations in Greece
Violence has marred huge demonstrations in Greece as unions launched a two-day general strike ahead of a vote on a new bill tightening the financial screws in a bid to stave off bankruptcy. Police in Athens clashed with protesters outside parliament on
Updated: 10/19/2011 11:58A
Pa. closing in on Hbg. fiscal takeover
The capital city also is in the early stages of filing for Chapter 9 municipal bankruptcy protection. The commonwealth, Dauphin County and Mayor Linda Thompson have argued the filing, submitted Oct. 11 to the US Bankruptcy Court for the Middle District
Updated: 10/19/2011 11:49A
Borders customers' deadline
Borders, which had locations in Shrewsbury and Marlboro, filed for bankruptcy over the summer and closed all its stores. A federal bankruptcy court last month approved the sale of Borders' customer information to former rival Barnes & Noble.
Updated: 10/19/2011 11:48A
NDP tables pension legislation
The proposed Pension Protection Act would move pensioners to the front of the line of creditors to be paid out during bankruptcy or restructuring proceedings. Pensions are earned, explains Marston, and should be recognized as deferred wages.
Updated: 10/19/2011 11:45A
Deutsche Bank Asks Bankruptcy Judge to Reprice $2.4 Billion Lehman Claim
At a court hearing today, US Bankruptcy Judge James Peck told lawyers for Deutsche Bank, “My understanding is that Deutsche Bank bought the claims under an acquisition agreement. You acquired affiliate claims and you can't improve your position simply
Updated: 10/19/2011 11:42A
Wolff & Samson Attorney Named Among 'Best Lawyers' In Nation
He is being recognized by as a nationwide 'Best Lawyer' in the areas of bankruptcy and creditor-cebtor rights and also bankruptcy litigation, according to the law firm. Nies practices in Wolff & Samson's Bankruptcy and Creditors' Rights Group,
Updated: 10/19/2011 11:34A
Bill O'Reilly: President Obama Spending Our Money
By Bill O'Reilly With a number of European countries on the verge of bankruptcy, which is badly damaging the worldwide economy, attention is now shifting to the USA because bankruptcy could be looming here as well. Please listen closely to these
Updated: 10/19/2011 11:29A
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