Latest Legal Advertising News
Philadelphia lawyer target of fraud allegations in Liberty State bankruptcy
In a new series of fraud allegations against Philadelphia lawyer Michael Kwasnik, a bankruptcy trustee in Wilmington contends that he participated in transactions that improperly drained more than $1 million from a failed investment
Updated: 10/24/2011 03:06A
Debt incinerates holiday parade in Pennsylvania's capital
Pennsylvania's financially distressed capital city is seeking Chapter 9 bankruptcy Wednesday, Oct. 12, 2011, citing overwhelming debt, but Harrisburg's mayor and top city lawyer said the filing signed by a City Council member was not legal.
Updated: 10/24/2011 02:41A
Liquidation specialist warns of mainland risks
Alan Tang, the head of specialist advisory services at ShineWing, says foreign investors should be prepared to compromise or cut losses when their mainland investments fail. The mainland may register only a few bankruptcy cases every year but the
Updated: 10/24/2011 02:30A
Sleaze MP faces new jail threat
DISGRACED expenses swindler Jim Devine may end up back behind bars — as he faces eviction in his bankruptcy case. The former MP, 58 — who was freed early from jail for fiddling public cash — could be kicked out of his £165000 home
Updated: 10/24/2011 02:19A
Current crisis more dangerous than last
By Tang Shuangning (Global Times) The bankruptcy of Lehman Brothers in September 2008 signaled the transformation of the American sub-prime crisis into the Global Financial Crisis. Since then, Wall Street has not been completely dead just as the global
Updated: 10/24/2011 02:13A
Sri Lanka power sector facing bankrupcy: minister
Oct 24, 2011 (LBO) - Sri Lanka's power utility has lost 167 million rupees a day in August amid dry weather and power sector faces bankruptcy unless tariffs are adjusted, power minister Champika Ranawaka has said. The daily numbers points to a monthly
Updated: 10/24/2011 02:12A
Sri Lanka power sector facing bankruptcy: minister
Oct 24, 2011 (LBO) - Sri Lanka's power utility has lost 167 million rupees a day in August amid dry weather and power sector faces bankruptcy unless tariffs are adjusted, power minister Champika Ranawaka has said. The daily numbers points to a monthly
Updated: 10/24/2011 02:12A
Selig Bends Rules to Fit in Effort to Oust McCourt From Dodgers
The NFL has a straightforward $150 million-a-team debt cap and requires owners to seek league permission for each bank loan. Manfred says the nine-year-old debt rule continues to be amended and strengthened but that, overall, it has served the business
Updated: 10/24/2011 01:41A
Harrisburg Receivership Bill Shows States Faster to Take Control
5, Vallejo, California, emerged from a three-year bankruptcy. It cut its police force by a third, a move that drew prostitutes, pimps and drug dealers. A California law that takes effect in January makes it more difficult for municipalities to declare
Updated: 10/24/2011 01:41A
Lehman, Innkeepers Trust, Madoff, Tribune, Xanadoo: Bankruptcy
The reduced price resulted from negotiation conducted in the face of a lawsuit scheduled for trial earlier this month where Innkeepers was asking the court to compel the buyers to carry out the original contract. Cerberus and Chatham argued in response
Updated: 10/24/2011 01:41A
Primary Categories