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Dodgers try lowering season-ticket prices to lure fans back
Sort of like the team declaring bankruptcy, ownership being in chaos, the team finishing in third place, no-shows skyrocketing and no one having a real clue what's going to happen in the off-season. Who wouldn't line up at the ticket window?
Updated: 10/24/2011 04:05P
Loan approved for Las Vegas Mob Experience
Bankruptcy Judge Bruce Markell approved the plan in which an existing Experience investor, John Vipulis, has agreed to loan the attraction $375000 on a short-term basis. He also plans to buy The Experience for about $2 million under a fast-track plan
Updated: 10/24/2011 04:01P
JPMorgan Seeks to Seal Data in $6 Billion Fight With Lehman
Congress created the law to protect banks lending to faltering companies, JPMorgan has said. JPMorgan, which lent $70 billion to Lehman's brokerage around the time of the September 2008 bankruptcy, sued Lehman back, alleging it defrauded its lender
Updated: 10/24/2011 03:50P
Amish man charged with defrauding millions wants no-contest plea on religious
Beachy's investment company filed for bankruptcy protection last year. The defense highlighted the religion issue in a request to delay Beachy's Tuesday arraignment in Youngstown because of a schedule conflict.
Updated: 10/24/2011 03:48P
Researcher Analyzes Who Ends Up 'Housebroke'
Jerry Anthony, associate professor in the UI School of Urban and Regional Planning, examined data collected by the Consumer Bankruptcy Project at Harvard University of households from across the United States that filed for bankruptcy in 2007.
Updated: 10/24/2011 03:44P
Lehman, SunCal Settle Bankruptcy Dispute
According to papers filed Sunday in US Bankruptcy Court in Santa Ana, Calif., SunCal and Lehman signed a term sheet calling for the land developer to back Lehman Brothers' Chapter 11 plans for the projects. While the pact doesn't erase all objections
Updated: 10/24/2011 03:40P
Farm sale tax dispute headed to Supreme Court
Oct. 24 (Westlaw Journals) - The US Supreme Court is set to hear a dispute over whether a farmer who has filed a Chapter 12 petition may rely on a Bankruptcy Code provision making the capital gains tax from the bankruptcy sale of a farm dischargeable.
Updated: 10/24/2011 03:37P
Bankruptcy Court Rejects Triangular Setoff Rights in ISDA Agreement
On October 4, 2011, in the case of In re Lehman Brothers Inc., the Bankruptcy Court in the Southern District of New York (the "Court") held that a cross-affiliate setoff provision contained in a swap agreement was not enforceable under the provisions
Updated: 10/24/2011 03:37P
Lehman brokerage has spent $642M to liquidate
Trustee James Giddens and his law firm have earned about $169 million since Lehman Brothers Holdings Inc. filed for bankruptcy in September 2008. Trustee James Giddens and his law firm have earned about $169 million since Lehman Brothers Holdings Inc.
Updated: 10/24/2011 03:35P
Fighting Over John Paulson's Plans for Bankrupt Hotels
Hedge-fund manager Paulson & Co. is facing opposition to a deal with insurance giant MetLife Inc. that would sidestep a looming battle for control of a group of luxury resorts under bankruptcy-court protection.
Updated: 10/24/2011 03:34P
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