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LOS ANGELES — The Dodgers' bankruptcy trial has been postponed for one month so Dodgers owner Frank McCourt and Major League Baseball can explore a possible settlement under which McCourt would agree to sell the team, multiple people familiar with the
Updated: 10/27/2011 01:38A
Pillsbury Winthrop Shaw Pittman | Advisory-California Restricts Access of
Chapter 9 of the Bankruptcy Code is similar to Chapter 11, which is applicable to most private companies except banks and insurance companies, in that both provide for a mechanism for the restructuring of obligations under the protection of the
Updated: 10/27/2011 01:21A
Lehman Reaches Accord to Reduce Danske Bank's Bankruptcy Claim
Oct. 27 (Bloomberg) -- Lehman Brothers Holdings Inc. and Danske Bank A/S agreed to reduce the Danish bank's bankruptcy claim to $580 million and have it support Lehman's reorganization plan, according to a court filing.
Updated: 10/27/2011 01:15A
Serepisos property transfer under investigation
A government agency investigating the bankruptcy of Wellington businessman Terry Serepisos is to look at assets involved in a property transfer. The Insolvency and Trustee Service says several apartments and car parks were transferred from Century City
Updated: 10/27/2011 01:09A
Wisconsin Woman Army's First Black, Female Two-Star General
It's Marcia Anderson's first day back at her civilian job as clerk of the US Bankruptcy Court in Madison. “It's just a beautiful fall morning in Wisconsin, and I walked in the building and everyone greeted me as though I had just left yesterday.
Updated: 10/27/2011 01:02A
Dodger TV rights hearing postponed but to what end?
The rumors were flying today that the one-month postponement of the winner-take-all bankruptcy court hearing on Frank McCourt's ability to prematurely sell the Dodgers' post-2013 TV rights (what a mouthful that was) was actually a sign that a deal was
Updated: 10/27/2011 12:51A
Dodger TV rights hearing postponed, but to what end?
The rumors were flying today that the one-month postponement of the winner-take-all bankruptcy court hearing on Frank McCourt's ability to prematurely sell the Dodgers' post-2013 TV rights (what a mouthful that was) was actually a sign that a deal was
Updated: 10/27/2011 12:51A
Kodak Lenders Send Board Letter on Fiduciary Duty in Asset Sale
Separately, a group of Kodak's unsecured lenders have hired law firm Andrews Kurth LLP in New York to explore their options and rights, said Paul Silverstein, co-chair of the law firm's bankruptcy and restructuring practice.
Updated: 10/27/2011 12:49A
Lehman, Dodgers, Dallas Stars, AmTrust, Harrisburg: Bankruptcy
The property sustained water damage that the insurance company declined to cover. GECC, based in Stamford, Connecticut, contends that the plan improperly cuts off claims against the insurance company and the affiliate that owns the practice facility.
Updated: 10/27/2011 12:35A
Dodgers, MLB Postpone Court Hearing to Try for Settlement
The bankruptcy judge overseeing the team's case yesterday delayed until Nov. 29 a hearing over control of the team to allow the two sides to try to settle, said the people, who declined to be identified because the talks are private.
Updated: 10/27/2011 12:34A
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