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Mark iIV ruling: district court affirms bankruptcy court's denial of discharge
The salient question in the Mark IV cases, therefore, was: which environmental obligations are considered “claims” in bankruptcy? Under the Bankruptcy Code, a claim includes “a right to an equitable remedy for breach of performance if such breach also
Updated: 10/27/2011 08:30A
Clock Tower debts force couple to go bankrupt
Gwen Fearon, 54, and her husband Sean, 58, both filed bankruptcy petitions at Barrow County Court in an attempt to deal with outstanding debts, just three months after putting the iconic Clock Tower up for let. In the statutory bankruptcy notice
Updated: 10/27/2011 08:28A
Europe crafts debt deal, markets respond with boost
Prime Minister Stephen Harper, Finance Minister Jim Flaherty and Bank of Canada Governor Mark Carney have all expressed frustration in recent weeks with the inability of the 17 members of the EU to come up with an agreement in recent months.
Updated: 10/27/2011 08:20A
Assignment Of Franchise Agreement By A Trustee In Bankruptcy
Welcome Ford Sales Ltd. 1 may have significant implications for franchisors whose franchisees become insolvent, as the Alberta Court of Appeal ruled that, pursuant to the Bankruptcy and Insolvency Act of Canada ("BIA"), a franchise agreement may be
Updated: 10/27/2011 08:07A
Q&A: Bankruptcy might be best option for stranded senior
ANSWER: Rather than give you the standard advice about trying to complete a short sale, I will ask you to think about bankruptcy. More seniors are turning to bankruptcy relief to deal with monetary problems from bad investments to just having to live
Updated: 10/27/2011 08:06A
Lehman Claims Deal, Kirch Group Trial, Saab Pay: Bankruptcy
Lehman Brothers Holdings Inc. (LEHMQ) 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. Danske Bank in 2009 filed a
Updated: 10/27/2011 08:03A
E&P Names Mike Klingensmith Top Publisher
Mike Klingensmith, who has guided the post-bankruptcy Minneapolis Star Tribune to success as its publisher and CEO, was named the 2011 Publisher of the Year by Editor & Publisher magazine. By Staff Editor & Publisher magazine today announced that it
Updated: 10/27/2011 07:59A
New California Law Will Restrict Cities' Access To Bankruptcy Under Chapter 9
We provide litigation, corporate law and real estate services to clients ranging from start-up companies to Fortune 500 multinationals, with a focus on matters involving private equity, technology companies, real estate capital markets,
Updated: 10/27/2011 07:55A
Cosmetics giant subsidiary's bankruptcy process extended by six months
Capital Estate is a real estate subsidiary of the Arbat Prestige cosmetics retailer. The extension request was filed by the company's bankruptcy administrator. The next session of the bankruptcy report hearing has been scheduled for April 26.
Updated: 10/27/2011 07:52A
The problem is crony capitalism
Capitalism is so successful an economic system partly because of an internal discipline that allows for loss and even bankruptcy. It's the possibility of failure that creates the opportunity for triumph. Yet many of America's major banks are too big to
Updated: 10/27/2011 07:51A
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