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People & Practices – October 31
Brand has represented and advised small and large businesses, commercial lenders, and individuals in the areas of debtor/creditor law, bankruptcy, commercial litigation and related matters. Thomas, a former compliance officer for a large medical device
Updated: 10/28/2011 01:05P
La Polar Plunges After Chairman Says Past Profits Were 'Fake'
Oct. 28 (Bloomberg) -- Empresas La Polar SA, the Chilean department store operator that is trying to avert its second bankruptcy in 12 years, tumbled to a record low after it unveiled revised financial statements and its chairman
Updated: 10/28/2011 12:56P
KB Home Las Vegas-Area Development Approved to Exit Bankruptcy
“Absent the settlement and distribution schemes set forth in the plan, holders of unsecured claims would receive no distributions whatsoever,” US Bankruptcy Judge Bruce A. Markell in Las Vegas wrote in his order approving the reorganization plan
Updated: 10/28/2011 12:45P
La Polar Plunges to a Record Low After Chairman Calls Past Profits 'Fake'
Empresas La Polar SA (LAPOLAR), the Chilean department store operator that is trying to avert its second bankruptcy in 12 years, tumbled to a record low after it unveiled revised financial statements
Updated: 10/28/2011 12:43P
MLB, Frank McCourt near agreement?
The Dodgers bankruptcy hearings were postponed until late November so that owner Frank McCourt can look into a potential agreement with Major League Baseball, sources familiar with the situation told the Los Angeles Times.
Updated: 10/28/2011 12:36P
BANK OF AM., NA v. OWENS
In the winter of 2002, first Treiger and then Owens filed for bankruptcy. On June 19, 2002, the superior court entered a decree of dissolution but reserved final resolution of the property and debt issues until the conclusion of the bankruptcy
Updated: 10/28/2011 12:35P
IN RE GREGORY
The mandatory abstention provision states as follows: Upon timely motion of a party in a proceeding based upon a State law claim or State law cause of action, related to a case under [the Bankruptcy Code] but not arising under [the Bankruptcy Code] or
Updated: 10/28/2011 12:35P
IN RE BAUGH
Specifically, the debtors objects that: (1) the interest rate charged by B&K, if such interest is allowed, exceeds a reasonable rate of interest allowed under the Bankruptcy Code; (2) the legal fees charged for the services rendered since the
Updated: 10/28/2011 12:34P
IN RE HENDRIX-BARNHILL COMPANY, INC.
On March 15, 2011, the Debtor filed a voluntary petition for relief under Chapter 11 of the United States Bankruptcy Code (the "Bankruptcy Code"). The Debtor is a North Carolina corporation with its principal place of business located in Greenville,
Updated: 10/28/2011 12:34P
IN RE LAMBERT
On November 27, 2009, prior to the Appeals Court's ruling on the appeal, Ms. Lambert filed a petition under Chapter 13 of the United States Bankruptcy Code (11 USC § 101, et seq.), commencing the main case. Her case was converted to Chapter 7 on May 15
Updated: 10/28/2011 12:34P
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