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Former Rothstein GC Sued in $37.8 Million Clawback
The Sentinel's Jon Burstein reports that, despite Boden's April 2010 "tearful deposition" in which he claimed not to know that Rothstein was running fraudulent investments, the new suit alleges that "Boden was a co-conspirator in Rothstein's Ponzi
Updated: 10/28/2011 03:25P
Blockbuster Canada short $3.7M
Court documents show that after selling off all of its assets -- including movies, games, furniture and real estate -- in order to pay off secured creditors, Blockbuster Canada has no money leftover to pay unsecured creditors. In fact, Blockbuster owes
Updated: 10/28/2011 03:24P
Nine Lawyers Join Miles & Stockbridge PC
Michael J. Pappas, formerly with The Harrison Law Group in Baltimore, has joined the Real Estate Litigation Practice Group as counsel. Mike received his JD in 2002 from the University of Maryland School of Law, where he was Editor-in-Chief of the
Updated: 10/28/2011 03:22P
MF Global's warning bells
The problems that have left the company reportedly scrambling for a buyer and facing the risk of bankruptcy could be just an early sign of how problems in Europe's high-profile sovereign debt crisis could be quietly causing problems for many US
Updated: 10/28/2011 03:21P
Movers & shakers: AirlineFinancial.com's Robert Herbst
Analysts for the most part have come to AMR's defense amid the bankruptcy rumors, focusing largely on American's $4.8 billion cash balance and the cushion that affords. JP Morgan's Jamie Baker said in a note earlier in October that even assuming a mild
Updated: 10/28/2011 03:18P
White House orders review of Energy Department loans in wake of Solyndra
The White House is ordering a review of loan guarantees made by the Energy Department after a California solar company that got a half-billion-dollar federal loan went bankrupt. Congressional Republicans have been investigating the bankruptcy of
Updated: 10/28/2011 03:18P
White House orders review of Energy Department solar loans in wake of Solyndra
Congressional Republicans have been investigating the bankruptcy of Solyndra Inc. amid revelations that federal officials were warned it had problems but nonetheless continued to support it. The House Energy and Commerce Committee could vote as early
Updated: 10/28/2011 03:14P
White House announces review of Energy Department loans in wake of solar
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Updated: 10/28/2011 03:11P
Harrisburg Bond Insurer Ambac Files Objection to Bankruptcy
The company repeated legal arguments already made by Harrisburg's mayor and the state claiming the bankruptcy wasn't authorized by local or Pennsylvania law. The bankruptcy petition filed by a majority of the city council, and opposed by the mayor,
Updated: 10/28/2011 03:11P
The Broke and the Beautiful: World Series Edition
Texas Rangers right fielder Nelson Cruz fails to catch a two-run triple in the bottom of the ninth inning of Thursday night's World Series game. A little over a year ago, the Texas Rangers were striking out in bankruptcy. But even though they lost
Updated: 10/28/2011 03:02P
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