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Ambac Financial Reschedules Disclosure Hearing
The Bankruptcy Court hearing relating to the confirmation of the Plan has been rescheduled for December 8 and 9, 2011. Ambac Financial Group, Inc., headquartered in New York City, is a holding company whose affiliates provided financial guarantees and
Updated: 10/29/2011 02:58P
Solyndra bankruptcy leads to review of Energy Department
WASHINGTON, DC (AP) -- On the defensive over a half-billion-dollar loan to Fremont-based Solyndra, the White House has ordered an independent review of similar loans made by the Energy Department. The announcement came as House Republicans prepared for
Updated: 10/29/2011 02:26P
White House directs independent review of Energy Department loans
The decision comes amid the Obama administration's vow to promote green technology besides the bankruptcy of solar equipment maker Solyndra, the California based corporation that received loan guarantee of $535 million from the government.
Updated: 10/29/2011 02:06P
MMFX Technologies Corporation Emerges from Chapter 11 Bankruptcy
MMFX Technologies Corporation announced that the company has successfully emerged from Chapter 11 Bankruptcy, effective August 8, 2011, under a Plan of Reorganization confirmed by the court on July 22, 2011. Under the terms of the Plan, the company's
Updated: 10/29/2011 02:01P
Fitch Downgrades CSFB 2001-CP4
The borrower has been under bankruptcy protection since August 2009 and the judge ordered conversion to Chapter 7 Bankruptcy in August 2010. The second largest contributor to modeled losses is a specially serviced (7.6%) real estate owned (REO) 121409
Updated: 10/29/2011 01:50P
Associate Joshua B. Alper Joins Roetzel's Fort Lauderdale Office
Mr. Alper focuses his practice in the areas of bankruptcy and creditors' rights, as well as business and commercial litigation. He has extensive experience representing financial institutions and individuals in contested Chapter 7 and Chapter 11
Updated: 10/29/2011 12:55P
Colletti focused on adding big bat -- if he can
LOS ANGELES -- Assumptions are routinely made in business planning, so let's assume the Delaware bankruptcy court can clarify the Dodgers' finances before this winter's free-agency window closes.
Updated: 10/29/2011 12:50P
Research and Markets: Best Practices for De-Constructing & Re-Characterizing
In "Best Practices for De-Constructing & Re-Characterizing SPV's in Bankruptcy", ExecSense examines strategies for utilizing special purpose vehicles, whereby a subsidiary company is created with an asset/liability structure and legal status that makes
Updated: 10/29/2011 12:30P
Research and Markets: What Bankruptcy Lawyers Need to Know About Structuring
"What Bankruptcy Lawyers Need to Know About Structuring or Negotiating Asset Purchase Agreements" is a time-efficient way to get the most up to date information on the key terms to make sure are included (or not included) in an asset purchase agreement
Updated: 10/29/2011 12:22P
Windrush to Settle with Wells Fargo, Stay Open Until June
“We think we have resolved all the issues with respect to all matters,” said Merle Meyers, Windrush School attorney, addressing Judge William Lafferty of the US Bankruptcy Court in the Federal Building in Oakland on Friday afternoon.
Updated: 10/29/2011 12:10P
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