Latest Legal Advertising News
Grassley says head regulator too close to Corzine
Charles Grassley (R-Iowa) has called on a top regulator examining the bankruptcy of investment firm MF Global to recuse himself, saying he has close ties with recently resigned head of the firm, former New Jersey governor Jon Corzine.
Updated: 11/04/2011 01:11P
New Jersey Devils Bankruptcy Could Be On The Horizon
Afraid of the growing debt, Devils lenders are trying to sell shares of the team's debt at a discount, a source in the bond market told the Globe and Mail. The asking price for the shares is 75 cents on the dollar, and the bid price is 65 cents,
Updated: 11/04/2011 01:08P
MF Global scandal reveals Jon Corzine as liberal hypocrite
He was not eligible for the severance pay because he drove the firm into bankruptcy. Whatever is left of this firm, if anything, will go to creditors. But there's a larger story here, one that reveals Corzine as a liberal hypocrite of the first order.
Updated: 11/04/2011 01:06P
Turnaround Management Association Names Ronald R. Sussman President, Elects
4, 2011 /PRNewswire-USNewswire/ -- The Turnaround Management Association (TMA) has elected Ronald R. Sussman, a partner in the bankruptcy and restructuring practice at Cooley LLP in New York, as its 2012 president. Sussman and other 2012 officers were
Updated: 11/04/2011 01:03P
Dippin' Dots, Flash-Frozen Ice Cream Maker, Seeks Bankruptcy Protection
Dippin' Dots Inc., a maker of ice cream using liquid nitrogen, filed for bankruptcy protection from its creditors. The company yesterday listed assets $20.2 million and debt of $12 million in Chapter 11
Updated: 11/04/2011 01:02P
A&P receives $490M investment for reorganization
Montvale-based A&P announced Thursday evening it will use $490 million from private investors to complete its bankruptcy reorganization plan. The supermarket operator, which filed for bankruptcy in December 2010, will turn into a
Updated: 11/04/2011 12:57P
ELS Acquires 25 Percent Interest in National Executive Personnel
Beth Ann Scharrer, trustee for the US Bankruptcy Court, Middle District of Florida, Tampa division offered for sale a 25 percent interest in the company's assets. ELS was the high bidder and the purchase closed on Oct. 21.
Updated: 11/04/2011 12:51P
Twenty-nine banks in regulators' sights
Financial market regulators have identified 29 banks with "systemic" importance, meaning that, due to their size, they would represent a danger for the economy as a whole in the event of a bankruptcy. They will be obliged to comply with a set of
Updated: 11/04/2011 12:50P
Boss goes in face of criminal inquiry
MF Global filed for bankruptcy protection in the US on Monday after its bets on European debt spooked investors and trading partners. The company is under investigation by regulators and the FBI because hundreds of millions disappeared from customer
Updated: 11/04/2011 12:48P
Farewell Dippin Dots, the supposed ice cream of the future
Sad news for lovers of overpriced, flash-frozen, beaded ice cream: Dippin' Dots Inc. filed for bankruptcy, the Wall Street Journal reported Thursday. Since 1988, it's claimed to be the “ice cream of the future.” Well, the future is now,
Updated: 11/04/2011 12:47P
Primary Categories