Latest Legal Advertising News
Most creditors OK capital hike for Chile's La Polar
SANTIAGO, Nov 4 (Reuters) - Chilean retailer La Polar said on Friday it was confident it would avoid bankruptcy, after the majority of its creditors supported a capital increase. La Polar is embroiled in one of Chile's biggest
Updated: 11/04/2011 05:07P
Nixon Peabody | Nixon Peabody Secures Precedent-Setting Victory for Defrauded
Nixon Peabody LLP helps clients navigate complex challenges in litigation, real estate, corporate law, and finance. With approximately 700 attorneys throughout the US, Europe, and Asia, their focus is on working collaboratively to serve clients ranging
Updated: 11/04/2011 04:59P
Dippin Dots Declares Chapter 11 Bankruptcy
Despite presenting itself as a cheery oasis in malls, theme parks, and at street festivals, Dippin Dots is a little less happy just under the exterior. The company has been having financial troubles for a while, racking up debts left and right,
Updated: 11/04/2011 04:58P
Holders of Two-Thirds of La Polar Bonds Back Debt Plan
Holders of Empresas La Polar SA (LAPOLAR) series A and B bonds agreed to back a debt restructuring plan that aims to avert the department store operator's second bankruptcy in 12 years,
Updated: 11/04/2011 04:55P
ATS seeks bankruptcy protection for French solar division
CAMBRIDGE — Just a week after slashing production by two-thirds at its Photowatt France division, ATS Automation Tooling Systems is seeking bankruptcy protection for its troubled solar energy subsidiary. The Cambridge-based company said Friday it has
Updated: 11/04/2011 04:54P
Court relaxes bankruptcy rules for underwater homeowners
A recent court decision allows underwater homeowners in Minnesota to discharge second or third mortgages in bankruptcy. Before, such mortgages could not be "stripped off" in Chapter 13 bankruptcy proceedings, so underwater homeowners were still
Updated: 11/04/2011 04:49P
Corzine Resigns From MF Global Amid Probe
The firm declared bankruptcy this week after Corzine's risky bets on European debt backfired. Regulators said MF Global moved the missing money out of client accounts as the company started to slide towards bankruptcy.
Updated: 11/04/2011 04:48P
Corzine Quits MF Global As Regulators Probe Firm's Accounting
He increased the firm's risk and used its own money to trade, including investments in European sovereign debt. As of Oct. 25, MF Global owned $6.3 billion of Italian, Spanish, Belgian, Portuguese and Irish debt, the company said at the time in a
Updated: 11/04/2011 04:45P
Winning bid on Osorio's home: $12.75M
Osorio and his company, InnoVida Holdings, have been in bankruptcy since March. Osorio has presented a bankruptcy plan for InnoVida that includes using some of the home sale proceeds to launch a new company. The minimum bid to live next door to
Updated: 11/04/2011 04:34P
DealBook's Week in Review
A look back on our reporting of the past week's highs and lows in finance. YAHOO SUITOR “The private equity firm TPG Capital has signed a nondisclosure agreement with Yahoo, making it one of the first potential suitors to begin formal due diligence
Updated: 11/04/2011 04:31P
Primary Categories