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"Living wills" for bank holding companies, depository institutions and foreign
In that regard, the project team will require particular expertise to enable it to apply principles of bankruptcy law, as well as FDIC receivership law. This is because at both the holding company level and the depository level, federal bank
Updated: 11/08/2011 01:27P
Trouble & strife
This article looks at the key legal principles in valuing the non-bankrupt spouse's interests and the recent legal developments in this ever evolving area of law. Whilst we will focus on the law surrounding bankruptcy, many of the legal principles
Updated: 11/08/2011 01:20P
A&P gets financing for reorganization
The agreement is subject to approval by the US Bankruptcy Court for the Southern District of New York. A&P, formally known as the Great Atlantic & Pacific Tea Co. and once the largest supermarket system in the US with more than 16000 stores from the
Updated: 11/08/2011 01:17P
Perkins gets reorganization okay
Perkins & Marie Callender's Inc. (Perkins) announced this week that the US Bankruptcy Court for the District of Delaware has confirmed its plan of reorganization that will allow the company to emerge from bankruptcy proceedings by the end of this month
Updated: 11/08/2011 01:17P
MF Global Trustee Giddens Seeks Payment for Work, Expenses
Giddens told US Bankruptcy Judge Martin Glenn he would work on MF Global at a 10 percent discount from his standard rates, as in other bankruptcy cases, and not charge for overtime meals, internal copies and after-hours travel services.
Updated: 11/08/2011 01:12P
Eurozone: Bankrupt elites plot a new assault on workers
The eurozone crisis is all about bankruptcy. But this isn't just economic. There is intellectual, moral, and political bankruptcy as well. Here are just three examples from last week. First is intellectual bankruptcy.
Updated: 11/08/2011 01:11P
Farm advisers say MF Global debacle erodes market confidence
INDIANAPOLIS (Reuters) - Agricultural bankers and advisers say the bankruptcy of giant futures brokerage MF Global has shaken the farm world's opinion of futures trading and action must be taken to restore confidence in the system
Updated: 11/08/2011 01:10P
Fox Sports to get its say in Dodgers' settlement, judge says
Fox Sports will get a "full and fair" say as the US Bankruptcy Court decides whether to approve an agreement under which Dodgers owner Frank McCourt would sell the Dodgers, Judge Kevin Gross said Tuesday. McCourt and Major League Baseball reached a
Updated: 11/08/2011 12:56P
MF Global Creditor Panel Includes JPMorgan, Wilmington Trust
Companies in bankruptcy typically get loans to finance operations while they reorganize from a lender who wants to protect its prior investment, or a potential buyer. MF Global tried and failed to sell itself in the days before its bankruptcy.
Updated: 11/08/2011 12:53P
Business bankruptcies rise in SC
Total filings in South Carolina were down 12% at 8406, from 9559, as fewer individuals sought bankruptcy protection. Figures represent filings during a 12-month period ended Sept. 30, the US Courts' fiscal year. Included in that figure is slight uptick
Updated: 11/08/2011 12:53P
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