Latest Legal Advertising News
Leaders of Alabama's most populous county have filed an estimated $4.1-billion
Soon after Jefferson County Commissioners voted on Wednesday to declare bankruptcy over sewer and other debt, their lawyers filed the paperwork. Jefferson County has been trying since 2008 to avoid filing bankruptcy over the debt, which resulted from a
Updated: 11/09/2011 09:17P
GM outlook disappoints
Detroit - General Motors posted a lower third-quarter profit on losses in Europe and offered a disappointing outlook that raised doubts about the speed of its turnaround two years after emerging from bankruptcy. GM vowed to slash costs to shore up
Updated: 11/09/2011 09:15P
MF Global CreditorCommittee Hire Martin Bienenstock of Dewey & Leboeuf
Bienenstock has acted for creditors of Lehman Brothers Holdings Inc. in the largest bankruptcy, and represented creditors in the restructuring of Adelphia Communications Corp. and auto-parts maker Delphi Corp. He advised General Motors Co.,
Updated: 11/09/2011 09:12P
Cain deflects harassment question, GOP candidates talk jobs
"To think that he would have let that go, with all those jobs ... I know how many people are affected by that," said Klein, who does volunteer work for the 9th District Democratic Party. "That fact that he's here in our backyard and he's now defending
Updated: 11/09/2011 09:11P
Delta Petroleum Posts Q3 Loss, May Seek Bankruptcy Protection; Shares Plunge
Further, the company said it will be required to file for bankruptcy protection if it is not able to consummate a transaction that address its liquidity issues. The Denver, Colorado-based oil and gas exploration company's third-quarter net loss was
Updated: 11/09/2011 09:06P
Friendship Is Tossed in MF Global Storm
J. Christopher Flowers (shown) handpicked Jon S. Corzine to run MF Global in 2010. But the voice at the other end of the phone had bad news. David Schamis, a colleague at JC Flowers & Co. who sits on MF Global's board, said the deal was off because of
Updated: 11/09/2011 09:04P
Ala. county votes to declare $4B bankruptcy
Click here Ala. county votes to declare $4B bankruptcy Published: November 9, 2011 7:30 PM BIRMINGHAM, Ala. -- Leaders of Alabama's most populous county voted Wednesday to declare an estimated $4.1-billion bankruptcy. The commissioners took the action
Updated: 11/09/2011 09:03P
Jefferson County files for largest municipal bankruptcy
Alabama's most populous county filed the largest municipal bankruptcy in US history Wednesday, years after being plunged more than $4 billion into debt by a corruption-riddled sewer project. Just two months after it seemed Jefferson County could stave
Updated: 11/09/2011 09:02P
No impact from Alabama county bankruptcy: JPMorgan
NEW YORK (Reuters) - JPMorgan Chase will not suffer a material impact from the decision by Alabama's Jefferson County to file for bankruptcy, a bank spokesman said on Wednesday. The bank is one of the county's biggest creditors.
Updated: 11/09/2011 09:01P
Charged with inconsistency, Romney points to his marriage
"I said from the beginning they should go through a managed bankruptcy process, private bankruptcy process, we have capital markets and bankruptcy it works in the US," he continued. "The idea of billions of dollars being wasted initially, then finally
Updated: 11/09/2011 09:00P
Primary Categories