Latest Legal Advertising News
Alabama's Jefferson County files largest municipal bankruptcy in U.S. history
After reaching an impasse over concessions with holders of $3.14 billion in bonds, Commissioners in Jefferson County, Alabama, voted 4-1 to file the largest municipal bankruptcy action in US history. According to Bloomberg, JPMorgan Chase & Co.,
Updated: 11/15/2011 03:19P
Borders sets Dec. 20 liquidation hearing
The plan distributes assets in the order of priority called for in bankruptcy law. The disclosure statement says unsecured creditors with $812 million to $850 million in claims can expect to recover from 4 percent to 10 percent.
Updated: 11/15/2011 03:16P
MF Global Canada declared bankrupt
In an article published in Corporate Counsel Magazine and posted on Law.com, Cassels Brock partner, Bruce Leonard, the Chair of the International Insolvency Institute, said that such a task is "very difficult, and perhaps verging on impossible" for
Updated: 11/15/2011 03:16P
Postal Service loses $5.1 billion
The Postal Service has been in a bind, with mail volume down more than 20% over the past four years and losses that have topped $20 billion. Over the past few months, the White House, lawmakers and the Postal Service have all come up with plans to save
Updated: 11/15/2011 03:13P
Judge denies financing bid for Rarity Pointe
US Bankruptcy Judge Marcia Phillips Parsons has rejected a bid by Tellico Landing LLC to obtain credit that would have been backed by a senior lien on the Rarity Pointe property. Rarity Pointe is a waterfront project near US Highway 321 in Lenoir City,
Updated: 11/15/2011 03:13P
Open Range buyer backs out; liquidation may be ahead
The court hearing for the bankruptcy sale of Open Range Communications Inc. is taking place Tuesday afternoon, and it appears the company will be liquidated after its sole buyer has backed out of buying its assets. A filing to the Delaware bankruptcy
Updated: 11/15/2011 03:09P
* Lack of pilot's contract stokes bankruptcy worries
The third-largest US airline, which some analysts' estimates is a candidate for bankruptcy, cannot continue without a Chapter 11 filing if its labor costs remain higher than peers. Some industry watchers have been looking for a contract with the Allied
Updated: 11/15/2011 03:06P
Delphi IPO of 24.1M shares expected this week
(AP) NEW YORK — Delphi Automotive PLC expects to go public this week, returning its shares to a major stock exchange for the first time since it filed for bankruptcy protection six years ago. The Troy, Mich.-based auto parts maker said in a filing with
Updated: 11/15/2011 03:06P
brother 8460n driver download
It is also dowwnload how to find the resources needed to keep a company alive during restructuring and how to use bankruptcy offensively and defensively. As Dana Villa shows, however, Arendts thought is often poorly understood, both because dirver its
Updated: 11/15/2011 03:05P
AMR Peers Into Bankruptcy Abyss
The lack of a deal raises the specter of bankruptcy, which has clouded the outlook for AMR shares throughout the year. Several analysts mentioned the possibility of bankruptcy in reports issued Monday and Tuesday. About an hour before the close,
Updated: 11/15/2011 03:04P
Primary Categories