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Jefferson County Receiver Fights to Control Sewer System
21 for the first fight of the biggest US municipal bankruptcy -- whether John S. Young Jr., the sewer system's court-appointed receiver, should go home to New Jersey. The Cherry Hill water executive has been running the utility, with more than $3.1
Updated: 11/18/2011 01:44P
$150M Sale Of NHL's Dallas Stars To Gagliardi Gets OK
Law360, New York (November 18, 2011, 1:40 PM ET) -- Vancouver businessman Tom Gagliardi received a Delaware bankruptcy court's blessing on Friday to purchase the Dallas Stars, a National Hockey League franchise, for about $150 million.
Updated: 11/18/2011 01:42P
County's bankruptcy would topple the state Elected officials meet to discuss
It has been said that Curry County is in uncharted water with financial dysfunction or bankruptcy on the horizon. Trying to figure out what that future may be was the focus of a meeting among Curry County's elected officials this past
Updated: 11/18/2011 01:39P
Mrs. Fields Said to Be Near Ceding Control to Carlyle, Z Capital
18 (Bloomberg) -- Mrs. Fields Famous Brands LLC may swap debt for equity to avoid bankruptcy, giving control of the cookie-shop operator to creditors including Carlyle Group LP, said four people with knowledge of the plan. The company hired Houlihan
Updated: 11/18/2011 01:37P
Mrs. Fields Near Ceding Control to Creditors
Photographer: Tony Dejak/AP Mrs. Fields Famous Brands LLC may cede control to creditors including Carlyle Group LP and Z Capital Partners LLC by swapping debt for equity to avoid bankruptcy, said four people with knowledge of the plan.
Updated: 11/18/2011 01:37P
Corbett Nominates David Unkovic as Receiver for Harrisburg, Pennsylvania
Before he began working for the state in July, Unkovic spent three years at the law firm of Cozen O'Connor LLP, which was hired by Pennsylvania to oppose the Harrisburg bankruptcy. Corbett also hired Washington-based McKenna Long & Aldridge LLP to work
Updated: 11/18/2011 01:33P
MFGI trustee says goal is to pay customers 100% of accounts
claimants and securities customers 100% of the amounts in their accounts as promptly as permitted by the governing regulations of the Commodities Exchange Act and the Securities Investor Protection Act and authorization by the US Bankruptcy Court.
Updated: 11/18/2011 01:32P
Tom Gaglardi becomes new owner of the Dallas Stars
The Dallas Stars have Tom Gaglardi as the new owner after a bankruptcy court in Delaware approved the sale of the team to Gaglardi and confirmed the Stars' prepackaged bankruptcy plan Friday. Gaglardi is the CEO and president of Northland Properties
Updated: 11/18/2011 01:27P
Dodgers sale delay request to be heard
A Delaware bankruptcy judge is set to hear arguments on a request by FOX Sports to delay consideration of the Los Angeles Dodgers' plan to sell media rights to future games. FOX says the planned media rights sale violates an existing contract giving it
Updated: 11/18/2011 01:26P
New Greek Government Submits 2012 Budget
It's the first major task of Greece's new national unity government – submitting the country's draft 2012 austerity budget to meet the terms of an international bailout and avoid bankruptcy. The new government is aiming for a primary surplus next year,
Updated: 11/18/2011 01:25P
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