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Mortgage Relief Event in Sacramento
Legal experts, bankruptcy and credit counselors, and short sale specialists will be on hand to answer questions as many people continue to face financial issues. Attendees are encouraged to bring all related financial documents. The United Law Center
Updated: 11/18/2011 02:11P
Bankruptcy court approves sale of Stars to Gaglardi
Vancouver businessman Tom Gaglardi is the new owner of the Dallas Stars after a bankruptcy court approved the sale of the team on Friday. The team was being run by the league since former owner Tom Hicks defaulted on over $500 million in loans and then
Updated: 11/18/2011 02:08P
Corbett Names Receiver to Oversee 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 02:08P
Medicis Wins Graceway Bankruptcy Auction for $455 Million
(MRX) won a bankruptcy auction for Graceway Pharmaceuticals LLC, a maker of skin treatments and asthma medication, with a $455 million bid. Medicis, based in Scottsdale, Arizona, still must obtain approval from Graceway's board and the bankruptcy court
Updated: 11/18/2011 02:05P
General Maritime Can Draw $30 Million of $75 Million Bankruptcy Loan
General Maritime Corp., the second- largest US owner of oil tankers, can draw $30 million of a $75 million loan that will require it to file a plan of reorganization in 75 days or sell all its assets.
Updated: 11/18/2011 02:02P
Mrs. Fields Is Near Deal to Refinance With Carlyle, Z Capital
Timothy Casey, a former executive at coffee-chain Starbucks Corp., became chief executive officer of the cookie business in May 2010. Capricorn Holdings, a Greenwich, Connecticut-based investment firm, bought Mrs. Fields in 1996 and merged the company
Updated: 11/18/2011 02:02P
$150M Sale Of NHL's Dallas Stars To Gaglardi Gets OK
Law360, Wilmington (November 18, 2011, 1:40 PM ET) -- Vancouver businessman Tom Gaglardi received a Delaware bankruptcy court's blessing on Friday to purchase National Hockey League team the Dallas Stars for about $150 million.
Updated: 11/18/2011 02:00P
Blatter blathers
self serving, ethically shallow administrator of the world's only global sport for many years, but his latest comments regarding racism in football travel beyond incompetent buffoonery into the murkier waters of moral bankruptcy.
Updated: 11/18/2011 01:54P
Mrs. Fields Near Deal to Cede Company Control to Carlyle Group, Z Capital
Mrs. Fields, based in Salt Lake City, may file for a prepackaged bankruptcy if the swap isn't approved by next month, said the people, who declined to be named as terms are private. Private-equity firms Carlyle and Z Capital hold the majority of the
Updated: 11/18/2011 01:51P
#OWS! (Unless it's Wall Street DEMOCRAT Jon Corzine stealing the $M600).
Jon Corzine's MF Global is missing $600 million of customer money, and the bankruptcy trustee has no idea when it might be found or when investors might be paid back, if ever. The New York Times today says that the investigation points to the
Updated: 11/18/2011 01:48P
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