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Quinn's asset statement is questioned by his receiver
SERIOUS questions have been raised about the true state of businessman Sean Quinn's finances by the legal official in charge of his bankruptcy. Mr Quinn, whose personal wealth was once valued at almost 5bn,
Updated: 11/22/2011 12:03A
Bankruptcy: Failure or a New Beginning?
And Bruner has read all the chapters and says his job is part lawyer, part psychologist and in this economy, there's big business in bankruptcy law. But his message in all of this, you're not alone. "Donald Trump and several basketball players have all
Updated: 11/22/2011 12:00A
Receiver: JeffCo sewer systems poorly run
Attorneys for the county argued it would be a violation of federal bankruptcy law for Young to continue his duties and the best way to run the system and keep rates from skyrocketing is for county employees to oversee it.
Updated: 11/21/2011 11:59P
Bryan Cave LLP | Bryan Cave LLP Elects 14 New Partners
The new partners are: Childers practices with the Transactions, Corporate Finance, and Technology, Entrepreneurial & Commercial Practice Client Service Groups. His representative experience includes the areas M&A/corporate finance, securities and
Updated: 11/21/2011 11:39P
Power Balance Bracelet Company Files For Bankruptcy
Power Balance, the company that sold plastic wristbands with claims of health benefits has filed for bankruptcy, according to reports. Litigation against Power Balance forced the company to file for Chapter 11 protection under the US Bankruptcy Code
Updated: 11/21/2011 11:26P
Power Balance Files for Bankruptcy Protection, Faces Large Settlement
More recently, Power Balance faced a class-action lawsuit in January which has been recently settled. Power Balance says they stand by their product, and say independent distributors, like those in Australia, and others using the brand illegally are
Updated: 11/21/2011 11:22P
Ritchie Capital pursues former Petters execs
But the investor, Ritchie Capital Management, says its civil racketeering suit against Mary Jeffries and another former Petters executive is separate from the issues in a Petters-related bankruptcy case. Millions of dollars are at stake in the case,
Updated: 11/21/2011 11:17P
Station Casinos, Cosmopolitan reported third quarter losses
Station Casinos LLC, recently restructured under bankruptcy court approval, reported a loss of $19.1 million for the period that ended on Sept. 30. This was far less than the $264.1 million loss the company reported in the comparable quarter of 2010.
Updated: 11/21/2011 11:17P
Is the US Empire Coming to an End?
In August, the US government narrowly avoided bankruptcy over the issue of expanding its debt ceiling, and the country's sovereign credit rating was downgraded for the first time. US opposition also could not prevent UNESCO from admitting Palestine as
Updated: 11/21/2011 11:17P
Volkswagen Looks Forward To Significant Growth
GM and Chrysler have shed underperforming stores via bankruptcy, and Ford has worked to consolidate. Volkswagen, which is following its big US expansion plans, is thinking differently. VW aims to sell 800000 cars in the US by 2018 as part of its plans
Updated: 11/21/2011 11:13P
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