Latest Legal Advertising News
Sale of Yavapai Downs Ordered by Court
Early last spring, it became apparent that there would be no horse racing or County Fair at Yavapai Downs in 2011, which was buried in debt and property taxes. Now, according to an article in the Arizona Republic, "Court Orders Yavapai Downs Sale," US
Updated: 11/22/2011 01:00A
European debt crisis threatens Balkan economies
By Antid Oto The deepening European financial crisis and the ever-growing possibility of bankruptcy for countries like Greece and Italy pose huge dangers for the economies of the Balkan countries. The latter are highly dependent on foreign capital
Updated: 11/22/2011 12:50A
Shoveling it
The trustee overseeing MF Global's messy bankruptcy dropped a bombshell yesterday — doubling his estimate of the amount missing from customer accounts to an eye-popping $1.2 billion. Previously, regulators had pegged the shortfall at
Updated: 11/22/2011 12:46A
Receiver says Alabama county sewer systems poorly run
The receiver, John Young, testified at a hearing by US Bankruptcy Judge Thomas Bennett, who must decide if Young will be stripped of much of his responsibility now that Jefferson County has filed for the largest municipal bankruptcy in US history for
Updated: 11/22/2011 12:37A
MF Global's Shortfall May Exceed $1.2 Billion, Trustee Says
MF Global Holdings Inc., the parent that had been run by former New Jersey Governor Jon Corzine, filed for bankruptcy to apportion returns to creditors. Giddens has so far brought $3.7 billion under his control, all of which has come from the former US
Updated: 11/22/2011 12:30A
Drumm tells Boston court regulator knew of hidden loans
In a case set for a full trial, disgraced former Anglo Irish Bank CEO David Drumm - who fled to Boston in June 2009 after the Irish banking scandal broke - is challenging the state-owned bank's case against him, claiming that Ireland's Financial
Updated: 11/22/2011 12:17A
Lights will stay on for thousands of Southern MT Electric customers
That's the end result of an initial bankruptcy hearing in Billings federal court Monday. Last month, Southern Montana filed for Chapter 11 bankruptcy due to an "acute cash-flow crisis." Court documents show the company currently owes between $100
Updated: 11/22/2011 12:16A
McFeely bankruptcy action is adjourned
At a hearing before Ms Justice Elizabeth Dunne, lawyers for Mr McFeely said there was an issue in relation to the service of summons papers. Ms Justice Dunne remarked: "It does appear that Mr McFeely has been served. I'm not sure what basis he has for
Updated: 11/22/2011 12:04A
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
Tycoon's downfall is fairies' revenge, say locals
HE was once Ireland's richest man, with a fortune of 4.7bn, before his huge gamble on Anglo Irish Bank shares toppled him into bankruptcy. But for some in his heartland on the Cavan/Fermanagh border, the downfall of Sean Quinn has more
Updated: 11/22/2011 12:03A
Primary Categories