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Funds may help defunct airline workers
WINSTON-SALEM, NC (AP) - A bankruptcy judge is hearing details of a settlement with the estate of former Hooters founder Bob Brooks that could boost the chances that workers at the defunct airline he once owned will collect back pay.
Updated: 11/22/2011 06:17A
MF Global shortfall widens to $1.2bn
The trustee appointed after the broker-dealer's bankruptcy announced accountants have now calculated the shortfall in funds was double the initial estimate. A spokesman for trustee James Giddens said the estimate may be revised: "Our goal is still a
Updated: 11/22/2011 06:16A
Government Bailout Recipient AIG Suing U.S. for $25 Billion
The lawsuit claims that during the government bailout, AIG was not offered any other option besides the government purchase of 563 million shares that effectively saved the company from bankruptcy. The shareholders consider this an illegal seize of
Updated: 11/22/2011 06:14A
MF Global Shortfall May Be Up to $1.2B:Trustee
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 06:05A
Military vehicles producer's bankruptcy statement to be heard on November 28
The plaintiff requested to initiate bankruptcy proceedings regarding the debtor and to recognize the debt amounting to 131.964 million rubles ($4.25 million). The Moscow and Kurgan Region Commercial Courts are hearing lawsuits filed by the Defense
Updated: 11/22/2011 05:58A
IN RE WHITLEY
United States Bankruptcy Court, SD Texas, Victoria Division. MEMORANDUM OPINION ON SHOW CAUSE ORDER REGARDING COMPENSATION OF ATTORNEY REESE BAKER [Case No. 08-60098, Docket No. 79] [Case No. 09-60044, Docket No. 149].
Updated: 11/22/2011 05:45A
IN RE HERMANOS TORRES PEREZ INC.
Hermanos Torres Prez, Inc. ("HTP" or "debtor") filed a petition for relief under chapter 11 of the Bankruptcy Code on July 7, 2009. (Docket No. 1.) HTP is a family-owned corporation organized under the laws of the Commonwealth of Puerto Rico.
Updated: 11/22/2011 05:45A
IN RE GAUTHIER
It is the debtor's position that under Massachusetts law FIA has failed to prove ownership of the Bank of America account and thus claim no. 3 should be disallowed under Bankruptcy Code § 502(b)(1) which provides for disallowance of a claim to the
Updated: 11/22/2011 05:45A
IN RE HAWAIIAN TELCOM COMMUNICATIONS, INC.
P. 7001(1), in which Plaintiff, the litigation trustee, seeks to recover avoidable transfers pursuant to sections 547, 548 & 549 of the Bankruptcy Code. 1 On August 18, 2011, Plaintiff filed a second amended complaint, adding claims against defendants
Updated: 11/22/2011 05:45A
SG & COMPANY NORTHEAST, LLC v. GOOD
United States Bankruptcy Court, ND Illinois, Eastern Division. Before the court for ruling is the question of subject matter jurisdiction over an adversary proceeding transferred here earlier this year from another district. For the reasons set forth
Updated: 11/22/2011 05:45A
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