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Frivolous Action Against Tactical Air Defense Services is Dismissed
Alexis C. Korybut, Chief Executive Officer of TADF, stated, "I am pleased that the US Bankruptcy Court made the proper determination by dismissing the
Updated: 08/11/2010 07:30P
Bad Real Estate Deals Good for Law Firms
Zaro was assisted on the Xanadu matter by Sills Cummis bankruptcy and reorganization vice chair Andrew Sherman and real estate finance vice chair Robert
Updated: 08/11/2010 07:07P
CIT Group refinances $3 billion in debt, prepaying $1 billion from cash
The company, which emerged from bankruptcy in December with restructured debt, said it has prepaid about $1 billion with available corporate cash.
Updated: 08/11/2010 07:05P
Hopefuls proud of frugality
Last year, Nehr filed for personal bankruptcy and closed the Tarpon Springs flag shop that he owned for 18 years. Nehr had $188661.38 in assets but
Updated: 08/11/2010 07:00P
GM to file for IPO Friday
GM lost $88 billion in the four years leading up to the company's bankruptcy filing. The results could be GM's best half-year performance in six years.
Updated: 08/11/2010 06:54P
Potential buyers express interest in Rosecroft Raceway
A Delaware bankruptcy judge earlier this year rejected Vogel's deal to purchase the track, which filed for bankruptcy in June 2009.
Updated: 08/11/2010 06:45P
The Capmark Bankruptcy Gets Ugly
"Moreover, the debtors financial advisors, Lazard, also participated in the transaction, and the debtors' current bankruptcy counsel, Dewey & LeBoeuf,
Updated: 08/11/2010 06:15P
Appaloosa Objects to Lehman Finance Plan for Hotel
Innkeepers, which is owned by an affiliate of Leon Black's Apollo Investment Corp., filed for bankruptcy on July 19 in US Bankruptcy Court in Manhattan with
Updated: 08/11/2010 06:07P
MBIA Unit Asks Court to Make Bankrupt Vallejo Pay Debt With License Fees
MBIA Inc.'s municipal-bond insurance unit is asking a bankruptcy court judge to order Vallejo,
Updated: 08/11/2010 05:58P
GMIPO Filing Could Come by Friday
The carmaker has emphasized its desire to regain independence after emerging from its government-sponsored bankruptcy last year, while the administration
Updated: 08/11/2010 05:54P