U.S. Energy Wants Former CEO Punished

Law360, New York (January 18, 2008, 12:00 AM EST) -- Locked in a battle with its former chief executive, U.S. Energy Systems has asked the Manhattan bankruptcy court to find the clean energy giant's onetime head in contempt for allegedly violating the automatic stay decreed by the Bankruptcy Code.

On Thursday, U.S. Energy Systems filed an emergency motion in the U.S. Bankruptcy Court for the Southern District of New York, asking the court to throw out an adverse ruling handed down earlier this week by the Delaware Chancery court and to slap former CEO Asher Fogel...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.