Bankruptcy Archive » May, 2015

Bankruptcy - May, 2015

273 articles

• Ad Newsletter PennySaver Hits Ch. 7 In Wake Of WARN Suits
• Meet The Key Players In The Dewey Fraud Trial
• Bankruptcy Attorneys Should Fear Baker Botts Fee Case
• Ex-Cable CEO Can't Shed $14M Tax Debt, US Tells High Court
• The Dewey Trial Report: Week One
• Becker Meisel Atty Eyed For NJ Bankruptcy Judgeship
• Aussie Satellite Co. NewSat Wins Ch. 15 Recognition
• Aramid Seeks Approval To Sell Stake In Film Co. For $2M
• 4 In-House Preferences For Better Outside Counsel
• Yucaipa Asks To Freeze Allied Ch. 11 Until Court Fights End
• Oracle Wants IP Protected In Wet Seal Asset Sale
• Key Takeaways From High Court's Wellness V. Sharif Ruling
• Nortel Bankruptcy Judge Can't Rule On Avaya Claims: SNMP
• Karmaloop Can Pay Burns & Levinson For Early Ch. 11 Work
• K&L Gates Rebuts Oil Co. Investors' Malpractice Claims
• 5th Circ. Nixes Co.'s Suit Against Its Bankruptcy Trustee
• NJ Supreme Court Sides With Citi In Bankruptcy Tolling Spat
• Dewey Trial Emails Show Desperate Effort To Stay Afloat
• 50 Cent Sex Tape Trial Back On After Ch. 11 Filing Detour
• Bankrupt Saladworks Gets Nod For $17M Sale To PE Firm
• Old Chrysler Squashes Clutch Maker's Adversary Suit
• Frederick's Of Hollywood Likely To Sell IP To ABG For $22.5M
• Criminal Restitution Trumps Bankruptcy Stay, 9th Circ. Says
• What Distressed Cos. Can Take Away From Quadrant V. Vertin
• Suzuki Dodges Suit Over GM Compact Car Fires
• Troutman Sanders Can't Nix Bankruptcy Deadline Extension
• 'Fake Income' Email Shows No Fraud, Dewey CFO Contends
• GM Bankruptcy Judge Grants Stay Of Ignition Switch Suits
• As Dewey Trial Gets Going, Liquidation Winds Down
• Caesars Can Keep Kirkland And Exclusivity In Ch. 11
• Ex-Madoff Trader Who Aided US Probe Avoids Prison
• Nortel Says US Creditors Shafted In $7B Allocation Plan
• San Bernardino Ch. 9 Plan Looks Like An Opportunity Missed
• Brazilian Valve Maker Lupatech Files For Bankruptcy
• Morgan Drexen Not A Legal Services Firm, Colo. Justices Say
• Unsecured EFH Creditors Blast Exclusivity Extension Bid
• Dewey Trial Begins With Davis Blaming Fall On Atty Greed
• NJ Fights Revel's Objection To $20M Tax Credit Claim
• Lawyers React To Justices' Ruling On Bankruptcy Court Power
• Justices Silence Doubt Over Bankruptcy Court Authority
• EU Watchdog Blueprints When To Dismantle Banks
• Variant Judge Rejects $50M Claim Bid From CEO, Others
• Law360's Live Coverage Of The Dewey Trial
• 8th Circ. Says Farmer's Payments Don't Moot Ch. 12 Dispute
• Supreme Court Passes On NJ Developer's $60M Taking Suit
• Dewey Prosecutors Describe 'Massive Fraud' In Trial Opening
• ICP Reps Sue Barclays To Recoup $36.5M For Investors
• Stockton U Says Showboat Buy Was A Raw Deal
• Sign Of Courts' Growing Impatience With Procedural Errors
• High Court Strengthens Bankruptcy Court Jurisdiction
• Digging Through The New Federal Rules Of Civil Procedure
• Examining Bankruptcy Rights Under Oil And Gas Contracts
• 5 Insights From CBRE General Counsel Laurence Midler
• Dewey Trial Promises High-Stakes Slog For Both Sides
• Mich. AG Asks High Court To Grant Workers' Comp Appeal
• Texas Senate Passes Bill Raising Bar On Asbestos Claims
• Insurance Co. Balks At Allied Nevada Ch. 11 Disclosures
• Variant Judge Pushes Back Hearing On Reduced $205M Sale
• IRS Tells Justices There's A Limit To Discharging Late Returns
• Natrol Gets Nod For Ch. 11 Plan Over IRS Opposition
• Madoff Trustee Defends $900M Suit Against 1st Feeder Fund
• Father, Son Who Worked At Madoff Firm Deserve Leniency: US
• USIS Whistleblower Wants Fraud Suit Protected In Ch. 11
• Dewey Debacle Hurt Wallets But Didn't Kill Careers
• PwC Escapes MF Global Investors' Suit In 2nd Circ.
• What Corp. Attys Can Learn From High Court Ch. 13 Ruling
• Lockheed Seeks To End Contract With Aussie Debtor NewSat
• RadioShack Deal Sets Standard For Consumer Data Transfers
• Nortel Judge Won't Allow Late Claims From Canadian Workers
• 3rd Circ. OKs Cutting Fired Workers Out Of Ch. 11 Settlement
• Cayman Law Will Apply To Suit Over Offshore Refco Funds
• Wells Fargo Says $30M Foreclosure Suit Jumps The Gun
• As The Dewey Trial Looms, A Young Lawyer Awaits His Fate
• Bankrupt Karmaloop Sold To Lenders After No Suitors Emerge
• Fox Rothschild Adds Two Partners To Its Windy City Office
• Ampal Trustee Denies CEO's Bias Allegation
• Life Partners Ch. 11 Trustee Alleges 'Wide-Ranging' Fraud
• Exide Creditors Hash Out Discovery In Price-Fixing Probe
• 10th Circ. Won't Rehear Delta Petroleum Shareholder Row
• Judge Calls For Arrest Of Girls Gone Wild Founder Joe Francis
• Ex-Freedom Execs Plead Not Guilty To Spill Charges
• RadioShack Judge Won't Reopen Auction, OKs $26M IP Sale
• Chassix Creditors Say Debtor Was Undervalued By $150M
• Trustee Objects To Uncapped Atty Fees In NII Ch. 11 Plan
• Ex-Madoff Worker Avoids Prison After Cooperating
• LightSquared Seeks Permisssion To Enter $1.75B Facility
• Moore Capital Can't Limit Exposure In $20M Lehman Swap Suit
• Ignition Defect Suit Says New GM Just As Liable As Old GM
• The New Rules Of Condo Construction Financing In Florida
• Optim Gets Nod For Ch. 11 Disclosure Statement
• 2015 Law360 Minority Report
• Doral Seeks Approval For $17M Sale Of Insurance Arm
• The 50 Best Firms For Minority Partners
• Diversity Gap A Growing Threat To BigLaw Bottom Lines
• The 100 Best Law Firms For Minority Attorneys
• Judge Weighs OAS Ch. 15 Status Amid Hungry Creditors
• Golden County Foods Gets Interim Nod For $13M DIP Facility
• NECC's Ch. 11 Plan With $200M Meningitis Payouts Approved
• American Eagle Energy Reports $70M Stalking Horse Bid
• Repentant Ex-Madoff Controller Avoids Prison
• Sidley Austin Adds Ex-Vinson & Elkins Energy Bankruptcy Pro
• Nonprofits In The Zone Of Insolvency: 2 Cautionary Tales
• FTC Wades Into Fight Over RadioShack's Customer Data Sale
• Golden County Foods Hits Ch. 11 With Plans For $22M Sale
• RadioShack IP Suitor Wants Auction Resumed
• Supreme Court Preserves Viability Of Chapter 13
• Wilson Elser Adds Bankruptcy Partner In Orlando
• Chevron Presses Dune Energy Over Oil Field Liabilities
• Reed Smith Nabs 2 Finance Pros To Grow NY And DC Sites
• Ocwen In Talks With Lenders To Restructure Debt
• Caesars Creditors Appeal Involuntary-Petition Blow
• Variant Seeks To Trim $30M From Real Estate Deal
• Be Aware Of Spousal Guaranties In Pa. Entireties Properties
• High Court Hands Ch. 13 Conversion Leftovers To Debtor
• Consider 5 Things Before Choosing An E-Discovery Provider
• Creating Perfect Security Interests — A Primer
• Citibank Appeals Denial Of Standing In Natrol Ch. 11
• Ex-LightSquared CEO Says Ch. 11 Plan Violates Priority Rule
• Sensa Hits Doc With Contract Suit After $26M FTC Accord
• NML Fights Stay Bid In Search For $1.6B Argentine Assets
• Pa. Atty Gets 2 Years On Ice For Using Suspended Atty's PACER
• Altegrity Gets Nod To Put Ch. 11 Plan Up For Vote
• Atlantic City Bankruptcy Would Hurt Other Towns, Mayor Says
• Sharp Nabs $1.9B Cash Infusion As LCD Business Struggles
• Mortgage Firms Accuse ResCap Of Dragging Feet On Damages
• Unsecured Karmaloop Creditors Want Sale Proceeds In Escrow
• Momentive Shifts Balance Of Power In Complex Chapter 11
• San Bernardino Bankruptcy Plan Snubs Pension Bondholders
• Boies Schiller Continues SDNY Raid, Nabs Madoff Prosecutor
• Trustee Slams EveryWare's Proposed Ch. 11 Plan
• House Panel OKs Bill To Scrutinize Asbestos Trust Claims
• Altegrity Defends Ch. 11 Disclosure Statement
• Lehman Says In Swap Suit It Was Cheated Out Of $150M
• Walnut Creek Objects To Optim Ch. 11 Disclosure Statement
• Caesars' Creditors Demand Probe Of $31B Buyout
• Corinthian Colleges Students Get Seat At Bankruptcy Table
• Court-Appointed Experts — A Powerful But Rarely Used Tool
• Rejection Of Oil And Gas Leases May Prove Futile
• Bankrupt San Bernardino Bondholders Can't Tie CalPERS Pay
• RadioShack Seeks Ruling On $100M IRS Claim
• W.Va. Judge Denies Freedom's Bid For Expedited Ch. 11 Plan
• Caesars Execs Expect Payments On $81M In Debt
• Standard General Unit Wins RadioShack IP With $26M Bid
• EFH Judge Halts Objection To $750M Tax Claim For Now
• Ill. Leaders Scramble To Craft New Pension Cost Fixes
• Heller Ehrman Ex-Client Loses $20M Claim In Bankruptcy Court
• Visteon Owes $30M For Giant HQ, Michigan Township Says
• Bankruptcy Judge Greenlights SIGA Insider Trading Probe
• 2nd Circ. Revives Developer's Suit Over RBS Libor-Rigging
• Hipcricket Gets Nod For Ch. 11 Plan That Hands Biz To ESW
• Moody's Slashes Chicago Credit Rating To Junk Level
• Ex-Freedom Prez Lied In Bankruptcy, New Indictment Says
• Ex-Madoff Controller Seeks To Avoid Prison Time
• UK Finds Italian Pension Fund Due $62M Over Lehman Losses
• Who Owns Likes, Posts, Pages And Tweets In Bankruptcy?
• Beware Distinctions Between Veil Piercing And Alter Ego
• Nortel Bankruptcy Judges Deny Creditors' Proposals For $7.3B
• $60M Taking Suit Ripe For High Court Review, Developer Says
• Bankrupt Standard Register Gets Nod On Exec Bonus Plan
• RadioShack Sees $17.3M Bid For IP, Customer Data
• Caesars Palace Could Face $20M Anti-Money Laundering Fine
• EFH Wants More Exclusivity Time To Offer Its Ch. 11 Plan
• NII Blasts Bondholders' Objections As An '11th-Hour' Move
• Oil, Gas Driller WBH Gets Nod For $25M Ch. 11 Bid
• Merrill Lynch Can't Nix $21M Lehman Rate Swap Suit
• Chartis Prevails In Coverage Suit Over $103M Hotel Loan
• Music Publisher Takes 'Whoomp!' IP Dispute To High Court
• FDIC Chair Says Regulators Ready For A Global Bank Failure
• Dealers Tell High Court 6th Circ. Got Chrysler Ruling Right
• Patriot Coal Again Files For Bankruptcy, Seeks Buyer
• Dealmakers Q&A: Sullivan & Cromwell's Michael Torkin
• Lenders Claw Back Some Of Their Rights In Minnesota
• Corinthian Students Want Ch. 11 Committee For $25B Claims
• Aereo Agrees To Permanent Injunction In Copyright Dispute
• BofA, Chase Agree To Delete Debt Discharged In Bankruptcy
• Illinois Ruling Jeopardizes Chicago Pension Reform
• Rothstein Fund Trustee Asks For OK Of $4.5M Insurer Deal
• Judge Nixes Madoff Investor Suit, Deposition Bid
• Bullard Is Bad News For Debtors And Creditors Alike
• Jenner & Block Nabs Ex-Cravath Bankruptcy Veteran In NY
• Calif. Court Favors San Bernardino In Firefighters' Appeals
• Ex-Kilpatrick Real Estate Finance Atty Moves To Polsinelli
• E-Biofuels Enters Plea Agreement For $145M Tax Scam
• Madoff Ex-CFO Dies Before Sentencing
• Software Contractor To Pay $9M To Settle DOJ Charges
• King & Spalding Nabs Ex-Fried Frank Int'l Disputes Pro
• American Eagle Files For Ch. 11 As Oil Prices Remain Low
• Mitigating Settlement Agreement Risks In Bankruptcy
• Bail-In, Not Bail-Out: The Next Global SIFI Strategy
• Bankrupt Siga Blasts Creditors' Investigation Bid
• Natrol Judge Delays Ch. 11 Plan Confirmation
• Blaming BigLaw Accounting A Tough Path For Dewey Execs
• Texas Bill Aims To Raise Bar On Asbestos Claims
• Dewey Jury Is Complete, All Systems Go For Trial
• Apple, AT&T Say RadioShack Can't Sell Customer Data
• PREPA Trustee Flags Nonpayment Into Reserve Funds
• Lehman Denied $67M In Tax Credits Over UK Deals
• La. Judge Signs Off On $1M ATP Gulf Discharge Settlement
• Illinois' Top Court Rules Pension Reform Law Unconstitutional
• Greenberg Traurig Can't Rep Cab Co. In Ch. 11: Trustee
• Wal-Mart Snaps Up Target's Canadian Stores For $165M
• Business As Usual, Subject To Restrictions
• How To, And How Not To, Foreclose On Oil And Gas Equipment
• Bankrupt Optim Dumps Plan To Sell Power Plants
• Liberty Medical Gets Nod For Ch. 11 Disclosure Statement
• 3rd Circ. Published Ruling Calls Out Gateway For Omitted Doc
• OAS Will Roll Dice For Chapter 15 Status, Attys Say
• Maselli Warren Holds On To Ch. 11 Fees On Appeal
• Aereo's Ch. 11 Copyright Deal With Broadcasters Wins Nod
• Moore Capital Settles Dispute Over $12M With Lehman Trustee
• Dechert Can't Shake Clawback Suit Over Coudert Paris Deal
• Cache Reaches Financing Deal To Stop Fall Into Ch. 7
• Bankruptcy Code With No Repo Safe Harbor — An Evaluation
• Law Firms Could Learn A Lot From The NFL Draft
• Puerto Rico Fights To Save Its Recovery Act At 1st Circ.
• RadioShack Buyer Wants Its Customer Data Out Of IP Sale
• Trustee Slams Standard Register's $4.3M Exec Bonus Plan
• Hedge Funds Lawyer Up As Puerto Rico Debt Storm Brews
• GM Plaintiff Attys Fall On Sword For Offending Ch. 11 Judge
• Jones Day, Seyfarth, Other Firms Fight Howrey Clawback Bid
• 9th Circ. Excuses Apparel CEO From Guarantor Liability
• Frederick's Of Hollywood Gets Nod For Ch. 11 Auction
• Momentive Win Shifts Balance Of Power In Ch. 11 Process
• Simply Fashion Sale OK'd After Creditors Resolve Objections
• AWI Bankruptcy Estate Wins Setoff Rights Over Objections
• Corinthian's Collapse Demands DOJ Investigation, Sens. Say
• Exide Blasts Investors' Cert. Bid In Row Over Enviro Failures
• How Bankruptcy Affects Mechanic's Lien Rights In Virginia
• Apax Fights Fraud Claim In $1B Hellas Clawback Suit
• Citibank Denied Bid To Delay Natrol Ch. 11 Plan Confirmation
• Travelers, Flintkote Reach $1.7M Asbestos Coverage Deal
• Simply Fashion Creditors Slam Insider-Sponsored Sales
• Vivaro Judge Doubts Opponents Of $8M Leucadia Deal
• Don't Go Behind My Back, GM Bankruptcy Judge Tells Attys
• Iron Ore Co. Magnetation Hits Ch. 11 With $135M DIP In Hand
• Honigman Boosts Mich. Practice With 2 PE, Securities Pros
• JPMorgan Looks To Shed WaMu Bondholders' Suit
• James River Coal Hits CSX, Others With Clawback Suits
• Hedge Funds Slam Salus' $129M 'Gotcha' RadioShack Suit
• NII Holdouts Continue Assault On $4.35B Restructuring
• Boeing Seeks Judgment In $350M Suit Over Satellite JV
• Overseas Shipping Plans IPO After Exiting Bankruptcy
• Momentive's Watershed Ch. 11 Plan Withstands Attack
• Belluck & Fox Fights Subpoenas In Garlock Racketeering Suit
• Should Underwater Junior Liens Survive Bankruptcy?
• EFH Gets Nod For Mediation, But Not Ch. 11 Plan Schedule
• W.Va. Officials Slam McGuirewoods' Fees In Freedom Plan
• High Court Ruling Will Lead To More Timid Bankruptcy Plans
• Dewey Jurors Seated Ahead Of Schedule
• Lawyers React To High Court's Limiting Of Debt Plan Appeals
• Wyly Brothers Continue To Fight $300M SEC Judgment
• Petters Trustee's $7.5M Vicis Clawback Stands Up At 8th Circ.
• FBOP Says It Owns Units' $275M In Refunds In FDIC Fight
• Ch. 11 Marks Final Phase In Corinthian's Long Demise
• IRS Balks At Natrol Liquidation Plan Over 11th-Hour Deal
• Flawed Synthetic Lease Definition Infiltrates GM Bankruptcy
• Delphi Insurers Attack Mich. AG's Workers' Comp Appeal
• Justices Won't Hear Lehman Trustee's $4B Fight With Barclays
• Making Sure Those Setoff Rights Are Not Dead In Bankruptcy
• Tech Co. In China's 1st Bond Principal Default To Repay In Part
• High Court Limits Appeals Of Denied Bankruptcy Plans
• Endeavour Creditors Have Bid For Standing Put On Hold
• Paul Hastings Snags 2 Bankruptcy Partners From DLA Piper
• 'Contemptuous' Attys Post Bond To Duck Arrest In Ch. 7 Case
• Feds Attack Natrol's Ch. 11 Plan For Favoring Equity
• Australia's NewSat Gets Creditor Shield In Ch. 15
• Spectrum Files For Ch. 11 After False $40M Contract
• Workers Say Bankrupt C. Wonder Fired Them Without Notice
• EFH Juniors Try To Shut Down 1st-Lien Make-Whole Demand
• 11th Circ. Wallops Involuntary Bankruptcy Petitioners
• ERG Resources, Latest Oil Price Casualty, Files Ch. 11
• Jones Day Adds Project Finance Atty In Tokyo, London
• OAS Creditors Demand Morgan Lewis Client Names