Bankruptcy Archive » August, 2015

Bankruptcy - August, 2015

283 articles

• 2nd Circ. Solidifies Argentina Bank's Creditor Shield
• Univita Health Files For Ch. 7 One Month After WARN Suit
• Madoff Trustee Scraps With Cohmad Agent Over Bank Docs
• RadioShack Scheme Gave Control To Hedge Fund, Suit Says
• Green Field Judge Won't Toss $230M Asset Stripping Claims
• Comcast Eyes 5th Circ. After $74M Loss In Network's Ch. 11
• Trump International Golf Club Gets Nod On Sale Plan
• Molycorp Unsecured Creditors Balk At $3M Exec Bonus Plan
• Investors To Get $87M More From Madoff Feeder Funds
• Argentine Central Bank Escapes Bondholder Suit At 2nd Circ.
• 5 Insights From 3M General Counsel Ivan Fong
• Baha Mar Fights Contractor, Bank Bids To Toss Del. Ch. 11
• 7th Circ. Says Ind. Agency Must Pay Medicaid Reimbursements
• Signal Gets Nod On Plan For Bankruptcy Auction
• Response Genetics Gets Nod For September Asset Sale
• The Dewey Trial Report: Bad Press And 'Awesome' Bosses
• Wyly Wants SEC's $300M Win Nixed Over Tax Ruling
• As Dewey Trial Nears End, Defense Has Reason To Hope
• Firms' Fight Against Baker Botts Ruling Looks Futile
• Madoff Trustee Defends $213M Clawback Suit Against Legacy
• Altegrity Is Fighting Oklahoma's $25M Tax Claim
• Petrobras Not Immune To PREPA Kickback Suit, Class Says
• How To Prosecute Contempt Proceedings In Bankruptcy
• Allied Nevada Gets Nod To Poll Creditors On Ch. 11 Plan
• Santa Fe Gold Gets Nod For Interim DIP To Advance Ch. 11
• Quick Judgment Eludes Trustees In $7B Caesars Debt Suits
• CFTC Can Restart Claim Against Convicted Ex-Sentinel CEO
• Ex-Dewey Chair, CFO Move To Toss Fraud Charges
• Far-Flung Nortel Units Told By London Judge To Tally Claims
• CORRECTED: Thornburg Trustee Scores $45M In MBS Suit
• Dewey Prosecution Rests, DiCarmine Is 'Awesome,' Jury Hears
• Baha Mar Unveils Ch. 11 Plan Ahead Of Fight To Ax Case
• Voting Disputed Claims In Ch. 11 Confirmation Proceedings
• Santa Fe Gold Corp. Seeks 90-Day Sale In Ch. 11 Filing
• $371M Antitrust Suit Against Time, Hearst Goes To 2nd Circ.
• Corinthian Colleges Gets Nod For Ch. 11 Plan Confirmation
• Energy Companies Brace For Ch. 11 As Oil Prices Stay Low
• DA Looks To Drive Home Hard Numbers In Dewey Trial
• Baha Mar Contractor Keeps Up Pressure To Nix Ch. 11
• A&P Floats $5M Retention Plan As Top Workers Exit
• RadioShack Estate Reaches Deal In Texas AG's Gift Card Suit
• Karmaloop Seeks Quick Switch To Ch. 7, Citing Tax Burden
• 50 Cent Wants Sex Tape Plaintiff's Ch. 11 Discovery Blocked
• Solyndra Lied To Get $535M DOE Loan Guarantee: Watchdog
• Trucking Co. Fights Mercedes' Opposition To Ch. 11 Appeal
• Bankrupt Molycorp To Suspend Operations At Calif. Mine
• US Trustee Eyes Firms' Boomerang Ch. 11 Fee Bids
• Equitable Mootness May Be Alive And Well In 3rd Circ.
• Relativity Auction Gets Green Light, Ch. 11 Stays On Track
• Dewey GC Tells Of PR Nightmare In Firm's Final Months
• MedCap Receiver Reaches Deal With Debtor In Ponzi Fallout
• Lehman Can't Sue UK Biz But $41M Swaps Still Fair Game
• Bankrupt Caesars Unit, Lenders Reach Deal On Debt Plan
• EFH Ch. 11 Confirmation Hearing Set For November
• EFH Asks Bankruptcy Court To Hear $40M Texas Tax Dispute
• Wyly Can't Relitigate SEC Suit's Findings In Bankruptcy
• State Agencies Ordered To Honor Friendly's Asset Sale
• FDIC Pushes For End To $265M Tax Row With Failed Banks
• Bankrupt Endeavour Gets Nod For $8M Colorado Asset Sale
• Ex-Kleenmaid Director Pleads Guilty To Loan Fraud
• Ex-TMST Exec Can't Duck SEC Suit Over 2007 TV Interview
• Hercules Offshore Gets Nod For Restructuring Agreement
• Dewey GC Says She Didn't Tell Investors Of Pay Woes
• Bad-Faith Claim Relevant To Failed $125M Deal: Casino Co.
• Madoff Investors Win Approval To Divvy Up $623M Settlement
• Standard Register Aims For Nov. Ch. 11 Plan Confirmation
• Sabine Says $16M Bonuses Needed To Keep Ch. 11 Going
• Copper Co. Says Bankruptcy Nixed Claims In Superfund Row
• Bankruptcy Code Doesn't Cover Pot Business, 10th Circ. Says
• Puerto Rico Turns To Supreme Court For Debt Help
• SemCrude Bankruptcy's Many Lessons For Energy Traders
• Dewey 'Secret Seven' Pull Back Curtain On Firm In Crisis
• Law360 Pro Bono All Stars Show Dedication To Helping Others
• Corinthian Hit With Myriad Objections To Ch. 11 Plan
• Savient Investors Lose Suit Over Pre-Bankruptcy Statements
• Yucaipa's Subordination Claims Thrown Out Of Allied Ch. 11
• 20 Firms Show How To Win Big And Do Good
• Furniture Brands Trustee Launches Clawback Campaign
• A&P Seeks OK On $8M Pharmacy Assets Sale To Rite Aid
• AEE Creditor Objects To Auction After Bid Drops To $52M
• Receiver Fights To Preserve Winston & Strawn Malpractice Suit
• FCA Doesn't Want To Be Called 'Chrysler' In 'False Park' Trial
• Comcast Can't Recoup $100M After Sports Network Ch. 11
• 50 Cent Challenged On Zeisler, Robins Kaplan Hires
• The Dewey Trial Report: Rebuttals, Write-Offs And Red Ink
• Tribal Immunity Protest Nixed In $177M Bankrupt Casino Suit
• CORRECTED: Wyly Gets Nod To Sell Audubon, Rockwell Art To Pay Debts
• 3 Ethical Traps For 'Gladiator' Litigators
• Calif. Balks At Corinthian Bid To Delay State Actions Fight
• Ex-Green Field CEO Wants $230M Asset Stripping Suit Axed
• Cal Dive Gets OK For $9M Sale Of Pipe-Laying Vessel
• Ky. Town First City To File For Bankruptcy Since Detroit
• Dewey Prosecutors Wind Down Case With Accounting Review
• MF Global Creditors To Recover 95% With Final Payout
• Bankrupt Biofuel Maker Settles $1.7M Miss. Tax Dispute
• Time, Hearst Win Toss Of $371M Antitrust Suit
• Hotel Manager Wants To End Deal With Bankrupt Baha Mar
• Rennert Loses Bid For New Trial In MagCorp Bankruptcy Row
• Pa. Venture Capital Firm Placed Under SBA Receivership
• Can 50 Cent Successfully Reorganize Despite Adversity?
• 1st Circ. Says Railway Creditor Can't Grab Policy Payout
• Fla. Hotel Asks Full 11th Circ. To Rethink $5M Interest Ruling
• Stroock Agrees To $17.5M Settlement To End Bergstein Battle
• Snowden Background Checker Inks Deal To End FCA Claims
• Corinthian Wants To Delay Ch. 11 Fight Over State Actions
• Caesars Can't Broker A Deal In $462M Pension Row
• Relativity Creditors Object To Payout Of $8.3M In Residuals
• Wells Fargo Bailed On Dewey Early, Lost Nothing, Jury Hears
• 3rd Circ. Won't Rehear Drivers' Bid For Priority In Ch. 11 Deal
• BNY Mellon Gets OK To Join Revel Energy Supply Dispute
• Allied Nevada Strikes Peace Deal To Get Ch. 11 Plan Backing
• Colt Creditors Seek Clarity On Sharing Confidential Docs
• American Eagle Energy Stalking Horse Bid Dropped To $52M
• Saladworks Wins Ch. 11 Exclusivity Extension
• Deutsche Gets 2nd Shot At Recouping $30M In Tribune Reorg
• Boomerang Systems Hits Ch. 11, Blames Lender In $25M Suit
• 10th Circ. Shields 1st-Time Payment From Preference Attack
• Top 5 Ways To Help A Law Professional Land A Job
• Hormel Pushes To Have Claims Over AgFeed's Ch. 11 Axed
• Milagro Gets Green Light For White Oak Restructuring Pact
• Bankrupt Patriot Coal Sells Mines, Liabilities To Enviro Group
• Pittsburgh Corning Ch. 11 Puts Insurers In Bind, 3rd Circ. Told
• Ala. Can't Dictate Reliance Claim Status, Pa. Justices Say
• OAS Creditors' BVI Play Raises Judge's Eyebrows
• US Trustee Objects To WBH Ch. 11 Plan
• Dewey Staffer Says She Didn't Think Book-Cooking Was Illegal
• Former R-G Premier Brass Lose Bid To Tap Excess Coverage
• Bankrupt Caesars Unit, Lenders Fail To Agree On Debt Plan
• IRS Says Allied Ch. 11 Plan Doesn't Protect Right To Tax Claim
• Santander Slams Stradley's Bid To Ax $200M Malpractice Row
• EFH Gets Nod To Begin Trek Toward Ch. 11 Exit Bid In Sept.
• Allied Nevada Rips Objections To Ch. 11 Exec Bonuses
• Jury Clears BNY Unit In $460M Trial Tied To Refco Fraud
• Akin Gump Blasts Overcharging Claims In Cal Dive Bankruptcy
• Molycorp Judge Says Potential Miller Buckfire Fee Is Too High
• A&P Exec Says Union 'Bumping' Rules Threaten Store Sales
• Rules Body Looks To Ax 'Ancient Doc' Hearsay Exemption
• Bankrupt Endeavour Auctions Some Energy Assets For $10M
• Okla. Gas Producer Samson Resources Plans Ch. 11 Filing
• Baha Mar Judge Says Bahamian Case Doesn't Moot US Ch. 11
• Dewey Defense Grills Cooperator Over Shifting Claims
• Madoff Trustee Fights Dismissal Of Feeder Clawback Suit
• How Much Money Does It Take To Make A Lawyer Happy?
• ATP Oil Execs Again Slip Suit Over $1.5B Note Exchange
• Judge In SEC's Amerindo Case Calls Recusal Bid Sour Grapes
• EFH Judge To Weigh Plan For Rallying Stakeholders
• The Citco Settlement And What Lies Ahead For PwC
• Altegrity Gets Nod For Ch. 11 Plan Confirmation
• Hercules Offshore Cleared For Fast-Track Ch. 11
• Malibu Golf Club Slams US Bank's Bid To Toss It Into Ch. 7
• Hercules Could Signal Raft Of Offshore Ch. 11s, Fitch Says
• China Ex-Im Bank Says Bahamas Ruling Kills Baha Mar Ch. 11
• US Energy Objects To WBH Ch. 11 Confirmation
• Eurogroup Agrees To Send Billions To Greece In 3rd Bailout
• NY AG Joins Push For RadioShack Gift Card Notification
• MicroBilt Takes Maselli Warren Fee Fight To High Court
• The Dewey Trial Report: Conspiracy, Cover-Ups And The CFO
• Relativity Media Auction Postponed After Creditor Objections
• 6th Circ. Urged Not To Revive Chrysler Execs' Age Bias Claim
• TD Bank To Get $10M Up Front In Rothstein Trustee Deal
• 5th Circ. Axes $50M FCA Suit Hidden From Bankruptcy Court
• Green Jacobson Trustee Seeks To Claw Back Bonuses
• Dewey Cooperator Tells Of Fraud Cover-Up Inside Firm
• States Lose Bid To Stay $17M DBSI Trustee Suit
• US Trustee, SkyMall Trade Barbs Over Liquidating Plan
• Corinthian Students Allowed To File Collective $2.5B Claim
• GM Loses Bid To Freeze Ignition Switch, Enforcement Suits
• FTI Overcomes Fee Structure Objections In Colt Bankruptcy
• General Dynamics Lays Into $3.7M Israeli Tank Contract Suit
• Hercules Offshore The Latest Oil Driller To Hit Ch. 11
• Thelen Trustee Angles For Slice Of Artemis Fraud Settlement
• Asarco Bars Firm's Fee Deal In Baha Mar Ch. 11, Trustee Says
• OSG Investors Land $16M Deal In Tax Liability Fight
• Caesars Judge Puts Brakes On Bondholders' Vote-Buying Suit
• Payments To Securitized Loans Find A Safe Harbor, For Now
• SEC Says TelexFree Player Moved Assets, Should Be Jailed
• Argentina Sanctioned For Keeping Asset Info From Creditors
• Citco To Pay $125M To Exit Madoff Feeder Suit
• GM Withheld Knowledge Of Switch Defect, Court Hears
• Colt Union Says Any Ch. 11 Buyer Must Take On CBA
• Final Dewey 'Secret Seven' Member Says CFO Ordered Fraud
• Foreclosure Firm Fires Back In Mortgage Services Failure Suit
• Baha Mar Judge Pushes Back Hearing On Axing Ch. 11
• Howrey Landlords Win Priority On Unpaid Rent Claims
• ThinkFilm Trustee Loses Bid To Stay Bankruptcy Proceedings
• A&P Pushes To Change Employment Agreements In Ch. 11
• Kutak Rock Moves To Exit Trustee's $10M Malpractice Suit
• Insurer Can't Duck Defense Of Atty's Sanctions Row
• A Tangled Web Of Bankruptcy Jurisdictional Questions
• Bankrupt Altegrity Strikes Deal Ending False-Billing Claims
• Dechert Fights Bottle Maker's $80M Suit Over Ch. 11 Exec. Pay
• Sidley, Proskauer, Dewey Trust Dodge $52M Malpractice Suit
• Boomerang's Ch. 11 Pact Earns Judge's Approval
• Court Lets GM Restrict Jenner & Block Chairman's Deposition
• BofA Cut Its Losses In Dewey's Final Month, Jury Hears
• Bondholders Claim Caesars Buying Votes For Ch. 11 Plan
• Greece, Creditors Agree 'In Principle' To Bailout Terms
• Mineral Park Gets Nod To Distribute $10M In Sale Proceeds
• Texas AG Wants RadioShack To Notify Gift Card Holders
• Akin Gump's Cal Dive Bankruptcy Bills Excessive, BofA Says
• Puerto Rico Water Agency To Offer $750M In Revenue Bonds
• Columbia House DVD Parent Eyes Quick Ch. 11 Asset Sale
• EFH Unsecured Creditors Balk At Hunt Deal To Exit Ch. 11
• Mercedes Urges 8th Circ. To Uphold Trucking Row Dismissal
• Kingate Can't Duck $825M Madoff Clawback Suit
• Flintkote Ch. 11 Plan Cleared After $575M Asbestos Accord
• A Cautionary Tale Of CERCLA's Settlement Limitation Period
• ThinkFilm Trustee Says Aramid Bankruptcy Deal Is A Ploy
• 5th Circ. Revives Gov't's MBS Suit Against Goldman, Others
• 3rd Circ. Says Standing Is Uncertain In New Century Fight
• China Ex-Im Bank Can't Block Discovery In Baha Mar Case
• Culhane Meadows Sued For Malpractice Over Ch. 11 Advice
• NJ Hospital Hits Ch. 11 As It Waits For State To Clear Sale
• Dechert Agrees To Pay $2.4M Over Coudert Partner Defections
• A&P Gets Go-Ahead To Auction Off 118 Stores
• Owner Of Columbia House DVD Service Files For Bankruptcy
• Dewey Billing Chief Says CFO Ordered Invoice Fraud
• EFH Agrees To Hunt Deal With Eye Toward Ch. 11 Exit
• LCN Capital Wants Dewey Invoice Fight Moved To State Court
• 2nd Circ. Raps Argentina Bond Row Judge For Flouting Ruling
• Nondebtors Wrongly Consolidated With Debtor, Justices Told
• Aramid Exec.'s SLAPP Defense Against Extortion Suit Fails
• Wyo. Girds For $411M Fight With Bankrupt Miner
• China Bank Criticizes Baha Mar's Actions In Bankruptcy Battle
• 3rd Circ. Affirms Superfund Fine For Alsol Partners
• GM Files To Dismiss Ignition Switch Plaintiffs Over Discovery
• Ex-Taylor Bean Head Asks Justices To Hear $2.9B Fraud Rap
• RadioShack Extends Gift Card Claims, Settles Creditor Fights
• Madoff Trustee Says Accountant Owes $20M For Aiding Fraud
• A&P Creditors Object To $100M Bankruptcy Financing
• 2nd Circ. Misses Chance To Ditch Dewsnup
• 5 Ways To Keep Athletes Off Of The Financial Disabled List
• Trustee Says Patriot Coal Missing Docs, Legal Justification
• OSG Investors Pitch $16M Settlement In Securities Action
• US Trustee Says Cache Kept Workers' Health Care Deductions
• Steward Says Bankruptcy Court No Place For Severance Row
• Simply Fashion Creditors Go After Insiders' Claims
• The Insured Value Of A Bankruptcy Claim: A New Variation
• States, Ignition-Switch Plaintiffs Fight GM Over Stay
• Bondholders Balk At FTI Fee Structure In Colt Bankruptcy
• Baha Mar Alleges 'Conspiracy' Between Contractor, Gov't
• Winston & Strawn Wins Stay In $107M Malpractice Suit
• Class Cert. Bid In $43M RadioShack Gift Card Suit Takes Fire
• Dewey Trial Ahead Of Schedule Despite Juror's Illness
• Coal Miner Alpha Gets Interim OK On $600M DIP Package
• New Claims Against Oil Co.'s CEO Already Settled: 3rd Circ.
• IBRC Gets Ch. 15 Recognition Affirmed In District Court Appeal
• Saladworks Clears Way For Creditor Vote On $17M Plan
• NY Court Rebuffs Hummer Injury Claim Against GM Trust
• Gaming Co. Wants 'Exit Strategy' Email On $125M Deal Barred
• 'Hubristic' Attempt To DQ Atty In Ch. 7 Case Draws Sanctions
• Mineral Park Creditors Reach Ch. 11 Sale Allocation Deal
• Archdiocese To Pay $21M To End Abuse Suits In Ch. 11
• Caesars Bankruptcy Investigator To Scrutinize $30B Buyout
• Ch. 11 No Easy Way Out For Bankrupt Coal Cos.
• Is The Promise Of Reorganization In Health Care Illusory?
• Eurozone Lenders Upbeat About Greek Bailout Deal Talks
• Trafigura Bristles At $15M Tax Claim In Mineral Park Ch. 11
• SIGA Says It Needs Time To Keep Ch. 11 Talks On Track
• Trustee Takes Aim At Fee Requests In Boomerang Bankruptcy
• Caesars To Wait 2 Months To Argue Parent Company's Fate
• Ch. 11 Report Can Help Courts Resolve Splits, Judges Say
• Dewey Prosecutors Struggle To Pin Down Ex-Chairman Davis
• 9th Circ. Sanctions Atty With 'Propensity For Distortion'
• Optim Judge Won't Put Ch. 11 Plan On Hold For Appeal
• Ocala Trust Sues USAmeriBank Over $5M Transfer In Fraud
• Lehman Gets Green Light For $1.89B Creditor Distribution
• GE Slips Suit Alleging Role In $3.6B Petters Ponzi Plot
• 2nd Circ. Rejects NH City's Tax Claim Against FairPoint Unit
• Bankruptcy Triggers For The Duty To Preserve Evidence
• Farmers Agent Axed To Pay Debt Loses Appeal To 8th Circ.
• NJ Foreclosure Firm Zucker Goldberg Files Chapter 11
• 50 Cent Discloses $3M In Monthly Expenses, Income In Ch. 11
• Ex-Dewey Billing Director Describes Making False Invoices
• Puerto Rico Misses Bond Payment, Defaults
• Ex-Delta Petroleum Exec Asks Justices To Clarify Causation
• Borders Trust Asks High Court To Pass On Gift Card Spat
• Baha Mar Judge Agrees To Consider Bid To Scrap Ch. 11
• Calif. Says Ch. 11 No Bar To Corinthian Disciplinary Action
• Idaho Gold Miner Premium Exploration Lands In Ch. 11
• Ky. Improperly Charged Fuel Co. For Excise Tax: 7th Circ.
• Alpha Files For Bankruptcy With $7.1B In Debt
• Will 3rd Circ. Be Next To Ban 'Equitable Mootness'?