August 31, 2017
Paul Hastings LLP asked a New York bankruptcy court Wednesday to again stop an attempt by the trustee of bankrupt Doral Financial Corp. to claw back $3.9 million in payments to the firm, saying the trustee's amended complaint still lacks sufficient detail.
June 30, 2017
The trustee of bankrupt Doral Financial Corp. on Friday shot back at a bid to stop its attempted clawback of a $5.3 million payment made to Paul Hastings LLP just before the bank entered Chapter 11, saying the money came from it and not a subsidiary bank.
May 12, 2017
Paul Hastings LLP fought back Friday against an attempt by the trustee of bankrupt Doral Financial Corp. to take back a $5.3 million payment made just before the bank entered Chapter 11, saying the complaint was too vague and was blocked by a settlement with financial regulators.
March 29, 2017
A New York bankruptcy judge on Wednesday capped a $12 million whistleblower claim a former executive brought against Doral Financial Corp. at $242,000, agreeing with the trustee that the law limited his possible award.
March 20, 2017
The trustee of the bankrupt Doral Financial Corp. said Friday it wants Paul Hastings LLP to give back $5.3 million allegedly paid to settle old debts in full just before its 2015 Chapter 11 filing, telling a New York bankruptcy court the firm should've waited its turn and taken a haircut like all Doral's other creditors.
February 14, 2017
The trustee of the bankrupt Doral Financial Corp. asked a New York bankruptcy judge Monday to cap an ex-executive's $12 million whistleblowing claim at under $300,000, saying that's all he can get by law.
December 18, 2015
Bankrupt Doral Financial Corp. and its creditors sued Puerto Rico's Treasury secretary on Thursday, seeking a declaration that an $889 million tax agreement between the company and the commonwealth from 2006 is valid after an appellate court struck down a similar deal from 2012.
November 03, 2015
Puerto Rico-based Doral Financial Corp. will maintain exclusive control over its bankruptcy until the end of the year under a new ruling filed Monday that lets Doral keep working toward partial recoupment of a hotly contested $229 million tax credit.
May 19, 2015
Puerto Rico-based Doral Financial Corp. asked a New York bankruptcy judge on Tuesday to approve a $17.25 million sale of one of its companies to Popular Insurance LLC.
April 02, 2015
Puerto Rico's Doral Financial Corp. on Tuesday proposed selling off an insurance division at a bankruptcy auction anchored by Anglo-Puerto Rican Insurance Corp.'s $10.75 million stalking-horse offer, the first step toward repaying creditors since the lender's collapse into liquidation.