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20 Apr 2012, 4:38 am
Dewey & LeBoeuf is said to be contemplating a prearranged bankruptcy filing, in which the ailing law firm would reach an agreement with its creditors over a reorganization plan while simultaneously combining with another firm. [read post]
31 May 2007, 5:00 pm
Ever wonder where panel trustee Cynthia Skeen gets her script of questions for the meeting of creditors? [read post]
5 May 2024, 1:16 pm
These include protection from forced sale by most creditors and... [read post]
1 May 2009, 11:41 am
The FTC has again delayed the enforcement of the Red Flag Rules, giving creditors (which potentially includes health care providers) until August 1, 2009 to comply. [read post]
8 May 2024, 9:44 am
When it comes to safeguarding your home from creditors, Florida’s homestead exemption provides one of the strongest protections in the United States. [read post]
20 Dec 2009, 11:34 am
Citadel Broadcasting, one of the nation's biggest radio companies, filed for bankruptcy in New York on Sunday after reaching a pact with its creditors over an accelerated Chapter 11 filing. [read post]
18 Nov 2009, 1:14 pm
As MGM and its creditors weigh the future of the struggling movie company, they are turning to lawyers familiar with syndicated lending, troubled debt restructuring and Hollywood's inner workings. [read post]
8 Jun 2009, 4:03 am
As some of Clear Channel Communications' creditors are reportedly balking at a debt-swap proposal in hopes of triggering a default, the media company's private equity owners expressed confidence that they would win the stand-off. [read post]
20 Jun 2023, 10:27 am
Basically, you should file for bankruptcy if you are in significant debt, and possess a lot of income or other assets (home, vehicle, etc.) that creditors may be able to garnish. [read post]
15 May 2024, 9:45 am
A homestead under construction is not protected from creditors. [read post]
11 Sep 2020, 9:49 am
The firms represented three separate creditor groups in tense, months-long negotiations to restructure $65B of the country's debt. [read post]
9 Jun 2013, 4:00 am
If the trust distribution would be accessible to creditors, Steinmetz will not be able to receive distributions. [read post]
17 May 2010, 5:42 pm
When an over-leveraged LBO turns out to have an unsustainable capital structure, creditors in an ensuing bankruptcy or other restructuring MAY seek to recover payments made to selling shareholders in the LBO as fraudulent conveyances. [read post]
18 Apr 2011, 3:53 pm
"Former Anchorage developer Robert Kubick, now serving time for bankruptcy and tax fraud in a federal prison in California, may have to pay up to half a million dollars in restitution to his creditors, according to a recent ruling by... [read post]
5 Jul 2012, 7:29 am
An appeals court panel has upheld a $20.5 million arbitration award to creditors of the Bayou Group, who had accused Goldman Sachs of helping the hedge fund perpetrate a Ponzi scheme. [read post]
20 Apr 2011, 1:28 pm
Two former clients are alleging negligence and breach of fiduciary duty in a lawsuit stemming from the firm's work for creditors of the bankrupt charity National Heritage Foundation. [read post]
31 Jan 2016, 10:00 am
The recent decision by the United States Supreme Court that inherited IRAs are not protected from bankruptcy creditors creates a risk for clients but an opportunity for financial advisors. [read post]
29 Aug 2008, 11:41 am
Hundreds of travelers, including many in Europe, were stranded Thursday after Zoom Airlines, a low-cost carrier based in Ottawa, abruptly stopped operations and sought protection from creditors. [read post]
31 May 2007, 2:21 am
Insider trading can happen in lots of different ways, and Barclays Bank PLC chose an interesting one: using information from the creditors committees of bankrupt companies to trade in their debt securities. [read post]
18 Feb 2010, 3:23 am
With Fortress Investment Group reportedly behind on a $524 million loan payment for the company that owns the ski resort Whistler, creditors have scheduled a Friday auction in the middle of the Winter Olympics, The Associated Press reports. [read post]
