Search for: "Bank of New York Mellon"
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25 Nov 2009, 1:24 pm
Banks" in the Disney version of Mary Poppins (1964). [read post]
18 Nov 2009, 6:28 pm
After first seeking approval to sell its assets to an entity formed by Wayzata Investment Partners LLC and being instructed by the court to reopen the auction, Foamex sold its assets to The Bank of New York Mellon (BNYM), as administrative and collateral agent under Foamex's prepetition senior secured first lien term loan facility, pursuant to a $155 million credit bid.That sale closed on June 12, 2009, leaving Foamex with approximately $10 million in… [read post]
17 Nov 2009, 12:19 pm
On November 2, 2009, a class action was filed in the Central District of California against Wells Fargo Bank and Bank of New York Mellon on behalf of investors who purchased Medical Capital notes. [read post]
5 Nov 2009, 12:47 pm
Kelly, chief executive of Bank of New York Mellon, told his senior managers on Thursday that he was not interested in taking the top job at Bank of America, defusing speculation that he would leave his current post. [read post]
28 Oct 2009, 2:13 pm
The companies subsequently sold substantially all of their assets pursuant to a court-approved procedure.Pursuant to a stipulation with the Bank of New York Mellon, in its role as agent to its Term A lenders, and the Official Committee of Unsecured Creditors, the sale proceeds were distributed. [read post]
22 Oct 2009, 10:03 pm
Russia settles $22.5 billion Bank of New York Mellon lawsuit, much written about in this space, for only $14 million, which works out to seven hundredths of a cent on the dollar, right? [read post]
21 Oct 2009, 2:52 am
Some investors defrauded by epic swindler Bernard Madoff on Tuesday added accounting firm KPMG, JPMorgan Chase and Bank of New York Mellon to a civil lawsuit in a New York court. [read post]
19 Oct 2009, 1:30 pm
The revelation comes in a recent New York Times article about how so-called “scrubbed” patient data isn’t as anonymous as people think. [read post]
5 Oct 2009, 2:43 pm
Bank of New York Mellon is ready to seek wealth management acquisitions across the United States as well as expand in several overseas markets. [read post]
29 Sep 2009, 8:11 am
Investors who suffered huge financial losses from Medical Capital Holdings are now taking legal action against Wells Fargo & Co. and The Bank of New York Mellon Corp., charging that the two banks, which served as trustees for five of Medical Capital's special-purpose corporations, failed to protect MedCap investors. [read post]
16 Sep 2009, 9:59 am
Just like I'm always saying -- this from the Wall Street Journal Law Blog [T]he Bank of New York Mellon has reached an agreement to settle a $22.5 billion lawsuit by the Russian government for $14 million. [read post]
16 Sep 2009, 2:20 am
We've previously written about the $22.5 billion RICO suit that Podhurst's Steven Marks brought in Russia against the Bank of New York Mellon, which involved an expert affidavit by none other than Michael Hanzman.Forbes previously reported that the plaintiffs were looking at something like $800 million as a reasonable settlement figure.Looks like that didn't go too well:The Bank of New York Mellon has reached an… [read post]
15 Sep 2009, 4:58 pm
RICO laws in a Moscow court in a $22.5 billion Russian suit against Bank of New York Mellon raised plenty of eyebrows. [read post]
14 Sep 2009, 2:39 pm
The Russia/Bank of New York Mellon case has long been a source of serious befuddlement on our part: How is it possible, we’ve asked, that a foreign country (Russia) can successfully sue a U.S. company in Russia, invoking a U.S. law? [read post]
8 Sep 2009, 2:49 am
" After Cheyne collapsed, the investors filed suit against Morgan Stanley, which had promoted and distributed the notes; Bank of New York Mellon, which had provided certain custodial and administrative services for Cheyne; and the rating agencies (including Moody’s and S&P and their corporate parents). [read post]
3 Sep 2009, 8:52 am
Escada (USA) filed for bankruptcy protection on August 14, 2009 in the Southern District of New York bankruptcy court.The members of the Creditors' Committee are:Bayerische Hypo-und VeriensbankThe Bank of New York Mellon Trust Company, N.A.Basil David PostanCentury Direct LLCSpecialty Transport Solutions International Inc.Download copies of every document filed in the Escada (USA) bankruptcy case and the bankruptcy cases of over 600 other… [read post]
2 Sep 2009, 9:30 am
People’s United Bank, Inc., and Bank of New York Mellon, Inc., No. 3:08-cv-00944-VLB (D. [read post]
17 Aug 2009, 11:30 am
The New York City Housing Development Corporation is contributing $21.7 million and a loan of $71.4 million for the construction of the project, supported with a letter of credit provided by JPMorgan Chase and Bank of New York Mellon. [read post]
11 Aug 2009, 4:02 am
The resolution of a dispute between Lehman Brothers Holdings and a unit of Bank of New York Mellon may ultimately be in the hands of a U.S. bankruptcy judge, Bloomberg News reported, and could affect billions of dollars of similar contracts. [read post]
9 Jun 2009, 8:11 pm
Ten banks, including JP Morgan Chase, Morgan Stanley, American Express, Bank of New York Mellon, BB&T Corp, Capital One, Northern Trust, State Street, U.S. [read post]
