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26 Feb 2010, 8:23 pm by Brett Alcala
On February 26, 2010, the Chapter 11 trustee for the Provident Royalties LLC, et al. bankruptcy matter submitted a proposed plan that would, among other things, ask investors to assign any rights they may have against third parties such as stockbrokers who made unsuitable recommendations to invest in securities offered by Provident Royalties and Provident Asset Management. [read post]
14 Dec 2009, 7:08 am
Chrysler LLC, et al., 09-285), the Court vacated a Second Circuit Court ruling that had endorsed the use of a reorganization-bypass method - a quick sale of assets - in order to save a failing company. [read post]
28 Oct 2009, 11:25 pm
The four investment firms, Citigroup, AK Capital, National Financial Services, and Tradestation, agreed to the censures and fines but did not admit to or deny wrongdoing. [read post]
5 Sep 2009, 8:00 am
Lorne Vice Chairman and Chief Legal Officer of Millennium Management LLC Co-Director Stanford Law School's Director's College Thomas Z. [read post]