363 Sales

SCC rules bankrupt oil firm's assets must meet provincial cleanup obligations ahead of paying secured creditors - The Lawyer's Daily

01/31/19

SCC rules bankrupt oil firm's assets must meet provincial cleanup obligations ahead of paying secured creditors  The Lawyer's Daily

The Supreme Court of Canada has ruled 5-2 that the trustee of a bankrupt Alberta oil and gas company must first use the money in the bankrupt's estate to ...

[more]

Supreme Court says bankrupt corporations must pay for environmental cleanup first, pay debtors later - rabble.ca

01/31/19

Supreme Court says bankrupt corporations must pay for environmental cleanup first, pay debtors later  rabble.ca

In its 5-2 decision this morning, the Supreme Court ruled in Orphan Well Association, et al. v. Grant Thornton Limited, et al. (better known as the Redwater case, ...

[more]

Walgreens buys 63 pharmacy locations from bankrupt Shopko - Milwaukee Business Journal

01/31/19

Walgreens buys 63 pharmacy locations from bankrupt Shopko  Milwaukee Business Journal

Walgreens will take over 63 pharmacy locations from Shopko Stores Operating Co. LLC after a bankruptcy judge approved sales for some of the retailer's assets.

[more]

Warren wants worker protections amid Sears bankruptcy - Compliance Week

01/31/19

Warren wants worker protections amid Sears bankruptcy  Compliance Week

Bankruptcy proceedings for the legendary American retailer Sears, a company that has teetered on the edge of insolvency for years, just became even more ...

[more]

Florida Appeals Court Reinstates Felony Charges for Unregistered Bitcoin Sale - Cointelegraph

01/31/19

Florida Appeals Court Reinstates Felony Charges for Unregistered Bitcoin Sale  Cointelegraph

News. A United States appellate court in the state of Florida has reinstated charges against a man who sold Bitcoin (BTC) to an undercover police officer, local ...

[more]

League of Women Voters Forum on possible sale of the hospital, Feb. 8 - Sonoma West

01/31/19

League of Women Voters Forum on possible sale of the hospital, Feb. 8  Sonoma West

Questions about the proposed sale of Sebastopol's struggling hospital will be asked and answered at a Town Hall Forum on Friday, Feb. 8 sponsored by the ...

[more]

No new Ocean City brewery? OC Brewing files for bankruptcy, auctioning equipment - Delmarva Daily Times

01/31/19

No new Ocean City brewery? OC Brewing files for bankruptcy, auctioning equipment  Delmarva Daily Times

OC Brewing Company's equipment is up for auction after the it filed for bankruptcy last year, signaling a no-go for a new brewery at that location.

[more]

Court allows sale of troubled Oregon dairy farm to proceed - PostBulletin.com

01/31/19

Court allows sale of troubled Oregon dairy farm to proceed  PostBulletin.com

SALEM, Ore. — A federal bankruptcy judge has allowed the proposed sale of the troubled Lost Valley Farm to proceed despite objections by Oregon agencies ...

[more]

The clean-up comes before creditors, SCC rules in Orphan Well Association ruling: "Bankruptcy is not a license to ignore rules" - CBA National

01/31/19

The clean-up comes before creditors, SCC rules in Orphan Well Association ruling: "Bankruptcy is not a license to ignore rules"  CBA National

When oil and gas companies go bankrupt, the proceeds of the sale of remaining assets should go to the clean-up of left behind orphan wells and take priority ...

[more]