Bankruptcy Blogs

There will be no stopping the presses.

Until recently, Neff Volunteer Fire Department officials shrugged over what to do with the 56 acres of rural Ohio that a woman left the department after she died.

The financially struggling department, which answers emergency calls within 34 square miles of Belmont County along the Pennsylvania border, had enough trouble dealing with unpaid tax bills and its money-losing operations.

Then a Texas oil and natural gas drilling firm came knocking.

Dish Network Corp. and Chairman Charlie Ergen wants a lawsuit over his LightSquared debt purchases dismissed, saying it is a “conspiracy theory” that makes no sense, the Daily Bankruptcy Review reports.

Commercial loan officers must use judgment in discussions and email exchanges with property moguls, whose lawyers will construe statements and written correspondence in a way most favorable to the borrower.