Bankruptcy Blogs

Solyndra’s Legal Team Pours It On as Political Spotlight Burns

10/18/12
Associated Press

As if bankruptcy itself were not tough enough, Solyndra had the ill fortune to sink with $527 million of taxpayer loans and a private equity owner with links to President

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To Thwart CyberAttacks, Hire More Forensics Investigators

10/18/12

We need more experts who can investigate what happened and identify the perpetrators of attacks rather than simply focus on protecting our critical infrastructure.

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How Acquiring Banks Can Make a Solid First Impression

10/18/12

Consistency and ample communication are the cornerstones of acquisition announcements. Compassion and reassurance to your new team members flow to your customers and the community.

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Another Day at Citi; B of A's Legal Woes

10/18/12

Receiving Wide Coverage ...

Citi's Shakeup, Day Two — Receiving Unsolicited Advice and Reassuring Everyone: Yesterday saw the introduction of new CEO Michael Corbat, and today Citi's rolling out the man who installed him atop the bank. Michael O'Neill "represents a new generation" of bank directors, the Times declares, citing his "unusual" decision to visit Citi's trading floors and take a close look at the bank's business lines after he became chairman of the bank earlier...

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The Daily Docket: Hawker Plans to Exit Bankruptcy on Its Own

10/18/12

Hawker Beechcraft said it plans to emerge from Chapter 11 protection as a standalone company and is no longer pursuing a transaction with China’s Superior Aviation Beijing Co. Read the Daily Bankruptcy Review article here.

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Money Market Funds' U.S. Guarantee Was Limited and Temporary

10/18/12

And for the same reason those guarantees were limited and temporary - namely, moral hazard - TAG should not be extended.

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Lithium-ion Battery Manufacturer, A123 Systems, Files for Bankruptcy in Delaware

10/17/12

On October 16, 2012, battery maker A123 Systems, Inc., and various subsidiaries, filed chapter 11 petitions for bankruptcy in the United States Bankruptcy Court for the District of Delaware.  A123 started its business in 2001 seeking to capitalize on the growing use of lithium-ion batteries in transportation and energy systems.  According to papers filed with the Bankruptcy Court, the company first began producing commercial batteries in 2006.  See Declaration of David Prystash in Support of Chapter 11 Petitions and First Day Motions (hereinafter the "Decl.") at *4.

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Executives Supply First Line of Defense Against Mounting Cyberattacks

10/17/12

Relying solely on a fortress mentality that trusts in firewalls, antivirus and other countermeasure technologies has been shown, time and again, to be insufficient.

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Protecting Public Rights

10/17/12

Contracts professors, policymakers, consumer groups and others have become particularly interested in another post-AT&T Mobility LLC v. Concepcion case.
 The United States Court of Appeals for the Ninth Circuit recently agreed to an en banc rehearing
of Kilgore v. Keybank, 673 F.3d 947 (9th Cir. 2012).

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