Current Affairs

American Airlines' $30 million London town house

12/14/11

"Buried deep in American Airlines' Chapter 11 bankruptcy filing is a striking asset -- a town house in one of London's most expensive residential streets that property experts say could be worth up to $30 million." Read more here.

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American Airlines' $30 million London town house

12/14/11

"Buried deep in American Airlines' Chapter 11 bankruptcy filing is a striking asset -- a town house in one of London's most expensive residential streets that property experts say could be worth up to $30 million." Read more here.

[more]

UC Irvine Announces Better Clerkship Numbers Than Almost Everyone Else

12/13/11

Thank you to the Hon. Scott Clarkson for the lead on this: "UC Irvine Announces Better Clerkship Numbers Than Almost Everyone Else" By Christopher Danzing Read the article here. United States Bankruptcy Court - Central District of California Santa Ana,...

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UC Irvine Announces Better Clerkship Numbers Than Almost Everyone Else

12/13/11

Thank you to the Hon. Scott Clarkson for the lead on this: "UC Irvine Announces Better Clerkship Numbers Than Almost Everyone Else" By Christopher Danzing Read the article here. United States Bankruptcy Court - Central District of California Santa Ana,...

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Two more bankruptcy preparers facing possible criminal contempt charges

12/05/11

"Cases against two additional bankruptcy petition preparers are being sent to the U.S. Attorneys Office, bringing to four the number of criminal contempt cases against preparers under review by federal prosecutors. Cases against Jennifer Valente Abbott, a disbarred attorney, and...

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AMR Record $4.1 Billion Bankruptcy Cash Mutes Takeover Risk

12/05/11

"AMR Corp.'s $4.1 billion in cash, the most ever for a U.S. carrier entering bankruptcy, may help the parent of American Airlines preserve its independence. Filing for Chapter 11 with that much in cash and short-term investments strengthened the third-largest...

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T-Boz: CrazySexyBankrupt

11/28/11

"T-Boz ain't too proud to beg -- just like TLC sang back in the 90s -- because she's filed for bankruptcy. According to docs filed last month in U.S. Bankruptcy Court, T-Boz (real name Tionne Watkins) found herself owing creditors...

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Louis Freeh, Former FBI Director, Appointed Trustee In MF Global Bankruptcy Case

11/28/11

"Former FBI director Louis Freeh was appointed trustee in the MF Global (MFGLQ.PK) bankruptcy case on Friday, days after he was hired to lead an independent probe into a sex abuse scandal at Penn State University. Freeh, also a former...

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Tobey Maguire, others settle over poker winnings

11/28/11

"Tobey Maguire has decided to fold 'em and settle a lawsuit over his winnings from a convicted con man during high-stakes Hollywood poker games. The 'Spider-Man' star agreed to pay $80,000 to settle the lawsuit filed over more than $311,000...

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Judge rejects Las Vegas Monorail budget plan

11/21/11

"A federal judge has rejected the Las Vegas Monorail's plan for financial solvency. The Las Vegas Review-Journal reports that U.S. Bankruptcy Court Judge Bruce Markell rejected Friday the monorail's plan to exit Chapter 11 bankruptcy because the terms 'doom it...

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