News Topic: Current Affairs

"The national organization of bankruptcy judges says reporters are welcome to cover Supreme Court Justice Elena Kagan’s talk at its convention in mid-October, if they pay $100." Read more here. I will in Tampa for the NCBJ -- can't wait!... ... Read full article

"Sixteen years ago, Michelle DiLieto's doctors told her she had cancer and removed her reproductive organs. Facing steep bills and ongoing medical complications, she filed for bankruptcy a year later. As she struggled in bankruptcy, DiLieto was ... Read full article

"Hussey Copper of Leetsdale has filed for bankruptcy and has a letter of intent with a potential buyer. The action comes after the 163-year-old copper producer defaulted on a loan agreement with PNC Bank and other lenders and failed to... ... Read full article

"The cost to protect Eastman Kodak Co. (EK)’s debt from default jumped as the unprofitable 131-year-old camera maker is said to be weighing options including a bankruptcy filing. Credit-default swaps linked to the Rochester, New York-based company ... Read full article

"Friendly's is on the verge of bankruptcy, according to a report from the Wall Street Journal. The ice cream and casual dining chain will apparently file for Chapter 11 protection as early as next week. The Journal reports that the... ... Read full article

"The Los Angeles Dodgers fought back against Major League Baseball's attempt to wrest control of the bankrupt baseball team from Frank McCourt, asking a federal court to delay considering the league's requests to sell the team and throw out ... Read full article

"A pair of lawsuits filed Monday claim that Deloitte & Touche LLP, one of the nation's largest accounting firms, should pay $7.6 billion in damages for failing through years of audits to detect massive fraud at a now-defunct Florida ... Read full article

"Solar panel maker Solyndra LLC, which filed for bankruptcy after borrowing $535 million from the U.S. government, on Tuesday was cleared to begin a quick sale process that some creditors criticized as 'rushed.' U.S. Bankruptcy Judge Mary ... Read full article

"Los Angeles Dodgers season ticket holders want to make sure Frank McCourt isn't screwing them over in the team's bankruptcy proceedings -- and they've filed a motion to make sure they're protected. Attorneys representing a handful ... Read full article

From: Stanley J. Kartchner Sender: Bankruptcy law discussion list To: [email protected] ReplyTo: Stanley J. Kartchner Subject: deed of trust assignment and sale issues Sent: Sep 23, 2011 7:51 AM For those following developments in the area of ... Read full article

"It looks like Joe Giudice is going to deal with his debts, after all. At least, that's the impression he's giving. Nearly a year after Real Housewives of New Jersey reality star Teresa Giudice and her husband both filed for... ... Read full article

"Former Texas Rangers CEO Chuck Greenberg is interested in bidding for the bankrupt Dallas Stars of the National Hockey League, a lawyer said in a Delaware court Monday, according to a Bloomberg news report. Greenberg is part of Texas Hockey... ... Read full article

"Two top executives at a bankrupt California solar energy company say they will invoke their Fifth Amendment rights and refuse to answer questions when they appear at a House hearing on Friday." Read more here. ... Read full article

"An Ohio man has been charged with defrauding fellow Amish out of nearly $17 million by moving their money from safer securities to riskier investments subject to market fluctuations, federal prosecutors said Thursday...The indictment said nearly ... Read full article

"Bankruptcy has gotten more educated over the past five years, as financial distress spread to more of the population with college degrees, according to study results released Tuesday." Read more here. ... Read full article

"Former Canyon County Prosecutor John Bujak's estranged wife wants to separate her bankruptcy estate from his, the latest twist in the downfall of the southwestern Idaho Republican's political and personal fortunes." Read more here. ... Read full article

"The New Jersey Devils have found themselves in financial hot water, according to a report in the New York Post. They're in default on a loan and could be declared bankrupt. Via the Post: 'The attendance-challenged, heavily indebted team ... Read full article

"On July 6, Bruce Bennett analyzed a letter from a Los Angeles Dodgers fan about the team’s stunning bankruptcy filing. For his time — one-tenth of a legal hour, or six minutes — Bennett earned $97.50, exactly what he billed... ... Read full article