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.

10/05/11

"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!...

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More MERS news

10/05/11

From: Bankruptcy law discussion list [mailto:[email protected]] On Behalf Of Stanley J. Kartchner Sent: Wednesday, October 05, 2011 7:40 AM To: [email protected] Subject: More MERS news For those keeping track, several lawsuits challenging the MERS system were dismissed by a Phoenix...

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Woman Who Won $9 Million Judgment Faces Battle Over Bankruptcy Fees

10/04/11

"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 hit with more...

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Hussey Copper files for bankruptcy protection

09/30/11

"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...

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Friendly's Bankruptcy Filing Imminent, Says Report

09/30/11

"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...

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Kodak Debt Swaps Soar as Camera Maker Said to Weigh Bankruptcy

09/30/11

"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 rose 4 percentage...

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Dodgers Fans to McCourt: Show Us the Money In Bankruptcy Court!!

09/27/11

"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 of season ticket holders...

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Deloitte sued for $7.6B in mortgage fraud case

09/27/11

"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 mortgage...

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Solyndra cleared for October 27 bankruptcy auction

09/27/11

"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 Walrath in Delaware...

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Dodgers fight MLB request for control of team

09/27/11

"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 its...

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