Fillings

The Dewey Bankruptcy: Pot Shots and Finger-Wagging - Wall Street Journal

06/13/12

After a week or so of motions, objections and behind-the-scenes wrangling, a hearing Wednesday afternoon in federal bankruptcy court will set the ... Some of the papers filed by the firm and its creditors as they tried to hammer out the terms ...

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Filing for Bankruptcy? You Still Have to Pay Child Support - jdsupra.com

06/13/12

A Florida man almost escaped $180,000 in past-due child support when his ex-wife and the state didn’t bother to claim the debt during his bankruptcy proceedings, but a federal court has affirmed that he still owes the money nevertheless . Man faced ...

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RLPC: LightSquared, creditors agree on use of cash - Reuters

06/13/12

LightSquared management has so far gotten by on about $15 million of unencumbered cash at the LightSquared holding company level since filing for bankruptcy on May 14, but needed access to the encumbered cash to continue operating. The company ...

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What on earth is Warren Buffett thinking on ResCap?! - Forbes

06/13/12

A hearing to set the ground rules for the sales process is scheduled for June 18 at the bankruptcy court in Manhattan. With yesterday’s filing, Berkshire sought to get a jump on potential rivals by stepping into the role of stalking horse ...

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The Dewey Bankruptcy: Pot Shots and Finger-Wagging - Wall Street Journal

06/13/12

could get in exchange for allowing Dewey to use their cash collateral to fund the bankruptcy process. According to court papers filed on Tuesday, Dewey and the many and varied parties to which it owes money appear to have agreed on a basic plan ...

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Solyndra Complex on the Block Again - Wall Street Journal

06/13/12

Solyndra filed for Chapter 11 bankruptcy protection in September and has since shut down operations. The buildings and land are the subject of enduring political discord as Democrats and Republicans snipe over whether the defunct start-up is an ...

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Ex-Manson Follower Seeks to Stop Tape Release - msnbc.com

06/13/12

Last month, bankruptcy Judge Brenda T ... would be done "in the presence of the trustee or a court designed person," according to Watson's filing. Such an arrangement is not adequate, according to LAPD Commander Andrew Smith. "Just to sit down and listen ...

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Residential Capital Files Bankruptcy: Part 1 of 2 - jdsupra.com

06/13/12

Residential Capital, a residential mortgage loan originator and a subsidiary of Ally Financial Inc. (formerly GMAC), filed for Chapter 11 bankruptcy protection in New York on May 14, 2012. Ally Financial was the financial arm of General Motors and ...

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Vitro's Mexican Bankruptcy Has New York Hedge Funds Screaming Caramba! - Forbes

06/13/12

invoked the Mexican bankruptcy process when they filed involuntary petitions against various Vitro companies in Mexico as part of their overall litigation/liquidation strategy Vitro pressed ahead with the reorganization in Mexico and in March ...

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Former FNCB board member Cestone files for bankruptcy - Scranton Times-Tribune

06/13/12

Former board member of Dunmore-based First National Community Bank Michael G. Cestone filed for bankruptcy and is seeking protection from creditors. He estimates liabilities between $100,000,001 and $500 million and assets between $50,001 and $ ...

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