Lawsuits

A settlement would eliminate the “litigation overhang” that comes with the risk ... money can be recovered from a successor to a polluting company, even when a bankruptcy ostensibly cleaned the slate. According to the complaint, The ...

through its litigation trust, has this week responded to Boeing's appeal of the Delaware Bankruptcy Court's determination which permitted AAI's litigation in federal court in Alabama against Boeing to proceed. The Alabama litigation, being carried out ...

Tronox emerged from bankruptcy in February 2011 after a battle among creditors over payouts, and new Tronox shares now trade on the New York Stock Exchange. The litigation trust, which has been joined by U.S. Department of Justice and the ...

The firm filed for Chapter 11 bankruptcy protection May 28. The deal would potentially avoid years of costly litigation, Joff Mitchell, chief restructuring officer for the bankruptcy, said during a four-hour meeting and conference call with more ...

Joff Mitchell, the chief restructuring officer for the bankruptcy, told a New York hotel conference room packed with former partners of the defunct firm they could avoid years of costly litigation by accepting the offer. If the former partners accept the ...