Lawsuits

Ocala Funding LLC, the mortgage-securities unit of defunct lender Taylor, Bean & Whitaker Mortgage Corp ., filed for Chapter 11 protection Tuesday in a bid to recover more than $800 million it said Taylor Bean’s now-imprisoned leaders looted from its coffers. Read the Daily Bankruptcy Review article here.

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 ...

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 ...

Penman said he could not give additional information, including which agencies he had given the evidence, because of the pending bankruptcy. "I think as city attorney, when we have litigation pending -- and bankruptcy is a form of litigation ...

give back as much as $103.6 million in compensation and other benefits or face years of litigation. Once one of New York's largest firms, Dewey filed for bankruptcy six weeks ago and owes more than $315 million to banks and other creditors. It is the ...