Lawsuits

"We decided to take a wait-and-see approach like everyone else because they still have their lease until the bankruptcy litigation is resolved," said TABC attorney David Duncan. "And, frankly, I don't know how long that is going to take."

"We decided to take a wait-and-see approach like everyone else because they still have their lease until the bankruptcy litigation is resolved," said TABC Attorney David Duncan. "And, frankly, I don't know how long that is going to take."

"I can't recall a case that where you had this many properties and this many competing claims, was this contentious and had this much litigation following the dismissal of the Chapter 11 (bankruptcy)," said Michael Polsky, a Milwaukee attorney ...

The trustee unwinding the brokerage of MF Global Holdings Ltd. struck a deal with CME Group Inc. that will see the futures-exchange operator turn over about $130 million in property that will go to former customers of the collapsed firm. Read the Daily Bankruptcy Review article via The Wall Street Journal.

The Federal Court litigation had been highly contested and began when the ... the lender took steps to commence foreclosure proceedings and forced the client to file bankruptcy. While pursuing its claims in the Bankruptcy Court, the lender continued ...