Lawsuits

NEW YORK -(MarketWatch)- Standard & Poor's raised its outlook on Ally Financial Inc. to positive from stable Thursday as it expects the prearranged bankruptcy of its mortgage subsidiary to help it address mounting litigation risk. The subsidiary ...

Alabama lawmakers refused to throw struggling Jefferson County a financial lifeline with a bill that would have allowed it raise millions of dollars in taxes. The move would have helped the county plug holes in its general fund and ease it out of bankruptcy sooner. Read the Daily Bankruptcy Review article here.

The members were identified in a Wednesday night filing with the U.S. bankruptcy court in Manhattan ... is a representative for plaintiffs in separate mortgage lending litigation. The members were appointed by the Office of the U.S. Trustee ...

This lack of transparency between bankruptcy trusts and courts allows personal injury ... Louisiana’s current system for handling asbestos and silica litigation lacks transparency and allows claimants to “double dip”—or recover twice for the ...

"Corporate bankruptcy filings have steadily declined over the last ... middle-market corporations and government entities facing litigation, transactional or governance challenges. A national law firm with international capabilities, Kaye ...