Liquidation

The Daily Docket: Judge Says TelexFree Chapter 11 Must Go to Massachussets

05/07/14

A bankruptcy judge Tuesday rebuffed TelexFree LLC’s efforts to keep its Chapter 11 proceedings out of Massachusetts, where most of the company’s assets and operations are based. The Daily Bankruptcy Review article is available here.

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Calumet Photographic Sold to C&A Marketing

05/06/14

Retailer Calumet Photographic, whose abrupt shuttering this year shocked photography pros and enthusiasts, is under new ownership.

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Nortel’s Hush-Hush $7.3 Billion Court Fight

05/06/14

In less than a week, Nortel Networks’ U.S., Canadian and European divisions will launch a courtroom contest over $7.3 billion in cash, a massive, innovative, cross-border six-week trial that will test…well, something.

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