News

In Dewey talks, a surprise $50 mln insurance policy emerges - Reuters

07/20/12

NEW YORK, July 20 (Reuters) - A $50 million insurance policy is emerging as a key factor in efforts to resolve the bankruptcy of defunct law firm Dewey & LeBoeuf and avoid years of costly litigation. The policy, taken out by Dewey in October ...

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In Dewey talks, a surprise $50 mln insurance policy emerges - Reuters UK

07/20/12

NEW YORK, July 20 (Reuters) - A $50 million insurance policy is emerging as a key factor in efforts to resolve the bankruptcy of defunct law firm Dewey & LeBoeuf and avoid years of costly litigation. The policy, taken out by Dewey in October ...

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Judge approves settlement in Donnan bankruptcy - Gwinnett Daily Post

07/20/12

(AP) -- A federal bankruptcy judge has approved a settlement plan in ... if not all, of the contentious litigation that has surrounded it," they said in a news release. "This is a significant step in that process." Creditors will be able to ...

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The Broke and the Beautiful: Anniversary Edition - Wall Street Journal

07/20/12

Dykstra, who called bankruptcy a “step to success” upon filing for Chapter 11 in 2009, could get up to 20 years in prison for one count of bankruptcy fraud, one count of money laundering and one count of concealing assets from the court.

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Bankruptcy judge approves settlement in case of former Georgia coach Jim Donnan - WMC-TV

07/20/12

ATHENS, Ga. (AP) - A federal bankruptcy judge has approved a settlement plan in the case of former University of Georgia football coach Jim Donnan. The Athens Banner-Herald reports (http://bit.ly/PfZiXa) the judge approved the plan after Donnan's creditors ...

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Union seeks to transfer Patriot Coal bankruptcy to W. Va. - St. Louis Post-Dispatch

07/20/12

The United Mineworkers Association of America, the labor union that represents thousands of Patriot Coal Corp. employees and retirees, is asking the judge overseeing the coal producer's bankruptcy to transfer the case from New York to southern West Virginia.

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Federal bankruptcy judge approves settlement in case of former UGA football coach Jim Donnan - Republic

07/20/12

A federal bankruptcy judge has approved a settlement plan in the ... if not all, of the contentious litigation that has surrounded it," they said in a news release. "This is a significant step in that process." Creditors will be able to filed claims ...

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BANKRUPTCY WEEK AHEAD: Judges to Weigh Bonuses for Dewey, Hawker - 4-traders (press release)

07/20/12

It's a bonus bonanza in bankruptcy court next week ... Beechcraft Inc., which Thursday will seek a Manhattan judge's approval to pay a maximum of $7.2 million in bonuses for its executives and managers. Hawker is proposing two separate plans, one of ...

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Finance, Insolvency & Restructuring Alert - Michigan Court Authorizes Receiver Sale Of Real Property Free And Clear Of Redemption Rights - Mondaq

07/20/12

Receiver sales free and clear of these liens and rights are often ... The Devil (Dog) ® Is In The Details: Bankruptcy Court Denies Hostess’s Motion To Reject Collective Bargaining Agreements On Narrow Factual Grounds (Cadwalader, Wickersham & Taft ...

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BMS Announces the Addition of U.S. Bank – 5th Largest Commercial Bank in the United States - YAHOO!

07/20/12

Our software solutions support the administrative and legislative requirements of Chapter 7 and Chapter 11 trustees, as well as a variety of bankruptcy fiduciaries. BMS understands the complexities involved in bankruptcy and has developed ...

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