News

PEARSON EDUCATION INC v. ALMGREN - Findlaw.com

07/12/12

The costs of participating in the litigation quickly rendered Almgren insolvent, and he filed for Chapter 7 bankruptcy protection in the District of Minnesota. The publishers filed proofs of claim and initiated an adversarial proceeding in the bankruptcy ...

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Valensi Rose PLC Partner Gary Torrell Speaks on Tax Law and Bankruptcy at Beverly Hills Bar - Newswiretoday.com

07/12/12

The luncheon program is designed to provide a brief overview of the three most common types of bankruptcy cases filed by individuals and businesses, Chapters 7, 11 and 13. Mr. Torrell is joined by co-speaker David M. Agler of Crowe Horwath LLP. They will ...

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US Airways tells bankruptcy court it supports more time for AMR to file turnaround plan - Washington Post

07/12/12

US Airways said in a filing Thursday in U.S. bankruptcy court that it supports AMR’s request for more time to draft a reorganization plan.

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Stockton bankruptcy signals attack on US pensions - World Socialist Web Site

07/12/12

The recent bankruptcy filing by the city of Stockton, California, will likely entail the ending of contributions to retired city workers’ health care plans. The move is part of a growing trend among US municipalities, states, and private corporations to ...

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Alabama Aircraft Litigation Against Boeing Moves Forward - Marketwatch

07/12/12

... Litigation Trust under the direction of the Litigation Trustee, seeks up to $100 million in damages from Boeing for fraudulent and unfair business practices, which culminated in bankruptcy of the company. The Litigation Trustee today ...

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Stockton Bankruptcy Judge Appoints Mediator, Orders Meeting - Businessweek

07/12/12

The judge overseeing Stockton, California’s bankruptcy appointed a fellow judge as mediator for the case and ordered the city and its creditors to meet with her next month. U.S. Bankruptcy Judge Elizabeth L. Perris will hold a conference on ...

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San Bernardino working on pre-bankruptcy opinion - msnbc.com

07/12/12

A state law requires financially distressed municipalities to enter into talks with creditors to try to avert Chapter 9 bankruptcy filings, but they may skip negotiations by declaring a fiscal emergency. The city council will receive an opinion on its ...

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San Bernardino working on pre-bankruptcy opinion - Reuters

07/12/12

A state law requires financially distressed municipalities to enter into talks with creditors to try to avert Chapter 9 bankruptcy filings, but they may skip negotiations by declaring a fiscal emergency. The city council will receive an opinion ...

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UPDATE 3-Anadarko, Tronox trial halted for settlement talks - Reuters UK

07/12/12

Tronox emerged from bankruptcy in February 2011 after a battle among creditors over payouts, and new Tronox shares now trade on the New York Stock Exchange. The litigation trust, which has been joined by U.S. Department of Justice and the ...

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Alabama Aircraft Litigation Against Boeing Moves Forward - Yahoo Finance

07/12/12

through its litigation trust, has this week responded to Boeing's appeal of the Delaware Bankruptcy Court's determination which permitted AAI's litigation in federal court in Alabama against Boeing to proceed. The Alabama litigation, being ...

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