News

Modern Honolulu owner to pay Marriott to settle hotel contract - The Business Journal

07/06/12

The owner of The Modern Hono­lulu hotel in Waikiki will pay Marriott International an undisclosed amount of money in return for the hotel giant dropping a lawsuit and withdrawing its opposition to M Waikiki LLC's Chapter 11 bankruptcy ...

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Merger to follow Dynergy bankruptcy - United Press International

07/06/12

POUGHKEEPSIE, N.Y., July 6 (UPI) -- Energy giant Dynergy Inc. said it filed for Chapter 11 bankruptcy in New York, with an agreement to merge with a subsidiary, Dynergy Holdings. The company, based in Houston, said it filed bankruptcy in the ...

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Bank of America May Reduce Mortgages For Some New Jersey Residents - PR-USA.net

07/06/12

The Bank of America settlement, which is part of a larger $25 billion settlement, stems from litigation over illegal foreclosure ... enough to be included in the Bank of America offer, filing bankruptcy can be a viable option to aid in financial recovery.

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Consumer Bankruptcy Filings Fall 13 Percent in First Half of 2012 - InsideARM

07/06/12

insideARM.com July 6, 2012 (Be the first to respond) http://www.insidearm.com/daily/economic-news/bankruptcy/consumer-bankrup... Bankruptcy filings totaled 632,130 nationwide during the first six months of ...

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Stockton Bankruptcy Puts Muni Market on Edge - Wall Street Journal

07/06/12

Stockton's bankruptcy case is making some municipal-bond market participants queasy—and for good reason: If the California city gets its way, it will become one of the first local governments to use the federal bankruptcy process to impose potentially ...

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Bankruptcy Filings Fall 14 Percent for First Half of 2012 - Credit Union Times

07/06/12

Nevada ranked highest in bankruptcy filings with 7 in 1,000. Other states with high bankruptcy rates include Tennessee, Georgia, Utah and Alabama

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CFLA, Inc Presents Attorney MCLE "Mortgage Securitization & Quiet Title" - PR.com

07/06/12

He is currently working with Avid Law Center, a real estate, bankruptcy, and mortgage litigation firm in Orange County. He oversees the firm’s foreclosure defense and mortgage securitization litigation practice areas working in the defense of homeowners ...

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Dublin pushes for insolvency overhaul - Financial Times

07/06/12

For those debtors who are expecting to benefit from an inheritance in the near term, exiting bankruptcy quickly is important to protect these future assets from creditors. Under political pressure to respond to the increase in cases of “bankruptcy ...

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'Queen of Versailles' Subject Targets Bravo, Magnolia Pictures in Expanding Lawsuit - Hollywood Reporter

07/06/12

For those who questioned the legs of real estate mogul David Siegel's lawsuit against producers of The Queen of Versailles, not only is the litigation still ticking ... on the verge of bankruptcy." But the biggest new facet of Siegel's lawsuit is his ...

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Stocks to Watch: Informatica, Xyratex, Dynegy - Wall Street Journal

07/06/12

Dynegy Inc. (DYN) voluntarily filed for Chapter 11 bankruptcy protection to facilitate the settlement agreement between its Dynegy Holdings LLC unit and its creditors. The settlement reshifts Dynegy Holding’s coal assets, which were ...

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