News

Dewey Spawn Ugly Litigation? And Battling in Bankruptcy Court? But Of Course! - abovethelaw.com

06/13/12

How would you like to be pursued by the Angel of Death? It doesn’t sound like much fun, right? Let’s learn about his allegations, as well as catch up on the latest wranglings in the Dewey bankruptcy case…. The 14-page complaint contains six causes of ...

[more]

Bankruptcy hearings continue for firms connected to developer Peter Mocco - NJ.com

06/13/12

Gline argued that the documents obtained by Cole Schotz from the previous Mocco-related litigation is “irrelevant” to the current bankruptcy case. The three companies seeking bankruptcy - Liberty Harbor Holding LLC, Liberty Harbor II Urban ...

[more]

Ohio man sentenced in $17 million Amish fraud case - CBS News

06/13/12

He operated an investment business that filed for bankruptcy protection two years ago. About 2,700 people and entities, including an Amish community loan fund, lost about $16.8 million over the past six years, the government said. "This was ...

[more]

Irish property pair seek to file for bankruptcy in UK - The Guardian

06/13/12

The couple, from Killiney, Co Dublin, have relocated to a town house a stone's throw from Westminster to facilitate the filing for bankruptcy here. Bankrupts face only a year in financial purdah in Britain, compared with 12 years in Ireland. The O'Donnells ...

[more]

McGlinchey Stafford Continues Growth in Florida - Yahoo Finance

06/13/12

real estate litigation, bankruptcy and creditors' rights, and has extensive appellate experience. She earned her Juris Doctor degree from the University of St. Thomas School of Law (Minnesota) and her Bachelor of Arts degree from the University ...

[more]

Kodak Loses Ruling in Fight With Apple Over Patents - Bloomberg

06/13/12

... Judge Allan Gropper in Manhattan said the dispute could be resolved through a lawsuit in Kodak’s Chapter 11 bankruptcy case. “An adversary proceeding will permit the parties to raise issues in an orderly and expeditious fashion and ...

[more]

Saab saved from bankruptcy to exclusively make electric cars - Raw Story

06/13/12

One of Scandinavia’s best known industrial brands is being bought out of bankruptcy by National Electric Vehicle ... He added: “Marketing and sales will be global but initially we will focus on China. It’s there we see the biggest market ...

[more]

The Dewey Bankruptcy: Pot Shots and Finger-Wagging - Wall Street Journal

06/13/12

After a week or so of motions, objections and behind-the-scenes wrangling, a hearing Wednesday afternoon in federal bankruptcy court will set the ... Some of the papers filed by the firm and its creditors as they tried to hammer out the terms ...

[more]

Filing for Bankruptcy? You Still Have to Pay Child Support - jdsupra.com

06/13/12

A Florida man almost escaped $180,000 in past-due child support when his ex-wife and the state didn’t bother to claim the debt during his bankruptcy proceedings, but a federal court has affirmed that he still owes the money nevertheless . Man faced ...

[more]

What on earth is Warren Buffett thinking on ResCap?! - Forbes

06/13/12

If Berkshire’s strategy is opaque, it is equally unclear at this point how all this maneuvering may ultimately affect the ResCap Chapter 11. The funding to pay down exiting creditors was to consist of the $750 million cash contribution ResCap ...

[more]