News

Berkshire offers to buy ResCap mortgage, loan portfolios - USA Today

06/12/12

ResCap filed for bankruptcy protection in May, hobbled by payments on debt taken out to finance soured home mortgages. Berkshire, a conglomerate based in Omaha, has significant interests in the insurance business as well as in a variety of other ...

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Philly Pops seeks to end conductor's contract - msnbc.com

06/12/12

The request filed Monday before a federal bankruptcy judge calls Peter Nero's contract "simply too economically burdensome." The orchestra says it's searching for a replacement and will use guest conductors to save money. Nero's attorney says that his ...

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Philly Pops seeks to end relationship with conductor Peter Nero, saying contract too costly - Washington Post

06/12/12

The request filed Monday before a federal bankruptcy judge calls Peter Nero’s contract “simply too economically burdensome.”

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United States: Think Again Before Walking Away From Second Trust Deeds In Bankruptcy - Mondaq

06/12/12

This is especially true where the borrower files a chapter 13 bankruptcy case, which allows certain secured liens to be completely avoided.1 But there is no reason for banks or credit unions to unknowingly and prematurely walk away from second trust deeds ...

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Philadelphia Orchestra to make expedited exit from bankruptcy - Philadelphia Daily News

06/12/12

The judge, after reviewing a list of procedural concerns, said he was approving the quicker-than-usual schedule in recognition of the case's notoriety, suggesting that any interested parties were already aware of the bankruptcy. Ballots ...

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Kodak files motion for bankruptcy auction - PanARMENIAN Network

06/12/12

PanARMENIAN.Net - Troubled photography pioneer Eastman Kodak filed a motion for approval of confidential bidding procedures for the bankruptcy auction of its digital-imaging patent portfolio, CNET reports. Kodak filed for bankruptcy protection in January ...

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Fowler Bell PLLC Associate Receives 2012 Outstanding Young Lawyer Award - YAHOO!

06/12/12

Fowler is Kentucky’s commercial, bankruptcy and litigation law firm known for finding practical solutions to complex matters. Based in Lexington, it serves business clients throughout the Commonwealth and the U.S. It is known for handling complicated ...

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Macey Bankruptcy Law Attorneys Take Their Obligations Seriously - PRWeb

06/12/12

The attorneys at Macey Bankruptcy Law take their obligations seriously, handling each case with the top of line care and precision. When hiring a Macey Bankruptcy Law attorney, one can expect elevated standards along with tireless dedication and complete thoroughness.

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CORRECTED-China shares end 0.7 pct lower, led by energy, telecoms - Reuters

06/12/12

SHANGHAI, June 12 (Reuters) - China's main stock index closed down 0.7 percent on Tuesday as weak oil prices pushed down energy stocks, while property shares outperformed. The Shanghai Composite Index closed at 2,289.8 points, led by the energy ...

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Federal case to determine fate of Avoca families' injury claims - Scranton Times-Tribune

06/12/12

The residents' claims will first have to be approved by a trust overseeing the distribution of about $12.5 million from the Tronox bankruptcy and anything recovered through the Anadarko case. Former Avoca mayor James Haddock is scheduled to ...

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