News

Trustee Report Details Possible Claims Against Corzine and Others - New York Times

06/04/12

The report sheds new light on the largest Wall Street bankruptcy since the financial crisis. The trustee, James W. Giddens, said he would decide whether to pursue litigation to recover money for customers, who are missing about $1.6 billion ...

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Bankruptcy lawyers resist scrutiny over fees - msnbc.com

06/04/12

The lawyers tried to make their case on the 7th floor of Washington's Justice Department at a rare public meeting called to consider whether bankruptcy fees are inflated, unjustified or wasteful. The airing of ideas took place amid tales of limousine rides ...

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US bankruptcy lawyers resist scrutiny over fees - Reuters

06/04/12

The lawyers tried to make their case on the 7th floor of Washington's Justice Department at a rare public meeting called to consider whether bankruptcy fees are inflated, unjustified or wasteful. The airing of ideas took place amid tales of ...

[more]

Bankruptcy lawyers resist scrutiny over fees - msnbc.com

06/04/12

The lawyers tried to make their case on the 7th floor of Washington's Justice Department at a rare public meeting called to consider whether bankruptcy fees are inflated, unjustified or wasteful. The airing of ideas took place amid tales of ...

[more]

Halsey Minor, tech guru, files bankruptcy and may have ruined Carter's Grove estate - Daily Mail

06/04/12

During bankruptcy hearings the full scale of the neglect at Carter ... Fox Ridge Farm, his 200-acre property near Charlottesville, has been put up for sale for $3.9million. Le Petit Trianon is a shadow of its former self and is half covered with ivy ...

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Realtor, author Ralph Roberts files for bankruptcy - Detroit Free Press

06/04/12

Ralph Roberts, one of metro Detroit’s best known realtors, has filed for Chapter 11 bankruptcy protection. Roberts, a prolific author of real estate books including “Foreclosure Self-Defense for Dummies,” filed for bankruptcy on May 25 in ...

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Jamal Lewis among star athletes to land in bankruptcy - Baltimore Sun

06/04/12

Today, though, the now retired Lewis and M&T are linked in court rather than on the field. Lewis filed for bankruptcy in Georgia in April, listing $14.5 million in assets and $10.6 million in debts — among them, a more than $350,000 judgment ...

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MF Global trustee's law firm bills $17 million so far - msnbc.com

06/04/12

NEW YORK (Reuters) - The legal team unwinding MF Global Holdings' broker-dealer pocketed more than $17 million in legal fees in the first four months of the bankruptcy, court filings show. The team from law firm Hughes Hubbard & Reed ...

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MF Global trustee's law firm bills $17 million so far - msnbc.com

06/04/12

NEW YORK (Reuters) - The legal team unwinding MF Global Holdings' broker-dealer pocketed more than $17 million in legal fees in the first four months of the bankruptcy, court filings show. The team from law firm Hughes Hubbard & Reed, led by trustee James ...

[more]

Magnotta's bankruptcy filing reveals a life lacking in glamour - Calgary Herald

06/04/12

OTTAWA — Despite his varied claims to be a model and adult-film actor, accused killer Luka Magnotta was an unemployed server with no reported income when he declared bankruptcy in 2007. Magnotta, arrested Monday in Berlin on allegations he ...

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