News

5 Secrets: Chapter 11 - Buzzle

05/19/12

Rin went to school the next day with a bright smile. After the little "incident" yesterday, she felt more confident and strong. She was even humming happily while looking up at the peaceful sky. But just like yesterday morning, someone ruined ...

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Australia: TMSF v Merrill Lynch Bank – Breaking into Discretionary Trusts - Mondaq

05/19/12

Despite Mr Demirel's bankruptcy (and before his gaoling), he exhibited the ... However, and as with other cases concerning access to trust assets, such as the Kennon v Spry litigation, the headlines following such cases, often heralding a breakthrough ...

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Judge: Uranium mining company can resume Kleberg County operations after cleaning groundwater - Corpus Christi Caller

05/19/12

De La Garza, as the county's chief elected official, could have headed off long and expensive litigation by acting years ago ... The company already narrowly avoided bankruptcy when the uranium market tanked in the early 2000s, Hewins said.

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IRS seeks to resume case against Erie County Council's Beeman - Erie Times-News

05/19/12

Erie County Councilman Ebert Beeman, who filed for bankruptcy to help stave off the Internal Revenue Service, is facing another challenge from the agency. The Justice Department, representing the IRS, wants a judge in U.S. Bankruptcy Court in ...

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What's next for bankrupt Betsey Johnson? Sales, Style Network & Macy's - Examiner

05/19/12

All sales made on or after Friday ... There is no time for too many tears over the close of the stores and bankruptcy filings. In February 2012, facing the impeding filings, which actually took place in late April 2012, Johnson was blazing trails through ...

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IRS seeks to resume case against Erie County Council's Beeman - Erie Times-News

05/19/12

Erie County Councilman Ebert Beeman, who filed for bankruptcy to help stave off the Internal Revenue Service, is facing another challenge from the agency. The Justice Department, representing the IRS, wants a judge in U.S. Bankruptcy Court in ...

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Appraisals overvalue real estate, study finds - Seattle Times

05/19/12

Appraisers can serve multiple functions, used by lenders to help determine the size of a loan or by lawyers in litigation or sometimes buyers or sellers looking for market clarity. To conduct an appraisal, they visit sites, speak to brokers in the area ...

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MF Global customer deemed "frivolous" in fee fight - Town Hall

05/19/12

U.S. Bankruptcy Court Judge Martin Glenn rejected arguments ... would be paid from money he ultimately recovers on behalf of the MF estate through litigation and other means. Freeh separately asked the court to extend by one month a Friday ...

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Elkhart business owner gets prison for hiding assets - Elkhart Truth

05/19/12

Nancy Gargula, U.S. Trustee for Indiana and part of Illinois, oversees bankruptcy administration and litigation for the U.S. Justice Department. Gargula said in a written statement, “Concealing assets in a bankruptcy proceeding is a crime that ...

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Dewey to consider bankruptcy filing: source - Yahoo Finance

05/18/12

NEW YORK (Reuters) - Ailing law firm Dewey & LeBoeuf is considering a bankruptcy filing as new debtholders take a more aggressive track, shifting away from earlier attempts at an out-of-court liquidation, a person familiar with the matter said ...

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