News

Alexander L. Paskay, a long-serving federal bankruptcy judge in Tampa, died this week. He was 89. Paskay was known as a jurist with a sense of humor, thick Hungarian accent, a curiosity in the courtroom, and a dedication to mentoring law students ...

Ally Financial could sustain losses of between $400 million and $1.25 billion in the event of a bankruptcy filing by its troubled Residential Capital mortgage unit, the government-owned auto lender said in a securities filing yesterday. ResCap is ...

Reddy Ice Holdings Inc. and its subsidiary Reddy Ice Corp. sought Chapter 11 bankruptcy protection earlier this month under the weight of a heavy debt load. Attorneys Friday announced a proposed settlement of a class-action case filed by ...

When the NHL bought the team at the bankruptcy auction in late 2009 ... A 2009 study the consultant completed for Glendale assumed all city sales-tax hauls at Westgate and fees from the arena would halt if the team left, adding up to a $500 ...

Law360, New York (April 27, 2012, 7:46 PM ET) -- A New York bankruptcy judge granted approval Friday to bidding procedures and a $10 million stalking horse agreement for 4Kids Entertainment Inc.'s assets related to the popular Japanese animated show “Yu ...