News

Rhode Island Muni Bond Sale To Test 'Investor-Friendly' Laws - Wall Street Journal

04/20/12

NEW YORK (Dow Jones)--Rhode Island's investor-friendly attitude should attract buyers to its $118 million bond sale next week ... Central Falls, R.I., filed a rare Chapter 9 bankruptcy last summer, and Providence, the state capital, faces ...

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Kodak CEO's pay was reduced in 2011 - Democrat and Chronicle

04/20/12

And it also saw CEO Antonio M. Perez take a financial whack. For the 12 months leading up to Kodak filing for Chapter 11 bankruptcy protection, Perez received salary and cash bonuses totaling $1.47 million and $396,000 worth of stock.

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Kodak CEO's pay was reduced in 2011 - Democrat and Chronicle

04/20/12

For the 12 months leading up to Kodak filing for Chapter 11 bankruptcy protection ... the corresponding figures were $2 million in salary and bonuses and $1.7 million worth of stock. Co-president Philip Faraci received $817,000 in salary ...

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YRC Worldwide Seeks Reset of Covenants Under 2011 Agreement - Bloomberg

04/20/12

In the Feb. 28 filing, the trucker’s auditor ... with a “history of making markets” in derivatives trades that would profit from YRC’s bankruptcy. Goldman Sachs said at the time that the New York-based bank “neither has a position ...

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CFLA Announces Mortgage Securitization in Litigation & Bankruptcy Practice DVD - PR-USA.net

04/20/12

CFLA's "State Bar Approved MCLE Mortgage Securitization in Litigation & Bankruptcy Practice" DVD is only $395.00, plus $9.95 shipping & handling; a price discount of $400 off the regular admission to this event. Please visit www ...

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Making Student Loans Dischargeable in Bankruptcy Could Be a Free-Market Idea - Huffington Post

04/20/12

... escape their mortgages (and certain favored companies can get government subsidies so that they can avoid bankruptcy). This is not the case for student loans. Furthermore, the argument that educational access is improved by creating an eternal tie ...

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Ex-Frontier CEO Sean Menkeresigns from Pinnacle Airlines - Denver Post

04/20/12

He and Pinnacle chief operating officer John Spanjers , who will succeed Menke as Pinnacle chief, have been criticized for taking large salary increases as concessions were sought from employees, suppliers and others as part of Chapter 11 ...

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Attorney Tanya Lundberg Added to Collins, Einhorn, Farrell & Ulanoff P.C. Professional Liability Gro - PR-USA.net

04/20/12

real estate litigation and bankruptcy matters. She has achieved successful outcomes for clients at the state, federal and appellate courts as well as various forms of alternative dispute resolution. The Wayne State University Law School alumna is admitted ...

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Dewey & LeBoeuf Said to Consider Prepackaged Bankruptcy - New York Times

04/20/12

Dewey & LeBoeuf is contemplating a prearranged bankruptcy filing, in which the ailing law firm would reach an agreement with its creditors over a reorganization plan while simultaneously combining with another firm, according to a person with ...

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AL high court allows city bankruptcies to proceed - Associated Press

04/20/12

MONTGOMERY, Ala. (AP) — The Alabama Supreme Court paved the way for the city of Pritchard to move forward with a nearly 3-year-old filing for bankruptcy. The ruling released on Friday says cities don't need to have bond debt in order to declare bankruptcy.

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