News

Manhattan's $60 Million Apartment Will Be The Most Expensive Co-op Sale Ever - Forbes

04/19/12

While some outrageously pricey homes have been facing foreclosure and bankruptcy auction ... apartments belonging to one owner and selling to one buyer.  As a joint sale, it will be among New York City’s top four  most expensive sales ...

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Ralph King: Bring balance to asbestos cases - Akron Beacon Journal

04/18/12

To ensure fairness in Ohio’s asbestos litigation system, the Ohio Senate is considering ... in civil cases to disclose information on claims that could be made against bankruptcy trusts. The legislation will ensure fairness and restore consistency.

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JPMorgan Chase Reports First-Quarter 2012 Net Income of $5.4 Billion, or $1.31 Per Share - Yahoo Finance

04/18/12

Net revenue of $1.4 billion was driven by a $1.1 billion benefit from the Washington Mutual bankruptcy settlement and securities ... primarily reflecting $2.5 billion of additional litigation reserves, predominantly for mortgage-related matters.

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GA Keen Realty Advisors Assists in Securing more than $52 Million for Bankruptcy Reorganization and Redevelopment of Closter Plaza - Yahoo Finance

04/18/12

2010 (United States Bankruptcy Court District of New Jersey, Case No. 10-47961). “This property was a diamond in the rough,” Bordwin said. “However, identifying the right shopping center developers who could satisfy the debtor’s goals was a challenge.”

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Tentative agreement in Nissan suit vs. McAllister - CNN Sports Illustrated

04/18/12

Nissan spokesman Steve Parrett declined comment Wednesday, citing the pending litigation. McAllister was a football ... agreed to liquidate its remaining assets through Chapter 7 bankruptcy. In his counter claim, McAllister said that rather ...

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Former Saints running back Deuce McAllister and Nissan reach tentative deal - nola.com

04/18/12

The dealership in Jackson closed in 2009 and filed for Chapter 7 liquidation under federal bankruptcy law. NMAC sued McAllister ... Nissan spokesman Steve Parrett declined comment, citing the pending litigation.

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Salamon Group, Inc. (SLMU) Tenders Offer to Shareholders and Board of Directors to Energy Conversion Devices (ENERQ.PK) - Yahoo Finance

04/18/12

Energy Conversion shareholders are currently set to receive nothing but a total loss because of the Chapter 11 filing. The current Energy Conversion shareholders position based on the Chapter 11 disposition of assets receive nothing. Our offer ...

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Hearing set for Alabama firm's suit against Boeing - Reuters

04/18/12

Joe Ryan, a trustee appointed by the company that bought Alabama's assets out of bankruptcy, said the hearing date ... Boeing declined to comment since the litigation is ongoing. The company rejected the lawsuit's validity in its motion to ...

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Deuce McAllister settles lawsuit - ESPN

04/18/12

Nissan spokesman Steve Parrett declined comment Wednesday, citing the pending litigation. McAllister was a football ... agreed to liquidate its remaining assets through Chapter 7 bankruptcy. In his counter claim, McAllister said that rather ...

[more]

APNewsBreak: Tentative deal in McAllister lawsuit - San Francisco Gate

04/18/12

Nissan spokesman Steve Parrett declined comment Wednesday, citing the pending litigation. McAllister was a football ... agreed to liquidate its remaining assets through Chapter 7 bankruptcy. In his counter claim, McAllister said that rather ...

[more]