News

Centerbridge Reddy’s for Bagged-Ice Merger - Wall Street Journal

04/18/12

Arctic forced Reddy’s plans into high gear in January when it filed for bankruptcy and put itself up for sale. The auction has attracted several private equity investors but Centerbridge could outbid them because of the higher margins a merger ...

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Nortel Bankruptcy Judge Sends Pension Dispute to Mediation - Bloomberg

04/18/12

U.S. Bankruptcy Judge Kevin Gross in Wilmington ... Gross ordered Nortel into mediation with its European units in a larger battle over how to split more than $7 billion the U.S. and Canadian units have collected by selling assets, including ...

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Companies controlled by Liberty Harbor developer file for bankruptcy; records say creditors owed $89M - NJ.com

04/18/12

Three companies behind the mammoth Jersey City waterfront development Liberty Harbor have filed for bankruptcy, with the former North Bergen mayor who controls the entities saying the filing will help resolve a $21 million judgment he owes a New ...

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Receiver alleges close Petters ties to Crown Bank - Minneapolis Star Tribune

04/18/12

The trustee in the Tom Petters bankruptcy has long maintained that the convicted ... "If you look at any bank right now you'd see a tremendous amount of litigation." "We're not running fast and loose; we never really have," he said.

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Judge Manglona recuses self from Fund's bankruptcy case - Saipan Tribune

04/18/12

U.S. District Court for the NMI Chief Judge Ramona V. Manglona recused herself yesterday from presiding over the NMI Retirement Fund's Chapter 11 bankruptcy case. As this developed, the Fund, through its counsel Braddock J. Huesman and Boston ...

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Strabag subsidiary's bankruptcy case closed - rapsinews.com

04/18/12

MOSCOW, April 18 - RAPSI. The Moscow Commercial Court has terminated the proceedings in the Strabag bankruptcy case. Strabag is the Russian subsidiary of the Austrian Strabag AG development company. The court terminated the case after GK Inzhglobal ...

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Panera Bread COO resigns to become Friendly's CEO - Yahoo Finance

04/18/12

Friendly's emerged from Chapter 11 bankruptcy proceedings in January after filing for protection from its creditors' claims in October. Its CEO, Harsha Agadi, announced in February that he was stepping down from the post after 18 months on the ...

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Bankruptcy filing impacts Kratz lawsuit - Post-Crescent

04/18/12

In his letter, Bellin suggests bankruptcy law would automatically put the earlier, civil rights case on hold. "Attorney Fox's concerns about manifest unfairness to his client or Mr. Kratz are moot because of the automatic stay," Bellin wrote.

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Pace Airlines’ largest creditor asks to keep security deposit - My Fox 8

04/18/12

2015, and breach-of-contract claims of $248,770. AeroUSA has been listed with a $5.5 million claim in bankruptcy filings. It leased Pace a Boeing 737 in November 2001.

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

04/18/12

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. This DVD is designed for the following ...

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