News

Kodak says it needs more time to organize - USA Today

04/15/12

Under bankruptcy law, a company is given 120 days from filing Chapter 11 to propose a plan for its turnaround, and 60 days beyond that to exclusively lobby its various creditors to sign on to that plan. Kodak's deadline for filing the plan ...

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Dodgers are about to become baseball's new money - Los Angeles Times

04/15/12

The judge who presided over the Dodgers' bankruptcy case is a huge baseball fan. He invited an attorney to speak by saying "batter up," referred to last Friday's morning and evening court sessions as "a day-night doubleheader" and proudly shared ...

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Weltman & Moskowitz, LLP Welcomes Melissa A. Guseynov as Associate Attorney - PR-USA.net

04/15/12

Melissa A. Guseynov's practice concentrates on corporate and financial restructuring, insolvency, bankruptcy litigation, secured transactions and financings, general corporate, mergers and acquisitions, and debtors' and creditors' rights. Ms. Guseynov ...

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Pfizer Will Plummet On New Quigley Lawsuit Developments - Seekingalpha.com

04/15/12

"In the history of this litigation, Pfizer has never been found derivatively or directly liable for injuries allegedly caused by Quigley's asbestos-containing products." Loder's claims seemed to have been confirmed when a United States Bankruptcy judge ...

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Weltman & Moskowitz, LLP Welcomes Melissa A. Guseynov as Associate Attorney - PR-USA.net

04/15/12

Ms. Guseynov’s practice concentrates on corporate and financial restructuring, insolvency, bankruptcy litigation, secured transactions and financings, general corporate, mergers and acquisitions, and debtors’ and creditors’ rights. Ms. Guseynov ...

[more]

Kodak says it needs more time to organize - Democrat and Chronicle

04/14/12

Under bankruptcy law, a company is given 120 days from filing ... of its contractual and environmental liabilities through “negotiation or potentially litigation.” Kodak did not elaborate. It could end up selling any number of operations.

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Tim Landis: New postal savings estimated at $4.5M - State Journal-Register

04/14/12

The airline had sought to reorganize under Chapter 11 and resume operations. Direct Air provided seasonal flights from Springfield to Florida and Myrtle Beach, S.C., before it abruptly shut down in March. ROLENS BROTHERS MUSIC, 1120 S. Second St., is ...

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Dodgers are about to become baseball's new money - Los Angeles Times

04/14/12

The judge who presided over the Dodgers' bankruptcy case is a huge baseball fan. He invited an attorney to speak by saying "batter up," referred to last Friday's morning and evening court sessions as "a day-night doubleheader" and proudly shared ...

[more]

The play-by-play of Warren Sapp's 59-page bankruptcy filing - St. Petersburg Times

04/14/12

The driver of the bright blue Mercedes convertible racing east on Interstate 4 honked his horn and blinked his lights and shouted at the big rig blocking his way. "Why should I get stuck behind that truck?" Warren Sapp roared. That morning in ...

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Bankruptcy judge approves sale of Dodgers despite MLB objection - KTLA.com

04/14/12

In approving the sale, U.S. Bankruptcy Judge Kevin Gross rejected the ... Lauria also said that a representative of the new owners had threatened litigation if MLB did not back down and that the Dodgers were "jamming" documents past the league ...

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