People

Cory Booker Says He Is Lawsuit-Proof in Water Agency Fallout

12/15/15
In this June 10, 2015, file photo, Sen.
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Duluth Diocese to Enter Mediation With Abuse Victims

12/11/15
This photo shows the Cathedral of Our Lady of the Rosary in Duluth, Minn..
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Protests Halt Forum With Detroit Bankruptcy Judge

12/10/15
A man protests outside at Wayne State University before an event to discuss Detroit a year after the city’s exit from bankruptcy takes place Wednesday.
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Shoe Queen Tamara Mellon Puts Luxury Line in Bankruptcy

12/03/15
Tamara Mellon attends the Fashion Group International’s Night of Stars in New York (Credit Image: Robin Platzer/Twin Images/UPPA via ZUMA Press)
Robin Platzer/Twin Images
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Coming and Going Concerns

12/03/15

Michael I. Goldberg is now co-chair at Akerman’s new fraud and recovery practice. Mr. Goldberg, the liquidating trustee in the Rothstein Rosenfeldt Adler bankruptcy case, focuses on Ponzi schemes and receiverships. He has also represented the chapter 11 trustee for the estate of boy-band magnate Lou Pearlman, who was convicted of running a $500 million Ponzi scheme.

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Lynn Tilton’s Patriarch Seeks Bankruptcy for Zohar Fund

11/23/15
Lynn Tilton speaks with her attorneys after a hearing at the U.S.
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Ernst & Young Found Negligent, Liable for Losses of Madoff Investor

11/16/15

Ernst & Young is liable for millions of dollars in losses that investment firm FutureSelect Portfolio Management endured from the collapse of Bernard Madoff’s Ponzi scheme, a jury found Friday. Read the Daily Bankruptcy Review article via The Wall Street Journal.

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Energy Future’s Bankruptcy Plan Wins Backing From Fidelity

11/13/15

Fidelity Management & Research said Thursday it would back Energy Future Holdings Corp.’s chapter 11 bankruptcy plan, a big step for the case. Read the Daily Bankruptcy Review article via The Wall Street Journal.

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GM Could Face Punitive Damages on Ignition-Switch Lawsuits

11/10/15

A bankruptcy judge said General Motors Co.  can face punitive damages on defective ignition switch lawsuits in certain circumstances.Read the Daily Bankruptcy Review article via The Wall Street Journal.

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Walter Energy Heads to Auction With $1.25 Billion Bid

11/06/15

Coal producer Walter Energy, Inc. is headed to a January bankruptcy auction with an offer from senior lenders to cancel or take on $1.25 billion of the company’s debts to set a floor price for the competition, Read the Daily Bankruptcy Review story in The Wall Street Journal.

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