News Topic: White-Collar Crime

By Chad Bray ... Read full article

Reuters Warren Buffett holds a Dairy Queen ice cream bar and answers reporters’ questions before the Berkshire Hathaway annual meeting in April 2011.  Wa ... Read full article

Bloomberg Warren Buffett A judge on Monday granted the wish of Warren Buffett’s Berkshire Hathaway Inc. ... Read full article

Residential Capital LLC says Warren Buffett’s Berkshire Hathaway Inc. made an offer to buy all of ResCap’s equity for $1 before the mortgage servicer was put into bankruptcy last month. Read the Daily Bankruptcy Review article here . ... Read full article

Associated Press Marc Dreier Imprisoned attorney Marc Dreier’s former art adviser, who helped the once high-flying lawyer build an impressive art collection populated by suc ... Read full article

A U.S. federal judge refused Wednesday to enforce Mexican glassmaker Vitro SAB’s controversial debt restructuring in a closely watched bankruptcy case that threatened to sever the cross-border business cooperation between the two nations’ legal systems. ... Read full article

Jonathan Nackstrand/AFP/Getty Images Saab Automobile AB’s assets have been sold to electric-vehicle group National Electric Vehicle Sweden, Driver’s Seat ... Read full article

This week on The Broke and the Beautiful, “Real Housewife of New Jersey” Danielle Staub isn’t lighting up the TV screens but is instead starring in her own Chapter 7 case. Also, former Boston Red Sox pitcher Curt Schilling’s videogame company may need ... Read full article

A federal judge dismissed Bank of America Corp.’s lawsuit against units of Deutsche Bank AG and BNP Paribas SA, a win for the two foreign banks in their $1.75 billion dispute over losses suffered when a subsidiary of disgraced mortgage lender Taylor Bean ... Read full article

Getty Images A judge on Tuesday ruled largely for Barclays PLC in the bank’s ongoing dispute with the trustee unwinding Lehman Brothers Holdings Inc.’s brokerage stemming from Barclays’ 2008 purchase of the brokerage, a decision th ... Read full article

The Department of Justice’s point man for bankruptcy cases on Monday challenged attorneys’ resistance to his bid to ensure the “extraordinarily large” fees he says they charge are reasonable and warranted Read the Daily Bankruptcy Review story here . ... Read full article

This week on The Broke and the Beautiful, a judge approved a settlement between the owners of the New York Mets and the trustee recovering money for Bernard Madoff’s fraud victims, and ex-Dodgers owner Frank McCourt is facing a grand-jury investigation. ... Read full article

RG Steel LLC filed for Chapter 11 bankruptcy protection Thursday, days after admitting it was “confronted with an immediate, unexpected liquidity crisis.” Read the Daily Bankruptcy Review article here . ... Read full article

A group of NewPage Corp. bondholders, which doesn’t appear to have publicly disclosed who its members are or the amount of debt they hold, say the public interest is best served by unsealing a potential lawsuit they may face from a rival creditor group. ... Read full article

Alabama lawmakers refused to throw struggling Jefferson County a financial lifeline with a bill that would have allowed it raise millions of dollars in taxes. The move would have helped the county plug holes in its general fund and ease it out of ... Read full article

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Alabama’s top court ruled that the state’s struggling cities and counties have the power to file for Chapter 9 bankruptcy protection, a decision that largely frees the state’s most populous metropolitan area to move ahead with its five-month-old ... Read full article

Creditors of Hostess Brands Inc. said in court papers the company may have “manipulated” its executives’ salaries higher in the months leading up to its Chapter 11 filing, in what the creditors called a possible effort by Hostess to “sidestep” Bankruptcy ... Read full article