White-Collar Crime

The Daily Docket: Ex-First Regional Parent Enters Bankruptcy

06/21/12

The holding company behind the failed First Regional Bank in Los Angeles, whose $2.18 billion in assets were seized by federal banking regulators nearly 18 months ago, has filed for bankruptcy protection with just a fraction of that amount—$1.3 million—left in its coffers. Read the Daily Bankruptcy Review article here.

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The Daily Docket: Berkshire, Nationstar Named Lead Bidders for ResCap

06/20/12
Reuters
Warren Buffett holds a Dairy Queen ice cream bar and answers reporters’ questions before the Berkshire Hathaway annual meeting in April 2011. 

Wa

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The Daily Docket: Judge Approves ResCap Examiner

06/19/12
Bloomberg
Warren Buffett

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

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The Daily Docket: Berkshire Offered $1 for ResCap Ahead of Bankruptcy

06/18/12

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.

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Dreier’s Art Adviser Faces Clawback

06/14/12
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

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The Daily Docket: Judge Rules for Vitro Bondholders

06/14/12

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 the Daily Bankruptcy Review article here.

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The Daily Docket: Saab Assets Sold

06/13/12
Jonathan Nackstrand/AFP/Getty Images

Saab Automobile AB’s assets have been sold to electric-vehicle group National Electric Vehicle Sweden, Driver’s Seat

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The Broke and the Beautiful: Danielle Staub Edition

06/08/12

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 some consolation, and celebrity chef Pino Luongo’s restaurant has been filleted in bankruptcy.

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The Daily Docket: Judge Dismisses BofA Suit Over Ocala Collapse

06/07/12

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 & Whitaker Mortgage Corp. collapsed. Read the Daily Bankruptcy Review article here.

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