Bankruptcy Law

Harrisburg Bankruptcy Judge Tells Vendors City Can Pay Routine Bills – Bloomberg

… today to issue what she called a “comfort order” requested by Mayor Linda Thompson stating that federal bankruptcy law allows the city to pay its routine bills without the court’s special permission. “There is no real need for the … Continue reading

Judge rejects Tribune Co’s plan to exit bankruptcy – The Guardian

He also acknowledged that the company-backed plan had overwhelming support from various creditors. Carey, however, said he was bound by bankruptcy law that essentially allowed the supporters of the company plan to torpedo the noteholder plan and vice versa …

Judge rejects Tribune Co’s plan to exit bankruptcy – msnbc.com

He also acknowledged that the company-backed plan had overwhelming support from various creditors. However, said he was bound by bankruptcy law that essentially allowed the supporters of the company plan to torpedo the noteholder plan and vice versa …

Kramer Levin Named Law Firm of the Year in Bankruptcy Litigation – Yahoo Finance

NEW YORK, Nov. 1, 2011 /PRNewswire/ — Kramer Levin Naftalis & Frankel LLP is pleased to announce that the firm was named the first “Law Firm of the Year” in Bankruptcy Litigation 2011-2012, by U.S. News & World Report – … Continue reading

MF Global collapses under euro zone bets – msnbc.com

However, federal bankruptcy law may limit any possible severance payouts. First-day hearings in the case were scheduled for Tuesday at 3 p.m. in U.S. Bankruptcy Court in Manhattan. Among other things, MF Global is expected to seek permission from Judge … Continue reading

Bankruptcy Protections Cover Qimonda’s US Licensees – site.law360.com

… in the cross-border bankruptcy, to eliminate or restrict the applicability of Section 365. The dispute hinged on whether the German law’s shortcomings — the country’s insolvency law,… To view the full article, take a free trial now.

Senate hopeful Elizabeth Warren taps academia support – Union-News & Sunday Republican

BOSTON (AP) — When Chrystin Ondersma arrived at Harvard Law School, the Michigan native wasn’t sure what she wanted to study until Elizabeth Warren took her under her wing and persuaded her to immerse herself in bankruptcy law. “A lot … Continue reading

Houston Bankruptcy to Get Rid of Long Due Loans – Zimbio

Houston bankruptcy, a well-conceived program for debtors and creditors, supports all those who are not able to pay their long-term dues, debts and financial settlements. According to laws, if an organization or individual has filed for bankruptcy …

US bank files for bankruptcy after betting on EU debt – Monsters and Critics

New York – MF Global Holdings Ltd, a broker-dealer firm, and its finance unit, MF Global Finance USA, Monday filed for reorganization under US bankruptcy law after losing its bets on European sovereign debt. The MF Global Holdings bankruptcy is … Continue reading

MF Global Bankruptcy Good for One Law Firm, Less Good for Others – Wall Street Journal

The big news of this Monday morning, aside from the resignation of Tony LaRussa*, is the bankruptcy filing of Jon Corzine-led securities firm MF Global Holdings. For those looking to catch up on the story, click here and here and … Continue reading