Bankruptcy Law

Factbox: Rules for the post-MF Global futures industry – msnbc.com

When it filed for bankruptcy, the law required it to be handled as a broker dealer bankruptcy rather than a futures broker bankruptcy, which some say would have made it easier to free up funds to return to customers. * … Continue reading

Lockheed’s You-May-Be-Fired Notices Are Scare Tactics – Businessweek

To employment-law attorney Margaret Keane … Such notices sometimes come up in bankruptcy proceedings. Hostess Brands Inc., the baker of Wonder Bread and Twinkies that is in bankruptcy reorganization, sent all 18,000 of its workers WARN …

Contentious Day in Court Ends in Partial Victory for Dewey – Law.com

Nine professional firms entered Manhattan bankruptcy court Monday hoping to continue advising the Dewey & LeBoeuf estate in connection with the largest law firm bankruptcy in U.S. history. And while none emerged unscathed, six of the nine …

British bankruptcy specialists see Irish clients treble despite new law – Independent

RECENTLY announced changes to the country’s bankruptcy law will not stem the flood of Irish bankruptcy tourists to the UK, says a leading Leicester-based bankruptcy consultant who claims that his Irish client list has more than trebled from around 30 … Continue reading

Lockheed’s You-May-Be-Fired Notices Questioned – Businessweek

To employment-law attorney Margaret Keane … Such notices sometimes come up in bankruptcy proceedings. Hostess Brands Inc., the baker of Wonder Bread and Twinkies that is in bankruptcy reorganization, sent all 18,000 of its workers WARN …

Patriot Coal seeks to reorganize under bankruptcy laws – Charleston Gazette

CHARLESTON, W.Va. — Patriot Coal announced Monday it had filed for Chapter 11 bankruptcy protection to allow it to “undertake a comprehensive financial restructuring” amid one of the toughest coal markets in years. Patriot said it has obtained a …

Rochelle on Jefferson County, Indian Casino, Tax Returns: Audio – Bloomberg

Jefferson County, Alabama in effect gave itself more time to decide whether to appeal a decision from the bankruptcy judge cutting off the ability to divert sewer revenue away from bondholders, as Bloomberg Law’s Lee Pacchia and Bloomberg News …

Lockheed Uses You-May-Be-Fired Scare Tactics – Businessweek

To employment-law attorney Margaret Keane … Such notices sometimes come up in bankruptcy proceedings. Hostess Brands Inc., the baker of Wonder Bread and Twinkies that is in bankruptcy reorganization, sent all 18,000 of its workers WARN …

The Daily Docket: Patriot Coal Enters Chapter 11 – Wall Street Journal

Law firm Dewey & LeBoeuf LLP will meet Wednesday to try … The Hartford Courant reports that that U.S. attorney’s office wants to throw out a plea deal with a former bankruptcy trustee who pleaded guilty to embezzlement in a … Continue reading

Patriot Coal files for bankruptcy protection – Yahoo Finance

Patriot hired Davis Polk & Wardwell as its law firm. The case is In re: Patriot Coal Corp, U.S. Bankruptcy Court, Southern District of New York, No. 12-12900. (Reporting by Caroline Humer and Matt Daily; Additional reporting by Jonathan Stempel … Continue reading