Posts tagged as:

bankruptcy

TweetBankrupt Residential Capital LLC (ResCap) on Sept. 11 filed a brief arguing that the bankruptcy court should expunge two separate claims valued at total of $ 30 million that it says have been filed by a couple who has a “documented history of vexatious litigation” (In Re: Residential Capital LLC, No. 12-12020, Chapter 11, S.D. […]

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Tweet- From LexisNexis® Mealey’s™ Daily Legal News. A group calling itself the customer representatives in an ongoing class action against former directors and officers of MF Global Inc. (MFGI), an affiliate of bankrupt MF Global Holdings Ltd. (MFGH), on June 6 filed a brief arguing that the cap on what insurers can pay defendants to […]

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Tweet- From LexisNexis® Mealey’s™ Daily Legal News. KidsPeace Corp., a nonprofit that operates a 96-bed psychiatric hospital and provides what it calls “acute behavioral healthcare” to children and young adults, among other services, on May 22 filed for Chapter 11 bankruptcy, citing debt of $ 100 million related to its pension plan alone (In Re: […]

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Tweet- From LexisNexis® Mealey’s™ Daily Legal News. The federal bankruptcy judge in the Chapter 11 case of Oreck Corp. on May 21 approved $ 9.5 million in post-petition financing, also called debtor-in-possession (DIP) financing (In Re: Oreck Corporation, No. 13-04006, Chapter 11, M.D. Tenn. Bkcy.). Oreck filed for Chapter 11 in the U.S. Bankruptcy Court […]

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Tweet- From LexisNexis® Mealey’s™ Daily Legal News. The Federal Deposit Insurance Corp. on May 3 moved in the U.S. District Court for the District of Columbia for dismissal of claims made by Bank of America N.A., the indenture trustee for short-term notes issued by a division of bankrupt mortgage company Taylor Bean Whitaker Mortgage Corp. […]

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Tweet- From LexisNexis® Mealey’s™ Daily Legal News. Yarway Corp., a former Pennsylvania company that manufactured pipe clamps, steam traps, valves and controls, filed for Chapter 11 protection April 22 in Delaware federal bankruptcy court due to thousands of asbestos personal injury claims combined with the depletion of insurance assets to pay the claims (In re: […]

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Tweet- From LexisNexis® Mealey’s™ Daily Legal News. The federal bankruptcy judge presiding over the Chapter 9 proceeding of Jefferson County, Ala., on April 15 ruled that an insurer who alleges that it was fraudulently induced to provide $ 378 million in insurance coverage could not pursue its lawsuit because of the automatic stay (In Re: […]

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Tweet- From LexisNexis® Mealey’s™ Daily Legal News. Bankrupt grocer The Great Atlantic & Pacific Tea Co. Inc. (A&P) on March 27 filed a brief in the U.S. Bankruptcy Court for the Southern District of New York objecting to certain proofs of claim and contending that they should be disallowed (In Re: The Great Atlantic & […]

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Tweet- From LexisNexis® Mealey’s™ Daily Legal News. The U.S. trustee in the Chapter 11 bankruptcy of Hostess Brands Inc. on March 6 filed a brief arguing that the attorneys and professionals seeking more than $ 8.89 million in fees and expenses should receive only a percentage of that money because it is unclear at this […]

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Tweet- From LexisNexis® Mealey’s™ Daily Legal News. The federal bankruptcy judge presiding over the Chapter 11 proceeding of former law firm Rothstein Rosenfeldt Adler (RRA) on Feb. 26 agreed to a settlement in which TD Bank will pay $ 41 million to resolve allegations that it committed fraud and aided in money laundering as part […]

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