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SEC fines ex-Tether auditor $1.5 million...

The United States Securities and Exchange Commission imposed a fine Attachedthe former audit firm of Friedman LLP, to the tune of $1.5 million, according to a order released on Friday. The regulator found the accountancy firm engaged in several instances of “inappropriate professional conduct” in its audits of two companies from 2017 to 2020. According […]

Hertz still has rental car customers wro...

As reported by The Wall Street Journal, the lawsuit was filed in Delaware Superior Court on Tuesday. The five Hertz customers named in the lawsuit were wrongfully arrested for driving legally rented vehicles. This is a problem that has persisted at Hertz since 2015, with at least 300 cases of customers wrongfully arrested, according to […]

Become eligible for sub-chapter V by a r...

On June 21, 2022, Congress and the President (i) extend the $7.5 million debt limit for Subchapter V eligibility, and (ii) adjust the other Subchapter V rules.[Fn. 1] One of the adjustments is this: formerly a “subsidiary” of any society did not to qualify for sub-chapter V; but now, only a “subsidiary” of a listed […]

Swiss Concessionaire Yves Bouvier Sells ...

The Swiss art dealer Yves Bouvier seems to be gradually giving up his unofficial title of “king of the free port”. Bouvier has sold its Singapore freeport to Chinese billionaire Jihan Wu for $28.4 million, according to a report in Bloomberg. Wu, who made his fortune in cryptocurrency, acquired the freeport through his company Bitdeer […]

Regal United Artists closes Amarillo Cin...

After more than two decades of serving moviegoers in Amarillo, Regal United Artists Star Stadium 14 closed Thursday. Opened on November 20, 1998, the theater had large stadium seating seating approximately 500 people off Interstate 40 and Soncy Road. British film group Cineworld Group bought the cinema’s parent company in 2017 for $3.6 billion to […]

Talks to restructure Puerto Rico’s elect

HAVANA (AP) — Mediation talks to restructure more than $9 billion in debt held by Puerto Rico’s electric utility have failed, officials said Saturday, raising concerns about the future of the bankrupt government agency. A federal board of control that oversees Puerto Rico’s finances said the standoff with bondholders means it will resume legal action […]

Waukesha condo owners near deadline to d...

Owners of Waukesha condominiums in the Horizon West Condo building have until September 20 to pay $1 million to demolish their old homes. Deadline owners tell 12 News they come and go with no action taken. “So basically the next week deadline means that if the city wants to, they can take over the property […]

3M unit bankruptcy could put US mass lia...

Indiana bankruptcy case could help shake up US mass tort litigation system Driving the news: 3M, the conglomerate, recently filed for bankruptcy its subsidiary Aearo Technologies. It aims to use the bankruptcy process to settle more than 230,000 lawsuits brought by military service members who allege faulty earplugs made by Aearo caused hearing loss – […]

Power Co-op reportedly loses hundreds of...

Brazos Electric Power Cooperative is expected to file a final plan within days that will chart the Central Texas electric utility’s route out of bankruptcy and into financial stability, according to attorneys involved in the litigation. The proposed plan reduces the amount the Waco-based electric cooperative owes the Electric Reliability Council of Texas by hundreds […]

Know when to declare bankruptcy

Life doesn’t always go as planned. You may have needed get into debt that has exceeded your ability to repay it each month. You are now wondering how to put your financial situation in order. Knowing when to declare bankruptcy is a valuable skill for individuals and small business owners. Learn more about it and […]

Celsius Clients File Lawsuit to Recover ...

A group of Celsius Network custodial wallet customers are suing the bankrupt lending platform in a bid to recover more than $22.5 million in funds. in a new court case filed Wednesday, individual holders of more than 64 accounts at Celsius say they have retained title to all of their crypto assets held in the […]

Sears’ $175m bankruptcy deal with ex-CEO

The bankrupt estate of Sears Holding Corp. won court approval to settle a complex lawsuit against former CEO Eddie Lampert and other investors for $175 million, helping close the chain’s four-year-old Chapter 11 case. The resolution of the litigation, which involved $2 billion in pre-bankruptcy deals engineered by Lampert and his hedge fund ESL Investments […]

Home Décor creditor calls for liquidatio

PITTSBURGH — At a hearing in Georgia bankruptcy court on Monday, Home Décor Outlets customers were hoping to find out if they would get some of their money back. The furniture store closed its Pittsburgh location on Liberty Avenue without warning earlier this year, leaving many customers without their furniture or layaway payment refunds. “That’s […]

Student loan debt plan stirs emotions am...

CINCINNATI — A new White House plan aims to write off massive college debt for millions of Americans. Since its announcement on Wednesday, the proposal has brought hope to many who have struggled with financial burdens for years, while others wondered why they should foot the bill for someone else’s debt. What do you want […]

Reviews | Biden’s student loan forgiven

The logic is uniquely American and incredibly harmful. He’s captured well in the familiar Hollywood trope of a teenager, finding out about his family’s financial troubles, darkly conceding he can drop out of his first-choice school and attend nearby state college, only for a determined parent insists: No, we’ll find a way. In America, it […]

Could Bed Bath & Beyond declare bankrupt

Retailer Bed bath and beyond BBBY has been one of the biggest stock storylines of 2022. The popular stock that has been tagged among “meme stocks” sparked a lot of interest after GameStop Company EMG President ryan cohen accumulated a stake in the company. The retailer faces several issues, including high debt. Here’s what could […]

Look Back: Report Says Bankruptcy Didn’t

August 21, 2007 Auburn Memorial Hospital has maintained adequate patient care despite operating under Chapter 11 bankruptcy protection since April, according to a court-appointed ombudsman’s report. Carole E. Mead of Unadilla filed her first health care ombudsman report for the AMH bankruptcy case last week. After multiple visits and interviews, she concluded that patient care […]

5 reasons not to declare bankruptcy in y...

Your 20s are usually a time of big money trouble: you’re not expert enough to accomplish your “real world” goals, but you’ll have payments and money tasks that will demand a salary you can’t possibly afford. not command. Worse still, you may be faced with a pile of college mortgage debt, credit card payments, car […]

Bankruptcy Stay Can Protect Assets Owned...

[co-author: Andrew Kragie, Law Clerk] The automatic stay triggered by a bankruptcy filing can protect the debtor’s residence even if the debtor does not own the property, according to a recent ruling by a New York-based federal appeals court. In a first impression case decided in July 2022, the Second Circuit established a clear rule […]

Case against Alex Jones can continue, Co...

BRIDGEPORT, Conn. (AP) — A federal bankruptcy judge on Monday cleared the way for a Connecticut libel lawsuit against Infowars host and conspiracy theorist Alex Jones. The case was filed by relatives of some victims of the 2012 massacre at Sandy Hook Elementary School in Newtown, Connecticut. Jones falsely claimed that the country’s deadliest school […]

SAS secures $700m funding to help with r...

(Reuters) – Scandinavian airline SAS said on Saturday it had reached an agreement with Apollo Global Management to raise $700 million in new funding it needs to weather bankruptcy. The airline filed for bankruptcy protection in the United States in early July to help reduce its debt after wage negotiations between the airline and its […]

Licensed attorney pleads guilty to bankr...

ST. PAUL — A Willmar attorney has pleaded guilty to fraudulent concealment of bankrupt assets, U.S. Attorney Andrew M. Luger said. According to court documents, on November 3, 2015, Gregory Ronald Anderson, 63, a licensed attorney, prepared and filed a petition for voluntary bankruptcy on behalf of his client, James Alan Rothers. When filing the […]

Crypto lender Hodlnaut follows other fir...

Cryptocurrency lender Hodlnaut is the latest company to respond to turbulent market conditions by halting withdrawals (Going through Coindesk). In a post on its websitethe Singapore-based company has announced that it is freezing withdrawals, token exchanges and deposits due to an uncertain economy that some say has triggered a “crypto winter”. Hodlnaut is also canceling […]

Celsius withdraws motion to hire $92,000...

Celsius on Thursday was sued by former investment manager Jason Stone as pressure continues to mount on the company amid a crash in cryptocurrency prices. Stone alleged, among other things, that Celsius CEO Alex Mashinsky (above) was ‘capable of becoming very rich’. Piaras Ó Midheach | Sportsfile for the Web Summit | Getty Images Struggling […]

COINBASE GLOBAL, INC. (NASDAQ: COIN) SH...

Have you lost money on your investments in Coinbase Global? If so, please visit Coinbase Global, Inc. Shareholder Class Action or contact Pierre Allocco at (212) 951-2030 or [email protected] to discuss your rights. NEW YORK, Aug. 05, 2022 (GLOBE NEWSWIRE) — Bernstein Liebhard LLP announces that a securities class action lawsuit has been filed on […]

Bankruptcy filings continue to fall, rev...

Even as Americans pay more at the gas pump and grocery store checkout, bankruptcy filings continued to decline, falling 17.7% nationally and 19.1% in the 7e Circuit for the year ending June 30, 2022. The US Courts Administrative Office released mid-year data on Monday. Personal and business bankruptcy filings after six months in 2022 reached […]

Alex Jones’ media company files for bank

By Associated Press and Newsy staffAugust 1, 2022 Jones is currently being sued for $150 million by two parents of victims of the Sandy Hook school shooting for telling his supporters the massacre was a hoax. Conspiracy theorist Alex Jones’ media company, Free Speech Systems, filed for bankruptcy on Friday, but its lawyer said it […]

Alex Jones’ Infowars media company Free

Comment this story Comment The parent company of Alex Jones’ Infowars website has filed for bankruptcy, its attorney said on Friday, as parents of victims of the 2012 mass shooting at Sandy Hook Elementary School seek $150 million in damages -libel interests against the right-wing conspiracy theorist who falsely claimed responsibility for the massacre. was […]

It would be a hoot if regulators cracked...

Bankrupt Voyager gets a slap in the face of a cease and desist order from the Fed and FDIC after it’s too late. By Wolf Richter for WOLF STREET. Tonight the Federal Reserve Board and the FDIC, as banking regulators, sent out a joint press release, letting the world know that they had sent out […]

Why RHOBH’s Erika Jayne Might Need to Fi

Viewers of The Real Housewives of Beverly Hills are wondering if Erika Jayne is in financial trouble and will she have to file for bankruptcy. Erika Jayne The Real Housewives of Beverly Hills is raising eyebrows with her financial troubles, leading fans to wonder if she will have to file for bankruptcy. The “Pretty Mess” […]

Cleanup work at Exide’s former facility

The federal government took over the cleanup effort at Exide Technologies’ former hazardous waste site in Muhlenberg Township under the Superfund program following the dissolution of the bankrupt company. The US Environmental Protection Agency has been involved with the site since 1988, ordering corrective action to address contaminations. And in 2000, the EPA asked Exide […]

Easterday wants $14 million to get out o...

AP file – Easterday Dairy has worked to reopen a Boardman, Oregon dairy but may now try to get out of the deal. Rodrigue Abd PA READ MORE Easterday Farms and Ranch legal issues The Easterday family businesses have been embroiled in bankruptcy with debtors trying to recover more than $250 million after Cody Easterday […]

Russia targets Apple and Google in lates...

Topline Russian authorities this week fined Alphabet’s Apple and Google, the Kremlin’s latest crackdown on the US tech giants following its Russian invasion of Ukraine. Russian authorities recently cracked down on Apple. NurPhoto via Getty Images Highlights Russia’s Federal Anti-Monopoly Service said on Tuesday it plans to fine Apple an undetermined amount for alleged violations […]

David Tepper Entity Files Lawsuit Agains...

YORK COUNTY. SC — Fallout from the failed Carolina Panthers headquarters project has spilled into public battles and courtrooms in recent months. This week, David Tepper’s GT Real Estate Holdings LLC fought off a lawsuit filed by York County against other Tepper entities. On July 14, GT Real Estate filed adversarial proceedings against York County […]

Ex-SA lawyer Christopher Pettit has ‘$40

Christopher “Chris” Pettit, the former San Antonio attorney accused of stealing tens of millions of dollars from his clients, has finally made an appearance in his massive bankruptcy filing – albeit over the phone. In addition to confirming his attendance and providing his name for the record, Pettit let his bankruptcy attorney, Michael Colvard, speak […]

Founders of bankrupt crypto hedge fund T...

The entire stablecoin market is now worth over $160 billion. Justin Tallis | AFP via Getty Images According to recently filed court documents in New York, the co-founders of bankrupt crypto hedge fund Three Arrows Capital appear to be on the run from their creditors. Lawyers representing creditors say the physical whereabouts of Zhu Su […]

In NH’s Boiling Real Estate Market, Cour

New Hampshire bankruptcy attorneys are sounding the alarm about a recent court order they say dramatically changes how the state’s homestead law protects homeowners going through tough times. They say the legislature must fix it — and quickly. Richard Gaudreau, a Salem attorney, said a federal judge’s recent ruling “changes the landscape” for the practice […]

Crypto lender Voyager responds to custom...

Representations of cryptocurrencies and the Voyager Digital logo are seen in this illustration taken July 7, 2022. REUTERS/Dado Ruvic/Illustrations Join now for FREE unlimited access to Reuters.com Register Voyager tried to reassure customers “all is not lost” Angry customers threatened company executives after their accounts were frozen Voyager said customers may not fully recover their […]

Crypto broker Voyager Digital files for ...

Comment this story Comment Crypto broker Voyager Digital has filed for Chapter 11 bankruptcy, becoming the latest victim of the financial turmoil that has hit the cryptocurrency world as token values ​​plummet and economic conditions deteriorated for riskier assets. The bankruptcy filing announced on Wednesday came just days after Voyager suspended transactions, deposits, withdrawals and […]

Striking SAS airline files for US bankru...

A view of SAS Airbus A321 and A320neo planes at Kastrup airport parked on the tarmac, after Scandinavian Airlines pilots went on strike, in Kastrup, Denmark July 4, 2022. TT News Agency/Johan Nilsson via REUTERS Join now for FREE unlimited access to Reuters.com Register STOCKHOLM, July 5 (Reuters) – Scandinavian airline SAS (SAS.ST) has filed […]

To GWG L Bond Investors

NEW YORK, June 03, 2022 (GLOBE NEWSWIRE) — National investment fraud attorney KlaymanToskes continues to investigate and prosecute FINRA arbitration claims on behalf of GWG Holdings L Bonds investors in light of GWG’s ongoing Chapter 11 bankruptcy and recent notification to the SEC of its failure to file its quarterly report in a timely manner. […]

Red River bankruptcy proceeding continue...

Diving brief: Texas-based Red River Waste Solutions may soon be sold in bankruptcy proceedings to a division of private equity firm Platform Capital for a proposed price of $12.6 million. It comes after a sale process, which the presiding bankruptcy judge called one of the longest he has ever been involved in, drew no other […]

Aeromexico shareholders support exit fro...

MEXICO CITY, June 28 (Reuters) – Aeromexico said on Tuesday a majority of its shareholders had approved a proposed exit from Mexico’s main stock exchange as part of the airline’s bankruptcy restructuring. Shareholders on Monday approved a plan to deregister the shares and delist them on the stock exchange in order to launch a buyback […]

North Alabama Methodists agree to pay $4...

The North Alabama Conference of the United Methodist Church has agreed to pay $448,216 to help pay sexual abuse claims against the Boy Scouts of America as part of the federal Chapter 11 bankruptcy settlement of the scout organization. The United Methodist Church has agreed nationwide to pay $30 million over a three-year period as […]

Back to Avianca, Aeromexico and LATAM Ch...

Earlier this month, LATAM Airlines Group announced that the US bankruptcy court had approved the company’s Chapter 11 group reorganization plan. LATAM joined Aeromexico and Avianca in announcing their exit from bankruptcy proceedings. But how did they get there in the first place and how do they look so far? We’ll take a look. Filing […]

Mexican pet food retailer +Kota files fo...

+Kota, the second-largest pet food retail chain in Mexico, filed for conciliation with Mexican authorities earlier this year, according to Expansion business magazine. +Kota still ranks second in the market, behind Petco. Before Petco entered Mexico in 2015, +Kota was the only major chain in the market, with more than 300 branches across the country. […]

San Antonio Symphony will file for bankr...

The San Antonio Symphony announced last Thursday that it was filing for Chapter 7 bankruptcy, following a strike by its musicians that has lasted nearly nine months since Sept. 27 of last year. Orchestra members and staff fought back brutal concession demands. The board’s action means the dissolution of the institution, which was founded 83 […]

Google Russia files for bankruptcy after...

The Russian subsidiary of Google has, as expected, filed for bankruptcy. Russian Information Service Interfax Friday reported that Google filed for bankruptcy protection with the Moscow Arbitration Court on Thursday. This follows a May 18 filing by Google LLC, the US search giant’s Russian subsidiary, that it intended to file for bankruptcy. The May filing […]

Google’s Russian subsidiary files for ba

June 17 (Reuters) – Alphabet’s (GOOGL.O) Russian subsidiary Google has filed for bankruptcy, Interfax reported on Friday, citing online court documents. The subsidiary announced plans to file for bankruptcy in May after authorities seized its bank account, making it impossible to pay staff and suppliers. Read more “The seizure by Russian authorities of Google Russia’s […]

More aliens, more inmates? NJ could rew...

TRENTON — “Illegal aliens” could be set to be kicked out of New Jersey laws, replaced by “undocumented foreign nationals,” under a bill introduced Monday by a Senate committee. The Senate Committee on State Government, Gambling, Tourism and Historic Preservation voted 4-0 to advance a bill, S2599that would update terminology in state laws that designate […]

Beauty products giant Revlon in talks to...

New York-based cosmetics and personal care company Revlon, Inc. ROUND would be close to filing for bankruptcy. Revlon is preparing to file for Chapter 11 bankruptcy as soon as next week, according to the Wall Street Journal, citing people familiar with the matter. The situation was precipitated by the huge debt burden the company faces, […]

06 groups of people who have the right t...

During operation, a company may fall into a state of crisis affecting its solvency. To protect the rights of related persons/organizations, Vietnamese laws allow them to have the right to request the opening of bankruptcy proceedings. Through this article, Vietnam Lawyers would like to present to you some information on this issue. I. Who has […]

Congress temporarily increases Subchapte...

A key temporary bankruptcy-related response to the pandemic was reimplemented and extended with the passage of the Bankruptcy Threshold Adjustment and Technical Corrections Act (the “Act”) which extends the Sub-Chapter V debt limit increase for qualifying businesses to $7.5 million for another two years. Prior to the pandemic, the Small Business Reorganization Act that created […]

Delaware Court of Chancery intensifies r...

CONTEXT Delaware has seen a significant increase in the number of assignment for the benefit of creditors (ABC) filings. Through recent decisions, the Court of Chancery has sent a strong message that it expects parties seeking this alternative to bankruptcy to do a better job of justifying the relief they seek. This will require much […]

Resident care issues scupper Iowa nursin...

The planned sale of a struggling Iowa retirement home chain to an East Coast developer has been scuttled in part due to quality-of-care issues. QHC Facilities, which has eight skilled nursing facilities and two assisted living centers in Iowa, filed for bankruptcy in late December. The company’s former owner, Jerry Voyna, died last year. His […]

Attention GWG L Bond Investors: KlaymanT...

NEW YORK, June 03, 2022 (GLOBE NEWSWIRE) — National investment fraud attorney KlaymanToskes continues to investigate and prosecute FINRA arbitration claims on behalf of GWG Holdings L Bond investors in light of GWG’s ongoing Chapter 11 bankruptcy and recent notification to the SEC of its failure to file its quarterly report on time. According to […]

Panthers’ David Tepper puts real estate

Carolina Panthers owner David Tepper, the wealthiest owner in the NFL, filed his real estate development company out of business on Wednesday night following the scuttled team headquarters project in Rock Hill, SC In a Chapter 11 filing in federal bankruptcy court in Delaware, Tepper’s GT Real Estate Holdings LLC said it had liabilities between […]

Companies facing financial difficulties ...

The Dubai Chamber of Commerce recently hosted a webinar, in conjunction with Afridi & Angell, to familiarize UAE businesses with the changes to the UAE Bankruptcy Law, as well as the latest rules and regulations. procedures companies must follow when filing for bankruptcy. The webinar brought together 210 participants representing companies operating in various economic […]

Bankruptcy – What are the rights of empl

SPONSORED CONTENT Bankruptcy is a legal procedure that allows individuals or businesses to free themselves from their debts and offer creditors a possibility of repayment. Rights of an employee when the employer/company faces bankruptcy In cases where business owners run out of funds and have filed for bankruptcy, employers may face the loss of their […]

Rise and fall of catalog showroom in Nas...

Service Merchandise was once one of Middle Tennessee’s most successful businesses for decades until the changing retail landscape derailed it 20 years ago. Originally called Shainberg & Zimmerman’s Wholesale Company, Service Merchandise was founded in 1934 in Pulaski, Tennessee by Harry Zimmerman. He was known for selling cosmetics, toys, glassware, and other household items. It […]

More Canadian businesses file for bankru...

Bankruptcy filings increased by 33.8% in Canada. (Getty Images) Bankruptcies are on the rise in Canada as government aid ends and businesses grapple with a difficult post-pandemic recovery characterized by soaring costs, supply chain issues and labor shortages work. The number of businesses filing for insolvency in the first quarter of the year jumped 33.8% […]

Alex Jones back on the hook for damages ...

NEWTOWN — A federal bankruptcy judge has freed extremist Alex Jones from Chapter 11 protection and sent his defamation cases to state court in Texas, where the parents of two boys killed in the Sandy Hook massacre are awaiting justice. jury trial to see how much Jones will have to pay them. “(We) are relieved […]

Google’s Russian subsidiary to file for

May 18 (Reuters) – Google’s Russian subsidiary plans to file for bankruptcy after authorities seized its bank account, making it impossible to pay staff and suppliers, but free services including search and YouTube will continue to operate , a Google spokesperson said Wednesday. The Alphabet Inc (GOOGL.O) unit has been under pressure in Russia for […]

Donald Trump’s media company warns of th

The blank check company that will merge with Donald Trump’s social media startup has warned shareholders that its plan to “cancel ‘cancel culture’” carries risks due to the company’s history of bankruptcies. enterprises of the former president. “A number of businesses associated with President Trump have filed for bankruptcy,” the company said in a statement. […]

Bankruptcy Discharge Violations | law o...

The recent case of In re Micah Cade McKinneyCase No. 21-50046-rlj-11 (Bankr. ND Tex., April 28, 2022) outlines violations of the bankruptcy injunction. Contempt litigation in bankruptcy is sometimes driven by intentional and deliberate conduct on the part of a creditor – perhaps out of spite that the debtor who owed them money filed for […]

Bankruptcies – May 2022 – Tri-Cities Are

Bankruptcies are classified under the following chapter titles:Chapter 7 — Pure and simple bankruptcy: the debtor assigns non-exempt property and the debt is discharged.Chapter 11 — Enables businesses and individuals to restructure their debts to repay them.Chapter 12 — Enables family farmers to restructure their finances to avoid liquidation for foreclosure.Chapter 13 — The plan […]

Don’t Overhaul the US Bankruptcy System

Senator Dick Durbin of Illinois is spearheading an effort to remake the US bankruptcy system. He says his goal is to Ban “Texas Two-Step” — a way to reorganize an insolvent company that a handful of companies have used to manage costly litigation. According to Durbin, this strategy represents a flagrant abuse of bankruptcy law. […]

Insolvency and Bankruptcy Code 2016, Hig...

A divisional bench of the High Court of Karnataka in its recent judgement/dated 5 April 2022, dismissed a court application challenging the constitutional validity of Sections 95, 99 and 100 of the Insolvency and Bankruptcy Code, 2016 (“the code“) because she found no merit in the challenge. Background: A petition was filed in the Hon’ble […]

Tory MP facing bankruptcy ‘over unpaid t

Tory MP facing bankruptcy ‘over unpaid taxes’ has time to sell his ‘£3million’ home to repay money HMRC filed for bankruptcy against Adam Afriyie, the MP for Windsor since 2005 The Tory MP, 56, was given time by the court to raise the necessary funds The documents were filed in a dispute over Mr Afriyie’s […]

‘Go ahead’ | Coeur d’Alene Press

HAYDEN — Hayden Councilman Roger Saterfiel officially withdrew from the interim mayoral race on Friday. He also asks the Chairman of the Council, Matt Roetter, to resign. “It’s time for Hayden City Council to begin the healing process,” Saterfiel said. “Maybe new blood is what we need.” Too much time was spent focusing on board […]

The Cité restaurant atop the Lake Point

“We may be closing today and paying off the bank,” she said on April 26. “The space is not for sale. It was never for sale. This has all been misunderstood.” Reached by phone today, Gouletas said she was “still working” with Republic. “You know how lawyers work,” she said. “They have to cross their […]

Sandy Hook parents want Alex Jones bankr...

NEWTOWN – The parents of two slain Sandy Hook boys and a Norwalk native who won defamation lawsuits against Alex Jones in Texas have joined Newtown families who won a lawsuit in Connecticut to urge a federal judge to reject Jones’ bankruptcy filings. In court papers filed a day after attorneys for the Sandy Hook, […]

Alex Jones’ attorneys told bankruptcy ju

(Photo by Oli Scarff/Getty Images) Last Friday, bankruptcy attorney Kyung Shik Lee chastised Sandy Hook plaintiffs for complaining about being robbed of their day in court. “It resolves disputes that have been going on for years… (but) I hear nothing but complaints from those who want the money or those who are entitled to it,” […]

The Price of Holding Pension Assets: QPA...

The retirement industry has become big, really big. Retirement investments valued at more than $33 trillion, according to the Institute of Investment Companies, now account for the largest share of US corporate stocks. Defined benefit and defined contribution plans account for more than half. Major international asset managers such as Barclays, Citigroupand JPMorgan Chase have […]

Boy Scouts bankruptcy judge approves sal...

FILE – This Wednesday, May 21, 2014, file photo shows merit badges and a rainbow-colored neckerchief on a Boy Scout uniform outside Amazon headquarters in Seattle. A Delaware judge faces a host of controversial and complex questions as she debates whether to approve the Boy Scouts of America’s bankruptcy reorganization plan. The BSA filed for […]

Alex Jones Sandy Hook trial delayed in T...

The delay came after three Jones-linked companies, including fringe media organization Infowars, filed for bankruptcy protection earlier in the week – a move that may temporarily suspend civil lawsuits against the companies. Jones, who is also being sued by the families of victims in Sandy Hook, Connecticut, was found legally responsible in October for false […]

Prestige America was sued over Ralph Lau...

Prestige America was sued over Ralph Lauren brands, but falsely declared bankruptcy By Matthew Russell Lee, Patreon Maxwell’s BookBBC–gbritish tutor – Honduras – ESPN NY Magazine SDNY COURTHOUSE, April 16 – Ralph Lauren sued Prestige America LLC for infringing its trademarks under the Lanham Act. On April 15, U.S. District Court for the Southern District […]

4 of the Best Places to Cast Your Reel i...

During the pandemic, I picked up a few hobbies, Twitch streaming, online shopping, and fishing. Now I still only do a few, but fishing is by far one of my favorites. I have friends who used to go fishing in the Yakima Valley when I still lived on the west side. Now that I’m in […]

Natural gas supplier Volunteer Energy fi...

Submitted by: Jan Larson McLaughlin April 11, 2022 The natural gas supplier, Volunteer Energy Services Inc. (VESI), was the natural gas aggregation supplier for local Columbia Gas customers. Customers served by Columbia Gas and enrolled in Bowling Green’s natural gas aggregation program were recently notified that VESI filed for Chapter 11 bankruptcy on March 25. […]

Two more Snyder County companies file fo...

[email protected] Stanley Woodworking and William Penn Cabinetry, two Snyder County companies owned by Maurice and Deb Brubaker, have filed for Chapter 7 bankruptcy. It is the third company owned by the Brubakers, who work as tax professionals in Lewisburg, to file for bankruptcy this year. In January, Wood-Metal, of Selinsgrove, filed for Chapter 11 bankruptcy […]

After bankruptcy, Frontier executive col...

On the heels of a bankruptcy that wiped out billions of dollars owed to creditors, a new regulatory filing reveals Frontier Communications estimates it paid its new executive chairman $48.5 million in 2021 — the highest total disclosed this year by a publicly traded company based in Connecticut. Frontier operates the historic southern New England […]

How often can you file for bankruptcy? ...

Editorial Note: We earn a commission on partner links on Forbes Advisor. Commissions do not affect the opinions or ratings of our editors. Just as there are different types of bankruptcy, there are different rules as to how often you can declare bankruptcy. The waiting period for filing another bankruptcy case generally ranges from two […]

Choctaw County man jailed and ordered to...

MOBILE, Ala. (WALA) – A federal judge on Wednesday sentenced a Choctaw County man to more than five years in prison for taking advantage of an oversight to defraud the government out of nearly $1.5 million. Brandon Leross Bailey pleaded guilty in June to theft of government property and bankruptcy fraud. He admitted to falsely […]

Dutchess County looking to buy Boy Scout...

A Boy Scouts of America camp that was put on the market to meet a multimillion-dollar financial obligation to a national victims’ compensation fund may soon be purchased by Dutchess County. Dutchess County Executive Marc Molinaro announced Friday that he has sent a resolution to the county legislature to purchase Camp Nooteeming, a 272-acre camp […]

Joe Biden still battles student loan deb...

Senate Democrats are calling on the Joe Biden administration to back down from its attempts to overturn court rulings that help student debtors. The new demands were prompted by our original series showing the administration betrayed Biden campaign promise enable borrowers to pay off their student debt through bankruptcy. Instead, the administration fought debtors in […]

What we read this week [March 25, 2022] ...

United States: What we read this week [March 25, 2022] March 30, 2022 Mayer Brown To print this article, all you need to do is be registered or log in to Mondaq.com. By Law360a Delaware bankruptcy judge ruled that Art Van Furniture did not violate the Worker Adjustment and Retraining […]

Amid The Kashmir Files row, Bagga hurls ...

Row over Delhi Chief Minister Arvind Kejriwal’s statements on making The Kashmir Files film tax-free in the capital escalated on Sunday, Delhi BJP spokesman Tajinder Pal Singh Bagga , making derogatory comments against the CM on Twitter. Delhi BJP leader Adesh Gupta at a protest near the Delhi Assembly on Sunday also quoted Bagga’s tweet […]

Senator Tammy Baldwin urges Kohl’s to re

A view outside a Kohl’s store in Miramar, Florida. Johnny Louis | Getty Images A US senator from Wisconsin is urging Kohl’s not to accept any takeover offers that could precede a bankruptcy filing or threaten the jobs of workers in the retailer’s home state. Sen. Tammy Baldwin, a Democrat, sent a letter to Kohl’s […]

Fifth Circuit Reaffirms Jurisdiction of ...

Similarly, the development of renewable power generation facilities is typically funded based on the existence of long-term power purchase agreements (PPAs) with a power utility or end user. PPAs allow the developer to recoup the cost of construction over time based on a fixed electricity price schedule. Without the expectation of long-term revenue streams, many […]

Former Live Well Financial CFO settles d...

Eric Rohr, who served as Live Well Financial’s chief financial officer from 2008 to 2018, reached an agreement with bankruptcy trustee David Carickhoff last week. (BizSense File) A former executive at collapsed Chesterfield-based lender Live Well Financial has reached an agreement to end a dispute over the company’s bankrupt assets. Eric Rohr, who served as […]

I went bankrupt. How can I increase my ...

Q. I went bankrupt in my twenties. I’m 40 now but my credit isn’t that hot. I only have one credit card and am paying it off, but I barely use it. I mostly use my debit card because I don’t want to spend money I don’t have. I have a car loan and I […]

I have a credit card debt of $25,000. S...

Q. I have $25,000 in credit card debt – lost my job with COVID and struggled for a while – $200,000 mortgage and $80,000 in student loans. I am able to make the minimum payment on credit cards but I never advance and the interest is killing me. When and how can I decide if […]

Lawsuit claims DR Horton homes cannot wi...

Alicia and West Dixon bought their first newly built home from DR Horton in 2014 because it was in the school district they wanted and they liked the layout of the home. Now, eight years later, they feel trapped in their Youngsville, Louisiana home, which they say has toxic mold due to faulty construction that […]

New Owners of Owego Ice Cream Shop Annou...

A popular Tioga County ice cream shop will soon open for the season under new ownership. Ice cream works! had become a must in the village of Owego since the beginning of its activities almost ten years ago. Sean and April Villanti acquired the store at the end of February. They bought the business from […]

Sequential Marks: Bankruptcy or Receiver...

UNITED STATESSAFETY AND EXCHANGES COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to section 13 or 15(d) of the Stock Exchange Act of 1934 Report date (date of first reported event): March 9, 2022 (March 3, 2022) SEQUENTIAL BRAND GROUP, INC. (Exact name of the declarant as specified in its charter) Delaware 001-37656 47-4452789 […]

April 1 is the deadline to apply for fre...

Shawnee County’s VITA program, which offers free help with filing tax returns, is seeing more people come to its sites in person than its volunteers can accommodate. Local Program Director Susan Fangman of Shawnee County’s K State Office of Research and Extension is asking people to send or drop off their tax information instead. VITA […]

Sacklers and Purdue reach agreement as o...

After hundreds of hours of negotiations brokered by Federal Bankruptcy Court Judge Shelley Chapman, the Sacklers also agreed to a series of other new terms. In addition to Sackler’s statement, which Mr. Tong called an “apology”, Judge Chapman recommends a hearing that would allow people who suffered from OxyContin addiction to describe what they went […]

Bankruptcy judge’s reprimand must not de

EDINBURGH, Texas — Ruben Ramirez, a lawyer by profession, says a federal judge’s rebuke of him shouldn’t be enough to stop voters from supporting him in the 15 Congressional District race. Ramirez is running for the CD 15 open seat in the Democratic Party primary. Last year, representing Pharr resident Lorena Singh, Ramirez persuaded a […]

North Richland Hills Alamo Drafthouse pe...

The Alamo Drafthouse site in North Richland Hills, closed since 2020, will not reopen, its owners announced Friday. The announcement came as the site filed for bankruptcy along with two other Alamo Drafthouses in North Texas, the Richardson and Lake Highlands sites. The Richardson and Lake Highlands theaters will remain open while the entities operating […]

Assembly passes bill protecting gunmaker...

MADISON, Wis. (AP) – The Wisconsin Assembly on Wednesday passed a Republican-drafted bill that would limit the legal liability of gun and ammunition manufacturers, a move that could protect them from big payouts as a result of a mass shooting. Under the bill, no one could sue firearms or ammunition manufacturers for damages related to […]