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Bankruptcy Category Archives: Bankruptcy
Are we angry enough to do something yet?
We commented recently on the perils of bad publicity and how press reports highlighting Beaumont’s reputation as a plaintiff-friendly forum tend to scare away prospective employers, leading to fewer job opportunities for our citizens, a weaker local economy, and a … Read More
Solyndra bankruptcy trustee proposes taking over if execs keep invoking Fifth
WILMINGTON, Del. (Legal Newsline) � U.S. bankruptcy trustee Roberta DeAngelis proposes to take over management of solar panel maker Solyndra if its leaders keep pleading Fifth Amendment privilege against self incrimination.
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Legally Speaking: Extreme Debt Collecting
In last week’s column, I related the experience of a young Illinois woman who found herself on the receiving end of a debt collection notice � sent via her social networking page!
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Abbott, other AGs hail GM bankruptcy agreement
Greg Abbott (R-Texas)
NEW YORK (Legal Newsline)-A bankruptcy court’s decision in the General Motors Corp. case this week that disputes between the automaker and its dealers will be up to state authorities to settle has drawn praise from state attorneys general.
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Texas AG opposes GM’s bankruptcy plan
AUSTIN (Legal Newsline)- General Motors Corp.’s bankruptcy plan would force car dealers in Texas into a contract that violates state law, Texas Attorney General Greg Abbott said.
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Asbestos bankruptcy judge pulls plug on lawyers’ plot
Edison
PITTSBURGH – Bankruptcy Judge Bruce McCullough unraveled a plot between asbestos lawyers and bankruptcy lawyers, saving Travelers Insurance $146 million.
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Trial lawyers make out in Chrysler bailout
Deutsch
NEW YORK – Personal injury lawyers seemingly have secured a windfall from the Chrysler bailout.
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Judge hears motions in Chrysler bankruptcy hearing
NEW YORK CITY – Former Chrysler worker William Wilson of Toledo, Ohio, graciously gave the bankrupt automaker and the U.S. Treasury a week to decide whether to cut off disability benefits for workers who don’t belong to a union. By … Read More
U.S. Marshal Service summoned on Record reporter covering Chrysler bankruptcy proceeding
NEW YORK – U.S. Bankruptcy Trustee Diana Adams of New York threatened to call a federal marshal after a reporter covering a Chrysler bankruptcy hearing Wednesday asked her for the identities of personal injury law firms represented on the unsecured … Read More