NewPage Corp. Creditors’ Committee Appointed, First Monthly Operating Report Filed
On Thursday, NewPage Corporation filed its first monthly operating report with the Delaware bankruptcy court and, separately, the United States Trustee filed …
Velocity Express (n/k/a MCTS2) Files Numerous Preference Complaints in Delaware Bankruptcy Court
MCTS2, which was formerly known as Velocity Express, Inc., has filed over 75 adversary complaints this week in the Delaware bankruptcy court. …
Harvey Miller (Weil, Gotshal & Manges) Discusses Prospects for a Countrywide Bankruptcy Filing
Inverview from Bloomberg: Harvey Miller, a partner at Weil Gotshal & Manges LLP, discusses the prospects of that Bank of America Corp. …
East Harlem Property Holdings, LP Files for Chapter 11 Bankruptcy Protection
On Thursday of last week, East Harlem Property Holdings, LP voluntarily filed for chapter 11 protection in the Southern District of New …
Waste2Energy Bankruptcy: Counsel Seeks to Withdraw Due to Non-Payment, Management Resignations
Two law firms that had appeared on behalf of Waste2Energy Holdings, Inc. in the involuntary chapter 11 bankruptcy case filed against the …
Are Daily Deals Sites Losing Their Punch?
Summary: The online business of serving up daily deals has attracted millions of dollars in venture capital and spurred dozens of clones …
New Bankruptcy Opinion Addressing Standard for Appointment of a Trustee:
Earlier this month, the Bankruptcy Appellate Panel for the Eighth Circuit filed an opinion affirming an order of the United States Bankruptcy …
UBS Trader Charged With Fraud
Summary: UBS trader Kweku Adoboli didn’t enter a plea in a London court as prosecutors began to outline alleged wrongdoing that stretches …
Birmingham, Ala. Escapes Bankruptcy
Officials in Jefferson County, Alabama have approved the framework for the settlement of $3.1 billion in debt settlement rather than file for …
