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GM Seeks Immunity From Lawsuits Due To Bankruptcy | Zero Hedge

GM Seeks Immunity From Lawsuits Due To Bankruptcy | Zero Hedge

While the law has been something the US government and General Motors have been willing to ‘bend’ or break in the past (absolute priority ‘shifts’ in bankruptcy), we suspect this latest move by Mary Barra’s new GM will do …

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Detroit Bankruptcy: U Turn by Michael Comes | Zero Hedge …

Detroit Bankruptcy: U Turn by Michael Comes | Zero Hedge …

His bio is found at Cumberland’s home page, http://www.cumber.com. His email is michael.comes@cumber.com. Of note, last week, the NYT reported that Judge Steven W. Rhodes of United States Bankruptcy Court for the Eastern …

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United States: Mediating With A Litigation Committee Or Trust - Moritt, Hock & Hamroff LLP

United States: Mediating With A Litigation Committee Or Trust – Moritt, Hock & Hamroff LLP

While mediation is used in many forums, mediation in the bankruptcy context at times offers some very unique and key distinctions.

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Bank Of America Reports Q1 Loss On Massive Legal … - Zero Hedge

Bank Of America Reports Q1 Loss On Massive Legal … – Zero Hedge

Servicing income declined $205MM from 4Q13 due to the continued decline in the size of the servicing portfolio combined with less favorable MSR net hedge results …. How are these bankrupt criminals still in business ?

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United States: Fisker’d!!!11 – Free Lance-Star Court Caps Credit Bid - Stites & Harbison PLLC

United States: Fisker’d!!!11 – Free Lance-Star Court Caps Credit Bid – Stites & Harbison PLLC

I (along with every other bankruptcy blogger) wrote extensively on the Fisker decisions from Delaware limiting a secured creditor’s right to credit bid.

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Equity Rallies Are Corrective, Downside Risks Remain … - Zero Hedge

Equity Rallies Are Corrective, Downside Risks Remain … – Zero Hedge

So Bankruptcy of American Muppet Looting does analizing and telling the truth now? … this is truly a Banker’s paradise as i can easily see half of the USA bankrupt by December this year should energy prices double again.

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United States: “Elective” vs. “Default” Dissolution Procedures Of Delaware Corporations: Potential Limitation Of Director Liability - Fox Rothschild LLP

United States: “Elective” vs. “Default” Dissolution Procedures Of Delaware Corporations: Potential Limitation Of Director Liability – Fox Rothschild LLP

Under the statutory dissolution scheme in Delaware, corporations have two options to wind up and liquidate their assets: through the “elective” or “default” dissolution procedures. These are also referred to as the “judicial” and “extrajudicial” procedures.

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John M. Eger: Closing An Opera With “Dignity”

John M. Eger: Closing An Opera With “Dignity”

from Bankruptcy on Huffington Post

After 49 years, the San Diego Opera announced a few weeks ago, it was closing its doors. Ian Campbell, the Opera’s CEO and artistic director, said:

“…

Read more: Community, Art, Operas, Bankruptcy, San Diego, Culture, Performing Arts, Arts News

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Detroit Bankruptcy: U Turn by Michael Comes | Zero Hedge

Detroit Bankruptcy: U Turn by Michael Comes | Zero Hedge

His bio is found at Cumberland’s home page, http://www.cumber.com. His email is michael.comes@cumber.com. Of note, last week, the NYT reported that Judge Steven W. Rhodes of United States Bankruptcy Court for the Eastern …

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United States: Delaware Bankruptcy Court Limits Credit Bidding in Fisker Automotive - Herrick, Feinstein LLP

United States: Delaware Bankruptcy Court Limits Credit Bidding in Fisker Automotive – Herrick, Feinstein LLP

Credit bidding has been a source of lively controversy in recent years. In In re Fisker Automotive Holdings, Inc., Judge Kevin Gross of the United States Bankruptcy Court for the District of Delaware ruled that a secured creditor with a partially disputed claim would only be allowed to credit bid its claim in an amount equal to the purchase price it had paid for it.

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