Skip to content

{ Monthly Archives } January 2010

NACBA Amicus Project Assists with Brief on Debtor’s Right to Seek Determination of Dischargeability of Taxes

http://www.nacba.org/s/99_8db9a8268c5e05f

2010 01 31 Uncategorized Comments (0)

Amicus Project Update – January 2010

http://www.nacba.org/s/98_85799ccf4ba4c4d

2010 01 31 Uncategorized Comments (0)

Problems At Toyota Taint Japan Inc.’s Image

News of the automaker’s massive recall came just days after Japan Airlines filed for bankruptcy, and as Sony has lost its lead in consumer gadgets to the likes of Apple. Experts say the companies’ struggles have some common themes: the perils of global expansion, a tendency to embrace the status quo, and smugness bred from success or a too-big-to-fail mentality. » E-Mail This      » Add to Del.icio.us

Tagged , ,
2010 01 31 Uncategorized Comments (0)

Barclays Seeks Dismissal of Lehman’s Lawsuit

Barclays Capital moved late Thursday to defend itself against a lawsuit by Lehman Brothers’ bankruptcy estate, arguing that it did not make a windfall profit by secretly negotiating a big discount for the collapsed firm’s core operations in September 2008.

Tagged ,
2010 01 29 Uncategorized Comments (0)

Madoff trustee reaches $220m settlement with BLMIS investors

NEW YORK — (Mealey’s, Jan. 29) In a motion filed in a New York federal court on Wednesday and made available yesterday, the trustee in the Bernard L. Madoff Investment Securities LLC (BLMIS) liquidation moved for entry of an order approving a $220 million settlement with the family of a

Tagged
2010 01 29 Uncategorized Comments (0)

General Motors gets $409M of loans in Thailand

BANGKOK – (AP) The Thai unit of General Motors Co. has secured $409 million of loans from local banks and a cash infusion from GM, allowing it to restart expansion plans. The funds, which include $118 million from GM, will finance construction of a diesel engine plant in the easter

Tagged
2010 01 29 Uncategorized Comments (0)

Bankruptcy judge rejects WaMu subpoena request

WILMINGTON, Del. – (AP) A Delaware bankruptcy judge on Thursday denied Washington Mutual Inc. ’s request to force government regulators and others to turn over documents related to the 2008 collapse of Washington Mutual Bank. In a court filing last month, the bank holding comp

Tagged ,
2010 01 29 Uncategorized Comments (0)

Pasadena Playhouse will close Feb. 7

Financial woes forced the decision. Bankruptcy filing is among the options under consideration. The Pasadena Playhouse will close Feb. 7 after the final performance of its current production of “Camelot,” leaving its future in jeopardy as company leaders explore ways out of its financial woes, including a possible bankruptcy filing.

Tagged ,
2010 01 29 Uncategorized Comments (0)

Book: Paulson fearful, felt ill as crisis deepened

NEW YORK – (AP) Henry Paulson was gripped by a “jolt of fear” and felt ill as the financial crisis threatened to plunge the U.S. economy into the abyss, the former Treasury secretary says in his new book. In “On The Brink,” Paulson gives a chronological account of

Tagged
2010 01 29 Uncategorized Comments (0)

Ford earns $2.7B in 2009, first profit in 4 years (AP)

AP – Ford, the only U.S. automaker to avoid bankruptcy court, clawed its way to a $2.7 billion profit in 2009 and expects to stay in the black in 2010. It was the automaker’s first annual profit in four years.

Tagged , ,
2010 01 28 Uncategorized Comments (0)