Nov 03
A Georgia federal judge on Friday ordered ACE American Insurance Co. to pay Wattles Co. $1.13 million after an underlying trial over coverage for acid damage at a battery factory previously occupied by later-bankrupt Exide Technologies. read more
Nov 03
A defense attorney in the fraud trial of entrepreneur and “Twilight” financier Omar Amanat and former KIT Digital Inc. CEO Kaleil Isaza Tuzman on Friday accused a high-ranking U.S. Department of Justice lawyer of providing legal advice to read more
Nov 03
The government of Puerto Rico is pushing back against the installation of an emergency manager to run the island’s beleaguered electric utility, saying Friday that the federal board overseeing the territory’s finances is attempting to ove read more
Nov 03
The proposed post-petition financing package of bankrupt vehicle upholstery maker GST AutoLeather Inc. drew an objection late Thursday from the committee of unsecured creditors who say the loans only serve to put the lenders in a better position to a read more
Nov 03
The senior noteholders of bankrupt silicone maker Momentive Performance Materials Inc. on Friday asked the Second Circuit to reconsider a ruling denying them $200 million in compensation for a plan to refinance the company’s debt at a lower int read more
