Oct 16
A Utah federal judge refused Friday to dismiss a bankruptcy trustee's fraud lawsuit against four real estate executives accused of duping investors out of $74 million, saying the complaint makes a sound argument that the men acted as fiduciaries read more
Oct 16
The Ninth Circuit on Monday found a $500,000 mortgage provided by an employer to induce a man to relocate to a new job is not consumer debt for Chapter 7 purposes. read more
Oct 16
The newly revised Chapter 11 plan of metal maker Optima Specialty Steel Inc. received court approval Monday in Delaware with no creditors objecting to the distribution of the company’s equity to unsecured noteholders. read more
Oct 16
A defunct Newark water agency seeking email correspondence by its former counsel blasted what it called the firm’s attempt to shield the files, telling a New Jersey bankruptcy judge Friday that it doesn’t buy Trenk DiPasquale Della Fera & read more
Oct 16
A group of former employees suing defunct RadioShack over botched mass layoffs urged a Delaware bankruptcy court Monday to shoot down the electronic retailer’s proposed Chapter 11 plan, saying it provides no information on how RadioShack will p read more
