Jan 03
A group of 36 former employees of Stanford Group Cos. on Tuesday asked the Fifth Circuit to intervene in litigation over R. Allen Stanford's $7 billion Ponzi scheme, arguing a lower court wrongly allowed underwriters to walk away with $36 million read more
Jan 02
The Office of the U.S. Trustee branded Aerogroup International Inc.’s Chapter 11 plan as unconfirmable on Tuesday, saying in a Delaware bankruptcy court filing that the company had proposed a range of involuntary and overly broad liability rele read more
Jan 02
An Oregon-based identity screening company filed for Chapter 11 in New York bankruptcy court, saying the loss of major U.S. Navy contracts last year left it nearly $58 million in debt. read more
Jan 02
Microchip maker Global A&T Electronics Ltd. urged a New York bankruptcy court on Tuesday to deny JPMorgan Chase & Co.'s effort to stay an order confirming the company's Chapter 11 plan of reorganization, arguing that its third-party r read more
Jan 02
The U.S. Securities and Exchange Commission sought a trustee takeover Tuesday for alleged Ponzi schemer Robert Shapiro’s collapsed $1.2 billion Woodbridge Group empire, saying Shapiro's hand-picked managers in the Delaware Chapter 11 case&n read more
