Dec 21
A New York bankruptcy judge on Thursday shot down objections to the third-party releases in bankrupt microchip maker Global A&T Electronics Ltd.'s prepackaged Chapter 11 plan, saying the releases are vital to the exit strategy. read more
Dec 21
Mortgage lender and servicer Walter Investment Management Corp. on Thursday was granted the right to extend its automatic bankruptcy stay and shelter its nondebtor operating affiliates from a tailored range of claims, beating an objection raised by t read more
Dec 21
The U.S. Securities and Exchange Commission's freezing of accused Ponzi scheme architect Robert H. Shapiro's assets could lead to receiver control of a more than $1 billion Delaware bankruptcy case involving dozens of Shapiro's luxury hom read more
Dec 21
Two years ago, Federal Rule of Civil Procedure 37(e) was amended to provide a clearer road map for courts analyzing whether to permit sanctions for the spoliation of evidence. Yet there is still no specific guidance for when a sanctions request relat read more
Dec 21
The European Union’s competition watchdog gave its seal of approval to Lufthansa’s acquisition of a unit of bankrupt Air Berlin, saying on Thursday that the airline’s decision to limit its presence at Germany’s Dusseldorf airp read more
