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Taconite freighter headed to port in Thunder Bay after underwater collision on Lake Superior
Star Tribune (Minneapolis) via Yahoo News· 7 hours agoA freighter carrying iron ore across Lake Superior punctured its hull and was taking on water after...
Synapse Bankruptcy Trustee Finds $85 Million ‘Shortfall’ Amid Tangled Web of Accounts
PYMNTS.com· 1 day agoFormer Federal Deposit Insurance Corp. Chair Jelena McWilliams will present her initial findings as...
Delaware Bankruptcy Court: "Center of Main Interests" for Purposes ofChapter 15 Recognition Must Be...
JD Supra· 5 days agoDetermining a foreign debtor's "center of main interests" ("COMI") for purposes of recognizing a foreign bankruptcy proceeding in the United States under chapter& ...
Cayman Islands Branch of FDIC-Insured U.S. Bank Ineligible for Chapter 15 Relief | JD Supra
JD Supra· 4 days agoIt also contains specific eligibility requirements for relief under chapter 15, which was enacted in 2005 and provides for U.S. bankruptcy court "recognition ...
Facing mounting pressure, Alex Jones moves to liquidate assets in bankruptcy case
Courthouse News Service· 2 days agoThis latest development would see Jones’ bankruptcy case converted from Chapter 11 reorganization to...
WDIV-TV's Rod Meloni eyes retirement, reflects on decades of business news in Detroit
Detroit Free Press via Yahoo Finance· 1 day agoOne day Meloni never expected to see was June 1, 2009, when the iconic General Motors filed for ...
Business Restructuring Review Vol. 23 No. 3 | May-June 2024 | JD Supra
JD Supra· 3 days agoD. Del. Feb. 2, 2024), the U.S. Bankruptcy Court for the District of Delaware ruled that, in accordance with Third Circuit precedent, the Bankruptcy Code ...
Zachry lays off more than 4,000 workers post-bankruptcy - Austin Business Journal
The Business Journals· 2 days agoSan Antonio-based construction firm Zachry Holdings laid off 4,410 employees the day it filed for ...
15 Buffalo parishes would merge with other churches as diocesan restructuring begins
The Buffalo News· 2 days agoNearly half of the 32 Catholic parishes in Buffalo will be merged into other parishes under a plan...
Biden’s border move divides Mass. Dems
Politico· 3 days agoDepartment of Justice, Democratic Sens. Elizabeth Warren and Ed Markey urge the agency to appoint a Chapter 11 trustee to run the company in place of Steward ...
