Judge slams Credit Suisse’s ‘greedy antics’

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A federal bankruptcy judge said he would not reward the “greedy antics” of financial giant Credit Suisse by ordering the repayment of a $229 million loan it arranged for Montana’s exclusive Yellowstone Club. Bankruptcy Judge Ralph Kirscher’s Tuesday order… [...] Continue Reading…

Credit Suisse’s "greedy antics" cost it $229M

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A federal bankruptcy judge says he will not reward the “greedy antics” of financial giant Credit Suisse by ordering the repayment of $229 million it loaned to the exclusive Yellowstone Club. U.S Bankruptcy Judge Ralph Kirscher in a Tuesday order denied a… [...] Continue Reading…

Sports Gear Maker Schutt in Chapter 11

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Sports gear maker Schutt seeks bankruptcy protection after losing patent infringement suit Patent infringement – Law – Services – Intellectual property – United States [...] Continue Reading…

Malaysia challenging UK as hub for sukuk law

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SINGAPORE: Malaysia, the world’s largest market for sukuk, plans to improve its legal system to become an alternative location to the UK for resolving international Islamic finance disputes. The goal is to position Malaysian “laws as the law of choice for Islamic finance transactions globally”, Bank Negara Malaysia said in a statement on August 30. Disputes about compliance with syariah … [...] Continue Reading…

The beginnings of trust law

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If a civil law term may be used to describe the development of the common law institution of trust in the Philippines, the proper word is alluvion. [...] Continue Reading…

Mountain Law: What happens to a foreclosure deferred?

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In 2009, Governor Ritter signed into law House Bill 1276, which created the Colorado Foreclosure Deferment Program. [...] Continue Reading…

Washington Mutual, Nortel, Colonial BancGroup, Property Stays: Bankruptcy

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Washington Mutual Inc. ’s bankruptcy examiner filed his preliminary report yesterday and won permission from the judge to extend the current Oct. 8 deadline for submitting his final report. [...] Continue Reading…

Slowdown in Filings Fuels Competition for Bankruptcy Cases

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Something new is hitting the bankruptcy bar: a slowdown. Just two years after the collapse of Lehman Brothers Holdings, the number of businesses filing for Chapter 11 is dropping off. Meanwhile, competition is heating up among firms eager to handle newly filed cases as recent years’ large bankruptcy matters wrap up. [...] Continue Reading…

Trustee for Rothstein Law Firm Files Clawback Suits Worth $14 Million

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The bankruptcy trustee for Rothstein Rosenfeldt Adler is casting a wider net to recover money distributed by the insolvent law firm in the final months before it tanked in a $1.2 billion fraud. [...] Continue Reading…

Schutt Sports files for Chapter 11 bankruptcy protection

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Schutt Sports Inc. has sought bankruptcy protection a monthafter losing a patent infringement lawsuit brought by competitorRiddell Inc. [...] Continue Reading…

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