Articles tagged with bankruptcy

Plan for new Cyprus vote casts uncertainty on bailout

NICOSIA, April 17 - A 10 billion euro aid deal to save Cyprus from bankruptcy has been thrown into fresh uncertainty with news that the country's fractious parliament will vote on the final package.

Found 1 month ago on channel Reuters

United States: Seventh Circuit Permits Discharge of Student Loan in Bankruptcy Proceeding - Goodwin Procter LLP

The United States Court of Appeals for the Seventh Circuit ruled that a borrower can discharge her student loans under the bankruptcy code.

Found 1 month ago on channel Mondaq

Canada: ‘Peripheral’ Administrative Information About Lawyer’s File Presumptively Privileged - Borden Ladner Gervais LLP

Morris Kaiser’s trustee in bankruptcy, Soberman Inc., thought it smelled a rat: while claiming to be impecunious, Kaiser appeared to be living a life of ‘some means’, which included trips to casinos in the US.

Found 1 month ago on channel Mondaq

Scooter Store Zips Into Bankruptcy

The Scooter Store, which claims it has given 700,000 senior citizens back their mobility, has itself run aground. The company this week filed for Chapter 11 bankruptcy, listing assets of $1 million to $10 million and liabilities of between $50 million and $100 million. Major creditors include the Centers for Medicare and Medicaid Services (CMS), which, according to the filing , is looking to collect $19.5 million--the amount the Scooter Store previously had agreed to repay the U.S. government after an independent audit found that the company had overbilled Medicare and Medicaid by $46.8 million to $87.7 million from 2009 to 2011.

Found 1 month ago on channel Abc News

Former TXU Seeks to Erase $32 Billion of Debt

Energy Future Holdings, formerly called TXU, on Monday revealed plans for a potential bankruptcy filing that would eliminate about $32 billion in debt and preserve some of the ownership stakes of its biggest investors.

Found 1 month ago on channel Wall Street Journal

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Plan for new Cyprus vote casts uncertainty on bailout

NICOSIA, April 17 - A 10 billion euro aid deal to save Cyprus from bankruptcy has been thrown into fresh uncertainty with news that the country's fractious parliament will vote on the final package.

United States: Seventh Circuit Permits Discharge of Student Loan in Bankruptcy Proceeding - Goodwin Procter LLP

The United States Court of Appeals for the Seventh Circuit ruled that a borrower can discharge her student loans under the bankruptcy code.

Canada: ‘Peripheral’ Administrative Information About Lawyer’s File Presumptively Privileged - Borden Ladner Gervais LLP

Morris Kaiser’s trustee in bankruptcy, Soberman Inc., thought it smelled a rat: while claiming to be impecunious, Kaiser appeared to be living a life of ‘some means’, which included trips to casinos in the US.

Scooter Store Zips Into Bankruptcy

Former TXU Seeks to Erase $32 Billion of Debt

Energy Future Holdings, formerly called TXU, on Monday revealed plans for a potential bankruptcy filing that would eliminate about $32 billion in debt and preserve some of the ownership stakes of its biggest investors.

tibidy-business.com

Cross-read the freshest news on business and global market places.

Plan for new Cyprus vote casts uncertainty on bailout

NICOSIA, April 17 - A 10 billion euro aid deal to save Cyprus from bankruptcy has been thrown into fresh uncertainty with news that the country's fractious parliament will vote on the final package.

United States: Seventh Circuit Permits Discharge of Student Loan in Bankruptcy Proceeding - Goodwin Procter LLP

The United States Court of Appeals for the Seventh Circuit ruled that a borrower can discharge her student loans under the bankruptcy code.

Canada: ‘Peripheral’ Administrative Information About Lawyer’s File Presumptively Privileged - Borden Ladner Gervais LLP

Morris Kaiser’s trustee in bankruptcy, Soberman Inc., thought it smelled a rat: while claiming to be impecunious, Kaiser appeared to be living a life of ‘some means’, which included trips to casinos in the US.

Scooter Store Zips Into Bankruptcy

Former TXU Seeks to Erase $32 Billion of Debt

Energy Future Holdings, formerly called TXU, on Monday revealed plans for a potential bankruptcy filing that would eliminate about $32 billion in debt and preserve some of the ownership stakes of its biggest investors.

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