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- the process of bringing a lawsuit against an individual or organization
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- Tropicana Bondholders Ask For Trustee Control
- NEW YORK (Reuters) - Some noteholders of Tropicana Entertainment LLC, which has filed for bankruptcy, asked for it to be placed under a court-appointed trustee's control, saying CEO William Yung had come close to destroying the casino operator's prospects, according to...
- News items 2008-05-07
- Pfizer Reaches Deal With Some Celebrex Users: Report
- NEW YORK (Reuters) - Pfizer Inc (PFE) has reached tentative deals with some patients who claim to have suffered heart attacks and strokes from taking the company's Celebrex and Bextra pain medicines, the Wall Street Journal said on Friday, citing plaintiff...
- News items 2008-05-02
- Merck Extends Deadline For Vioxx Settlement
- NEW YORK (Reuters) - Merck & Co (MRK) said on Thursday at least 94 percent of eligible U.S. claimants have elected to participate in its $4.85 billion proposed Vioxx settlement, and the drugmaker extended the deadline for the remainder to join ...
- News items 2008-05-01
- Eos Airlines Files Bankruptcy
- NEW YORK (Reuters UK) - Eos Airlines, which offers business class flights between New York and London, said it has filed for Chapter 11 bankruptcy protection, becoming the latest carrier to fail in the face of record fuel prices and a softening economy. Eos said...
- News items 2008-04-27
- Eos Airlines Files Bankruptcy
- NEW YORK (Reuters) - Eos Airlines, which offers business class flights between New York and London, said it has filed for Chapter 11 bankruptcy protection, becoming the latest carrier to fail in the face of record fuel prices and a softening...
- News items 2008-04-27
- OzJet Sold to HeavyLift Cargo Airlines
- Australian aviation and motor racing identity Paul Stoddart has sold his niche charter airline, OzJet, to HeavyLift Cargo Airlines.OzJet said Sydney-based HeavyLift had acquired OzJet and its fleet of four Boeing 737 aircraft "in a multi-million dollar deal".Mr Stoddart said he was pleased that OzJet would maintain its progress...
- News items 2008-05-06
- Barney's Chief Executive to Resign: Paper
- NEW YORK (Reuters) - The chief executive of luxury clothing retailer Barneys New York has said he plans to resign, The New York Times reported on Saturday. Citing colleagues of Howard Socol, who presided over the company's steadying after it fell into bankruptcy...
- News items 2008-05-10
- Police Probe Fraud at HSBC
- LONDON (Reuters UK) - Police are investigating an alleged attempted fraud at Britain's biggest bank, HSBC Holdings (HSBA), the bank said on Thursday, which is estimated to involve about 70 million pounds. HSBC said no customer funds were involved and that no money had been...
- News items 2008-05-01
- AstraZeneca and Ranbaxy Settle Nexium Patent Dispute
- By Ben Hirschler LONDON (Reuters UK) - AstraZeneca Plc (AZN) has settled a U.S. patent dispute with India's Ranbaxy Laboratories Ltd (RANB) over its top-selling ulcer pill Nexium, securing future sales of the product and boosting its shares 8 percent. The deal removes the biggest single...
- News items 2008-04-15
- BA to See Whether Rules Kept Over Alitalia Loan
- LONDON (Reuters UK) - British Airways (BAY) said it was watching to ensure European Union guidelines on state aid are met following the emergency loan to struggling airline Alitalia (AZPIa), a spokesman said on Thursday. The Italian government decided on Tuesday to give Alitalia a...
- News items 2008-04-24
- Citigroup Wins Dismissal of Many Parmalat Claims
- By Jonathan Stempel NEW YORK (Reuters) - Citigroup Inc (C) has won the dismissal of much of a multibillion-dollar New Jersey lawsuit over its alleged role in the 2003 collapse of Parmalat SpA (PLT), the Italian food company. The largest U.S. bank still...
- News items 2008-04-15
- Eurotunnel Launches 719 Million Pound Rights Issue
- PARIS (Reuters UK) - Eurotunnel (GETP), the company which runs the subsea link between Britain and France, said on Tuesday it was launching a 915.4 million euro (719 million pound) rights issue as part of its finance restructuring. Groupe Eurotunnel said the subscription period for the...
- News items 2008-04-29
- IMF Australia to Back Opes Claims
- Listed litigation funder IMF Australia Ltd will fund the claims of former clients of collapsed margin lender Opes Prime against ANZ Banking Group Ltd (ANZ).The clients are seeking "either damages or the return of equivalent shares sold by ANZ", IMF said in a statement Friday.IMF said it will provide...
- News items 2008-04-18
- Ex-Fed Official Criticizes Bear Stearns Rescue: Report
- NEW YORK (Reuters) - A former top Federal Reserve official has said that the Fed's bailout of Bear Stearns Cos (BSC) will come to be viewed as the "worst policy mistake in a generation," the Wall Street Journal reported on Tuesday. Vincent Reinhart,...
- News items 2008-04-29
- Delta and Northwest Lose Billions (Not Really)
- So if I called United's $500 million loss yesterday dreadful, then I'm going to have to come up with a far more sinister word for Delta and Northwest's more than $10 billion loss today, right? Well, not really. Losing $10 billion is just silly. Though...
- Blog posts 2008-04-24
- Inter-Organizational Knowledge Management: A Comparison of Law Firms in Norway and Australia
- Law firms represent an industry that seems very well suited to knowledge management investigation. Law firms are knowledge intensive, and the use of advanced technology may well transform these organizations in the future. This paper reports results from a survey of Norwegian law firms on the use of information technology...
- White papers
- Refinance After Bankruptcy
- Refinancing mortgage after bankruptcy is actually the same as replacing it with an entirely new mortgage. The most common reason for refinancing a person's mortgage after bankruptcy is to get a lower interest rate and save money over the length of the mortgage. It is possible for the person to...
- White papers
- The Bankruptcy Code Acknowledges the Validity of the Homestead Exemption
- Many times the subject of bankruptcy seems baffling in its complexity. Actually the basic principals of bankruptcy are fairly simple even though the federal statuses on bankruptcy are extensive. The reason that the statutes are so complex is because in as effort at social engineering, the lawmakers want to cover...
- White papers
- Bankruptcy and Buying a Home
- Mortgage companies and online lenders are now offering home loans for those who have a bankruptcy on their credit report. Some lenders will even approve the loan as soon as one day after the bankruptcy has been discharged. Buying a home after bankruptcy is no longer impossible. There are many...
- White papers
- Bankruptcy: Is It for You?
- Bankruptcy does offer a clean start. For those who are struggling with debts and just can no longer make ends meet, this seems like the right choice to make. But, before a person head downs that road, the person should make sure that it is the right decision for himself...
- White papers
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