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Your Daily Dose of Financial News

by Robins Kaplan LLP on

Greenlight Capital’s David Einhorn is pushing GM to split its common stock into two classes—one for dividends and the other for all additional earnings—in an effort to boost the carmaker’s market cap. GM’s not on board....more

Finally A Clear Ruling On A Much Needed Bankruptcy Preference Defense

by Saul Ewing LLP on

The United States Bankruptcy Court for the District of Delaware has finally clarified that the administrative expense claim for goods delivered post-bankruptcy filing may be set off – dollar for dollar – to reduce any open...more

Case Update - Re Timminco Limited

by Dentons on

Re Timminco Limited (2012) ONSC 506 (Ont. Commercial List) and (2012) ONSC 948 (Ont. Commercial List). Timminco Limited and Bécancour Silicon Inc. (together the “Timminco Entities”) sought and...more

Harrisburg, PA files for Bankruptcy

by Aaron Nielson on

Harrisburg, PA files for Bankruptcy Pennsylvania’s capital city Harrisburg filed for bankruptcy protection on Wednesday October 12, 2011. Municipal bankruptcy filings are not common. These cases are filed under Chapter 9...more

Are bankruptcy filings increasing or decreasing?

by Aaron Nielson on

Are bankruptcy filings increasing or decreasing? This is a common question I receive. Are more people filing bankruptcy now or has it slowed down? The number of cases filed each month isn’t a secret. The courts...more

How to obtain a Chapter 7 Discharge? Be Honest with the Trustee!

by Raymond Kenney on

When clients hire the Law Office of Raymond A. Kenney, PLLC to assist them in the preparation of a Chapter 7 bankruptcy case their preeminent goal is to obtain a discharge of their debts as quickly as possible. This is an...more

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