Dr. John A.C. Cartner, Evaluates USMMA Advisory Board Report and DOT Sec. Foxx’s Response
FMCSA's Certified Medical Examiner Mandate to Start on May 21, 2014
Understanding Supplemental Spousal Liability Insurance in NY
Hailey French’s Story – When millions barely cover the bills.
Captain Phillips' Crew Lawsuit Has No Merit
Ten Points to Rationalize and Restart the United States Maritime Industry
PennDOT to Increase Number of Pennsylvania Bridges with Weight Restrictions
Maritime Reflections: Panama
Maritime Reflections: Transportation Worker Identification Credential (TWIC)
Ernest DelBuono on Aviation
Federal Court Upholds Majority of Hours-of-Service Rule
New Jersey to consider allowing police to search cell phones to combat distracted driving
Court Schedules Arguments on FMCSA's New Hours of Service Rule on March 15, 2013
Clark Ervin on National Security’s Business Impacts
Gene Grabowski on American Airlines' Brand Challenges
Doing Business In Canada
What is the state of Anti-Piracy Efforts and Armed Guards on Vessels?
Who pays for road damage in Pennsylvania after ACT 13?
Marcellus gas fuels Natural Gas Vehicles
Madlyn Primoff - Industries Facing Bankruptcy
One deliberately ironic facet of the 2004 film Howard Hughes bio-pic The Aviator (the one with Leonardo DiCaprio) is the fact that the airlines fighting for world dominance in the 1940s were Howard Hughes’ TWA and Juan...more
An affiliate of investment firm Fortress Investment Group LLC is believed to have made a play to acquire the Montreal, Maine & Atlantic Railway Ltd., which was involved in a deadly crash this past summer, out of bankruptcy...more
Thanks to a recent $3 million loan, workers are being rehired by the bankrupt railway that owned the runaway train that devastated a Canadian town, killing 47 people, the railway’s court-appointed trustee said Monday.
The adoption of cross-border protocols by judges in Canada and the U.S. on Wednesday will allow the Montreal, Maine and Atlantic Railway bankruptcy to move forward so that the victims of the Lac-Megantic train disaster may...more
Shipping has its fortunes anchored to the health of the global economy.
As long as supply exceeds demand, there will be companies at risk of failure. More than four years into the industry’s downturn, market equilibrium...more
Two common types of arrangements between contracting parties can create excessive financial risk for a party. The first is a company serving as a middleman or payment agent by accepting funds from a customer and then...more
The recently announced merger of American Airlines and U.S. Airways creates a new carrier that is a behemoth by any measure. The combined airline will have revenues of $39 billion, slightly larger than the current revenue...more
Our newest website – www.courtreads.com – offers completely free access to over 150,000 documents filed in hundreds of the largest current corporate bankruptcy cases, including cases under chapter 9, chapter 11, and chapter...more
In re Valence Technology, Inc.
United States Bankruptcy Court, Western District of Texas
Valence Technology, Inc., a developer and manufacturer of proprietary phosphate-based lithium ion batteries, voluntarily...more
Read the Opinion Here: http://chapter11cases.com/new-bankruptcy-opinion-in-re-os-trucking-inc-bankr-court-wd-missouri-2012-case-no-12-61003-issue-first-day-critical-vendor-relief/
Summary: Company & Case Background
Madlyn Primoff, Partner, Bankruptcy & Restructuring Practice, Kaye Scholer LLP, discusses the trends and developments likely to affect bankruptcy and distressed companies in 2012 and 2013. Primoff particularly focuses on what...more
Madlyn Primoff, Partner, Bankruptcy & Restructuring Practice, Kaye Scholer, discusses the trends and developments likely to affect bankruptcy and distressed companies in 2012 and 2013. Primoff particularly focuses on what a ...more
On February 10, 2012, Judge Sean Lane of the United States Bankruptcy Court for the Southern District of New York denied the motion of 22 defendants in adversary proceedings filed by the Debtor, The Containership Company,...more
In this issue: The Effect of Insolvency on a Charterparty; The Bribery Act 2010; Federal Maritime Commission Eases Rate Filing Requirements; Update: Sanctions Regimes; Case Study: Refusal of Orders to proceed to Yemen; Case...more
A group of affiliated companies - Omega Navigation Enterprises, Inc.; Galveston Navigation Inc.; Beaumont Navigation Inc.; Carrolton Navigation Inc.; Decatur Navigation Inc.; Elgin Navigation Inc.; Fulton Navigation Inc.;...more
The $95 million Garcon Point Bridge stretches over East Bay in Santa Rosa County. It is in danger of defaulting on its debts and its ownership might be taken from the Santa Rosa Bay Bridge Authority. Senator Don Gaetz intends...more
We have recently added the chapter 11 case of Cargo Transportation Services, Inc., which was filed on Wednesday in the Middle District of Florida, to our database. The company is a major trucking company with approximately...more
Rocketplane, a pioneer in the space tourism industry has filed for Chapter 7 bankruptcy protection last month in Wisconsin, where it relocated after shutting down its operations in Oklahoma. The company, started by CEO George...more
*TC Represents Lender in Lightning Fast Sale of Food Distributor Assets
*TC Has Interdisciplinary Team for Low-Income Housing Tax Credit Deals
*TC Represents Purchaser/DIP Lender in Franchisee’s Bankruptcy
General Motors filed for Chapter 11 bankruptcy, listing $82.29 billion in assets and $172.81 billion in debt. It is the fourth largest bankruptcy in U.S. history....more
Most maritime shipping companies were operating profitably through the summer of 2008 until the "perfect storm" of the credit crisis and the worldwide recession struck, leading to the collapse of both the commodity and...more
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