Bankruptcy Saga of FSD Hot Rod Ranch Unravels
Stephen Phelps, the proprietor of the now-defunct FSD Hot Rod Ranch, confronted a legion of creditors to whom he is…
creditors
Alex Jones Proposes $55 Million Settlement Over 10 Years to Sandy Hook Families
Alex Jones, founder of Infowars, has presented a bankruptcy exit plan that outlines a proposed settlement with the families of…
Texas Residents Receiving Jail Time for Failure to Repay Loans
Summary: The inability for some Texas residents to repay payday loans has sent them to prison despite a law prohibiting such…
Howrey Trustee Files 33 Lawsuits to Recover Funds
In advance of the statute of limitations, Howrey’s bankruptcy trustee has filed 33 lawsuits in an attempt to recover millions…
Creditors Could Get Paid in Full After Lehman Brothers Collapse
When the U.S. investment bank Lehman Brothers collapsed in 2008, the global financial system collapsed with it, to a degree,…
Dewey’s Creditors Sell the Debt
Dewey & LeBoeuf is still about 200 strong, but just as many of its top partners are moving on, so…
Departing Heller Ehrman Partners Paid $7 Million
Bankrupt law firm Heller Ehrman paid out more than $7 million to 35 departing or retiring partners in 2008. The…
Former Dreier Partners Could Face Liability
The New York Law Journal has consulted with experts, and finds that lawyers who fled Dreier LLP as soon as…
Law Firm Accuses Suge Knight Of “Gangster-Style” Business
New York litigation firm Kaye Scholer, representing the trustee in hip hop entrepreneur Marion "Suge" Knight's bankruptcy case, is requesting…
Two Join Greenberg Traurig’s Bankruptcy Practice
Another ex-Cadawalderer has landed a new gig: Bruce Zirinsky, the New York firm's long-time financial restructuring group head, has joined Greenberg Traurig's Big…
Heller Ehrman Files for Bankruptcy; Remaining Employees May Not Be Paid
What's left of San Francisco's Heller Ehrman, which dissolved in November, has filed for Chapter 11 bankruptcy protection. Former Heller partner Peter…
Heller Ehrman Buried in Lawsuits; May Be Forced Into Bankruptcy
A San Francisco landlord for Heller Ehrman won a court ruling earlier this month, that means bankruptcy is now likely…