Edge petroleum liquidating trust trustee
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We advise buyers and other investors in financially distressed companies, helping them minimize risk and maximize opportunity.
We represent financial institutions and intellectual property licensors and licensees in structuring transactions to mitigate the specialized counterparty insolvency risk associated with financial markets, securities and commodities trading, and intellectual property.
Mega RV was founded in 2000 by Mike Mc Mahon as Mc Mahon’s RV.
A federal bankruptcy judge ruled recently that GM’s 2009 bankruptcy protects the New GM from potentially billions of dollars in claims related to faulty ignition switches.
On January 12, 2014, bondholders filed an involuntary chapter 11 petition against the operating company, Caesars Entertainment Operating Company, Inc. Government […] The Second Circuit has spoken: “We conclude that although the termination statement mistakenly identified for termination of a security interest that the lender did not intend to terminate, the secured lender authorized the filing of the document, and the termination statement was effective to terminate the security interest.”[i] As a result, JPMorgan Chase & Co.
(“CEOC”), in the United States […] The scene is Detroit, and the time is early 2009. Years of multi-billion dollar losses and mounting pension obligations have taken their toll on GM, and it is looking in to filing a chapter 11 bankruptcy as a means of becoming solvent once again. […] The city teeters on the edge of insolvency, as do many other nearby municipalities, as well as the State of Illinois itself.
“We just about to do […] The bankruptcy case of the Spokane Country Club (“SCC” the “Club” or the “Debtor”) is a very interesting study of how the bankruptcy process has not only been used to disrupt the collection efforts of plaintiff creditors who have already been awarded a judgment, but also to essentially negate significant policy changes for a club that had been stipulated […] A recent settlement agreement in the Mega RV Corp.
(“Mega” or the “Debtor”) bankruptcy highlights the interplay between an overzealous lender and a repentant business owner who came together to cooperate and provide a windfall recovery to unsecured creditors.
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But […] Back in the mid-to-late ‘80s, when Dennis Miller had a massive mullet (and his stand-up performances were much more likely to be attended by you and your friends than your distant aunt and uncle who worked on the ’72 Nixon campaign), his “Weekend Update” features on Saturday Night Live were often enriched by little segments featuring […] There has been a lot of hot air blown in the past couple of weeks regarding Kanye West and Dame Dash being interested in buying the troubled e-commerce retailer Karmaloop.