Baxter & Baxter, LLP | Portland Oregon Bankruptcy : Blog archives

{ Monthly Archives } January 2010

Madoff trustee reaches $220m settlement with BLMIS investors

NEW YORK — (Mealey’s, Jan. 29) In a motion filed in a New York federal court on Wednesday and made available yesterday, the trustee in the Bernard L. Madoff Investment Securities LLC (BLMIS) liquidation moved for entry of an order approving a $220 million settlement with the family of a

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2010 01 29 admin Uncategorized Comments Off

General Motors gets $409M of loans in Thailand

BANGKOK – (AP) The Thai unit of General Motors Co. has secured $409 million of loans from local banks and a cash infusion from GM, allowing it to restart expansion plans. The funds, which include $118 million from GM, will finance construction of a diesel engine plant in the easter

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2010 01 29 admin Uncategorized Comments Off

Bankruptcy judge rejects WaMu subpoena request

WILMINGTON, Del. – (AP) A Delaware bankruptcy judge on Thursday denied Washington Mutual Inc. ’s request to force government regulators and others to turn over documents related to the 2008 collapse of Washington Mutual Bank. In a court filing last month, the bank holding comp

Tagged court-filing, delaware, documents-related, force-government, holding-comp, judge-on-thursday, last-month, mutual-inc-, regulators-and, thursday

2010 01 29 Baxter & Baxter, LLP Uncategorized Comments Off

Book: Paulson fearful, felt ill as crisis deepened

NEW YORK – (AP) Henry Paulson was gripped by a “jolt of fear” and felt ill as the financial crisis threatened to plunge the U.S. economy into the abyss, the former Treasury secretary says in his new book. In “On The Brink,” Paulson gives a chronological account of

Tagged and-felt, brink, former, henry-paulson, into, new, paulson, plunge-the, secretary-says

2010 01 29 admin Uncategorized Comments Off

Spyker faces mountain to climb after Saab takeover

AMSTERDAM – (AP) Spyker, the tiny and little known Dutch automaker which in its 11-year history never made a profit, has confounded critics by pulling off the acquisition of the much larger Saab with a fistful of promises and $74 million ((EURO)52 million) less cash than Saab has on

Tagged acquisition, automaker-which, dutch, has-confounded, history-never, less-cash, much, promises-and, the-acquisition, the-much, the-tiny

2010 01 28 admin Uncategorized Comments Off

Fallen money fund to return most remaining cash

NEW YORK – (AP) A money-market mutual fund that held more than $60 billion before it collapsed will return nearly all the remaining cash it has to investors. New York-based Reserve Management said Tuesday night it will return $3.4 billion to Reserve Primary Fund shareholders. It’s

Tagged 3-4-billion, billion-before, cash-it-has, remaining, remaining-cash, reserve, reserve-primary, tuesday

2010 01 28 Baxter & Baxter, LLP Uncategorized Comments Off

Report: Movie Gallery may file bankruptcy

SAN FRANCISCO – (AP) Movie Gallery Inc., owner of the Hollywood Video movie rental chain, may file for bankruptcy court protection as soon as next week, according to a news report. The company, which has filed for bankruptcy once before, is fighting to stay afloat as consumers incr

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2010 01 28 admin Uncategorized Comments Off

Del. judge approves Tribune bonuses

WILMINGTON, Del. – (AP) A Delaware bankruptcy judge on Wednesday approved bonuses of up to $45 million for hundreds of Tribune Co. managers, including its top 10 executives. Judge Kevin Carey overruled objections by the Washington-Baltimore Newspaper Guild and the U.S. bankruptcy t

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2010 01 27 Baxter & Baxter, LLP Uncategorized Comments Off

Investor gets OK to buy Fontainebleau Las Vegas

NEW YORK – (AP) Billionaire investor Carl Icahn has received approval to buy the unfinished Fontainebleau Las Vegas casino-resort on the Strip, according to a hearing by a Florida bankruptcy court on Wednesday. The approval by the U.S. Bankruptcy Court in Miami had been widely ex

Tagged bankruptcy-court, billionaire, buy-the, court-on-wednesday, fontainebleau, has-received, icahn, miami-, strip, vegas, wednesday, york

2010 01 27 admin Uncategorized Comments Off

Lenders start sign up on ‘piggyback’ mortgage plan

WASHINGTON – (AP) Mortgage companies are finally starting to sign up for a long-delayed piece of the Obama administration’s $75 billion foreclosure-prevention program. The administration had been offering lenders who made so-called “piggyback” mortgages second loans that allowed c

Tagged bankruptcy law center, companies-are, finally-starting, had-been, mortgage, mortgages-second, obama, offering-lenders

2010 01 27 Baxter & Baxter, LLP Uncategorized Comments Off

Baxter & Baxter, LLP | Portland Oregon Bankruptcy

{ Monthly Archives } January 2010

Madoff trustee reaches $220m settlement with BLMIS investors

General Motors gets $409M of loans in Thailand

Bankruptcy judge rejects WaMu subpoena request

Book: Paulson fearful, felt ill as crisis deepened

Spyker faces mountain to climb after Saab takeover

Fallen money fund to return most remaining cash

Report: Movie Gallery may file bankruptcy

Del. judge approves Tribune bonuses

Investor gets OK to buy Fontainebleau Las Vegas

Lenders start sign up on ‘piggyback’ mortgage plan

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