Two demonstrators protest against U.S. Judge Robert Drain, who has granted immunity from future opioid lawsuits to members of the Sackler family.

Brian Mann


hide caption

toggle caption

Brian Mann


Two demonstrators protest against U.S. Judge Robert Drain, who has granted immunity from future opioid lawsuits to members of the Sackler family.

Brian Mann

Members of the Sackler family who are at the center of the nation’s deadly opioid crisis have won sweeping immunity from opioid lawsuits linked to their privately owned company Purdue Pharma and its OxyContin medication.

Federal Judge Robert Drain approved a bankruptcy settlement on Wednesday that

Read more

Sep. 11—A virtually 3-yr-aged personal bankruptcy situation submitted amid hundreds of kid sexual abuse allegations has expense the Archdiocese of Santa Fe extra than $2.3 million in legal service fees by yourself.

Federal court information show the Roman Catholic establishment has used the services of at least four law firms with abilities in instances involving clergy sexual abuse and personal bankruptcy. The archdiocese seeks to reach a settlement with 385 claimants in its December 2018 Chapter 11 submitting with the U.S. Bankruptcy Court docket in Albuquerque.

This archdiocese and several dioceses across the country, like the just one in Gallup,

Read more

Genuine Housewives of Beverly Hills star Erika Jayne is utilizing her no cost time picking fights with the lawyer looking into her finances as component of her estranged husband Thomas Girardi’s individual bankruptcy.

On Thursday, Jayne commenced liking tweets that trashed the attorney, Ronald Richards.

Short article proceeds under advertisement

The information Jayne enjoyed go through, “He’s leaking information and facts to the press her lawful team hasn’t even observed nonetheless. And he is not exposing crap he’s sensationalizing headlines. He explained GK [Tom’s Firm] loaned her 25M to disguise belongings when it was put in in

Read more
  No Comments




Microsoft and partners may be compensated if you purchase something through recommended links in this article.

Read more

By Maria Chutchian

NEW YORK, Sept 9 (Reuters) – LATAM Airways said on Thursday it has received quite a few gives to fund its exit from Chapter 11 individual bankruptcy, each individual of which are really worth far more than $5 billion.

LATAM, the most significant airline in Latin America, gained the delivers from creditors and shareholders, according to a filing with the U.S. Personal bankruptcy Court docket in New York Metropolis.

The Santiago, Chile-primarily based corporation did not reveal the quantity of delivers obtained or from whom they arrived, but Delta Air Lines Inc is LATAM’s largest shareholder. Other

Read more

“The blunder that I built, as the person running the corporation, was to grow exterior of Michigan, applying debt to do it,” Sellers instructed Crain’s for the duration of an interview previously this month. “I was underneath the wrong assumption that because the model was so wildly common in Michigan and would very very easily translate to other states. And what we found is that in other states, we had been just noticed as any other chain. While in Michigan we were being viewed as a hometown hero, like Bob Seger.”

At the time of the individual bankruptcy filing in

Read more

Are Democrats serious about confronting the impending collapse of Social Protection and Medicare? It sure doesn’t feel so.

Instead of concentrating on the looming personal bankruptcy of these plans, Democrats are pushing to invest $4-$5 trillion on a progressive desire-checklist of expensive new federal giveaways. Perhaps they think that promising voters totally free college or university, free child care, cost-free elder treatment and so a lot more will distract them from knowing that our most vital security nets are falling into disrepair. 

In addition, President Biden and congressional Democrats want to drastically hike taxes to pay out for shiny new

Read more

(JTA) — The Countrywide Museum of American Jewish Heritage in Philadelphia will arrive out of bankruptcy in the coming weeks after a previous trustee stepped in to get the museum making and lease it back again for a nominal month-to-month rent of $1,000. 

Mitchell Morgan, a nearby authentic estate CEO,  will pay the museum about $10 million for its downtown property as element of a system authorised by a federal judge on Wednesday. 

The approach also settles a financial debt with bondholders, including Morgan, who agreed to accept $14 million less than what they were being owed. 

“We’re

Read more

Two weeks in advance of Robin Dalton, the Saratoga Springs public protection commissioner, announced on April 14 her candidacy for mayor, she filed for bankruptcy protection under her delivery title, Robin Lakian.

The personal bankruptcy petition, submitted April 1, 2021, in the United States Bankruptcy Court for the Northern District of New York, outlined $172,000 she owed the Internal Income Support for “taxes and certain other debts” owed to the federal govt. 

When requested about the individual bankruptcy petition on Thursday, Dalton denied that this sort of a submitting existed: “I’ve literally hardly ever filed for personal bankruptcy,” she stated.

Read more

As a candidate for Roanoke commonwealth’s attorney in 2017, law firm Melvin Hill answered issues about his tens of countless numbers of bucks in federal cash flow tax credit card debt by declaring that he had arranged to choose treatment of it through a payment system: $2,300 a thirty day period.






Hill




20-6 months afterwards, nonetheless, Hill went to court, declared individual bankruptcy and properly petitioned for a debt discharge, a ruling that relieved him of any obligation to pay thanks to insolvency.

That discharge, of about $186,000, addressed his tax delinquencies in at least 10

Read more

ON SEPTEMBER 1ST a long lawful wrangle in America’s opioid epidemic, which continues to kill thousands of people a 12 months, at very last came to an stop. A federal decide in New York accepted the individual bankruptcy program of Purdue Pharma, which designed and made OxyContin, a hugely addictive painkiller. The offer settles countless numbers of lawsuits versus the company filed by states, localities, tribes and men and women. Purdue will be re-organised as a community-gain enterprise referred to as Knoa Pharma, and its future revenue will go to alleviating the hurt accomplished by opioid habit.

Read more

LOUISVILLE, Ky. — Ramsi’s Cafe on the World, which has served worldwide dishes for approximately three a long time at its Highlands site on Bardstown Highway and opened a 2nd place in Norton Commons this summer time, has filed for Chapter 11 bankruptcy.

Proprietor Ramsi Kamar submitted the submitting Wednesday in U.S. District Courtroom for the Western District of Kentucky, in accordance to on the net courtroom information.

Kamar claimed estimated belongings of amongst $ and $50,000 and estimated liabilities of among $500,000 and $1 million in the filing.

The restaurant’s creditors who are owed cash, in accordance to

Read more
  No Comments

The Iowa Conference of the United Methodist Church is advising regional churches to end sponsoring Boy Scouts of The usa units till the corporation emerges from individual bankruptcy.

The BSA filed for Chapter 11 personal bankruptcy protection in February 2020 to protect it from hundreds of lawsuits by victims who have stated they ended up sexually abused through their time with the organization. A federal individual bankruptcy judge in Delaware previous week signed off on aspect of an $850 million settlement settlement BSA reached with a bulk of the attorneys for sexual intercourse abuse claimants in the scenario.

The $850

Read more

Kathe Sackler, a member of the family members that owns Purdue Pharma, testifies via video clip in December 2020 to a Property Oversight Committee hearing in Washington. Sackler was a person of 4 customers of her household to testify this 7 days at U.S. Bankruptcy Courtroom at a listening to over a reorganization plan for Purdue.

House Television by using AP


cover caption

toggle caption

Home Television through AP


Kathe Sackler, a member of the spouse and children that owns Purdue Pharma, testifies via video in December 2020 to a House Oversight Committee listening to in Washington. Sackler was one

Read more
&#13
&#13

&#13
&#13
(file image)
&#13

Posted
Aug 27, 2021 3:32 PM by

The Maritime Government

&#13
&#13
&#13
&#13
&#13
&#13
&#13

The personal bankruptcy choose listening to the case of Bouchard Transportation accredited the bankruptcy program which will see the company’s belongings divided off to two prospective buyers with partial recovery for the collectors. Attempts to produce an alternate prepare that would have found Bouchard retain some of its belongings failed to materialize.

&#13
&#13

At a digital hearing done on August 26, Texas bankruptcy court docket judge David Jones accredited the prepare that was presented to

Read more

ATTLEBORO — New England Athletics Village filed for individual bankruptcy defense Thursday to stave off a foreclosures auction that was scheduled for Friday, a company agent stated.

Stuart Silberberg, managing companion of Ajax 5CAP NESV LLC, the holding firm for NESV, said the filing was becoming accomplished electronically, concerned seven entities was envisioned to be completed Thursday evening.

NESV founders envisioned an ice rink on its assets as very well as amenities for soccer, tennis and swimming. So considerably, only the ice rink is up and operating it opened on Nov. 25, 2016.

Silberberg reported the individual bankruptcy filing arrives

Read more

Erika Jayne owes $25 million to her estranged husband’s law company, in accordance to a lawsuit submitted in Los Angeles on Aug. 26 and acquired by E! Information. 

The trustee driving the Girardi Keese individual bankruptcy circumstance sued the Genuine Housewives of Beverly Hills star, 50, for much more than $25.5 million moreover curiosity, after Erika allegedly paid out for her “extravagant life-style” working with firm cash.

“The glam are not able to be supported by a sham,” trustee Elissa Miller states in the initial amended complaint. 

Erika, along with her EJ World-wide and Fairly Mess companies, allegedly received jewelry

Read more
(Source: iStock)

Rockford, IL-(ENEWSPF)- An Illinois attorney whose follow involved individual bankruptcy law has been uncovered guilty of individual bankruptcy fraud fees subsequent a two-week jury trial in federal court in Rockford. 

KEVIN O. JOHNSON, also acknowledged as “K.O. Johnson,” 55, of Sycamore, Ill., was convicted Friday on four counts of bankruptcy fraud, one count of making a wrong entry in a document in a personal bankruptcy continuing, 1 depend of withholding data from the Individual bankruptcy Trustee, and a person rely of concealment of residence consisting of account receivables belonging to the personal bankruptcy estate.  The expenses linked

Read more

WESTPORT — The Connecticut seller of Zest cleaning soap, Confident deodorant and a quantity of other brand names found in lavatory cupboards has relocated its headquarters to Westport from Stamford, a yr following it was obtained out of bankruptcy by a private equity trader.

Large Ridge Models sells several very well-identified particular care products and solutions together with Zest and Coast soaps, Alberto VO5 and Pert shampoos, and Brut and Absolutely sure deodorants. The corporation acquired the latter 3 solutions only this earlier June from Helen of Troy, along with other products in a $45 million transaction.

On its web-site,

Read more

Erika Jayne may possibly be hoping to force her divorce by with Tom Girardi, but her estranged husband’s legislation agency is said to be auctioning off some of Jayne’s prized memorabilia in order to shell out off its collectors.

Girardi Keese is marketing off the “True Housewives of Beverly Hills” particular outcomes, explained as “Erika Jayne collectibles,” which include signed journal addresses, framed shots of Jayne and Girardi as very well as the Billboard plaque for her 2009 observe “Roller Coaster.”

Other merchandise also contain substantial-conclude lingerie these types of as a lace bralette, see-via panties, ordered by

Read more

To the editor:

No one uncertainties that Housatonic Drinking water Operates needs it could offer Housatonic inhabitants with the thoroughly clean drinking water they deserve. The impediment – the cause for all the sediment – is that HWW does not have the $31 million a new report established is essential to overhaul its process. HWW finds itself amongst a lot of rocks and a tricky area – the DPU will not permit a fee boost on HWW’s 850 shoppers substantial adequate to pay back for repairs, nonetheless the lending markets will not lend without the need of burdensome level raises. 

Read more

DOUBLING Down with the Derricos’ Deon and Karen Derrico have filed for bankruptcy five times while growing their family to 14 children. 

The Sun can exclusively reveal Deon, 50, filed for individual Chapter 13 bankruptcy on October 3, 2011. 

5

Deon and Karen Derrico have filed for bankruptcy five timesCredit: TLC
They star on Doubling Down with the Derricos along with 14 of their children

5

They star on Doubling Down with the Derricos along with 14 of their childrenCredit: TLC

The Doubling Down with the Derricos star listed his debt in between $500,001 to $1,000,000. 

Deon did not provide a summary of schedules, which lists creditors, income, expenses and more.

Just

Read more

Tiger Woods‘ previous mistress Rachel Uchitel appeared in courtroom in the Southern District of New York on Wednesday for a hearing in her individual bankruptcy situation.

The 46-12 months-old former nightclub manager and kid’s clothing shop owner submitted for Chapter 7 personal bankruptcy in July 2020. In February, she was granted a discharge in the case, but Michael D. Holtz, an lawyer for Woods, filed a motion to reopen the circumstance in April.

Holtz’s attempts to muzzle Uchitel from speaking about the professional golfer in court ongoing at Wednesday’s hearing, which

Read more

DECATUR — The authorized proceedings to select more than the remains of the bankrupt Decatur Celebration expose there isn’t a complete ton remaining of any substantial value to repay creditors.

Just what is remaining to sell was outlined in a phone creditors’ meeting this week in which individual bankruptcy trustee Jeffrey Richardson questioned Claudette Davis, the last president of the Decatur Celebration board of administrators.

“I recognize there weren’t a large amount of belongings left … but what assets does the Decatur Celebration have at the time it submitted (for bankruptcy)?,” asked Richardson through the Wednesday listening to.

“There are

Read more
&#13
&#13

&#13
&#13
(file image)
&#13

Released
Aug 6, 2021 11:52 AM by

The Maritime Govt

&#13
&#13
&#13
&#13
&#13
&#13
&#13

The individual bankruptcy decide listening to the circumstance of Bouchard Transportation accepted the sale of the company’s tugs and barges during a hearing on August 5. Beneath the proposed closing sale, the assets of the corporation would be break up between two monetary corporations that provided financing during the personal bankruptcy, whilst the organization is holding out hope for a last-minute alternate proposal that would allow it to keep some assets.

&#13
&#13

Choose David Jones

Read more