Bankruptcy Judge

Type: Keyphrase
Name: Bankruptcy Judge
First reported 16 hours ago - Updated 2 hours ago - 16 reports

Rhodes to Duggan, Detroit council: Embrace bankruptcy plan

Detroit’s bankruptcy judge on Thursday warned the city’s legal team he wants Mayor Mike Duggan and the City Council to be on board with the city’s historic restructuring plan before he approves it.As the city continued to reach settlements that could ... [Published Detroit News - 2 hours ago]
First reported 2 hours ago - Updated 2 hours ago - 1 reports

Bankruptcy judge rejects objections to bankruptcy disclosure statement

April 17-- Judge Steven Rhodes today rejected objections to Detroit's bankruptcy disclosure statement as long as the city provides some additional information on pension cuts, investors interested in the Detroit Institute of Arts and other key issues ... [Published Insurance News Net - 2 hours ago]
First reported 12 hours ago - Updated 6 hours ago - 4 reports

Bankruptcy judge rejects objections to bankruptcy disclosure statement

Judge Steven Rhodes today rejected objections to Detroit’s bankruptcy disclosure statement as long as the city provides some additional information on pension cuts, investors interested in the Detroit Institute of Arts and other key issues related to ... [Published Detroit Free Press - 8 hours ago]
First reported 22 hours ago - Updated 7 hours ago - 3 reports

Experts says freezing ignition defect lawsuits could cut payouts by billions of dollars

As General Motors Co had moved to delay litigation of ignition-defect cases in California and Texas, bankruptcy law experts say that the maneuver could save the automaker billions of dollars in terms of customer payouts, Bloomberg reported.Last week, ... [Published Lawyer Herald - 11 hours ago]
First reported 12 hours ago - Updated 12 hours ago - 2 reports

Bankruptcy Judge Clears Bankruptcy Sale of Indiana Limestone

(c) 2014 Dow Jones & Company, Inc.A bankruptcy judge cleared executives at Indiana Limestone Co., which has mined slabs of stone for the Empire State Building and the Pentagon, to sell the company to Chicago firm Wynnchurch Capital in a $26 million ... [Published Dow Jones Financial Information Services - 12 hours ago]
First reported Apr 16 2014 - Updated 20 hours ago - 3 reports

Future pension fundoversight is essential

In the world of bankruptcy, Detroit’s retirees are near getting an extraordinary deal. The deeper cuts originally proposed are off the table for now, and it appears that monthly pension checks will see minimal or no cuts. To make sure the foundation the ... [Published Detroit News - Apr 17 2014]
First reported Apr 16 2014 - Updated Apr 17 2014 - 3 reports

Should 'new GM' be liable for pre-bankruptcy ignition accidents? (+video)

GM will ask a bankruptcy judge to protect it from many of the lawsuits related to the faulty ignition switch behind a massive recall. And it wants all lawsuits delayed until the ruling is made. By Mark Guarino[1], Staff writer / April 16, 2014 General ... [Published DailyMe.Com - Apr 17 2014]
First reported Apr 16 2014 - Updated Apr 17 2014 - 2 reports

Parents unhappy with how principal enforces junk food policy

Parents unhappy with how principal enforces junk food policyUpdated: Wednesday, April 16 2014 6:47 PM EDT 2014-04-16 22:47:22 GMTParents of students at T. Dale Cooke Elementary school in Detroit say the principal is enforcing students to eat healthy in ... [Published MyFox Detroit - Apr 17 2014]
First reported Apr 16 2014 - Updated Apr 16 2014 - 4 reports

GM asks bankruptcy judge to look at its liability

General Motors is asking a bankruptcy judge in New York to take a look at its "shield" – the shield that protects it from liability lawsuits that stem from crashes or defects that happened before its bankruptcy.Veteran auto analyst Michelle Krebs joined ... [Published Michigan Public Radio - Apr 16 2014]
First reported Apr 16 2014 - Updated Apr 16 2014 - 10 reports

Reports: GM seeking protection on pre-bankruptcy recall lawsuits

General Motors is seeking protection from lawsuits about product failures involving cars that were recalled before its 2009 bankruptcy proceeding that involved the company receiving a $50 billion federal bailout, according to multiple reports.GM is facing ... [Published The Hill - Apr 16 2014]
First reported Apr 16 2014 - Updated Apr 16 2014 - 2 reports

Five apply for Detroit bankruptcy witness position

DETROIT (WKZO) -- Five people are applying for the position of expert witness in the Detroit bankruptcy case. Last month, U.S. Bankruptcy Judge Steven Rhodes said he would hire a municipal finance expert to review the city of Detroit's proposed restructuring ... [Published 92.9 WLMI - Apr 16 2014]
First reported Apr 16 2014 - Updated Apr 16 2014 - 3 reports

Chapter 9 turns page in Detroit, but remains far from closed

What a difference a weekend of marathon mediation can make.Confirmation Tuesday that leaders of Detroit’s retired police and firefighters will accept the city’s latest offer on their claim — highlighted by no cuts to pensions and reductions to cost-of-living ... [Published Detroit News - Apr 16 2014]

Quotes

Tempers flared at one point, and Kelley cut them off, saying, "This case is hard enough without the mudslinging by the lawyers."
"We’ve already seen mediation work in the bankruptcy process with the DIA and with Detroit retirees and we continue to believe a regional authority, under the right terms, is in the best interests of the ratepayers of the region.”"
"We have to think about what an appropriate role is for the U S Bankruptcy Court post confirmation" Rhodes said
"They're running on parallel tracks but the trains are going to different stations. (GM then can invoke the fund Feinverg recommended to say, 'As a matter of law we don't have to pay anybody a nickel, but we recognize our responsibility to people who were harmed by our product, so we are going to help them'" bankruptcy lawyer Chip Bowles at Bingham Greenebaum Doll LLP said

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All (928) | News (814) | Reports (0) | Blogs (110) | Audio/Video (0) | Fact Sheets (0) | Press Releases (3)
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GM asks feds for protection once again [Published Detroit News - 53 mins ago]
Offer of a fresh perspective might help Detroit... [Published Detroit News - 59 mins ago]
Publication: Lehman: New Limitations on Plan Pa... [Published Pillsbury Law - 2 hours ago]
Rhodes to Duggan, Detroit council: Embrace bank... [Published Detroit News - 2 hours ago]
Detroit suburbs ordered back to table for water... [Published Detroit News - 2 hours ago]
Bankruptcy judge rejects objections to bankrupt... [Published Insurance News Net - 2 hours ago]
Detroit nears agreements with more creditors on... [Published Crains Detroit Business - 3 hours ago]
Archdiocesan bankruptcy case moves one more ste... [Published Milwaukee Journal Sentinel - 3 hours ago]
A Bid to Park Recalled GM Cars Is Denied [Published Columbus - 4 hours ago]
Agreements quell bankruptcy protests, but Detro... [Published Michigan Live - 6 hours ago]
UPDATE 1-Detroit bankruptcy judge revives idea ... [Published CNBC - 6 hours ago]
GM Defeats Consumer Court Bid to Require Recall... [Published Washington Post - 7 hours ago]
Macomb County eyes own water-sewer dept. [Published Macomb Daily - 7 hours ago]
Mealey's IP/Tech - Judge Delays Deposition Of ... [Published Mealey - 8 hours ago]
Bankruptcy judge rejects objections to bankrupt... [Published Detroit Free Press - 8 hours ago]
Detroit passes economic terms in pension deal [Published The Gulf Today - 9 hours ago]
Oakland officials, residents react to bankruptc... [Published Macomb Daily - 9 hours ago]
Bankruptcy judge wants to hear from Duggan, cou... [Published Detroit News - 10 hours ago]
GM Defeats Consumer Bid to Require Park-It Orde... [Published Washington Post - 10 hours ago]
Detroit bankruptcy judge revives concept of reg... [Published Atlanta Journal And Constitution - 10 hours ago]
Judge Detroit suburbs must mediate on regional ... [Published Big News Network - 10 hours ago]
Detroit Judge Withholds Final Ruling on Plan Di... [Published Bloomberg via Google News - 10 hours ago]
Detroit bankruptcy judge revives concept of reg... [Published Big News Network - 10 hours ago]
Detroit bankruptcy judge looks for expert [Published The Washington Times stories: News - 11 hours ago]
Bid to end Detroit bankruptcy by October gains ... [Published Christian Science Monitor - 11 hours ago]
Creditors to vote archdiocese bankruptcy plan [Published Minneapolis Star Tribune - 11 hours ago]
Experts says freezing ignition defect lawsuits ... [Published Lawyer Herald - 11 hours ago]
GM seeks to squelch lawsuits stemming from igni... [Published RINF.com - 11 hours ago]
Detroit Nears Agreements With More Creditors on... [Published Moneynews - 12 hours ago]
Bankruptcy Judge Clears Bankruptcy Sale of Indi... [Published Dow Jones Financial Information Services - 12 hours ago]
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Blogs

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Detroit Judge Withholds Final Ruling on Plan Di... [Published Bloomberg via Google News - 10 hours ago]
Detroit Judge Withholds Final Ruling on Plan Disclosure Bloomberg Detroit's bankruptcy judge withheld a final ruling on whether to approve materials explaining to creditors the city's plan to shrink $18 billion in debt. U.S. Bankruptcy Judge Steven ...
This is an immoral company-----GM looking to ba... [Published MuskegonPundit - 12 hours ago]
GM looking to bankruptcy court for lawsuit protection - Fox 2 News Headlines DETROIT (WJBK) - General Motors says it will ask a federal bankruptcy judge to shield the company from legal claims involving conduct before its 2009 bankruptcy. The company ...
The Daily Docket: Mt. Gox CEO Karpelès Won’t Co... [Published WSJ.com: Bankruptcy Beat - 15 hours ago]
Mark Karpeles attends a news conference at the Tokyo District Court in Tokyo on Feb. 28.Bloomberg Mt. Gox Chief Executive Mark Karpelès said he would not come to the U.S. later this week to answer questions about the Japanese bitcoin exchange’s U.S. ...
Detroit Judge Orders City, Suburbs Into Water M... [Published Bloomberg via Google News - 16 hours ago]
Detroit Judge Orders City, Suburbs Into Water Mediation Bloomberg Detroit and its suburbs were ordered by the judge overseeing the city's $18 billion bankruptcy case to hold mediated talks on a proposed regional water authority. U.S. Bankruptcy Judge ...
GM Seeks Delay of Suit Pending New Bankruptcy C... [Published Bloomberg via Google News - Apr 15 2014]
GM Seeks Delay of Suit Pending New Bankruptcy Court Ruling Bloomberg General Motors Co. (GM) asked a federal court in California to delay a lawsuit over faulty cars until a bankruptcy judge rules whether such claims can be brought without violating ...
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Press Releases

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Lehman Bankruptcy Judge James M. Peck To Join M... [Published Financial Services - Feb 19 2014]
City of Detroit Issues Statement on Pension 'Sw... [Published Financial Services - Jan 16 2014]
GreenPath Debt Solutions Reminds Detroit pensio... [Published Financial Services - Dec 03 2013]
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