Creditor's Rights. Legal news and articles for March 31 - 31, 2012

DirecTV, Tribune Dispute Whether Deal ReachedAlso missing: confidenceLiquidation blocked for iPad dispute companyDubai shipbuilder wins debt restructuring supportPower engineers urge CM to save PSPCL from 'bankruptcy'Attorneys, counselors at ag clinics April 19Gryphon President to Teach Bankruptcy / Receivership Auction Course at Ohio ...Sino-Forest files for bankruptcy protectionPensions for up to 1200 at risk if Catalyst restructuring bid derailsThe case for a legal framework in Zambia for cross-border insolvencySino-Forest files for bankruptcy protectionKodak's US loss: $197.6 millionPensions for up to 1200 at risk if Catalyst restructuring bid derailsGryphon President to Teach Bankruptcy / Receivership Auction Course at Ohio ...Company wants to withdraw from bankruptcy petition

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Proview Lawyer Hopes Apple Makes Contact for IPad Trademark Settlement
BloombergMarch 1, 2012

Roger Xie said the two sides haven't held any formal negotiations on the issue of which company owns the right to use the iPad brand in the world's most populous nation. Lawyers presented arguments for almost six hours yesterday at the Higher People's ...more »

Wonkbook: Will 2012 feel like a comeback or a setback?
Washington Post (blog)March 1, 2012

And yet this, right now, feels like a recovery. It feels like we turned the corner in 2011. 2010, meanwhile, felt like a setback. That's because we judge the economy based on its trend more than its level. The strongest growth in 2010 came early in the ...more »

Creditor's Rights. News and Stories

DirecTV, Tribune Dispute Whether Deal Reached
BusinessWeekMarch 31, 2012

Tribune, the Chicago-based owner of the Los Angeles Times and the Chicago Tribune newspapers, filed for bankruptcy in December 2008, one year after a leveraged buyout led by real- estate billionaire Sam Zell. Since then, the company and hedge funds ...more »

Also missing: confidence
Chicago TribuneMarch 31, 2012

Edith O'Brien, MF Global's Chicago-based assistant treasurer when the company went bankrupt, may be able to shed some light in that she was in charge of directing money movements and ought to know how the $200 million in customer funds came to be ...more »

Liquidation blocked for iPad dispute company
China DailyMarch 31, 2012

Proview, a Shenzhen-based maker of computer screens and LED lights, has been suing Apple in court over rights to use the iPad trademark commonly associated with the California-based technology giant's popular tablet computer. The latest hearing of the ...more »

Dubai shipbuilder wins debt restructuring support
NewsdayMarch 31, 2012

DryDocks' debt talks were complicated by a lawsuit by one of its creditors, Monarch Alternative Capital, which was seeking about $45 million it was owed. A British court ruled in Monarch's favor earlier this year. DryDocks World operates the Middle ...more »

Power engineers urge CM to save PSPCL from 'bankruptcy'
Hindustan TimesMarch 31, 2012

Alerting the state government over the alarming commercial losses of the Punjab State Power Corporation Ltd (PSPCL), the Punjab State Electricity Board (PSEB) engineers' association has urged the chief minister to save the organisation.more »

Attorneys, counselors at ag clinics April 19
Kearney HubMarch 31, 2012

Farmers and ranchers can meet one on one and confidentially with an experienced ag law attorney and ag financial counselor on such topics as financial, estate and transition planning; farm loan programs; and debtor-creditor and water laws.more »

Gryphon President to Teach Bankruptcy / Receivership Auction Course at Ohio ...
Albany Times UnionMarch 31, 2012

Attendees will come away from this session with a better understanding of how to develop business and conduct auctions within the legal, institutional business and banking communities. Topics will include an overview of relevant laws, specific contract ...more »

Sino-Forest files for bankruptcy protection
Lompoc RecordMarch 31, 2012

AP | Posted: Friday, March 30, 2012 10:03 pm | (0) Comments Sino-Forest said it will implement a restructuring plan if the company doesn't receive a suitable takeover offer. The request to the Ontario Superior Court is the equivalent of US Chapter 11 ...more »

Pensions for up to 1200 at risk if Catalyst restructuring bid derails
Vancouver SunMarch 31, 2012

Catalyst is attempting to restructure a debt of more than $800 million under the federal Companies' Creditors Arrangement Act. The pension liability was about $40 million in 2003, and by 2010, when the dust had settled after the financial crisis, ...more »

The case for a legal framework in Zambia for cross-border insolvency
Zambia Daily MailMarch 31, 2012

Those instances include cases where the insolvent debtor has assets in more than one country or where some of the creditors of the debtor are not from the country where the insolvency proceeding is taking place. The UNCITRAL model law respects the ...more »

Sino-Forest files for bankruptcy protection
Montgomery AdvertiserMarch 31, 2012

By Charmaine Noronha, AP Sino-Forest said it will implement a restructuring plan if the company doesn't receive a suitable takeover offer. The request to the Ontario Superior Court is the equivalent of US Chapter 11 filing. "We believe the full value ...more »

Kodak's US loss: $197.6 million
Rochester Democrat and ChronicleMarch 31, 2012

The printing and imaging company on Friday filed the first of the periodic operating reports required as part of its Chapter 11 bankruptcy. Kodak's US operations declared for Chapter 11 protection on Jan. 19. As part of that process, it is to file with ...more »

Pensions for up to 1200 at risk if Catalyst restructuring bid derails
Vancouver SunMarch 31, 2012

Catalyst is attempting to restructure a debt of more than $800 million under the federal Companies' Creditors Arrangement Act. The pension liability was about $40 million in 2003, and by 2010, when the dust had settled after the financial crisis, ...more »

Gryphon President to Teach Bankruptcy / Receivership Auction Course at Ohio ...
Virtual-Strategy MagazineMarch 31, 2012

Attendees will come away from this session with a better understanding of how to develop business and conduct auctions within the legal, institutional business and banking communities. Topics will include an overview of relevant laws, specific contract ...more »

Company wants to withdraw from bankruptcy petition
Citizens VoiceMarch 31, 2012

New Hope Personal Care Homes Inc. filed papers in US Bankruptcy Court for the Middle District of Pennsylvania this week to rescind a petition for Chapter 11 protection it filed in June. A hearing is scheduled April 24 in Wilkes-Barre.more »

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