After the market closed on Friday, Kodak said it had no plans to seek bankruptcy protection, but said it had engaged outside advisors including law firm Jones Day, known for handling the bankruptcy of car company Chrysler. ...more »
This seminar will also provide you with a better understanding of asset protection planning. Learn how to reduce exposure to some of those uncertainties – and in turn, gain a little more piece of mind. This section will cover: $35 per person. ...more »
Andrew Madoff is named as a defendant because he allegedly has more than $60 million in fraudulent transfers from Bernard L. Madoff Investment Services. However, the family has maintained their innocence, claiming they were not aware of Bernie Madoff's ...more »
The regulators said they decided a bankruptcy led by the Securities Investor Protection Corp. would be the best way to safeguard customer accounts and assets. “MF was highly leveraged and I think Corzine came in trying to do what he did at Goldman ...more »
By Tony Whitfield The legal pursuit by Ikos Asset Management of former employees accused of illegally copying trading software has highlighted the need to protect a hedge fund's intellectual property. Actions have been heard before the UK High Court ...more »
Unlike an individual retirement account (IRA), employer plans typically offer limited investment opportunities, especially among the various asset classes. An IRA has substantially similar asset protection planning features found with ...more »
The complaint, originally filed in New York state court, was transferred to US District Court and from there to the bankruptcy court in Manhattan. The liquidators were granted relief under Chapter 15 of US bankruptcy laws. Chapter 15 allows courts in ...more »
New Jersey, the last previously remaining state that prohibited law enforcement from using ECDs has approved the TASER(R) X26(TM) ECD and the X2 ECD for use by law enforcement officers in New Jersey. These models are the only ECDs to meet the criteria ...more »
Peter Dobbs, who heads Catlin's Asset Protection service, delivered the same message in a recent interview with the IJ. ”I think it's no longer possible now to have a vessel, valued at a hundred million dollars, with cargo valued at two hundred million ...more »
Troubled brokerage MF Global Holdings was nearing a deal late on Sunday night to file for bankruptcy protection and sell assets to Interactive Brokers Group, media reports said. As per a tentative plan, MF Global's holding company would file for ...more »
The city needs to leverage assets such as the Rt. 23 corridor, a newly developed industrial park and partnerships with key players to bring jobs to the community, McIlroy said. “Ohio Christian University is going to be annexed into the city, ...more »
NEW YORK, Oct 31 (Reuters) - Troubled brokerage MF Global Holdings Ltd was nearing a deal late on Sunday night to file for bankruptcy protection and sell assets to Interactive Brokers Group , media reports said. ...more »
The voiding of transactions entered into with the purpose of defrauding current creditors is common in debtor-creditor law, but BAPCPA extends creditor protection by voiding transfers that were made with the intent to protect assets from future ...more »
That's because patents have become highly valuable to digital device makers who want to protect themselves from intellectual property lawsuits. In July, an alliance made up of Apple and Microsoft purchased a raft of patents from Nortel Networks for ...more »
Even with the annuity deal, however, plan participants will not receive all of their promised benefits, such as certain benefit increases to reflect rises in the cost of living. Such pension plan buyout arrangements are required under British law, ...more »
California's Porter-Cologne Act actually predated the federal Clean Water Act, and hands our state water quality regulators significant authority to stop ongoing pollution and to require remedial action. The Water Boards and the Coastal Commission, ...more »
This is not unlike the modern day implementation of the Wildlife Protection Act which forbade the extraction of forest produce by communities living within. The law insisted that the state provide alternatives, but it was ignored, leaving these ...more »
