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

{ Monthly Archives } December 2009

SEC sues 3 former officers of Irvine subprime lender New Century Financial

Regulators accuse the three of manipulating numbers and concealing negative information from shareholders as the company collapsed into bankruptcy. Almost three years after New Century Financial Corp. collapsed in the first phase of the mortgage meltdown, three former executives of the Irvine company were accused by regulators Monday of misleading …

Tagged accuse-the, areholders-as-the, century, century-financial, collapsed-into, corp-, numbers-and, the-first, three-former

2009 12 08 Baxter & Baxter, LLP Uncategorized Comments (0)

SEC charges ex-N.Century execs in subprime case (Reuters)

Reuters – Securities regulators on Monday charged three former executives at now-bankrupt lender New Century with fraud, the latest government attempt to bring major players in the subprime mortgage market to justice. Read more here: SEC charges ex-N.Century execs in subprime case (Reuters) The rest is here: SEC charges ex-N.Century execs in …

Tagged bring-major, century, charged-three, government-attempt, latest, more-here, regulators-on-monday, securities, subprime, subprime-case, the-latest, the-subprime

2009 12 07 admin Uncategorized Comments (0)

New Pleading Standards for Avoidance Actions in Bankruptcy Courts

Pleading standards in bankruptcy avoidance actions have historically been set extremely low. The standards were so low that practitioners seldom saw a motion to dismiss under Rule 12(b)(6) See the article here: New Pleading Standards for Avoidance Actions in Bankruptcy Courts

Tagged actions-have, article, bankruptcy, bankruptcy-avoidance, pleading, pleading-standards, seldom-saw, standards-were, the-article

2009 12 07 Baxter & Baxter, LLP Uncategorized Comments (0)

Detroit’s battle-tested admen cope

Before the global financial crisis and the Great Recession, before millions of Americans decided not to buy cars this year, before General Motors went bankrupt and the government fired Rick Wagoner, before new GM chairman Ed Whitacre stormed into Detroit and fired Fritz Henderson, a soft-spoken Detroit advertising executive named …

Tagged and-the, before-millions, general-motors, global, government, great, stormed-into, went-bankrupt, year

2009 12 07 Baxter & Baxter, LLP Uncategorized Comments (0)

Judge hears arguments on Six Flags reorganization

WILMINGTON, Del. – (AP) Attorneys for theme park operator Six Flags Inc. and a group of its noteholders squared off in Delaware bankruptcy court Friday over the company’s proposed Chapter 11 reorganization plan. Read the original here: Judge hears arguments on Six Flags reorganization

Tagged arguments-on-six, chapter, flags, friday, its-noteholders, judge, park-operator, read-the-original

2009 12 07 admin Uncategorized Comments (0)

SEC sues 3 former officers of Irvine subprime lender New Century Financial Corp.

Regulators accuse the three of manipulating numbers and concealing negative information from shareholders as the company collapsed into bankruptcy. Federal regulators today sued three former officers of New Century Financial Corp., accusing them of misleading investors of the Irvine subprime lender as the mortgage meltdown began in 2006 Go here to …

Tagged accuse-the-three, areholders-as-the, century-financial, from-shareholders, meltdown-began, misleading-investors, mortgage, subprime-lender, sued-three, the-mortgage, three

2009 12 07 admin Uncategorized Comments (0)

Vancouver WA Bankruptcy

2009 12 07 Baxter & Baxter, LLP Uncategorized Comments (0)

BANKRUPTCY: Free bankruptcy clinic made permanent

http://www.startribune.com/lifestyle/yourmoney/78554002.html?elr=KArksKcOy_kc:DKUdcOy_nc:DKUiD3aPc:_Yyc:aULPQL7PQLanchO7DiUr

2009 12 05 Baxter & Baxter, LLP Uncategorized Comments (0)

Tribune names a new chief executive

The media firm’s chief operating officer, Randy Michaels, takes over for Sam Zell, who remains chairman. Randy Michaels was named chief executive of Tribune Co., succeeding Sam Zell, who remains chairman of the Chicago media concern that has been operating under Chapter 11 bankruptcy protection for nearly a year. … Excerpt …

Tagged a-year--, bankruptcy-protection, been-operating, chapter, chicago, for-nearly, media-concern, media-firm, michaels, randy-michaels, tribune

2009 12 03 admin Uncategorized Comments (0)

General Growth restructures $9.7 billion in debt (AP)

AP – General Growth Properties Inc. said Wednesday lenders have agreed to restructure about $9.7 billion in debt under a plan that will allow 92 of its properties to emerge from bankruptcy protection by the end of the year. Excerpt from: General Growth restructures $9.7 billion in debt … See more …

Tagged debt, debt-under, its-properties, properties, the-end, the-year, wednesday, year

2009 12 03 Baxter & Baxter, LLP Uncategorized Comments (0)

Baxter & Baxter, LLP | Portland Oregon Bankruptcy

{ Monthly Archives } December 2009

SEC sues 3 former officers of Irvine subprime lender New Century Financial

SEC charges ex-N.Century execs in subprime case (Reuters)

New Pleading Standards for Avoidance Actions in Bankruptcy Courts

Detroit’s battle-tested admen cope

Judge hears arguments on Six Flags reorganization

SEC sues 3 former officers of Irvine subprime lender New Century Financial Corp.

Vancouver WA Bankruptcy

BANKRUPTCY: Free bankruptcy clinic made permanent

Tribune names a new chief executive

General Growth restructures $9.7 billion in debt (AP)

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