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WORKPLACE: Labor judge rules for bus company - Press-Enterprise

News - Industry News

Christian Science Monitor

WORKPLACE: Labor judge rules for bus company
Press-Enterprise
The request, in front of a US Bankruptcy Court judge in New York, drew a sharp reply from leadership of the Teamsters, which along with the bakery workers union, represents Hostess workers. In Inland Southern California, the Teamsters represent a ...
Food FYI: 'Twinkies will be no more'?Los Angeles Times

all 42 news articles »
Read more... [WORKPLACE: Labor judge rules for bus company - Press-Enterprise]
 

Lenny Dykstra Faces New Charges in Bankruptcy Fraud Case - BusinessWeek

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CBC.ca

Lenny Dykstra Faces New Charges in Bankruptcy Fraud Case
BusinessWeek
By Edvard Pettersson on April 21, 2012 Lenny Dykstra, the former New York Mets outfielder serving a three-year state prison term for grand theft auto, faces new charges in a federal bankruptcy-fraud case of stealing baseball memorabilia.
Dykstra jailed for lewd conductEdmonton Sun

all 26 news articles »
Read more... [Lenny Dykstra Faces New Charges in Bankruptcy Fraud Case - BusinessWeek]
 

JPMorgan wins second victory in Lehman-linked lawsuit - Reuters

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JPMorgan wins second victory in Lehman-linked lawsuit
Reuters
... California, said JPMorgan in 2006 bought $446000 of Lehman notes with collateral it had posted under a securities lending agreement. It said these notes lost 85 percent of their value when Lehman went bankrupt on September 15, 2008.

and more »
Read more... [JPMorgan wins second victory in Lehman-linked lawsuit - Reuters]
 

Section 1717/Reasonableness Of Fees: Promissory Note With Fees Clause Was Action On The Contract In Trust Deed Cancellation, Quiet Title, Declaratory Relief, Injunctive, Fraud And Slander Of Title Action

News - Industry News
Dismissal for Failure to Prosecute Did Make Defendant the Prevailing Party. In Halamandaris v. Sephos, Case No. C065819 (3d Dist. Apr 18, 2012) (unpublished), plaintiff’s action for the various claims described in our heading above was dismissed for failure to...
Read more... [Section 1717/Reasonableness Of Fees: Promissory Note With Fees Clause Was Action On The Contract In Trust Deed Cancellation, Quiet Title, Declaratory Relief, Injunctive, Fraud And Slander Of Title Action]
 

Judgment Enforcement Two-Fer: Improperly Issued Writ Of Execution Before Entry Of Fee Award Had To Be First Challenged In Trial Court Quash Proceeding First And Attorneys Fees Judgment Paid By One Group Of Defendants Extinguished Judgment For Offse

News - Industry News
Rivas v. Altawood, Inc., Case No. E049597 (4th Dist., Div. 2 Apr. 18, 2012) (unpublished). In this one, while the matter was on appeal, the trial court vacated an attorney’s fees award. However, a mix up occurred and a subsequent...
Read more... [Judgment Enforcement Two-Fer: Improperly Issued Writ Of Execution Before Entry Of Fee Award Had To Be First Challenged In Trial Court Quash Proceeding First And Attorneys Fees Judgment Paid By One Group Of Defendants Extinguished Judgment For Offse]
 

In The News . . . . Average Billing Rates Are Going Up, Even Faster For Top-Billing Lawyers

News - Industry News
TyMetrix Legal Analytics-Corporate Executive Board Recent Study So Shows. As reported in an April 16, 2012 post by Leigh Jones on Thomson Reuters News & Insight, a recent study analyzing billing data from about 120,000 attorneys (at 4,000 law firms)...
Read more... [In The News . . . . Average Billing Rates Are Going Up, Even Faster For Top-Billing Lawyers]
 

Probate/Conservatorship: 40% Reduction In Conservatorship Requested Fees Was No Abuse Of Discretion

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Appellate Court Also Discusses Timing of Fee Petition As It Relates To Conservatorship Final Accountings Under Local S.F. Court Rule. Conservatorship of Xie, Case No. A133079 (1st Dist., Div. 3 Apr. 17, 2012) (unpublished) was a situation where the appellate...
Read more... [Probate/Conservatorship: 40% Reduction In Conservatorship Requested Fees Was No Abuse Of Discretion]
 

Homeowner Associations/Prevailing Party: HOA Winning Preliminary Injunction That Produced Repairs To Homeowners Deck Was The Prevailing Party Even After HOA Dismissed Complaint Without Prejudice After Repairs Made

News - Industry News
Homeowner Had to Pay Fees of About $35,000, But Appellate Court Had To Face An Olio Of Civil Code Section 1354 “Prevailing Party” And Stay/Preliminary Injunction Bond Issues. Okay, here we go with another homeowners association (HOA)-homeowners fight that, ta!...
Read more... [Homeowner Associations/Prevailing Party: HOA Winning Preliminary Injunction That Produced Repairs To Homeowners Deck Was The Prevailing Party Even After HOA Dismissed Complaint Without Prejudice After Repairs Made]
 

POOF!: Reversal of $42.2 Million Award Based On Guaranty Meant $760,797 Fees/Costs Award Went POOF!

News - Industry News
The Second District, Division 1, in GE CCMC 2005-C1 Plummer Street Office Limited Partnership v. NRFC NNN Holdings, LLC, Case No. B229879 (2d Dist., Div. 1 Mar. 29, 2012) (certified for publication), reversed a $42.2 million award in favor of...
Read more... [POOF!: Reversal of $42.2 Million Award Based On Guaranty Meant $760,797 Fees/Costs Award Went POOF!]
 

Arbitration/Prevailing Party/Section 1717: Prevailing Party On Sole Contract Claim Entitled To Fees

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“Each Side Bear Own Costs” Appellate Directive Did Not Bar Later Fee Request. Tenzera, Inc. v. Osterman, Case No. B228189 (2d Dist., Div. 3 Apr. 19, 2012) (partially published; fee discussion not published) presented a situation where, after remand from...
Read more... [Arbitration/Prevailing Party/Section 1717: Prevailing Party On Sole Contract Claim Entitled To Fees]
 

California mansion fire sale: The fall of a billion-dollar real-estate agent - Montreal Gazette

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International Business Times

California mansion fire sale: The fall of a billion-dollar real-estate agent
Montreal Gazette
LOS ANGELES – It has 17 bathrooms, a 17-car garage, marbled floors, gold leaf ceilings, a vineyard, horse stables, tennis courts and a lake – and occupies the largest parcel of residential real estate on Southern California's exclusive Newport Coast.
$87 Million California Mansion Up For Bankruptcy Auction [PHOTOS]International Business Times
Newport Coast Mansion Heads to AuctionPatch.com
LA mega mansion fire saleNinemsn
MSN India
all 10 news articles »
Read more... [California mansion fire sale: The fall of a billion-dollar real-estate agent - Montreal Gazette]
 

American Airlines parent loses $1.7 billion, to cut 1200 jobs - Los Angeles Times

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CBS News

American Airlines parent loses $1.7 billion, to cut 1200 jobs
Los Angeles Times
By Tiffany Hsu Bankruptcy is bringing income down at American Airlines Inc. parent AMR Corp., as restructuring costs pushed the company into a $1.7-billion loss for the first quarter. Without the $1.4-billion bankruptcy burden, AMR said its loss would ...
Texas Average Gas Price Drops 3 CentsKERA News
AMR Cuts 1200 More Jobs in $1.25 Billion Labor-Savings PlanBloomberg
AMR Cuts 1200 More Jobs in $1.25B Savings PlanBusinessWeek
33 KDAF-TV
all 601 news articles »
Read more... [American Airlines parent loses $1.7 billion, to cut 1200 jobs - Los Angeles Times]
 

Orlando Bankruptcy Lawyers Clark & Washington Find Inspiration in Gary Busey's ... - Business Review USA (press release)

News - Industry News

Orlando Bankruptcy Lawyers Clark & Washington Find Inspiration in Gary Busey's ...
Business Review USA (press release)
Even Academy Award nominated actor Gary Busey has recently had to file for personal bankruptcy. According to public record, Busey filed for chapter 7 bankruptcy in California in February, 2012. The actor, known for his feature movie performances and ...

and more »
Read more... [Orlando Bankruptcy Lawyers Clark & Washington Find Inspiration in Gary Busey's ... - Business Review USA (press release)]
 

Bankruptcy and Divorce - The Short Version - JD Supra (press release)

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Bankruptcy and Divorce - The Short Version
JD Supra (press release)
Will bankruptcy get rid of my spousal support debts? • Will bankruptcy get rid of my obligations for a property settlement? • Should I file bankruptcy before or after getting a divorce? www.ca-bklaw.com Bankruptcy and Divorce -The Short Version ...

Read more... [Bankruptcy and Divorce - The Short Version - JD Supra (press release)]
 

Dubrow Challenges Widely Held Assumptions About Muni Bankruptcies - Bond Buyer

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Dubrow Challenges Widely Held Assumptions About Muni Bankruptcies
Bond Buyer
California's mediation process is fairly weak, he said. Pennsylvania can assign a receiver. While Harrisburg's bankruptcy petition has been thrown out of court, the state has allowed its capital city to default on a GO bond, which should make bond ...

Read more... [Dubrow Challenges Widely Held Assumptions About Muni Bankruptcies - Bond Buyer]
 

Top 15 Lies About Bankruptcy. Lie #4: You Will Never Own Anything Again

News - Industry News
Lie 4: You Will Never Be Able to Own Anything Ever Again. Truth-o-Meter:  A surprising number of people believe that once you file for bankruptcy, no one will ever loan you money or give you a credit card, a car loan or a mortgage, and you will be permanently destitute, living on the street….but this [...]
Read more... [Top 15 Lies About Bankruptcy. Lie #4: You Will Never Own Anything Again]
 

Top 15 Lies About Bankruptcy. Lie #5: You Will Never Get Credit Again

News - Industry News
Lie #5: You Will Never Be Able to Get Credit Ever Again. (Variations: You Will Never Be Able to Get a Car Loan Ever Again. You Will Never Be Able to Get a Mortgage Ever Again. You Will Never Be Able to Get a Credit Card Ever Again. Banks Will Lock Their Doors When They [...]
Read more... [Top 15 Lies About Bankruptcy. Lie #5: You Will Never Get Credit Again]
 

More US cities set to enter default danger zone - CBS 21

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More US cities set to enter default danger zone
CBS 21
Badly hit by the burst of the property boom, California's Stockton, with 292000 people and east of San Francisco, has endorsed defaults on $2 million of debt payments and may file for municipal bankruptcy if it cannot reach deals with creditors.

and more »
Read more... [More US cities set to enter default danger zone - CBS 21]
 

Ex-Met Lenny Dykstra Convicted of Lewd Conduct, Assault - San Francisco Chronicle

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USA TODAY

Ex-Met Lenny Dykstra Convicted of Lewd Conduct, Assault
San Francisco Chronicle
Separately, Dykstra is awaiting trial on federal bankruptcy-fraud charges. Last year prosecutors accused him of looting his mansion in Thousand Oaks, California, and stealing or destroying more than $400000 worth of property from his bankrupt estate.
Dykstra jailed for lewd conductToronto Sun
Lenny Dykstra: Former MLB Star Pleads No Contest to Multiple ChargesBleacher Report

all 119 news articles »
Read more... [Ex-Met Lenny Dykstra Convicted of Lewd Conduct, Assault - San Francisco Chronicle]
 

American Airlines plans to cut 1200 airport baggage, cargo jobs - Los Angeles Times

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Moneycontrol.com

American Airlines plans to cut 1200 airport baggage, cargo jobs
Los Angeles Times
The airline's jobs at seven US airports, including LA/Ontario International, and two in Canada will be outsourced under a bankruptcy restructuring plan. American Airlines will cut 1200 airport baggage and cargo jobs and close an Arizona reservations ...
AMR Cuts 1200 More Jobs in $1.25 Billion Labor-Savings PlanBloomberg
AMR Cuts 1200 More Jobs in $1.25B Savings PlanBusinessWeek

all 214 news articles »
Read more... [American Airlines plans to cut 1200 airport baggage, cargo jobs - Los Angeles Times]
 

California clean-tech industry a VC darling - San Francisco Chronicle

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California clean-tech industry a VC darling
San Francisco Chronicle
This year's index pays particular attention to California's solar industry. The bankruptcy last fall of Fremont's Solyndra, which made tube-shaped solar modules, focused public attention on the industry's woes, as plunging panel prices drove some ...
Study touts California's clean-tech industrySacramento Bee
• 'We think there's something happening here that's pretty exciting in terms ...Central Valley Business Times

all 3 news articles »
Read more... [California clean-tech industry a VC darling - San Francisco Chronicle]
 

California's Salamon Group offers to buy Energy Conversion Devices - Crain's Detroit Business

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California's Salamon Group offers to buy Energy Conversion Devices
Crain's Detroit Business
based Salamon Group Inc. on Tuesday offered to buy bankrupt solar-panel manufacturer Energy Conversion Devices Inc. Salamon, which builds, manages and acquires renewable-energy projects, said it would issue up to 5 million shares in its company to buy ...

and more »
Read more... [California's Salamon Group offers to buy Energy Conversion Devices - Crain's Detroit Business]
 

Orlando Bankruptcy Lawyers Clark & Washington Find Inspiration in Gary Busey's ... - DigitalJournal.com (press release)

News - Industry News

Orlando Bankruptcy Lawyers Clark & Washington Find Inspiration in Gary Busey's ...
DigitalJournal.com (press release)
Even Academy Award nominated actor Gary Busey has recently had to file for personal bankruptcy. According to public record, Busey filed for chapter 7 bankruptcy in California in February, 2012. The actor, known for his feature movie performances and ...

and more »
Read more... [Orlando Bankruptcy Lawyers Clark & Washington Find Inspiration in Gary Busey's ... - DigitalJournal.com (press release)]
 

Filing Bankruptcy and Tax Refunds

News - Industry News
Tax refunds are soon due and so are people filing bankruptcy.  Expect to see a significant jump in bankruptcy filings as taxpayers get refunds from overpayment of their income taxes. According to a study by the National Bureau of Economic Research, as reported in a USA Today article on tax refunds and bankruptcy, more than [...]
Read more... [Filing Bankruptcy and Tax Refunds]
 

California's Salamon Group bids on Auburn Hills' Energy Conversion Devices - The Detroit News

News - Industry News

California's Salamon Group bids on Auburn Hills' Energy Conversion Devices
The Detroit News
By The Detroit News Salamon Group Inc. has offered to buy bankrupt solar-panel manufacturer Energy Conversion Devices Inc. for about $2.4 million, the Modesto, Calif.-based company said in a Tuesday statement. Salamon Group, a solar energy project ...

Read more... [California's Salamon Group bids on Auburn Hills' Energy Conversion Devices - The Detroit News]
 

California solar fund bids $2.5 million for bankrupt Uni-Solar parent Energy ... - MLive.com

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MLive.com

California solar fund bids $2.5 million for bankrupt Uni-Solar parent Energy ...
MLive.com
AUBURN HILLS, MI — A California solar energy fund has bid about $2.5 million to acquire United Solar Ovonic, a subsidiary of bankrupt parent Energy Conversion Devices, which has two idled solar panel plants in Greenville. Modesto, Calif.
Oakland energy firm gets just one bidThe Detroit News

all 13 news articles »
Read more... [California solar fund bids $2.5 million for bankrupt Uni-Solar parent Energy ... - MLive.com]
 

California City Hit With $2 Million 'Parking Ticket' - DailyFinance

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SEIU

California City Hit With $2 Million 'Parking Ticket'
DailyFinance
By Rich Smith, The Motley Fool Faced with the prospect of becoming the biggest municipal bankruptcy in US history, in February, the city of Stockton, Calif., decided on a novel gambit. To avoid going "bankrupt," they'd simply stop paying some of their ...
Wells Fargo Will Climb Higher In 2013, Despite HeadwindsSeeking Alpha

all 102 news articles »
Read more... [California City Hit With $2 Million 'Parking Ticket' - DailyFinance]
 

California mansion fire sale: the fall of a billion-dollar realtor - Reuters

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Daily Mail

California mansion fire sale: the fall of a billion-dollar realtor
Reuters
By Tim Reid | LOS ANGELES (Reuters) - It has 17 bathrooms, a 17-car garage, marbled floors, gold leaf ceilings, a vineyard, horse stables, tennis courts and a lake - and occupies the largest parcel of residential real estate on southern California's ...
Bankrupt real estate agent auctions villaSydney Morning Herald
LA mega mansion fire saleNinemsn

all 15 news articles »
Read more... [California mansion fire sale: the fall of a billion-dollar realtor - Reuters]
 

CM Meiers Legal Battle Continues With New Allegations - Insurance Journal

News - Industry News

CM Meiers Legal Battle Continues With New Allegations
Insurance Journal
That squabble will be taken to a courtroom on Friday, when a United States Bankruptcy Court Judge in the Central District of California San Fernando Valley Division rules on a temporary restraining order sought by the new owners of CM Meiers.

Read more... [CM Meiers Legal Battle Continues With New Allegations - Insurance Journal]
 

WALTERS: Stockton not only one on verge of B-word - Santa Rosa Press Democrat

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Modesto Bee

WALTERS: Stockton not only one on verge of B-word
Santa Rosa Press Democrat
Federal law does not allow states to seek bankruptcy protection, nor should it, but California is functionally insolvent nonetheless, and has amassed what Gov. Jerry Brown calls “ a wall of debt ” to cover its income/outgo gaps.
Stockton Not Only California Government in Financial DistressPublicCEO.com

all 6 news articles »
Read more... [WALTERS: Stockton not only one on verge of B-word - Santa Rosa Press Democrat]
 
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