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The Latest on Colonial Bancorp

The Colonial Bancorp chapter 11 case has been closely watched because it involves a number of key issues at the intersection of the banking laws and the bankruptcy laws.  This post discusses the latest developments in this contentious case, w

Foolishness And Fraud Not Interchangeable In Bankruptcy

Bankruptcy Is About Tough Decisions.

Assignments of Trademarks in Bankruptcy - Judge Posner and 7th Circuit Provide Answer

The Seventh Circuit Court of Appeals has issued the first published Circuit Court opinion on the question of whether trademarks are assignable in a Bankruptcy case.  The opinion, authored by Judge Posner, is in the case of In re XMH C

The Daily Docket: Saab Files for Bankruptcy Protection in Sweden

Saab Automobile AB Wednesday filed for protection from its creditors in Sweden, in a move that buys time for the car maker to secure additional short-term funding to restart production,

SEC Declines to Seek Rehearing on Proxy Access but Allows Related Rule 14a-8 Amendment to Become Effective

The SEC issued a press release today confirming that it is not seeking rehearing of the court decision to vacate the proxy access rule it had adopted, Rule 14a-11.