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Brief Update: Lenders Prevail in Philadelphia Newspapers Auction

After much litigation and legal maneuvering, the Senior Secured Lenders prevailed at the auction for Philadelphia Newspapers.  The Lender’s winning bid is for approximately $139 million, and the parties expect to close on the sale by late June.&

6 min read

Brief Update: Lenders Prevail in Philadelphia Newspapers Auction

After much litigation and legal maneuvering, the Senior Secured Lenders prevailed at the auction for Philadelphia Newspapers.  The Lender’s winning bid is for approximately $139 million, and the parties expect to close on the sale by late June.&

6 min read

US Government v. Goldman Sachs — Testifying is No Fun!

While this Blog generally focuses on bankruptcy-related issues, I thought it would be interesting to provide some of the key information about the Government’s fraud investigation into Goldman Sachs; after all, the subprime debacle caused the mo

6 min read

US Government v. Goldman Sachs — Testifying is No Fun!

While this Blog generally focuses on bankruptcy-related issues, I thought it would be interesting to provide some of the key information about the Government’s fraud investigation into Goldman Sachs; after all, the subprime debacle caused the mo

6 min read

US Government v. Goldman Sachs — Testifying is No Fun!

While this Blog generally focuses on bankruptcy-related issues, I thought it would be interesting to provide some of the key information about the Government’s fraud investigation into Goldman Sachs; after all, the subprime debacle caused the

6 min read

Unfair football creditors rule?

Portsmouth FC's administrators' proposals to creditors make fascinating reading.

6 min read