Newsroom Headlines

  December 18, 2009 Autos Chrysler May Challenge Dealer Legislation Chrysler CEO Sergio Marchionne said that the company might challenge as unconstitutional legislative efforts aimed at restoring some

  December 17, 2009 Airline Unions Ask House Panel for Changes in Bankruptcy Law A group of unions representing airline workers is seeking changes to U.S. bankruptcy laws that would make it harder for

  December 16, 2009 Analysis: Prosecution Drop May Embolden Bankruptcy Fraud as Filings Surge U.S. authorities prosecuted the fewest number of people and companies for criminal bankruptcy fraud this

  December 15, 2009 Supreme Court Supreme Court Dismisses Pension Funds’ Challenge to Chrysler Sale The U.S. Supreme Court yesterday ordered the dismissal of an appeal by a group of Indiana pension

  December 14, 2009 Mortgage Cramdown Amendment Defeated In a stunning reversal, the House on Friday rejected an amendment to the massive financial services overhaul bill to allow bankruptcy judges to

  December 11, 2009 House Rolls Back Proposed Restrictions on Derivatives Trades A bipartisan coalition in the House voted late yesterday to make it easier for corporations to engage in complex

  December 10, 2009 SEC Proposal May Help Some of Madoff’s Early Investors Press Their Claims The Securities and Exchange Commission proposed at a congressional hearing yesterday that the cash claims

  December 9, 2009 CIT Group Wins Approval of Reorganization Plan CIT Group Inc., the 101-year-old commercial lender, won court approval of a plan to cancel old shares, shed debt and exit bankruptcy

  December 8, 2009 Mortgages Mortgage Lienstripping Proposal Returns as Part of Financial Regulatory Bill House Judiciary Chairman John Conyers (D-Mich.) has submitted an amendment to the financial

  December 7, 2009 House Taking Up Derivatives Amendments The House will vote next week on two amendments that were left unsettled between House Financial Services Chairman Barney Frank (D-Mass.) and