Newsroom Headlines
June 22, 2007 Investors’ Suits Face Higher Bar, Justices Rule The Supreme Court dealt a blow yesterday to investors who want to sue companies and executives because of suspected fraud, setting a
June 21, 2007 Calpine Files Reorganization Plan Big power generator Calpine Corp. said it believes it will have sufficient resources to pay all secured creditors and all or most unsecured claims
June 20, 2007 Bankruptcy Clerks Fear Staff Cuts Bankruptcy court clerks around the United States fear that the federal judiciary will cut their staffs in response to the drop in bankruptcy filings
June 19, 2007 Supreme Court Backs Banks in Antitrust Suit on IPOs The U.S. Supreme Court yesterday blocked an antitrust lawsuit against leading investment banks, a blow to investors who questioned
June 18, 2007 Moody’s Slashes Ratings on Bonds Backed by Subprime Loans Credit-rating firm Moody's Investors Service slashed ratings on Friday on 131 bonds backed by pools of subprime loans because
June 15, 2007 Experts Warn Supreme Court Ruling on Superfund Clean Up Could Impinge on Bankruptcy Code Though the Supreme Court made no mention of bankruptcy law when it allowed private parties to
June 14, 2007 House Committee Chair Warns Fed on Supbrime Mortgages House Financial Services Committee Chair Barney Frank (D-Mass.) at a hearing yesterday threatened to strip the Federal Reserve of
June 13, 2007 House Committee Hearing Focusing on Consumer Protection in Financial Services The House Financial Services Committee will hold a hearing today to focus on the adequacy of current
June 12, 2007 Supreme Court Backs Paper Company in ERISA Dispute The Supreme Court unanimously ruled in favor of Crown Vantage, a bankrupt paper mill company, finding that it is under no obligation
June 11, 2007 Autos Tower Auto Chapter 11 Plan Vote Approved Tower Automotive Inc. won approval from the bankruptcy court to send its chapter 11 reorganization plan, which is built around the