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The Cushman Watt Scout Center, headquarters of the Boy Scouts of America for the Los Angeles Area Council, is pictured in Los Angeles, California October 18, 2012. The Boy Scouts of America, acting by court order, released thousands of files which detail allegations and admissions of child sexual abuse within the organization between 1965 and …

Related practices and jurisdictions The last half of 2021 has been practically a ghost town for filing retail bankruptcies. However, the rise of the Omicron variant has significantly delayed a full return to normal for malls. The good news is that the vaccines are working, people are cautiously getting back to work, and the economy …

By Leslie A. Pappas (February 7, 2022, 5:05 PM EST) – The Office of the U.S. Trustee has accused cannabis investment firm Kettner Investments LLC of attempting to use its Delaware Chapter 11 reorganization to obtain sweeping liability waivers for many third parties who violate the Bankruptcy Code, including releasing the company from future claims …

Attorney’s penalty unpaid for discipline charges A lawyer’s penalty that is not paid for disciplinary actions is not exempt from bankruptcy since it’s a ‘penalty’ that is paid to the state the Seventh Circuit said Monday, declaring that it is required to pay a sum of about $12, 000 before the attorney can be reinstated …

Arnold Kubei’s first big gamble as an entrepreneur was, he admits, a calamity. After starting his own janitorial business, amassing $30,000 in savings, and maxing out his credit cards, Kubei had struck a deal to buy a gas station and convenience store in the eastern subway suburb of Maplewood. It was a huge opportunity for …

Bankruptcy filings for North American exploration and production (E&P) companies have fallen significantly in 2021 compared to 2020, so much so that Haynes and Boone LLP is calling for an end to the bankruptcy cycle that began during the downturn of the 2015 oil market. The law firm has been tracking those filings ever since, …

The names of companies and law firms listed above are auto-generated based on the text of the article. We are improving this feature as we continue to test and develop in beta. We appreciate feedback, which you can provide using the feedback tab on the right side of the page. (Reuters) – When Proskauer Rose’s …

Laura Herberg The retirees say a one-time check for $1,400 could help offset losses they suffered following Detroit’s bankruptcy negotiations. A segment of Detroit retirees circulates a change.org petition asking the City of Detroit to give them a one-time check for $1,400. “Retirees are struggling to meet their basic needs during the pandemic. Detroit’s elected …

Johnson & Johnson has asked US officials to intervene after an activist investor tried to halt sales of the company’s talc-based baby powder overseas. Separately, the New Jersey-based drugmaker clashed with Reuters over a story about the “Texas two-step” strategy it employed to pawn talc liabilities on a new company at the end of last …

Not so long ago, in malls and malls across the region, shoppers could count on Dress Barns, Lane Bryants, Ann Taylors, Justices and other clothing stores operated by Ascena Retail Group. Five years ago, the retailer operated nearly 5,000 brick-and-mortar locations catering to women, teens and tweens. By 2020, that number had been halved and …

Bulgarian operator Bulsatcom has denied recent reports in local and international media that the company is threatened with bankruptcy. In an official statement provided to Broadband TV News, he said: “With its 35% market share, Bulsatcom is the undisputed leader in the pay-TV market in Bulgaria, as well as the country’s third-largest broadband service provider. …

WHEN NEGOTIATIONS ON REALIZATION OF BANKRUPTCY PROPERTIES END IN COURT. Many readers will be familiar with the term “without prejudice” in written and verbal communications. For those who have been lucky enough not to encounter this term, communication without prejudice is generally used in settlement negotiations. When a communication is expressed without prejudice, these communications …

NOVOSIBIRSK, February 7. /then 24/. The Novosibirsk Arbitration Court on Monday introduced a supervisory procedure regarding the regional operator for the treatment of MSW – Ecology-Novosibirsk LLC, which filed a lawsuit for self-bankruptcy due to a debt of 1.8 billion of rubles, following the case arbitration record. At the beginning of December, the management of …

To print this article, all you need to do is be registered or log in to Mondaq.com. By James S. Carr and Eloy A. Peral1 Like its neighbor to the south, Canada has faced an influx of retail insolvencies amid the COVID-19 pandemic. For example, in 2020, Canadian-based clothing retailers such as Groupe Aldo and …

Russian regional carrier Komiaviatrans is aiming for expansion after an infusion of local government aid helped it avoid bankruptcy. The Komi Republic Ministry of Economic Development says the airline had incurred debts of 4.2 billion rand ($55 million) by October last year. Government officials approved a R1.8 billion financial aid package which was credited to …

“ The Commercial Bankruptcy Claims Market study examined the key influences for market growth. Driving factors which favorably influence the demand for Commercial Bankruptcy Claims, restraining factors which limit the market expansion and their impact on the global Commercial Bankruptcy Claims market are explored in detail. In the report research, trends shaping the market and …

Australia: One-year bankruptcy is back on the table February 06, 2022 Worrells Solvency and Forensic Accountants To print this article, all you need to do is be registered or log in to Mondaq.com. …but it’s not easy for everyone. You may recall that in October 2017 the government introduced the Bankruptcy (Business Incentives) Amendment Bill …

An official notice from the United States Judicial Conference just released announcing that certain dollar amounts in the Bankruptcy Code will be increased 10.973% more than usual this time for new cases filed on or after April 1, 2022. Follow this link to the Federal Register page with a table listing all updated dollar amounts. …