Litigation

Recent Posts

Federal Government, State AGs Reach $25 Billion Agreement With Banks Over Foreclosures
Posted on 9 Feb 2012 by Shane Dilworth

WASHINGTON, D.C. - (Mealey's) The U.S. Department of Justice (DOJ) announced Feb. 9 that the federal government, attorneys general from 49 states and five national banks have reached a $25 billion settlement to resolve issues stemming from the lenders'... Read More

Tags: Office of the Inspector General , Citigroup , mortgage lending , Eric T. Holder , lenders , state attorneys general , U.S. Department of Justice , HUD , banks , Wells Fargo , Litigation , foreclosure , JPMorgan Chase Bank , Settlement , GMAC , Secretary Shaun Donovan , DOJ , Bank of America , Housing and Urban Development , Ally Financial

Tribune Co. Creditors Sue Banks Behind 2007 Buyout
Posted on 31 Oct 2010 by LexisNexis Litigation Resource Community Staff

NEW YORK - (AP) A group of Tribune Co. creditors filed a lawsuit Friday alleging the media company's nearly two-year stint in bankruptcy protection might have been averted if not for the greed of big banks who saddled the business with more debt than... Read More

Tags: Los Angeles Times , Chicago Tribune , Bankruptcy , Citigroup , radio and TV stations , Merrill Lynch Capital Corp. , Citicorp , lenders , banks , Litigation , lawsuit , Bank of America , JP Morgan , Tribune Co.

Judge Orders Mediation For Texas Rangers, Lenders
Posted on 25 Jun 2010 by LexisNexis Litigation Resource Community Staff

FORT WORTH, Texas - (AP) A federal bankruptcy judge ordered the Texas Rangers and their angry creditors into mediation Thursday, pushing any resolution of the long-delayed sale dangerously close to a deadline that could be crucial to the team's playoff... Read More

Tags: Texas Rangers , litigation news , mediation , lenders , creditors