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

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

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