Litigation

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WaMu Bank Bondholders Settle For $335 Million
Posted on 7 Oct 2010 by LexisNexis Litigation Resource Community Staff

SEATTLE - (AP) A group of Washington Mutual creditors have signed on to a settlement that pushes the bank's reorganization plan a step closer to approval. Washington Mutual Bank bondholders agreed to a $335 million settlement, according to an amended... Read More

Judge Denies Quigley Company's Plan Of Reorganization
Posted on 9 Sep 2010 by Cheryl Keely

NEW YORK - (Mealey's) Finding that Pfizer Inc. manipulated creditor votes in seeking support for a plan of reorganization for its wholly owned subsidiary Quigley Co. Inc., a New York bankruptcy judge on Sept. 8 denied Quigley's plan of reorganization... Read More

Bankruptcy Judge Recommends Approval Of W.R. Grace's Reorganization Plan
Posted on 1 Feb 2011 by Emerson Heffner

WILMINGTON, Del. - (Mealey's) A federal bankruptcy judge in Delaware on Jan. 31 resolved the last objections to W.R. Grace & Co.'s Chapter 11 joint plan of reorganization and recommended that the district court approve the plan ( In re: W... Read More

3rd Circuit Upholds Conversion Of Skinner Bankruptcy To Chapter 7
Posted on 26 Jul 2012 by Emerson Heffner

PHILADELPHIA - (Mealey's) A bankruptcy court has the authority to determine at the disclosure statement stage that a Chapter 11 reorganization plan is unconfirmable without first holding a confirmation hearing if it is obvious that the plan is patently... Read More

Bankruptcy Judge Approves Leslie Controls' Plan Of Reorganization
Posted on 28 Oct 2010 by Cheryl Keely

WILMINGTON, Del. - (Mealey's) The Delaware bankruptcy judge overseeing Leslie Control Inc.'s Chapter 11 case confirmed Leslie's plan of reorganization on Oct. 28 ( In Re: Leslie Controls Inc. , No. 10-12199-CSS, Del. Bkcy.). U.S. Bankruptcy... Read More

3rd Circuit Rejects Garlock’s Appeal Of Grace’s Plan For Lack Of Injury, Standing
Posted on 25 Jul 2013 by Emerson Heffner

PHILADELPHIA — (Mealey’s) Chapter 11 debtor Garlock Sealing Technologies Inc. does not have standing to object to fellow debtor W.R. Grace & Co.’s confirmed plan of reorganization because Garlock cannot show that it will be harmed... Read More

Supreme Court Will Not Hear Equitable Mootness Doctrine Appeal By Debenture Trust
Posted on 29 Apr 2013 by Gregg Lawson

WASHINGTON, D.C. - (Mealey's) The U.S. Supreme Court on April 29 denied a petition for certiorari in which a debenture trust company argued that the Second Circuit U.S. Court of Appeals inappropriately applied the doctrine of equitable mootness in... Read More