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Apr 27

Anonymous

Wells Fargo & Co., Bank of America Corp. and a group of other lenders on Thursday asked the Eighth Circuit to uphold a lower court's decision to dismiss a hedge fund's suit against JPMorgan Chase & Co. alleging the bank aided business read more

Apr 27

Anonymous

A Manhattan federal judge said Friday that hedge funds that invested in a SunEdison affiliate can opt out of a proposed $57 million class action settlement over the renewable energy giant's collapse, a decision that could threaten the settlement read more

Apr 27

Anonymous

When a bankruptcy judge hit Bank of America with a $46 million award last year — and then sidestepped U.S. Supreme Court precedent limiting punitive damages by sending most of that money to third parties — he may have set an example that read more

Apr 27

Anonymous

The bankruptcy trust of Old GM has reached a settlement over legacy ignition switch lawsuits that could cost the reorganized New GM $1 billion if it’s approved by the New York bankruptcy court overseeing the case. read more

Apr 27

Anonymous

Saying that bankrupt solar panel maker Suniva Inc. has no plan or prospect for restructuring, a second major creditor is eyeing a collateral sale, seeking approval late Thursday to sell $8 million worth of Suniva equipment and intellectual property l read more

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