Posts Tagged “Bankruptcy”
by The Compliance Exchange on April 18, 2013
Former MF Global (MFGLQ) Inc. broker Evan Brent Dooley was sentenced to five years in prison for making unlawful unauthorized trades that caused the now-defunct futures firm to lose more than $141 million in 2008.
by The Compliance Exchange on July 12, 2012
Ocala Funding LLC, the mortgage-securities unit of defunct lender Taylor, Bean & Whitaker Mortgage Corp ., filed for Chapter 11 protection Tuesday in a bid to recover more than $800 million it said Taylor Bean’s now-imprisoned leaders looted from its coffers
by The Compliance Exchange on July 6, 2012
The law firm of Weil, Gotshal & Manges LLP stands to earn more than $430 million for leading Lehman Brothers Holdings Inc. through the biggest Chapter 11 bankruptcy case ever.
Investment Advisers Trip Up On Social Media, Global Regulators Plan Margin Rules For Uncleared Derivatives, Dewey Hopes For A Speedy Bankruptcy: CompliancEX News 5/30/2012
by The Compliance Exchange on May 30, 2012
Today’s top compliance stories include: Christine Lagarde’s tax-free salary, Facebook IPO and legal arguments, Overseas derivatives rules may bolster defenses against JPMorgan-type losses.
by The Compliance Exchange on May 16, 2012
The lingering mortgage crisis has finally reached the bankruptcy courts in a substantial way with the filing of Residential Capital’s Chapter 11 case on Monday.
by The Compliance Exchange on April 30, 2012
Jail Sentence For Laundering Boiler Room Funds, Pinnacle Partners, Sinopec Unit Sues BNP, Lots of Bribes, but Little Jail Time, B-D Declares Bankruptcy, Banks Need More Transparency
by The Compliance Exchange on April 25, 2012
Judge Denies AIG Motion in BofA Settlement, SEC Probes Into Movie Studios China Dealings, REIT’s Spring an Unnerving Surprise, FINRA Increases Brokerage Fees
by The Compliance Exchange on April 23, 2012
Over the last several decades, Martin J. Bienenstock has established himself as one of America’s most prominent bankruptcy lawyers, advising General Motors and Enron. Now, he faces perhaps the most challenging assignment of his career: the restructuring of his own law firm.
by The Compliance Exchange on April 20, 2012
Dewey & LeBoeuf is contemplating a prearranged bankruptcy filing, in which the ailing law firm would reach an agreement with its creditors over a reorganization plan while simultaneously combining with another firm, according to a person with direct knowledge of the plan who requested anonymity because he was not authorized to discuss it
by The Compliance Exchange on April 18, 2012
A former director of the Federal Bureau of Investigation who has come under fire as the bankruptcy trustee for MF Global will appear next week before a Congressional panel examining the collapse of the brokerage firm.