Information on San Antonio Bankruptcy, San Antonio Injury, & San Antonio Real Estate Law
Los Angeles Dodgers was ordered by a bankruptcy judge to consider the Major League Baseball’s loan proposal. The loan proposal which Dodgers owner Frank McCourt wants to choose was rejected by Delaware Bankruptcy Judge Kevin Gross. According to the judge, McCourt’s choice of loan will only serve his personal interest. In addition, the financing arrangement [...]
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Republicans and Democrats in the U.S. House of Representatives revealed rivaling plans on Monday to cut down enormous amounts of federal budget in order to raise the debt limit and avoid a default on August 2. The Republican’s proposal was revealed by House of Representatives Speaker John Boehner. Their plan is to increase the debt [...]
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McCourt argued that borrowing money from Major League Baseball is the same as making a ‘deal with the devil’, according to court papers filed on Monday. A hearing is scheduled on Wednesday where the lawyers of the Los Angeles Dodgers are expected to assert that the team should be permitted to take a loan from [...]
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Starting today, consumers who are declined of a car or credit card loan are going to get free copies of their credit scores. The Dodd-Frank financial reform bill that had been passed a year ago stretches the rules of disclosing credit scores and puts the duty on financial institutions to show the figures to the [...]
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Borders Group’s sale plan on its assets to a group of liquidators was approved by a U.S. bankruptcy judge on Thursday. Gordon Brothers Group and Hilco Merchant Resources were appointed by the Borders as liquidators in the sale plan. The plan was approved by Southern of New York Bankruptcy Judge Martin Glenn. The sale is [...]
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Borders Group Inc has gone nearer to closing the business as a bankruptcy court judge granted a liquidation proposal of the bookstore when the plan to sell the business to a private equity firm failed. The liquidation plan would sell the business to liquidators headed by Hilco Merchant Resources. If there are no other bidders [...]
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The United States Federal Reserve said on Tuesday that a delay, even just a short one, in paying the debt obligations of the Treasury Department would possibly result in serious market disruptions. The delay of payments would have a long-term impact on the costs that the U.S. will incur when it borrows money, according to [...]
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Major League Baseball has denied Los Angeles Dodgers’ accusations that it caused the baseball team’s bankruptcy and said that it is the owner of the team who attempted to get $20 million of the team’s funds before the filing of Chapter 11 protection. The league accused Frank McCourt, the Dodgers’ team owner, of filing bankruptcy [...]
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TerreStar Networks Inc has to deal with a couple of objections to it sale plan to Dish Network Corp, the second- biggest satellite TV provider in the United States. Space Systems/Loral Inc, maker of the TerreStar satellite that is orbiting the world right now, filed court papers on Tuesday stating Dish has arranged to pay [...]
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