Searching Content indexed under Accounting and Audit by Robert Richards ordered by Published Date Descending.
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Tips On How To Protect Yourself In The Event Your Oil And Gas Operator Goes Bankrupt
Advances in production technology have led to an unprecedented supply of natural gas in the United States, putting downward pressure on market prices.
United States
15 May 2012
US Bankruptcy Automatic Stay Thwarts UK Proceedings By The Pension Regulator
On December 29, 2011, the US Court of Appeals for the Third Circuit issued an opinion in the chapter 11 bankruptcy case In re Nortel Networks, Inc., holding that the "automatic stay" on creditor collection actions outside the bankruptcy applied to prevent the UK Pension Protection Fund and the Trustee of the UK Nortel Pension Plan from participating in UK pensions proceedings initiated by the UK Pensions Regulator.
United States
26 Jan 2012
Significant Decision On Municipal Bankruptcy And Special Revenue Warrants
On January 6, 2012, Judge Thomas Bennett of the United States Bankruptcy Court for the Northern District of Alabama (the "Court") issued a 57-page opinion in the chapter 9 bankruptcy case of Jefferson County, Alabama (the "County") on several critical jurisdictionally related issues raised by the state court appointed receiver of the County's sewer system, the indenture trustee for the special revenue warrants for the sewer system (the "Indenture Trustee") and certain other joining creditors.
United States
18 Jan 2012
TOUSA Fraudulent Transfer Award Against Lenders Reversed
In a thorough appellate decision, a United States District Court in Florida has reversed the portion of a Bankruptcy Court’s determination that the repayment of over $400 million in loans was a fraudulent transfer.
United States
17 Feb 2011
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