by admin | Apr 30, 2009 | National Legal News
A Wall Street Journal story by Elizabeth Williamson said that President Barack Obama’s plan to give bankruptcy judges the power to modify mortgages is headed for a defeat in the U.S. Senate. The measure, once an amendment offered by Senator Dick Durbin of...
by admin | Apr 29, 2009 | National Legal News
What is left of the defunct accounty firm Arthur Andersen L.L.P. has agreed to pay Enron Corp. creditors $16 million to settle a claim that the firm was negligent in its advising and auditing of the energy firm, whose bankruptcy was once described as the largest...
by admin | Apr 23, 2009 | Texas Legal News
A free workshop on foreclosure prevention will be held in Arlington Saturday. It will begin at 9 a.m. at the Junior League of Arlington’s Center for Community Service off Pioneer Parkway and Park Springs Boulevard. There will be a presentation on foreclosure...
by admin | Apr 17, 2009 | Texas Legal News
Foreclosure filings rose to a record high in the Dallas/Fort Worth Metroplex as moratoriums imposed by lenders are ending. A report in the Dallas Morning News states that over 5,500 homes face sale on courthouse steps across the area in May. Experts tie the spike in...
by admin | Apr 16, 2009 | Bankruptcy Articles
General Growth Properties, owner of The Parks Mall in Arlington and Hulen Mall in Fort Worth, filed for Chapter 11 bankruptcy protection this morning. The Chicago-based company, which is the second largest mall operator in the United States behind only Simon...