Vacating a temporary stay that was ordered, the U.S. Supreme Court has cleared the way for the sale of Chrysler’s prime assets to Italian automaker Fiat. The sale had been … Continue reading “U.S. Supreme Court Okays Chyrsler Sale”
Category: Bankruptcy
Major Cookie Chain Set to File Bankruptcy
Mrs. Fields says it will file for Chapter 11 bankrputcy protection. The company has more than 1,200 franchises across the country and is best known for its cookies. The chain … Continue reading “Major Cookie Chain Set to File Bankruptcy”
Recovery of Attorneys’ Fees Allowed in Federal Bankruptcy Case
The U.S. Supreme Court ruled on Tuesday that a party can recover attorneys’ fees in a federal bankruptcy case as federal bankruptcy law does not prohibit contract-based claims for attorneys’ fees solely … Continue reading “Recovery of Attorneys’ Fees Allowed in Federal Bankruptcy Case”