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...Jones resigned last month as the chief judge of the US bankruptcy court for the Southern District of Texas after he admitted to concealing a relationship with Liz Freeman, a Houston bankruptcy lawyer and...
...The Fifth Circuit Court of Appeals which oversees the bankruptcy court in South Texas, released its complaint against Jones on Friday....
...Aldi, Système U did not reply to requests to comment....
...Under 28 U.S.C. section 1408, a company can file bankruptcy in any district where it has its domicile, principal place of business, or principal assets for 180 days prior to bankruptcy....
...Jones later confirmed his personal relationship to The Wall Street Journal but said that because Freeman, who had been a law clerk for Jones, never personally appeared in his court that he did not need to...
...Property records showed the couple co-owned a home and Jones quickly admitted to living with Freeman, who had previously been a clerk for him at the court and a colleague in private practice....
...The new court is mandated to have expert, experienced judges who will have clerks and render written opinions....
...The relationship of Jones and Freeman — a previous law clerk to Jones as well — has unleashed a firestorm in the US bankruptcy and distressed debt worlds....
...A stenographer, a few clerks and a court officer take it all in, the latter occasionally issuing commands. There is a great deal of urgency and motion, but there is a logic too....
...August 14, 2023: Prime Trust, LLC and certain of its affiliates filed voluntary petitions for relief under Chapter 11 of the Bankruptcy Code in the United States Bankruptcy Court for the District of Delaware...
...Analysts said the involvement of one of Pakistan’s most important allies would help shield the project from future political U-turns....
...In a sign of a tightening credit squeeze in the US, more large companies are sheltering in bankruptcy court as interest rates rise....
...Commended Baker McKenzieO: 8; L: 7; I: 7; Total: 22Led by partner Kammalard U-rapeepatanapong, the firm’s Thailand office has done pioneering work on digital assets in the region....
...His brazen, multi-year scheme finally came to an end when FTX, Alameda, and their tangled web of affiliated entities filed for bankruptcy on November 11, 2022. Read the full charges here....
...Many regard their clerks as a kind of extended family, and Sentelle was no exception. Vermeule “had among the best memories for cases of any clerk I have ever had”, Sentelle says....
...Following its bankruptcy court filing, the company will continue trading while it works out a creditor repayment plan....
...There he met his wife Usha, a civil litigation lawyer and former clerk to John Roberts, the conservative Supreme Court chief justice. They have two boys....
...protection as crypto crisis deepens (FT) Microsoft’s Activision deal, Amazon’s use of data face U.K. regulatory probes (WSJ) Facebook asks US. court for old FTC merger documents in antitrust fight (Reuters...
...B Boris Becker It doesn’t matter how many titles you win as a teenager, you might still end up in the wrong kind of court, especially if you conceal £2.5mn during bankruptcy proceedings....
...A UK court even released about £1.1m of court-held funds to help the tycoon meet his living expenses in the UK....
...Gautam Adani and the bankruptcy bidding war India’s bankruptcy code was hailed as a model reform when it was introduced in 2016, an ambitious attempt to tackle the country’s mountain of bad loans and entice...
...It marked a sharp U-turn from a partner that had previously given H2O its unequivocal backing....
...When WeWork was saved from bankruptcy last year, its oldest backers thought they had secured a route to profitably cash out of the troubled office-sharing group: selling their shares to SoftBank....
...Hertz, meanwhile, is looking to sell up to $1bn in stock while in bankruptcy and Instacart, the grocery delivery app, nearly doubled its valuation in a new funding round....
...Given our view of a lower rate of u/l FCF, we think the release of LT deposits has been required to replenish lower 1H inventories in 2H and service ST debt....
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