Archdiocese asks Supreme Court to review appeals court decision on $55M … – fox6now.com

Archdiocese asks Supreme Court to review appeals court decision on $55M …fox6now.comMILWAUKEE — In March, an appeals court ruled a $55 million cemetery trust fund is fair game in the Archdiocese of Milwaukee's bankruptcy case, and now, the Archdiocese of Milwaukee's “Cemetery Perpetual Care Trust” has filed a petition with the U.S. …and more »

House GOP opposes bankruptcy protections for Puerto Rico – NewsWest9.com

House GOP opposes bankruptcy protections for Puerto RicoNewsWest9.comWASHINGTON (AP) – Leading House Republicans declared their opposition Wednesday to allowing debt-ridden Puerto Rico access to Chapter 9 bankruptcy protections, raising new uncertainty about how the island can emerge from its financial crisis.and more »

Seventh Circuit Revives Katten's $3.6B Ponzi Headache – The American Lawyer

The American LawyerSeventh Circuit Revives Katten's $3.6B Ponzi HeadacheThe American LawyerOn Tuesday, the U.S. Court of Appeals for the Seventh Circuit revived malpractice claims against Katten brought by Jenner & Block's Ronald Peterson, the bankruptcy trustee for Lancelot Investors Fund Ltd. The fund, run by Gregory Bell, had invested …

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