Frederick's Of Hollywood Wins Ch. 11 Exclusivity Extension – Law360 (subscription)

Frederick's Of Hollywood Wins Ch. 11 Exclusivity ExtensionLaw360 (subscription)Law360, New York (September 3, 2015, 7:32 PM ET) — A Delaware bankruptcy judge on Wednesday granted lingerie retailer Frederick's of Hollywood Inc. Exclusive control over its Chapter 11 case until February, giving the estate time to reach a settlement …and more »

Alternative to Bankruptcy: Assignments for Benefit of Creditors – New York Law Journal (registration)

Alternative to Bankruptcy: Assignments for Benefit of CreditorsNew York Law Journal (registration)The law of the state where the assignment takes place will dictate whether the matter will be court-supervised, such as New York, or not, as in California where the assignment is not filed at all. The ABC is provided to scheduled creditors regardless …

Puerto Rican voters prized by Democrats, Republicans – ABC NEWS 4

ABC NEWS 4Puerto Rican voters prized by Democrats, RepublicansABC NEWS 4He said he would not support allowing the U.S. Territory to use bankruptcy laws to deal with its staggering $72 billion debt. "The reality is that Puerto Rico's leaders must lead and do the difficult but essential work of cutting spending, reining in …and more »

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