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Indenture Trustee Liable for Erosion of Value of Collateral
Like many capital-intensive businesses, airlines finance their operations by issuing debt secured by their assets, which debts chiefly consist of aircraft and aircraft parts. When an airline encounters financial turbulence, the value of its creditors' collateral is at risk.Legal Aid Faces Midyear 10 Percent State Funding Cut
After Gov. Tom Corbett ordered a freeze of nearly $160 million in state spending earlier this month and requested a freeze of almost $66 million from independent governmental entities, civil legal services for Pennsylvanians too poor to afford their own lawyers are facing a 10 percent cut, or $274,000, in state funding.Ballard Spahr Helps Close $400 Mil. NYC Housing Deal
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GPS Pushes the Line on Public Versus Private
Antoine Jones was the target of a cocaine trafficking investigation when federal agents stuck an electronic tracking device on his Jeep Cherokee, secretly following the vehicle's every move for 24 hours a day.At Hearing, Kagan Provided Window Into Views
Conventional wisdom holds that Elena Kagan revealed little but a knack for empty platitudes during her U.S. Supreme Court confirmation hearing.Minority Shareholder Settles Bucks County Case for $12 Million
A minority shareholder whose stake in a Bucks County chemical company was nearly cut in half over several years has settled with the majority owners for more than $12 million in stock value and $1.4 million in attorney fees.Contractor Allowed to Sue Under Quasi-Contract Theory
Even if you do not deal with contractors in your practice, depending upon how handy and busy you are, many of us who own homes engage contractors to perform projects around the house ranging from menial tasks to complete home renovations.Wrestler's widow suing WWE, Conn. Senate candidate
HARTFORD, Conn. (AP) - The widow of a World Wrestling Entertainment performer who died in a televised 1999 stunt filed a federal lawsuit Tuesday against the Connecticut-based company and its leaders, including Republican U.S. Senate candidate Linda McMahon.Trending Stories
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