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USA - November 15 2012 The U.S. Court of Appeals for the Seventh Circuit in Chicago has issued a decision with significant implications for licensees of trademarks whose licensors become debtors in bankruptcy.
USA - October 9 2012 The Trustee overseeing the liquidation under the Securities Investor Protection Act of Lehman Brothers Inc. in the U.S. and the Joint Administrator of Lehman Brothers International (Europe) in the U.K. have reached an agreement in principle to resolve $38 billion in asserted claims among Lehman, LB Europe and subsidiaries and affiliates.
USA - April 30 2012 U.S. bankruptcy law permits debtors-in-possession and trustees to sell assets free and clear of claims, liens and other interests.
USA - March 8 2012 On March 6, 2012, Lehman Brothers Holdings Inc. and its affiliated debtors announced that their Modified Third Amended Joint Chapter 11 Plan, which had been confirmed by the United States Bankruptcy Court for the Southern District of New York on December 6, 2011, had become effective.
USA - November 30 2011 Earlier today AMR Corporation, its subsidiary American Airlines, Inc., and 18 other affiliates ("Debtors") filed petitions under Chapter 11 of the Bankruptcy Code in the United States Bankruptcy Court for the Southern District of New York in Manhattan.