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Tag Archives: Bankruptcy

Charter’s bankruptcy cedes Allen’s control, JPMorgan says

Charter Communications’s bankruptcy will shift control from Chairman Paul Allen, prompting a default under an $8.5 billion loan and making the company’s reorganization untenable, JPMorgan Chase & Co. said. Charter, the fourth-largest U.S. cable company, filed for bankruptcy last week ...

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Attorneys mixed over mortgage modification

As part of his plan aimed at preventing home foreclosures, President Barack Obama last week announced his support for legislation that would allow for bankruptcy judges to modify home mortgages, hopefully allowing Americans to stay in their homes. But the ...

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Lehman bankruptcy judge charged with slapping wife

U.S. Bankruptcy Judge James Peck in Manhattan, who is overseeing the liquidation of collapsed securities firm Lehman Brothers, was charged with attempted assault for allegedly slapping his wife. Peck, 63, was arrested Jan. 31 for third-degree attempted assault and second-degree ...

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