Excerpts: “Charging Orders: The Creditors’ Primary Remedy Against A Debtor’s Interest In A Limited Liability Company Or Partnership.” Reference Buckeye Retirement Co. v. Buffa, 2011 WL 6299681 (D.Conn., Dec. 16 2011). On January 6, 2009, plaintiff next filed its Motion for Order Re: Post–Judgment Discovery (Dkt.# 59), which sought post-judgment discovery under CONN. GEN. STAT. […]
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Excerpts: “AT&T and TCI to Merge.” “This merger is a tremendous growth opportunity for TCI’s shareowners and employees,” said John C. Malone, chairman and CEO of TCI. “As TCI continues the largescale deployment of advanced digital settop devices, AT&T’s extraordinary brand and resources are ideal complements to TCI’s broadband cable distribution and operations. AT&T Consumer
Excerpts: “Bankruptcy sale marks end of Carson’s.” The sale and closings will quietly mark the end of a company started in 1854 in Amboy, Illinois, by Samuel Carson and John T. Pirie. The company relocated to Chicago in the late 1860s, where it grew into Carson Pirie Scott & Co. department store with the help
Excepts: “Cable execs slam Leo Hindery, YES.” Cox Communications Inc. president Jim Robbins told an National Show closing-session crowd in New Orleans that he sided with Cablevision and its chairman, Charles Dolan. “I called Chuck two weeks ago and said ‘hang in there. You’re doing the right thing,’” Robbins said. AT&T Broadband chairman Bill Schleyer
Excerpts: KinderCare Learning Centers, Inc. Following a rapid rise to prominence in the 1970s, the company began to diversify, incurring significant debt along the way that prompted its 1992 filing for bankruptcy. In April 1993, however, KinderCare emerged from bankruptcy and looked forward to renewed success, focusing on filling the specific needs of niche markets,
Excerpts: SEC Staff Accounting Bulletin: No. 101 – Revenue Recognition in Financial Statements This staff accounting bulletin summarizes certain of the staff’s views in applying generally accepted accounting principles to revenue recognition in financial statements. The staff is providing this guidance due, in part, to the large number of revenue recognition issues that registrants encounter.
Excerpt: John Peters Stevens John Peters Stevens, also known as J. P. Stevens (February 2, 1868 – October 27, 1929) was the CEO of the J.P. Stevens Textile Corporation. He was the president of Cotton Merchants’ Association and Woolen Manufacturers’ Association. Stevens was born on February 2, 1868 in North Andover, Massachusetts to Horace Nathaniel
Excerpts: Oaktree Capital Group, LLC, Form 10-K Closed-end Funds Our closed-end funds are typically structured as limited partnerships that have a 10- or 11-year term and have a specified period during which clients can subscribe for limited partnership interests in the fund. Once a client is admitted as a limited partner, that client is required
Excerpt: “Tronc is selling the L.A. Times. Could the Baltimore Sun be next?” The Chicago-based news conglomerate, which owns the Baltimore Sun Media Group, announced it plans to sell the Los Angeles Times, the San Diego Union-Tribune and various titles in its California News Group for $500 million to shareholder Patrick Soon-Shiong. The California News
Excerpt: “Nomura Hires 15 Senior Bankers in the Americas.” John Sheldon has joined Nomura as Managing Director in the Consumer Retail Group focused primarily on Beverages. He has more than 35 years of investment banking experience with Consumer Retail companies and M&A. Prior to joining Nomura, John was President of First Beverage, a merchant bank