WASHINGTON — The U.S. Supreme Court said a bankruptcy court may not go after property or funds that are legally exempt from creditors. The justices in a unanimous opinion ruled Tuesday in favor of a California man who declared Chapter ...

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A U.S. Bankruptcy Court judge has approved Lehman Brothers Holdings Inc.’s $767 million settlement with Freddie Mac — an agreement that releases hundreds of millions of dollars to return to the failed investment bank’s creditors. Freddie Mac was seeking a ...

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A bankruptcy court judge will allow Eastman Kodak Co. to end retiree health benefits at the end of the year as part of its restructuring. In his ruling Monday, U.S. Bankruptcy Court Judge Allan Gropper called the move fair and ...

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On Wednesday, Western District of New York Chief U.S. Bankruptcy Judge Carl L. Bucki announced a transition plan to deal with the possibility that a new judicial selection may not be finalized to replace Judge John C. Ninfo II, who is retiring at the end of the year.

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The battle over the fortune of the late Texas tycoon J. Howard Marshall, who married former Playboy playmate and model Anna Nicole Smith shortly before his death, is heading to the U.S. Supreme Court for the second time.

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