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The Southern District of New York is a major venue for bankruptcy, as it has jurisdiction over the corporate headquarters and major financial institutions located in Manhattan. Originally, the District Court itself handled bankruptcies; these and admiralty court cases dominated nearly to the exclusion of all other cases, which were primarily ...
In a complaint filed in Manhattan bankruptcy court, Genesis is seeking to recoup $500 million that DCG borrowed under four loans. It also filed a separate complaint to recover 4,550 Bitcoin, worth ...
On April 9, 2009, Irving Picard sued Gibraltar-based Banque Jacob Safra in Manhattan Federal Bankruptcy Court seeking $150 million [32] Madoff wired as a "preferential payment" [33] to the bank, invested on behalf of Vizcaya Partners, a British Virgin Islands company. Beginning in 2002, Vizcaya had wired a total of $327 million to Madoff's ...
Because of its age, being the oldest federal court in the history of the United States, [2] [3] great influence, described as "the preeminent trial court in the nation", [4] and its strong independence, [5] it is colloquially called the "Mother Court", [6] or the "Sovereign District of New York." [7]
China’s heavily indebted property developer Evergrande on Thursday filed for Chapter 15 bankruptcy protection in a U.S. court.. In a filing to the Manhattan bankruptcy court, the firm sought ...
As part of a reorganization plan agreed to with the U.S., Canadian and Ontario governments, and the company's unions, General Motors filed for Chapter 11 bankruptcy protection in a federal Manhattan court in New York on June 1, 2009, at approximately 8:00 am, planning to re-emerge as a less debt-burdened organization. [13]
The owners of Manhattan's landmark. Skip to main content. Finance. 24/7 Help. For premium support please call: 800-290-4726 more ways to reach us. Login / Join. Mail ...
The Southern District of New York is a federal judicial district that encompasses the counties of New York (), Bronx, Westchester, Rockland, Putnam, Orange, Dutchess, and Sullivan.