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Recovery of Attorneys’ Fees Allowed in Federal Bankruptcy Case

The U.S. Supreme Court ruled on Tuesday that a party can recover attorneys’ fees in a federal bankruptcy case as federal bankruptcy law does not prohibit contract-based claims for attorneys’ fees...

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Major Cookie Chain Set to File Bankruptcy

Mrs. Fields says it will file for Chapter 11 bankrputcy protection. The company has more than 1,200 franchises across the country and is best known for its cookies. The chain also includes TCBY frozen...

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U.S. Supreme Court Okays Chyrsler Sale

Vacating a temporary stay that was ordered, the U.S. Supreme Court has cleared the way for the sale of Chrysler’s prime assets to Italian automaker Fiat. The sale had been challenged by consumer,...

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