Pmf Legal Blog

http://allafrica.com/stories/201305240039.html Kenyatta, Moi Seized 17 Percent of White Farms – TJRC By Nzau Musau, 23 May 2013 PRESIDENT Jomo Kenyatta and his successor President Daniel arap Moi grabbed 17 percent of white owned land after independence, according to the TJRC report released on Tuesday. “One sixth of the settler lands were found to have been… Continue Reading

http://www.nbr.co.nz/article/greymouth-petroleum-shucks-disaffected-shareholder-wb-140613 Greymouth Petroleum shucks off disaffected shareholder Pattrick Smellie | Friday May 24, 2013 Minnow oil and gas player Greymouth Petroleum is preparing to welcome a new 14 percent shareholder on its share register after winning a High Court action brought by the company’s former chief operating officer, John Sturgess. Mr Sturgess was effectively ….”

http://www.lexisnexis.com/community/bankruptcylaw/blogs/mealeys/archive/2013/05/23/fdic-wins-malpractice-suit-against-law-firm-over-5m-loan.aspx 05/23/2013 03:03:20 PM EST FDIC Wins Malpractice Suit Against Law Firm Over $5M Loan Posted by Law360: Bankruptcy A Florida federal jury Wednesday sided with the Federal Deposit Insurance Corp. in its malpractice suit against Icard Merrill Cullis Timm Furen & Ginsburg over the firm’s representation of a developer in a $5.3 million real… Continue Reading

http://www.lexisnexis.com/community/bankruptcylaw/blogs/mealeys/archive/2013/05/23/trustee-says-girls-gone-wild-founder-can-t-stop-ch-11.aspx 05/23/2013 03:10:13 PM EST Trustee Says ‘Girls Gone Wild’ Founder Can’t Stop Ch. 11 Posted by Law360: Bankruptcy The trustee overseeing the California “Girls Gone Wild” bankruptcy derided efforts by founder Joe Francis to halt the bankruptcy of a subsidiary involved in the purportedly fraudulent overseas transfer of company trademarks on Thursday, saying his… Continue Reading

http://www.lexisnexis.com/community/bankruptcylaw/blogs/mealeys/archive/2013/05/23/9th-circ-relieves-broke-law-school-grad-of-student-debt.aspx 05/23/2013 04:19:11 PM EST 9th Circ. Relieves Broke Law School Grad Of Student Debt Posted by Law360: Bankruptcy The Ninth Circuit ruled Thursday that a broke law school graduate who amassed $85,000 in student debt wasn’t obligated to repay the loans because he couldn’t find a job that would pay him enough to satisfy… Continue Reading

http://www.lexisnexis.com/community/bankruptcylaw/blogs/mealeys/archive/2013/05/23/full-speed-ahead-for-bankrupt-pe-owned-ohio-printers.aspx 05/23/2013 05:14:28 PM EST Full Speed Ahead For Bankrupt PE-Owned Ohio Printers Posted by Law360: Bankruptcy A bankruptcy judge in Delaware on Thursday approved the first-day requests of Ohio-based sister commercial printing companies D.B. Hess and The Press of Ohio, both owned by private equity firm Wellspring Capital Management LLC, including up to $20… Continue Reading

http://www.lexisnexis.com/community/bankruptcylaw/blogs/mealeys/archive/2013/05/23/school-specialty-gets-ch-11-plan-confirmed.aspx 05/23/2013 05:35:53 PM EST School Specialty Gets Ch. 11 Plan Confirmed Posted by Law360: Bankruptcy School Specialty Inc. won confirmation of its Chapter 11 plan Thursday, with a Delaware bankruptcy judge giving the green light to a reorganization that will see the educational supply company emerge from court protection owned by its noteholders. Read… Continue Reading

http://www.lexisnexis.com/community/bankruptcylaw/blogs/mealeys/archive/2013/05/23/highway-tech-looks-to-unload-equipment-quickly-in-ch-11.aspx 05/23/2013 05:36:34 PM EST Highway Tech Looks To Unload Equipment Quickly In Ch. 11 Posted by Law360: Bankruptcy A Delaware bankruptcy judge gave the nod Thursday for many of Highway Technologies Inc.’s first-day requests, including up to $3 million in bankruptcy financing and permission to immediately sell signs and other equipment the company had… Continue Reading

http://online.wsj.com/article/SB10001424127887323475304578501902739258958.html?mod=fox_australian Latin American Trade Bloc Cuts Tariffs May 23, 2013 BY DARCY CROWE AND ROBERT KOZAK CALI, Colombia—The leaders of a regional trade bloc that encompasses Chile, Peru, Colombia and Mexico moved Thursday to lower import tariffs among the member countries, a decision that could boost economic integration efforts in Latin America. The Pacific Alliance,… Continue Reading

http://online.wsj.com/article/SB10001424127887323336104578501443822996274.html?mod=fox_australian Iceland Premier Aims to End Capital Controls May 23, 2013 BY CLEMENS BOMSDORF Iceland’s new prime minister said he aims to remove capital controls, in place since the nation’s economic collapse several years ago, and to reintroduce a free-floating currency. Sigmundur David Gunnlaugsson also said the nation needs to meet the so-called Maastricht criteria… Continue Reading