Tom LaSorda, who headed now-troubled "green" car company Fisker last year, and racing magnate Penske are starting IncWell, which will invest in technology startups.
The deal is Ally's second attempt to reach a deal, which has been complicated by residential mortgage-backed securities issued by ResCap before its bankruptcy in May 2012.
U.S. Judge Andrew Carter said it would be unfair to other creditors of the bankrupt bookstore to let gift card holders pursue recoveries from its estate.
A team including the former GM executive and China's largest parts maker is looking to buy the car company for a fraction of its estimated worth almost a year and a half ago.
Seth was named president of Tribune Digital Ventures, a newly created stand-alone company that will operate out of Silicon Valley rather than Tribune's Chicago headquarters.
If approved, Elpida's reorganization plan sale to Micron Technologies would be the final step in creating the world's second-largest maker of memory chips.
The restructuring of Suntech's domestic debts is being closely watched by its overseas creditors, whom analysts say are expected to take a "haircut" - or suffer losses.
While independent examiners should benefit the bankruptcy process, where transparency is paramount, legal experts say they can often be more of a hindrance than a help.
The findings by the inspector general of the CFTC, Roy Lavik, were part of a broader report into whether the agency made any missteps into how it regulated MF Global.
The Polsinelli partner answers questions about his book, his practice and the differences between the bankruptcy bars in New York and Delaware.
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