Page 8 - Delaware Chapter News Today : Breaking News, Live Updates & Top Stories | Vimarsana

ADVERTISEMENT ADVERTISEMENT Ex-Jumio CEO Hit With Del. Bankruptcy Sanction Ruling Law360 (February 17, 2021, 7:16 PM EST) -- A U.S. bankruptcy judge entered a default judgment against the former CEO of mobile payments verification business Jumio Inc. on Wednesday, citing findings of prolonged game-playing and destruction or concealment of evidence sought in a Delaware Chapter 11 adversary suit. Judge Brendan Linehan Shannon said in his opinion that the ruling against former CEO David Mattes was a penalty both severe and rarely invoked but nevertheless warranted. It followed a yearslong disco...

ADVERTISEMENT ADVERTISEMENT Banks Slam Eagle Hospitality Cost, Schedule In Del. Ch. 11 Law360 (February 8, 2021, 3:34 PM EST) -- Two top secured creditors of Eagle Hospitality's bankrupt fleet of upscale hotels have stepped up opposition to the debtor's Delaware Chapter 11 financing and sale plans, saying current roadmaps benefit nondebtor interests in Singapore at the expense of domestic creditors. In recent court filings in the U.S. District Court for the District of Delaware, Bank of America and Deutsche Bank New York argued against the up to $125 million in debtor-in-possession financing...

Attorneys for alleged victims of sexual abusers linked to the Boy Scouts of America fired back Friday at insurer calls for examinations of the claims in the organization's Delaware Chapter 11, branding the proposals as "wasteful and ugly games" aimed at blocking a bankruptcy plan.

More Recent Podcasts In the Thursday update: Delaware will be getting less J&J vaccine in the weeks to come, a critic now says the state is doing a better job at getting the vaccine out to underserved communities, and follow "The Biden Trail." In today's Monday update: Delaware prison inmates who way they were abused following the 2017 riot lose in court, a new resource to help you figure out what trash to recycle, and what's that sound? It's the return of cicadas.