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RMF parent obtains Chapter 7 bankruptcy status

After the request was made in January, the presiding judge granted permission to convert the case to a liquidation bankruptcy. ....

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Bankruptcy judge approves Celink stipulation in RMF bankruptcy case

Reverse mortgage servicer Celink and RMF have settled a claim in the former lender's bankruptcy at a far lower figure than initially sought. ....

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Bermuda lawyer to represent Vesttoo

Bermuda lawyer to represent Vesttoo
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Lordstown Motors ex-CEO approved to buy company assets for $10 million

Electric vehicle company Lordstown Motors received U.S. bankruptcy court approval Wednesday to sell its manufacturing assets to a new company affiliated with its founder and former CEO Stephen Burns for $10.2 million. LAS Capital, majority-owned by Burns, will acquire Lordstown's intellectual property, business records, and machinery including assembly lines for electric vehicle motors and batteries. U.S. Bankruptcy Judge Mary Walrath approved the sale at a court hearing in Wilmington, Delaware, saying it was the best available offer. ....

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Lordstown Motors ex-CEO approved to buy company assets for $10 mln

Lordstown Motors ex-CEO approved to buy company assets for $10 mln
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