In Bankruptcy, Giuliani Set a $43,000 Monthly Budget. Creditors Are Skeptical.
Rudolph W. Giuliani's bankruptcy filing revealed a proposed $43,000 monthly budget that he ultimately exceeded, raising concerns among his creditors. [ more ]
Will Former Stroock Partners Ever See Their Capital Again?
The advisory firm Teneo is working to wind down the failed firm Stroock & Stroock & Lavan without a bankruptcy filing.
Former partners may not receive a distribution of capital as they are last in line after winddown costs, payments to lenders, and payments to unsecured creditors. [ more ]
In Bankruptcy, Giuliani Set a $43,000 Monthly Budget. Creditors Are Skeptical.
Rudolph W. Giuliani's bankruptcy filing revealed a proposed $43,000 monthly budget that he ultimately exceeded, raising concerns among his creditors. [ more ]
Will Former Stroock Partners Ever See Their Capital Again?
The advisory firm Teneo is working to wind down the failed firm Stroock & Stroock & Lavan without a bankruptcy filing.
Former partners may not receive a distribution of capital as they are last in line after winddown costs, payments to lenders, and payments to unsecured creditors. [ more ]