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Judge approves bankruptcy arrangement to aid insurers (Financial Times)
The first "solvent schemes of arrangement", a bankruptcy mechanism used by insurers to deal with their long-term exposure to future claims, have been approved by a judge in London since their viability was thrown into question earlier this year by a High Court decision.
Storm Victims Facing Hurdles on Bankruptcy (New York Times)
When Congress agreed this spring to tighten the bankruptcy laws and crack down on consumers who took on debt irresponsibly, no one had the victims of Hurricane Katrina in mind.
European court backs US bank in Parmalat's winding-up (Financial Times)
A preliminary opinion from Europe's top court yesterday backed Bank of America in its fight with the administrators of Parmalat over which European jurisdiction should oversee the winding-up of the collapsed Italian dairy group's Irish offshoot.
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National I.D. Defense Helps Companies Protect Their Employees from Identity Theft
Identity theft protection can enhance existing employee benefit programs. [PRWEB Sep 27, 2005]
Auto Insurance Quotes on the Web: A Growing Internet Trend
The power of the internet in all areas of our lives continues to grow exponentially, especially in financial areas like auto insurance. Since 48 states adopted laws requiring drivers to obtain auto insurance, providers have been seeking easier and more efficient ways to offer auto insurance quotes to potential consumers. [PRWEB Sep 27, 2005]
Realty Baron Provides Relief to Realtors in Fight Against Department of Justice Lawsuit
Realty Baron's innovative online commission bidding service could be the answer for realtors as the National Association of Realtors prepares to battle the anti-trust lawsuit. [PRWEB Sep 27, 2005]
Class Action Lawsuit Required To Stop Dangerous Bankruptcy Law From Becoming Law On October 17th.
Entrepreneurship shatters poverty and thus it is necessary to focus on developing employment through new business creation, versus implementing a very destructive law. [PRWEB Sep 27, 2005]
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