Free Republic

Proterra, the electric bus company at the center of an apparent conflict of interest involving Energy Secretary Jennifer Granholm, has filed for bankruptcy, Reuters reported Monday evening. Granholm drew immense scrutiny when it was revealed that she maintained her financial positions in the firm, for which she used to sit on the board of directors, after she assumed her post as the leader of the Department of Energy (DOE) and began to direct policies which could have favored her own financial interests. Granholm eventually closed her position in the firm late in May 2021, and netted capital gains amounting to...

The Harvey Weinstein scandal has a lot of moving parts headed towards an important hearing next week that will set the next stage in the criminal proceeding. On one end, Weinstein has been pushing a Delaware bankruptcy court to allow him to recover files maintained by The Weinstein Co. and then permit him to use those emails and other documents to defend himself from sexual assault charges in New York. On the other end, there's still pending civil lawsuits including one class action from his many accusers. On Thursday, those women sounded the alarm about Weinstein's efforts. "He should not...

General Motors revealed in court filings late Tuesday that it will soon ask a federal bankruptcy judge to shield the company from legal claims for conduct that occurred before its 2009 bankruptcy. The automaker’s strategy is in a motion filed in a Corpus Christi, Texas, federal court case, and in other cases across the nation that involve the defective ignition switches that have led GM to recall 2.6 million small cars. The motion asks U.S. District Judge Nelva Gonzales Ramos to delay action on the lawsuit until the bankruptcy court rules and other federal courts decide if the case should...

Horrific brutality is being done by the Obama Administration’s U.S. Bankruptcy Court to a cancer ridden, helpless 89 year old World War II veteran who received two bronze stars involving the incredible rescue of 2,000 U.S. Prisoners of War from vicious Japanese guards at the Los Banos Internment Camp in Luzon, Philippines in 1945. (1) Montana’s Warren C. Bodeker is being tossed out of his Plains, MT home by Christy Brandon, a Montana Federal Bankruptcy Trustee, practicing in Bigfork, Mt. She refused to continue a capacity hearing even as he was suffering in a Helena VA Hospital from advanced stage...

Lenders in talks for control of Tribune By Michael Oneal June 8, 2009 Reporting from Chicago -- Tribune Co. and its creditors are in the early stages of negotiating a plan of reorganization in U.S. Bankruptcy Court that sources said probably would transfer control of the troubled media conglomerate from Chicago billionaire Sam Zell to a group of large banks and investors that holds $8.6 billion in senior debt. The plan is still taking shape, the sources said, and much could change as negotiations continue. But the general contours of a new capital structure are coming into focus, and the...