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Surety Bond News

  • Ex-UBS Banker Weil Gets $9 Million Bail in Tax Dodge Case

    Raoul Weil, the former head of UBS AG’s global wealth management business, was granted $10.5 million bail after appearing in a U.S. courtroom for the first time to face charges that he helped Americans evade taxes.

  • UBS, JPMorgan, N.J. Ponzi, SocGen, Mahindra, Northern Rock in Court News

    Swiss lawmakers approved a UBS AG tax treaty, ending a two-year legal battle with the U.S. that threatened the bank’s American operations.

  • TransCanada’s Keystone Wins Right to Take Pipeline Land

    TransCanada Corp. won court permission to build part of its Keystone XL pipeline across several contested tracts of southeast Texas farmland to carry Canadian tar-sands crude to Gulf Coast refineries.

  • Capmark, Six Flags, Lehman, Philly Papers: Bankruptcy

    Capmark Financial Group Inc. will give U.S. Bankruptcy Judge Christopher S. Sontchi an opportunity to write an opinion on the sometimes murky issue of what is or is not a “swap agreement” within the meaning of bankruptcy law.

  • East West Resort, General Growth, Erickson, Heartland's Plan: Bankruptcy

    East West Resort Development V LP scheduled a confirmation hearing for May 27 when the bankruptcy judge in Delaware will be asked to approve the reorganization plan largely negotiated before the bankruptcy filing in mid- February.

  • Garlock, Chem Rx, Brown, Precision Parts: Bankruptcy

    George R. Hodges , a U.S. Bankruptcy Judge in Charlotte, North Carolina, must decide whether to cede control of part of the reorganization of Garlock Sealing Technologies LLC to a bankruptcy judge in Delaware.

  • Obama Aides Promote Business Break as Part of Tax-Cut Package

    Obama administration officials offered a new argument today for why Congress should extend the Bush-era tax cuts for middle-income Americans, tying it to a tax break for small businesses.

  • Hiring a Guide to the Medical Bill Maze

    When Annrose Isaac’s twins were born prematurely, she thought her insurer would cover their stay in the neonatal intensive care unit. “The hospital was in our network, but it turned out the physician in the NICU who saw our daughters didn’t participate with our insurer,” says the Westwood (New Jersey)-based financial planner. “All of a sudden we were getting bills for over $30,000.”

  • Hiring a Guide to the Medical Bill Maze

    When Annrose Isaac’s twins were born prematurely, she thought her insurer would cover their stay in the neonatal intensive care unit. “The hospital was in our network, but it turned out the physician in the NICU who saw our daughters didn’t participate with our insurer,” says the Westwood (New Jersey)-based financial planner. “All of a sudden we were getting bills for over $30,000.”

  • JPMorgan Sued by Assured Guaranty Over Payments for Alabama Sewer Bonds

    JPMorgan Chase & Co. was sued by insurer Assured Guaranty Ltd. to recover all claims the guarantor might have to pay on $378 million of coverage provided for sewer bonds issued by Jefferson County, Alabama .

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