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.
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.
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.
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.
BankUnited Financial Corp. , the holding company whose bank was taken over and sold by regulators in May 2009, filed a Chapter 11 plan on Nov. 22 as the exclusive right to propose a reorganization was about to expire.