Electric Generator Startup Faces Financial Woes Moxion Power Co., a San Francisco Bay Area-based electric generator startup backed by Amazon, has filed for Chapter 7 liquidation in Delaware with estimated liabilities ranging from $100 million to $500 million. This news comes on the heels of the … [Read more...]
Celsius Network Sues Tether for Over $2 Billion in Bitcoin Clawback | Warren & Migliaccio
Celsius Network's Legal Action The defunct cryptocurrency platform Celsius Network has filed a lawsuit against Tether, the largest stablecoin provider, seeking to recover over $2.3 billion in Bitcoin. The lawsuit accuses Tether of exploiting Celsius' financial troubles for its own gain as Celsius … [Read more...]
Estate Planning Strategies to Protect and Manage Your Mineral Rights Assets | Warren & Migliaccio
Planning for Mineral Rights in Estate Planning Properly planning for mineral rights is a critical component of estate planning, especially for landowners with significant mineral resources. These rights can greatly influence the value and management of an estate, making it essential to protect and … [Read more...]
Don’t Let the Clock Run Out: Maximizing the Estate Tax and Lifetime Gifts Exemption | Warren & Migliaccio
Tax Relief and the Uncertain Fate of the Estate Tax and Lifetime Gifts Exemption In 2017, the Tax Cuts and Jobs Act (Tax Act) introduced various forms of tax relief, including a significant increase in the Estate Tax and Lifetime Gifts Exemption (Exemption). However, these tax cuts are set to expire … [Read more...]
Record High U.S. Credit Card Debt Hits $1.14 Trillion Amid Rising Costs and Interest Rates | Warren & Migliaccio
Record Credit Card Debt Hits $1.14 Trillion According to data released on Tuesday by the Federal Reserve Bank of New York, U.S. credit card debt has surged to an unprecedented $1.14 trillion. This marks an increase of $27 billion from the $1.13 trillion reported in the second quarter of … [Read more...]
Billy Ray and Firerose Cyrus’s Marriage Officially Over | Warren & Migliaccio
Billy Ray and Firerose Cyrus's marriage has ended, three months after the country singer filed for divorce from his Australian wife, citing 'irreconcilable differences.' After a bitter and public breakup, during which both accused each other of verbal and emotional abuse, court documents signed … [Read more...]
China Evergrande’s EV arm units to enter bankruptcy, reorganization proceedings | Warren & Migliaccio
Subsidiaries to Undergo Bankruptcy and Reorganization On Monday, China Evergrande's electric vehicle division reported that a Chinese court has mandated the bankruptcy and reorganization of two of its subsidiaries. This announcement led to a significant drop in the EV group's shares, which fell by … [Read more...]
Pregnant Margot Robbie and Tom Ackerley Knew They ‘Really Wanted’ to Be Parents Early In Their Relationship: Source (Exclusive) | Warren & Migliaccio
“They've been keeping it under wraps for a while but are happy the news is out,” a source tells PEOPLE Margot Robbie and Tom Ackerley are “happy” that the news they are expecting their first child is out. On Sunday, July 7, multiple sources confirmed to PEOPLE that the Barbie star, 34, is … [Read more...]
Who Is Jennie Garth’s Husband? All About Dave Abrams | Warren & Migliaccio
Dave Abrams and Jennie Garth attend American Ballet Theater's "Like Water For Chocolate" premiere on March 29, 2023 in Costa Mesa, California. Jennie Garth and her husband, Dave Abrams, have learned a lot about each other throughout their marriage. After the Beverly Hills, 90210 star met Abrams on … [Read more...]
How Two Non-Bankruptcy Attys Won A Rare Ch. 7 Jury Trial | Warren & Migliaccio
A pair of Boston-based attorneys from Davis Malm, Christopher Marino and Gary Matsko, achieved a rare victory in a bankruptcy-related jury trial. Despite not specializing in bankruptcy law, they successfully defended Arthur Demoulas, a majority shareholder in W.J. Bradley Mortgage Capital LLC, … [Read more...]
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