Bankruptcy News

Sep

Councilwoman wants Pa. city bankruptcy explored - BusinessWeek

2010-09-03

Patriot-NewsCouncilwoman wants Pa. city bankruptcy exploredBusinessWeekA member of Harrisburg's city council says Pennsylvania's capital needs to seriously consider filing for bankruptcy in the face of hefty debt payments. ...Harrisburg City Council member pushes to explore bankruptcy petitionPatriot-Newsabc27 NewsCity controller encourages Council to explore bankruptcyabc27Bankruptcy on horizon for Pennsylvania capitalWashington PostBankruptcy Home -WGAL Lancaster -Forbes (blog)all 76 news articles »

Sep

Tronox Shareholders File Bankruptcy Plan Valuing Company at $1.25 Billion - Bloomberg

2010-09-03

Tronox Shareholders File Bankruptcy Plan Valuing Company at $1.25 BillionBloombergThe shareholders said their plan has the financing needed to fund Tronox's exit from bankruptcy. Tronox, based in Oklahoma City, filed an amendment to its ...Tronox shareholders' plan opens value fightReutersall 2 news articles »

Sep

US bankruptcy judge denies Innkeepers' sale plan - Reuters

2010-09-02

Moneycontrol.comUS bankruptcy judge denies Innkeepers' sale planReutersPK bankruptcy plan agreement with a Lehman Brothers Holdings Inc (LEHMQ.PK) unit has been shot down by a judge after some creditors said it was unfair, ...JPMorgan Asks Bankruptcy Judge to Toss Lehman Brothers Suit Over CollapseBloombergInnkeeper-Lehman Deal Denied by Judge, Lawyer SaysBusinessWeekLehman to prepare banks for saleFinancial TimesMoneycontrol.com -Legalbrief (subscription)all 101 news articles »

Sep

BREAKING NEWS >> American Shingle Files for Bankruptcy - 13wmaz

2010-09-03

BREAKING NEWS >> American Shingle Files for Bankruptcy13wmazAmerican Shingle filed for Chapter 7 Bankruptcy Thursday with federal bankruptcy court in Atlanta, according to the Governor's Office of Consumer Affairs. ...American Shingle files for bankruptcy protectionCharlotte ObserverAmerican Shingle files for bankruptcyBankruptcy HomeAmerican Shingle files for bankruptcyWCNC (subscription)WalletPop (blog) -WREGall 8 news articles »

Sep

Taxpayers likely to face initial loss on GM IPO-sources - Reuters

2010-09-03

Taxpayers likely to face initial loss on GM IPO-sourcesReutersAt the same time, GM will have to confront a pension shortfall that remains a liability from its pre-bankruptcy operations. GM eliminated about $40 billion ...and more »

Sep

Newspaper publisher's bankruptcy sale approved - Bankruptcy Home

2010-09-03

Town HallNewspaper publisher's bankruptcy sale approvedBankruptcy HomeThe case's bankruptcy judge also approved a separate sale of the company's subsidiary, Dan's Papers Inc., which is based on Long Island, for another $1.75 ...Sale of Brown Publishing Newspapers to Lenders Approved by Bankruptcy CourtEditor & PublisherJudge OKs sale of Ohio-based newspaper chainThe Associated PressCourt approves Brown sale of assetsSpringfield News SunWKSU News -Georgetown News Democratall 107 news articles »

Sep

Govenrment Wants Hecker Jailed Until Trial - Wall Street Journal (blog)

2010-09-03

KAALtv.comGovenrment Wants Hecker Jailed Until TrialWall Street Journal (blog)The Star Tribune is reporting that the federal government is pointing to Hecker's alleged hiding of assets from the bankruptcy court and federal prosecutors ...North Dakota bank removes roadblock in Hecker bankruptcyPioneer PressDenny Hecker: To jail next week?KARETCF will possess Hecker's stuffPioneer PressMinneapolis / St. Paul Business Journal -Minneapolis Star Tribuneall 41 news articles »

Sep

Colonial Bank Parent Wins Bankruptcy Fight With FDIC - Wall Street Journal

2010-09-01

ReutersColonial Bank Parent Wins Bankruptcy Fight With FDICWall Street JournalJudge Dwight H. Williams Jr. of the US Bankruptcy Court in Montgomery, Ala., on Tuesday granted summary judgment to Colonial BancGroup Inc., ...FDIC loses closely watched Colonial Bank caseReutersall 592 news articles »

Sep

Your gratuity may just get bankruptcy protection - Economic Times

2010-09-03

Your gratuity may just get bankruptcy protectionEconomic TimesNEW DELHI: Indian companies may be asked to create a separate fund for meeting gratuity payments of their employees to ensure that retirement savings of ...and more »

Sep

General Growth Reaches $5.75 Million Settlement Over 401(k) Plan Losses - Bloomberg

2010-09-03

General Growth Reaches $5.75 Million Settlement Over 401(k) Plan LossesBloombergGeneral Growth filed for bankruptcy last year and is set to seek court approval next month for its restructuring plan. Before the bankruptcy, it was sued by ...and more »

Sep

Bankruptcy: Young Buck Files For Chapter 13 | DrJays.com Live ...

2010-09-03

How do make 20K a month and still file for bankruptcy? Young Buck can tell you how.

Sep

Bankruptcy Lawyer: When To Hire One

2010-09-03

If you are having difficulties with finances and are considering debt consolidation or bankruptcy, you may also be considering hiring a bankruptcy lawyer. Of course for those who are in a financial rut or on the verge of financial ruin, ...

Sep

Sierra Snowboard's Bankruptcy Update | TransWorld Business

2010-09-03

On June 1, 2010 in the Northern District of California's US Bankruptcy Court, Michael Anthony Management, Inc., the corporate entity run by Michael.

Sep

Bankruptcy Protection | From Yahoo News

2010-09-03

Enter Bankruptcy Protection? Is Debt Consolidation A Better Choice? Are you under a lot of pressure from your debts and loans? Are you planning.

Sep

Harrisburg City Council member pushes to explore bankruptcy ...

2010-09-03

Patty Kim stopped short of saying municipal bankruptcy is the answer, and it was not clear last night if the council could even file a bankruptcy petition without the approval of Mayor Linda Thompson.

Sep

Bankruptcy Exemptions if You're

2010-09-03

Homestead exemptions in bankruptcy can be tricky. Sometimes personal property like boats, trailers, and semi tractors can be claimed as your homestead.

Sep

Five Signs You Need A Bankruptcy Attorney | best article directory

2010-09-03

If you've fallen into hard times financially and feel like you're drowning in debt, you've probably considered bankruptcy as a solution. If you aren't sure and.

Sep

Article Study » Five Signs You Need A Bankruptcy Attorney

2010-09-03

If you've fallen into hard times financially and feel like you're drowning in debt, you've probably considered bankruptcy as a solution. If you aren't sure and don't understand the complexities of the law, a bankruptcy attorney can ...

Sep

Harrisburg councilwoman suggests hiring bankruptcy lawyer ...

2010-09-02

Patty Kim stopped short of saying Harrisburg should file for municipal bankruptcy. She said she hopes that the move will encourage stakeholders to negotiate a recovery plan.

Sep

Four Questions To Ask a Bankruptcy Lawyer Before Signing - Nike ...

2010-09-03

With the widespread changes that happened in bankruptcy law in 2005, it is more important than ever to hire a competent, experienced lawyer for a successful bankruptcy case. If you are considering filing for bankruptcy, you want to be ...

Sep

Bankruptcy Protection & Economic Teetering in a Strange Economy

2010-09-03

Bankruptcy protection may be needed for the city of Harrisburg, Pennsylvania. It's just a sign of the times in a down economy, right? Dauphin County, which is a guarantor of Harrisburg bonds, has given permission to a bond trustee, TD Bank, to sue the city over $35 million it owes on bond payments for an incinerator project, the Central Pennsylvania Business Journal reported Thursday. These days ...

Sep

Bankruptcy judge says Houser’s Rome trial to continue

2010-09-03

ATLANTA — A federal bankruptcy judge in Atlanta ruled Thursday that a civil case filed against a former Rome nursing home owner can continue today in Floyd County Superior Court. George D. Houser ...

Sep

Bankruptcy Filings Fell Last Month

2010-09-02

Personal bankruptcy filings fell in August, nearly erasing the rise in filings the prior month, a new report shows.

Sep

Bankruptcy filings fall in August

2010-09-02

The number of bankruptcy filings in New Hampshire dropped sharply in August compared to last month and a year earlier. It was second consecutive monthly decrease in what had been an unrelenting four-year climb in bankruptcy filings.There were 421 filings in August, according to unofficial figures, 52 fewer than July and 73 fewer than the previous August. That’s a monthly percentage drop of 11 ...

Sep

Area bankruptcy filings rise in Aug., buck trend

2010-09-02

BLADE STAFF Bankruptcy filings across northwest Ohio rose in August, reversing a four-month trend in which the number of cases had been declining from last year. Last month had 785 filings, up 6 percent from the same month last year for the 21 Ohio counties within the U.S. Bankruptcy Court in Toledo. It was the highest number of filings for an August since 2005. Through the first eight months of ...

Sep

Bankruptcy filings let up

2010-09-02

The number of Hawaii residents filing for bankruptcy protection in August eased slightly from July, but cases remained above the 300 mark for the sixth month in a row.

Sep

Harrisburg Bankruptcy Is ‘Real Option,’ Council Says

2010-09-01

Bankruptcy “has become a real option” for Pennsylvania’s capital of Harrisburg, City Council Vice President Patty Kim said.

Aug

Bankruptcy judge overrules 2nd bid for Bear Island Paper Co.

2010-08-31

A bankruptcy court auction of the assets of Bear Island Paper Co. LLC is moving ahead with the company's original stalking-horse bidder agreement in place. U.S. Bankruptcy Judge Kevin R. Huennekens yesterday overruled an objection filed by another investment group that said it would offer more cash for the company. ...

Sep

US bankruptcy judge denies Innkeepers' sale plan

2010-09-02

NEW YORK, Sept 2 (Reuters) - Innkeepers USA Trust's bankruptcy plan agreement with a Lehman Brothers Holdings Inc unit has been shot down by a judge after some creditors said it was unfair, according to a lawyer involved in the case.

Aug

Bankruptcy plan OKed for Station

2010-08-31

RENO, Nev. (AP) - A Reno bankruptcy judge has approved a Station Casinos Inc. reorganization plan for creditors to take an ownership stake in some properties and buy others through an auction.

Sep