Kansas City School Board Closes Almost Half Of City's Schools In Face Of Bankruptcy
What's Your Reaction? KANSAS CITY, Mo. — Facing potential bankruptcy, the board that governs the once flush-with-cash Kansas City school district is taking the unusual and contentious step of shuttering almost half its schools. (Thu, 11 Mar 2010 14:41:58 GMT)
Park Meadows owner ends bankruptcy with deal
A real estate investment firm has agreed to put up the money needed to end the bankruptcy protection process for Park Meadows mall’s parent company. (Thu, 11 Mar 2010 13:43:24 GMT)
With bankruptcy looming Kansas City closing nearly half its schools
KANSAS CITY, Mo. (AP) - The Kansas City school board narrowly approved a plan Wednesday night to close nearly half of the districts schools in a desperate bid to avoid a potential bankruptcy. (Thu, 11 Mar 2010 10:22:03 GMT)
Developer seeks bankruptcy protection
The developer of a proposed subdivision off Ladson Road has pulled the property from the jaws of foreclosure by filing for bankruptcy reorganization this week. (Thu, 11 Mar 2010 07:09:27 GMT)
Equity takes on Emprise in Rainbows bankruptcy
The battle of the banks continues in the Rainbows United bankruptcy, with a secondary lender accusing the nonprofit's lead bank of changing loan terms without its consent. (Thu, 11 Mar 2010 06:07:20 GMT)
Trash Hauler EnviroSolutions Files for Bankruptcy Protection
March 11 (Bloomberg) -- EnviroSolutions Holdings Inc., a U.S. trash hauler and landfill operator, and 21 of its affiliates filed for Chapter 11 bankruptcy court protection. (Thu, 11 Mar 2010 05:45:45 GMT)
Bankruptcy Filings Jump 32 Percent in Jacksonville
JACKSONVILLE, Fla. -- If you find yourself living paycheck to paycheck, you aren't alone. The number of people unable to pay their bills is growing. For some, the only way out they see is bankruptcy. (Thu, 11 Mar 2010 03:34:41 GMT)
Judge hears final arguments in Trump casinos' bankruptcy
A case that could have major implications for Atlantic City's gambling industry wound down yesterday in U.S. Bankruptcy Court in Camden, on the same day that revenue figures revealed a rough February for the resort. (Thu, 11 Mar 2010 02:33:00 GMT)
Trustee in Mastro bankruptcy goes after four new targets
A new lawsuit alleges four business associates of bankrupt real-estate magnate Michael R. Mastro negotiated "sham transactions" before Mastro entered bankruptcy that were designed to keep assets from his creditors. (Thu, 11 Mar 2010 02:11:51 GMT)
Canwest Noteholders Abusing Bankruptcy Process, Goldman Says
March 10 (Bloomberg) -- Canwest Global Communications Corp. noteholders have gained control of the Canadian media company’s bankruptcy process and are abusing it for their own benefit, Goldman Sachs Group Inc. (Wed, 10 Mar 2010 21:58:14 GMT)
Settlement in bankruptcy case
Bankruptcy proceedings brought against his former business partner, Rodney Humphries, by Maniototo farmer Ewan Carr over claims of a $238,000 debt were settled on confidential terms in the High Court at Dunedin this week. read more (Wed, 10 Mar 2010 16:12:19 GMT)
Kansas City, Mo., school board faces key decision on closing schools, avoiding bankruptcy
KANSAS CITY, Mo. - The Kansas City school board is facing a stark choice: close nearly half its public schools or face a potential bankruptcy. (Wed, 10 Mar 2010 14:33:53 GMT)
Grand Traverse Mall Owners May Emerge From Bankruptcy
Billions of dollars in investments could help the operator of the Grand Traverse Mall emerge from bankruptcy soon. General Growth Properties filed for bankruptcy in 2009. (Wed, 10 Mar 2010 11:00:41 GMT)
Bankruptcy shouldn't affect betting parlor
MERRILLVILLE -- Industry insiders say business should continue as usual at the Merrillville Off-Track Betting facility even though its owners filed for Chapter 11 bankruptcy last weekend. "It should be a seamless event. No one is particularly concerned about it and it will only make the company stronger," Ed Feigenbaum, editor of Indiana Gaming Insight, said of the voluntary filing by ... (Wed, 10 Mar 2010 10:03:25 GMT)
Bankruptcy approved for Westfall in Pike County
A federal judge approved the first municipal bankruptcy filing in state history, reducing the burden of a $20 million lawsuit judgment looming over Westfall Twp., Pike County. Last year the township, with a population of about 2,800, sought Chapter 9 pro (Wed, 10 Mar 2010 09:07:53 GMT)
Several parties object to AHF bankruptcy plan
[Multiple players in the American Housing Foundation bankruptcy filed objections Monday to a plan proposed by a creditors' committee to reorganize the business. (Wed, 10 Mar 2010 08:05:29 GMT)
Placer Fire Equipment files for Chapter 7 bankruptcy
Placer Fire Equipment, a Rancho Cordova-based company that builds fire apparatus for numerous local and state agencies, has filed for Chapter 7 bankruptcy, court records show. (Wed, 10 Mar 2010 04:24:19 GMT)
Legal fallout continues from Coyotes bankruptcy
The battle between the National Hockey League and former Phoenix Coyotes owner Jerry Moyes isn't over yet. The NHL filed a breach of contract lawsuit against Moyes on Friday. It says Moyes violated a number of league agreements when he put the team in bankruptcy last year and then attempted to sell the franchise to Canadian businessman Jim Balsillie. (Tue, 09 Mar 2010 23:03:56 GMT)
Cadillac Distances From GM to Avoid Bankruptcy Stigma (Correct)
(Corrects GM sales gain in fifth paragraph.) March 9 (Bloomberg) -- Cadillac, the luxury brand General Motors Co. acquired in 1909 , is distancing itself from the Detroit-based automaker to avoid the stigma of the parent company’s $50 billion U.S.-backed bankruptcy last year. (Tue, 09 Mar 2010 21:46:19 GMT)
JSC Alliance Wins U.S. Bankruptcy Court Protection (Update1)
March 9 (Bloomberg) -- JSC Alliance Bank , the sixth-largest bank in Kazakhstan by net loans, won bankruptcy court permission to protect itself from U.S. lawsuits and distribute about $500 million to creditors. (Tue, 09 Mar 2010 17:00:42 GMT)
Bankruptcy Filings Keep Rising In Arizona
Bankruptcy filings continue to climb this year across Arizona and the Phoenix metropolitan area. (Tue, 09 Mar 2010 15:05:37 GMT)
4th casino files for bankruptcy protection
Centaur Gaming, the parent company of the Hoosier Park horse track casino in Anderson, announced Monday it would file for bankruptcy reorganization but vowed to continue its gambling operations without interruption. (Tue, 09 Mar 2010 13:50:46 GMT)
Cadillac Distances Itself From GM to Escape Bankruptcy Stigma
March 9 (Bloomberg) -- Cadillac, the luxury brand General Motors Co. acquired in 1909 , is distancing itself from the Detroit-based automaker to avoid the stigma of the parent company’s $50 billion U.S.-backed bankruptcy last year. (Tue, 09 Mar 2010 13:31:17 GMT)
A short sale after bankruptcy is iffy move
You can do a short sale and file for bankruptcy, but the strategy is a minefield fraught with risks. (Tue, 09 Mar 2010 11:00:00 GMT)
Bankruptcy haunts mortgage refinance
Good credit scores aren't helping a couple overcome an old bankruptcy. (Tue, 09 Mar 2010 11:00:00 GMT)
High Court Finds Lawyers and Their Advice Covered by Bankruptcy Reform Law
Consumer bankruptcy lawyers are "debt relief agencies" under a 2005 federal bankruptcy law and restrictions on the type of advice they can give clients are constitutional, the U.S. Supreme Court ruled on Monday. In a challenge brought by a Minnesota law firm, the justices unanimously held that the plain language of the Bankruptcy Abuse Prevention and Consumer Protection Act clearly indicates ... (Tue, 09 Mar 2010 05:58:04 GMT)
Bankruptcy law doesn't restrict free speech, Supreme Court says
A federal law that bars attorneys from telling clients who are contemplating bankruptcy to take on more debt is not an unconstitutional restriction on the free-speech rights of lawyers, the Supreme Court decided Monday. (Tue, 09 Mar 2010 05:00:00 GMT)
Ind., Colo. casino owner files bankruptcy
The company that owns Indiana's Hoosier Park casino and horse track is putting its Colorado casino up for sale as it works to revamp its payments on at least $574 million in debt under its filing for Chapter 11 bankruptcy protection. (Mon, 08 Mar 2010 21:01:18 GMT)
Cing Declares Bankruptcy
The independent Japanese developer Cing has filed for bankruptcy, according to Data-Max (via NeoGAF ). The decision was made due to the company's massive debt, totaling 200 million yen (over 2 million in USD). The small developer is known best in the States for Hotel Dusk: Room 215 , and for their role in developing Little King's Story . Bankruptcy isn't the same as a studio closure, and can ... (Mon, 08 Mar 2010 16:38:16 GMT)
Showdown over Six Flags begins in bankruptcy court
SIXFQ.OB ) take their battle for the theme park operator before a bankruptcy judge on Monday, with the outcome likely hanging on how much debt the company can afford. (Mon, 08 Mar 2010 16:14:38 GMT)
Ind., Colo. casino owner files for bankruptcy
ANDERSON, Ind. -- The company that owns Indiana's Hoosier Park casino and horse track and a Colorado casino has filed for Chapter 11 bankruptcy protection.Centaur LLC says normal operations will cont... (Mon, 08 Mar 2010 16:07:33 GMT)
Valley View Casino Co. Files for Bankruptcy
The company that is trying to bring Valley View Downs & Casino to the New Castle area has filed for Chapter 11 bankruptcy protection. (Mon, 08 Mar 2010 15:57:05 GMT)
Hotel Dusk developer Cing files for bankruptcy
Cing, developer of well-known titles including Little King’s Story, Another Code (Trace Memory), Monster Rancher, and Hotel Dusk, has filed for bankruptcy due to mounting debts it could not pay. The small Japanese developer only had around 30 staff, but managed to produce a number of memorable games on Nintendo’s platforms. Its debts were relatively small, [...] (Mon, 08 Mar 2010 15:28:37 GMT)
Ind., Colo. casino owner files for bankruptcy
The company that owns Indiana's Hoosier Park casino and horse track and a Colorado casino has filed for Chapter 11 bankruptcy protection. Centaur LLC says normal operations will continue at Hoosier Park in Anderson and Fortune Valley Hotel & Casino in Central... Hoosier Park - Indiana - Chapter 11 Title 11 United States Code - Casino - Colorado (Mon, 08 Mar 2010 14:24:49 GMT)
Showdown over Six Flags begins in bankruptcy court
Warring creditors of Six Flags Inc take their battle for the theme park operator before a bankruptcy judge on Monday, with the outcome likely hanging on how much debt the company can afford. (Mon, 08 Mar 2010 14:18:01 GMT)
Ind., Colo. casino owner files for bankruptcy
The company that owns Indiana's Hoosier Park casino and horse track and a Colorado casino has filed for Chapter 11 bankruptcy protection. Centaur LLC says normal operations will continue at Hoosier Park in Anderson and Fortune Valley Hotel & Casino in Central City, Colo., despite Sunday's filing. (Mon, 08 Mar 2010 14:01:00 GMT)
Ind., Colo. casino owner files for bankruptcy
The company that owns Indiana's Hoosier Park casino and horse track and a Colorado casino has filed for Chapter 11 bankruptcy protection. (Mon, 08 Mar 2010 13:55:30 GMT)
Bankruptcy filings in Virginia, Maryland and the District
These companies recently filed with the U.S. Bankruptcy Court's local clerk of court offices. (Mon, 08 Mar 2010 05:00:00 GMT)
River Vale Country Club bankruptcy is latest woe for Bergen developer
The purchase of River Vale Country Club by an Englewood Cliffs developer in 2006 seemed to offer a good deal for the buyer, township and area golfers alike. Just over three years later, the club owner is in bankruptcy and awash in debt. (Sun, 07 Mar 2010 15:04:25 GMT)
Bankruptcy, foreclosure hit Dutch dairy farmers drawn to Toledo area
By GARY T. PAKULSKI BLADE BUSINESS WRITER RINKE OENEMA was about to lose his dairy farm — the dream that brought him six years earlier from the Netherlands to Henry County's Pleasant Township. But he showed no anger, recalled Wayne Wilson, who oversaw the bankruptcy court-supervised auction of Maple Grove Dairy on Dec. 16. Mr. Oenema and his wife, Afke, “had a very high sense of integrity,” Mr ... (Sun, 07 Mar 2010 14:40:58 GMT)
Tribune creditors sue banks, alleging they caused bankruptcy
A group of Tribune Co. creditors has sued the banks behind the publisher's 2007 leveraged buyout, claiming the $8 billion in loans they arranged for the deal doomed the company to bankruptcy. (Sun, 07 Mar 2010 09:28:04 GMT)
Morgan Lane files for bankruptcy
Saturday update Napa-based Morgan Lane Real Estate has filed for Chapter 7 bankruptcy and ceased doing business, a victim of the downturn in the housing market. (Sun, 07 Mar 2010 08:20:50 GMT)
Pocklington bankruptcy fraud trial hits another snag
EDMONTON -- Former Edmonton Oilers owner Peter Pocklington's March 9 trial for bankruptcy fraud is expected to be postponed again. Court documents outlining the reason for the delay have been sealed,... (Sun, 07 Mar 2010 07:56:53 GMT)
Park Meadows owner ends bankruptcy with deal
A real estate investment firm has agreed to put up the money needed to end the bankruptcy protection process for Park Meadows mall’s parent company. (Sun, 07 Mar 2010 06:59:00 GMT)
Mall owner announces plan to exit bankruptcy
The owner of the partially built Elk Grove Promenade Mall has announced plans to emerge from bankruptcy by splitting into two companies. (Sun, 07 Mar 2010 06:16:32 GMT)
Second Snyder-related lawsuit is dismissed in bankruptcy court
A federal bankruptcy judge has dismissed a second suit against banks seeking millions of dollars for victims of the Ponzi scheme run by mortgage broker Wesley A. Snyder. (Sun, 07 Mar 2010 05:13:39 GMT)
Bankruptcy trends spell trouble for NH
There were 505 bankruptcy filings in February, a historic high for that month in New Hampshire. (Sun, 07 Mar 2010 05:04:43 GMT)
Mainland mall operators file for bankruptcy
Operators of Mall of the Mainland, plagued by tenant departures, have filed for Chapter 11 bankruptcy protection. (Sun, 07 Mar 2010 05:01:57 GMT)
Mainland mall operators file for bankruptcy
Operators of Mall of the Mainland, plagued by tenant departures, have filed for Chapter 11 bankruptcy protection. (Sat, 06 Mar 2010 16:46:37 GMT)
Bankruptcy filing shuttering Martinsville’s Hollywood Video
MARTINSVILLE The Hollywood Video in Grand Valley is among the Movie Gallery Inc. locations in Indiana that will close as part of the corporation’s Chapter 11 bankruptcy filin ... (Sat, 06 Mar 2010 15:11:29 GMT)
U.S. Dry Cleaning files for bankruptcy
Hawaii: The parent company of Young Laundry and Caesars Cleaners yesterday filed for bankruptcy in California after finding it couldn't refinance debt that was coming due. U.S. Dry Cleaning Corp. filed for a Chapter 11 reorganization citing assets of $1 million to $10 million and debts between $10 million and $50 million. (Sat, 06 Mar 2010 14:59:28 GMT)
Park Meadows owner ends bankruptcy with deal
A real estate investment firm has agreed to put up the money needed to end the bankruptcy protection process for Park Meadows mall’s parent company. (Sat, 06 Mar 2010 14:14:14 GMT)
No. 1 Contracting files for bankruptcy
The construction company operated by the man who owns the historic Huber Breaker in Ashley has filed for bankruptcy, further clouding the future of the area's most visible reminder of its coal-mining past. Alvin Roman on Thursday filed a Chapter 11 bank (Sat, 06 Mar 2010 09:30:50 GMT)
Penton set to exit bankruptcy, court approves plan
Trade magazine publisher Penton Media Inc. said Friday that it has received court approval of its reorganization plan, clearing the way for the company to emerge from bankruptcy in a few days. The ruling by the U.S. Bankruptcy Court for the Southern District... Bankruptcy - United States bankruptcy court - Penton Media - United States - Law (Fri, 05 Mar 2010 22:55:20 GMT)
Penton Set to Exit Bankruptcy, Court Approves Plan
Penton gets court approval for reorganization plan, to emerge from bankruptcy soon Bankruptcy - Law - Services - Lawyers and Law Firms - Bankruptcy Law (Fri, 05 Mar 2010 22:40:45 GMT)
Penton set to exit bankruptcy, court approves plan
Trade magazine publisher Penton Media Inc. said Friday that it has received court approval of its reorganization plan, clearing the way for the company to emerge from bankruptcy in a few days. (Fri, 05 Mar 2010 22:17:58 GMT)
Detroit Warns of Bankruptcy as It Prepares Bond Sale (Update1)
March 5 (Bloomberg) -- Detroit , the largest U.S. city whose debt is rated below investment grade, warned investors of the risk of bankruptcy as it prepares to sell $250 million of bonds to help close its budget deficit. (Fri, 05 Mar 2010 21:28:32 GMT)
Penton Media Wins Court Approval of Bankruptcy Plan (Update1)
March 5 (Bloomberg) -- Penton Media Inc. , the trade magazine publisher that filed a prepackaged bankruptcy less than a month ago, won court approval of its reorganization plan and intends to exit bankruptcy next week. (Fri, 05 Mar 2010 17:30:34 GMT)
Andersen: 'industry driven to bankruptcy'
In a Q&A session following AP Moller Maersk's 2009 Annual Report presentation yesterday - revealing a USD2.1 billion loss on its container sector - its ceo, Nils Andersen, said, 'effectively the industry had been driven into bankruptcy'. (Fri, 05 Mar 2010 10:23:50 GMT)
Judge OKs bankruptcy
SAN FRANCISCO — A bankruptcy judge approved Affiliated Media Inc.'s reorganization plan Thursday and freed the publisher of The Monterey County Herald and 53 other daily newspapers from most of its debt. (Fri, 05 Mar 2010 09:48:39 GMT)
Salt Lake Tribune parent company Affiliated Media Inc.'s bankruptcy plan approved
SAN FRANCISCO — A bankruptcy judge approved Affiliated Media Inc.'s reorganization plan Thursday and freed the... (Fri, 05 Mar 2010 04:27:28 GMT)
Judge approves MediaNews parent's bankruptcy plan
A bankruptcy judge approved Affiliated Media Inc.'s reorganization plan Thursday and freed the publisher of the San Jose Mercury News and 53 other daily newspapers from most of its debt as it tries to boost its sagging revenue. (Fri, 05 Mar 2010 00:56:43 GMT)
Judge approves MediaNews parent's bankruptcy plan
A bankruptcy judge approved Affiliated Media Inc.'s reorganization plan Thursday and freed the publisher of the San Jose Mercury News and 53 other daily newspapers from most of its debt as it tries to boost its sagging revenue. The confirmation of the... San Jose Mercury News - Newspaper - MediaNews Group - Bankruptcy - Publishing (Thu, 04 Mar 2010 23:40:30 GMT)
End Run Around Lawyers in Tavern Bankruptcy
Saying that five months of wrangling over the legal corpse of Tavern on the Green had accomplished little, a federal judge on Thursday ordered an end to the landmark's bankruptcy reorganization. (Thu, 04 Mar 2010 22:41:07 GMT)
Judge OKs Denver Post's publisher bankruptcy exit
A federal judge has approved Affiliated Media Inc's bankruptcy reorganization plan, clearing the way for the publisher of the Denver Post and San Jose Mercury News to emerge from Chapter 11 protection this month. (Thu, 04 Mar 2010 20:55:01 GMT)
Judge Approves MediaNews Parent's Bankruptcy Plan
Owner of MediaNews and its 54 daily newspapers gains approval of bankruptcy reorganization Newspaper - Denver Post - MediaNews Group - Services - United States (Thu, 04 Mar 2010 20:25:05 GMT)
Judge approves Affiliated Media's bankruptcy plan
A bankruptcy judge has approved the reorganization plan of the company that publishes The Denver Post, San Jose Mercury News and 52 other daily newspapers. (Thu, 04 Mar 2010 19:53:20 GMT)
WaMu bankruptcy hearing delayed, talks continue
The judge in the Washington Mutual bankruptcy case is postponing a hearing as the bank tries to resolve disputes with JPMorgan Chase and the Federal Deposit Insurance Corp. (Thu, 04 Mar 2010 18:32:05 GMT)
Bankruptcy courts bless Nortel's CVAS sale to GENBAND
Another piece in the sad chapter in Nortel's ongoing liquidation came to a close today when the Canadian company got word from both the bankruptcy courts in the U.S. and Canada that they could proceed with the sale of their Carrier VoIP and Application Solutions (CVAS) assets to GENBAND. However, the sale is not a done deal yet. The two companies need approval from Israeli courts. When those ... (Thu, 04 Mar 2010 16:43:54 GMT)
Doctor in Hepatitis-C case declares bankruptcy
All civil trials connected to the Hepatitis-C outbreak are now on hold. The doctor involved in the case. Dr. Dipak Desai, has filed for personal bankruptcy. (Thu, 04 Mar 2010 14:26:14 GMT)
Bankruptcy is this family's business
Red and green numbers kept flickering on a presentation screen as five brothers pointed out credit-card debt, consumer debt, mortgage debt and a ballooning national debt as their father tried to explain why it's patriotic to file for bankruptcy.... (Thu, 04 Mar 2010 14:16:35 GMT)
Bucks builder's bankruptcy halts Upper Saucon home construction
Residents wonder if Orleans Homebuilders' 349-home project will ever be finished One of the largest housing projects under construction in Upper Saucon Township will be put on hold indefinitely because the Bucks County builder has filed for bankruptcy protection. (Thu, 04 Mar 2010 11:51:37 GMT)
5 money jams bankruptcy can fix
In tough economic times, bankruptcy can provide a pathway out of financial distress. However, deciding whether to file can be confusing and daunting. (Thu, 04 Mar 2010 11:36:59 GMT)
5 money jams bankruptcy can fix
Bankruptcy may be the right move if you're facing any of the following situations. (Thu, 04 Mar 2010 11:00:00 GMT)
Bankruptcy court gives General Growth more time
Shopping mall operator General Growth Properties Inc. will have four more months to sort out its exit from Chapter 11 bankruptcy and weigh buyout offers. (Thu, 04 Mar 2010 02:44:33 GMT)
Bankruptcy Court Gives General Growth More Time
Mall owner General Growth gets 4 more months to sort out bankruptcy exit, potential sale Bankruptcy - General Growth Properties - Law - Services - United States (Thu, 04 Mar 2010 02:25:14 GMT)
Magna gets more time, money in bankruptcy case
A Delaware bankruptcy judge on Wednesday granted horse-track owner Magna Entertainment Corp. permission to obtain additional financing and more time to complete a Chapter 11 reorganization plan. (Wed, 03 Mar 2010 23:02:05 GMT)
Greek ministers meet to avert bankruptcy
ATHENS -The Greek government, facing a debt crisis of "wartime" dimensions and fighting to avert bankruptcy, held a special session on Wednesday to launch draconian new budget action. Read more... (Wed, 03 Mar 2010 15:05:18 GMT)
More consumers file for bankruptcy protection
The economic recovery effort has not slowed consumer bankruptcy filings. They surged 14% in February compared with a year earlier. (Wed, 03 Mar 2010 12:57:17 GMT)
Greek ministers meet to avert bankruptcy
The Greek government, facing a debt crisis of "wartime" dimensions and fighting to avert bankruptcy, held a special session on Wednesday to launch draconian new budget action. (Wed, 03 Mar 2010 10:15:43 GMT)
Paper goods retailer Swoozie's files bankruptcy
Swoozie's, a U.S. retailer of luxury gifts and stationery products, filed for bankruptcy protection on Tuesday, saying it was hurt by underperformance of recently acquired stores in the Northeast. (Wed, 03 Mar 2010 00:29:22 GMT)
TPC Sawgrass Marriott files for bankruptcy
PONTE VEDRA BEACH, Fla. (AP) -- The Sawgrass Marriott Golf Resort & Spa, where nearly 300 media gathered last month to report on Tiger Woods' first public appearance since confessing to affairs, has filed for bankruptcy protection. (Tue, 02 Mar 2010 19:49:18 GMT)
Greek PM says sacrifices vital to avert bankruptcy
Greek Prime Minister George Papandreou said on Tuesday his country was fighting for survival against bankruptcy and urged civil servants and pensioners to accept sacrifices to save the debt-burdened nation. (Tue, 02 Mar 2010 18:31:18 GMT)
Greece risks 'bankruptcy' without radical action: PM
Greece risks bankruptcy if it does not take radical extra measures to fix its finances, Prime Minister George Papandreou warned on Tuesday, saying the country was in a "wartime situation." (Tue, 02 Mar 2010 18:29:43 GMT)
TPC Sawgrass Marriott files for bankruptcy
The Sawgrass Marriott Golf Resort & Spa, where nearly 300 media gathered last month to report on Tiger Woods' first public appearance since confessing to affairs, has filed for bankruptcy protection. The Marriott is located down the street from PGA Tour headquarters, and the majority of guests are there to play the TPC Sawgrass. (Tue, 02 Mar 2010 18:03:14 GMT)
Morris Publishing out from bankruptcy protection
Morris Publishing Group said Tuesday that it has emerged from under bankruptcy protection. (Tue, 02 Mar 2010 17:05:22 GMT)
Magna seeks additional bankruptcy financing
Magna Entertainment Corp. says it needs additional debtor-in-possession financing as it works to emerge from Chapter 11 bankruptcy. (Tue, 02 Mar 2010 16:57:47 GMT)
Magna seeks additional bankruptcy financing
Magna Entertainment Corp. says it needs additional debtor-in-possession financing as it works to emerge from Chapter 11 bankruptcy. Ontario-based Magna, the largest horse track owner in the United States, previously reached agreements with a subsidiary of its... United States - Magna Entertainment - Chapter 11 Title 11 United States Code - Debtor in possession - Law (Tue, 02 Mar 2010 16:55:30 GMT)
Morris Publishing out of bankruptcy protection
Morris Publishing Group says it has emerged from bankruptcy protection. (Tue, 02 Mar 2010 16:49:52 GMT)
Morris Publishing out of bankruptcy protection
Morris Publishing Group says it has emerged from bankruptcy protection. A judge last month approved a prepackaged debt restructuring for the Georgia-based publisher of 13 daily newspapers after hearing no objections from creditors. (Tue, 02 Mar 2010 16:49:52 GMT)
Pocklington bankruptcy fraud trial hits another snag
EDMONTON -- Former Edmonton Oilers owner Peter Pocklington's March 9 trial for bankruptcy fraud is expected to be postponed again. Court documents outlining the reason for the delay have been sealed,... (Tue, 02 Mar 2010 16:15:51 GMT)
Xerium plans bankruptcy filing
Xerium Technologies announced this morning it is headed toward restructuring its debt through a Chapter 11 bankruptcy filing after reaching an agreement with a steering committee representing lenders. (Tue, 02 Mar 2010 15:18:52 GMT)
NJ hospital emerges from bankruptcy
PASSAIC — St. Mary's Hospital of Passaic has emerged from a year-long bankruptcy. (Tue, 02 Mar 2010 12:30:39 GMT)
US Fidelis sank as owners got rich, bankruptcy filing shows
The brothers who own Wentzville-based US Fidelis used the company's money to maintain a lavish lifestyle for themselves and their families, according to US Fidelis' filing for bankruptcy on Monday. (Tue, 02 Mar 2010 12:22:02 GMT)
3 options to protect your car in bankruptcy
You can sometimes keep your car in bankruptcy. If not, you may be able to protect part of its value. (Tue, 02 Mar 2010 11:00:00 GMT)
Sawgrass Resort Linked to Tiger Woods Apology Files Bankruptcy
March 2 (Bloomberg) -- The owners of Florida’s Sawgrass Marriott Resort , the site of the U.S. PGA Tour ’s Tournament Players Championship, sought bankruptcy protection from creditors including Goldman Sachs Group Inc. (Tue, 02 Mar 2010 10:16:41 GMT)
Regent Files for Bankruptcy Reorg
Regent Communications, an owner and operator of 62 radio stations in 13 midsized markets, announced Monday (March 1) it has filed for prearranged bankruptcy reorganization after reaching an agreement in principal with its lenders. (Mon, 01 Mar 2010 16:57:31 GMT)
Radio broadcaster Regent files for bankruptcy
Radio-station operator Regent Communications Inc., based in Cincinnati, has filed for Chapter 11 bankruptcy protection. (Mon, 01 Mar 2010 16:40:11 GMT)
Bankruptcy bid put off
Christchurch property developer David Henderson tried to avert a bankruptcy petition at the last minute, a court has been told. (Mon, 01 Mar 2010 16:05:16 GMT)
Fried Frank Expands Bankruptcy and Restructuring Practice
Fried, Frank, Harris, Shriver & Jacobson LLP announced today that Shannon Lowry Nagle has joined the Firm's bankruptcy and restructuring practice as a partner, resident in the New York office. Â Ms. (Mon, 01 Mar 2010 16:01:00 GMT)
MGM Mirage in No Danger of Bankruptcy: Poll
MGM Mirage is is no danger of filing for bankruptcy in 2010, according to the overwhelming majority of readers polled by TheStreet . (Mon, 01 Mar 2010 13:55:43 GMT)
Bankruptcy protection under threat: Abitibi says province's claims endanger efforts
If bankruptcy is a sea of turmoil, the provincial government's environmental claims are far from lifelines that could haul out a struggling AbitibiBowater. (Mon, 01 Mar 2010 12:47:21 GMT)
Bankruptcy courts reject U.K. $3.2B pension claim
Get the latest news alerts: Follow LTW at Twitter. RESEARCH TRIANGLE PARK, N.C. – Bankruptcy courts in the U.S. and Canada have rejected a bid by a British pension plan to claim $3.2 billion from assets being liquidated by telecom gear maker Nortel. (Mon, 01 Mar 2010 11:34:18 GMT)
309 BANKRUPTCY CASES RECORDED IN TAWAU BETWEEN 2005-2009
TAWAU, March 1 (Bernama) -- A total of 309 bankruptcy cases were recorded in Tawau between 2005 and 2009, said Tanjung Batu Assemblywoman, Datuk Hamisa Samad. (Mon, 01 Mar 2010 11:21:15 GMT)
Park Meadows owner ends bankruptcy with deal
A real estate investment firm has agreed to put up the money needed to end the bankruptcy protection process for Park Meadows mall’s parent company. (Mon, 01 Mar 2010 07:03:37 GMT)
Bankruptcy filings
These firms recently filed with the U.S. Bankruptcy Court's local clerk of court offices. (Mon, 01 Mar 2010 05:00:00 GMT)
Bankruptcy case stretches law firm
Since two Lakes Region investment firms abruptly shut their doors last year, dozens of former investors have claimed the closures caused them severe financial strain. Add another name to that list: the law firm handling the companies' bankruptcy case. (Sun, 28 Feb 2010 15:04:55 GMT)
Park Meadows owner ends bankruptcy with deal
A real estate investment firm has agreed to put up the money needed to end the bankruptcy protection process for Park Meadows mall’s parent company. (Sun, 28 Feb 2010 11:07:25 GMT)
Freedom expects to leave bankruptcy by end of March
Freedom Communications Inc., Irvine-based parent of the Appeal-Democrat, should emerge from bankruptcy by the end of March, according to the company's top executives. Interim Chief Executive Burl Osborne and Chief Financial Officer Mark McEachen said... (Sun, 28 Feb 2010 06:32:12 GMT)
Parkside Village apartment complex under fire with bankruptcy, failing inspections
The low-income Parkside Village complex is facing a crisis with bankruptcy and failing inspections. (Sun, 28 Feb 2010 06:25:22 GMT)
Freedom to emerge from bankruptcy by end of March
Freedom Communications Inc., parent company of the Clovis News Journal, Portales News-Tribune and Quay County Sun, should emerge from bankruptcy by the end of March, according to the company’s top executives. Interim Chief Executive Burl Osborne... (Sun, 28 Feb 2010 03:26:46 GMT)
APPCO bankruptcy case nears completion
Local businesses left hanging by last year’s APPCO convenience store bankruptcy number in the dozens, and it looks like they’ll be fortunate to get more than 10 cents for every dollar they were owed. (Sun, 28 Feb 2010 03:26:03 GMT)
Portsmouth seeks bankruptcy help
LONDON (AP) Portsmouth became the first Premier League team to be forced to seek bankruptcy protection from its creditors on Friday, enabling the insolvent business to restructure financially. The bottom club in the world's richest league was placed into administration by the High Court less than two years after winning the F.A. Cup. (Sat, 27 Feb 2010 21:09:04 GMT)
Park Meadows owner ends bankruptcy with deal
A real estate investment firm has agreed to put up the money needed to end the bankruptcy protection process for Park Meadows mall’s parent company. (Sat, 27 Feb 2010 15:37:45 GMT)
Greek PM warns on bankruptcy as crunch looms
The Greek prime minister warned of national bankruptcy Friday unless public spending were slashed as German banks vowed to shun Greek debt and the government was said to be readying a critical bond issue. (Sat, 27 Feb 2010 10:02:51 GMT)
Rough road of bankruptcy
Orlando bankruptcy attorney Anne-Marie Bowen, who works for people who've reached the end of their financial rope. And since the economy went south, there's a lot of work to do. Bowen spoke recently with Sentinel reporter Jim Stratton. (Sat, 27 Feb 2010 03:14:04 GMT)
Catalina Lighting Files for Chapter 11 Bankruptcy Protection
Feb. 26 (Bloomberg) -- Catalina Lighting Inc. , a maker of residential lighting products, filed for bankruptcy protection from creditors blaming the recession. (Fri, 26 Feb 2010 23:15:36 GMT)
Premier League's Portsmouth seeks bankruptcy protection
Portsmouth became the first English Premier League team to seek bankruptcy protection on Friday, enabling the club to cut costs in an effort to stay in business. (Fri, 26 Feb 2010 22:14:14 GMT)
Greek PM warns on bankruptcy as crunch looms
Greece risks bankruptcy unless strict austerity measures are enacted fast to cut its deficit, Prime Minister George Papandreou warned on Friday, while reports said the EU wants even more belt-tightening. (Fri, 26 Feb 2010 18:35:03 GMT)
Premier League's Portsmouth Enters Bankruptcy
Portsmouth becomes 1st Premier League club to seek bankruptcy protection Premier League - Soccer - Sports - Portsmouth FC - England (Fri, 26 Feb 2010 16:58:11 GMT)
Conflict intensifies in Connolly Properties-related bankruptcy cases
PLAINFIELD — A collection of related Chapter 11 bankruptcy cases connected to 15 city apartment properties managed by Connolly Properties Inc., involving real estate valued at tens of millions of dollars, appears to have come down to a matter of just $31. (Fri, 26 Feb 2010 16:32:40 GMT)
Cheetahs & China Club: Times Square Strip Clubs File For Bankruptcy, Blame Financial Crisis
What's Your Reaction? Strip and night clubs in Times Square took a beating this week. Two hot spots, China Club and Cheetahs Gentlemen's Club & Restaurant, are seeking bankruptcy protection and filed for Chapter 11. (Fri, 26 Feb 2010 16:20:52 GMT)
Premier League's Portsmouth enters bankruptcy
Portsmouth became the first Premier League team forced to seek bankruptcy protection from its creditors on Friday, enabling the insolvent business to restructure financially. The bottom club in the world's richest league was placed into administration by the High Court less than two years after winning the FA Cup because Balram Chainrai -- its fourth owner this season -- was unable to clear... (Fri, 26 Feb 2010 16:02:32 GMT)
Premier League's Portsmouth enters bankruptcy
Portsmouth became the first Premier League team forced to seek bankruptcy protection from its creditors on Friday, enabling the insolvent business to restructure financially. (Fri, 26 Feb 2010 16:01:11 GMT)
Premier League's Portsmouth enters bankruptcy
Portsmouth soccer club fan Joyce Tynan shows her support outside Portsmouth Football Club, Portsmouth, England, Friday, Feb. 26, 2010. Portsmouth became the first Premier League team to be forced to seek bankruptcy protection from its creditors on Friday, enabling the insolvent business to restructure financially. (Fri, 26 Feb 2010 15:23:54 GMT)
Premier League's Portsmouth enters bankruptcy
A team in England's top soccer league is seeking bankruptcy protection. (Fri, 26 Feb 2010 11:52:48 GMT)
Premier League's Portsmouth enters bankruptcy
A team in England's top soccer league is seeking bankruptcy protection. Portsmouth became the first team in the world's richest league to seek protection from creditors when it filed on Friday morning and posted a notice on its Web site. "It is my intention to work with the administrator to help sell the business and I hope that will be quick as there is already interest in acquiring... (Fri, 26 Feb 2010 11:02:29 GMT)
CIT Said to Plan First Bond Sale Since Emerging From Bankruptcy
CIT Group Inc., the commercial lender that exited bankruptcy in December, is planning a debt sale using a government program expiring next week, people familiar with the offering said. (Fri, 26 Feb 2010 05:18:51 GMT)
Birch Paper files for bankruptcy protection
Newsprint manufacturer White Birch Paper Co. has filed for bankruptcy protection, citing declining demand for newspapers and the strength of the Canadian dollar. (Thu, 25 Feb 2010 21:32:01 GMT)
Daube Says an EU Bankruptcy Ends ‘Euro Experiment’ (Update1)
Feb. 25 (Bloomberg) -- The bankruptcy of a euro-region country or a nation’s exit from the bloc would spell the end of European monetary union, Carl Heinz Daube , head of Germany’s debt agency, told a conference in London. (Thu, 25 Feb 2010 16:25:00 GMT)
VitalMedix files for Chapter 7 bankruptcy
VitalMedix, a company spun out of the University of Minnesota, suffered a sorry fate and filed for Chapter 7 bankruptcy earlier this week, the company’s president and CEO confirmed. (Thu, 25 Feb 2010 15:37:11 GMT)
(AFX UK Focus) 2010-02-25 14:56 UPDATE 1-Station Casinos may exit bankruptcy in summer
NEW YORK, Feb 25 (Reuters) - Station Casinos, which filed for bankruptcy in July 2009, said on Thursday it had reached a deal with its key lenders that may allow it to emerge from the court process this summer. Members of the casino's founding family, including co-owner and Chief Executive Frank Fertitta and his brother Lorenzo Fertitta, will make an equity investment in the company under the ... (Thu, 25 Feb 2010 15:27:37 GMT)
General Growth says it will split in plan to exit bankruptcy
Canadian investor will help mall owner out of bankruptcy General Growth Properties, owner of most shopping malls in the Baltimore area and a number of prime properties in Columbia, announced Wednesday that it plans to split into two companies and has negotiated a $2.6 billion investment from a Canada-based company as part of a plan to exit bankruptcy. (Thu, 25 Feb 2010 15:18:31 GMT)
Trump to testify this morning in Atlantic City casino bankruptcy fight
CAMDEN - Celebrity CEO Donald Trump will testify this morning in his high-stakes bankruptcy battle with fellow billionaire Carl Icahn for control of the Trump Entertainment Resorts Inc. casinos. (Thu, 25 Feb 2010 14:25:10 GMT)
Daube Says Any EU Bankruptcy, Exit Would End European Union
Feb. 25 (Bloomberg) -- The bankruptcy of a European Union nation or an exit from the euro would be the end of the European Union, Carl Heinz Daube, head of Germany’s debt agency, told a conference organized by Euromoney in London. (Thu, 25 Feb 2010 12:36:36 GMT)
General Growth's bankruptcy plan: Sell 30% of company
General Growth Properties unveiled a plan yesterday to exit from bankruptcy that would split the company in two. ... (Thu, 25 Feb 2010 05:21:00 GMT)
General Growth reaches deal to exit bankruptcy
The nation's second-largest shopping mall operator, General Growth Properties, said it reached a deal with Brookfield Asset Management that would speed its exit from Chapter 11 bankruptcy protection. (Thu, 25 Feb 2010 05:00:00 GMT)
China Club Blames Lehman Job Cuts for Its Bankruptcy (Update3)
Feb. 24 (Bloomberg) -- China Club , a New York nightclub, filed for bankruptcy protection, saying job cuts at Lehman Brothers Holdings Inc. hurt its business. (Thu, 25 Feb 2010 01:56:17 GMT)
General Growth inks deal to exit bankruptcy
The nation's second-largest shopping mall operator, General Growth Properties Inc., said Wednesday it reached a deal with Canada's Brookfield Asset Management Inc. that will speed its exit from Chapter 11 bankruptcy protection. (Thu, 25 Feb 2010 01:46:01 GMT)
Fiddler’s Creek files Chapter 11 bankruptcy protection
Fiddler’s Creek LLC has filed for Chapter 11 bankruptcy.Fiddler's Creek filed for bankruptcy protection Feb. 23 in the Middle District of Florida. The move is meant to "preserve the substantial equity that exists in the 4,000-acre luxury residential development," according to the developer.Gulf Bay Inc., an investment affiliate, has agreed to provide a $25 million loan to the developer.Fiddler's ... (Wed, 24 Feb 2010 16:34:00 GMT)
Jupiter mayoral candidate filed for bankruptcy in 1999, convicted of DUI in 1995
Jupiter mayoral candidate filed for bankruptcy in 1999, convicted of DUI in 1995 (Wed, 24 Feb 2010 14:45:02 GMT)
Tulsa’s Penloyd files Chapter 7 bankruptcy
A year after shutting its doors, Tulsa manufacturer Penloyd LLC has filed for Chapter 7 bankruptcy, or liquidation.The retail-fixture manufacturing business shut down in January 2009 and laid off 187 people.According to a filing in U.S. Bankruptcy Court for the Northern District of Oklahoma, Penloyd has no assets and is more than $15 million in debt.The company or its predecessors operated in ... (Wed, 24 Feb 2010 11:22:47 GMT)
Everett waterfront: Bankruptcy puts condos in doubt, other work under way
The Port of Everett’s partner for a $400 million redevelopment filed for bankruptcy protection last year, shutting down construction plans for the first of some 660 waterfront condominiums. (Wed, 24 Feb 2010 07:51:22 GMT)
GM roaring out of bankruptcy
General Motors has invested $1.4B in more than a dozen plants and created about 5,500 jobs since emerging from bankruptcy court in July. The investment and job moves are a stark contrast to last year, when GM shed factories, implemented unprecedented production cuts and slashed thousands of jobs in bankruptcy. (Wed, 24 Feb 2010 06:19:54 GMT)
Bankruptcy protection filed over luxury condominiums
The developer of the French Renaissance-style condos at Providence and Sharon Amity roads has filed for bankruptcy protection, three weeks after its lender started foreclosure. (Wed, 24 Feb 2010 06:03:30 GMT)
High-profile condos in bankruptcy protection
CHARLOTTE, N.C. -- The developer of the French Renaissance-style condos at Providence and Sharon Amity roads has filed for bankruptcy protection, three weeks after its lender started foreclosure. The high-profile Rosewood Condominiums, started in 2005, pushed the limits of the Charlotte luxury market, touting amenities such as concierge service, massage rooms and a putting green. The 134 condos ... (Wed, 24 Feb 2010 05:03:46 GMT)
Bankruptcy court is the latest venue in the Trump-Icahn Atlantic City battle
Billionaires Donald Trump and Carl Icahn took their fight for the Trump-branded hotel-casinos to bankruptcy court yesterday, with a quarter of Atlantic City's 11 gaming sites at stake. (Wed, 24 Feb 2010 02:56:00 GMT)
Chemtura Wins Right to Control Bankruptcy Until June (Update2)
Feb. 23 (Bloomberg) -- Chemtura Corp. can keep control over its bankruptcy until June, as it grapples with more than 10,000 claims, many involving lawsuits over environmental liability and a chemical used to flavor popcorn. (Tue, 23 Feb 2010 20:56:06 GMT)
Va. entrepreneur faces fraud charges, bankruptcy
When Virginia steakhouse owner Osama El-Atari disappeared last year, he left behind a $3.8 million McMansion, a few splashy sports cars and a bunch of banks that said he cheated them out of about $60 million. Authorities had thought El-Atari skipped the... Bankruptcy - Virginia - Fraud - United States - Law (Tue, 23 Feb 2010 19:54:50 GMT)
Everett waterfront: Bankruptcy puts condos in doubt, other work under way
The Port of Everett’s partner for a $400 million redevelopment filed for bankruptcy protection last year, shutting down construction plans for the first of some 660 waterfront condominiums. (Tue, 23 Feb 2010 16:51:22 GMT)
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