101 bankruptcy Online Bankruptcy Resources
Home Bankruptcy Guide Bankruptcy Resources Links About
Bankruptcy News Archive
Apr 2015 | Mar 2015 | Feb 2015 | Jan 2015 | Dec 2014 | Nov 2014 | Oct 2014 | Sep 2014 | Aug 2014 | Jul 2014 | Jun 2014 | May 2014 | Apr 2014 | Mar 2014 | Feb 2014 | Jan 2014 | Dec 2013 | Nov 2013 | Oct 2013 | Sep 2013 | Aug 2013 | Jul 2013 | Jun 2013 | May 2013 | Apr 2013 | Mar 2013 | Feb 2013 | Jan 2013 | Dec 2012 | Nov 2012 | Oct 2012 | Sep 2012 | Aug 2012 | Jul 2012 | Jun 2012 | May 2012 | Apr 2012 | Mar 2012 | Feb 2012 | Jan 2012 | Dec 2011 | Nov 2011 | Oct 2011 | Sep 2011 | Aug 2011 | Jul 2011 | Jun 2011 | May 2011 | Apr 2011 | Mar 2011 | Feb 2011 | Nov 2010 | Oct 2010 | Sep 2010 | Aug 2010 | Jul 2010 | Jun 2010 | May 2010 | Apr 2010 | Mar 2010 | Feb 2010 | Jan 2010 | Dec 2009 | Nov 2009 | Oct 2009 | Sep 2009 | Aug 2009 | Jul 2009 | Jun 2009 | May 2009 | Apr 2009 | Mar 2009 | Feb 2009 | Jan 2009 | Dec 2008 | Nov 2008 | Oct 2008 | Sep 2008 | Aug 2008 | Jul 2008 | Jun 2008 | May 2008 | Apr 2008 | Mar 2008 | Feb 2008 | Jan 2008 | Dec 2007 | Nov 2007 | Oct 2007 | Sep 2007 | Aug 2007 | Jul 2007 | Jun 2007 | May 2007 | Apr 2007 | Mar 2007 | Feb 2007 | Jan 2007 | Dec 2006 | Nov 2006 | Oct 2006 | Sep 2006 | Aug 2006 | Jul 2006

Home > Bankruptcy News

Bankruptcy News Jan 2007

Previous 1 2

Tiger Aircraft Files for Bankruptcy
(AP) CHARLESTON, W.Va. An Eastern Panhandle aircraft maker once hailed as a cornerstone of the state's blossoming aircraft industry will be liquidated in bankruptcy. (Tue, 23 Jan 2007 19:03:02 GMT)

Judge suspends Adelphia bankruptcy reorganization plan
NEW YORK - A federal judge suspended the effect of a bankrutpcy judge's approval of Adelphia's $15 billion bankruptcy reorganization plan Wednesday so she can review it. U.S. District... (Wed, 24 Jan 2007 17:30:35 GMT)

Adelphia's Bankruptcy Exit Plan Delayed by Judge (Update5)
Jan. 24 (Bloomberg) -- Adelphia Communications Corp., once the fifth-largest cable television company in the U.S., can't move ahead with its $15 billion plan to pay creditors and exit bankruptcy protection, a judge ruled. (Wed, 24 Jan 2007 20:04:21 GMT)

Judge suspends Adelphia bankruptcy reorganization plan
A federal judge blocked Adelphia's $15 billion reorganization plan Wednesday, saying bondholders had shown a "substantial possibility" of showing a bankruptcy judge had made mistakes in approving the plan. (Wed, 24 Jan 2007 20:56:00 GMT)

Rennie Petroleum files for bankruptcy
Rennie Petroleum Co., a convenience-store chain, has filed for reorganization under federal bankruptcy law. Rennie, which started in 1985 with a single West Broad Street service station, has 24 stores, compared with a peak of 40 in the mid-1990s. (Thu, 25 Jan 2007 03:12:04 GMT)

Judge Blocks Adelphia?s Plan to Emerge From Bankruptcy
A federal judge blocked Adelphia from moving ahead with its $15 billion plan to emerge from bankruptcy protection. (Thu, 25 Jan 2007 04:01:48 GMT)

Developer seeks bankruptcy
BELCHERTOWN - The developer of a golf course and condominium project on Chauncey Walker Street has filed for Chapter 11 bankruptcy reorganization status, which resulted in postponing the foreclosure auction of the property that was scheduled for yesterday. (Thu, 25 Jan 2007 09:12:31 GMT)

Roseville / Cancer center files for bankruptcy
The Parker Hughes Cancer Center filed for bankruptcy protection Tuesday — the latest blow for a center that has lost the support of two major insurers and the services of its chief doctor while the state medical board investigated his practices. (Thu, 25 Jan 2007 09:15:02 GMT)

Judge suspends Adelphia bankruptcy reorganization plan
A federal judge blocked Adelphia's $15 billion reorganization plan Wednesday, saying bondholders had shown a "substantial possibility" of showing a bankruptcy judge had made mistakes in approving it. (Thu, 25 Jan 2007 09:20:41 GMT)

Developer files for bankruptcy
BELCHERTOWN - The developer of a golf course and condominium project on Chauncey Walker Street has filed for Chapter 11 bankruptcy reorganization status, which resulted in postponing the forecloseure auction of the property that was scheduled for yesterday. (Thu, 25 Jan 2007 09:43:10 GMT)

Judge suspends Adelphia bankruptcy reorganization
A federal judge blocked Adelphia's $15 billion reorganization plan Wednesday, saying bondholders demonstrated a "substantial possibility" of showing a bankruptcy judge had made mistakes in approving it. (Thu, 25 Jan 2007 10:13:32 GMT)

Collins & Aikman bankruptcy hearing set for April
CHICAGO, Jan 25 (Reuters) - A bankruptcy judge on Thursday set a confirmation hearing for April 19 on Collins & Aikman Corp.'s plan to sell its remaining U.S. auto parts units within months and distribute the proceeds to creditors. (Thu, 25 Jan 2007 21:24:06 GMT)

Court Ruling Keeps Adelphia Bondholders In Bankruptcy Limbo
Court Ruling Keeps Adelphia Bondholders In Bankruptcy Limbo (Thu, 25 Jan 2007 21:34:11 GMT)

Rennie Petroleum Files for Bankruptcy
RICHMOND, Va. -- Rennie Petroleum Co. has filed for reorganization under federal bankruptcy law. Started in 1985 with a single service station, Rennie's now has 24 convenience stores, compared with a peak of 40 in the mid-1990s. (Fri, 26 Jan 2007 06:09:54 GMT)

Denver, L.A. object to Delta's bankruptcy disclosure statement
ATLANTA - The city of Los Angeles said in a bankruptcy court filing Thursday that Delta Air Lines Inc.'s reorganization plan can't be approved because of undue authority it gives the company to reject certain leases. The city made the comments in an objection to the disclosure statement to Delta's reorganization plan. Denver; Palm Beach County, Fla.; the operator of a Puerto Rico airport; an ... (Fri, 26 Jan 2007 07:11:46 GMT)

Creditors committee in diocese bankruptcy case seeks to hire law firm
DAVENPORT, Iowa (AP) - A creditors committee in the Roman Catholic Diocese of Davenport bankruptcy case has asked the court for permission to hire a California law firm. (Fri, 26 Jan 2007 07:33:12 GMT)

Stuart P. Gelberg, Garden City, NY Bankruptcy Attorney Twice Quoted by Newsday, Long Island's Leading Newspaper
Stuart P. Gelberg, Garden City, NY bankruptcy attorney twice quoted by Newsday, Long Island's leading newspaper. (PRWeb Jan 26, 2007) Post Comment:Trackback URL: http://www.prweb.com/zingpr.php/ (Fri, 26 Jan 2007 08:17:01 GMT)

Mexican national indicted for bankruptcy fraud
KANSAS CITY, Mo. – Bradley J. Schlozman, United States Attorney for the Western District of Missouri, announced that a Mexican national was indicted by a federal grand jury today for bankruptcy fraud and misusing a Social Security account number. (Fri, 26 Jan 2007 09:01:22 GMT)

Stuart P. Gelberg, Garden City, NY Bankruptcy Attorney Twice Quoted by Newsday, Long Island's Leading Newspaper
Garden City, NY (PRWeb) January 26, 2007 -- Newsday ran an article in its Business Section reporting on the amendments to the United States Bankruptcy Laws one year after their effective date, (They're Filing In. (Fri, 26 Jan 2007 12:00:00 GMT)

A Viable Alternative to Bankruptcy
(ARA) - If you're carrying thousands of dollars in credit card debt, struggling to pay the rent every month and getting calls from collections agencies, you might be considering bankruptcy. Yet for almost all circumstances, a good financial advisor will tell you that's the last thing you should do. (Fri, 26 Jan 2007 12:00:52 GMT)

Memorial Park’s owner files Chapter 11 bankruptcy
The owner of four Arkansas cemeteries, including Pine Bluff’s Memorial Park on Dollarway Road, filed for Chapter 11 bankruptcy in his home state of Oklahoma the day before a hearing to decide whether the state of Tennessee can take over his businesses, which include funeral homes in Michigan and Tennessee. (Fri, 26 Jan 2007 16:44:23 GMT)

Sugar Land attorney indicted for bankruptcy fraud
Jose Antonio Villalon, 58, has been charged in connection with an alleged scheme to conceal assets and defraud a trustee appointed to oversee the administration of a bankruptcy estate and his creditors. (Fri, 26 Jan 2007 21:08:08 GMT)

Yellow Duck Owner Files For Bankruptcy Protection
The owner of a Green Township swim club files for personal bankruptcy. Leonard McGarvey, who operates Yellow Duck Park, is seeking protection under chapter 13 of the bankruptcy laws. It would allow McGarvey to keep his property while paying his debts over time. (Sat, 27 Jan 2007 03:40:22 GMT)

Bankruptcy hurts small publishers
SAN FRANCISCO, Jan. 28 (UPI) -- The bankruptcy of Publishers Group West, a book distributor based in California, is a major headache for small publishers. (Sun, 28 Jan 2007 06:48:53 GMT)

Business roundup
Northwest Airlines took a hit this week as it disclosed in its bankruptcy filings that unsecured claims might hit $9.5 billion. The Mosaic Co. shares dipped as several analysis adjusted their earnings estimates or ratings. Eschelon Telecom shares hit a 52-week high after the company picked up a favorable Wall Street coverage. Large cap (Market cap greater than $1 billion) Last Weekly Avg. 5-day ... (Sun, 28 Jan 2007 07:16:34 GMT)

Bankruptcy hurts small publishers
The bankruptcy of Publishers Group West, a book distributor based in California, is a major headache for small publishers. The shutdown deprives imprints like McSweeney's and Parallax Press of the company that helped them get their books into major chains, the San Francisco Chronicle reported. (Sun, 28 Jan 2007 07:47:36 GMT)

Protections for redwoods reaffirmed
SACRAMENTO — Gov. Arnold Schwarzenegger's administration pledged to fight any attempt to ease protections for old coastal redwoods that could be threatened by a timber company's bankruptcy filing. (Sun, 28 Jan 2007 08:36:24 GMT)

A Viable Alternative to Bankruptcy
(ARA) - If you're carrying thousands of dollars in credit card debt, struggling to pay the rent every month and getting calls from collections agencies, you might be considering bankruptcy. Yet for almost all circumstances, a good financial advisor will tell you that's the last thing you should do. (Sun, 28 Jan 2007 10:33:36 GMT)

Small Publishers Hit Hard By Bankruptcy
"More than 130 independent publishers across the country were hurled into financial crisis on Dec. 29 with the bankruptcy of the parent company of Publishers Group West, the Berkeley firm that distributes books from much of the small press world... (Sun, 28 Jan 2007 16:58:20 GMT)

Comair's attempts to reach labor deals
Timeline for events tied to Comair's plan to emerge from bankruptcy. (Sun, 28 Jan 2007 19:36:25 GMT)

EarthShell files for bankruptcy
After losing more than $331 million during its 14 years of operations, EarthShell Corp. has filed for Chapter 11 bankruptcy protection. (Mon, 29 Jan 2007 06:26:14 GMT)

WGI bounces back from bankruptcy
Five years ago, as his company emerged from a headline-grabbing bankruptcy — the second in six years — Steve Hanks, Washington Group International's president and CEO, conceded the Boise company's name would be tarnished. (Mon, 29 Jan 2007 07:07:24 GMT)

Bankruptcy hurts small publishers
The bankruptcy of Publishers Group West, a book distributor based in California, is a major headache for small publishers. The shutdown deprives imprints like McSweeney's and Parallax Press of the company that helped them get their books into major chains, the San Francisco Chronicle reported. But the company also filed for bankruptcy protection while it was holding revenues from sales from the ... (Mon, 29 Jan 2007 09:44:29 GMT)

Owens Corning: Think Pink to Stuff Your Wallet With Green
Todd Sullivan submits: Owens Corning is another company that recently emerged from the desolate wasteland of asbestos bankruptcy. OC emerged in Nov. 2006 and its shares, after an initial run, have settled around $28-$30 a share. (Mon, 29 Jan 2007 10:44:29 GMT)

Infineon sees BenQ-related charges at 10 mln eur
FRANKFURT, Jan 29 (Reuters) - Infineon will book charges of around 10 million euros ($13 million) in relation to the bankruptcy in Germany of its former major customer BenQ Mobile , its chief financial officer said on Monday. (Mon, 29 Jan 2007 11:08:07 GMT)

NWA Shareholders Press Bankruptcy Payout
A minority shareholder in Northwest Airlines Corp. is demanding that managers stop pursuing a bankruptcy reorganization that would leave shareholders with nothing, according to a letter filed with regulators on Monday. (Mon, 29 Jan 2007 17:26:36 GMT)

Northwest shareholders press payment in bankruptcy
MINNEAPOLIS -- A minority shareholder in Northwest Airlines Corp. is demanding that managers stop pursuing a bankruptcy reorganization that would leave shareholders with nothing,... (Mon, 29 Jan 2007 17:52:20 GMT)

Delta creditors want bankruptcy hearing postponed
An unofficial group of Delta Air Lines creditors wants to postpone a Feb. 7 bankruptcy hearing so creditors can take a closer look at a $9.87 billion offer from US Airways Group Inc. to buy the carrier. (Mon, 29 Jan 2007 18:16:20 GMT)

Air America Avoids Bankruptcy; "Senator" Al Franken To Leave
AP - Air America Radio, in Chapter 11 bankruptcy proceedings since October, will be rescued at the 11th hour by Manhattan real estate developer Stephen L. Green. (Mon, 29 Jan 2007 19:42:14 GMT)

Northwest Shareholders Press Payment In Bankruptcy
(AP) A minority shareholder in Northwest Airlines is demanding that managers stop pursuing a bankruptcy reorganization that would leave shareholders with nothing. In a letter to Northwest Chairman Gary Wilson, Jeffrey Altman accuses the company of breaching its duty to look out for shareholders’ financial interests. The letter was filed with regulators Monday. (Mon, 29 Jan 2007 23:05:06 GMT)

Creditors committee in diocese bankruptcy case seeks to hire law firm
DAVENPORT, Iowa (AP) - A creditors committee in the Roman Catholic Diocese of Davenport bankruptcy case has asked the court for permission to hire a California law firm. (Tue, 30 Jan 2007 09:44:06 GMT)

St. James Credit Company creditors seek their money, bankruptcy petition filed
An involuntary Chapter 7 bankruptcy petition against the St. James Credit Company, 318 North Jefferson St., St. James, Mo., was filed Jan. 19, 2007, in the United States Bankruptcy Court, Eastern District of Missouri, in St. Louis. (Tue, 30 Jan 2007 11:32:56 GMT)

Delta secures $2.5 billion in bankruptcy exit financing
Delta Air Lines Inc., the nation's third-largest carrier, said it has obtained a commitment for $2.5 billion in exit financing as part of its plan to emerge from bankruptcy by the middle of this year as a standalone company. (Tue, 30 Jan 2007 15:13:02 GMT)

Delta gains bankruptcy financing
Delta obtains a commitment of $2.5bn in bankruptcy exit financing from a number of major institutions. (Tue, 30 Jan 2007 18:16:51 GMT)

Delta gets $2.5 billion to exit bankruptcy
Delta Air Lines Inc. said Tuesday it has commitments from six major banks for $2.5 billion in exit financing as it aims to emerge from bankruptcy protection independently. (Tue, 30 Jan 2007 18:28:12 GMT)

US Air: No Bid If Delta Emerges From Bankruptcy
PHOENIX (AP) -- U-S Airways C-E-O Doug Parker said Tuesday that he will not pursue a hostile bid for Delta Air Lines if it emerges from bankruptcy. (Wed, 31 Jan 2007 00:24:22 GMT)

Incubator battles back from bankruptcy
The First Flight Venture Center has battled back from a financial scandal that dried up its state funding and pushed it into bankruptcy. (Wed, 31 Jan 2007 06:16:05 GMT)

Delta says it has financing to exit bankruptcy
Delta Air Lines Inc., the nation's third-largest carrier, said Tuesday it has obtained a commitment for $2.5-billion in exit financing as part of its plan to emerge from bankruptcy by the middle of this year as a standalone company. (Wed, 31 Jan 2007 06:20:15 GMT)

US Airways CEO says he won't chase Delta if it emerges from bankruptcy
US Airways CEO Doug Parker said Tuesday he would not pursue a hostile bid for Delta Air Lines if it emerges from bankruptcy. "We've got a company to run," Parker said in a conference call with reporters. "We're not going to keep chasing this thing, even though we've got a bunch of people telling us we should." (Wed, 31 Jan 2007 06:44:44 GMT)

Bid off if Delta exits bankruptcy
PHOENIX· US Airways CEO Doug Parker said Tuesday he would not pursue a hostile bid for Delta Air Lines if it emerges from bankruptcy. (Wed, 31 Jan 2007 08:14:43 GMT)

Creditors committee in diocese bankruptcy case seeks to hire law firm
DAVENPORT, Iowa (AP) - A creditors committee in the Roman Catholic Diocese of Davenport bankruptcy case has asked the court for permission to hire a California law firm. (Wed, 31 Jan 2007 10:34:08 GMT)

US Airways chief won't pursue Delta if it emerges from bankruptcy
Delta Air Lines creditors had better hurry if they want to fly out of Chapter 11 on US Airways. US Airways CEO Doug Parker said his buyout offer expires for good once Delta emerges from bankruptcy protection. The... (Wed, 31 Jan 2007 11:00:45 GMT)

US Airways chief won't pursue Delta if it emerges from bankruptcy
PHOENIX - US Airways CEO Doug Parker said Tuesday he would not pursue a hostile bid for Delta Air Lines if it emerges from bankruptcy. (Wed, 31 Jan 2007 12:27:40 GMT)

US Airways will abandon bid if Delta exits bankruptcy
PHOENIX - US Airways CEO Doug Parker said Tuesday he would not pursue a hostile bid for Delta Air Lines if it emerges from bankruptcy. "We've got a company to run," Parker said in a conference call with reporters. (Wed, 31 Jan 2007 13:56:47 GMT)

US Airways chief won't pursue Delta if it emerges from bankruptcy
Delta Air Lines creditors had better hurry if they want to fly out of Chapter 11 on US Airways. US Airways CEO Doug Parker said his buyout offer expires for good once Delta emerges from bankruptcy protection. (Wed, 31 Jan 2007 16:17:51 GMT)

Delta creditors approve plan to emerge from bankruptcy; US Airways withdraws bid
ATLANTA -- US Airways dropped its hostile $9.8 billion bid for Delta on Wednesday after Delta's creditors threw their support behind the airline's plan to emerge from bankruptcy on its own. (Wed, 31 Jan 2007 18:17:42 GMT)

Chit Chat America files Chapter 11 bankruptcy
Chit Chat America LLC, a Wichita-based cell phone retailer, filed for Chapter 11 bankruptcy on Monday. (Wed, 31 Jan 2007 22:11:15 GMT)

Guitar Center Receives Bankruptcy Court Approval to Acquire Substantially All the Assets of The Woodwind & The Brasswind
WESTLAKE VILLAGE, Calif.----Guitar Center, Inc. today announced that the United States Bankruptcy Court for the Northern District of Indiana has approved the acquisition of substantially all of the assets of The Woodwind & The Brasswind by the Company's Musician's Friend, Inc. subsidiary for approximately $29.9 million. (Wed, 31 Jan 2007 23:38:00 GMT)

Previous 1 2


Home Bankruptcy Guide Bankruptcy Resources Links About
© Copyright 101Bankruptcy.com. All rights reserved.