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 Mar 2007

1 2 Next

Catholic Diocese has time to make plans in wake of bankruptcy filing
The bankruptcy proceedings for the Catholic Diocese of San Diego could last several years as it tries to resolve litigation surrounding the church's sexual abuse scandal. (Thu, 01 Mar 2007 02:07:21 GMT)

Is Bankruptcy Guru Harvey Miller Resuming Legal Practice?
Harvey Miller, widely considered to be the dean of bankruptcy attorneys, is said to be thinking of leaving his post as vice chairman of investment bank Greenhill & Co. and returning to law practice. Some say Miller may want to rejoin Weil, Gotshal & Manges, which he helped to build into a bankruptcy powerhouse by leading the business finance and restructuring department for more than 30 years. ... (Thu, 01 Mar 2007 05:10:14 GMT)

Brewery dealings leave man in bankruptcy
Business dealings with the owner of the former Miller brewery in Tumwater have forced a Kentucky bank executive into bankruptcy proceedings, court records show. (Thu, 01 Mar 2007 07:49:51 GMT)

Bishop urged to rethink bankruptcy
Advocates for alleged molestation victims call for San Diego diocese to try to settle lawsuits rather than proceed with its court filing. SAN DIEGO — Advocates for people who say they were sexually abused by Catholic priests here urged Bishop Robert Brom on Wednesday to try to settle their lawsuits rather than proceed with the diocese's bankruptcy case. (Thu, 01 Mar 2007 08:15:16 GMT)

Real estate battle key in diocese bankruptcy
March 1 (UNION-TRIBUNE): Serving the spiritual needs of 980,000 Roman Catholics, the Diocese of San Diego says it has 98 parishes, 16 missions, 43 elementary schools and three high schools. Yet in bankruptcy documents filed yesterday in the long-running priest sex-abuse scandal, church officials claim the diocese owns about $96 million in property. (Thu, 01 Mar 2007 12:34:40 GMT)

Ski Area To File For Bankruptcy
Ragged Mountain ski resort owners were expected to file for bankruptcy Thursday and maybe stop a planned auction -- at least for now. (Thu, 01 Mar 2007 15:36:00 GMT)

Bankruptcy judge approves loan to finish homes in one Kara development
Workers will finish building homes, including those that have contracts, at Kara Homes Inc.'s Kara at Mount Arlington development in Morris County after a judge approved a loan to pay for it this morning. Bankruptcy Court Judge Michael Kaplan today approved a $2.85 million loan from WCP Real Estate Strategies Fund, a lender who took over $21.6 million owed by Kara to North Fork Bank, which ... (Thu, 01 Mar 2007 18:32:37 GMT)

Comair may emerge from bankruptcy
CINCINNATI (AP) -- Approval of a tentative labor deal by Comair pilots would put the Delta Air Lines Inc. subsidiary a giant step closer toward emerging from bankruptcy. Analysts say even if that happens, the regional airline faces challenges competing for Delta business. (Thu, 01 Mar 2007 21:26:24 GMT)

Norman Regional Will Take Over Moore Hospital: Federal Bankruptcy Judge Accepts $34.25 Million Bid
By Jane Glenn Cannon, The Daily Oklahoman Mar. 1--NORMAN -- Norman Regional Health System takes possession of Moore's hospital today. Federal bankruptcy Judge T.W. (Fri, 02 Mar 2007 02:12:07 GMT)

Swedish Airline to File for Bankruptcy
Swedish budget airline FlyMe said Friday it would file for bankruptcy and seized operations immediately, affecting hundreds of passengers. (Fri, 02 Mar 2007 03:34:37 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, 02 Mar 2007 05:32:07 GMT)

San Diego diocese files bankruptcy protection to put off going to trial in abuse cases
SAN DIEGO (AP) -- The Roman Catholic Diocese of San Diego filed for bankruptcy protection late Tuesday to put off going to trial in more than 140 civil lawsuits alleging sexual abuse by priests. (Fri, 02 Mar 2007 06:30:02 GMT)

Bankruptcy filings increase in area
Bankruptcies filed in Toledo, covering a 21-county northwest Ohio territory, were up 143 percent in the first two months of 2007 but still were down strongly from years prior to reforms that made it tougher to file for bankruptcy. (Fri, 02 Mar 2007 11:36:27 GMT)

Sweden's FlyMe files for bankruptcy
Swedish budget airline FlyMe halted operations with immediate effect and will file for bankruptcy, the company said Friday a move affecting thousands of passengers. (Fri, 02 Mar 2007 13:26:48 GMT)

How to beat bankruptcy
Facing bankruptcy can be a terrifying experience for a franchisee or small business owner. But it's not uncommon - and it's not hopeless either. (Fri, 02 Mar 2007 17:19:13 GMT)

Bankruptcy Hearing Set for San Diego Diocese
Another bankruptcy hearing is scheduled for next Wednesday in the San Diego Diocese sex abuse scandal. (Fri, 02 Mar 2007 17:38:53 GMT)

Northwest Airlines Asks For Bankruptcy Extension
Northwest Airlines Corp. asked its bankruptcy judge to extend the period during which it alone can propose a reorganization plan. More Business News (Fri, 02 Mar 2007 20:59:00 GMT)

Northwest Airlines asks for bankruptcy extension
Northwest Airlines Corp. asked its bankruptcy judge to extend the period during which it alone can propose a reorganization plan. A motion filed Friday in U.S. Bankruptcy Court in New York asked that the so-called exclusivity period be extended to June 29, 2007. It is due to expire March 16. Currently, only Northwest can propose a reorganization plan, which it did on Jan. 12. After the ... (Fri, 02 Mar 2007 21:01:17 GMT)

Northwest Airlines Asks For Bankruptcy Extension
(AP) Northwest Airlines has asked its bankruptcy judge to extend the period during which it alone can propose a reorganization plan. A motion filed in U.S. Bankruptcy Court in New York asks that the so-called exclusivity period be extended to June 29th. It’s due to expire March 16th. (Fri, 02 Mar 2007 21:19:35 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, 02 Mar 2007 21:48:20 GMT)

Kahuku Hospital files for bankruptcy
Staggering under the weight of its unpaid bills, Kahuku Hospital has filed for Chapter 11 bankruptcy. (Fri, 02 Mar 2007 23:39:50 GMT)

Northwest Airlines asks for bankruptcy extension
MINNEAPOLIS Northwest Airlines has asked its bankruptcy judge to extend the period during which it alone can propose a reorganization plan. (Fri, 02 Mar 2007 23:59:28 GMT)

Lawyers getting ready for bankruptcy boom
Business bankruptcy filings are down by 45 percent, and corporate debt default rates remain near all-time lows. Yet bankruptcy pros are buzzing with anticipation. (Sat, 03 Mar 2007 08:14:53 GMT)

4 creditors hit Pearlman with bankruptcy petition
In his continued absence from Central Florida, Lou Pearlman is being dragged toward personal bankruptcy by three banks and a venture-capital company that claim he owes them a combined $48 million. (Sat, 03 Mar 2007 10:55:33 GMT)

Palco bankruptcy fallout hinges on timberland's value
FORTUNA -- The fallout of the Pacific Lumber Co.'s bankruptcy case will hinge on the value of its assets and timberlands compared to what it owes on them, a bankruptcy expert told Palco workers, retirees and labor and environmental interests Friday night. (Sat, 03 Mar 2007 12:36:00 GMT)

Yucaipa Cos. to Take Over Allied Holdings Under Bankruptcy Plan
March 3 (Bloomberg) -- Allied Holdings Inc., the biggest U.S. hauler of new cars, will be taken over by billionaire Ron Burkle's Yucaipa Cos. under a bankruptcy exit plan the company and Yucaipa filed jointly late yesterday. (Sat, 03 Mar 2007 16:34:38 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, 04 Mar 2007 02:45:25 GMT)

Prescription drug plan unaffordable: official
A prescription drug benefit of the U.S. Medicare program is a "financially irresponsible" addition to a system that was already on course for possible bankruptcy, the U.S. government's top accountant said in an interview on Sunday. (Mon, 05 Mar 2007 01:33:09 GMT)

ATW Daily News
Sweden's FlyMe abruptly suspended all flights Friday and announced it will file for bankruptcy "as soon as possible" following notification from the bank that handles the airline's online transactions that sales were suspended that morning and that more than SEK60 million ($8.5 million) in payments would be held as security. (Mon, 05 Mar 2007 05:52:53 GMT)

Lawyers ready for a boom in bankruptcy
CHICAGO - Business bankruptcy filings are down by 45 percent and corporate debt default rates remain near all-time lows. Yet bankruptcy pros are buzzing with anticipation. (Mon, 05 Mar 2007 06:05:00 GMT)

www.cbs10kztv.com
Free Bankruptcy Review with Local Bankruptcy Attorneys. No fee if no positive results. Over 500 attorneys served to date. Choose From Prescreened Specialists Post Your Case With No Obligations. (Mon, 05 Mar 2007 07:47:39 GMT)

Jordan Wins First Round in WorldCom Suit
Score one for Michael Jordan. A federal bankruptcy court judge in New York last month ruled that Jordan's attorneys could proceed with their $8 million claim against WorldCom for the unpaid portion of a 10-year endorsement agreement. (Mon, 05 Mar 2007 12:04:47 GMT)

New Century said to be facing bankruptcy, possible liquidation
NEW YORK (MarketWatch) -- Several analysts agreed Monday that New Century Financial Corp., one of the nation's largest subprime mortgage lenders, likely faces liquidation or bankruptcy following revelations that it's under criminal investigation and in violation of debt covenants with several lenders. (Mon, 05 Mar 2007 14:09:37 GMT)

Prescription drug plan unaffordable: official
A prescription drug benefit of the U.S. Medicare program is a "financially irresponsible" addition to a system that was already on course for possible bankruptcy, the U.S. government's top accountant said in an interview on Sunday. (Mon, 05 Mar 2007 15:06:10 GMT)

Ex-Worldcom CEO Ebbers loses appeal
WASHINGTON (Reuters) -- The Supreme Court said Monday that it rejected an appeal by former WorldCom Inc. Chief Executive Bernard Ebbers, who was convicted of orchestrating an $11 billion accounting fraud that led to the largest U.S. bankruptcy. (Mon, 05 Mar 2007 16:19:08 GMT)

AI Practicing Law Unlicensed
A court rules a web-based bankruptcy "expert" is not a clerical tool but is effectively practicing law without a license. Plus: Internet doomed, close browser now. In 27B Stroke 6. (Tue, 06 Mar 2007 00:52:12 GMT)

Arlington church seeks bankruptcy protection
ARLINGTON – The church founded by Terry Hornbuckle, who was convicted last year of raping three women, filed for bankruptcy protection Monday, said attorney Davor Rukavina. (Tue, 06 Mar 2007 01:28:02 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. (Tue, 06 Mar 2007 01:38:20 GMT)

Delta wants more time on plan
Delta Air Lines Inc., which is operating under bankruptcy protection, asked for court permission Monday to delay the deadline by which the company has to exclusively file its reorganization plan and to solicit acceptance of that plan. (Tue, 06 Mar 2007 07:22:06 GMT)

Motorola wins Iridium bankruptcy ruling
A federal appeals court overturned a 2001 settlement between unsecured creditors and lenders of Iridium Operating LLC, siding with Motorola Inc., the satellite company’s former parent. (Tue, 06 Mar 2007 07:55:29 GMT)

Getting student loans after bankruptcy
When you file for bankruptcy, you're still eligible for government student loans, but not for private loans, says the Bankruptcy Adviser. (Tue, 06 Mar 2007 11:00:00 GMT)

Getting student loans after bankruptcy
Dear Bankruptcy Adviser, Can I get a student loan after filing for bankruptcy? -- Liz Dear Liz, If you're a student and you've already filed bankruptcy, you're not alone. I counsel a lot of graduate and undergraduate students who have credit problems. (Tue, 06 Mar 2007 12:37:38 GMT)

Hornbuckle church in bankruptcy
Agape Christian Fellowship, the Arlington church rocked last year by the rape conviction of founder and former pastor Terry Hornbuckle, filed for bankruptcy protection on Monday. (Tue, 06 Mar 2007 16:27:26 GMT)

Horseshoe Bend Country Club files for bankruptcy
The owner of Horseshoe Bend Country Club has filed for Chapter 11 bankruptcy protection hours before a planned sale on the courthouse steps of the posh Roswell facility. The club and golf course is the centerpiece of Horseshoe Bend, which is one of the biggest and richest neighborhoods in east Roswell. The bankruptcy filing temporarily halted this morning's planned foreclosure sale to the highest ... (Tue, 06 Mar 2007 22:13:36 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. (Tue, 06 Mar 2007 23:15:47 GMT)

Bankruptcy filings increased in February; 400 reported
The number of bankruptcy filings in Utah in February increased from January and also rose from the year-ago figure. (Wed, 07 Mar 2007 07:19:26 GMT)

Trustee Wants Pillsbury to Repay $4 Million
An alleged conflict of interest could cost Pillsbury Winthrop Shaw Pittman its role in a bankruptcy case -- and more than $4 million in fees. A California bankruptcy judge has scheduled a March 19 hearing on a motion by the U.S. (Wed, 07 Mar 2007 07:50:51 GMT)

PALCO bankruptcy trial gets under way in Texas; committee seeking venue change
The legal proceedings that will determine how Pacific Lumber Co. will be reorganized under a Chapter 11 filing by the company and its subsidiaries in January got under way in Texas on Tuesday morning. (Wed, 07 Mar 2007 07:53:02 GMT)

Bankruptcy halts foreclosure sale of country club
The owner of Horseshoe Bend Country Club filed for Chapter 11 bankruptcy protection this week, halting a sale on the courthouse steps of the posh east Roswell facility. The club and golf course is the centerpiece of Horseshoe Bend, which is one of the biggest and richest neighborhoods in Roswell, and the bankruptcy filing evoked mixed emotions from residents there. A foreclosure auction would ... (Wed, 07 Mar 2007 17:43:56 GMT)

Judge to rule on hedge fund disclosure in NWA bankruptcy case
NEW YORK -- A bankruptcy judge said Wednesday he would rule by the end of the week on whether hedge funds must publicly disclose detailed information about their trading in shares of... (Wed, 07 Mar 2007 19:07:20 GMT)

Kenwood Johnny Rockets files for bankruptcy
The franchise operator of Johnny Rockets restaurant in Sycamore Township has filed for Chapter 11 bankruptcy protection, and owes hundreds of thousands in debt, though the eatery is still open for business. (Wed, 07 Mar 2007 20:04:17 GMT)

Church Founded By Convicted Rapist Files For Bankruptcy
The church founded by convicted rapist Terry Hornbuckle has filed for bankruptcy. (Wed, 07 Mar 2007 20:18:53 GMT)

Delta gives more details on post-bankruptcy employee benefits
ATLANTA -- Delta Air Lines Inc. plans to issue a lump-sum cash payment to many employees when the airline emerges from bankruptcy this spring, according to a newsletter sent this week to workers from Chief... (Wed, 07 Mar 2007 21:06:51 GMT)

Delta gives more details on post-bankruptcy employee benefits
ATLANTA - Delta Air Lines plans to issue a lump-sum cash payment to many employees when the airline emerges from bankruptcy this spring. (Wed, 07 Mar 2007 21:18:09 GMT)

Judge to rule on hedge fund disclosure in Northwest bankruptcy case
NEW YORK -- A bankruptcy judge said Wednesday he would rule by the end of the week on whether hedge funds must publicly disclose detailed information about their trading in shares of Northwest Airlines Corp. (Wed, 07 Mar 2007 21:22:28 GMT)

Buchanan Bankruptcy Group Moves to Greenberg
Four bankruptcy lawyers have broken camp at Buchanan Ingersoll & Rooney's Princeton, N.J., branch and pitched their tents at Greenberg Traurig in Florham Park. Louis De Lucia left Monday along with partners Alan Brody and Thomas Halm Jr., associate Alyson Fiedler and some clients, including Bank of America. The group defection is the second in as many months for Buchanan. In February, Washington, ... (Thu, 08 Mar 2007 05:09:23 GMT)

Buchanan Bankruptcy Group Moves to Greenberg
Four bankruptcy lawyers have broken camp at Buchanan Ingersoll & Rooney's Princeton, N.J., branch and pitched their tents at Greenberg Traurig in Florham Park. Louis De Lucia left Monday along with partners Alan Brody and Thomas Halm Jr., associate Alyson Fiedler and some clients, including Bank of America. (Thu, 08 Mar 2007 07:50:46 GMT)

New Century Financial Shares Plunge on Bankruptcy Speculation
March 8 (Bloomberg) -- Shares of New Century Financial Corp. shed as much as a third of their value today on speculation that the subprime-mortgage lender may file for bankruptcy. (Thu, 08 Mar 2007 20:04:31 GMT)

U.S. Stocks Pare Gains; New Century Tumbles on Bankruptcy Talk
March 8 (Bloomberg) -- U.S. stocks pared their gains as New Century Financial Corp. tumbled on speculation the subprime mortgage lender may file for bankruptcy. (Thu, 08 Mar 2007 20:19:18 GMT)

New Century shares sink on bankruptcy speculation
NEW YORK (Reuters) - New Century Financial Corp.'s shares fell by more than one-third on Thursday amid market speculation it would seek bankruptcy protection, a day after activist hedge fund manager David Einhorn quit the subprime lender's board. (Thu, 08 Mar 2007 20:41:02 GMT)

New Century Shares Plunge on Bankruptcy Speculation (Update1)
March 8 (Bloomberg) -- Shares of New Century Financial Corp. lost as much as a third of their value today on speculation that the subprime-mortgage lender may file for bankruptcy. (Thu, 08 Mar 2007 21:04:22 GMT)

NWA bankruptcy judge delays benefit ruling, urges talks
A bankruptcy judge on Thursday urged more negotiations as he delayed ruling on a request by Northwest Airlines flight attendants for a reduction (Thu, 08 Mar 2007 21:17:09 GMT)

New Century shares sink on bankruptcy speculation
New Century Financial Corp. shares sank 25 percent on Thursday amid market speculation the subprime lender would seek bankruptcy protection, a day after activist hedge fund manager David Einhorn quit its board. (Thu, 08 Mar 2007 21:21:54 GMT)

Amid bankruptcy speculation, Irvine lender stops taking applications
Irvine-based sub-prime mortgage lender New Century Financial Corp., whose shares fell 25% today amid fresh speculation it would have to seek bankruptcy protection, said it had stopped accepting loan applications from prospective borrowers. (Fri, 09 Mar 2007 01:02:37 GMT)

Peter Bronson: Fighting Bankruptcy abuse
When Congress passed the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005, its supporters cited widespread bankruptcy fraud and abuse as a major reason why reform was needed. (Fri, 09 Mar 2007 02:20:54 GMT)

2 groups offering to buy Werner; suitors cited in bankruptcy filings
Werner Co. has been fielding offers from two potential buyers since January, the company said in recent bankruptcy court filings. One group consists of second-lien lenders Trust Co. of the West, Schultze Asset Management LLC, Milk Street Investors LLC and Levine Leichtman Capital Partners II LP. (Fri, 09 Mar 2007 04:51:25 GMT)

New Century Halts Loans; Bankruptcy Speculation Grows (Update2)
March 9 (Bloomberg) -- New Century Financial Corp., the U.S. home lender whose stock plunged almost 90 percent this year, has stopped making new loans as analysts speculate the company may soon file for bankruptcy protection. (Fri, 09 Mar 2007 15:04:38 GMT)

Reports: New Century near bankruptcy
New Century Financial, the No. 2 U.S. subprime mortgage lender, may file for Chapter 11 bankruptcy protection, published and broadcast reports said Friday. (Fri, 09 Mar 2007 18:08:57 GMT)

New Century plunges on bankruptcy woes
Shares dip nearly 19 percent after analysts say they expect the lender to seek bankruptcy protection. (Fri, 09 Mar 2007 18:48:48 GMT)

Big Toronto developer files for bankruptcy
A high-profile Toronto developer has filed for bankruptcy protection after a $10 million dispute with a theater producer over a condo-hotel development. ... (Fri, 09 Mar 2007 20:24:27 GMT)

Put workers first Lehman says: Legislation would amend rules for companies in bankruptcy
Put workers first, Lehman says Legislation would amend rules for companies in bankruptcy (Fri, 09 Mar 2007 22:11:15 GMT)

New Century shares plunge as analysts see imminent bankruptcy
New Century Financial shares plunged again Friday after analysts said they expect the subprime lender to seek bankruptcy protection soon. (Fri, 09 Mar 2007 23:12:28 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. (Sat, 10 Mar 2007 00:31:31 GMT)

Mercy Hosp in Bankruptcy
By Bob Kappstatter, Daily News, New York Mar. 9--After years of financial struggle, Our Lady of Mercy Medical Center in the north Bronx filed for bankruptcy court protection yesterday. (Sat, 10 Mar 2007 01:13:17 GMT)

Bankruptcy judge gives diocese OK to finish building school
SAN DIEGO ---- A federal judge overseeing the bankruptcy of the Roman Catholic Diocese of San Diego agreed to release funds on a temporary basis for construction of a new high school. (Sat, 10 Mar 2007 03:59:26 GMT)

Put workers first Lehman says: Legislation would amend rules for companies in bankruptcy
Put workers first, Lehman says Legislation would amend rules for companies in bankruptcy (Sat, 10 Mar 2007 08:26:05 GMT)

Blog makes bankruptcy an issue
MILFORD — An anonymous posting on a selectman’s web log revealed last week that a candidate for the board had filed for bankruptcy. (Sat, 10 Mar 2007 09:10:22 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, 11 Mar 2007 01:49:07 GMT)

Put workers first Lehman says: Legislation would amend rules for companies in bankruptcy
Put workers first, Lehman says Legislation would amend rules for companies in bankruptcy (Sun, 11 Mar 2007 08:11:05 GMT)

Bankruptcy Under Way for San Diego Diocese
The Catholic diocese of San Bernardino county in Southern California is watching with concern as bankruptcy proceedings are under way for the much larger and richer San Diego Catholic Diocese. From member station KPCC, Steven Cuevas reports. (Sun, 11 Mar 2007 17:13:38 GMT)

Bankruptcy Under Way for San Diego Diocese
Weekend Edition Sunday , March 11, 2007 · The Catholic diocese of San Bernardino county in Southern California is watching with concern as bankruptcy proceedings are under way for the much larger and richer San Diego Catholic Diocese. From member station KPCC, Steven Cuevas reports. (Sun, 11 Mar 2007 23:23:13 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. (Mon, 12 Mar 2007 01:11:29 GMT)

Web-based software company files for bankruptcy protection
El Dorado Hills startup Scope iT Inc. has filed for Chapter 7 bankruptcy protection after six years in business and a failed effort for venture capital. (Mon, 12 Mar 2007 06:34:52 GMT)

Tighter deadlines, tougher rules on bankruptcy filing
Two years after Congress passed the Bankruptcy Abuse Prevention and Consumer Protection Act, businesses are finding themselves walking a tightrope as tougher rules and stricter deadlines demand increased vigilance on the part of potential debtors. (Mon, 12 Mar 2007 06:35:11 GMT)

Largo company seeks bankruptcy reorganization
LARGO -- Corvest Promotional Products Inc., one of the country's largest advertising specialties company, is seeking Chapter 11 bankruptcy protection. (Mon, 12 Mar 2007 06:35:22 GMT)

Bankruptcy filings
These bankruptcies were filed Feb. 22-March 7 in U.S. District Court, Indianapolis, for the Southern District of Indiana. D-debt; A-assets. (Mon, 12 Mar 2007 06:52:50 GMT)

New Century on bankruptcy's doorstep
NEW YORK (Reuters) - New Century Financial Corp. , the largest independent U.S. subprime mortgage lender, said on Monday its lenders plan to halt financing, pushing the company closer to bankruptcy amid dwindling cash and $8.4 billion in obligations that could come due immediately. (Mon, 12 Mar 2007 13:10:39 GMT)

Sub-prime lender New Century steps closer to bankruptcy
Sub-prime mortgage specialist New Century Financial Corp. skidded closer to bankruptcy today, saying it was in default on its agreements with all the Wall Street firms that provide funds and could face demands that it repurchase $8.4 billion in loans. (Mon, 12 Mar 2007 19:47:36 GMT)

New Century Limps Toward Bankruptcy; Housing May Suffer
New Century took another step toward bankruptcy Monday, raising fears that the subprime lender will trip up housing and other industries. (Mon, 12 Mar 2007 23:00:00 GMT)

New Century on bankruptcy's doorstep
New Century Financial Corp. , the largest independent U.S. subprime mortgage lender, said on Monday its lenders plan to halt financing, pushing the company closer to bankruptcy amid dwindling cash and $8.4 billion in obligations that could come due immediately. (Mon, 12 Mar 2007 23:17:50 GMT)

Bankruptcy looms for New Century
New Century Financial said Monday all of its lenders have cut funding or announced their intent to halt financing after the subprime mortgage lender failed to make payments, pushing the company further toward bankruptcy. (Tue, 13 Mar 2007 03:40:17 GMT)

Bankruptcy court says Solutia can continue to develop its own reorganization plan
Solutia Inc. on Monday was granted more time to pursue three possible paths out of its three-year-old bankruptcy reorganization. (Tue, 13 Mar 2007 03:51:24 GMT)

Weil Gotshal Loses Top Bankruptcy Partners to Cadwalader
Cadwalader, Wickersham & Taft is set today to announce it has recruited four of Weil, Gotshal & Manges' most prominent bankruptcy partners: George Davis, Deryck Palmer, John Rapisardi and Andrew Troop. The move signals a major shift among elite bankruptcy practices. Weil Gotshal, long seen as the top firm in the U.S. for bankruptcy work, has never lost so many top bankruptcy partners at once. The ... (Tue, 13 Mar 2007 05:10:33 GMT)

Weil Gotshal Loses Top Bankruptcy Partners to Cadwalader
Cadwalader, Wickersham & Taft is set today to announce it has recruited four of Weil, Gotshal & Manges' most prominent bankruptcy partners: George Davis, Deryck Palmer, John Rapisardi and Andrew Troop. (Tue, 13 Mar 2007 06:51:29 GMT)

Bankruptcy clouds build over lender New Century
The prospect of bankruptcy loomed over New Century Financial, as the subprime mortgage lender scrambled Monday to stay afloat after its... (Tue, 13 Mar 2007 07:24:03 GMT)

Worries rise over high-risk lending / Large player in subprime mortgages nears bankruptcy
Concerns about the mortgage industry continued to mount on Monday as one of the industry's biggest players in loans to high-risk borrowers teetered on the verge of bankruptcy and a liberal think tank urged the federal government to step in to protect low-... (Tue, 13 Mar 2007 17:18:00 GMT)

Northwest seeks to delay bankruptcy plan
Northwest Airlines Corp. has asked a New York bankruptcy judge for an extension to file its bankruptcy plan, according to news-wire services. (Tue, 13 Mar 2007 18:38:55 GMT)

Shareholders object to NWA's bankruptcy-exit delay
Shareholders of Northwest Airlines Corp. are opposing the carrier's request of an extension to file its bankruptcy plan, according to news-wire services. (Tue, 13 Mar 2007 19:40:03 GMT)

Shareholders object to NWA's bankruptcy-exit delay
Shareholders of Northwest Airlines Corp. are opposing the carrier's request of an extension to file its bankruptcy plan, according to media reports. (Tue, 13 Mar 2007 19:48:21 GMT)

Shareholders object to Northwest's bankruptcy-exit delay
Shareholders of Northwest Airlines Corp. are opposing the carrier's request of an extension to file its bankruptcy plan, according to news-wire reports. (Tue, 13 Mar 2007 19:56:33 GMT)

Bankruptcy Judge Rejects Nellson Deal
A federal bankruptcy judge Tuesday denied a settlement between Nellson Nutraceutical Inc.'s second-lien lenders and its controlling shareholder, Fremont Capital, that the diet-food maker had said would speed its exit from bankruptcy. (Tue, 13 Mar 2007 20:00:40 GMT)

Appliance Depot files for bankruptcy
Osprey-based Dep Marketing LLC, parent of the Appliance Depot and More chain, has petitioned for Chapter 11 bankruptcy. (Wed, 14 Mar 2007 00:12:10 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. (Wed, 14 Mar 2007 04:02:17 GMT)

Officials want bankruptcy case for cemetery operator tossed
TULSA, Okla. - Tennessee officials want a federal judge in Oklahoma to throw out a bankruptcy case filed by Oklahoma oilman Clayton Smart. (Wed, 14 Mar 2007 05:07:49 GMT)

Yao Guilty of Bankruptcy Fraud
Former Student Finance Corp. chief executive Andrew Yao was found guilty Wednesday on two counts of bankruptcy fraud by a federal jury. (Wed, 14 Mar 2007 21:16:33 GMT)

Larry Arnstein: Sub-Prime Lenders in Bankruptcy Need New, Better Names
Lenders in the "sub-prime" or "loan shark" sector of the lending industry are facing hard times right now. Some are filing for bankruptcy, others are facing criminal investigations, and some are just laying off hundreds of employees. When the dust settles on all of this, these companies will want to reorganize, and get new names, so consumers won't associate them with all the bad stuff that ... (Wed, 14 Mar 2007 21:17:55 GMT)

Earnings: Eddie Bauer has first profit since bankruptcy
After plenty of bad news, Eddie Bauer Holdings Inc. finally has something to smile about. With sales of down clothing, coats and catchy Christmas gifts, the outdoor clothes maker reported its first profit since emerging from bankruptcy. (Thu, 15 Mar 2007 04:14:18 GMT)

Bankruptcy lawyers: creditors not cashing in on 2005 law changes
A law enacted in 2005 making it more difficult to file for Chapter 7 bankruptcy protection has personal bankruptcy filings down in Jacksonville, according to local bankruptcy attorney, Chad Dean. (Thu, 15 Mar 2007 12:46:53 GMT)

Bankruptcy dispute goes to mediation
A federal bankruptcy court trustee overseeing about 80 ongoing cases has committed "serious errors" in some of them, a judge said in court yesterday, but turned aside a motion to suspend the trustee from further involvement in bankruptcy cases. (Thu, 15 Mar 2007 12:56:53 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. (Thu, 15 Mar 2007 15:35:18 GMT)

AG: Bankruptcy Could Speed Up Company's Foreclosures
Ohio Attorney General Marc Dann said the lending company, New Century Financial, is on the verge of bankruptcy. (Thu, 15 Mar 2007 15:50:57 GMT)

Red Star developer files bankruptcy
1396 5th St. LLC, a company organized to develop the site of the former Red Star Yeast factory in West Oakland, has filed for bankruptcy protection. (Thu, 15 Mar 2007 22:06:58 GMT)

Bankruptcy plan offered
The Lafayette-based parent companies of four Baton Rouge television stations filed their reorganization plan in U.S. Bankruptcy Court Wednesday. (Fri, 16 Mar 2007 05:17:18 GMT)

Bankruptcy filings up despite new rules
Bankruptcy filings across Arizona and the Valley jumped in January and February, but remained far below normal, the U.S. Bankruptcy Court of Arizona reported. (Fri, 16 Mar 2007 11:05:33 GMT)

Bankruptcy Judge Gives Delta More Time
A New York federal bankruptcy court judge gave Delta Air Lines Inc. more time to get creditor approval of its reorganization plan before competing plans are allowed to be filed. (Fri, 16 Mar 2007 15:25:40 GMT)

Bally warns of bankruptcy; stock plunges
Bally Total Fitness Holding Corp. shares lost more than half their value Friday morning, in the wake of the Chicago health club operator's Thursday evening warning that it may be obliged to seek Chapter 11 bankruptcy protection unless it can restructure its debt. (Fri, 16 Mar 2007 17:15:54 GMT)

Bally says it may file for bankruptcy
Shares of Bally Total Fitness Holding Corp. fell to less than $1 Friday after the U.S. fitness-center operator said it may file for bankruptcy protection. ... (Fri, 16 Mar 2007 19:09:23 GMT)

St. Louis woman sentenced for bankruptcy fraud
Marquita Hawkins was sentenced Friday on bankruptcy fraud charges in connection with providing false bankruptcy credit counseling certificates, U.S. Attorney Catherine Hanaway said Friday. (Fri, 16 Mar 2007 19:30:03 GMT)

Bally's stock plummets on its warning of possible bankruptcy
Shares of Bally Total Fitness Holding (BFT) lost more than half their value Friday after the struggling fitness center operator said it may file for bankruptcy. (Fri, 16 Mar 2007 19:56:25 GMT)

Bankruptcy Court OKs Asarco Labor Deal
A federal bankruptcy judge approved a labor deal between Tucson, Ariz.-based Asarco LLC and the United Steelworkers over the strong objections of the copper miner's corporate parent, Grupo Mexico SA. (Fri, 16 Mar 2007 20:00:32 GMT)

Bankruptcy court approves Asarco labor agreement
WASHINGTON A federal bankruptcy judge in Corpus Christi signed off on a 94-point-Five (M) million dollar labor deal between Arizona-based Asarco abd the United... (Fri, 16 Mar 2007 21:37:23 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, 16 Mar 2007 22:44:26 GMT)

Bankruptcy court approves Asarco labor agreement
WASHINGTON A federal bankruptcy judge in Corpus Christi signed off on a 94-point-Five (M) million dollar labor deal between Arizona-based Asarco abd the United Steelworkers. (Sat, 17 Mar 2007 02:18:46 GMT)

Bally's stock plummets on warning of bankruptcy
Bally Total Fitness Holding Corp. said late Thursday it might file to reorganize its operations under Chapter 11 bankruptcy protection because it has $827 million in outstanding debt, with an additional $300 million coming due in October. (Sat, 17 Mar 2007 09:27:43 GMT)

eMerge Cattle Update: Bankruptcy Court Approves Sales of CattleLog and VerifEYE
SEBASTIAN, Fla., March 16 /PRNewswire/ -- eMerge Interactive, Inc. (the "Company") today announced that on March 15, 2007, the United States Bankruptcy Court for the Southern District of Florida, West Palm Beach division (the "Bankruptcy Court") entered two sales orders (the "Orders") approving the sales of substantially all of the assets of the Company's CattleLog and VerifEYE business units. (Sat, 17 Mar 2007 21:07:40 GMT)

Diocese: Bankruptcy does not derail plans for Catholic high school in North County
NORTH COUNTY ---- An attorney for the Roman Catholic Diocese of San Diego said last week that the diocese's recent bankruptcy filing will not scuttle longtime plans to build a Catholic high school in North County. (Sun, 18 Mar 2007 04:48:10 GMT)

Bankruptcy filings are coming back
When the federal bankruptcy law was tightened in October 2005, many people feared that the relief from crushing debt that bankruptcy is supposed to provide would be badly compromised. (Sun, 18 Mar 2007 07:07:20 GMT)

Bankruptcy documents show complex structure of Doctors' Hospital
Behind-the-scenes maneuvers are under way to ensure Doctors' Hospital remains operational as its bankruptcy case works its way through court. But documents also provide a glimpse of the complex business structure behind the Shreveport hospital — relationships that have prompted questions by creditors who are cumulatively owed more than $10 million. (Sun, 18 Mar 2007 07:14:30 GMT)

More auto suppliers looking for fast, easy bankruptcy
Like many of Michigan's troubled auto suppliers, Hastings Manufacturing Co., which makes aftermarket piston rings, was on its way to bankruptcy court in 2005 after revenues fell, raw materials prices increased and debt mounted. But rather than endure an expensive, drawn-out bankruptcy reorganization, Hastings' executives sought the help of restructuring specialists who developed a sweeping ... (Sun, 18 Mar 2007 07:23:06 GMT)

No need for Toledo to consider bankruptcy, officials say
Toledo is facing tough times financially, but city and state officials said bankruptcy is not an option. (Sun, 18 Mar 2007 10:33:38 GMT)

Cavitat files for bankruptcy, blames insurer for its woes
Cavitat Medical Technologies Inc. has filed a Chapter 11 bankruptcy in Colorado. (Mon, 19 Mar 2007 04:40:42 GMT)

Company disputes bankruptcy, says it's a takeover
Bluefish Concierge bills itself as a white-glove celebrity event and travel service, but its gloves are off in Palm Beach County Bankruptcy Court, where it faces an involuntary Chapter 7 filing by its creditors. (Mon, 19 Mar 2007 04:41:43 GMT)

Gardel's seeks to reorganize under Chp. 11 bankruptcy
Less than three years after opening, Latin restaurant and nightclub Gardel's Supper Club has filed to reorganize in Chapter 11 bankruptcy. (Mon, 19 Mar 2007 04:42:23 GMT)

Are you staring bankruptcy in the eye? You have options
LAS CRUCES — Do your monthly bills add up to more money than your income? Did a divorce or health care crisis set you back financially? Well, you might be one of the hundreds of people in New Mexico who have thought about filing for bankruptcy. (Mon, 19 Mar 2007 07:10:20 GMT)

Restructuring industry foresees wave of insolvencies
CAPE TOWN (Reuters) - A new wave of insolvencies will hit markets over the next few months - with more parties willing to profit from the pie than five years ago, when a cycle change sent dozens of companies into bankruptcy. (Mon, 19 Mar 2007 08:30:42 GMT)

Susan T. Beal: After drop in 2006, bankruptcy filings are increasing
The year 2006 saw a sharp drop in bankruptcy filings locally as well as nationally "" a backlash from the record filings in 2005 when bankruptcy filing regulations changed. The sharp drop in 2006 filings was anticipated. The big question even in early 2006 was what will filings do in 2007? (Mon, 19 Mar 2007 22:53:49 GMT)

Delta details post-bankruptcy compensation for employees
ATLANTA - About 39,000 Delta Air Lines employees will share $480 million in lump-sum payouts and equity in the company when the country's third-largest carrier emerges from Chapter 11 protection in May, according to material to be disclosed in a bankruptcy court filing today. (Tue, 20 Mar 2007 04:07:56 GMT)

Clients Upset Bankruptcy Lawyer Out of Money
Sacramento bankruptcy clients were upset after their attorney from the American Attorney Center closed their offices on River Park Drive for good Monday. (Tue, 20 Mar 2007 06:35:01 GMT)

Clients Upset Bankruptcy Lawyer Out of Money
Sacramento bankruptcy clients are upset after their attorney from the American Attorney Center closed their offices on River Park Drive for good. (Tue, 20 Mar 2007 06:48:12 GMT)

Avoid Bankruptcy Mortgages and IVA Remortgage Product Features to Clear Debt
Enable Finance, the UK specialist mortgage broker is highlighting the innovative new mortgage and remortgage products specifically designed for borrowers currently bankrupt or recently discharged from bankruptcy. (Tue, 20 Mar 2007 07:01:00 GMT)

Avoid Bankruptcy Mortgages and IVA Remortgage Product Features to Clear Debt
Enable Finance, the UK specialist mortgage broker is highlighting the innovative new mortgage and remortgage products specifically designed for borrowers currently bankrupt or recently discharged from bankruptcy. (PRWeb Mar 20, 2007) Post Comment:Trackback URL: http://www.prweb.com/chachingpr. (Tue, 20 Mar 2007 07:28:39 GMT)

Delta details post-bankruptcy worker compensation
ATLANTA -- About 39,000 Delta Air Lines employees will share $480 million in lump-sum payouts and equity in the company when the nation's third-largest carrier emerges from Chapter 11 protection in May, according to material to be disclosed in a bankruptcy court filing today. The total equity stake the employees will get equals 3. (Tue, 20 Mar 2007 07:32:01 GMT)

Delta details post-bankruptcy employee benefits
ATLANTA -- About 39,000 Delta employees will share $480 million in lump-sum payouts and equity in the company when the nation's third-largest carrier emerges from Chapter 11 protection in May, according to material to be disclosed in a bankruptcy court filing Tuesday. (Tue, 20 Mar 2007 08:02:25 GMT)

Delta details post-bankruptcy
About 39,000 Delta employees will share $480 million in lump-sum payouts and equity in the company when the nation's third-largest carrier emerges from Chapter 11 protection in May, according to material to be disclosed in a bankruptcy court filing today. (Tue, 20 Mar 2007 09:06:03 GMT)

Bankruptcy law irony: Overtime can hurt
If you work overtime to avoid bankruptcy, but then have to file Chapter 13 anyway, the law expects you to keep on working the extra job, says the Bankruptcy Adviser. (Tue, 20 Mar 2007 10:00:00 GMT)

Emboldened By Bankruptcy, Auto Parts Makers Are Finally Saying 'No' To Detroit
Detroit's part makers are starting to push back - and the timing can't be worse for the Big 3 automakers. The Wall Street Journal reports Navistar International Transportation Corp., which has made diesel engines for Ford Motor Co. for 30 years, cut off all engine shipments to its single biggest customer, the result of a [... ] (Tue, 20 Mar 2007 11:23:35 GMT)

Delta details post-bankruptcy employee compensation program
Delta Air Lines Inc. early Tuesday reported plans to give its noncontract employees some $480 million in company stock and lump sum payments when it emerges from bankruptcy in May. (Tue, 20 Mar 2007 15:38:01 GMT)

People's Choice Home Loan Files for Bankruptcy (Update2)
March 20 (Bloomberg) -- People's Choice Home Loan Inc., a mortgage lender for people with credit problems, filed for bankruptcy protection. (Tue, 20 Mar 2007 18:24:13 GMT)

Parent of sub-prime mortgage lender files for bankruptcy
LOS ANGELES - People's Choice Financial, which operates a sub-prime mortgage unit, filed for Chapter 11 bankruptcy protection Tuesday. (Tue, 20 Mar 2007 21:20:13 GMT)

Citation Corp. files bankruptcy: No jobs will be lost at Columbiana foam plant
Citation Corp., the parent company of Columbiana-based Citation Foam, has filed for bankruptcy for the second time since 2004. The company is currently working on a recapitalization plan in federal court, which Citation leaders hope will help further rebuild the company. (Wed, 21 Mar 2007 06:16:49 GMT)

1 2 Next


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