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Home > Bankruptcy News

Bankruptcy News Mar 2007

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Bibb's Jocks & Jills not affected by bankruptcy
The Atlanta-based sports bar chain Jocks & Jills has filed for Chapter 11 bankruptcy protection, but the north Bibb County location will not be affected, the local general manager said Tuesday. (Wed, 21 Mar 2007 07:12:56 GMT)

Boomerz files for bankruptcy
SEMINOLE - Faced with mounting city fines, unpaid property taxes and threatened foreclosures, the owner of Boomerz bar has filed for bankruptcy. The case, filed March 1 by the Loading Zone Inc., claims the corporation has an estimated $3-million in assets. (Wed, 21 Mar 2007 07:32:40 GMT)

Court says Travelers can seek attorney fees in bankruptcy case
WASHINGTON (AP) - The Supreme Court ruled Tuesday that Travelers Casualty & Surety Co. of America can seek to recover attorneys' fees from Pacific Gas and Electric Co. in a federal bankruptcy case. (Wed, 21 Mar 2007 09:42:01 GMT)

Lender files for bankruptcy
Subprime's decline continues with People's Choice of Irvine. The subprime meltdown continued Tuesday as one local lender filed for bankruptcy and another laid off workers. (Wed, 21 Mar 2007 10:50:41 GMT)

Hancock files for Chapter 11 bankruptcy
Hancock Fabrics Inc. on Wednesday said it voluntarily filed for protection under Chapter 11 of U.S. bankruptcy code. (Wed, 21 Mar 2007 18:06:13 GMT)

BREAKING NEWS: Hancock files for bankruptcy protection
BALDWYN – Hancock Fabrics today filed for Chapter 11 bankruptcy protection. In addition, the company’s subsidiaries also filed for Chapter 11. Chapter 11 is the most common type of bankruptcy. It frees a company from lawsuits from creditors while it reorganizes its business. (Wed, 21 Mar 2007 18:42:54 GMT)

Hancock Fabrics files for Chapter 11 bankruptcy
Hancock Fabrics Inc. and its subsidiaries have filed voluntary petitions for Chapter 11 relief in the U.S. Bankruptcy Court for the District of Delaware. (Wed, 21 Mar 2007 19:41:21 GMT)

Hancock Fabrics declares bankruptcy
BALDWYN — Hancock Fabrics Inc. has filed a voluntary petition for Chapter 11 relief in the United States Bankruptcy Court for the District of Delaware. Its subsidiaries are also filing for the same relief. (Wed, 21 Mar 2007 19:42:58 GMT)

Hancock Fabrics files for bankruptcy protection
BALDWYN, Miss. Struggling fabric retailer Hancock Fabrics and its subsidiaries today (Wednesday) filed for Chapter 11 bankruptcy protection, which frees it from lawsuits... (Wed, 21 Mar 2007 19:56:37 GMT)

Wildwood couple sentenced for bankruptcy fraud
A Wildwood, Mo., couple was sentenced Wednesday on bankruptcy fraud charges for failing to disclose assets in a bankruptcy proceeding, according to U.S. Attorney Catherine Hanaway. (Wed, 21 Mar 2007 20:44:50 GMT)

Hancock Fabrics files for bankruptcy
BALDWYN, Miss. — Struggling fabric retailer Hancock Fabrics Inc. and its subsidiaries on Wednesday filed for Chapter 11 bankruptcy protection, which frees it from lawsuits from creditors while it reorganizes its business. (Thu, 22 Mar 2007 07:11:47 GMT)

Couple linked to contractor's collapse file Chapter 7 bankruptcy
The couple linked to the collapse of a Sacramento swimming pool contractor filed for bankruptcy this week. (Thu, 22 Mar 2007 07:12:01 GMT)

Home Products emerges from bankruptcy
Home Products International Inc. said Wednesday it has emerged from Chapter 11 reorganization, less than three months after filing for bankruptcy. (Thu, 22 Mar 2007 09:28:00 GMT)

Lender files for bankruptcy
Subprime's decline continues with People's Choice of Irvine. The subprime meltdown continued Tuesday as one local lender filed for bankruptcy and another laid off workers. (Thu, 22 Mar 2007 10:06:09 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. (Thu, 22 Mar 2007 13:22:41 GMT)

Hancock Fabrics files for bankruptcy protection
BALDWYN, Miss. Struggling fabric retailer Hancock Fabrics Incorporated and its subsidiaries files for Chapter 11 bankruptcy protection, which frees it from lawsuits... (Thu, 22 Mar 2007 14:16:31 GMT)

Hancock Fabrics Files For Bankruptcy Protection
BALDWYN, Miss. (AP) -- Struggling fabric retailer Hancock Fabrics Incorporated and its subsidiaries files for Chapter 11 bankruptcy protection, which frees it from lawsuits from creditors while it reorganizes its business. (Thu, 22 Mar 2007 14:35:26 GMT)

Blackwell files for bankruptcy
GRAHAM — A local businessman filed for bankruptcy protection on the same day four of his properties were scheduled to be auctioned. Faiger M. Blackwell filed a petition for bankruptcy under Chapter 11 in the U.S. Bankruptcy Court in Greensboro on Wednesday morning. (Thu, 22 Mar 2007 18:03:10 GMT)

Public Museum explores bankruptcy protection
With a still-shaky financial future and disappointing attendance, Milwaukee Public Museum officials are seeking legal advice on declaring bankruptcy for the non-profit entity that runs the 123-year-old institution. (Fri, 23 Mar 2007 02:55:13 GMT)

Blip, or bona fide bankruptcy bust?
Back in October 2005, just prior to the inception of new federal bankruptcy laws, the phones were ringing off the hook at the Westbury law offices of Pryor & Mandelup. (Fri, 23 Mar 2007 07:11:21 GMT)

Strategies: Surviving another's bankruptcy
Dec. 29 was not a good day. That's the day my distributor declared bankruptcy. (Fri, 23 Mar 2007 08:20:51 GMT)

Tecumseh Products files bankruptcy in Brazil
TECUMSEH, Mich. — Tecumseh Products Co., which has been struggling financially, said last night it had filed for what is similar to bankruptcy protection for its Brazilian operations. (Fri, 23 Mar 2007 10:39:43 GMT)

Bankruptcy is 'last resort' for Milwaukee Public Museum
As executives of the financially troubled Milwaukee Public Museum are exploring their legal options, Milwaukee County Executive Scott Walker and County Board Chairman Lee Holloway issued a joint statement today, saying that bankruptcy would be a "last resort" for the county-supported facility. (Fri, 23 Mar 2007 16:53:57 GMT)

Court dismisses Magnolia Energy Chapter 11 bankruptcy case
Outpointing this story, which you may move for state lines- Biz WASHINGTON (Dow Jones/AP) _ The bankruptcy court has dismissed Magnolia Energy LP's Chapter 11 bankruptcy case... (Fri, 23 Mar 2007 18:53:13 GMT)

Bankruptcy Court OKs 3dfx Deal
A federal judge approved an investment pact that shareholders of computer graphics-card maker 3dfx Interactive Inc. hope will provide them a hefty payout and end the defunct company's long-running bankruptcy case. (Fri, 23 Mar 2007 20:29:12 GMT)

Court dismisses Ashland-based Magnolia Energy bankruptcy case
The bankruptcy court has dismissed Magnolia Energy LP's Chapter 11 bankruptcy case after the power-plant operator refinanced more than $400 million in debt. (Fri, 23 Mar 2007 21:07:14 GMT)

Bankruptcy Court OKs 3dfx Deal
Computer graphics pioneer 3dfx, which sought Chapter 11 bankruptcy protection after losing a bid in a state court to dissolve itself, sold its assets to Santa Clara, Calif.-based Nvidia in 2000 for $70 million in cash. The purchase agreement required 3dfx to end operations and dissolve (Fri, 23 Mar 2007 22:17:05 GMT)

Pension Agency: NWA Bankruptcy Plan Lacks Candor
The federal Pension Benefit Guaranty Corp. wants Northwest Airlines Corp. to make it clear to creditors that the airline will remain stuck with "billions of dollars" in pension liabilities if it exits bankruptcy proceedings under its current Chapter 11 plan. More Business News More Transportation News (Sat, 24 Mar 2007 02:11:00 GMT)

Pa. Firm Adds Nine Lawyers as Bankruptcy Boutique Folds
Eckert Seamans Cherin & Mellott has added nine attorneys to its Philadelphia office from bankruptcy firm Adelman Lavine Gold Schildhorn & Kleban, effectively closing the nearly 60-year-old boutique. The group, which includes three of Adelman Lavine's name shareholders, starts at Eckert Seamans on April 2. The remaining Adelman Lavine attorneys are headed to different firms; three of them will ... (Sat, 24 Mar 2007 04:07:27 GMT)

Pension agency says NWA bankruptcy plan lacks candor
WASHINGTON (Dow Jones/AP) _ The federal Pension Benefit Guaranty Corporation is weighing in on Northwest Airlines' bankruptcy plan. (Sat, 24 Mar 2007 05:16:09 GMT)

Pension agency says NWA bankruptcy plan lacks candor
WASHINGTON (Dow Jones/AP) _ The federal Pension Benefit Guaranty Corporation is weighing in on Northwest Airlines' bankruptcy plan. (Sat, 24 Mar 2007 17:48:20 GMT)

Guard against another's bankruptcy
Dec. 29, 2006, was not a good day. That's the day my distributor declared bankruptcy. Since then, I've learned more about bankruptcy than I ever wanted. (Sun, 25 Mar 2007 09:32:39 GMT)

Tales of bankruptcy, foreclosure
Subprime mortgage companies have made many high-interest loans in the Tampa Bay area to borrowers with credit problems or prior bankruptcies (Chapter 7, in which most debts are discharged, or Chapter 13, which provides for partial repayment to creditors). (Sun, 25 Mar 2007 10:29:57 GMT)

Judge lets Europeans in on Vivendi suit
A federal judge in New York has ruled that French, English and Dutch citizens who bought Vivendi shares before the French media-to-telecom group neared bankruptcy in 2002 are allowed to join a U.S. class action against the company that was initiated by Vivendi shareholders. (Sun, 25 Mar 2007 19:15:22 GMT)

Bankruptcy filings are beginning to rebound
Local bankruptcy attorneys say consumer bankruptcy filings are now on the way back up - reversing the significant drop-off in filings that followed sweeping changes to bankruptcy laws that took effect in fall 2005. (Mon, 26 Mar 2007 04:48:41 GMT)

Red Star twist: Developer files for bankruptcy
The company 1396 5th St. LLC, formed to develop the site of the former Red Star Yeast factory in West Oakland, filed for bankruptcy protection - a move that forestalls a foreclosure sale. (Mon, 26 Mar 2007 05:39:13 GMT)

Bankruptcies
These were recently filed in U.S. Bankruptcy Court for the Southern District of Florida. (Mon, 26 Mar 2007 07:15:30 GMT)

Foreign investors may join Vivendi lawsuit
PARIS -- A federal judge in New York has ruled that French, British, and Dutch citizens who bought Vivendi shares before the French media-to-telecom group neared bankruptcy in 2002 are allowed to join a U S class action against the company that was initiated by Vivendi shareholders. (Mon, 26 Mar 2007 09:06:41 GMT)

Supreme Court refuses to consider Dow Corning bankruptcy case
WASHINGTON -- The Supreme Court refused Monday to consider a case stemming from a long-standing bankruptcy dispute between Dow Corning Corp. and a group of its creditors, which includes investment bank Merrill Lynch & Co. Inc. and Bank of America Corp. (Mon, 26 Mar 2007 18:39:53 GMT)

Promoter in lost Chrysler Hall series files for bankruptcy
NORFOLK - The Maryland-based booking and promotions agent that failed to deliver this year's Broadway at Chrysler Hall season has filed for bankruptcy with finances more than $4.5 million in the red, . . . (Tue, 27 Mar 2007 04:11:37 GMT)

Northwest can seek approval of a plan to exit bankruptcy
Northwest Airlines can begin seeking creditor approval of a plan to exit bankruptcy that values the company at an estimated $7 billion, a judge ruled Monday. (Tue, 27 Mar 2007 06:35:17 GMT)

Pillsbury Ejected From Bankruptcy Case
A judge kicked Pillsbury Winthrop Shaw Pittman off a bankruptcy case for a conflict that may end up costing the firm its $4 million in fees. Citing a "complete breakdown of creditor confidence" due to a conflict the firm had failed to disclose, a U.S. bankruptcy judge granted a motion Monday to disqualify Pillsbury in the bankruptcy case of SonicBlue, an electronics maker that went belly up in ... (Tue, 27 Mar 2007 06:49:42 GMT)

NWA free to ask creditors to OK its bankruptcy plan
Northwest Airlines Inc. took a major step toward emerging from bankruptcy protection Monday when a judge gave the airline the nod to ask creditors to approve its bankruptcy plan. At the same time, the airline said it plans to issue $77.4 million in stock and cash to 4,000 salaried workers, not including executives. (Tue, 27 Mar 2007 07:13:34 GMT)

How to survive someone else's bankruptcy
Dec. 29, 2006, was not a good day. That's the day my distributor declared bankruptcy. (Tue, 27 Mar 2007 07:14:57 GMT)

U.S. judge dismisses filing in bankruptcy
Tennessee is the best place to resolve the legal issues, the judge says. A Tulsa federal judge dismissed on Monday a bankruptcy case filed by a cemetery company controlled by Oklahoman Clayton Smart. (Tue, 27 Mar 2007 07:30:43 GMT)

New Century Financial on Brink of Bankruptcy
Analysts are speculating that New Century Financial, the beleaguered subprime mortgage lender, will shortly file for Chapter 11 bankruptcy protection. Their evidence is the disclosure that Barclays and Morgan Stanley, two of New Century's main lenders, are repossessing loans that had been used to secure financing. (Tue, 27 Mar 2007 10:02:25 GMT)

UAL CEO gets $39.7M compensation in 1st year out of bankruptcy
The chairman, chief executive and president of UAL, parent of United Airlines, received compensation worth $39.7 million in 2006, UAL's first year as a standalone company after emerging from three years of bankruptcy protection. (Tue, 27 Mar 2007 11:26:49 GMT)

Indian Springs files for bankruptcy
The owner of the beleaguered Indian Springs Marketplace has filed for bankruptcy protection. Kansas City Mall Associates Inc. blamed an “unfair and unjustified declaration” of the development as blighted by Wyandotte County that has “led to an unsupportable loss of revenues” for the center at Interstate 635 and State Avenue in Kansas City, Kan. (Tue, 27 Mar 2007 11:42:39 GMT)

Delta prepares to emerge from bankruptcy
Delta Air Lines Inc. expects to emerge from bankruptcy April 30 with an eye on returning to profitability, improving customer service and selling more assets to build shareholder value, the company said Tuesday. (Tue, 27 Mar 2007 13:16:58 GMT)

Delta eyes emergence from bankruptcy April 30
Delta Air Lines said Tuesday it expects to emerge from bankruptcy protection by April 30, and would be able to post a profit on an operating basis for 2007. (Tue, 27 Mar 2007 16:23:03 GMT)

Delta Air Emerging From Bankruptcy
Delta Air Lines Inc. expects to emerge from bankruptcy protection April 30 with an eye on improving customer service and selling more assets to build shareholder value, it said (Tue, 27 Mar 2007 18:36:17 GMT)

Delta to exit bankruptcy early, sell off more assets
ATLANTA - Delta Air Lines Inc. expects to emerge from bankruptcy protection April 30 with an eye to improving customer service and selling more assets to build shareholder value, it said Tuesday, raising the possibility that it could shed feeder carrier Com- air. (Wed, 28 Mar 2007 03:35:41 GMT)

Draper-based USDTV files for bankruptcy again
USDigital Inc. has filed for Chapter 7 bankruptcy for a second time in less than a year after owner NexGen Telecom pulled the plug on the digital TV service once touted as the low-cost alternative to cable and satellite television. (Wed, 28 Mar 2007 06:08:09 GMT)

After canceled shows, firm files for bankruptcy
Baci left Lyric, other theaters in a bind Towson-based Baci Management Inc., which left the Lyric Opera House and other theaters in the lurch recently after its subscription-series touring shows were abruptly canceled, has filed for bankruptcy. (Wed, 28 Mar 2007 07:47:44 GMT)

ATLANTA: Delta says bankruptcy will end April 30; Comair might be sold
Delta Air Lines Inc. expects to emerge from bankruptcy protection April 30 with an eye on improving customer service and selling more assets to build shareholder value, it said Tuesday, raising the possibility it could shed feeder carrier Comair. (Wed, 28 Mar 2007 08:49:04 GMT)

Delta may sell Comair after exiting bankruptcy
ATLANTA ? Delta Air Lines Inc. expects to emerge from bankruptcy protection April 30 with an eye on improving customer service and selling more assets to build shareholder value, it said yesterday, raising the possibility that it could shed feeder carrier Comair. (Wed, 28 Mar 2007 11:39:13 GMT)

Baci Entertainment declares bankruptcy
A Maryland-based company that canceled several Broadway Under the Stars performances in Richmond has declared bankruptcy. Baci Entertainment filed for protection after becoming more than $4 million in the red. (Wed, 28 Mar 2007 11:53:56 GMT)

Bankruptcy looming for New Century Financial, report says
NEW YORK (MarketWatch) -- New Century Financial Corp. reportedly could file for bankruptcy protection from creditors by Saturday in a move that's grown more likely since the subprime mortgage company's delisting from the New York Stock Exchange two weeks ago. (Wed, 28 Mar 2007 12:07:38 GMT)

Delta will beat NWA out of bankruptcy, beef up Asian flights
Delta Air Lines executives said Tuesday they hope to quit bankruptcy in April, and the plans they discussed included expansion in the Asia-Pacific region. (Wed, 28 Mar 2007 16:40:24 GMT)

BANKRUPTCY EXIT PLAN: Tower to sell to Cerberus
Tower Automotive Inc., the world's largest maker of automotive frames, agreed to sell most of its assets to Cerberus Capital Management LP for about $1 billion in order to get out of bankruptcy, a company spokesman said. (Thu, 29 Mar 2007 03:54:54 GMT)

Tower Automotive Files Term Sheet With Bankruptcy Court To Sell Assets Through Chapter 11 Plan To Cerberus Capital - ...
(RTTNews) - Wednesday Tower Automotive (TWRAQ), a designer and producer of vehicle structural components and assemblies, said it has filed a restructuring term sheet with a Bankruptcy Court to sell substantially all of its assets through a Chapter 11 Plan to Cerberus Capital Management for about $1 billion. (Thu, 29 Mar 2007 04:01:50 GMT)

Tower Automotive Files Term Sheet With Bankruptcy Court to Sell Company Through a Chapter 11 Plan
NOVI, Mich., March 28 -- Tower Automotive (Pink Sheets: TWRAQ) announced today it has filed a restructuring term sheet with the U.S. Bankruptcy Court for the Southern District of New York to sell substantially all of its assets through a Chapter 11 Plan to funds and accounts to be designated by Cerberus Capital Management, L.P. The proposed transaction, among other things, provides for payment in ... (Thu, 29 Mar 2007 04:10:52 GMT)

Pulliam Ford files bankruptcy, plans sale
Pulliam Motor Co., one of the Midlands’ oldest car dealerships, has filed for bankruptcy with a plan to sell the Ford dealership to Dick Smith Automotive Group for $11.3 million, according to bankruptcy filings Tuesday. (Thu, 29 Mar 2007 04:19:07 GMT)

Key strategies to pursue before a partner declares bankruptcy
Dec. 29, 2006, was not a good day. That's the day my distributor declared bankruptcy. (Thu, 29 Mar 2007 06:08:15 GMT)

Would-be 'Nicky O' hotels file for bankruptcy
The South Beach hotel once slated for Nicky Hilton's debut in the lodging industry has filed for bankruptcy, as its hopes for star-powered profits fall drastically short. (Thu, 29 Mar 2007 07:26:27 GMT)

Delta To Use Same ʼDALʼ Ticker Symbol Post-bankruptcy
Atlanta - Delta Air Lines Inc. will use the same ticker symbol that it went into bankruptcy protection with when it comes out. The Atlanta-based ... (Thu, 29 Mar 2007 10:10:50 GMT)

Delta Mills asks for more time to file for Bankruptcy
GREENVILLE, S.C. (AP) - A subsidiary of a Greenville-area textile maker says it needs more time to file a bankruptcy restructuring plan. Delta Mills asked the U-S Bankruptcy Court in Delaware to give it 20 more days, or until April 16, to file a Chapter 11 plan. (Thu, 29 Mar 2007 11:01:25 GMT)

Former Ipix competitor gets company's last assets in bankruptcy
KNOXVILLE, Tenn. A former competitor of a Tennessee Internet imaging company has won the last of the company's assets in an auction in bankruptcy court. Ipix was... (Thu, 29 Mar 2007 18:34:08 GMT)

Delta ushers in pending bankruptcy end with profitable February
Posted: 12:31 PM- Delta Air Lines, on track to emerge from bankruptcy next month, today said it earned $55 million in February. That's quite a turnaround for the struggling airline that operates a hub in Salt Lake City. A year ago, Delta reported a $209 million loss for the month of February. The net income was on revenue of $1.25 billion. (Thu, 29 Mar 2007 19:20:33 GMT)

Former Ipix competitor gets company's last assets in bankruptcy
KNOXVILLE, Tenn. A former competitor of a Tennessee Internet imaging company has won the last of the company's assets in an auction in bankruptcy court. (Thu, 29 Mar 2007 19:23:26 GMT)

Portland archdiocese clears another bankruptcy hurdle
EUGENE (AP) - A federal judge said the one remaining claim against the Archdiocese of Portland would cost $100,000 to settle, well below the $13.7 million set aside for unsettled claims under a proposed bankruptcy reorganization plan. (Thu, 29 Mar 2007 20:21:46 GMT)

Strategies: Dealing with another's bankruptcy
At the end of last year, my distributor went into bankruptcy. Since then, I've learned a lot about the effects of others' bankruptcies on small companies and the steps you should take to protect yourself. (Fri, 30 Mar 2007 05:13:31 GMT)

Agent dispute forces Riise into bankruptcy
Agent dispute forces Riise into bankruptcy by England (Fri, 30 Mar 2007 10:40:24 GMT)

Former head of Student Finance Corp. guilty of bankruptcy fraud
WILMINGTON, Del. — Former Student Finance Corp. chief executive Andrew Yao was found guilty yesterday on two counts of bankruptcy fraud by a federal jury. (Fri, 30 Mar 2007 11:52:01 GMT)

Airlines in bankruptcy land
When did bankruptcy become a deliberate management strategy for the airline industry? Somehow it has become the ultimate hammer with which to pound out excess costs and then reward executives in charge of the bloodletting for their "effectiveness." (Fri, 30 Mar 2007 17:37:40 GMT)

Chicago cosmetics maven Marilyn Miglin files for bankruptcy
Chicago cosmetics maven Marilyn Miglin has filed for bankruptcy protection, stemming from a business investment gone bad in Nevada. (Fri, 30 Mar 2007 18:04:05 GMT)

Delta announces new post-bankruptcy board of directors
Delta Air Lines Inc., the nation's third-largest carrier, has picked a new 11-member board of directors for when it emerges from bankruptcy protection that includes current and former executives at big U.S. companies. (Fri, 30 Mar 2007 19:16:37 GMT)

Weil, Gotshal loses Boston bankruptcy experts
Weil, Gotshal & Manges LLP's presence in Boston's bankruptcy circles has been diminished by a couple of high-profile departures. (Fri, 30 Mar 2007 20:58:05 GMT)

Trib: Make-Up Maven's Bankruptcy Not Pretty
Chicago cosmetics maven Marilyn Miglin has reportedly filed for bankruptcy. (Fri, 30 Mar 2007 21:40:02 GMT)

Delta to begin soliciting votes for bankruptcy reorganization plan after judge's approval
NEW YORK — Delta Air Lines moved a giant step closer to emerging from bankruptcy yesterday when a judge approved a disclosure statement that will be sent to creditors along with its reorganization plan. (Sat, 31 Mar 2007 01:25:27 GMT)

Bowline Point power plant exits bankruptcy
A federal bankruptcy judge has approved a reorganization plan that would allow Mirant's Bowline Point power plant to emerge from Chapter 11. (Sat, 31 Mar 2007 06:41:07 GMT)

Firm in heating-oil spill files bankruptcy papers
An Akron gas company that ran afoul of the Ohio Environmental Protection Agency and faces a civil lawsuit for mistakenly dumping heating oil into a homeowner's basement has filed for bankruptcy protection. (Sat, 31 Mar 2007 07:52:15 GMT)

Cosmetics mogul Marilyn Miglin files for bankruptcy protection
CHICAGO Chicago cosmetics mogul Marilyn Miglin has filed for Chapter Eleven bankruptcy protection after a Nevada business venture she invested in went south. (Sat, 31 Mar 2007 11:58:31 GMT)

Business' bankruptcy won't always keep you from getting paid
Q: What happens to unclaimed property when the company has filed bankruptcy? I worked for a Houston company in the early 1980s. They filed for bankruptcy. (Sat, 31 Mar 2007 19:38:10 GMT)

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