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 Jun 2008

1 2 Next

Roadhouse Grill Bankruptcy Forces Total Shutdown, Including Florida Locations
The bankruptcy of casual-dining restaurant operator Roadhouse Grill means the closure of all 21 of its locations, including a slate of Florida outlets. (Sun, 01 Jun 2008 00:16:12 GMT)

Detroit casino files for bankruptcy
DETROIT, May 31 (UPI) -- Detroit's Greektown Casino has effectively blocked its forced sale by the Michigan Gaming Control Board by filing for bankruptcy reorganization, officials said. (Sun, 01 Jun 2008 01:24:34 GMT)

Detroit casino files for bankruptcy
Detroit's Greektown Casino has effectively blocked its forced sale by the Michigan Gaming Control Board by filing for bankruptcy reorganization, officials said.Casino officials from the Sault Ste. Marie Tribe of Chippewa Indians said the legal move blocks the gaming board's intentions to force a sale next month. The bankruptcy filing buys time for Greektown to continue operations and refinance ... (Sun, 01 Jun 2008 01:31:35 GMT)

Dawahare's Files For Bankruptcy; To Close 9 Stores
LOUISVILLE, Ky. -- Retail clothing chain Dawahare's has filed for bankruptcy and will close nine of its 31 stores. The Louisville-based chain also will reduce some of its corporate staff. (Sun, 01 Jun 2008 02:51:57 GMT)

How To: Declare Bankruptcy
Here's how to declare bankruptcy properly Times are tough and you've found yourself with a pile of credit card debt -- and you have no way to pay off. The creditors are constantly calling, and you just want it all to go away. (Sun, 01 Jun 2008 04:05:41 GMT)

Retail Clothing Chain Dawahare's Files for Bankruptcy
Retail clothing chain Dawahare's has filed for bankruptcy and will close 9 of its 31 stores and reduce some of its corporate staff. (Sun, 01 Jun 2008 05:17:37 GMT)

State paves easier road to bankruptcy
South Carolinians facing mounting debt in a slumping economy have an easier road to file for bankruptcy after state lawmakers voted to allow protection for those who wouldn't have been eligible before. (Sun, 01 Jun 2008 13:20:36 GMT)

Bankruptcy Listing for Credit Union Wrong
In its weekly listing of bankruptcy filings in Arkansas in the issue of Monday, May 26, the Arkansas Democrat-Gazette incorrectly listed the Crossett Paper Mills Employees Federal Credit Union. (Sun, 01 Jun 2008 13:59:46 GMT)

Retail Chain Dawahares Files for Bankruptcy
Retail clothing chain Dawahares has filed for bankruptcy and will close nine of its 31 stores and reduce some of its corporate staff. (Mon, 02 Jun 2008 04:38:39 GMT)

More Americans taking bankruptcy over destitution
Once considered a last resort, more Americans are choosing to file for bankruptcy rather than be impoverished. (Mon, 02 Jun 2008 05:36:41 GMT)

Albers Manufacturing files for Chapter 11 bankruptcy
Albers Manufacturing Co. Inc. has filed for bankruptcy a year and half after the company changed ownership. (Mon, 02 Jun 2008 05:38:16 GMT)

Sharper Image sale approved by bankruptcy judge
June 2 - A federal bankruptcy judge has approved the sale of Sharper Image Corp to a joint venture, clearing the way for the liquidation of the gadget retailer's remaining stores. (Mon, 02 Jun 2008 05:57:13 GMT)

Bankruptcy rules eased
South Carolinians facing mounting debt in a slumping economy have an easier road to file for bankruptcy after state lawmakers voted to protect those who wouldn't have been eligible before. (Mon, 02 Jun 2008 06:05:28 GMT)

Dawahares files bankruptcy
The Lexington-based Dawahare's chain of clothing stores filed for bankruptcy reorganization Friday, citing the national economic downturn and competition from other retailers. The 101-year-old family-owned business that was started by a peddler in the Eastern Kentucky coalfields and grew into the largest Kentucky-based retailer said it will close nine of its 31 stores over a two-month period ... (Mon, 02 Jun 2008 07:15:01 GMT)

Retailers in bankruptcy put limits on gift card use
Some gift horses you should look in the mouth. The growing number of retailers filing for bankruptcy as the U.S. economy teeters on the brink of a recession means consumers can't redeem gift cards as easily as they once could. (Mon, 02 Jun 2008 07:23:28 GMT)

Xerium reorganizes debt, avoids bankruptcy
Xerium Technologies, which makes products for clothing manufacturers, has reorganized its debt - staving off a possible bankruptcy filing. (XRM) (Mon, 02 Jun 2008 14:14:28 GMT)

Greektown Casino to seek bankruptcy loan
Greektown Casino will be in bankruptcy court Tuesday morning to ask a judge to approve a $150-million loan to pay bills as it reorganizes. (Mon, 02 Jun 2008 19:03:44 GMT)

Meridian furniture owner files for bankruptcy
San Luis Obispo is losing one if its longtime home-furnishing stores. After struggling for some time to keep her 17-year-old business afloat, Meridian owner Eva Young filed for bankruptcy last week. Citing a decrease in income due to competition and high downtown rents two years ago, Young had moved to a warehouse on the town’s southside as a way to cut costs and keep her business sustainable. ... (Mon, 02 Jun 2008 22:28:29 GMT)

Highland Medical Center Files for Bankruptcy
A Lubbock medical center could soon be sold to a group of doctors. Highland Community Hospital has filed for bankruptcy. (Tue, 03 Jun 2008 01:00:17 GMT)

Expedited Hearing Set In Rivas Bankruptcy Case Creditors Suspect Ooltewah Currency Trader Trying To Leave Country
An expedited hearing has been set in Chattanooga Bankruptcy Court on Friday morning after creditors of Ooltewah foreign currency trader Luis H. Rivas said they feared he is trying to flee the country. (Tue, 03 Jun 2008 02:27:59 GMT)

Kirkland Shoves Weil Gotshal Aside as Leading Bankruptcy Firm
June 3 (Bloomberg) -- Martin Bienenstock , the lawyer who led the Enron Corp. bankruptcy case, left Weil, Gotshal & Manges late last year. The restructuring business he helped build may be exiting right behind him. (Tue, 03 Jun 2008 05:13:22 GMT)

Zephyr Shares Fall By Limit for Third Day on Unit's Bankruptcy
June 3 (Bloomberg) -- Zephyr Co. , a Japanese condominium developer, fell by its limit for a third day on the Tokyo Stock Exchange following the bankruptcy of a subsidiary. (Tue, 03 Jun 2008 06:26:52 GMT)

New Rochelle surveillance device maker files for bankruptcy protection
With just $12,000 in cash on hand and more than $7 million in debt, a New Rochelle maker of security and surveillance devices has filed for protection from creditors in federal bankruptcy court. (Tue, 03 Jun 2008 06:42:46 GMT)

Former Neb City broker files for bankruptcy in Arizona
OMAHA — The former Nebraska City broker who is accused of improperly selling risky investments in several interrelated Florida companies has filed for bankruptcy in Arizona. (Tue, 03 Jun 2008 07:02:55 GMT)

Negotiating property in bankruptcy
Woman will sleep better if she consults lawyers on the balance due on a mattress, says the Bankruptcy Adviser. (Tue, 03 Jun 2008 10:00:00 GMT)

Highland seeks bankruptcy protection
The ownership of Highland Community Hospital has filed for Chapter 11 bankruptcy protection, but may well be on its way to selling the troubled property. (Tue, 03 Jun 2008 14:37:33 GMT)

Former Neb. broker files bankruptcy in Arizona
The former Nebraska City broker who is accused of improperly selling risky investments in several interrelated Florida companies has filed bankruptcy in Arizona. (Tue, 03 Jun 2008 19:21:35 GMT)

State bankruptcy filings jump 27.2 percent in first quarter
More than 12,500 individuals and businesses filed for bankruptcy in Illinois in the first quarter of 2008, a 27.2 percent jump that mirrors national trends amid rising household debt. (Tue, 03 Jun 2008 22:15:43 GMT)

Italian film producer held over bankruptcy: source
Italian film producer Vittorio Cecchi Gori has been arrested on bankruptcy charges relating to the failure of his cinema managing company Safin Cinematografica, a judicial source said on Tuesday. (Tue, 03 Jun 2008 23:39:08 GMT)

Tightrope: Protect your business before client files bankruptcy
These can be tough times for entrepreneurs, and tougher yet when you have to take the fall for your client or vender's bankruptcy. Some time ago during lunch, a lawyer friend of mine and I discussed the economy and how the courts are overflowing with filings of bankruptcy and debtors filing suits against the folks who are running behind in payments due. (Wed, 04 Jun 2008 05:35:01 GMT)

Auto dealer filing for bankruptcy
Auto dealer Medina Imports has filed for Chapter 11 bankruptcy and is in the process of selling its business to another dealer, according to court documents. (Wed, 04 Jun 2008 05:42:07 GMT)

Filings for bankruptcy leap in Colo., U.S.
Bankruptcy filings in Colorado and the U.S. are surging this year as more households collapse under the weight of mortgages they can't afford. (Wed, 04 Jun 2008 07:06:24 GMT)

S. Fla bankruptcy filings rise 77 percent
South Florida bankruptcy filings soared by 77 percent in May compared with a year ago. The U.S. Bankruptcy Court for the Southern District of Florida recorded 1,731 bankruptcies last month, up from 978 in May 2007. (Wed, 04 Jun 2008 07:28:34 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, 04 Jun 2008 08:20:01 GMT)

Newsletter to follow Vallejo bankruptcy
An e-mail subscription-based bankruptcy newsletter has taken an interest in Vallejo's Chapter 9 proceedings. The newsletter typically focuses on billion dollar or more commercial bankruptcies, said Peter A. Chapman, of the Philadelphia-area Bankruptcy Creditors' Service Inc. (Wed, 04 Jun 2008 13:55:49 GMT)

Bankruptcy court approves Frontier severance plan
A bankruptcy court judge has approved a severance plan that would give Frontier Airlines' six top executives $144,180 if they are terminated without cause. (Wed, 04 Jun 2008 17:53:36 GMT)

Bennigan's parent company denies bankruptcy filing
The Plano-based parent of the Bennigan’s and Steak & Ale chains said Wednesday it is working with its bankers to restructure debt, amid rumors that the company may be facing bankruptcy. (Wed, 04 Jun 2008 18:26:21 GMT)

Asarco seeks to keep control of bankruptcy
Asarco LLC, which plans to sell its assets to Indian mining company Vedanta Resources PLC, is seeking to keep exclusive control of its bankruptcy reorganization while it works to close the sale. (Wed, 04 Jun 2008 21:33:34 GMT)

Asarco seeks to keep control of bankruptcy
Associated Press - June 4, 2008 6:34 PM ET WASHINGTON (AP) - Asarco, which plans to sell its assets to Indian mining company Vedanta Resources, wants to keep exclusive control of its bankruptcy... (Wed, 04 Jun 2008 22:41:06 GMT)

Bankruptcy filings skyrocket in O.C.
It's a sign of the times -- some very hard times. Bankruptcy filings are up, and in Orange County they are skyrocketing. (Wed, 04 Jun 2008 23:42:28 GMT)

Three Mass. stores to close in Linens 'n Things bankruptcy
Kingston Linens ’n Things targeted in bankruptcy restructuring, Old Navy opening in Plymouth (Thu, 05 Jun 2008 09:40:36 GMT)

Prosecutor has concerns over Mirabilis bankruptcy filing
The prosecutor leading the federal investigation of Mirabilis Ventures Inc. said Wednesday he wants the Orlando equity firm's bankruptcy assigned to one of the federal judges already hearing lawsuits involving the company. (Thu, 05 Jun 2008 10:12:01 GMT)

American Airlines parent AMR debunks bankruptcy report
American Airlines' parent, AMR Corp., said Wednesday that a news report suggesting the world's largest carrier might file for bankruptcy is "way off base." (Thu, 05 Jun 2008 12:22:15 GMT)

American Airlines denies bankruptcy rumor
FORT WORTH, Texas, June 5 (UPI) -- AMR Corp., parent to major U.S. carrier American Airlines, denied news reports that suggested the company was about to file for bankruptcy. (Thu, 05 Jun 2008 17:44:26 GMT)

NovaStar Financial says it's on verge of bankruptcy
Former mortgage lender NovaStar Financial Inc. said Thursday some of its creditors are demanding repayment of about $51 million in debt, increasing the likelihood the company will have to file for bankruptcy protection. (Thu, 05 Jun 2008 21:17:19 GMT)

Riverway Power files for bankruptcy, customers stay
A Houston-based electric retail company has filed for bankruptcy but its customers are not yet being moved to the so-called "provider of last resort." (Thu, 05 Jun 2008 21:44:18 GMT)

Bankruptcy judge denies request for conditions on Dura exit
NEW YORK, June 5 - A U.S. bankruptcy court denied a bond trader's request to put conditions on Dura Automotive Systems Inc's exit from bankruptcy protection, according to court documents on Thursday. (Fri, 06 Jun 2008 00:30:30 GMT)

Lender pushes NovaStar closer to bankruptcy
NovaStar Financial Inc. on Thursday drew closer to bankruptcy after a lender accelerated its loan and declared $51 million in obligations immediately due and payable. (Fri, 06 Jun 2008 03:25:51 GMT)

Sure Electric files for bankruptcy
Another day, another retail electricity provider bites the dust. On Tuesday, Sure Electric LLC, also known as Riverway Power Co., filed for bankruptcy. (Fri, 06 Jun 2008 03:52:15 GMT)

More people opting for bankruptcy help
Once considered a last resort, more Americans are choosing bankruptcy over destitution. (Fri, 06 Jun 2008 05:15:34 GMT)

North Miami's The Oaks Group files for bankruptcy
North Miami-based developer The Oaks Group sought bankruptcy protection from creditors related to a condominium development in Hollywood. (Fri, 06 Jun 2008 07:13:28 GMT)

NovaStar says near bankruptcy after default
BANGALORE, June 6 - NovaStar Financial Inc , which quit subprime mortgage lending last year, said it would likely file for bankruptcy protection if it could not settle with creditors who have demanded the immediate repayment of $51 million of debt. (Fri, 06 Jun 2008 12:06:42 GMT)

NY POST, REUTERS: Knoxville-based Goody's filing for bankruptcy
Knoxville-based Goody's Family Clothing is getting ready to file for Chapter 11 Bankruptcy protection, according to The New York Post and Reuters. Stay Connected to Volunteer TV News and VolunteerTV.com for continuing coverage of this developing news story. (Fri, 06 Jun 2008 14:46:44 GMT)

Del Biaggio files for bankruptcy
William "Boots" Del Biaggio III filed for personal bankruptcy today, listing $56.8 million owed to his top 20 creditors. (Fri, 06 Jun 2008 20:31:27 GMT)

Preds co-owner files for Chapter 11 bankruptcy
A Silicon Valley financier who owns a stake in the NHL's Nashville Predators has filed for personal Chapter 11 bankruptcy just weeks after being accused of loan fraud. (Fri, 06 Jun 2008 23:58:36 GMT)

Predators co-owner files for Chapter 11 bankruptcy
A Silicon Valley financier who owns a stake in the NHL's Nashville Predators has filed for personal Chapter 11 bankruptcy just weeks after being accused of loan fraud. William "Boots" Del Biaggio III's filing in U.S. Bankruptcy Court for the Northern District of California caps a turbulent two weeks for this scion of a prominent San Jose banking family. (Sat, 07 Jun 2008 00:25:32 GMT)

Predators co-owner files for Chapter 11 bankruptcy
A Silicon Valley financier who owns a stake in the NHL's Nashville Predators has filed for personal Chapter 11 bankruptcy two weeks after being accused of loan fraud. (Sat, 07 Jun 2008 00:46:03 GMT)

Predators co-owner files for Chapter 11 bankruptcy
SAN JOSE, Calif. -- A Silicon Valley financier who owns a stake in the NHL's Nashville Predators has filed for personal Chapter 11 bankruptcy two weeks after being accused of loan fraud. (Sat, 07 Jun 2008 01:06:11 GMT)

Predators co-owner files for Chapter 11 bankruptcy
A Silicon Valley financier who owns a stake in the NHL's Nashville Predators has filed for personal Chapter 11 bankruptcy just weeks after being accused of loan fraud. William "Boots" Del Biaggio III's filing in U.S. Bankruptcy Court for the Northern District... (Sat, 07 Jun 2008 01:08:05 GMT)

Predators speak on investor's bankruptcy
William "Boots" Del Biaggio filed for bankruptcy Friday in California in the wake of three lawsuits. (Sat, 07 Jun 2008 03:51:36 GMT)

Reports say Goody's to file for bankruptcy
Knoxville-based apparel retailer Goody's Family Clothing is preparing to file for Chapter 11 bankruptcy protection, possibly by as early as next week, according to Reuters news service. (Sat, 07 Jun 2008 04:09:28 GMT)

CORRECTION: Keystone not in bankruptcy
In a story Tuesday on Page D-1 about the impact the residential construction slowdown is having on businesses and workers, The Associated Press reported erroneously that a former executive at San Diego real estate developer Keystone Communities Inc. was laid off when the company filed for bankruptcy. The company did not file for bankruptcy and the former executive, Kelly Bice, now says he left ... (Sat, 07 Jun 2008 07:43:20 GMT)

Colts Neck man gets 22 years in bankruptcy scheme
A Colts Neck man was sentenced to 22 years in state prison Friday for conspiring with two other men to defraud creditors of their produce company, Packed Fresh Produce Inc., of approximately $2 million through a planned bankruptcy scheme, authorities said. (Sat, 07 Jun 2008 08:26:14 GMT)

Northern Power company files for bankruptcy protection
Associated Press - June 7, 2008 8:45 AM ET BARRE, Vt. (AP) - Northern Power Systems of Barre and its parent company are seeking Chapter 11 bankruptcy protection as a way to make it easier to... (Sat, 07 Jun 2008 12:48:55 GMT)

Bankruptcy filings show deep debt of coastal investors
Three of Bon Secour Village's five developers have filed for bankruptcy, putting the already imperiled Gulf Shores development at further risk and illustrating how south Baldwin County's burst real estate bubble has hit even the most moneyed investors. (Sun, 08 Jun 2008 09:30:02 GMT)

What You Need to Know About Bankruptcy
Terry Savage explains what will happen if you file for bankruptcy because your expenses get out of hand. (Sun, 08 Jun 2008 10:40:32 GMT)

Bankruptcy Listing for Credit Union Wrong
In its weekly listing of bankruptcy filings in Arkansas in the issue of Monday, May 26, the Arkansas Democrat-Gazette incorrectly listed the Crossett Paper Mills Employees Federal Credit Union. (Sun, 08 Jun 2008 12:43:08 GMT)

NHL turns down money for bankruptcy
I understand why a control freak such as Gary Bettman is annoyed by billionaire Jim Balsillie. That much is easy. What I don't understand is why the rest of the National Hockey League owners don't welcome Balsillie into their club with open arms. (Sun, 08 Jun 2008 14:50:29 GMT)

Tennessee bankruptcy rate leads nation
Tennessee continues to have the highest bankruptcy rate in the nation and experts are predicting even more filings next year because of the slowing economy. According to a report released last week by (Mon, 09 Jun 2008 03:52:54 GMT)

Oil prices may prompt US Airways' third bankruptcy in seven years
US Airways could be headed for its third bankruptcy in seven years. (Mon, 09 Jun 2008 04:55:11 GMT)

Developer LandSource seeks bankruptcy protection
LandSource Communities Development LLC, a large Californian property developer backed by Calpers, the biggest public U.S. pension fund, said on Sunday it had filed for bankruptcy protection. (Mon, 09 Jun 2008 06:36:23 GMT)

Bankruptcy rate in Tennessee is double nation's
Tennessee continues to have the highest personal bankruptcy rate in the nation and experts are predicting even more filings next year because of the slowing economy. (Mon, 09 Jun 2008 07:13:54 GMT)

Tennessee Leads The Nation In Bankruptcy Rate
Tennessee continues to have the highest personal bankruptcy rate in the nation and experts said they are predicting even more filings next year because of the slowing economy. (Mon, 09 Jun 2008 09:55:07 GMT)

LandSource real estate partnership files for bankruptcy
LandSource Communities Development LLC, a real estate partnership involving the nation's largest public employees pension fund, has filed for Chapter 11 bankruptcy protection. (Mon, 09 Jun 2008 11:11:12 GMT)

Real estate partnership involving CalPERS files for bankruptcy
LOS ANGELES - A 15,000-acre California real estate partnership that has the nation's largest public employees pension fund as a big investor has filed for Chapter 11 bankruptcy protection. (Mon, 09 Jun 2008 12:30:45 GMT)

Knoxville-based Goody's files for Chapter 11 bankruptcy
It's official, Knoxville-based Goody's Family Clothing Incorporated filed Chapter 11 bankruptcy protection on Monday. As part of the filing, Goody's says they plan to close 69 stores and consolidate distribution centers by closing one facility in Russellville, Arkansas. Read the filing online by clicking on this story. (Mon, 09 Jun 2008 13:44:37 GMT)

Restricted Stock Partners Acquires T-REX; Adds Bankruptcy Claims to Online Trading Platform
Restricted Stock Partners announced today that it has acquired Trade Receivable Exchange, Inc. , the largest online auction platform serving the $75 billion bankruptcy trade claims market. (Mon, 09 Jun 2008 14:00:00 GMT)

Del Biaggio files for bankruptcy, lists $57M debts
William "Boots" Del Biaggio III filed for Chapter 11 bankruptcy protection Friday, listing $56.8 million owed to his top 20 creditors. A list of assets wasn't filed. (RIMM) (Mon, 09 Jun 2008 14:54:12 GMT)

Huge California real estate partnership files for bankruptcy
LandSource Communities Development, a real estate partnership involving the nation's largest public employees pension fund, has filed for Chapter 11 bankruptcy protection. (Mon, 09 Jun 2008 15:49:03 GMT)

Goody's files for bankruptcy
KNOXVILLE, Tenn. — Privately owned Goody’s Family Clothing Inc., a moderately priced retailer operating primarily in the Southeast, said Monday it is filing for Chapter 11 bankruptcy protection and will close 69 stores and an Arkansas distribution center. (Tue, 10 Jun 2008 03:40:16 GMT)

Goody's files for bankruptcy, will close 103 of its stores
Privately owned Goody's Family Clothing Inc. said yesterday that it is filing for Chapter 11 bankruptcy protection and will close 103 stores and an Arkansas distribution center. (Tue, 10 Jun 2008 04:11:06 GMT)

Goody's files for Chapter 11 bankruptcy
Goody's Family Clothing Inc. has filed for Chapter 11 bankruptcy and will close 55 underperforming stores, but the Troy location will remain open. (Tue, 10 Jun 2008 06:44:32 GMT)

Goody's files for bankruptcy, closing 4 stores in Indiana
Privately owned Goody's Family Clothing, a moderately priced retailer, said Monday it is filing for Chapter 11 bankruptcy protection and will close 103 stores and a distribution center. Among the stores being closed by the Knoxville, Tenn.-based retailer are locations in Terre Haute, Bloomington, Columbus and Kokomo. It has 355 stores. (AP) (Tue, 10 Jun 2008 06:52:51 GMT)

Goody's files for bankruptcy protection
Knoxville-based Goody's Family Clothing Inc. filed for Chapter 11 bankruptcy protection from its creditors on Monday and will close 69 underperforming stores, including five in Tennessee. (Tue, 10 Jun 2008 07:16:08 GMT)

Goody's clothes chain files for bankruptcy
Goody's Family Clothing Inc, a regional apparel chain with more than 350 stores, has filed for Chapter 11 bankruptcy, hurt by high gas and food prices that have forced consumers to cut back on clothing purchases. (Tue, 10 Jun 2008 08:46:52 GMT)

Commercial project managed by Angler declares bankruptcy
For the second time in seven months, a local project managed by Angler Development is in bankruptcy. Culpeper Crossroads, a massive commercial development slated for the corner of U.S. 29 and Route 3, filed for Chapter 11 on May 27, according to the Alexandria division of the U.S. Bankruptcy Court. (Tue, 10 Jun 2008 09:29:31 GMT)

M.I. developer files for bankruptcy
Lennar Mare Island, part of a 21-company real estate partnership, filed for bankruptcy Sunday, leaving the future of the former naval shipyard's development uncertain. The Chapter 11 bankruptcy filing by parent company LandSource Communities Development, LLC, does not (Tue, 10 Jun 2008 14:14:38 GMT)

Cepiel's Midon Restaurant Corp. files for bankruptcy
Midon Restaurant Corp., headed by longtime area restaurant veteran Donald Cepiel Sr., filed for bankruptcy protection on Monday. (Tue, 10 Jun 2008 18:31:52 GMT)

Raleigh police sergeant files bankruptcy
The city police sergeant whose rental houses have long drawn outrage from Southeast Raleigh residents over drugs, prostitution and assaults has filed for bankruptcy. (Tue, 10 Jun 2008 18:43:19 GMT)

Tennessee Bankruptcy Rate Continues to Lead Nation
Tennessee continues to have the highest personal bankruptcy rate in the nation and experts are predicting even more filings next year because of the slowing economy. According to a report released (Wed, 11 Jun 2008 05:11:15 GMT)

Goody's Family Clothing files for Chapter 11 bankruptcy protection
- Privately owned Goody's Family Clothing Inc., a moderately priced retailer operating primarily in the Southeast, said Monday it is filing for Chapter 11 bankruptcy protection and will close 69 stores and an Arkansas distribution center. (Wed, 11 Jun 2008 07:09:29 GMT)

W.Va. bankruptcy filings edge upward, mirror national trend
CHARLESTON -- West Virginians are filing for bankruptcy at a higher rate than 2007, reflecting a national trend blamed in part on credit-addicted consumers. (Wed, 11 Jun 2008 10:55:21 GMT)

Jefferson City store one of 103 to close in bankruptcy filing
Privately-owned Goody's Family Clothing Inc., a moderately priced retailer operating primarily in the Southeast, said Monday it is filing for Chapter 11 bankruptcy protection and will close 103 stores and an Arkansas distribution center. (Wed, 11 Jun 2008 11:53:39 GMT)

Oregon Home Builder Files For Bankruptcy
PORTLAND, Ore. -- Legend Homes, one of Oregon's largest home builders, filed for bankruptcy after its parent company made some bad land investments. (Wed, 11 Jun 2008 12:29:37 GMT)

Redevelopment partner files Chapter 11 bankruptcy
Lennar Mare Island, part of a 21-company real estate partnership that is redeveloping the former naval shipyard in Vallejo, filed for bankruptcy Sunday, leaving an uncertain future for the development. The Chapter 11 bankruptcy filing by parent company LandSource Communities Development, LLC, does not particularly reflect conditions on the Mare Island reuse project, according to company press (Wed, 11 Jun 2008 13:33:59 GMT)

Headline: Methane gas company files for bankruptcy
The parent company of local methane gas drilling operation Methane Energy Corp. is filing for Chapter 11 bankruptcy. Portland-based Torrent Energy Corp. announced it filed for reorganization in the U.S. Bankruptcy Court in the District of Oregon. (Wed, 11 Jun 2008 14:02:07 GMT)

Immunicon files for bankruptcy
The life-science research product developer has filed for Chapter 11 and will sell its assets to Johnson & Johnson for $31 million. (Wed, 11 Jun 2008 14:47:59 GMT)

Greektown Casino will continue bankruptcy plan
Michigan's Gaming Control Board will allow Greektown Casino to continue its bankruptcy plan. The five-member board has voted Tuesday not to force a sale of the downtown Detroit casino. (Wed, 11 Jun 2008 17:07:00 GMT)

Franklin-based chain files for bankruptcy
Franklin-based gas and convenience store chain Horizon Travel Plazas filed for Chapter 11 bankruptcy on Tuesday, citing soaring gas prices as a reason for the chain's struggle to maintain profits. (Wed, 11 Jun 2008 20:17:32 GMT)

Bankruptcy filings
Bankruptcy filings (Thu, 12 Jun 2008 00:31:00 GMT)

FBI probes Silver State flight school bankruptcy
The FBI is investigating the bankruptcy of Silver State Helicopters LLC, the Las Vegas-based vocational school that left thousands of students without the training they paid for when it closed its doors earlier this year. (Thu, 12 Jun 2008 04:30:35 GMT)

Legend Homes files for bankruptcy
Portland-based developer Legend Homes filed for Chapter 11 bankruptcy Tuesday in U.S. District Court in Eugene, the latest fallout after lender Key Bank’s refusal to extend the firm more credit in May. (Thu, 12 Jun 2008 06:26:22 GMT)

Personal, business bankruptcy filings in Valley up 77%
A weak job market, housing woes and other financial stresses took a toll last month, as 999 Valley residents and firms filed for bankruptcy - a 77 percent jump from 563 in May 2007. (Thu, 12 Jun 2008 06:38:13 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. (Thu, 12 Jun 2008 09:32:21 GMT)

Ex-Newark official agrees to $2 million bankruptcy settlement
Former Newark deputy mayor Alfred Faiella has agreed to pay nearly $2 million to creditors and a court-appointed trustee who have been vigorously contesting his application for personal bankruptcy. (Thu, 12 Jun 2008 10:04:47 GMT)

Brendetta A. Scott and Rhonda Chandler Of Hughes Watters Askanase To Serve as Panelists at Consumer Bankruptcy ...
HOUSTON----Brendetta A. Scott, an associate, and Rhonda Chandler, of counsel, with Hughes Watters Askanase L.L.P. , have been chosen to serve as panelists for two different sessions at the University of Texas School of Law Consumer Bankruptcy Practice event which will be held in Galveston June 19-20. (Thu, 12 Jun 2008 12:07:00 GMT)

Oregon home builder files for bankruptcy
PORTLAND (AP) — Legend Homes, one of Oregon’s largest home builders, filed for bankruptcy after its parent company made some bad land investments. (Thu, 12 Jun 2008 14:02:25 GMT)

Hancock Fabrics preparing to emerge from bankruptcy
TUPELO, Miss. - Hancock Fabrics - which has a store in Gainesville - has filed a reorganization plan with the Securities and Exchange Commission and expects to emerge from bankruptcy in August. (Thu, 12 Jun 2008 16:20:09 GMT)

Bankruptcy court OKs Goody's operation plans
Goody’s Family Clothing, the Knoxville-based retail chain that filed bankruptcy Monday, has received court approval to continue wage and salary payments and benefits as it reorganizes its operation. (Thu, 12 Jun 2008 18:10:55 GMT)

Hancock Fabrics Emerging from Bankruptcy
TUPELO, Miss. (AP) - Hancock Fabrics has filed a reorganization plan with the Securities and Exchange Commission and expects to emerge from bankruptcy in August. (Thu, 12 Jun 2008 22:15:15 GMT)

Bellach's chain in bankruptcy court
One of Marin's oldest furniture chains is in a bankruptcy reorganization that the second-generation owner says could lead to the end of the 70-year-old family (Thu, 12 Jun 2008 23:29:19 GMT)

LeNature's bankruptcy suits could last years
Chief U.S. Bankruptcy Judge M. Bruce McCullough essentially will decide whether LeNature's bankruptcy wraps up quickly or drags on for years. (Fri, 13 Jun 2008 04:14:20 GMT)

Santa Cruz Mortgage files for bankruptcy
Santa Cruz Mortgage, which closed in October after being caught up in the credit crunch, has filed a bankruptcy petition in federal court in San Jose. (Fri, 13 Jun 2008 08:50:17 GMT)

ATA Airlines sues FedEx :Indy carrier says broken military charter pact forced second bankruptcy.
INDIANAPOLIS (AP) -- ATA Airlines is suing FedEx Corp. over its decision to end a military charter business, a move the airline says forced it to seek bankruptcy protection and left it financially destroyed. (Fri, 13 Jun 2008 11:09:56 GMT)

Bankruptcy numbers continue to increase
With no money to spare for parking, Kelly Williams, a struggling single mother of four, left her rented Dundalk home and drove downtown, double-parking her car near the Garmatz Federal Courthouse, as she delivered one last piece of information that would complete her bankruptcy application. (Fri, 13 Jun 2008 12:49:02 GMT)

Twin River tries to avoid bankruptcy
One of R.I.'s two licensed slot parlors has asked to restructure its deal with the state to avoid falling into bankruptcy. (Fri, 13 Jun 2008 13:00:11 GMT)

Legend Homes files for bankruptcy
Portland-based developer Legend Homes filed for Chapter 11 bankruptcy Tuesday in U.S. District Court in Eugene, the latest fallout after lender Key Bank’s refusal to extend the firm more credit in May. (Fri, 13 Jun 2008 14:27:06 GMT)

Bankruptcy court won't be moving
After considering a number of downtown locations, the U.S. Bankruptcy Court has decided to stay put. (Fri, 13 Jun 2008 17:31:11 GMT)

Court grants bankruptcy extension for three former Pope and Talbot mills
VANCOUVER - The fate of three sawmills in British Columbia is on hold after the B.C. Supreme Court granted another extension to bankruptcy proceedings today. (Fri, 13 Jun 2008 20:04:32 GMT)

Bankruptcy judge rejects bonuses for Aloha executives
HONOLULU (AP) - A U.S. Bankruptcy Court has ruled that Aloha Airlines' top two officials shouldn't get bonuses of up to $600,000 each. (Fri, 13 Jun 2008 20:55:43 GMT)

Bankruptcy judge rejects bonuses for Aloha executives
HONOLULU (AP) - A U.S. Bankruptcy Court has ruled that Aloha Airlines' top two officials shouldn't recevie bonuses of up to $600,000 each. (Fri, 13 Jun 2008 20:57:59 GMT)

Mistral Pharma to make proposal to creditors under Bankruptcy and Insolvency Act
MONTREAL - Mistral Pharma Inc. (TSXV:MIP) said Friday that it planned to make a proposal to its creditors under the Bankruptcy and Insolvency Act regarding the sale of its business. (Sat, 14 Jun 2008 01:34:14 GMT)

Legend Homes files for bankruptcy
Portland-based developer Legend Homes filed for Chapter 11 bankruptcy Tuesday in U.S. District Court in Eugene, the latest fallout after lender Key Bank’s refusal to extend the firm more credit in May. (Sat, 14 Jun 2008 04:57:03 GMT)

Willard Hatch, 88, bankruptcy lawyer
A half-century career as a highly respected bankruptcy lawyer in Seattle wasn't enough for Willard Hatch. Even into his 80s, following his... (Sat, 14 Jun 2008 07:30:46 GMT)

Bankruptcy judge to appoint trustee for Cedar Funding
SAN JOSE — A bankruptcy judge Friday said she will appoint a trustee to sort out the tangled finances of Monterey mortgage lender Cedar Funding Inc. (Sat, 14 Jun 2008 08:41:21 GMT)

Plastech bankruptcy could cause Byesville plant to close
COLUMBUS - A Detroit company's bankruptcy could cause a loss of 400 jobs in Byesville, but state officials are fighting to stem the tide of the economic fallout. (Sat, 14 Jun 2008 10:37:33 GMT)

Bankruptcy judge rejects bonuses for Aloha executives
HONOLULU (AP) — A U.S. Bankruptcy Court judge has rejected a request to have Aloha Airlines' top two officials receive bonuses of up to $600,000 each. (Sat, 14 Jun 2008 16:25:05 GMT)

Fearing bankruptcy, Twin River asks R.I for a break
Twin River, the Rhode Island race track and slots parlor owned by the same casino investors backing the Mashpee Wampanoag Tribe, is courting bankruptcy. (Sun, 15 Jun 2008 05:13:27 GMT)

Legend Homes files for bankruptcy
Portland-based developer Legend Homes filed for Chapter 11 bankruptcy Tuesday in U.S. District Court in Eugene, the latest fallout after lender Key Bank’s refusal to extend the firm more credit in May. (Sun, 15 Jun 2008 05:56:23 GMT)

Study: Bankruptcy threatens all big airlines
All of the major airlines could be in bankruptcy by early next year if oil prices stay where they are, a new study predicts. The grim analysis, by the consulting firm AirlineForecasts, was commissioned by the Business Travel Coalition. Its author concludes that the airline industry is in a full-blown crisis "and heading toward a catastrophe." The study found that if fuel prices remain high: ... (Sun, 15 Jun 2008 06:11:00 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. (Sun, 15 Jun 2008 22:27:19 GMT)

Steep Increase Recorded In Corporate Bankruptcy Filings
Corporate bankruptcy filings in New York City have skyrocketed in the first five months of the year, adding to the proof that the economic slowdown is affecting the local economy. Through the end of May, Chapter 11 filings at the federal bankruptcy courts more than tripled versus the same period last year. The number of filings in the first five months climbed to 335 from 104 over the same ... (Mon, 16 Jun 2008 02:56:12 GMT)

Bankruptcy Records for June 16, 2008
Bankruptcy Records for June 16, 2008 (Mon, 16 Jun 2008 05:06:28 GMT)

Bankruptcy numbers in CzechRep up 9% annually--D&B
Prague, June 15 (CTK) - The first months of the year 2008 have confirmed a growth in the number of bankruptcy proceedings in the Czech Republic which has been at 9 percent annually since 2005, according to statistics of the company Dun & Bradstreet. (Mon, 16 Jun 2008 06:05:43 GMT)

Court sides with tax collectors in bankruptcy dispute
WASHINGTON - The Supreme Court on Monday ruled in favor of state tax collectors in a dispute involving bankruptcy court protection for failing businesses. (Mon, 16 Jun 2008 14:18:33 GMT)

Justices rule in favor of state tax collectors
The Supreme Court ruled Monday in favor of state tax collectors in a dispute involving bankruptcy court protection for failing businesses. (Mon, 16 Jun 2008 14:29:48 GMT)

Justices rule in favor of state tax collectors in Florida case
The Supreme Court ruled in favor of state tax collectors in a dispute involving bankruptcy court protection for failing businesses. (Mon, 16 Jun 2008 14:45:29 GMT)

High Court Rules 7-2 On Transfer Taxes In Piccadilly Bankruptcy
WASHINGTON -(Dow Jones)- The U.S. Supreme Court Monday, in a case involving the bankruptcy of Piccadilly Cafeterias Inc., ruled that companies can't avoid the payment of transfer taxes on asset transfers made before a court confirms a bankruptcy plan. (Mon, 16 Jun 2008 14:57:46 GMT)

Creditors OK Wornick's bankruptcy reorganization plan
Wornick Co.'s emergence from Chapter 11 bankruptcy could come by the end of the month, after creditors approved the company's reorganization plan filed in April. (Mon, 16 Jun 2008 17:10:49 GMT)

Economic slide means bankruptcy business rising
Business for bankruptcy attorneys in metro Atlanta, unfortunately, is booming. (Mon, 16 Jun 2008 17:29:09 GMT)

Soft-serve startup melts into $6M bankruptcy
A Rocklin startup that makes ice cream dispensers filed for Chapter 7 bankruptcy, claiming only its office security deposit and $100 in cash as assets. (Mon, 16 Jun 2008 19:57:38 GMT)

Bankruptcy bucks
Picture an eBay for bankruptcy claims, and you'll have a pretty good idea what David Williams' company does. (Mon, 16 Jun 2008 19:58:07 GMT)

Bankruptcy filings jump
Business bankruptcy filings in Delaware, where many companies are incorporated, skyrocketed in late 2007 and the first quarter of this year. Yet, bankruptcy lawyers said there has yet to be a wave of filings from developers, lenders, builders and other entities connected to the credit crisis. (Mon, 16 Jun 2008 19:58:17 GMT)

Bankruptcy rising among seniors
From 1991 to 2007, the rate of personal bankruptcy filings among those ages 65 or older jumped by 150%, according to AARP, which will release new research from the Consumer Bankruptcy Project on Tuesday. The most startling rise occurred among those ages 75 to 84, whose rate soared 433%. (Tue, 17 Jun 2008 02:11:10 GMT)

Bankruptcy among seniors has been increasing sharply
Swamped by debt and rising medical bills, elderly Americans have been seeking bankruptcy protection at sharply faster rates than other adults, a study to be released today indicates. (Tue, 17 Jun 2008 06:35:30 GMT)

Bankruptcy and car repossession
In bankruptcy, couple can probably say so long to debt on a repossessed vehicle, says the Bankruptcy Adviser. (Tue, 17 Jun 2008 10:00:00 GMT)

Former U.S. Chief Bankruptcy Judge, E.D.N.Y., Melanie Cyganowski Joins Otterbourg, Steindler, Houston & Rosen
Former U.S. Chief Bankruptcy Judge Melanie L. Cyganowski has joined the law firm of Otterbourg, Steindler, Houston & Rosen, P.C. as a member of the firm. Cyganowski served for 14 years, from 1993 to 2007, as a United States Bankruptcy Judge for the Eastern District of New York. (Tue, 17 Jun 2008 12:05:00 GMT)

Minn. Home Builder Files For Bankruptcy Protection
One of Minnesota's largest home builders has filed for Chapter 11 bankruptcy protection. (Tue, 17 Jun 2008 12:32:08 GMT)

UK murder suspect 'considered bankruptcy'
The jury at the trial of a British man accused of double murder in the US hear he considered filing for bankruptcy. (Tue, 17 Jun 2008 23:47:50 GMT)

Corporate Bankruptcy Filings Lag, for Now
Law firms have been preparing for the next wave of corporate bankruptcies for the past two years, and while there's been a 40 percent increase in filings over the past year, restructuring attorneys are starting to think that the surge may be more of a swell than a tsunami. Loan terms favorable to borrowers, more secured corporate debt, 2005 bankruptcy law changes and other factors have ... (Wed, 18 Jun 2008 01:56:45 GMT)

1 2 Next


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