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Home > Bankruptcy News

Bankruptcy News Aug 2008

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Oil buyer's bankruptcy puts many in big bind
The recent bankruptcy of a Tulsa, Okla., energy trading company that lost more than $2.4 billion speculating on crude-oil prices has forced the shutdown of some oil wells in the Williston Basin of Montana and North Dakota. (Fri, 01 Aug 2008 07:37:25 GMT)

Boscov's CEO upbeat despite bankruptcy rumors
The top executive at Boscov's Department Store L.L.C. would neither confirm nor deny yesterday a report that the Reading department store chain could file for bankruptcy as early as Monday. (Fri, 01 Aug 2008 08:09:34 GMT)

IndyMac Bancorp Files for Bankruptcy After Seizure (Update1)
Aug. 1 (Bloomberg) -- IndyMac Bancorp Inc. , the second- largest independent mortgage lender in the U.S. before it was seized by federal bank regulators last month, filed for bankruptcy liquidation. (Fri, 01 Aug 2008 11:06:02 GMT)

IndyMac Bancorp to file for Chapter 7 bankruptcy
IndyMac Bancorp, the California mortgage lender seized last month by the Federal Deposit Insurance Corp., says it will file for Chapter 7 bankruptcy protection. (Fri, 01 Aug 2008 11:06:39 GMT)

IndyMac Bancorp to file for Chapter 7 bankruptcy
(AP:NEW YORK) IndyMac Bancorp, the California mortgage insurer seized last month by the Federal Deposit Insurance Corp., says it will file for Chapter 7 bankruptcy protection. (Fri, 01 Aug 2008 11:16:56 GMT)

IndyMac, Now Run by F.D.I.C., Will File Bankruptcy
The decision to file for Chapter 7 bankruptcy protection is an indication that it will liquidate its assets and shut down. (Fri, 01 Aug 2008 11:28:08 GMT)

IndyMac Files for Bankruptcy Protection
IndyMac Bancorp , the mortgage lender seized by federal bank regulators three weeks ago, filed for bankruptcy protection in Los Angeles to liquidate its remaining assets. (Fri, 01 Aug 2008 12:01:21 GMT)

Despite chain’s bankruptcy, Michigan Bennigan’s will stay open
While many Bennigan’s restaurants made ready to close their doors today in the wake of the company’s bankruptcy filing, the biggest problem for local Bennigan’s eateries might be answering all the phone calls and saying, yes, the soup’s still on. (Fri, 01 Aug 2008 12:15:15 GMT)

Hancock Fabrics to exit bankruptcy
Hancock Fabrics Incorporated expects to emerge from bankruptcy protection in the few days. (Fri, 01 Aug 2008 12:24:36 GMT)

IndyMac Bancorp files for Chapter 7 bankruptcy
NEW YORK (Reuters) - IndyMac Bancorp Inc (IDMC.PK), once one of the largest U.S. mortgage lenders, has filed for bankruptcy protection, less than three weeks after being seized by federal regulators following a bank run by depositors. (Fri, 01 Aug 2008 14:36:18 GMT)

IndyMac to file for bankruptcy
California mortgage lender says it will file for Chapter 7 bankruptcy protection after being seized by the FDIC. (Fri, 01 Aug 2008 16:15:48 GMT)

Filing for Bankruptcy Becomes More Costly
Individuals who have filed for bankruptcy protection since Congress overhauled U.S. bankruptcy laws in 2005 have faced a more expensive process as attorneys' fees have risen by roughly half, according to a government report. (Fri, 01 Aug 2008 17:05:00 GMT)

IndyMac Bancorp files for Chapter 7 bankruptcy
IndyMac Bancorp Inc., former holding company of the California mortgage lender seized last month by the Federal Deposit Insurance Corp., has filed for Chapter 7 bankruptcy protection. (Fri, 01 Aug 2008 19:04:09 GMT)

IndyMac Bancorp files for Chapter 7 bankruptcy
IndyMac Bancorp Inc , once one of the largest U.S. mortgage lenders, has filed for bankruptcy protection, less than three weeks after being seized by federal regulators following a bank run by depositors. (Fri, 01 Aug 2008 22:28:00 GMT)

Bankruptcy puts many in bind
The recent bankruptcy of a Tulsa, Okla., energy trading company that lost more than $3.2 billion speculating on crude-oil prices has forced the shutdown of some oil wells in the Williston Basin of Montana and North Dakota. (Sat, 02 Aug 2008 09:20:46 GMT)

Bennigan's closes amid bankruptcy filing
Bennigan’s restaurants in Kane County had closed doors Tuesday, after the Irish-themed restaurant filed for bankruptcy. (Sat, 02 Aug 2008 09:41:26 GMT)

Hancock Fabrics exits bankruptcy, eyes growth
BALDWYN - Hancock Fabrics held an employee celebration Friday afternoon in anticipation of the company's emergence from Chapter 11 bankruptcy protection. (Sat, 02 Aug 2008 10:39:18 GMT)

Bankruptcy judge calls distribution of worthless checks reckless
A bankruptcy judge described the distribution of worthless paychecks to former Living Hope Psychiatric Hospital employees as reckless at a hearing Thursday in Little Rock. (Sat, 02 Aug 2008 13:12:54 GMT)

Despite chain’s bankruptcy, Michigan Bennigan’s will stay open
While many Bennigan’s restaurants made ready to close their doors today in the wake of the company’s bankruptcy filing, the biggest problem for local Bennigan’s eateries might be answering all the phone calls and saying, yes, the soup’s still on. (Sat, 02 Aug 2008 17:44:25 GMT)

50 airlines set for bankruptcy in Europe this winter
At least fifty airline companies are facing the threat of bankruptcy this winter as fuel costs are making their flights inoperable. (Sat, 02 Aug 2008 17:46:48 GMT)

Bankruptcy puts many in bind
The recent bankruptcy of a Tulsa, Okla., energy trading company that lost more than $3.2 billion speculating on crude-oil prices has forced the shutdown of some oil wells in the Williston Basin of Montana and North Dakota. (Sun, 03 Aug 2008 05:19:41 GMT)

Bennigan's closes amid bankruptcy filing
Bennigan’s restaurants in Kane County had closed doors Tuesday, after the Irish-themed restaurant filed for bankruptcy. (Sun, 03 Aug 2008 10:25:05 GMT)

U.S. retailer Boscov's files bankruptcy, may be sold
U.S. department store chain Boscov's Inc filed for Chapter 11 bankruptcy protection on Monday and put itself up for sale, becoming the latest retailer to succumb to a weak economy and tight credit. (Mon, 04 Aug 2008 11:42:11 GMT)

Boscov's Department Stores Seek Bankruptcy Protection (Update1)
Aug. 4 (Bloomberg) -- Boscov's Inc., the Reading, Pennsylvania-based department-store chain, filed for Chapter 11 bankruptcy protection in Wilmington, Delaware, today, citing decreased consumer spending. (Mon, 04 Aug 2008 12:56:56 GMT)

Boscov’s Files for Bankruptcy Protection
Boscov’s , which describes itself as the largest family-owned, full-service department store chain in the United States, filed for Chapter 11 bankruptcy protection early Monday. (Mon, 04 Aug 2008 13:13:55 GMT)

Retailer Boscov's files bankruptcy, may be sold
NEW YORK (Reuters) - Department store chain Boscov's Inc filed for Chapter 11 bankruptcy protection on Monday and put itself up for sale, becoming the latest retailer to succumb to a weak economy and tight credit. (Mon, 04 Aug 2008 13:14:53 GMT)

Children's book publisher Playmore files for bankruptcy
Playmore, a publisher of low-priced children's books, has filed for bankruptcy protection , according to the Record of Hackensack. The Hackensack firm reported assets of $6.8 million and liabilities of $5.2 million, the paper said, citing a Chapter 11 filing in federal bankruptcy court in Newark. (Mon, 04 Aug 2008 13:18:46 GMT)

Report: Boscov's Seeks Bankruptcy Protection
Local family-owned department store Boscov's is reportedly filing for bankruptcy protection. (Mon, 04 Aug 2008 13:47:25 GMT)

Boscov's Department Stores Seek Bankruptcy Protection (Update2)
Aug. 4 (Bloomberg) -- Boscov's Inc., the 9,500-employee department-store chain founded in 1911 in Reading, Pennsylvania, filed for Chapter 11 bankruptcy protection in Wilmington, Delaware, today, citing decreased consumer spending. (Mon, 04 Aug 2008 13:48:04 GMT)

Retailer Boscov's files bankruptcy, may be sold
Department store chain Boscov's Inc filed for Chapter 11 bankruptcy protection on Monday and put itself up for sale, becoming the latest retailer to succumb as consumers reduce spending. (Mon, 04 Aug 2008 14:29:28 GMT)

Boscov's seeks bankruptcy protection
Boscov's Inc., the 9,500-employee department-store chain founded in 1911 in Reading, filed for Chapter 11 bankruptcy protection in Wilmington, Delaware, today, citing decreased consumer spending. (Mon, 04 Aug 2008 14:56:56 GMT)

WCI Communities Files for Chapter 11 Bankruptcy as Housing Woes Persist
Florida-based homebuilder WCI Communities Inc. (WCI: sentiment, chart, options) said today that it has filed for Chapter 11 bankruptcy protection while it attempts to restructure %241.8 billion in debt...( Read More ) (Mon, 04 Aug 2008 14:57:25 GMT)

WCI Communities files for Chapter 11 bankruptcy
Home builder WCI Communities Inc said on Monday it and about 130 of its subsidiaries filed for Chapter 11 bankruptcy protection because it failed to obtain the financing that would keep $1.8 billion of debt out of default. (Mon, 04 Aug 2008 15:39:33 GMT)

Retailer Boscov's seeks bankruptcy protection
The troubled chain Boscov's Department Store LLC filed for Chapter 11 bankruptcy protection on Monday, becoming the latest victim of a harsh consumer spending environment. (Mon, 04 Aug 2008 15:45:45 GMT)

Retailer Boscov's seeks bankruptcy protection
The troubled department store chain Boscov's is filing for Chapter 11 bankruptcy protection. (Mon, 04 Aug 2008 16:05:39 GMT)

WCI Communities files for bankruptcy
Carl Icahn's WCI Communities became the latest casualty of the housing market crisis Monday, filing for Chapter 11 bankruptcy protection after the home builder failed to get additional financing in the face of massive losses. (Mon, 04 Aug 2008 17:47:49 GMT)

A Home Builder Led by Icahn Files for Bankruptcy Protection
Stock in WCI Communities lost almost all its value after the company filed for bankruptcy protection after failing to obtain financing to stay afloat. (Tue, 05 Aug 2008 02:36:31 GMT)

Icahn-led WCI Communities files for bankruptcy
NEW YORK (Reuters) - Home builder WCI Communities Inc (WCI.N) filed for Chapter 11 bankruptcy protection after failing to obtain financing to stay afloat, chairman Carl Icahn said on Monday. (Tue, 05 Aug 2008 04:46:06 GMT)

Homebuilder files for bankruptcy
WCI Communities, the homebuilder whose chairman is billionaire investor Carl Icahn, filed for Chapter 11 bankruptcy protection after failing to obtain new financing and losing 90 percent of its value in the past year. (Tue, 05 Aug 2008 06:58:48 GMT)

Boscov's in bankruptcy
Chapter 11 filing means 3 stores in Baltimore area will close soon Regional department store chain Boscov's Inc. filed yesterday for Chapter 11 bankruptcy protection and said it would close 10 stores, including anchors in three of the Baltimore area's largest malls, as the company suffers from slumping sales amid the housing and credit crunch. (Tue, 05 Aug 2008 10:23:09 GMT)

Boscov's files for bankruptcy
Struggling retailer Boscov's Inc. filed for Chapter 11 bankruptcy protection on Monday and said it would close its store at Monmouth Mall in Eatontown. (Tue, 05 Aug 2008 10:44:19 GMT)

Boscov's bankruptcy: Local stores not on closure list
Boscov's Inc. has filed for bankruptcy protection and will close less than a dozen of its stores, but the list of affected sites does not include the store under construction in Hanover. (Tue, 05 Aug 2008 14:17:28 GMT)

Maker of 'Mr. Bubble' files for bankruptcy protection
Ascendia Brands, the Hamilton-based maker of health and beauty products such as Mr. Bubble, Baby Magic and Calgon, said it has filed a voluntary petition for reorganization under Chapter 11 bankruptcy protection and is seeking a buyer for the business, according a report by Reuters. (Wed, 06 Aug 2008 00:30:34 GMT)

SemGroup's $150 Million Bankruptcy Loan Approved by Judge
Aug. 6 (Bloomberg) -- SemGroup LP , the oil transporter pushed into bankruptcy by $2.4 billion in energy-trading losses, can borrow as much as $150 million to keep operating while it prepares to sell its assets, a judge ruled. (Wed, 06 Aug 2008 04:48:15 GMT)

Bridgecorp founder back in court on bankruptcy filing
Bridgecorp executive director Rod Petricevic faces bankruptcy proceedings in the High Court in Auckland tomorrow. (Wed, 06 Aug 2008 05:15:24 GMT)

Developer declares bankruptcy
DANBURY -- WCI Communities Inc. -- the builder of the multi-million dollar Rivington project on the city's west side -- will strive to complete the project, while restructuring its finances under a Chapter 11 bankruptcy."It's business as usual," company spokeswoman Maya Pagoda said Tuesday. (Wed, 06 Aug 2008 06:46:09 GMT)

Boscov's declares bankruptcy
Struggling retailer Boscov's Inc. filed for Chapter 11 bankruptcy protection on Monday and said it would close its store at Monmouth Mall in Eatontown. (Wed, 06 Aug 2008 08:13:55 GMT)

Boscov’s files Chapter 11 bankruptcy
One of three Boscov’s stores in the Harrisburg area will close after the department store chain filed for Chapter 11 bankruptcy protection in Delaware on Monday. (Wed, 06 Aug 2008 09:49:37 GMT)

City hopes to avoid bankruptcy
SHAMOKIN — With the city $2.7 million in debt, the council is scheduled to meet at 6 p.m. today in a special work session with a representative from the Pennsylvania Economy League, who will present a review of the city’s finances and a five-year financial trend line, along with recommendations intended to help the city avoid bankruptcy. (Wed, 06 Aug 2008 11:44:36 GMT)

Bankruptcy Court Approves $127M Financing for Lake Las Vegas Developer
The court handling the bankruptcy of Las Vegas Joint Venture L.L.C., the master developer of the Lake Las Vegas Resort, has approved a $127 million debtor-in-possession financing agreement with a group of lenders led by Credit Suisse as agent. (Wed, 06 Aug 2008 14:21:05 GMT)

Cross-examination dominates 4th day of bankruptcy trial
SACRAMENTO - A Vallejo employee union attorney asked a key finance official Tuesday why the city has not used new revenue sources to dig itself out of bankruptcy. The latest Chapter 9 bankruptcy court proceedings consisted solely of the cross-examination of Vallejo (Wed, 06 Aug 2008 14:51:33 GMT)

Petricevic on bankruptcy watch - judge to decide fate this afternoon
Rod Petricevic will find out at 4.45pm today whether he is bankrupt. A bankruptcy hearing for the Bridgecorp founder has been held in the High Court at Auckland, with the judge due to deliver his decision in a couple of hours. (Thu, 07 Aug 2008 03:15:57 GMT)

Obituary: Robert E. Woodward led U.S. prosecutors in Sacramento, helped debtors as bankruptcy judge
Robert E. Woodward, who prosecuted criminals as the top U.S. law enforcement officer in Sacramento and helped debtors restore their credit and self-esteem as an innovative bankruptcy judge, died Friday at age 94. Robert E. Woodward Born: July 17, 1914 Died: Aug. 1, 2008 Remembered for: In charge of assistant U.S. attorney's office in Sacramento and responsible for prosecution of ... (Thu, 07 Aug 2008 07:07:27 GMT)

Bankruptcy filings in state more than double from year ago
Bankruptcy filings soared last month as more consumers lost control over their finances. (Thu, 07 Aug 2008 07:51:07 GMT)

Kerry Katona fights bankruptcy in court
Kevin Reed, Accountancy Age , Thursday 7 August 2008 at 09:53:00 Katona in court in battle against taxman Kerry Katona will attempt to stave off bankruptcy in the courts today. Katona, the former pop star and 'I'm a celebrity' participant, has to pay the remaining £157,000 of a... (Thu, 07 Aug 2008 09:18:01 GMT)

Kerry Katona fights bankruptcy in court
Kerry Katona will attempt to stave off bankruptcy in the courts today. Katona, the former pop star and 'I'm a celebrity' participant, has to pay a remaining £157,000 of a £417,000 taxman's bill. (Thu, 07 Aug 2008 09:25:44 GMT)

Katona given bankruptcy reprieve
Former Atomic Kitten star Kerry Katona has been given a further two weeks reprieve in her bankruptcy battle with the taxman. (Thu, 07 Aug 2008 11:03:16 GMT)

Katona given bankruptcy reprieve
Former Atomic Kitten star Kerry Katona has been given a further two-week reprieve in her bankruptcy battle with the taxman. At a brief hearing in London a bankruptcy registrar adjourned the case until August 21. (Thu, 07 Aug 2008 12:07:37 GMT)

Doping-tainted sports face "moral bankruptcy"
BEIJING (Reuters) - Sports tainted by doping scandals are at risk of "moral bankruptcy" if positive tests continue to emerge, the head of the World Anti-Doping Agency (WADA) said on Thursday. (Thu, 07 Aug 2008 12:44:30 GMT)

Katona given two week bankruptcy reprieve
Former Atomic Kitten star Kerry Katona was given a further two-week reprieve at the High Court today in her bankruptcy battle with the taxman. (Thu, 07 Aug 2008 14:09:01 GMT)

Some Vallejoans want voices heard in bankruptcy trial
In the clamor of voices surrounding Vallejo's bankruptcy proceedings, some residents say they, too, wish to be heard equally. City resident J.D. Miller, who works as a certified public accountant, has requested that residents receive representation during both the federal (Thu, 07 Aug 2008 14:51:26 GMT)

Katona given two-week bankruptcy reprieve
Former Atomic Kitten star Kerry Katona was given a further two-week reprieve at the High Court today in her bankruptcy battle with the taxman. (Thu, 07 Aug 2008 15:39:21 GMT)

NEW: Court orders Rep. Terrill's bankruptcy case reopened
State Rep. Randy Terrill's 2005 bankruptcy case will be reopened, a federal judge ruled Thursday.U.S. Federal Bankruptcy Judge T.M. Weaver - the same federal bankruptcy judge who originally ordered Terrill's discharge - issued an order at 11:05 a.m. Thursday, reopening the 2005 case.Weaver - a bankruptcy judge for the Western Oklahoma District - had ordered a discharge of Terrill's debts under ... (Thu, 07 Aug 2008 20:56:27 GMT)

Court orders Rep. Terrill's bankruptcy case reopened
OKLAHOMA CITY -- State Rep. Randy Terrill's 2005 bankruptcy case will be reopened, a federal judge ruled Thursday.U.S. Federal Bankruptcy Judge T.M. Weaver -- the same federal bankruptcy judge who originally ordered Terrill's discharge -- issued an order at 11:05 a. (Fri, 08 Aug 2008 04:12:28 GMT)

ContinentalAFA files for Chapter 11 bankruptcy
St. Peters-based ContinentalAFA Dispensing Co. on Thursday filed for Chapter 11 bankruptcy protection, and blamed its financial difficulties on foreign competition, operational difficulties and the loss of a key customer. (Fri, 08 Aug 2008 05:51:19 GMT)

Attorney in Fox bankruptcy case quits
Todd Fox's bankruptcy attorney quit Tuesday over a dispute surrounding the sale of the failed body shop chain's final piece of property. Wichita bankruptcy attorney Ed Nazar filed a request to withdraw from the case Tuesday in U.S. Bankruptcy Court. In the request, Nazar tied the motion to Fox's refusal to close the sale of his shop at 12012 E. Kellogg. According to Nazar's written request ... (Fri, 08 Aug 2008 06:14:49 GMT)

Boscov’s files Chapter 11 bankruptcy
One of three Boscov’s stores in the Harrisburg area will close after the department store chain filed for Chapter 11 bankruptcy protection in Delaware on Monday. (Fri, 08 Aug 2008 06:26:26 GMT)

Orangeburg man guilty of bankruptcy fraud
Columbia, S.C. - United States Attorney W. Walter Wilkins stated that Tommy Charles Harrison, Jr., 42, of Orangeburg, pled guilty in federal court in Columbia to making a fraudulent statement on a Chapter 13 voluntary bankruptcy petition. (Fri, 08 Aug 2008 06:52:57 GMT)

Grant Thornton Says Supplier Bankruptcy Risk High
Lower industry volumes and the massive decline in truck and SUV sales have put as many as one-third of automotive suppliers in North America at risk of bankruptcy, according to the Summer 2008 Automotive Industry Review prepared by Grant Thornton Corporate Advisory and Restructuring Services. (Fri, 08 Aug 2008 12:30:00 GMT)

Residents tell Jefferson County commissioners to file for bankruptcy
More than 200 people crowded into the auditorium and an overflow room at the Homewood Public Library for a rally Thursday evening and overwhelmingly indicated they favored bankruptcy as the solution for the county's sewer debt crisis. (Fri, 08 Aug 2008 13:52:13 GMT)

Terrill bankruptcy case reviewed
Associated Press - August 8, 2008 11:55 AM ET OKLAHOMA CITY (AP) - A federal judge is reopening state Representative Randy Terrill's 2005 bankruptcy filing. (Fri, 08 Aug 2008 16:03:15 GMT)

Terrill Bankruptcy Case Reviewed
A federal judge has reopened state Rep. Randy Terrill's 2005 bankruptcy filing after reports surfaced that the Republican lawmaker failed to disclose important information in the case. (Fri, 08 Aug 2008 16:40:54 GMT)

Terrill bankruptcy case reviewed
 A federal judge has reopened state Rep. Randy Terrill's 2005 bankruptcy filing after reports surfaced that the lawmaker failed to disclose important information in the case. (Fri, 08 Aug 2008 19:51:35 GMT)

Foreign knock-offs sink Continental AFA Dispensing Co. into bankruptcy
Continental AFA Dispensing Co. filed for Chapter 11 bankruptcy protection Thursday, saying it bled money from cheap import knock-offs, aging equipment, and integration problems after an acquisition and the escalating cost of petroleum-based raw materials. (Fri, 08 Aug 2008 20:09:32 GMT)

Rep. Terrill asks court to deny reopening bankruptcy petition
OKLAHOMA CITY -- One day after he said and his wife "didn't object at all" to a federal bankruptcy judge's order reopening his Chapter 7 bankruptcy filing, an attorney for state Rep. Randy Terrill filed a motion in federal court Friday asking the court not to reopen the case. (Sat, 09 Aug 2008 04:12:13 GMT)

Bankruptcy reopening doesn't stun state Rep. Randy Terrill
A federal judge is reopening state Rep. Randy Terrill's bankruptcy case. The move comes amid questions about whether Terrill failed to list as an asset money his 2004 campaign committee owed him. Bankruptcy trustee John D. Mashburn, who requested the case be reopened, declined to comment on the case Friday. Terrill, R-Moore, said he was not surprised by federal Judge T.M. Weaver's action because ... (Sat, 09 Aug 2008 05:19:21 GMT)

Boscov’s files Chapter 11 bankruptcy
One of three Boscov’s stores in the Harrisburg area will close after the department store chain filed for Chapter 11 bankruptcy protection in Delaware on Monday. (Sat, 09 Aug 2008 05:25:06 GMT)

Competing Retailers Keep Watchful Eye on Mervyns Bankruptcy
Retail chain Mervyns LLC’s July bankruptcy filing may point to rough waters ahead for mid-tier department stores. Discount national chains could lure customers away while the troubled retailer attempts to recover from the slumping economy. (Sat, 09 Aug 2008 07:53:25 GMT)

Pizza Hut franchisee files for bankruptcy
One of Pizza Hut's largest franchisees, with six restaurants in Kentucky and dozens of others in Ohio and West Virginia, has filed for Chapter 11 bankruptcy protection for a second time. (Sat, 09 Aug 2008 09:04:13 GMT)

Company Files For Chapter Eleven Bankruptcy
One of Pizza Hut's largest franchise companies, which owns several Eastern Kentucky restaurants, is filing for bankruptcy. (Sat, 09 Aug 2008 22:19:47 GMT)

Considering bankruptcy? What you need to know now
The toll that the weak economy has taken on consumers’ pocketbooks can be seen in the growing number of personal bankruptcies filed. Consumer bankruptcy filings soared 30 percent nationwide during the first six months of this year from the like period a year ago, according to the American Bankruptcy Institute. “The overall trend of rising bankruptcies reflects the growing financial strain felt ... (Sun, 10 Aug 2008 04:17:09 GMT)

Diocese owes bankruptcy advisers $2 million
 The bills for the attorneys and other professionals who worked on the Diocese of Davenport’s bankruptcy total just more than $2 million, records show. (Sun, 10 Aug 2008 07:13:42 GMT)

Boscov’s files Chapter 11 bankruptcy
One of three Boscov’s stores in the Harrisburg area will close after the department store chain filed for Chapter 11 bankruptcy protection in Delaware on Monday. (Sun, 10 Aug 2008 09:38:57 GMT)

Pizza Hut Franchise Company Files for Bankruptcy
One of Pizza Hut's largest franchise companies, which owns several eastern Kentucky restaurants, is filing for bankruptcy. (Sun, 10 Aug 2008 17:34:37 GMT)

Bankruptcy Records for August 11, 2008
Bankruptcy records (Mon, 11 Aug 2008 05:14:03 GMT)

Carrollton Bank reduces claim in bankruptcy case
More than two years after A&B Check Cashing collapsed amid allegations of fraud, it has reached a proposed settlement with one of the banks where A&B deposited checks. (Mon, 11 Aug 2008 07:27:42 GMT)

Filing shows impact of SemGroup's bankruptcy goes well beyond Kansas oil patch
As the multibillion-dollar bankruptcy proceedings continue for Tulsa's SemGroup and its subsidiaries, a check of the 900-page list of creditors shows a large cross-section of hundreds of Kansas businesses that are owed money. (Mon, 11 Aug 2008 07:28:32 GMT)

Lawyer sees rise in bankruptcy cases
Natalie D. Ramsey has handled bankruptcies through two recessions, so far. As chair of the Bankruptcy and Corporate Restructuring Practice of Montgomery, McCracken, Walker & Rhoads L.L.P. of Philadelphia, she also has had a close-up view of the bankruptcy practice as it has changed in recent years. (Mon, 11 Aug 2008 08:15:49 GMT)

Boscov’s files Chapter 11 bankruptcy
One of three Boscov’s stores in the Harrisburg area will close after the department store chain filed for Chapter 11 bankruptcy protection in Delaware on Monday. (Mon, 11 Aug 2008 09:19:47 GMT)

Bankrupt Retailers: Pushed to the Brink
On Feb. 19 the electronic gizmo retailer Sharper Image filed for Chapter 11 bankruptcy protection. As part of its court filing, Sharper Image management committed to its lenders to close 90 of its 184 stores. But within weeks, newly appointed Chief Executive Robert Conway decided to liquidate the rest of the stores. Conway, who is a principal at turnaround specialist Conway, Del Genio, Greiss & ... (Mon, 11 Aug 2008 12:08:41 GMT)

Company that owns Pizza Hut franchises in eastern Ky. files for bankruptcy
GOODY, Ky. — Citing the increase in the minimum wage, rising cost of ingredients and unfavorable term leases, Midland Food Services, a franchise company that owns several Pizza Hut restaurants across the country, filed for bankruptcy protection late last week. (Mon, 11 Aug 2008 13:18:05 GMT)

Encap versus Wachovia in bankruptcy court
The battle between EnCap Golf and Wachovia Bank over $42 million is headed for a U.S. Bankruptcy Court hearing next week, with an EnCap attorney claiming that Wachovia shouldn't be allowed to “take its marbles and go home.” (Mon, 11 Aug 2008 22:25:11 GMT)

Bankruptcy trustee challenges clause in Countrywide accord
Countrywide Financial Corp.'s settlement of mortgage mismanagement claims in Pittsburgh faces a challenge from Roberta DeAngelis, acting U.S. Bankruptcy Court trustee, who says the deal may harm her office's investigation of the company. (Tue, 12 Aug 2008 04:16:39 GMT)

Webb declares bankruptcy
A former San Bernardino County sheriff's deputy who was captured on video in 2006 shooting an Iraq war veteran following a high-speed chase has declared bankruptcy. (Tue, 12 Aug 2008 04:58:33 GMT)

Company that owns Pizza Hut franchises in eastern Ky. files for bankruptcy
GOODY, Ky. — Citing the increase in the minimum wage, rising cost of ingredients and unfavorable term leases, Midland Food Services, a franchise company that owns several Pizza Hut restaurants across the country, filed for bankruptcy protection late last week. (Tue, 12 Aug 2008 06:48:06 GMT)

Dover law firm expands bankruptcy practice
DOVER – Burns, Bryant, Cox, Rockefeller & Durkin, P.A. is expanding its practice to include bankruptcy representation. The practice will be led by Sabrina C. Beavens who joined the firm in 2006 after practicing primarily bankruptcy law in St. Petersburg, Fla. (Tue, 12 Aug 2008 07:20:39 GMT)

Broker invokes Fifth at bankruptcy hearing
Brentwood stockbroker Michael J. Park refused to answer questions at a bankruptcy meeting with creditors on Monday, keeping mum during the first chance by investors to confront him over what they say are millions of lost dollars. (Tue, 12 Aug 2008 07:26:00 GMT)

When bankruptcy paperwork is incorrect
Patiently play the game of musical telephone to correct bankruptcy mistakes, says the Bankruptcy Adviser. (Tue, 12 Aug 2008 10:00:00 GMT)

Boscov’s files Chapter 11 bankruptcy
One of three Boscov’s stores in the Harrisburg area will close after the department store chain filed for Chapter 11 bankruptcy protection in Delaware on Monday. (Tue, 12 Aug 2008 10:15:25 GMT)

Issa places more firms in voluntary bankruptcy
The British developer who owns Buffalo's Statler Towers has placed two more of his English companies in voluntary bankruptcy. (Tue, 12 Aug 2008 11:12:27 GMT)

Modesto bankruptcy court finds a new home
Modesto's division of the U.S. Bankruptcy Court moved Monday into new offices at 1200 I St., Suite 4. (Tue, 12 Aug 2008 12:26:08 GMT)

Pier owner loses bankruptcy fight
A pier owner vows to fight to have a bankruptcy order discharged, despite losing an appeal. (Tue, 12 Aug 2008 16:23:51 GMT)

Ex-deputy who shot airman files for bankruptcy
The ex-San Bernardino County sheriff's deputy videotaped shooting an unarmed Iraq War veteran after a road chase has filed for bankruptcy protection. Ivory Webb Jr. was acquitted of all criminal charges in the case last year but he's still facing a Los... (Tue, 12 Aug 2008 17:20:15 GMT)

Greektown set to meet deadlines on new hotel-casino, bankruptcy exit
DETROIT -- Greektown Casino is on track to complete construction of its new hotel-casino-resort complex in time to meet deadlines imposed by creditors as part of its agreement to exit bankruptcy, a representative for the gambling hall told the Michigan Gaming Control Board at its Tuesday meeting. (Tue, 12 Aug 2008 19:33:46 GMT)

Ex-deputy who shot airman files for bankruptcy
The ex-San Bernardino County sheriff's deputy videotaped shooting an unarmed Iraq War veteran after a road chase has filed for bankruptcy protection. Read comments (Tue, 12 Aug 2008 21:45:55 GMT)

Grant Thornton Says Auto Supplier Bankruptcy Risk High
SOUTHFIELD - Lower industry volumes and the massive decline in truck and SUV sales have put as many as one-third of automotive suppliers in North America at risk of bankruptcy, according to the Summer 2008 Automotive Industry Review prepared by Grant Thornton Corporate Advisory and Restructuring Services. At the same time, bankruptcy concerns for the Detroit Three domestic automakers are ... (Wed, 13 Aug 2008 00:54:29 GMT)

Ex-San Bernardino County deputy from 2006 videotaped shooting files bankruptcy
The former San Bernardino County sheriff's deputy who was videotaped shooting an unarmed man in Chino two years ago has filed for bankruptcy. Ivory J. Webb Jr., who was acquitted in state court of criminal charges, filed for bankruptcy two months ago in Riverside, according to court records. (Wed, 13 Aug 2008 07:16:47 GMT)

Vallejo Police Say Bankruptcy Led To Officer Exodus
Vallejo's ongoing fiscal troubles are evolving into a public safety problem for its 117,000 citizens as the departure of many officers since the city filed for bankruptcy in May could possibly be contributing to a rise in crime, according to those still with the police department. (Wed, 13 Aug 2008 07:31:36 GMT)

Urban Files for Bankruptcy With $2.35 Billion in Debt (Update1)
Aug. 13 (Bloomberg) -- Urban Corp., the worst performing developer on the Japanese stock market this year, filed for bankruptcy protection with debt of 255.8 billion yen ($2.35 billion). (Wed, 13 Aug 2008 08:49:41 GMT)

Urban Files for Bankruptcy With $2.35 Billion in Debt (Update2)
Aug. 13 (Bloomberg) -- Urban Corp. , Japan's worst-performing real-estate stock in 2008, filed for protection from creditors with debt of 255.8 billion yen ($2.35 billion), making it the largest bankruptcy among listed companies in the nation this year. (Wed, 13 Aug 2008 11:49:31 GMT)

Japan Stocks Fall a 3rd Day on Urban Bankruptcy, Credit Concern
Aug. 14 (Bloomberg) -- Japanese stocks slumped for a third day after Urban Corp. became the largest Japanese company to file for bankruptcy this year and Merrill Lynch & Co. said the global credit crisis is far from over. (Thu, 14 Aug 2008 01:04:31 GMT)

Most Japan Stocks Fall on Urban Bankruptcy; Shipping Lines Gain
Aug. 14 (Bloomberg) -- Most Japanese stocks slumped after Urban Corp. became the largest Japanese company to file for bankruptcy this year and Merrill Lynch & Co. said the global credit crisis is far from over. (Thu, 14 Aug 2008 02:19:31 GMT)

Japan's Stocks Decline on Urban Bankruptcy; Shipping Lines Gain
Aug. 14 (Bloomberg) -- Japan stocks slumped after Urban Corp. filed the nation's biggest bankruptcy claim this year and Merrill Lynch & Co. said the global credit crisis is far from over. (Thu, 14 Aug 2008 03:34:39 GMT)

Most Japan Stocks Fall on Urban Bankruptcy; Shipping Lines Gain
Aug. 14 (Bloomberg) -- Most Japan stocks fell after Urban Corp. filed the nation's biggest bankruptcy claim this year and Merrill Lynch & Co. said the global credit crisis isn't over. (Thu, 14 Aug 2008 04:49:36 GMT)

Taro Properties Ariz. files for bankruptcy protection
A Scottsdale-based "land bank" has filed for bankruptcy protection in the midst of pending foreclosure action on hundreds of vacant lots it owns in Gilbert and Phoenix. (Thu, 14 Aug 2008 05:15:27 GMT)

Japan Stocks Fall a 3rd Day on Urban Bankruptcy, Credit Concern
Aug. 14 (Bloomberg) -- Japanese stocks fell for a third day after Urban Corp. filed the nation's biggest bankruptcy claim in six years and Merrill Lynch & Co. said the global credit crisis isn't over. (Thu, 14 Aug 2008 06:34:31 GMT)

Japan Realtor Shares Drop After Urban Bankruptcy (Update3)
Aug. 14 (Bloomberg) -- Joint Corp. and Pacific Holdings Co. led a slump in Japanese real estate shares after developer Urban Corp. filed for bankruptcy protection with $2.35 billion in debt, the biggest corporate failure in the country this year. (Thu, 14 Aug 2008 07:34:31 GMT)

In bankruptcy, settlement is objective
A bankruptcy filing by Jefferson County would halt millions of dollars in penalties, fees and interest from further accumulating, but it would not immediately solve the county's crisis over $3.2 billion in sewer debt it cannot repay. (Thu, 14 Aug 2008 08:22:29 GMT)

Japan Stocks Fall a 3rd Day on Urban Bankruptcy; Shippers Rise
Aug. 14 (Bloomberg) -- Japan stocks fell for a third day after Urban Corp. filed the nation's biggest bankruptcy claim in six years, prompting concern more companies will fail as the economy slows. (Thu, 14 Aug 2008 08:34:31 GMT)

Intermet Falls Back Into Bankruptcy
Intermet , which supplies auto parts to customers such as Chrysler , filed for Chapter 11 protection from creditors, its second bankruptcy filing in four years. (Thu, 14 Aug 2008 12:00:40 GMT)

Hearing next month in Vick bankruptcy case
A federal bankruptcy judge has scheduled a hearing for Sept. 5 to determine whether a trustee is needed to oversee Michael Vick's finances. (Thu, 14 Aug 2008 21:40:39 GMT)

SOS bankruptcy plan denied
In a decision that leaves Save Our Springs Alliance at least temporarily vulnerable to collection efforts by creditors, a federal bankruptcy judge has dismissed an effort by the Austin environmental group to gain bankruptcy protection. (Fri, 15 Aug 2008 02:41:33 GMT)

Urban Has Biggest Drop in 12 Years After Bankruptcy (Update1)
Aug. 15 (Bloomberg) -- Urban Corp. , the Japanese property developer that filed for bankruptcy protection this week, fell the most since the company sold shares on the Jasdaq twelve years ago, extending a 48 percent drop yesterday. (Fri, 15 Aug 2008 02:55:48 GMT)

Urban Has Biggest Drop in 12 Years After Bankruptcy (Update2)
Aug. 15 (Bloomberg) -- Urban Corp. , the Japanese property developer that filed for bankruptcy protection this week, fell the most since the company sold shares on the Jasdaq 12 years ago, extending a 48 percent drop yesterday. (Fri, 15 Aug 2008 07:25:43 GMT)

Q: Would bankruptcy protect me from a foreclosure?
A: Bankruptcy will suspend foreclosure proceedings and give you time to work out a plan through the courts. (Fri, 15 Aug 2008 08:48:36 GMT)

Hearing next month in Vick bankruptcy case
Associated Press - August 15, 2008 8:15 AM ET RICHMOND, Va. (AP) - A federal bankruptcy judge in Virginia has scheduled a September 5th hearing to determine whether a trustee is needed to... (Fri, 15 Aug 2008 12:17:15 GMT)

Hearing next month in Vick bankruptcy case
RICHMOND, Va. (AP) - A federal bankruptcy judge in Virginia has scheduled a September 5th hearing to determine whether a trustee is needed to oversee Michael Vick's finances. (Fri, 15 Aug 2008 12:18:57 GMT)

Campbell Co. foundry’s parent company files for bankruptcy
The company that owns and operates the Archer Creek Foundry in Campbell County has filed for Chapter 11 bankruptcy protection. (Fri, 15 Aug 2008 12:49:35 GMT)

Hearing Next Month In Vick Bankruptcy Case
A federal bankruptcy judge in Virginia has scheduled a Sept. 5 hearing to determine whether a trustee is needed to oversee Michael Vick's finances. (Fri, 15 Aug 2008 12:51:34 GMT)

Cookie chain Mrs. Fields to file for bankruptcy
Cookie retailer Mrs. Fields Famous Brands LLC said on Friday it plans to file for Chapter 11 bankruptcy protection to help restructure its business, according to a U.S. Securities and Exchange Commission filing. (Fri, 15 Aug 2008 21:00:32 GMT)

Cookie chain Mrs. Fields to file for Chap. 11 bankruptcy protection
Cookie retailer Mrs. Fields Famous Brands said Friday it plans to file for Chapter 11 bankruptcy protection, according to a Securities and Exchange Commission filing. (Fri, 15 Aug 2008 21:01:17 GMT)

A Bittersweet Bankruptcy Filing for Mrs. Fields
Mrs. Fields Famous Brands , the private-equity-backed cookie retailer, said on Friday it plans to file for Chapter 11 bankruptcy protection to help restructure its business, according to a Securities and Exchange Commission filing. (Fri, 15 Aug 2008 21:13:18 GMT)

Alabama county nearing biggest municipal bankruptcy
BIRMINGHAM, Ala. | Alabama’s largest county appears headed for the biggest municipal bankruptcy in U.S. history, a $3.2 billion mess created by the nation’s credit crunch and a colossal, corruption-riddled sewer project. (Sat, 16 Aug 2008 04:53:54 GMT)

Mrs. Fields Cookies To File For Bankruptcy
Mrs. Fields Cookies, which was founded in Palo Alto 31 years ago, announced Friday it will file for Chapter 11 bankruptcy protection. The company operates about 1,200 Mrs. Fields Cookies and TCBY frozen yogurt locations around the world. (Sat, 16 Aug 2008 05:48:14 GMT)

Ala. county faces biggest US municipal bankruptcy
BIRMINGHAM, Ala. -- Alabama's largest county appears headed for the biggest municipal bankruptcy in U.S. history, a $3.2 billion mess created by the nation's credit crunch and a colossal, corruption-riddled sewer project. (Sat, 16 Aug 2008 06:35:16 GMT)

Bronner: Bankruptcy will stop Wall Street money train
Bankruptcy is Jefferson County's best remedy to the sewer debt crisis and the best hope for sewer-rate relief, Alabama pension boss David Bronner told an audience of elected officials Friday. (Sat, 16 Aug 2008 08:32:48 GMT)

County facing $3.2 billion bankruptcy
BIRMINGHAM -- The state's largest county appears headed for the biggest municipal bankruptcy in U.S. history, a $3.2 billion mess created by the nation's credit crunch and a colossal, corruption-riddled sewer project. (Sat, 16 Aug 2008 09:05:49 GMT)

Ala. county faces biggest municipal bankruptcy
Birmingham, Ala. - Alabama's largest county appears headed for the biggest municipal bankruptcy in U.S. history, a $3.2 billion mess created by the nation's (Sat, 16 Aug 2008 11:25:33 GMT)

Bankruptcy dims Vista
A long and controversial fight to construct 77 single-family homes above the Santa Maria Speedway has led project developers to bankruptcy and potential bank foreclosure. (Sat, 16 Aug 2008 14:35:01 GMT)

Ala. county faces biggest US municipal bankruptcy
BIRMINGHAM, Ala. -- Alabama's largest county appears headed for the biggest municipal bankruptcy in U.S. history, a $3.2 billion mess created by the nation's credit crunch and a colossal, corruption-riddled sewer project. ... - By JAY REEVES The Associated Press (Sun, 17 Aug 2008 04:24:34 GMT)

Jeffco bankruptcy foes to launch blitz
Three Jefferson County commissioners and their advisers are launching a campaign against municipal bankruptcy to combat what they say is a groundswell of community support for a plan being pushed by Alabama pension chief David Bronner. (Sun, 17 Aug 2008 08:16:34 GMT)

Bankruptcy dims Vista
A long and controversial fight to construct 77 single-family homes above the Santa Maria Speedway has led project developers to bankruptcy and potential bank foreclosure. (Sun, 17 Aug 2008 14:35:01 GMT)

Japan's Stocks Rise as Bankruptcy Concern Eases; Komatsu Gains
Aug. 18 (Bloomberg) -- Japan's stocks rose, sending the Topix index to its sharpest gain in two weeks, as concerns eased that tighter lending standards will drive developers to bankruptcy, and after analysts recommended manufacturer shares that have become cheap. (Mon, 18 Aug 2008 03:40:37 GMT)

Japan's Stocks Rise as Bankruptcy Concern Eases; Komatsu Gains
Aug. 18 (Bloomberg) -- Japan's stocks opened the week higher, sending the Topix index to its sharpest advance in two weeks, as concerns eased that tighter lending standards will drive developers to bankruptcy, and after analysts recommended manufacturer shares that have become cheap. (Mon, 18 Aug 2008 04:55:52 GMT)

J-C Hauling back in bankruptcy court
J-C Hauling Co., a Metro East trucking company that transports building materials, has sunk into bankruptcy again two years after emerging from it. (Mon, 18 Aug 2008 05:44:07 GMT)

Japan's Stocks Rise as Bankruptcy Concern Eases; Komatsu Gains
Aug. 18 (Bloomberg) -- Japan's stocks opened the week higher as concerns eased that tighter lending standards will drive developers to bankruptcy, and after analysts recommended manufacturer shares that have become cheap. (Mon, 18 Aug 2008 08:25:39 GMT)

Isle bankruptcy filings soar 45 percent in July
Bankruptcy filings in July rose more than 45 percent from the same month a year earlier, reflecting continued weakness in Hawai'i's economy. (Mon, 18 Aug 2008 11:07:57 GMT)

Linens ‘n Things Aims to Exit Bankruptcy Next Year, Report Says
Linens ‘n Things , which filed for bankruptcy in May, is working on a plan to emerge from bankruptcy early next year, according to The New York Post. (Mon, 18 Aug 2008 11:28:48 GMT)

Mrs. Fields Cookie Goodness Filed for Bankruptcy Protection
Mrs. Fields and TCBY lovers will be sad to hear that they are filling for bankruptcy. (Mon, 18 Aug 2008 13:56:01 GMT)

Linens 'n Things plans bankruptcy exit: report
Bankrupt home furnishings retailer Linens 'n Things has devised a plan to emerge from bankruptcy early next year, the New York Post reported. (Mon, 18 Aug 2008 14:23:59 GMT)

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