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 Oct 2008

Previous 1 2

Shipper Industrial Carriers Files for Bankruptcy (Update2)
Oct. 17 (Bloomberg) -- Industrial Carriers Inc., a shipper of coal, ore and grains, filed for bankruptcy protection after worldwide freight rates suffered the biggest decline on record. (Fri, 17 Oct 2008 10:46:14 GMT)

Nursing Home Chain Files For Bankruptcy
A company with four Connecticut nursing homes has filed for bankruptcy. The state did not pay almost $5 million in reimbursements, company officials said. (Fri, 17 Oct 2008 13:35:14 GMT)

Jones: Bankruptcy a sign of the economy
By TESA [email protected] VERNON — The down swing in the economy hit independent trucking companies including Illinois Senator John O. Jones, who filed for Chapter 13 bankruptcy in June. (Fri, 17 Oct 2008 14:04:06 GMT)

Ohio ethanol plant operator files for bankruptcy
The operator of an ethanol plant in northwest Ohio is filing for bankruptcy protection. The president of Greater Ohio Ethanol blames the current credit crunch and a flaw in the design of the plant near Lima. (Fri, 17 Oct 2008 16:24:45 GMT)

Pilgrim's Pride Drops on Speculation It May File for Bankruptcy
Oct. 17 (Bloomberg) -- Pilgrim's Pride Corp. , the largest U.S. chicken producer, plunged 19 percent in New York trading on speculation the company may file for bankruptcy if it fails to refinance its debt. (Fri, 17 Oct 2008 20:11:04 GMT)

Mervyns expected to announce liquidation of all stores following Chapter 11 bankruptcy
NEW YORK (AP) _ Ailing department store chain Mervyns LLC, which filed for Chapter 11 bankruptcy protection in July, is expected to announce as early as Friday that it plans to liquidate all of its stores, according to one source close to the situation. (Fri, 17 Oct 2008 21:46:01 GMT)

Finances force animal clinic to file for bankruptcy
A non-profit organization that vowed to open five spay-neuter clinics and end animal euthanasia in Houston by 2013 filed for bankruptcy this week. (Sat, 18 Oct 2008 05:51:06 GMT)

Bankruptcy speculation hurting Pilgrim's Pride
Pilgrim's Pride Corp., the largest U.S. chicken producer, plunged 24 percent in New York trading amid speculation the company may file for bankruptcy if it fails to refinance its debt. (Sat, 18 Oct 2008 06:33:22 GMT)

Corporacion Durango Files for Bankruptcy
The company also filed a Chapter 15 petition before U.S. bankruptcy court for the Southern District of New York to help shield it from U.S. creditors while it reorganizes. (Sat, 18 Oct 2008 06:41:47 GMT)

Paul Gascoigne faces bankruptcy over massive tax debts
Fallen soccer star Paul Gascoigne is facing the threat of bankruptcy over massive debts to the taxman. (Sat, 18 Oct 2008 06:55:02 GMT)

Ethanol plant operator files for bankruptcy
LIMA, Ohio -- The operator of an ethanol plant that was awarded government financial incentives and a city property-tax exemption has filed for bankruptcy protection after less than four months of production. (Sat, 18 Oct 2008 09:13:56 GMT)

Gazza facing bankruptcy
London, Oct.18 : Fallen England soccer idol Paul Gascoigne is facing bankruptcy. According to The Sun, Gazza's finances will be probed at a London court hearing on November 6. (Sat, 18 Oct 2008 13:24:36 GMT)

Infinity at Central City real estate project now under court protection from bankruptcy
The worldwide credit freeze-up has hit home with a big impact in Surrey. 'The Infinity at Central City', the largest residential complex in the history of Surrey, is now under court protection from bankruptcy ... (Sat, 18 Oct 2008 17:12:24 GMT)

WorldSpace files for bankruptcy in US
Chennai, Oct. 18 Digital satellite radio broadcasting company, WorldSpace Inc, has filed for bankruptcy protection in a US court after failing to obtain new financing. (Sat, 18 Oct 2008 19:14:53 GMT)

Infinity condo developer files for bankruptcy protection
Wall Street woes have sent shockwaves through Surrey's Main Street. The developer of the five-tower Infinity project in North Surrey has filed for bankruptcy protection as a result of the collapse of one of its chief financiers, Lehman Brothers. (Sun, 19 Oct 2008 06:04:42 GMT)

Petters Group Worldwide sued; PCI files for bankruptcy
On the heels of two separate lawsuits asking for damages in excess of $20 million, Petters Company Inc., the centerpiece of the fraud changes filed against Wayzata resident Tom Petters, 51, and his associates, has filed for bankruptcy. (Sun, 19 Oct 2008 06:34:19 GMT)

Don't boost your credit limit amid bankruptcy
Q I have been in bankruptcy for a year and a half. I have a MasterCard with a credit limit of $375. I am trying to rebuild my credit but would like to get a credit card that has a higher credit limit (approximately $750-plus). Is there a card that will offer me a higher credit limit with my bankruptcy or should I wait? I do not know what my credit score is exactly. (Sun, 19 Oct 2008 07:30:23 GMT)

Bankruptcy a bit risky in foreclosures
Can filing for bankruptcy help homeowners facing foreclosure? For most people, trying to negotiate changes in their loan with help from a housing counselor or lawyer is a far better option. While bankruptcy judges can reduce or eliminate certain kinds of debt, they aren't allowed to alter the total amount owed or interest rate of primary mortgages. (Sun, 19 Oct 2008 08:02:39 GMT)

Hawaii Medical Center seeks to exit bankruptcy by June
Dr. Collin R. Dang, the new chief executive officer of Hawaii Medical Center, is hoping to cure the hospital's operator's money-losing operations earlier than thought and for the company to exit bankruptcy by June 2009. (Sun, 19 Oct 2008 11:19:49 GMT)

Housing slump, job losses lead to bankruptcy filings
It's difficult enough for people to budget in good times.So in these extraordinary financial times - some say we're in the worst crisis since the Great Depression - it's no surprise that business is brisk for north state bankruptcy attorneys, as well as credit counseling and debt consolidation firms. (Sun, 19 Oct 2008 13:03:03 GMT)

Buzz: Bankruptcy won't stop Anderson eatery, developer says
Financial difficulties aren't quashing Bill Johnson's plans for a restaurant in Anderson.Johnson's firm, River Run Cove Land Development Co., filed for Chapter 11 bankruptcy protection in July. Typically, a Chapter 11 allows a company to reorganize to stay in business. (Sun, 19 Oct 2008 13:29:12 GMT)

Linens Canada files for bankruptcy protection
The Canadian subsidiary of Linens 'n Things has filed for bankruptcy protection in Canada, the retailer said in a statement on Sunday. (Sun, 19 Oct 2008 19:14:19 GMT)

Linens 'N Things Canadian Operation Files for Bankruptcy
Oct. 19 (Bloomberg) -- The Canadian operating unit of Linens 'n Things Inc. , the bankrupt housewares retailer, filed for protection under Canada's bankruptcy law. (Sun, 19 Oct 2008 22:03:38 GMT)

Petters Group Worldwide sued; PCI files for bankruptcy
On the heels of two separate lawsuits asking for damages in excess of $20 million, Petters Company Inc., the centerpiece of the fraud changes filed against Wayzata resident Tom Petters, 51, and his associates, has filed for bankruptcy. (Mon, 20 Oct 2008 06:25:37 GMT)

Pilgrim’s Pride Declines Amid Bankruptcy Fears
Shares of Pilgrim’s Pride , the large chicken producer, plunged 23.5 percent amid speculation that the company might file for bankruptcy if it failed to refinance its debt. (Mon, 20 Oct 2008 11:22:25 GMT)

Circuit City Seeks Alternative to Bankruptcy, Report Says
Seeking to avoid a bankruptcy filing, Circuit City is considering closing at least 150 stores and cutting jobs, after advisers have been unable to scare up financing for the U.S. electronics retail chain, The Wall Street Journal reported. (Mon, 20 Oct 2008 11:52:35 GMT)

Cadwalader Partners Pen Authoritative Treatise on New Bankruptcy Law in China
NEW YORK----Two partners of Cadwalader, Wickersham & Taft LLP, one of the world’s leading law firms, have written the first English-language treatises to be published on China’s new bankruptcy law, which went into effect on June 1, 2007. (Mon, 20 Oct 2008 13:00:00 GMT)

Circuit City may shut stores to avoid bankruptcy: report
Struggling electronics retailer Circuit City Stores Inc. is mulling a plan to shut at least 150 stores and cut thousands of jobs to lower costs to avoid filing for bankruptcy protection, The Wall Street Journal reported Monday. (Mon, 20 Oct 2008 13:12:19 GMT)

Circuit City weighs bankruptcy, store closings: WSJ
Circuit City Stores weighs bankruptcy reorganization or store closings and inventory liquidation to weather weak sales and tight credit markets, says a Wall Street Journal story, citing unnamed sources. (Mon, 20 Oct 2008 13:36:32 GMT)

Bankruptcy filings
These bankruptcy filings from U.S. Bankruptcy Court, District of Minnesota were filed in July. Chapter 7 filings are a form of bankruptcy that involves total liquidation of assets. Chapter 13 filings are a form of bankruptcy in which debtors are able to r (Mon, 20 Oct 2008 14:12:21 GMT)

Circuit City Faces Bankruptcy or Closing Up To 150 Stores
Electronics retailing giant Circuit City is facing a classic Hobson's choice: file for bankruptcy protection or close as many as 150 stores. If the nation's second-largest seller of consumer electronics chooses Door #2, it could generate an estimated $350 million in inventory liquidation, job cuts, and infrastructure reductions. (Mon, 20 Oct 2008 21:23:06 GMT)

Greatwide Logistics, Transportation Company, Seeks Bankruptcy
Oct. 20 (Bloomberg) -- Greatwide Logistics Services, a Texas-based transportation, warehousing and truck-loading service company filed for bankruptcy protection with more than 40 affiliates. (Mon, 20 Oct 2008 23:00:43 GMT)

FDIC enters into Washington Mutual bankruptcy fray
The Federal Deposit Insurance Corporation has challenged Washington Mutual Inc.'s request for bankruptcy court approval of a $4.4 billion cash transfer from JPMorgan Chase Co. (Tue, 21 Oct 2008 00:56:33 GMT)

U.S. FDIC enters into Washington Mutual bankruptcy fray
WILMINGTON, Del. - The U.S. Federal Deposit Insurance Corp. has challenged Washington Mutual Inc.'s request for bankruptcy court approval of a US$4.4-billion cash transfer from JPMorgan Chase Co. (Tue, 21 Oct 2008 01:37:57 GMT)

Investors like Circuit City's plan to avert bankruptcy
Shares of beleaguered electronics retailer Circuit City Stores rose Monday after a report said the chain may close at least 20 percent of its stores to shore up its finances and avoid filing for bankruptcy protection. (Tue, 21 Oct 2008 06:53:32 GMT)

Hospital closing, files for bankruptcy
BIRMINGHAM --Physicians Medical Center Carraway filed for federal bankruptcy protection for the second time in two years Monday and planned to shut down by the end of October. (Tue, 21 Oct 2008 09:07:08 GMT)

Bankruptcy assets and liabilities
Your home gets listed as an asset even if you owe more than it is worth, says the Bankruptcy Adviser. (Tue, 21 Oct 2008 10:00:00 GMT)

St. Luke’s, Sanderson fight continues with bankruptcy filing
An eye surgeon who specializes in plastic surgery is seeking bankruptcy court protection after being embroiled in a legal dispute with his former employer, St. Luke’s Cataract and Laser Institute PA, for more than two years. (Tue, 21 Oct 2008 19:06:42 GMT)

Goody's emerges from bankruptcy protection
Apparel retailer Goody's Family Clothing Inc., which filed for bankruptcy protection in June, said Tuesday it emerged from Chapter 11 bankruptcy after a reorganization that involved closing stores and cutting costs. (Tue, 21 Oct 2008 19:11:28 GMT)

Mixed martial arts' Elite XC to file bankruptcy
The organization, whose last show featured a 14-second fight, calls it quits after losing $55 million. The fighting futures of Kimbo Slice and Gina Carano are in limbo now as word emerged today that mixed-martial-arts organization Elite XC will file bankruptcy and cease future operations, according to an executive consultant of its Los Angeles-based parent company, Pro Elite Inc. (Tue, 21 Oct 2008 20:55:22 GMT)

Power Company Sends Lightning Bolt Into Lehman Bankruptcy Case
In a juicy new development in the Lehman Brothers bankruptcy case, Evergreen Solar, a Massachusetts power company that loaned Lehman nearly 30 million shares in June, is accusing Lehman of selling 12.2 million of those shares to Barclays as part of a larger $1.75 billion transaction. The problem, according to Evergreen's legal team at Goodwin Procter, is that Lehman was obligated to transfer ... (Wed, 22 Oct 2008 01:32:13 GMT)

Gainey Corp. Files for Bankruptcy Protection
10/22/2008 Gainey Transportation, Grand Rapids, Mich., has filed for Chapter 11 bankruptcy protection in response to a lawsuit by Wachovia. Chapter 11 is designed to allow a business operate while developing a reorganization plan and keeping creditors at bay. (Wed, 22 Oct 2008 07:14:34 GMT)

Feds: FBI call preceded 2007 killings of potential witnesses in Illinois bankruptcy case
EAST ST. LOUIS, Ill. - A couple who helped a farmer hide a tractor from his creditors were found shot to death at their rural home just two days after they had agreed to talk to FBI agents investigating his bankruptcy, federal prosecutors say. (Wed, 22 Oct 2008 12:30:55 GMT)

King & Spalding Adds to Its Bankruptcy Practice in New York
King & Spalding, a leading international law firm, announced today that Arthur Steinberg, a high-profile financial restructuring lawyer with 29 years' experience, has joined the firm's New York office. Steinberg is the seventh bankruptcy lawyer the firm has hired in the past 16 months and continues the firm's expansion of its restructuring practice, including the addition of a bankruptcy ... (Wed, 22 Oct 2008 13:00:00 GMT)

Recently Launched Web Site Offers Encouragement to Victims of Economic Crisis Facing Bankruptcy, Foreclosure, Stock ...
ST. LOUIS, October 22 / Christian Newswire / -- A recently launched Web site, www.onemanonemessage.org , offers encouragement to sufferers of the global economic crisis facing potential bankruptcy, foreclosure, stock market or retirement account losses, unemployment, other economic challenges, and future political uncertainty. (Wed, 22 Oct 2008 13:49:59 GMT)

Springer files appeal to reinstate bankruptcy protection for Hilander Bowl
Hilander Bowl owner Jim Springer has gone back to federal bankruptcy court in another bid to ward off creditors and a landlord who wants to eject him from the building. (Wed, 22 Oct 2008 13:59:38 GMT)

Owner of Ponderosa, Bonanza Steakhouse brands files for Chapter 11 bankruptcy protection
NEW YORK - The owner of the Ponderosa and Bonanza Steakhouse brands said Wednesday it was filing for Chapter 11 bankruptcy protection. Metromedia Steakhouses Co. L.P., based in Plano, Texas, said it filed voluntarily under Chapter 11, which allows a company to restructure and stay in operation. (Wed, 22 Oct 2008 19:13:23 GMT)

Ponderosa Steakhouse owner files for Chap. 11 bankruptcy protection
The operator of the Ponderosa and Bonanza steakhouse chains filed for Chapter 11 bankruptcy protection Wednesday, in the latest example of how hard casual dining restaurants are being hit by the economic slowdown. (Wed, 22 Oct 2008 19:34:55 GMT)

WorldSpace bankruptcy plan gets court approval
Satellite radio broadcaster WorldSpace Inc. has won bankruptcy court approval for a plan that will let it continue paying employees and seek a buyer. (WRSP) (Wed, 22 Oct 2008 20:41:01 GMT)

Delahunt calls for changes in bankruptcy court
U.S. Rep. William Delahunt said Congress should give bankruptcy courts the authority to modify the terms of "predatory" loans as the nation grapples with an ongoing foreclosure crisis. (Wed, 22 Oct 2008 22:12:15 GMT)

Ponderosa restaurant company seeks bankruptcy protection :Owner plans to stay in operation, restructure
NEW YORK -- The owner of the Ponderosa and Bonanza Steakhouse brands said today it was filing for Chapter 11 bankruptcy protection. (Thu, 23 Oct 2008 02:32:54 GMT)

McAllister Ranch project slated for liquidation bankruptcy
McAllister Ranch could become part of a liquidation bankruptcy case Thursday, court papers filed late Wednesday afternoon indicate. Lawyers for SunCal Cos., the Irvine-based developer behind the troubled project, will ask a federal bankruptcy judge to convert an existing involuntary bankruptcy proceeding to a Chapter 7 case at a previously scheduled hearing Thursday afternoon in Santa Ana, the ... (Thu, 23 Oct 2008 03:44:31 GMT)

Springer files appeal to reinstate bankruptcy protection for Hilander Bowl
Hilander Bowl owner Jim Springer has gone back to federal bankruptcy court in another bid to ward off creditors and a landlord who wants to eject him from the building. (Thu, 23 Oct 2008 06:29:36 GMT)

Cefalo's Wine Cellar files for bankruptcy
Cefalo's Wine Cellar in the Grove, the wine shop owned by former Miami Dolphins wide receiver Jimmy Cefalo, has filed for bankruptcy liquidation. (Thu, 23 Oct 2008 07:09:28 GMT)

Bankruptcy eats at Bonanza and Ponderosa steakhouses
Another iconic American restaurant chain has gone bankrupt. The owner of the Ponderosa and Bonanza steakhouse brands said Wednesday it was filing for Chapter 11 bankruptcy protection. (Thu, 23 Oct 2008 08:17:56 GMT)

Ponderosa's owner files for bankruptcy :Restaurant company plans to stay in operation, restructure.
NEW YORK -- The owner of the Ponderosa and Bonanza Steakhouse brands said Wednesday it was filing for Chapter 11 bankruptcy protection. (Thu, 23 Oct 2008 11:08:23 GMT)

Freddie Mac asks for probe in Lehman bankruptcy
Freddie Mac, the mortgage lender that was seized by federal regulators, has asked a bankruptcy judge to investigate the whereabouts of $1.2 billion that Lehman Brothers borrowed. (Thu, 23 Oct 2008 18:58:25 GMT)

Some Bankruptcy Basics
Faced with ballooning debt, more American families are filing for bankruptcy. Here's what you need to know. (Thu, 23 Oct 2008 21:12:15 GMT)

Bankruptcy court OKs sale of Old Town, Maine, mill
A federal bankruptcy judge on Thursday approved the sale of the idle Old Town pulp and paper mill to a New York investment group for nearly $19 million. (Thu, 23 Oct 2008 21:22:50 GMT)

Peninsula cities take big hit from Lehman Brothers bankruptcy
Stung by the $150 million hit their investment pool took from the Lehman Brothers bankruptcy, officials from East Palo Alto and other Peninsula cities are facing the prospect of having to make some cuts, freeze positions or dip into reserves. (Fri, 24 Oct 2008 06:29:33 GMT)

OCEANSIDE: Company working on high school declares bankruptcy
OCEANSIDE ---- The company building the classrooms for Vista Unified School District's new high school campus in eastern Oceanside declared bankruptcy this week. (Fri, 24 Oct 2008 07:29:44 GMT)

Bankruptcy court OKs sale of Old Town, Maine, mill
PORTLAND (AP) - A federal bankruptcy judge has approved the sale of the idle Old Town pulp and paper mill to a New York investment group for nearly $19 million. (Fri, 24 Oct 2008 09:00:17 GMT)

Trucks keep rolling, but bankruptcy judge withholds Harvey Gainey's paycheck
Harvey Gainey GRAND RAPIDS -- The besieged founder of trucking giant Gainey Corp. won't get paid while his company works to emerge from bankruptcy. But Harvey Gainey said Thursday he's OK with that, and puts blame for the company's financial... (Fri, 24 Oct 2008 09:38:38 GMT)

Company accused of defrauding local soldiers files bankruptcy
A company accused of defrauding Fort Campbell soldiers has filed bankruptcy. (Fri, 24 Oct 2008 10:06:45 GMT)

Nantucket senior facility files for bankruptcy
NANTUCKET - The Sherburne Commons senior living community filed for Chapter 11 bankruptcy as it can no longer pay its bills or operate its assisted living program and dementia unit. (Fri, 24 Oct 2008 12:27:15 GMT)

Fishing licences are property for bankruptcy purposes: high court
OTTAWA - The Supreme Court of Canada says commercial fishing licences are property and can be sold to settle a bankruptcy. (Fri, 24 Oct 2008 14:53:12 GMT)

Country singer Lorrie Morgan files for bankruptcy
Country singer Lorrie Morgan has filed for bankruptcy for primarily business related debts. Morgan filed for Chapter 7 bankruptcy in federal court in Nashville, Tennessee, on Wednesday, listing her estimated liabilities ranging between $1 million to $10 million. (Fri, 24 Oct 2008 18:03:01 GMT)

Country singer Lorrie Morgan files for bankruptcy
The country singer filed for Chapter 7 bankruptcy in federal court listing her estimated liabilities ranging between $1 million to $10 million. (Fri, 24 Oct 2008 18:50:27 GMT)

Business debts push singer into bankruptcy
NASHVILLE, Tennessee (AP) -- Country singer Lorrie Morgan has filed for bankruptcy for primarily business related debts, according to a court filing. (Fri, 24 Oct 2008 19:09:47 GMT)

Mrs. Fields emerges from bankruptcy protection
Mrs. Fields Original Cookies Inc. said Friday it has emerged from bankruptcy protection under new ownership and with an improved balance sheet. (Fri, 24 Oct 2008 20:55:53 GMT)

Country Singer Lorrie Morgan Files for Bankruptcy
Country singer Lorrie Morgan has filed for bankruptcy for primarily business related debts. (Fri, 24 Oct 2008 22:03:11 GMT)

North Georgia business bankruptcy filings surge
The popped housing bubble and crushed credit market have pushed record numbers of North Georgia businesses into bankruptcy court this year. (Sat, 25 Oct 2008 00:52:25 GMT)

Country Singer Lorrie Morgan Files for Bankruptcy Protection
Oct. 25 (Bloomberg) -- Country singer Lorrie Morgan , whose hits include ``Dear Me,'' filed for bankruptcy court protection for the second time since 1992. (Sat, 25 Oct 2008 05:00:36 GMT)

Mervyns fighting to keep bankruptcy control
Mervyns, which said last week that it will liquidate all its stores, plans to fight efforts by its creditors to take control in the bankruptcy process. A committee representing the Hayward retailer's creditors filed a motion this week to convert the company's... (Sat, 25 Oct 2008 07:45:57 GMT)

Country singer Lorrie Morgan files for bankruptcy
NASHVILLE, Tenn. (AP) -- Country singer Lorrie Morgan has filed for bankruptcy for primarily business related debts, according to a court filing.Morgan filed fo ... (Sat, 25 Oct 2008 12:46:05 GMT)

AUT parent company files for bankruptcy protection
The parent company of Brenham’s Advanced Urethane Technologies (AUT) filed for Chapter 11 bankruptcy protection earlier this month. A Chapter 11 filing enables a debtor company to reorganize itself according to a plan that must be approved in court. (Sat, 25 Oct 2008 14:48:19 GMT)

Country Singer Morgan Files Bankruptcy
NASHVILLE, Tenn. - Country singer Lorrie Morgan has filed for bankruptcy for primarily business related debts, according to a court filing. Morgan filed for Chapter 7 bankruptcy in federal court, listing her estimated liabilities between $1 million to $10 million. (Sat, 25 Oct 2008 20:38:10 GMT)

Supreme Court rules that fishing licences are property in bankruptcy cases
The Supreme Court of Canada has ruled that fishermen who declare bankruptcy can lose their fishing licences if banks and financial institutions choose to sell the licences to cover a person's debts... (Sun, 26 Oct 2008 02:39:19 GMT)

Bankruptcy not the best choice for borrowers
Can filing for bankruptcy help homeowners facing foreclosure? For most people, trying to negotiate changes in their loan with help from a housing counselor or lawyer is a far better option. While bankruptcy judges can reduce or eliminate certain kinds of debt, they aren't allowed to alter the total amount owed or interest rate of primary mortgages. Here are some questions and answers related ... (Sun, 26 Oct 2008 04:21:04 GMT)

MW Johnson in Lakeville converts bankruptcy status
MW Johnson, a construction company with many years of experience working in the Lakeville area, will soon be no more. A motion filed in court Wednesday, Oct. 22, changed the company's bankruptcy filing from a Chapter 11 to a Chapter 7. The original Chapter 11 filing was made in June. (Sun, 26 Oct 2008 06:34:23 GMT)

Ohio ethanol plant operator files for bankruptcy
The operator of an ethanol plant that was awarded government financial incentives and a city property-tax exemption has filed for bankruptcy protection after less than four months of production. (Sun, 26 Oct 2008 09:55:01 GMT)

Treasurer hopeful confronts past bankruptcy
In November 2002, in the wake of a son's serious illness and the problems she says it triggered, Lily A. May filed for bankruptcy. A single mother with three children at home, May grossed about $34,200 a year as a court clerk, according to U.S. Bankruptcy Court records. Under a Chapter 7 personal bankruptcy, she got to cancel about $18,000 in debt but surrendered her six-year-old Toyota, for ... (Sun, 26 Oct 2008 10:56:23 GMT)

Polly Toynbee: Don't expect to find a banker down at bankruptcy court
As recession bites hard, a more despondent, down-at heel group of people than the debtors at the bankruptcy courts in the Strand would be hard to find. Waiting for their papers were mothers with fractious children, weary old men, an Italian singer, a lorry driver, a decorator, a former City trader, and scores more, all with their stories to tell. Then astonishingly there was Micky waving ... (Sun, 26 Oct 2008 15:52:38 GMT)

Saxonville developer drawn into bankruptcy case
The developer for a proposed one-of-a-kind, 170-acre housing subdivision is being dragged into bankruptcy court by one of its creditors. (Sun, 26 Oct 2008 21:00:27 GMT)

Integrity Bank liquidating in bankruptcy court
Integrity Bank’s holding company, Integrity Bancshares Inc. , on Oct. 10 filed for Chapter 7 liquidation in U.S. Bankruptcy Court in Atlanta. (Mon, 27 Oct 2008 04:04:36 GMT)

Tenant group files for bankruptcy over loan default
For the second time since April, a D.C.-based bank has declared low-income borrowers in default on loans made to help the borrowers purchase their apartment building under D.C.’s Tenant Opportunity to Purchase Act. And, for the second time since August, the borrowers have filed for bankruptcy in a desperate attempt to save their building. (Mon, 27 Oct 2008 04:22:21 GMT)

Putnam County legislative candidate owes taxes, once filed for bankruptcy
MAHOPAC - Gary Kiernan, running as a Democrat for the Putnam County Legislature in Mahopac's District 8, has unpaid taxes still outstanding and a personal bankruptcy filing in his past. (Mon, 27 Oct 2008 06:33:22 GMT)

MW Johnson in Lakeville converts bankruptcy status
MW Johnson, a construction company with many years of experience working in the Lakeville area, will soon be no more. A motion filed in court Wednesday, Oct. 22, changed the company's bankruptcy filing from a Chapter 11 to a Chapter 7. The original Chapter 11 filing was made in June. (Mon, 27 Oct 2008 06:35:01 GMT)

Going broke: High food costs, job losses propel Utah bankruptcy filings
A growing number of Utahns are going broke as higher food and fuel prices, job losses and burdensome debt payments make it harder to make ends meet. The number of Utahns who filed for bankruptcy during the first nine months of 2008 increased 42 percent over the same period last (Mon, 27 Oct 2008 13:04:38 GMT)

Wall Street Sees Hope in Bankruptcy Business
With many of Wall Street’s biggest profit centers shut down because of the credit crisis, making a buck has become a lot harder. The markets for initial public offerings and mergers are sickly, and the securitization market is in a coma. (Mon, 27 Oct 2008 14:36:58 GMT)

As credit crunch continues, personal bankruptcy filings rise
In 2005, Congress passed a bill aimed at reducing the number of personal bankruptcy filings. But that was before a housing meltdown, a credit crunch and a global economic downturn. (Mon, 27 Oct 2008 14:51:00 GMT)

Top Milbank Bankruptcy Partner Leaves for Paul Hastings
A top bankruptcy partner at Milbank, Tweed, Hadley & McCloy is leaving that firm to join Paul, Hastings, Janofsky & Walker. Luc A. Despins, well-known in the profession for his representation of the creditors' committee in the Enron bankruptcy, is the latest marquee name to be poached as firms rush to ramp up restructuring practices in response to the worsening economy. (Tue, 28 Oct 2008 01:17:33 GMT)

Value City files for bankruptcy, fate of local stores up in the air
Columbus, Ohio-based Value City Department Stores filed for Chapter 11 bankruptcy Sunday in the Southern District of New York, but has not determined when it will close stores, according to spokeswoman Kristin Mack. (Tue, 28 Oct 2008 08:18:12 GMT)

Mrs Fields emerges from bankruptcy
Mrs Fields Original Cookies has announced that it has emerged from Chapter 11 bankruptcy with an improved balance sheet, a good working capital position, and new ownership. (Tue, 28 Oct 2008 10:52:41 GMT)

Value City files for bankruptcy
COLUMBUS (AP) - Discount retailer Value City Department Stores and its subsidiaries have filed for bankruptcy protection and announced plans to close its remaining stores. (Tue, 28 Oct 2008 12:04:42 GMT)

Bankruptcy hits home in region
Companies that own three apartment buildings in Westwood and one in River Vale, all headed by developer James J. Bovino, have filed for bankruptcy reorganization, claiming debts of up to $40 million. (Tue, 28 Oct 2008 12:17:59 GMT)

Value City Files for Bankruptcy, Plans to Close Stores
Discount retailer Value City Department Stores and its subsidiaries have filed for bankruptcy protection and plan to close their stores. (Tue, 28 Oct 2008 12:21:04 GMT)

Value City Declares Bankruptcy
The Value City Department Store group is the latest area business to announce a bankruptcy filing. The chain will close its remaining stores, including sites in Parma, Elyria Canton, Akron, and Alliance. (Tue, 28 Oct 2008 13:20:55 GMT)

SouthEast Waffles CEO heads to bankruptcy court
James L. Shaub, II will go to U.S. Bankruptcy Court for the Middle District of Tennessee this morning where a judge will determine if he can keep his job as head of SouthEast Waffles, a 113-restaurant Waffle House franchise based in Nashville. (Tue, 28 Oct 2008 14:09:29 GMT)

Lutz: Bankruptcy never comes up at GM
DETROIT - General Motors Corp. Vice Chairman Bob Lutz reiterated Monday that bankruptcy would not solve GM's problems. "Bankruptcy for GM certainly is not an... (Tue, 28 Oct 2008 14:23:22 GMT)

Value City's bankruptcy
Value City's bankruptcy What about Value City Furniture stores? (Tue, 28 Oct 2008 14:33:37 GMT)

Ex-NBAer Caffey's bankruptcy case dismissed;
A judge has dismissed former NBA player Jason Caffey's bankruptcy case, clearing the way for several women to sue him for thousands of dollars in child support. (Tue, 28 Oct 2008 22:54:56 GMT)

Sterling Airways to file for bankruptcy
Icelandic-owned budget carrier Sterling Airways A/S said it will file for bankruptcy Wednesday because of the financial meltdown. The airline, which is based in Denmark, said it was unable to raise financial support for a restructuring program due to the... (Wed, 29 Oct 2008 05:15:56 GMT)

Denmark's Sterling to file for bankruptcy
Danish-based low-cost carrier Sterling Airways is to file for bankruptcy after its cash-strapped Icelandic investors were unable keep the company airborne. (Wed, 29 Oct 2008 09:20:09 GMT)

Sterling Airways to File for Bankruptcy
Icelandic-owned budget carrier Sterling Airways said it will file for bankruptcy Wednesday because of the financial meltdown. (Wed, 29 Oct 2008 10:51:55 GMT)

Sterling Airways to file for bankruptcy
Sterling Airways A/S, the Icelandic-owned budget carrier, said it will file for bankruptcy Wednesday because of the financial meltdown, and that it will not be able to refund passengers who bought tickets on line. (Wed, 29 Oct 2008 11:23:08 GMT)

Denmark's Sterling Airways Files For Bankruptcy
Denmark's Sterling Airways Files For Bankruptcy (Wed, 29 Oct 2008 11:56:18 GMT)

Sterling Airlines to File for Bankruptcy Protection Today
Oct. 29 (Bloomberg) -- Sterling Airlines A/S will file for bankruptcy today after its Icelandic owner ran out of capital to support the business and after the company was unable to enter a deal to divest itself. (Wed, 29 Oct 2008 12:11:29 GMT)

Iceland's Sterling Airways to file for bankruptcy
Sterling Airways A/S, the Icelandic-owned budget carrier, said it will file for bankruptcy Wednesday because of the nation's financial meltdown, and that it will not be able to refund passengers who bought tickets on line. (Wed, 29 Oct 2008 12:21:03 GMT)

Value City Department Stores file bankruptcy
(WHAS11)—Kentuckiana’s Value City Department Stores have filed for bankruptcy and could be closing. The Ohio-based company blames declining sales, tight credit and a bad economy. (Wed, 29 Oct 2008 12:52:20 GMT)

Sterling Airlines files for bankruptcy
Sterling Airlines, the Danish low cost carrier, said on Wednesday it was filing for bankruptcy stranding thousands of passengers around Europe. (Wed, 29 Oct 2008 14:27:56 GMT)

VeraSun falls on report bankruptcy filing imminent
Shares of VeraSun Energy Corp. fell Wednesday after a report surfaced saying the ethanol producer is looking into Chapter 11 bankruptcy protection. (Thu, 30 Oct 2008 00:18:41 GMT)

Riederer appointed trustee in Brooke's bankruptcy filing
A bankruptcy judge agreed Wednesday to the appointment of Albert Riederer as trustee in the Chapter 11 filings of Brooke Corp. and Brooke Capital Corp., the troubled insurance franchisers. (Thu, 30 Oct 2008 04:11:20 GMT)

Local Broyhill stores close as owner files for bankruptcy
By BOB COX Broyhill Furniture Industries says it expects to honor furniture-purchase contracts for customers of four Metroplex-area dealer-owned retail stores that have shut down. The four Broyhill Home Collections stores owned by Charles Prenzi Jr. of Plano, including ones in Arlington and North Richland Hills, were closed last week. Prenzi Inc. filed for Chapter 7 bankruptcy Wednesday in ... (Thu, 30 Oct 2008 05:16:36 GMT)

Bankruptcy rumors sink VeraSun stock
Shares of VeraSun Energy Corp. dropped below $1 a share Wednesday on a published report that the Sioux Falls-based ethanol producer is on the verge of filing for Chapter 11 bankruptcy protection. (Thu, 30 Oct 2008 07:10:39 GMT)

Unions to appeal bankruptcy filing
Vallejo employee unions said Tuesday they plan to appeal the city's bankruptcy filing after receiving a green light from a federal appeals panel.The appeal request was made not only on behalf of Vallejo's employees, but also for city employees nationally, said union spokesman Police Det. (Thu, 30 Oct 2008 08:17:12 GMT)

DTCC Successfully Closes Out Lehman Brothers Bankruptcy
DTCC Successfully Closes Out Lehman Brothers Bankruptcy (Thu, 30 Oct 2008 13:41:20 GMT)

Brooke files bankruptcy
Brooke Corp., which estimates its liabilities at more than $1 billion, filed for bankruptcy protection Tuesday. The company employs about 200 people in Phillipsburg. The bankrupty petition lists its home office as Overland Park; last month the company moved its executive team to Phillipsburg. (Thu, 30 Oct 2008 13:54:47 GMT)

Business Bankruptcy Poses Dangers To Consumers
The number of businesses filing for bankruptcy was on the rise even before Wall Street went into a tailspin. Dealing with one can leave you on the losing end. (Thu, 30 Oct 2008 14:32:44 GMT)

Filing for Bankruptcy May Stave Off Disaster
As a last resort, filing for bankruptcy may help you avoid financial disaster. (Thu, 30 Oct 2008 15:37:32 GMT)

Analysts say Pilgrim's Pride bankruptcy probable
Bankruptcy for the nation's largest chicken producer, Pilgrim's Pride Corp., is "highly probable," according to an independent research firm. (Thu, 30 Oct 2008 15:52:22 GMT)

Lehman Helped Finance Democratic Convention Before Bankruptcy
Oct. 30 (Bloomberg) -- Seven months before declaring bankruptcy, Lehman Brothers Holdings Inc. contributed $100,000 to help stage the Democratic National Convention in Denver, new Federal Election Commission filings show. (Thu, 30 Oct 2008 19:22:11 GMT)

Pilgrim’s Pride Plummets on Warning of Bankruptcy
Shares of Pilgrim’s Pride fell below $1 on Thursday, a day after a research report said there was a high probability that the chicken producer would file for bankruptcy protection before the end of the year. (Thu, 30 Oct 2008 19:51:55 GMT)

Alabama County On Brink Of Bankruptcy
Time is running out for elected officials in Jefferson County, Ala., to avoid bankruptcy. The county is home to Birmingham, the state's largest city, and if it declares bankruptcy, it would be the largest municipal filing in history. (Thu, 30 Oct 2008 20:42:55 GMT)

Pilgrim's Pride Falls After CreditSights Says Bankruptcy Likely
Oct. 30 (Bloomberg) -- Pilgrim's Pride Corp. plunged 21 percent, trading below $1, after research firm CreditSights Inc. said bankruptcy seems ``highly probable'' for the chicken producer, the largest in the U.S. (Thu, 30 Oct 2008 22:36:58 GMT)

Bankruptcy court for big-box construction company
March Associates, Inc., the Wayne-based construction manager for big box stores, shopping centers and office buildings throughout North Jersey, filed for bankruptcy reorganization today. (Fri, 31 Oct 2008 01:41:18 GMT)

Producers stake claim in SemGroup bankruptcy
Kansas oil and gas producers are asking a federal judge to recognize their secured status ahead of lenders in claims against SemGroup Energy Partners in a $9.5 billion bankruptcy. That's important so the state's producers can recoup a larger share of more than $100 million in estimated claims against the Tulsa-based company. SemGroup reported it has $7.7 billion in assets, according to a ... (Fri, 31 Oct 2008 06:18:54 GMT)

Bankruptcy judge sides with Washington Mutual on stock sale restrictions
A Delaware bankruptcy judge has agreed to restrictions on large-scale deals in Washington Mutual stock if the sales affect the company’s tax position. (Fri, 31 Oct 2008 07:55:59 GMT)

Brooke files bankruptcy
Brooke Corp. and Brooke Capital Corp., whose estimated liabilities exceed $1 billion, filed for bankruptcy protection Tuesday. Brooke Corp. employs about 200 people at its processing center in Phillipsburg. (Fri, 31 Oct 2008 10:09:47 GMT)

Report: VeraSun to File for Bankruptcy Protection
VeraSun Energy (VSE) is preparing to file for bankruptcy protection, The Wall Street Journal reported Friday afternoon, citing people familiar with the situation. (Fri, 31 Oct 2008 20:56:18 GMT)

Lucrative Bankruptcy-Trustee Group Switches From McElroy to McCarter
With boom times up ahead for bankruptcy lawyers, Charles Stanziale Jr. led a five-lawyer defection to McCarter & English last week. The move gives Stanziale a larger supporting cast than he had at 220-lawyer McElroy, Deutsch, Mulvaney & Carpenter. In return, 390-lawyer McCarter gets a practice group best known for its work as operating trustee and counsel to the Office of the U.S. Bankruptcy ... (Fri, 31 Oct 2008 23:52:15 GMT)

Previous 1 2


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