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 Aug 2009

Previous 1 2

Reader's Digest set to file for bankruptcy protection
Ripplewood Holdings LLC, the holding company of Reader's Digest announced on August 17 that it will file for bankruptcy protection within the next 30 days to restructure its debt. According to the agreement between Ripplewood Holdings LLC and its business partners, there's no layoffs, no business closings and senior secured lenders will exchange a "substantial portion"of $1.6 billion in debt for ... (Wed, 19 Aug 2009 06:28:45 GMT)

Manager: Cygnus bankruptcy won't affect Dakotafest
MITCHELL, S.D. (AP) - The manager for this week's Dakotafest farm show near Mitchell, Todd Benz, says a bankruptcy filing by Cygnus Business Media won't have any effect on the show. (Wed, 19 Aug 2009 09:42:44 GMT)

Entrepreneur Chek Whyte readies bankruptcy filing
Property developer and construction entrepreneur Chek Whyte looks set to file for bankruptcy later this month. (Wed, 19 Aug 2009 10:43:57 GMT)

Paper Bankruptcy Judge to Lawyer: 'You've Made a Mess'
The judge hearing the bankruptcy case involving Philadelphia newspapers has slammed a lawyer for failing to investigate publisher Brian Tierney's complaint that a pivotal meeting was secretly taped. (Wed, 19 Aug 2009 11:07:41 GMT)

Bankruptcy shut strip club
The closing of the Seductions strip club in Brantford is connected to a bankruptcy involving six pieces of major real estate in southern Ontario. The club was sold on Aug.[...] (Wed, 19 Aug 2009 11:23:03 GMT)

Plano's Metromedia Steakhouses set to leave bankruptcy
Plano-based Metromedia Steakhouses Co., which operates the Ponderosa and Bonanza steakhouse chains, could emerge from bankruptcy as soon as next month, less than a year after it sought Chapter 11 protection, an attorney in the case said Wednesday. (Thu, 20 Aug 2009 03:16:26 GMT)

'Terminator Salvation' producers file for bankruptcy protection
Derek Anderson and Victor Kubicek seek Chapter 11, although the movie has sold $370 million worth of tickets around the world and has yet to be released on DVD. Three companies belonging to Derek Anderson and Victor Kubicek, owners of the "Terminator" franchise rights and producers of May's "Terminator Salvation," filed for Chapter 11 reorganization in U.S. Bankruptcy Court in Los Angeles ... (Thu, 20 Aug 2009 05:30:37 GMT)

Reno YMCA considers seeking bankruptcy
The recession has pinched the nonprofit YMCA of the Sierra to the point of possibly seeking bankruptcy protection or closing, officials said Wednesday. (Thu, 20 Aug 2009 08:40:30 GMT)

YMCA of the Sierra facing bankruptcy
The recession has pinched the nonprofit YMCA of the Sierra to the point of possibly seeking bankruptcy protection, officials said Wednesday. (Thu, 20 Aug 2009 08:45:10 GMT)

Court ruling delayed in Fontainebleau bankruptcy dispute
A federal judge overseeing a portion of Fontainebleau Las Vegas bankruptcy case will rule next week on a dispute with banks over a stalled multibillion- dollar Strip casino resort, allowing the parties more time to mediate. (Thu, 20 Aug 2009 09:52:03 GMT)

Saab Leaves Bankruptcy, but Who Will Finance Sale?
Saab has exited the Swedish equivalent of Chapter 11 bankruptcy, filing papers with a district court saying that it would not seek to extend its so-called reconstruction period. (Thu, 20 Aug 2009 11:37:18 GMT)

Energy firm fights bankruptcy
Elemental Energy LLC, the parent company of Sunetric, the state's largest locally owned solar energy systems company, has filed a response to a former worker and three vendors trying to put it into bankruptcy. (Thu, 20 Aug 2009 12:14:21 GMT)

Bally cleared to exit bankruptcy
A judge approved Bally Total Fitness Holding Corp.'s bankruptcy-restructuring plan, which calls for lenders to take control of the health-club operator. (Thu, 20 Aug 2009 13:38:04 GMT)

General Motors Unsecured Creditors' Committee Launches Bankruptcy Website
The Official Committee of Unsecured Creditors of General Motors Corp. announces the launch of its new bankruptcy information website: www.motorsliquidationcreditorscommittee.com (Thu, 20 Aug 2009 14:31:00 GMT)

‘Terminator’ Producers, Battling Hedge Fund, File Bankruptcy
Aug. 20 (Bloomberg) -- The producers of “ Terminator Salvation ” filed for bankruptcy protection amid a court battle with a hedge fund that provided some funding for the film. (Thu, 20 Aug 2009 15:58:58 GMT)

Reader’s Digest Secures Approval for Bankruptcy Plan
The Reader's Digest Association said Thursday that it has secured the approval of holders of nearly 80 percent of its senior secured debt for its proposed bankruptcy filing. (Thu, 20 Aug 2009 18:07:29 GMT)

Philly newspapers file debt-free bankruptcy plan
Two large Philadelphia daily newspapers hope to emerge from bankruptcy debt-free by paying creditors $37 million in cash plus real estate to settle nearly $400 million in debt. (Thu, 20 Aug 2009 23:14:05 GMT)

Tribune execs want to stay on after bankruptcy
Randy Michaels, chief operating officer, tells staff in e-mail that management team is 'committed' and liquidation talk is 'absurd' Regardless of whether Tribune Co. Chairman Sam Zell stays or goes, Chief Operating Officer Randy Michaels signaled Thursday that his team wants to continue to lead Tribune's operations when it emerges from bankruptcy court. (Fri, 21 Aug 2009 04:08:05 GMT)

Italian Bailout Bonanza Lets Maserati Designer Skirt Bankruptcy
Aug. 21 (Bloomberg) -- Italy, Europe’s most-indebted nation, is dodging the global corporate bankruptcy wave as lenders, financiers and the government band together to rescue a record number of troubled companies. (Fri, 21 Aug 2009 09:50:39 GMT)

Lehman International Had $48.8 Billion at Bankruptcy (Update2)
Aug. 17 (Bloomberg) -- Lehman Brothers International (Europe ) had assets valued at $48.8 billion on the morning of its bankruptcy that may ultimately be available to preferential creditors, PricewaterhouseCoopers said. (Fri, 21 Aug 2009 11:26:09 GMT)

Caraustar Industries exits bankruptcy
Caraustar Industries Inc., which makes paperboard, said Friday it eliminated about $135 million in debt and has emerged from Chapter 11 bankruptcy court protection as a private entity. (Fri, 21 Aug 2009 11:46:06 GMT)

Caraustar Industries exits bankruptcy
ATLANTA (AP) — Caraustar Industries Inc ., which makes paperboard, said Friday it eliminated about $135 million in debt and has emerged from Chapter 11 bankruptcy court protection as a private entity. Shares of stock in Caraustar, which continued to operate during its 82 days in bankruptcy, will be retired and previous shareholders will receive a pro rata share of $2.9 million. The company's 7 ... (Fri, 21 Aug 2009 11:59:48 GMT)

Caraustar Industries exits bankruptcy
Caraustar Industries Inc., which makes paperboard, said Friday it eliminated about $135 million in debt and has emerged from Chapter 11 bankruptcy court protection as a private entity. Shares of stock in Caraustar, which continued to operate during its 82... Sponsored Topics: Chapter 11 Title 11 United States Code - Law - Caraustar Industries - Services - Lawyers and Law Firms (Fri, 21 Aug 2009 12:24:42 GMT)

Picking Through Post-Bankruptcy Stocks
Don't let a past bankruptcy blind you to the possibility of future gains. Try these nine stocks. (Fri, 21 Aug 2009 14:02:29 GMT)

Lehman Pays Bankruptcy Advisers $308 Million in Fees (Update1)
Aug. 21 (Bloomberg) -- Lehman Brothers Holdings Inc. , the investment bank liquidating in bankruptcy, paid its advisers $308 million for 10 months of work, according to a filing with the U.S. Securities and Exchange Commission. (Fri, 21 Aug 2009 15:20:06 GMT)

Lehman Pays Bankruptcy Advisers $308 Million in Fees (Update3)
Aug. 21 (Bloomberg) -- Lehman Brothers Holdings Inc. , the investment bank liquidating in bankruptcy, paid its advisers $308 million for 10 months of work, according to a filing with the U.S. Securities and Exchange Commission. (Fri, 21 Aug 2009 18:39:01 GMT)

Developer Mastro agrees to Chapter 7 bankruptcy
Prominent Seattle developer Michael Mastro Sr. on Thursday agreed to be placed into Chapter 7 bankruptcy, according to a court filing in the U.S. Bankruptcy Court for the Western District of Washington. (Fri, 21 Aug 2009 19:40:45 GMT)

Murfreesboro homebuilder files for bankruptcy
Tennessee Homes LLC, a Murfreesboro-based general contractor that built new single-family homes in four Middle Tennessee counties, filed for Chapter 7 bankruptcy this week. (Fri, 21 Aug 2009 20:47:47 GMT)

Seattle developer Mastro forced into bankruptcy
Three banks have succeeded in forcing longtime Seattle developer Michael Mastro Sr. into bankruptcy. Columbia State Bank, First Sound Bank... (Sat, 22 Aug 2009 00:57:07 GMT)

Connolly may face contempt charges over bankruptcy, foreclosure proceedings
A municipal court judge is questioning why David Connolly neglected to inform him during prior appearances about pending foreclosure and bankruptcy proceedings against nine city apartment properties managed by Connolly Properties. (Sat, 22 Aug 2009 02:03:48 GMT)

Copia bankruptcy maybe almost over
Saturday update Could Copia’s bankruptcy case be finalized before the one-year anniversary of the center’s closure? It might be close. The downtown Napa center for food, wine and the arts closed abruptly in November. (Sat, 22 Aug 2009 07:21:23 GMT)

Old Time Pottery files for bankruptcy, won't close stores
Old Time Pottery Inc., a 23-year-old chain based in Murfreesboro, sought Chapter 11 bankruptcy protection Friday, saying SunTrust Banks would not renew its line of credit. (Sat, 22 Aug 2009 09:46:05 GMT)

Murfreesboro-based contractor in bankruptcy
Tennessee Homes LLC, a Murfreesboro-based general contractor that built new single-family homes in Williamson, Rutherford, Wilson and Davidson counties, filed for Chapter 7 bankruptcy this week. (Sat, 22 Aug 2009 09:46:25 GMT)

Old Time Pottery files for bankruptcy, won't close stores
Old Time Pottery Inc., a 23-year-old chain based in Murfreesboro, sought Chapter 11 bankruptcy protection Friday, saying SunTrust Banks would not renew its line of credit. (Sat, 22 Aug 2009 19:46:05 GMT)

Murfreesboro-based contractor in bankruptcy
Tennessee Homes LLC, a Murfreesboro-based general contractor that built new single-family homes in Williamson, Rutherford, Wilson and Davidson counties, filed for Chapter 7 bankruptcy this week. (Sat, 22 Aug 2009 19:46:25 GMT)

Virginia Hammerle: After the bankruptcy filing, what’s a creditor to do?
Bankruptcy is the scourge of creditors. And no wonder - it takes away or delays most creditors' rights.    (Sun, 23 Aug 2009 02:24:13 GMT)

Bankruptcy for former Drumore secretary convicted of stealing $300K
A former secretary sentenced last year for stealing more than $300,000 from Drumore Township has declared bankruptcy.Anna B. Morris, of the 1100 block of Pilgrim's Pathway, Peach Bottom, filed the Chapter 13 petition July 31, according to documents in the U.S. Bankruptcy Court, Eastern District of P... (Sun, 23 Aug 2009 04:36:40 GMT)

Markus Klinko and Indrani File for Bankruptcy
Beset by unpaid debts, New York-based celebrity photographers Markus Klinko and Indrani have filed for Chapter 11 bankruptcy protection. (Sun, 23 Aug 2009 05:24:27 GMT)

How to fix your broken credit: 7 steps to rebuild your score after bankruptcy
After a bankruptcy, time and an excellent payment history are the best ways to improve your credit score. (Sun, 23 Aug 2009 07:16:15 GMT)

Copia bankruptcy maybe almost over
Saturday update Could Copia’s bankruptcy case be finalized before the one-year anniversary of the center’s closure? It might be close. The downtown Napa center for food, wine and the arts closed abruptly in November. (Sun, 23 Aug 2009 07:20:44 GMT)

In the Money: Know the facts before filing for bankruptcy
The sluggish economy has contributed to a dramatic jump in the number of bankruptcy filings. According to some estimates, 1.5 million individuals or businesses could file for bankruptcy by year's end. In addition to mortgage and credit card debt, the... (Sun, 23 Aug 2009 10:05:56 GMT)

Money Management: Is bankruptcy the right choice?
During the current economic recession, many have lost their jobs, seen their credit lines cut, or experienced other serious financial misfortunes. When the bills pile up and times become desperate, many people begin to question whether declaring bankruptcy is a viable option for them. (Sun, 23 Aug 2009 10:49:19 GMT)

Reader's Digest files Chapter 11 bankruptcy
Reader's Digest Association Inc., publisher of the iconic general interest magazine that began gracing American homes in 1922, on Monday filed for Chapter 11 bankruptcy protection as it faces falling print circulation in the Internet age and looming debt... Sponsored Topics: United States - Readers Digest - Chapter 11 Title 11 United States Code - Law - Pleasantville (Mon, 24 Aug 2009 10:54:52 GMT)

Reader’s Digest Files for Bankruptcy Protection
Reader’s Digest Association said Monday that it has filed for prearranged Chapter 11 bankruptcy protection as part of its restructuring plan, The Associated Press wrote. (Mon, 24 Aug 2009 11:52:18 GMT)

Reader's Digest files bankruptcy papers
Reader's Digest filed for Chapter 11 bankruptcy protection as it faces falling print circulation in the Internet age and looming debt payments. (Mon, 24 Aug 2009 12:18:11 GMT)

Reader's Digest U.S. units file for bankruptcy
The U.S. units of media company Reader's Digest Association Inc filed for bankruptcy on Monday, marking a new chapter for the 87-year-old magazine as it carries out a plan to cut its debt and transfer ownership to a group of lenders. (Mon, 24 Aug 2009 15:24:17 GMT)

Reader’s Digest Files for Bankruptcy Protection (Update2)
Aug. 24 (Bloomberg) -- Reader’s Digest Association Inc. , publisher of the magazine that claims the largest paid circulation in the U.S., filed for bankruptcy protection with a plan to reduce $2.2 billion in debt by 75 percent. (Mon, 24 Aug 2009 15:24:25 GMT)

Reader's Digest files Chapter 11 bankruptcy
Reader's Digest Association Inc., publisher of the iconic general interest magazine that began gracing American homes in 1922, on Monday filed for Chapter 11 bankruptcy protection as it faces falling print circulation in the Internet age and looming debt payments. (Mon, 24 Aug 2009 15:29:35 GMT)

Milacron businesses emerge from bankruptcy
Plastics processing company Milacron LLC said Monday its businesses have emerged from bankruptcy following their sale to investors. (Mon, 24 Aug 2009 15:33:20 GMT)

Reader's Digest files Ch. 11 bankruptcy protection
Reader's Digest Association Inc., publisher of the iconic general interest magazine that began gracing American homes in 1922, filed for Chapter 11 bankruptcy protection Monday as it faces falling print circulation in the Internet age and looming debt payments. (Mon, 24 Aug 2009 15:46:42 GMT)

Sinclair lender pact staves off bankruptcy
The stock of Sinclair Broadcast Group Inc., which owns two Milwaukee television stations, soared Friday and continued climbing early Monday after the company announced an agreement with some of its lenders that has delayed, for now, concerns about a possible bankruptcy filing. (SBGI) (Mon, 24 Aug 2009 15:51:20 GMT)

Reader's Digest files Ch. 11 bankruptcy protection
Reader's Digest Association Inc., publisher of the iconic general interest magazine that began gracing American homes in 1922 and now reaches a worldwide audience of 130 million, filed for Chapter 11 bankruptcy protection Monday as it faces falling print circulation in the Internet age and looming debt payments. (Mon, 24 Aug 2009 16:44:08 GMT)

Reader's Digest files prearranged bankruptcy
The publisher of Reader's Digest on Monday filed for Chapter 11 bankruptcy protection, carrying out its plan to cut debt and transfer ownership of the 87-year-old U.S. magazine and other businesses to a group of lenders. (Mon, 24 Aug 2009 17:23:34 GMT)

U.S. home lender Taylor Bean files for bankruptcy
Taylor, Bean & Whitaker Mortgage Corp filed for Chapter 11 bankruptcy protection and said it may liquidate, three weeks after it closed its mortgage lending business and was suspended by a federal agency. (Mon, 24 Aug 2009 19:23:54 GMT)

Florida Mortgage Company Files for Bankruptcy
The Taylor, Bean & Whitaker Mortgage Corporation filed for Chapter 11 bankruptcy protection on Monday and said it might liquidate, three weeks after it closed its mortgage lending business and was suspended by a federal agency. (Mon, 24 Aug 2009 19:52:19 GMT)

Reader's Digest files for bankruptcy protection
Reader's Digest, publisher of the monthly magazine which claims the largest circulation in the world, filed for bankruptcy protection on Monday in an agreement with its major lenders. (Mon, 24 Aug 2009 20:08:37 GMT)

Bankruptcy judge to consider Cubs sale next Monday
A judge presiding over Tribune Co.'s bankruptcy case has agreed to expedited procedures regarding the company's sale of the Chicago Cubs baseball team. (Tue, 25 Aug 2009 01:20:09 GMT)

Tribune Seeks Approval of Cubs Sale From Bankruptcy Judge
Aug. 25 (Bloomberg) -- Tribune Co. asked the judge overseeing its bankruptcy case to approve the sale of the Chicago Cubs baseball team, saying it will bring $740 million in cash to the company’s creditors. (Tue, 25 Aug 2009 04:39:50 GMT)

Bankruptcy Judge to Expedite Review of Cubs Sale
A judge presiding over Tribune Co. ’s bankruptcy case has agreed to expedited procedures regarding the company’s sale of the Chicago Cubs baseball team, The Associated Press reported. (Tue, 25 Aug 2009 09:52:43 GMT)

Govt changing bankruptcy laws
The government says an increase in creditors using bankruptcy to collect debts has prompted law changes. (Tue, 25 Aug 2009 13:50:18 GMT)

Bankruptcy judge OKs Dayton Superior statement
Dayton Superior Corp., which makes products used in concrete construction, said a federal bankruptcy judge in Delaware has approved the company's disclosure statement. (Tue, 25 Aug 2009 18:23:21 GMT)

Daimler Says 'Nein' to Susman Godfrey in Chrysler Bankruptcy
Chrysler's creditors committee has petitioned a federal bankruptcy court to hire Susman Godfrey and Dallas bankruptcy boutique Stutzman, Bromberg, Esserman & Plifka as special counsel for its lawsuit alleging that Daimler siphoned billions out of Chrysler through "fraudulent conveyances" before selling off its majority stake in the automaker. But in a court filing on Monday, Daimler's lawyers ... (Wed, 26 Aug 2009 03:32:53 GMT)

Colonial BancGroup Seeks Bankruptcy Amid U.S. Criminal Probe
Aug. 26 (Bloomberg) -- Colonial BancGroup Inc. , the Montgomery, Alabama-based bank holding company under a criminal probe, filed for bankruptcy 11 days after being taken over by North Carolina lender BB&T Corp. (Wed, 26 Aug 2009 04:44:34 GMT)

Tamaron files for bankruptcy protection
BLADE STAFF An auction of the Tamaron Country Club golf and banquet facility scheduled for Tuesday was canceled after owners filed for protection from creditors in U.S. Bankruptcy Court in Toledo, the court-appointed receiver said. Receiver Ralph DeNune instructed Wilson Auction and Realty Co. to postpone the sale set for noon. He acted after Tamaron Properties LLC, owner of the 115-acre ... (Wed, 26 Aug 2009 09:35:36 GMT)

Everglades on the Bay developer files for bankruptcy
The maker of Everglades on the Bay -- a condo project whose darkened windows have become emblematic of the uninhabited, ghost structures of the building boom gone bust -- has become the first of the downtown Miami condo developers to file for Chapter 11 bankruptcy protection. (Wed, 26 Aug 2009 10:48:19 GMT)

Colonial BancGroup, whose banking unit was shut down earlier this month, files for bankruptcy
MONTGOMERY, Ala. - Colonial BancGroup Inc., the Montgomery-based real estate lender whose banking unit was shut down by the government and sold to BB&T Corp. earlier this month, has filed for Chapter 11 bankruptcy protection. (Wed, 26 Aug 2009 11:24:36 GMT)

Hawaiian Telcom expects profit shortly after leaving bankruptcy
Hawaiian Telcom Inc. expects to make a profit in 2011 in its first full year out of bankruptcy protection. (Wed, 26 Aug 2009 12:07:19 GMT)

Colonial BancGroup files for bankruptcy
The Colonial BancGroup Inc. is seeking bankruptcy protection, after its banking unit was shut down by regulators and sold to BB&T Corp. (BBT) (Wed, 26 Aug 2009 13:10:43 GMT)

Magna bankruptcy judge approves motions regarding property sales
WILMINGTON, Del. - Horse-track owner Magna Entertainment Corp. is moving ahead with the property sales process as part of its bankruptcy reorganization. (Wed, 26 Aug 2009 15:24:50 GMT)

Cuts loom for Nortel pensioners as telecom giant racks up bankruptcy costs
Recently laid-off workers from Nortel Networks Corp., as well as pensioners, will not know until at least 2010 just how much money they will get on the dollar in the pension plans they contributed to, said a bankruptcy firm representing former employees of the telecom company. (Wed, 26 Aug 2009 15:46:26 GMT)

Creditors back Michael Vick's bankruptcy plan
Creditors who are owed a total of more than $20 million have endorsed Michael Vick's plan to pay them back and emerge from bankruptcy, according to a court filing. In balloting, secured and unsecured creditors overwhelmingly approved a reorganization plan by... Sponsored Topics: Bankruptcy - Michael Vick - Unsecured debt - United States - Law (Thu, 27 Aug 2009 08:54:42 GMT)

Creditors back Michael Vick's $20M bankruptcy plan
Michael Vick has arrived at a Virginia court so a judge can consider his bankruptcy plan to pay back more than $20 million he owes to creditors. The plan was overwhelmingly approved in a ballot by the creditors and Judge Frank Santoro was set to consider the... Sponsored Topics: Bankruptcy - Michael Vick - Unsecured debt - United States - Law (Thu, 27 Aug 2009 09:24:42 GMT)

Creditors Back Michael Vick's $20M Bankruptcy Plan
Michael Vick heads back to bankruptcy court with creditors' support of $20M repayment plan (Thu, 27 Aug 2009 09:39:18 GMT)

Creditors back Vick bankruptcy plan
Creditors who are owed a total of more than $20 million have endorsed Michael Vick's plan to pay them back and emerge from bankruptcy, according to a court filing. In balloting, secured and unsecured creditors overwhelmingly approved a reorganization plan by Vick, who is due in Newport News on Thursday to seek a judge's approval of the plan before returning to Philadelphia to make his debut with ... (Thu, 27 Aug 2009 10:38:46 GMT)

Vick’s day: from bankruptcy court to football field
Michael Vick’s day is scheduled to begin in a Newport News courtroom and end on a football field in Philadelphia. The disgraced former Virginia Tech star quarterback is due in Newport News federal court for a hearing on his bankruptcy case at 9:30 a.m. After that, Vick is to fly to Philadelphia and play for the Eagles in an exhibition tonight against the Jacksonville Jaguars. (Thu, 27 Aug 2009 10:55:14 GMT)

WCI to emerge from bankruptcy
A Delaware Bankruptcy Court has approved WCI Communities’ reorganization plan. (Thu, 27 Aug 2009 13:19:24 GMT)

Creditors back Vick bankruptcy plan
Creditors who are owed a total of more than $20 million have endorsed Michael Vick's plan to pay them back and emerge from bankruptcy, according to a court filing. (Thu, 27 Aug 2009 14:01:52 GMT)

Fees sought in club's bankruptcy top $10 million
Attorneys and others involved in bankruptcy proceedings for Montana's ultra-exclusive Yellowstone Club have requested more than $10 million in fees and expenses — including some charges billed at more than $900 an hour. (Thu, 27 Aug 2009 15:32:25 GMT)

Creditors back Michael Vick's $20M bankruptcy plan
Associated Press - August 27, 2009 11:25 AM ET RICHMOND, Va. (AP) - Michael Vick has arrived at a Virginia court so a judge can consider his bankruptcy plan to pay back more than $20 million he... (Thu, 27 Aug 2009 15:38:40 GMT)

Creditors vote OK on Vick's bankruptcy plan
RICHMOND, Va. (AP) -- Michael Vick has arrived at a Virginia court so a judge can consider his bankruptcy plan to pay back more than $20 million he owes to creditors. (Thu, 27 Aug 2009 15:40:13 GMT)

Vick's bankruptcy plan approved ahead of return
Michael Vick was relieved to have a 20 million-dollar bankruptcy reorganization plan approved by a federal judge on Thursday, hours before his return to the National Football League. (Thu, 27 Aug 2009 18:39:41 GMT)

Fees sought in club's bankruptcy top $10 million
Attorneys and others involved in bankruptcy proceedings for Montana's ultra-exclusive Yellowstone Club have requested more than $10 million in fees and expenses — including some charges billed at more than $900 an hour. (Thu, 27 Aug 2009 19:02:15 GMT)

Judge approves Michael Vick's $20M bankruptcy plan
A judge on Thursday approved Michael Vick's plan to repay creditors $20 million and emerge from bankruptcy, and the quarterback hustled out of court to prepare for his return to an NFL field later in the night with the Philadelphia Eagles. (Thu, 27 Aug 2009 20:11:05 GMT)

Michael Vick 'happy' after judge approves $20M bankruptcy plan
A judge in Virginia on Thursday approved Michael Vick's plan to repay creditors who are owed $20 million and emerge from bankruptcy on the same day he was scheduled to return to the playing field with the Philadelphia Eagles. (Thu, 27 Aug 2009 23:09:27 GMT)

Tribune Co. bankruptcy case: Division in the ranks of creditors
Noteholders file motion in bankruptcy case in attempt to get bigger share of claims Creditors in Tribune Co.'s bankruptcy case showed the first public signs of splintering this week, complicating its efforts to emerge from Chapter 11 by year-end. (Fri, 28 Aug 2009 03:58:09 GMT)

Guaranty Financial Group Seeks Bankruptcy Protection (Update2)
Aug. 28 (Bloomberg) -- Guaranty Financial Group Inc. sought bankruptcy protection from creditors less than a week after collapsing in the 11th-biggest bank failure in U.S. history. (Fri, 28 Aug 2009 14:59:54 GMT)

Lawyers and Firms Stake Claims in Masry & Vititoe Bankruptcy
At least four lawyers and law firms are among the top creditors of Masry & Vititoe , the personal injury law firm of " Erin Brockovich " fame that filed for Chapter 11 bankruptcy protection on Aug. 14. (Fri, 28 Aug 2009 15:01:49 GMT)

Nortel Faces $3 Billion Tax Claim From IRS in Bankruptcy Case
Aug. 28 (Bloomberg) -- Nortel Networks Corp. , once the largest maker of communications equipment in North America, owes the U.S. Internal Revenue Service $3 billion, according to a claim filed in the company’s bankruptcy case. (Fri, 28 Aug 2009 15:05:39 GMT)

Chrysler Accepts Reponsibility For Pre-Bankruptcy Vehicles
Generally speaking, bankruptcy has been a good thing for Chrysler. It's allowed the company to unload massive debt and streamline operations. But for others -- especially the owners of 31 million Chrysler vehicles manufactured before June 10, 2009 (the end of Chrysler's bankruptcy proceedings) -- the reorganization has proven significantly .. (Fri, 28 Aug 2009 15:55:39 GMT)

Nortel Faces $3 Billion Tax Claim From IRS in Bankruptcy Case
Aug. 28 (Bloomberg) -- Nortel Networks Corp. , once the largest maker of communications equipment in North America, owes the U.S. Internal Revenue Service $3 billion, according to a claim filed in the company’s bankruptcy case. (Fri, 28 Aug 2009 16:54:22 GMT)

Lift in bankruptcy threshold 'unfair'
A debt collection agency says proposed laws to raise the bankruptcy threshold fivefold to 10-thousand dollars will harm small business. (Fri, 28 Aug 2009 20:31:40 GMT)

Toyota's Decision To Close California Plant Traces to GM Bankruptcy
The NUMMI joint venture between Toyota and GM, once full of promise, is now slated to close in 2010, a victim of the recession as well as GM's bankruptcy. (Fri, 28 Aug 2009 22:06:51 GMT)

Auction slated for Philly newspapers amid bankruptcy fight between company, creditors
PHILADELPHIA - Creditors seeking to take control of Philadelphia Newspapers in a hard-fought Chapter 11 bankruptcy case have attracted a longtime publisher of the two dailies to their side. (Fri, 28 Aug 2009 22:34:33 GMT)

Judge OKs Michael Vick's $20M Bankruptcy Plan
A judge on Thursday approved Michael Vick's plan to repay creditors $20 million and emerge from bankruptcy, and the quarterback hustled out of court to prepare for his return to an NFL field later in the night with the Philadelphia Eagles. (Sat, 29 Aug 2009 01:02:34 GMT)

Bankruptcy threshold rise 'will harm'
A debt collection agency says proposed laws to raise the bankruptcy threshold will harm small business. (Sat, 29 Aug 2009 02:27:15 GMT)

Baker Botts Hits $100 Million Mark in Asarco Bankruptcy
As Arizona-based mining company Asarco nears the end of its four-year bankruptcy odyssey, lead debtors counsel Baker Botts submitted its 12th application for fees on Friday. The filing put the firm past the $100 million mark in billable hours since Asarco filed for bankruptcy in 2005 after getting hit with a series of asbestos and environmental pollution suits. And Baker Botts may have more work ... (Sat, 29 Aug 2009 02:38:47 GMT)

Bankruptcy: Four tales from the trenches
One of the scariest aspects of bankruptcy is the fear of the unknown. These real-life stories can help you know what to expect -- before, during and after. (Sat, 29 Aug 2009 04:15:34 GMT)

OR car dealer declares bankruptcy; ex-sheriff Hutchison listed as co-debtor
A longtime Oak Ridge car dealership that once had ties to former Knox County Sheriff Tim Hutchison has filed for bankruptcy protection and has closed. (Sat, 29 Aug 2009 05:01:51 GMT)

Copper Beech Inn stays open despite filing for bankruptcy
Ivoryton - The operating company of the famed Copper Beech Inn has filed for bankruptcy, but the restaurant and rooms remain open for business. The Beech Tree Corp. of Old Saybrook filed for Chapter 11 reorganization in U.S. Bankruptcy Court in New Haven Aug. 19. The bankruptcy was filed by attorney James G. Verrillo of the Bridgeport law firm Zeisler & Zeisler PC on behalf of the inn's owner ... (Sat, 29 Aug 2009 18:41:11 GMT)

New bankruptcy threshold unfair
Proposed laws to raise the bankruptcy threshold to $10,000 will harm small business and is bad policy. (Sun, 30 Aug 2009 01:25:33 GMT)

New bankruptcy threshold unfair
Proposed laws to raise the bankruptcy threshold fivefold to $10,000 will harm small business and is bad policy, a debt collection agency says. (Sun, 30 Aug 2009 01:31:40 GMT)

THP seeks extension from court for bankruptcy reorganization
T.H. Properties filed a motion in bankruptcy court Aug. 21 seeking to extend by 90 days its exclusive periods both for filing and soliciting acceptance of a reorganization plan. (Sun, 30 Aug 2009 05:18:37 GMT)

Lawyer indicates TBW may not restructure out of bankruptcy
By Fred Hiers Staff writer Defunct Taylor, Bean & Whitaker Mortgage Corp. is for the first time publicly wavering on whether it can survive Chapter 11 bankruptcy and somehow restructure to continue business. (Sun, 30 Aug 2009 10:39:38 GMT)

Freedom Communications to File for Bankruptcy This Week
Freedom Communications is expected to file for bankruptcy this week under a plan that will hand the owner of the Orange County Register and 30 other newspapers around the country to its lenders, people briefed on the matter told DealBook. (Sun, 30 Aug 2009 23:39:47 GMT)

Tribune may exit bankruptcy this fall: report
Bankrupt U.S. media group Tribune Co could emerge from bankruptcy in the autumn without a major overhaul of its present top management, the New York Times said, citing people briefed on the restructuring plans. (Mon, 31 Aug 2009 04:25:28 GMT)

Report: OC Register owner to file for bankruptcy
Freedom Communications Inc., the owner of the Orange County Register, is expected to file for Chapter 11 bankruptcy protection this week, according to a published report. (Mon, 31 Aug 2009 07:54:23 GMT)

Zell's Role 'unclear' After Bankruptcy - NYT
Zell's Role 'unclear' After Bankruptcy - NYT (Mon, 31 Aug 2009 12:46:35 GMT)

Tribune bankruptcy judge considers Cubs sale
The judge presiding over Tribune Co.'s Chapter 11 bankruptcy case is set to hear from attorneys regarding the company's sale of the Chicago Cubs baseball team. (Mon, 31 Aug 2009 12:54:51 GMT)

Tribune bankruptcy judge considers Cubs sale
The judge presiding over Tribune Co.'s Chapter 11 bankruptcy case is set to hear from attorneys regarding the company's sale of the Chicago Cubs baseball team. Judge Kevin Carey scheduled a hearing Monday on a motion by Tribune attorneys outlining a two-step... Sponsored Topics: Chicago Cubs - Tribune Company - Baseball - Chapter 11 Title 11 United States Code - Wrigley Field (Mon, 31 Aug 2009 13:18:25 GMT)

Report: Tribune May Exit Bankruptcy This Fall
Report: Tribune May Exit Bankruptcy This Fall (Mon, 31 Aug 2009 13:30:55 GMT)

Tribune bankruptcy judge to consider Cubs sale
The judge presiding over Tribune Co.'s Chapter 11 bankruptcy case is set to hear from attorneys regarding the company's sale of the Chicago Cubs. (Mon, 31 Aug 2009 14:26:12 GMT)

Guaranty parent files bankruptcy
As expected, the holding company for Guaranty Bank has filed for Chapter 11 bankruptcy protection following its collapse. (Mon, 31 Aug 2009 15:09:03 GMT)

Nortel seeks bankruptcy extension until 2010
Nortel Networks has filed a court request in Delaware asking that the company’s deadline for filing a bankruptcy reorganization plan be extended from Sept. 11 to Feb. 1, 2010. (Mon, 31 Aug 2009 15:12:47 GMT)

Newspaper publisher Freedom to file for bankruptcy
Freedom Communications, owner of the Orange County Register and 30 other US newspapers, is expected to file for bankruptcy protection this week, according to published reports. (Mon, 31 Aug 2009 17:03:35 GMT)

Tribune bankruptcy judge considers Cubs sale
The judge presiding over Tribune Co.'s Chapter 11 bankruptcy case has approved an expedited process for court action surrounding the company's sale of the Chicago Cubs baseball team. (Mon, 31 Aug 2009 19:26:32 GMT)

Baseline Oil & Gas files for bankruptcy protection
Energy producer Baseline Oil & Gas Corp., citing turmoil in the economy and global credit markets, said Monday it has filed for Chapter 11 bankruptcy protection after securing agreements with some creditors. (Mon, 31 Aug 2009 21:10:23 GMT)

Miner Asarco awaits key bankruptcy recommendation
A court will soon decide if Asarco LLC, the nation's third-largest copper producer, will leave bankruptcy protection and return to Grupo Mexico's control or be sold to India's Sterlite Industries. (Mon, 31 Aug 2009 23:40:50 GMT)

Previous 1 2


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