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Home > Bankruptcy News

Bankruptcy News Mar 2010

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Blockbuster warns it may file for bankruptcy
Blockbuster Inc., the money-losing video-rental chain with $855.9 million in debt, is in talks with Hollywood studios to reduce its DVD costs and said it may file for bankruptcy. (Wed, 17 Mar 2010 15:44:01 GMT)

Blockbuster likely to file bankruptcy
Blockbuster Inc. said in a regulatory filing Tuesday that it probably will file for bankruptcy if it is unable to address its debt load. In the filing, the video-rental company pointed to its operating loss for 2009, reported late last month. (Wed, 17 Mar 2010 15:45:36 GMT)

Blockbuster hints at possible bankruptcy
Video-rental chain Blockbuster Inc. says for the first time it may need to file for bankruptcy protection after years of struggling to lessen its debt load. (Wed, 17 Mar 2010 15:54:49 GMT)

Blockbuster shares tumble after bankruptcy warning
Shares of Blockbuster are sinking by more than 30 percent after the video rental chain warned that it may have to file for Chapter 11 bankruptcy protection. (Wed, 17 Mar 2010 15:55:48 GMT)

Blockbuster shares tumble after bankruptcy warning
Shares of Blockbuster Inc. sank 30 percent Wednesday after the video rental chain warned that it may have to file for Chapter 11 bankruptcy protection. (Wed, 17 Mar 2010 18:58:18 GMT)

Blockbuster shares plunge on bankruptcy warning
Blockbuster shares plunged nearly 30 percent on Wednesday after the heavily indebted movie rental chain said it may be forced to declare bankruptcy. (Wed, 17 Mar 2010 20:40:14 GMT)

Lehman’s Bankruptcy Bill Hits $678.5 Million
The bankruptcy tab just keeps growing for Lehman Brothers . The investment firm, which is in the process of liquidating, paid its bankruptcy advisers and lawyers a total of $678.5 million in the 17 months since it collapsed in September 2008, Bloomberg News reports , citing a regulatory filing by the firm. (Wed, 17 Mar 2010 23:56:07 GMT)

Lehman Allowed to Delay Bankruptcy Disclosure
A U.S. bankruptcy judge said on Wednesday that Lehman Brothers could delay until mid-April filing a detailed disclosure statement for its proposed plan to end its bankruptcy, Reuters reported. (Thu, 18 Mar 2010 06:41:17 GMT)

Owner of Neb ethanol plant emerges from bankruptcy
The owner of an Aurora ethanol plant has emerged from bankruptcy and now plans to complete a delayed expansion project at the eastern Nebraska site. (Thu, 18 Mar 2010 12:05:01 GMT)

Report: Blockbuster facing bankruptcy
Blockbuster is facing Chapter 11 bankruptcy if it can't restructure its debt, according to a report in the St. Petersburg Times. (Thu, 18 Mar 2010 13:26:26 GMT)

Blockbuster shares tumble after bankruptcy warning
New York » Shares of Blockbuster Inc. sank 30 percent Wednesday after the video rental chain warned that it may have to file for Chapter 11 bankruptcy protection. (Thu, 18 Mar 2010 13:35:32 GMT)

MONEY: Blockbuster struggling with debt, may file for bankruptcy
Blockbuster Inc. shares plunged further into penny-stock territory Wednesday after the struggling home-video-rental company, with stores in Eastern Iowa, said in a regulatory filing that it will likely file for bankruptcy if it’s unable to address its debt load. (Thu, 18 Mar 2010 13:40:03 GMT)

Blockbuster warns of bankruptcy
NEW YORK — Shares of Blockbuster Inc. sank 29 percent Wednesday after the video rental chain warned that it might have to file for Chapter 11 bankruptcy protection. (Thu, 18 Mar 2010 14:01:48 GMT)

Lehman, Metavante to Propose Settlement in Bankruptcy Court
March 18 (Bloomberg) -- Lehman Brothers Holdings Inc. and Metavante Corp., which have been disputing payments over a swap agreement, will propose a settlement to a bankruptcy judge next month, according to a court filing today. (Thu, 18 Mar 2010 14:32:25 GMT)

Creditors want Sex.com in bankruptcy, halt auction
Creditors of the owner of the Sex.com website have filed an involuntary bankruptcy petition against the company, stalling a lender foreclosure auction for the valuable website that was scheduled to begin on Thursday. (Thu, 18 Mar 2010 17:16:34 GMT)

Bankruptcy Lawyers Troubled by Recent High Court Ruling
Bankruptcy lawyers will need to remain cautious about what sort of advice they offer clients, following a ruling by the U.S. Supreme Court last week. The justices ruled the portion of the 2005 bankruptcy reform act that bars lawyers from advising clients to take on "any debt" is constitutional, though it may be less restrictive than first thought, only applying to advice involving improper ... (Fri, 19 Mar 2010 03:43:43 GMT)

Lehman Had $39 Billion in Encumbered Cash Before Bankruptcy
The day before Lehman Brothers Holdings Inc. filed for bankruptcy, almost all of its $41 billion cash pool was tied up at bank lenders including JPMorgan Chase & Co., Citigroup Inc. and Bank of America Corp., according to a court-appointed examiner’s report. (Fri, 19 Mar 2010 06:00:31 GMT)

Blockbuster shares dive amid likelihood of bankruptcy filing
Blockbuster Inc. shares plunged deeper into penny-stock territory Wednesday after the struggling home-video-rental company said in a regulatory filing that it will likely file for bankruptcy if it's unable to address its debt load. (Fri, 19 Mar 2010 07:07:44 GMT)

Developer of The Harbor in Rockwall files for bankruptcy
The developer and majority owner of The Harbor in Rockwall has filed for reorganization in federal bankruptcy court. (Fri, 19 Mar 2010 07:38:25 GMT)

Judge says Tamarack bankruptcy case moves forward
A federal judge has agreed to hold Tamarack Resort under bankruptcy protection, clearing the way for a trustee to begin liquidating the failed ski resort's assets to pay back creditors... (Fri, 19 Mar 2010 12:03:42 GMT)

Plant owner looks ahead after bankruptcy
The owner of an Aurora ethanol plant has emerged from bankruptcy and now plans to complete a delayed expansion project at the eastern Nebraska site. (Fri, 19 Mar 2010 13:06:55 GMT)

Home builder officially declares bankruptcy
Indianapolis home builder Hansen & Horn Group Inc. has officially declared bankruptcy after owners agreed to liquidate the company earlier this month. (Fri, 19 Mar 2010 14:27:03 GMT)

Lehman Had $39 Billion in Encumbered Cash Before Bankruptcy
March 19 (Bloomberg) -- The day before Lehman Brothers Holdings Inc. filed for bankruptcy, almost all of its $41 billion cash pool was tied up at bank lenders including JPMorgan Chase & Co. (Fri, 19 Mar 2010 15:40:31 GMT)

Denver Post Publisher Affiliated Media Emerges From Bankruptcy
March 19 (Bloomberg) -- Affiliated Media Inc., the holding company for Dean Singleton ’s MediaNews Group Inc., emerged from Chapter 11 bankruptcy today, two months after seeking court protection. (Fri, 19 Mar 2010 21:26:25 GMT)

Bankruptcy Isn't Best Option for Blockbuster: Poll
Bankruptcy isn't the best option for Blockbuster, according to TheStreet. (Sat, 20 Mar 2010 02:52:39 GMT)

ACORN on verge of bankruptcy: report
The U.S. liberal grass-roots group ACORN is on the brink of bankruptcy and its leaders will hold a teleconference this weekend to discuss the group's future, The New York Times reported on its website on Friday. (Sat, 20 Mar 2010 03:28:09 GMT)

Tello's files for bankruptcy, plans to shutter three stores
Fashion retailer Tello's filed for Chapter 11 bankruptcy protection yesterday and is seeking court approval... (Sat, 20 Mar 2010 04:19:37 GMT)

ACORN on brink of bankruptcy
The community organizing group ACORN, battered politically from the right and suffering from mismanagement along with a severe loss of government and membership funds, is on the verge of filing for bankruptcy, group leaders said Friday. (Sat, 20 Mar 2010 04:35:48 GMT)

Acorn on Brink of Bankruptcy, Officials Say
BALTIMORE -- The community organizing group Acorn, battered politically from the right and suffering from mismanagement along with a severe loss of government and other funds, is on the verge of filing for bankruptcy, officials of the group said Friday. (Sat, 20 Mar 2010 06:19:58 GMT)

Battered ACORN on verge of bankruptcy
The community organizing group ACORN, battered politically from the right and suffering from mismanagement along with a severe loss of government and membership funds, is on the verge of filing for bankruptcy, leaders of the group said Friday. (Sat, 20 Mar 2010 07:32:15 GMT)

Affiliated Media out of bankruptcy
Affiliated Media Inc., which owns the Sentinel & Enterprise in Fitchburg, The Lowell Sun and 17 other New England newspapers, emerged from Chapter 11 bankruptcy Friday, two months after seeking court protection. The reorganization reduces the debt of the publisher to about $165 million from about $930 million. (Sat, 20 Mar 2010 08:36:40 GMT)

Six Flags to emerge from bankruptcy
A group of bondholders led by the Stark Investments will take control of Six Flags. On Friday a proposal was announced that will take the Six Flags theme park company out of bankruptcy.The proposal came on the ninth day of a trial for the company seeking approval for its plan of reorganization in Wilmington, Delaware. Pending [...] (Sat, 20 Mar 2010 13:10:05 GMT)

ACORN reportedly on brink of bankruptcy
BALTIMORE - The community organizing group ACORN, battered politically from the right and suffering from mismanagement along with a severe loss of government and membership funds, is on the verge of filing for bankruptcy, leaders of the group said yesterday. (Sat, 20 Mar 2010 13:36:47 GMT)

ACORN sliding toward bankruptcy?
The indelible images of ACORN workers helping a faux pimp and prostitute set up a tax shelter for a brothel certainly played into the advocacy group’s slide toward bankruptcy, though its problems began long before last year’s scandal. (Sat, 20 Mar 2010 16:08:00 GMT)

ACORN sliding toward bankruptcy?
Embattled housing advocacy group ACORN could announce bankruptcy, officials say, after a raft of state chapters disbanded. (Sat, 20 Mar 2010 16:17:25 GMT)

Officials say ACORN facing bankruptcy
BALTIMORE, March 20 (UPI) -- The Association of Community Organizations for Reform Now, or ACORN, may soon be forced to file for bankruptcy, officials with the U.S. organization say. (Sat, 20 Mar 2010 17:00:33 GMT)

Sex.com Sale Halted by Bankruptcy
The firm that owns one of the most sought-after domains was forced into bankruptcy and the domain's sale is delayed. (Sat, 20 Mar 2010 22:10:43 GMT)

Other companies feeling the pinch after Smurfit-Stone bankruptcy, layoffs
MISSOULA — As Smurfit-Stone Container Corp. navigates throughU.S. Bankruptcy Court and decisions remain about the fate of theFrenchtown paper mill, many Missoula businesses are forced to ridethe ripple effects from the mill’s January closure. (Sat, 20 Mar 2010 23:17:08 GMT)

ACORN reportedly on verge of bankruptcy
The liberal political organizing group ACORN is on the verge of bankruptcy following a string of disclosures about mismanagement that caused funding to dry up, according to a source familiar with the organization. (Sun, 21 Mar 2010 04:00:00 GMT)

Sex.com auction canceled after bankruptcy filing
NEW YORK (AP) -- The suitors for Sex.com have been put off for now. An auction for the much-sought-after domain name was canceled Wednesday after three creditors filed a petition forcing the owner into bankruptcy. (Sun, 21 Mar 2010 07:15:52 GMT)

Sex.com auction canceled after bankruptcy filing
Thursday March 18, 2010 NEW YORK (AP) -- The suitors for Sex.com have been put off for now. An auction for the much-sought-after domain name was canceled Wednesday after three creditors filed a petition forcing the owner into bankruptcy. Mike Mann, an investor with all three creditors, said the petition was filed to stop the auction. (Sun, 21 Mar 2010 07:19:28 GMT)

Aventine out of bankruptcy, plans to finish Aurora West ethanol plant
AURORA -- An Illinois ethanol producer announced this week that it has emerged from bankruptcy and plans to finish building the Aurora West ethanol plant, possibly as soon as this fall. (Sun, 21 Mar 2010 08:20:06 GMT)

Company suing borough files for bankruptcy
MORRISVILLE - Stockham Interests LLC, of Trenton, filed for Chapter 11 bankruptcy in New Jersey on March 11. (Sun, 21 Mar 2010 09:44:15 GMT)

Sex.com sale halted by bankruptcy
The sale of what is claimed to be the most valuable domain on the Internet, sex.com, has been halted after a creditor forced the company owning it into bankruptcy. (Sun, 21 Mar 2010 23:19:19 GMT)

Virginia firms that recently filed for bankruptcy
These firms recently filed with the U.S. Bankruptcy Court's local clerk of court offices. (Mon, 22 Mar 2010 04:00:00 GMT)

Bankruptcy petitions for March 22
The following are recent business bankruptcy petitions filed in U.S. Bankruptcy Court: Case Number: 10-31708 Danny Smith Holding Co. LLC, Amelia County Assets: $6,000,000 Liabilities: $1,581,790 Filing: Chapter 11 (reorganization) Case Number: 10-31740 Stony Point Land Inc., City of Richmond Assets: $1,000,001 to $10 million Liabilities: $1,000,001 to $10 million Filing: Chapter 11 ... (Mon, 22 Mar 2010 04:18:14 GMT)

Westfall Twp.'s first-in-the-state bankruptcy may not be Pennsylvania's last
Westfall Twp.'s bankruptcy made state history this month, but the Pike County community may not be the last in Pennsylvania to take such a route to get out of dire financial straits - and Harrisburg and Philadelphia appear most at risk. A dour economy wi (Mon, 22 Mar 2010 08:27:27 GMT)

Lancashire footballer facing bankruptcy
A Lancashire soccer star whose wife died less than 12 months ago is facing a bankruptcy hearing. (Mon, 22 Mar 2010 09:34:24 GMT)

When bankruptcy isn't the best debt option
If your debt isn't large enough to file bankruptcy, devise a plan to pay down debt and spend less. (Mon, 22 Mar 2010 10:00:00 GMT)

Printer files for bankruptcy
NEW WASHINGTON -- The Herald Printing Company filed for Chapter 11 protection in the United States Bankruptcy Court in Canton in order to reorganize its business and restructure long-term debt. (Mon, 22 Mar 2010 11:42:50 GMT)

Local businesses feel crunch of DuBois & Son bankruptcy
A number of local businesses, many of them family-owned, are owed money by DuBois This month's bankruptcy filing by DuBois & Son LLC of Boynton Beach was a sad day for the pioneering farming family. (Mon, 22 Mar 2010 13:15:35 GMT)

Failed bank's CFO files bankruptcy
CINCINNATI - Failed thrift Peoples Community Bancorp's largest shareholder and a senior executive has filed Chapter 7 bankruptcy. (Mon, 22 Mar 2010 15:19:32 GMT)

Affiliated Media is out of bankruptcy protection
Affiliated Media Inc., the privately held publisher of the San Jose Mercury News and 53 other daily newspapers, said Monday it has officially emerged from Chapter 11 bankruptcy protection. (Mon, 22 Mar 2010 17:01:37 GMT)

Affiliated Media Is out of Bankruptcy Protection
Affiliated Media emerges from Chapter 11 bankruptcy protection on schedule with lighter debt Chapter 11 Title 11 United States Code - Debt - Law - Services - Lawyers and Law Firms (Mon, 22 Mar 2010 17:39:05 GMT)

Merkel: help Greece only at brink of bankruptcy
German Chancellor Angela Merkel says the European Union should bail out Greece only when it's "at the brink of bankruptcy, which it luckily is not at the moment." (Mon, 22 Mar 2010 18:07:54 GMT)

Bankruptcy Ruling in Student Loan Case
The justices made it easier for people who say they cannot repay their student loans to receive bankruptcy protection. (Tue, 23 Mar 2010 03:45:15 GMT)

Company 'walking' out of bankruptcy soon
South Coast-based shoe retailer Walking Co. Holdings Inc., which owns the Big Dig brand, said yesterday it is ready to emerge from bankruptcy protection next month. (Tue, 23 Mar 2010 08:20:24 GMT)

Shield money in bankruptcy with 529 plan
Dear Bankruptcy Adviser, I have cash on hand. Is it possible to save that money by putting it into a CD account under the names of my children for their college expenses, and then file for personal bankruptcy ? -- Rebecca (Tue, 23 Mar 2010 11:37:09 GMT)

Two businesses file for bankruptcy protection in U.S. Bankruptcy Court Eastern District of Michigan
Here are recent business bankruptcy filings in the U.S. Bankruptcy Court Eastern District of Michigan Flint office, which covers Genesee, Lapeer, Livingston and Shiawassee counties. (Tue, 23 Mar 2010 13:07:51 GMT)

ACORN Facing Bankruptcy, Officials Say
The Association of Community Organizations for Reform Now, or ACORN , may soon be forced to file for bankruptcy, officials with the U.S. organization say. (Tue, 23 Mar 2010 13:57:45 GMT)

Plantation bankruptcy decision delayed
A judge has granted Amelia Island Co. a 45- to 60-day extension in filing its plan of reorganization under Chapter 11 of federal bankruptcy law. (Tue, 23 Mar 2010 14:52:04 GMT)

Companies Behind South Bay Expressway Seek Chapter 11 Bankruptcy
The companies that built and operate the South Bay Expressway are seeking Chapter 11 bankruptcy protection, less than three years after the toll road opened. (Tue, 23 Mar 2010 15:16:42 GMT)

A Bankruptcy Scorecard For Newspapers
The four newspaper companies that have exited bankruptcy to date have shed three-quarters of their debt, collectively trimming nearly $2 billion in burdensome obligations. (Tue, 23 Mar 2010 16:00:27 GMT)

Getting a Credit Line After a Bankruptcy
Obtaining new business credit with a bankruptcy on your record won't be easy, but targeting community banks and getting others to vouch for you improve your odds (Tue, 23 Mar 2010 19:11:02 GMT)

W Union Square Hotel Put Into Bankruptcy by Lender (Update1)
Hotels Union Square Mezz 1, an entity controlled by junior lender LEM that owns the hotel, filed for bankruptcy in Delaware, saying it owes creditors as much as $100 million, according to bankruptcy papers filed in Delaware. (Tue, 23 Mar 2010 23:55:00 GMT)

Bankruptcy judge approves Reserve Club reorganization
A bankruptcy judge approved a plan of reorganization on Tuesday for the Reserve Club that includes a sale to McConnell Golf that will keep the course private and lift it from Chapter 11 bankruptcy. (Wed, 24 Mar 2010 02:59:11 GMT)

Bankruptcy Ruling in Student Loan Case
The justices made it easier for people who say they cannot repay their student loans to receive bankruptcy protection. (Wed, 24 Mar 2010 04:57:23 GMT)

Protecting car loans through bankruptcy
If you're considering bankruptcy , keep in mind there are several options to protect your secured car loans and keep the repo man away from your door. (Wed, 24 Mar 2010 11:36:49 GMT)

W Union Square Put Into Bankruptcy, Halting Foreclosure Auction
Hotels Union Square Mezz 1, an entity controlled by junior lender LEM that owns the hotel, filed for bankruptcy yesterday in Delaware, saying it owes creditors as much as $100 million. (Wed, 24 Mar 2010 12:56:54 GMT)

Conflict intensifies in Connolly Properties-related bankruptcy cases
PLAINFIELD — A collection of related Chapter 11 bankruptcy cases connected to 15 city apartment properties managed by Connolly Properties Inc., involving real estate valued at tens of millions of dollars, appears to have come down to a matter of just $31. (Wed, 24 Mar 2010 14:35:26 GMT)

New owner of W hotel at Union Sq. files bankruptcy
The new owner of the W New York Union Square hotel filed for bankruptcy on Tuesday, a day before a slated foreclosure auction called by one of the properties' lenders. Hotels Union Square Mezz 1, an entity controlled by an affiliate of Lubert-Adler Real Estate Funds known as LEM, said in the filing that it owes its creditors between $100 million and $501 million. LEM, a lender on the property ... (Wed, 24 Mar 2010 15:03:29 GMT)

Jacksonville bankruptcy filings almost tripled since 2006
Bankruptcy filings in Jacksonville just about tripled last year from 2006, a different economic time and place before the deep recession took hold in late 2007. (Wed, 24 Mar 2010 15:14:23 GMT)

Hecker bankruptcy attorney to withdraw
Bill Skolnick will be filing a motion to withdraw as Denny Hecker's bankruptcy lawyer and has hired an ethics attorney, according to a letter filed with the bankruptcy court this morning. (Wed, 24 Mar 2010 17:52:29 GMT)

W Union Square Put Into Bankruptcy, Halting Foreclosure Auction
Hotels Union Square Mezz 1, an entity controlled by junior lender LEM that owns the hotel, filed for bankruptcy yesterday in Delaware, saying it owes creditors as much as $100 million. (Wed, 24 Mar 2010 17:58:13 GMT)

Bankruptcy numbers on the rise
In Manitoba, personal bankruptcy was up by 21 percent last year, according to Bankruptcy Canada. (Wed, 24 Mar 2010 23:01:50 GMT)

Warehouse 11 is out of bankruptcy
It’s settled!The block-long 120-unit condominium behemoth known as Warehouse 11 is back from the brink of bankruptcy.Developer McCaren Park Mews reached an agreement with its bank, Capital One Bank, and a third-party financier in bankruptcy court late on Wednesday, to buy back the debt on the N... (Thu, 25 Mar 2010 00:43:42 GMT)

Aspen Stage 3 developer files for bankruptcy
ASPEN - A Dallas firm that once had plans to redevelop the old Stage 3 property on Main Street has gone bankrupt. Aspen Main Street Properties LP filed for Chapter 11 bankruptcy protection in Dallas, listing its assets between $10 million and $50 million, and its liabilities between $10 million and $50 million as well, according to court documents. The bankruptcy not only will allow the company ... (Thu, 25 Mar 2010 08:51:22 GMT)

MEDC communicating with Blockbuster on possible bankruptcy
News that Blockbuster, a national medial rental and retail chain with part of its operations located, in McKinney, might have to file for bankruptcy might have comes quite a shock to some, but local economic development officials said they aren't surprised. (Thu, 25 Mar 2010 09:35:52 GMT)

Bankruptcy filings here buck trend by falling
Bankruptcy filings in the Western District of New York fell 11 percent during the first two months of this year, flying in the face of national and regional trends elsewhere of soaring filings in the same period. (Thu, 25 Mar 2010 11:06:24 GMT)

U.S. bankruptcy court clears sale of shuttered Calif. refinery
A federal bankruptcy court has allowed Flying J to proceed with the sale of its idled refinery in California to Alon USA Ener - More -  (Thu, 25 Mar 2010 13:28:42 GMT)

Plantation bankruptcy decision delayed
A judge has granted Amelia Island Co. a 45- to 60-day extension in filing its plan of reorganization under Chapter 11 of federal bankruptcy law. (Thu, 25 Mar 2010 14:37:03 GMT)

Ambac May Seek Bankruptcy After Regulators Step In
Bond insurer Ambac Financial may seek bankruptcy protection after Wisconsin regulators step in Ambac Financial Group - Bankruptcy - Law - United States - Services (Thu, 25 Mar 2010 17:39:05 GMT)

Ambac May Seek Bankruptcy After Regulators Step In
The Ambac Financial Group warned again on Thursday that it might seek bankruptcy protection after state regulators took control of some of the bond insurer’s most troubled assets, The Associated Press reports . The news sent the company’s already devalued stock into a tailspin. (Thu, 25 Mar 2010 18:56:07 GMT)

Jake boutique files for bankruptcy, closing last store
Succumbing to the Great Recession, Chicago high-end fashion boutique Jake has filed for bankruptcy and will close its remaining store at 939 N. Rush St. at the end of the month when its lease ends, said co-founder Lance Lawson.The filing means for designers owed more than $500,000, "it's unlikely they'll receive anything," said Dan Zazove, an attorney representing about 25 of them. The group of ... (Thu, 25 Mar 2010 21:16:54 GMT)

Ambac may seek bankruptcy after regulators step in
Bond insurer Ambac Financial Group said again that it may seek bankruptcy protection after state regulators took control of some of its most troubled assets. (Thu, 25 Mar 2010 22:38:04 GMT)

Station Casinos proposes selling 14 casinos through bankruptcy; Fertittas to keep stake in 4
LAS VEGAS - Station Casinos owners Frank Fertitta III and Lorenzo Fertitta plan to keep a 46 percent stake in four casinos while selling 14 others through bankruptcy under a new reorganization plan. (Thu, 25 Mar 2010 23:07:17 GMT)

New assets revealed in bankruptcy
Doug Vaughan has more assets than he'd been letting on, he revealed thousands of dollars worth of cars and jewelry today at his personal bankruptcy hearing. (Fri, 26 Mar 2010 06:16:36 GMT)

Purcell has filed for bankruptcy
Houston Mayor Roger Purcell, facing a recall vote in June, is undergoing a string of other misfortunes too. He and his wife filed for bankruptcy last week. (Fri, 26 Mar 2010 09:15:21 GMT)

Crown Forex bankruptcy process continues, Swiss court confirms FINMA decision
FXstreet.com (Barcelona) - Crown Forex's appeal against the FIMNA's decision to open a bankruptcy procedure has been dismissed by the Swiss court. (Fri, 26 Mar 2010 11:54:05 GMT)

Golf community near Bozeman to file for bankruptcy
     The developers of a 378-home luxury golf course community being built west of Bozeman say they plan to file for Chapter 11 bankruptcy protection this week.      (Fri, 26 Mar 2010 11:55:06 GMT)

Owner Of Majority Of Bushnell On the Park Condos Files For Bankruptcy
The owner of more than two-thirds of the condominium units at Bushnell on the Park in downtown Hartford has filed for bankruptcy, as it faced the imminent loss of the units in foreclosure. (Fri, 26 Mar 2010 15:45:20 GMT)

ISDA Calls Ambac Unit Reorg. a Bankruptcy Event
ISDA Calls Ambac Unit Reorg. a Bankruptcy Event (Fri, 26 Mar 2010 16:52:05 GMT)

Caricom heading for bankruptcy - Guyana president
The Caribbean regional trade bloc Caricom is heading for "bankruptcy" with many islands unable to pay debts and cover costs, Guyana's President Bharrat Jagdeo warned on Friday. (Sat, 27 Mar 2010 01:38:14 GMT)

Bankruptcy judge blasts attorneys for Del. diocese
WILMINGTON, Del. (AP) — An irate Delaware judge on Friday blasted attorneys in the Catholic Diocese of Wilmington's bankruptcy for agreeing to a mediation process involving the diocese and alleged victims of priest sex abuse behind his back. (Sat, 27 Mar 2010 05:40:13 GMT)

MEDC communicating with Blockbuster on possible bankruptcy
News that Blockbuster, a national media rental and retail chain with part of its operations located in McKinney, might have to file for bankruptcy might have come as quite a shock to some, but local economic development officials said they aren't surprised. (Sat, 27 Mar 2010 05:58:16 GMT)

Vogue owner's bankruptcy may force sale of venue
A mix of business and personal woes have pushed Steven Carter Ross, the longtime owner and manager of the Vogue nightclub, into personal bankruptcy. Now a judge must decide whether Ross can keep the popular Broad Ripple music venue, or if he must sell it to satisfy his creditors and his estranged wife. (Sat, 27 Mar 2010 06:12:02 GMT)

Universities face bankruptcy
A number of Chinese universities with some of the world's largest student enrollments are facing bankruptcy in the next decade due to dwindling applications, the head of a major institution has said. (Sat, 27 Mar 2010 07:57:47 GMT)

Diocese bankruptcy judge waits to appoint mediator
A judge was expected to sign an order Friday in the Diocese of Wilmington bankruptcy approving a global mediator to help resolve the case outside the courtroom, but it did not happen. (Sat, 27 Mar 2010 08:01:51 GMT)

Isle bowl games operator files for bankruptcy
The company that operated the ill-fated Aloha, Oahu and Hula football bowl games in Hawaii has filed for Chapter 11 bankruptcy protection. Aloha Sports Inc. and its parent company, ASI Acquisitions, made the filing Thursday at U.S. Bankruptcy Court. (Sat, 27 Mar 2010 11:42:43 GMT)

Aventine out of bankruptcy, plans to finish Aurora West ethanol plant
AURORA -- An Illinois ethanol producer announced this week that it has emerged from bankruptcy and plans to finish building the Aurora West ethanol plant, possibly as soon as this fall. (Sat, 27 Mar 2010 12:43:10 GMT)

Fees flourish in bankruptcy cases
Professionals reap millions as cases get more complex; debtors, creditors and judges seem resigned to the trend Kevin Carey isn't likely to win any awards for reining in runaway bankruptcy fees. But at least he took a stab at it. (Sat, 27 Mar 2010 18:55:03 GMT)

Tulsa lawmaker’s bankruptcy detailed
New federal regulations on the mortgage industry contributed to a Tulsa Republican’s decision to file for Chapter 7 bankruptcy last month, the senator said. Sen. Dan Newberry, who used to own a mortgage company, filed for debt protection last month in a Tulsa federal court. Newberry said new regulations on the mortgage broker industry cut profits at a time when the industry was already suffering ... (Sat, 27 Mar 2010 21:48:33 GMT)

MGM studios on verge of bankruptcy
The future of one of the world's most famous film studios is hanging in the balance this weekend, as creditors of Metro Goldwyn Mayer debate whether to force the company into bankruptcy. (Sun, 28 Mar 2010 00:03:44 GMT)

Washington Mutual files bankruptcy plan after reaching agreement with JPMorgan
DOVER, Del. - Washington Mutual Inc. filed a bankruptcy reorganization plan, two weeks after resolving a US$4 billion dispute with JPMorgan Chase&Co. and the Federal Deposit Insurance Corp. (Sun, 28 Mar 2010 01:17:00 GMT)

Washington Mutual files bankruptcy plan after reaching agreement with JPMorgan
DOVER, Del. - Washington Mutual Inc. filed a bankruptcy reorganization plan, two weeks after resolving a US$4 billion dispute with JPMorgan (Sun, 28 Mar 2010 01:35:58 GMT)

MEDC communicating with Blockbuster on possible bankruptcy
News that Blockbuster, a national media rental and retail chain with part of its operations located in McKinney, might have to file for bankruptcy might have come as quite a shock to some, but local economic development officials said they aren't surprised. (Sun, 28 Mar 2010 06:57:27 GMT)

Aventine out of bankruptcy, plans to finish Aurora West ethanol plant
AURORA -- An Illinois ethanol producer announced this week that it has emerged from bankruptcy and plans to finish building the Aurora West ethanol plant, possibly as soon as this fall. (Sun, 28 Mar 2010 13:40:55 GMT)

MEDC communicating with Blockbuster on possible bankruptcy
News that Blockbuster, a national media rental and retail chain with part of its operations located in McKinney, might have to file for bankruptcy might have come as quite a shock to some, but local economic development officials said they aren't surprised. (Mon, 29 Mar 2010 05:58:32 GMT)

Starmax bankruptcy rumors laid to rest
Starmax Entertainment is not filing for bankruptcy, despite the rumors you may have heard. According to Starmax president Dave Kowert and Luna County manager John Sutherland - the county leases the property to Starmax - the local operation and the corporation as a whole is not in trouble. (Mon, 29 Mar 2010 06:11:28 GMT)

General Growth Said to Near Bankruptcy Exit Plan
General Growth Properties is getting closer to filing a bankruptcy exit plan, with its board planning to meet on Monday to give final approval to the proposal, sources familiar with the matter told Reuters. (Mon, 29 Mar 2010 06:56:07 GMT)

Appalachian landfill owner files for bankruptcy
Associated Press - March 29, 2010 4:05 AM ET CAPELS, W.Va. (AP) - The New York owner of a McDowell County landfill has filed for bankruptcy protection. (Mon, 29 Mar 2010 08:18:46 GMT)

Ollie’s, Vine face bankruptcy after labor disputes
Bankruptcy | A chef at Ollie’s on 116th prepares food. Despite labor disputes and bankruptcy filings, employees at 116th say their Ollie’s is fine. (Mon, 29 Mar 2010 09:02:49 GMT)

Apartment complex files for bankruptcy
Indianapolis -- The 184-unit Pheasant Run Apartments on the Far Eastside has filed for a Chapter 11 reorganization bankruptcy after defaulting on a $9.9 million loan from Republic Bank of Chicago. The owner is a limited partnership headed by David Rasmussen, Winnetka, Ill. The complex is at 7925 Palawan Drive, near I-465 and Brookville Road. (Mon, 29 Mar 2010 10:16:50 GMT)

JPMorgan Chase, Washington Mutual send deal to Delaware Bankruptcy Court
Washington Mutual, Inc. (WMI) has filed a plan with the United States Bankruptcy Court for Delaware that includes an agreement with JPMorgan Chase. JPMorgan Chase assumed control of the bank under a deal brokered by federal regulators. (Mon, 29 Mar 2010 11:33:55 GMT)

Washington Mutual, JPMorgan deal goes to Delaware Bankruptcy Court
Washington Mutual, Inc. (WMI) has filed a plan with the United States Bankruptcy Court for Delaware that includes an agreement with JPMorgan Chase. JPMorgan Chase assumed control of the bank under a deal brokered by federal regulators. (Mon, 29 Mar 2010 11:34:32 GMT)

Appalachian landfill owner files for bankruptcy
CAPELS, W.Va. (AP) -- The New York owner of a McDowell County landfill has filed for bankruptcy protection. An official with EnviroSolutions says the Copper Ridge landfill in Capels is expected to continue operating while the company reorganizes. The... (Mon, 29 Mar 2010 13:20:47 GMT)

Research and Markets: Interpreting & Analyzing Cash Flow Statements for Bankruptcy Lawyers
DUBLIN----Research and Markets has announced the addition of the "Interpreting & Analyzing Cash Flow Statements for Bankruptcy Lawyers" audioconference to their offering. (Mon, 29 Mar 2010 15:00:00 GMT)

Canwest Wins Extension of Bankruptcy Court Protection (Update2)
March 29 (Bloomberg) -- Canwest Global Communications Corp. won an extension of its bankruptcy protection in Canada to June 15 to give it time to work out the sale of its television unit. (Mon, 29 Mar 2010 21:13:27 GMT)

WaMu may see life after bankruptcy, thanks to taxes
Washington Mutual Inc , the biggest bank failure in history, may have a second life after bankruptcy. (Mon, 29 Mar 2010 21:33:47 GMT)

Pacific Ethanol files bankruptcy reorganization plan
Pacific Ethanol Inc. would surrender ownership of its four production plants to lenders but would continue operating the facilities under a bankruptcy reorganization plan unveiled Monday. (Tue, 30 Mar 2010 07:41:18 GMT)

Can you save your home in bankruptcy?
If you can't pay your mortgage loan, try getting a mortgage modification before filing bankruptcy. (Tue, 30 Mar 2010 10:00:00 GMT)

BANKRUPTCY HEARING: Conflict Concern In Case
Bankruptcy trustee John T. Lee recently asked the court to hire Lindsey Management Co. to oversee rental property owned by John David Lindsey, overlooking a conflict of interest between the debtor and a family-owned business. (Tue, 30 Mar 2010 10:25:55 GMT)

Aventine out of bankruptcy, plans to finish Aurora West ethanol plant
AURORA -- An Illinois ethanol producer announced this week that it has emerged from bankruptcy and plans to finish building the Aurora West ethanol plant, possibly as soon as this fall. (Tue, 30 Mar 2010 10:52:51 GMT)

JPMorgan Chase, Washington Mutual send deal to Delaware Bankruptcy Court
Washington Mutual, Inc. (WMI) has filed a plan with the United States Bankruptcy Court for Delaware that includes an agreement with JPMorgan Chase. JPMorgan Chase assumed control of the bank under a deal brokered by federal regulators. (Tue, 30 Mar 2010 11:21:17 GMT)

ClearPoint Credit Counseling Solutions (CCCS): Bankruptcy Filers Protect Themselves by Using a Counseling and ...
RICHMOND, Va.----As the economy fails to rebound, more and more Americans have chosen to file for bankruptcy protection. The numbers are staggering. The American Bankruptcy Institute reports that as of February 2009, personal bankruptcy filings reached 111,693, a 14% increase from only a year ago, and are up 32% over 2008 . (Tue, 30 Mar 2010 12:30:00 GMT)

Xerium files for bankruptcy
Struggling Xerium Technologies, citing "overwhelming support from its lenders" for its previously announced restructuring plan, has filed to reorganize its debts under the federal bankruptcy code. (Tue, 30 Mar 2010 13:55:41 GMT)

MEDC communicating with Blockbuster on possible bankruptcy
News that Blockbuster, a national media rental and retail chain with part of its operations located in McKinney, might have to file for bankruptcy might have come as quite a shock to some, but local economic development officials said they aren't surprised. (Wed, 31 Mar 2010 06:00:33 GMT)

IPTO to remove online bankruptcy annulment information
SINGAPORE : The Insolvency and Public Trustee’s Office (IPTO) said it will no longer make available online information on bankruptcy orders which have been annulled. (Wed, 31 Mar 2010 07:00:59 GMT)

Sex.com: Between Bankruptcy and Foreclosure
A lender which claims it is owed millions by the Sex.com domain name operator is asking a U.S. bankruptcy court to dismiss an involuntary bankruptcy case against the company, so it can resume a foreclosure auction, according to new court documents. (Wed, 31 Mar 2010 07:56:07 GMT)

JPMorgan Chase, Washington Mutual send deal to Delaware Bankruptcy Court
Washington Mutual, Inc. (WMI) has filed a plan with the United States Bankruptcy Court for Delaware that includes an agreement with JPMorgan Chase. JPMorgan Chase assumed control of the bank under a deal brokered by federal regulators. (Wed, 31 Mar 2010 10:52:19 GMT)

Washington Mutual, JPMorgan deal goes to Delaware Bankruptcy Court
Washington Mutual, Inc. (WMI) has filed a plan with the United States Bankruptcy Court for Delaware that includes an agreement with JPMorgan Chase. JPMorgan Chase assumed control of the bank under a deal brokered by federal regulators. (Wed, 31 Mar 2010 11:34:17 GMT)

Auction of I-10 Commerce Park land delayed as owners file for bankruptcy
The bankruptcy filing temporarily halts Regions Bank's efforts to foreclose on the land and auction it off. Filing for Chapter 11 bankruptcy creates an "automatic stay" on all of the filer's debts, according to the U.S. Bankruptcy Court's Web site. (Wed, 31 Mar 2010 12:42:36 GMT)

Irish Regulators Place Quinn Insurance Under Bankruptcy Protection
Irish regulators this week won a court order to place Quinn Insurance Ltd. under administration, a form of bankruptcy protection. John Hennessy, a lawyer representing the Financial Regulator, told ... (Wed, 31 Mar 2010 13:26:59 GMT)

Vernon Healy: Lehman Brothers Bankruptcy Examiners Report is Further Evidence That UBS Wronged Investors -- UBS
NAPLES, Fla. -- Investor advocacy attorney Chris Vernon's analysis of the recent 2,200-page Lehman Brothers Bankruptcy examiners report will likely help wronged investors who were sold Lehman structured notes by UBS. (Wed, 31 Mar 2010 13:40:00 GMT)

Why bankruptcy isn't answer
A popular personal finance expert wrote this advice on the subject of bankruptcy: "If you cannot get out of your financial mess in two years, you should consider filing for personal bankruptcy." (Wed, 31 Mar 2010 15:48:43 GMT)

Uno official: No changes at Brockton pizza plant despite bankruptcy filing
Uno Foods Inc. has no plans to cut jobs at its Spark Street pizza-making plant, despite the bankruptcy of its parent company, which led the Brockton Uno restaurant to close earlier this month. (Wed, 31 Mar 2010 15:54:20 GMT)

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