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 2010

1 2 Next

Bashas' Bankruptcy Judge to Hear Oral Arguments
CHANDLER, Ariz. Bashas' here said Friday a bankruptcy judge will hear oral arguments next Monday before deciding whether or not to confirm the chain's amended reorganization plan. (Sun, 01 Aug 2010 05:02:35 -0700)

Delaware bankruptcy court approves sale of Fuddruckers to Luby's
Cafeteria operator Luby's, Inc. announced that the United States Bankruptcy Court for the District of Delaware has approved the sale of substantially all of the assets of Fuddruckers, Inc., Magic Brands, LLC and certain of their affiliates (collectively, "Fuddruckers") to Luby's, Inc. for approximately $61 million in cash. (Sun, 01 Aug 2010 05:27:43 -0700)

Bankruptcy court filings
These firms recently filed with the U.S. Bankruptcy Court's local clerk of court offices. United States - Bankruptcy - Law - Services - Lawyers and Law Firms (Sun, 01 Aug 2010 21:00:00 -0700)

Delaware bankruptcy court approves sale of Fuddruckers to Luby's
Cafeteria operator Luby's, Inc. announced that the United States Bankruptcy Court for the District of Delaware has approved the sale of substantially all of the assets of Fuddruckers, Inc., Magic Brands, LLC and certain of their affiliates (collectively, "Fuddruckers") to Luby's, Inc. for approximately $61 million in cash. (Mon, 02 Aug 2010 05:27:53 -0700)

Bankruptcy, international style: What financial factors predict corporate bankruptcy globally
( University of Cincinnati ) In data mining more than a decade's worth of international bankruptcy records, a University of Cincinnati researcher has identified the company-related factors most likely to lead to bankruptcy in the US, UK and Japan. Companies in all three countries share only one common risk factor for bankruptcy: sales turnover. (Mon, 02 Aug 2010 06:48:05 -0700)

O.C. bankruptcy debt tops $375,000
Orange County residents who filed for Chapter 7 bankruptcy and others in the Southern California Central District owed a net $375,875 in debt last year, according to the new stats from the U.S. Bankruptcy Court's Administrative Office.The court... (Mon, 02 Aug 2010 07:36:15 -0700)

Bankruptcy judge rules in favor of Wells Fargo
Bankruptcy Judge Linda Riegle on Monday ruled that attorneys for investors failed to show that Wells Fargo Bank knowingly aided USA Capital in defrauding investors. (Mon, 02 Aug 2010 15:53:28 -0700)

Utah bankruptcy on the rise
SALT LAKE CITY (ABC 4 News) - The number of people filing for bankruptcy in Utah is rising. The U.S. Bankruptcy Court shows a 31 percent increase over last year. (Mon, 02 Aug 2010 18:01:56 -0700)

Utah bankruptcy on the rise
SALT LAKE CITY (ABC 4 News) Utah bankruptcy filings are up by 31 percent from a year ago. The number of Utahns seeking debt relief has grown to 8,942 in the first six months of 2010, as compared with 8,942 in the same period of 2009. Experts say the continued housing slump, unemployment rate, and years of consumer debt are to blame, but they also say too many people are acting too fast when ... (Mon, 02 Aug 2010 18:19:40 -0700)

Texas Rangers bankruptcy and auction Q&A
After two months of contentious bankruptcy court hearings, the Texas Rangers are expected to be sold at an auction Wednesday at the federal courthouse in Fort Worth. It's only the second time a Major League Baseball team has been sold in this manner. Here are some questions and answers about the auction and the final hearing on the team's bankruptcy plan: Q: How did the team end up on the... (Tue, 03 Aug 2010 01:03:23 -0700)

Fixing your credit report after bankruptcy
Dear Bankruptcy Adviser, I was proud to have a 750 credit score for 12 years up until January of this year. My question is, I'm so concerned with my credit score and I am wondering if I will ever have that again if I file for bankruptcy . Will I ever be able to be self-sufficient financially and be able to buy a house and get my score back up to 750 or better? (Tue, 03 Aug 2010 04:41:08 -0700)

Delaware bankruptcy court approves sale of Fuddruckers to Luby's
Cafeteria operator Luby's, Inc. announced that the United States Bankruptcy Court for the District of Delaware has approved the sale of substantially all of the assets of Fuddruckers, Inc., Magic Brands, LLC and certain of their affiliates (collectively, "Fuddruckers") to Luby's, Inc. for approximately $61 million in cash. (Tue, 03 Aug 2010 05:29:02 -0700)

Texas Rangers bankruptcy and auction Q&A
FORT WORTH, Texas -- After two months of contentious bankruptcy court hearings, the Texas Rangers are expected to be sold at an auction Wednesday at the federal courthouse in Fort Worth. It's only the second time a Major League Baseball team has been ... (Tue, 03 Aug 2010 06:43:53 -0700)

345 bankruptcy filings in Hawaii in July
HONOLULU (AP) U.S. Bankruptcy Court reports there were 345 bankruptcy filings in Hawaii in July, a 28 percent increase from July 2009. July marked the fifth consecutive month that the number surpassed 300. However, the increase was the lowest this year. (Tue, 03 Aug 2010 13:53:47 -0700)

Tribune bankruptcy report to be made public
WILMINGTON, Del. The judge overseeing Tribune Co.s bankruptcy on Tuesday ordered that an independent examiners report probing the media conglomerates 2007 leveraged buyout be made available to the public. Judge Kevin Carey granted the examiners request to remove confidentiality claims surrounding the report, which was submitted under seal last week because of confidentiality concerns [...] (Tue, 03 Aug 2010 17:40:25 -0700)

Confused about bankruptcy and auction of the Texas Rangers? Here's some Q&A
FORT WORTH, Texas - After two months of contentious bankruptcy court hearings, the Texas Rangers are expected to be sold at an auction Wednesday (Tue, 03 Aug 2010 21:50:15 -0700)

FGIC Corp. Seeks Bankruptcy Protection Under Chapter 11 in New York
FGIC Corp. filed for Chapter 11 bankruptcy protection in the U.S. Bankruptcy Court of Southern District of New York. The documents cited estimated liabilities between $100 million and $500 million. (Tue, 03 Aug 2010 22:09:42 -0700)

Area bankruptcy filings fall 4th straight month
BLADE NEWS AND WIRE SERVICES Bankruptcy filings in northwest Ohio fell in July, the fourth straight month in which case numbers were lower than in the same month last year. July filings for the 21 Ohio counties covered by the U.S. Bankruptcy Court in Toledo fell 13 percent to 734. The figure, however, was considerably higher than the July filings two years earlier and in each of the two prior ... (Tue, 03 Aug 2010 23:14:27 -0700)

Orlando Attorney Launches Virtual Bankruptcy Site; Individuals Can File Bankruptcy Online from the Privacy and ...
Orlando Bankruptcy Attorney Susan Budowski launched the online virtual bankruptcy center http://www.myflbankruptcyattorne today. The site allows individuals that need to file a Chapter 7 or Chapter 13 bankruptcy to do so completely online. (Wed, 04 Aug 2010 04:40:00 -0700)

Bankruptcy court approves $500M investment by Texas pension plan
NEW YORK General Growth Properties Inc., the second-largest U.S. mall operator and owner of Providence Place, won approval of a $500 million investment from a Texas public pension plan to help finance its exit from bankruptcy. (Wed, 04 Aug 2010 09:06:16 -0700)

Bankruptcy Filings Drop in the South
Even as consumer bankruptcy filings rose in July, the South is doing better than the rest of the country. (Wed, 04 Aug 2010 12:21:30 -0700)

Bankruptcy Filings Rise Across South Florida
While some businesses are experiencing a financial windfall during the Great Recession; in South Florida, businesses and individuals continue to file for bankruptcy in growing numbers. (Wed, 04 Aug 2010 13:09:05 -0700)

Bankruptcy list
Filed in U.S. Bankruptcy Court, Pittsburgh. (Wed, 04 Aug 2010 16:35:55 -0700)

Texas Rangers step closer to exiting bankruptcy
The Texas Rangers are stepping closer to getting out of federal bankruptcy protection. Just hours after a marathon auction of the team, a hearing began Thursday to go over the team's bankruptcy plan. If a judge signs off as expected, it will clear the way for Major League Baseball to formally approve a group led by Hall of Fame pitcher and Rangers president Nolan Ryan as the new owner next... (Thu, 05 Aug 2010 08:08:38 -0700)

Rangers leave federal bankruptcy protection
The Texas Rangers exited federal bankruptcy protection on Thursday, a little more than 12 hours after Hall of Fame pitcher Nolan Ryan's group bought the team at a marathon auction. Texas Rangers - Nolan Ryan - Hall of fame - Law - Services (Thu, 05 Aug 2010 10:26:42 -0700)

Rangers exit bankruptcy; judge thanks Cuban for stepping aside
The Texas Rangers exited federal bankruptcy protection on Thursday, little more than 12 hours after Hall of Fame pitcher Nolan Ryan's group bought the team at a marathon auction. (Thu, 05 Aug 2010 12:45:13 -0700)

Rangers exit bankruptcy protection
FORT WORTH, TEXAS (AP) - The Texas Rangers exited federal bankruptcy protection on Thursday, an anticlimactic end to one of the most contentious sales of a professional sports team. The hearing on the team's reorganization started just eight hours after a courtroom, in the wee hours of Thursday morning, erupted in ... (Thu, 05 Aug 2010 14:48:27 -0700)

Rangers exit bankruptcy as legend Ryan wins auction
Hall of Fame pitcher Nolan Ryan, who helped revive the Texas Rangers on the mound in the 1980s, has rescued the team from bankruptcy as a new owner of the Major League Baseball club. (Thu, 05 Aug 2010 15:56:53 -0700)

Rangers exit bankruptcy as judge approves sale
FORT WORTH, Texas (AP) -- The Texas Rangers got approval Thursday to exit federal bankruptcy protection, an anticlimactic end to one of the most contentious sales of a professional sports team. (Thu, 05 Aug 2010 16:14:21 -0700)

Texas Rangers exit bankruptcy protection
The Texas Rangers exited federal bankruptcy protection on Thursday, an anticlimactic end to one of the most contentious sales of a professional sports team. (Thu, 05 Aug 2010 16:33:20 -0700)

Texas Rangers get OK to exit bankruptcy protection
The Texas Rangers got approval to exit federal bankruptcy protection, an anticlimactic end to one of the most contentious sales of a professional sports team. (Fri, 06 Aug 2010 01:07:04 -0700)

TEXAS RANGERS SALE / Ballclub exits bankruptcy after Ryan outbids Cuban
The Texas Rangers got approval Thursday to exit Chapter 11 federal bankruptcy protection, an anticlimactic end to one of the most contentious sales of a pro sports team. The hearing on the team's reorganization started just eight hours after a courtroom, in... Texas Rangers - United States - Law - Chapter 11 Title 11 United States Code - Services (Fri, 06 Aug 2010 05:31:48 -0700)

Fertittas win Station Casinos bankruptcy auction
Station Casinos founders Frank Fertitta III and Lorenzo Fertitta have won approval from a federal bankruptcy judge in Reno to keep ownership of most of their company. (Fri, 06 Aug 2010 11:59:31 -0700)

Reno bankruptcy judge gives Station Casinos founders rights to own most of the company
LAS VEGAS (AP) Station Casinos founders Frank Fertitta III and Lorenzo Fertitta have won approval from a federal bankruptcy judge in Reno to keep ownership of most of the casino company. (Fri, 06 Aug 2010 12:08:28 -0700)

Chapter 13 bankruptcy office moves to Northbank building in downtown Flint
FLINT, Michigan With a growing number of people filing for bankruptcy, the trustee who helps debtors keep their property has moved into bigger digs. (Fri, 06 Aug 2010 23:13:08 -0700)

Rangers exit bankruptcy thanks to legend
Former Baseball legend Nolan Ryan has rescued the texas Rangers from bankruptcy as a new owner. (Sat, 07 Aug 2010 00:01:37 -0700)

Problem: Battle over phanton bankruptcy
Elgin woman battles TransUnion to remove unfounded report that she filed for bankruptcy It started innocently enough. In early June, Susan Gabon applied for a Pier One Imports credit card, figuring the application was a mere formality. (Sat, 07 Aug 2010 08:49:43 -0700)

Bankruptcy, successes preceded Pat Reid's indictment
Bankruptcy, successes preceded Pat Reid's indictment (Sat, 07 Aug 2010 16:26:58 -0700)

Bankruptcy mars reality of Jersey Housewife
What happens when reality intrudes on "reality"? For Teresa Giudice of "The Real Housewives of New Jersey" and the Bravo cable network bankruptcy is proving to be an inconvenient truth. (Sat, 07 Aug 2010 23:17:48 -0700)

Voluntary bankruptcy recommended for Duchess
Sarah Ferguson, the Duchess of York, says she is doing everything she can to avoid declaring bankruptcy over business debts. (Sun, 08 Aug 2010 20:51:37 -0700)

Duchess striving to avoid bankruptcy
The Duchess of York is doing everything she can to avoid bankruptcy, her spokesman said yesterday. Photo: Yui Mok/PA Wire The Duchess of York is doing everything she can to avoid bankruptcy, her spokesman said yesterday. (Mon, 09 Aug 2010 00:44:34 -0700)

Bashas' bankruptcy hearing today
PHOENIX (AP) - Lawyers for Arizona grocer Bashas' Inc. will have a final chance on Monday to convince a bankruptcy court judge to approve the chain's plan to emerge from bankruptcy protection. (Mon, 09 Aug 2010 03:29:26 -0700)

Out from under bankruptcy, Chrysler narrows 2Q loss on growing sales, says turnaround on track
DETROIT - A year after emerging from bankruptcy protection, Chrysler is stanching its losses and seeing demand for its cars and trucks rise. But it's far from healthy, and its CEO says the company has more tough work ahead. (Mon, 09 Aug 2010 04:09:13 -0700)

Final Arguments in Bashas' Bankruptcy
Lawyers for Arizona grocer Bashas' Inc. will have a final chance to convince a bankruptcy court judge to approve the chain's plan to emerge from bankruptcy protection. (Mon, 09 Aug 2010 04:34:35 -0700)

Out from under bankruptcy, Chrysler narrows Q2 loss on growing sales
DETROIT - A year after emerging from bankruptcy protection, Chrysler Group LLC said Monday that growing car and truck sales helped it narrow its second-quarter loss to US$172 million. (Mon, 09 Aug 2010 06:32:00 -0700)

Final arguments in Bashas' bankruptcy case Monday
Lawyers for Arizona grocer Bashas' Inc. will have a final chance on Monday to convince a bankruptcy court judge to approve the chain's plan to emerge from bankruptcy protection. Judge James Marlar is (Mon, 09 Aug 2010 08:29:11 -0700)

Chemtura Wins Approval for $1 Billion Agreement to Finance Bankruptcy Exit
Chemtura Corp. won court permission to enter an agreement to finance the plastic-additives makers exit from bankruptcy with about $1 billion in new debt. (Mon, 09 Aug 2010 08:54:59 -0700)

Bankruptcy Hearing on Statler Building
The sale of the landmark Statler Building now moving forward after a hearing in bankruptcy court Monday. (Mon, 09 Aug 2010 11:15:16 -0700)

Companies declaring bankruptcy in Spain down 13.7% in Q2
The number of companies declaring bankruptcy in Spain saw a drop of 13.7 percent in the second quarter of 2010 compared with the previous same period, a report from the National Statistics Institute said Monday. (Mon, 09 Aug 2010 18:26:56 -0700)

US judge says he'll rule soon on Bashas' bankruptcy plan
A Tucson bankruptcy court judge says he'll rule within the nextweek or so on a plan by Bashas' Inc. to emerge from bankruptcyprotection. (Mon, 09 Aug 2010 19:10:52 -0700)

Ailing studio MGM facing bankruptcy next month
Things are going so badly with MGM's restructuring review that a forced bankruptcy is a real possibility by September 15. (Mon, 09 Aug 2010 23:33:05 -0700)

No ruling yet in Bashas' bankruptcy case in Ariz.
A Tucson bankruptcy court judge says he'll rule within the next week or so on a plan by Arizona grocer Bashas' Inc. to emerge from bankruptcy protection. (Tue, 10 Aug 2010 05:24:41 -0700)

July bankruptcy numbers fall from '09
Bankruptcy filings in New Hampshire actually fell in July compared to the previous year -- the first time this has happened in the state since the fall of 2006, when the law changed to make filings more difficult.There were 473 filings in July, according to unofficial figures, 40 more than June, but 21 less than the previous July. Bankruptcy filings have been steadily climbing since October 2005 ... (Tue, 10 Aug 2010 05:46:26 -0700)

Trump Entertainment, Post-Bankruptcy, May Seek Partner for Plaza Upgrade
Trump Entertainment Resorts Inc. , the Atlantic City casino company that emerged from bankruptcy last month, said it may seek a hotel partner to renovate the Trump Plaza Hotel & Casino. (Tue, 10 Aug 2010 07:53:20 -0700)

Thee Options When Sinking Into Bankruptcy
Using payday loans to avoid bankruptcy is just a finger in the dam. Here are other options. (Tue, 10 Aug 2010 08:33:32 -0700)

Ambac Financial in Bankruptcy Talks; Shares Plunge
Ambac Financial Group aims for prepackaged bankruptcy deal; 2Q loss narrows but shares drop Ambac Financial Group - Bankruptcy - Law - Services - Lawyers and Law Firms (Tue, 10 Aug 2010 09:43:51 -0700)

CHS Declared Winner in Bankruptcy Court
A federal bankruptcy judge Tuesday approved the sale of Forum Health to Community Health Systems. During the hearing Judge Kay Woods ruled that the Tennessee-based health care system had the "highest and best" bid for Forum. The failing health care system filed for bankruptcy in March 2009. (Tue, 10 Aug 2010 11:10:33 -0700)

WaMu Bankruptcy Examiner Wins Judge's Approval of Scope for Investigation
The examiner for Washington Mutual Inc.s bankruptcy case won a judges approval for the scope of his investigation, with plans to file a preliminary report by Sept. 7. (Tue, 10 Aug 2010 12:54:44 -0700)

Bankruptcy Judge Denies WaMu's Attempt to Get Shareholder Data
A Delaware bankruptcy judge has rejected Washington Mutual's attempt to get personal financial information from shareholders who are demanding an annual company meeting. Members of the shareholders committee are hoping to elect new board members, alleging that the current WaMu board is resisting the election of new directors who would protect shareholder interests in the company's reorganization ... (Tue, 10 Aug 2010 20:07:53 -0700)

Bankruptcy is a Way to Deal with Unsecured Debts that you Cannot Pay
Bankruptcy is one way for you to deal with unsecured debts that you cannot pay. The idea is that it will allow you to make a fresh start and any assets you do have will be shared out among your creditors fairly. Upon being made bankrupt there are a number of restrictions placed on you for the period you are bankrupt. In this article, Gordon Goldie of Tait Walker sets out some basic information ... (Wed, 11 Aug 2010 00:00:00 -0700)

WaMu denied in bankruptcy court
A Delaware bankruptcy judge on Tuesday rejected Washington Mutual's attempt to get personal financial information from shareholders who are demanding an annual company meeting. (Wed, 11 Aug 2010 00:17:25 -0700)

Sea Island Co. files for bankruptcy protection
Sea Island Co. is seeking federal bankruptcy protection and says it plans emerge from Chapter 11 by selling its coastal Georgia resorts, golf courses and private clubs for $197.5 million. (Wed, 11 Aug 2010 08:34:43 -0700)

Ariff bankruptcy probe turns to family property deal
A PUBLIC examination into the bankruptcy of the banned liquidator Stuart Ariff descended into a long legal brawl yesterday as the barrister representing Mr Ariff's sister Yazni Ariff tried to prevent questions she said could expose her client to a criminal investigation. (Wed, 11 Aug 2010 10:21:11 -0700)

Alfa Pushes Bankruptcy
Alfa Bank is seeking bankruptcy for a pulp and paper mill 25 percent owned by billionaire Oleg Deripaska, rejecting a proposal by the plants management to turn the business around. (Wed, 11 Aug 2010 13:56:53 -0700)

Bankruptcy list
Filed in U.S. Bankruptcy Court, Pittsburgh. (Wed, 11 Aug 2010 15:55:48 -0700)

Judge reviews bankruptcy blocking Family Court project
A bankruptcy judge took the first steps Wednesday to sort out the legal mess now blocking construction of a $200 million Family Court building in Center City. (Thu, 12 Aug 2010 00:49:17 -0700)

Shinn hired as bankruptcy attorney in Tuckerton
TUCKERTON The Borough Council has appointed Robert Shinn as bankruptcy counsel to represent the borough in federal court in the pursuit of taxes in bankruptcy cases. (Thu, 12 Aug 2010 02:50:58 -0700)

Sea Island Seeks Federal Bankruptcy Protection
Sea Island, an exclusive resort off the coast of Georgia, has declared bankruptcy. The luxury resort is selling for a song, and reflects banks increasing willingness to do anything to get rid of bad assets. Sea Island was the site of the G-8 summit in 2004. (Thu, 12 Aug 2010 03:12:22 -0700)

Louisville businessman has assets frozen by bankruptcy judge
A federal bankruptcy judge has frozen assets in two roofing companies linked to Louisville businessman Randall Waldman after allegations that he fraudulently transferred them to his ex-wife to hide assets from his creditors. (Thu, 12 Aug 2010 14:50:07 -0700)

Abolish Bankruptcy Laws
By GREKO MAXIMUS Neither a Lender nor a Borrower be It is interesting to note that the government wants to do something regarding our bankruptcy regulations. But from media statements, the bills are completely useless unless the other culprits the bankers are also equally held responsible. Dont forget, it was clowns like Freddie Mac and Fannie Mae who started the economic disaster of ... (Thu, 12 Aug 2010 19:58:08 -0700)

MBIA-Vallejo, Innkeepers, UniCredit, General Growth, Chemtura: Bankruptcy
MBIA Inc. s municipal-bond insurance unit is asking a bankruptcy court judge to order Vallejo, California, to make good on promises to pay investors in case of default by using money from vehicle registrations. (Thu, 12 Aug 2010 21:44:45 -0700)

Caribbean Petroleum Seeks Bankruptcy Protection, Citing $500 Million Debt
Caribbean Petroleum Corp., operator of the only privately owned deep-water dock in San Juan Harbor, Puerto Rico, sought bankruptcy protection after having been ordered by the U.S. government to clean up environmental hazards stemming from an explosion that damaged petroleum storage tanks. (Thu, 12 Aug 2010 23:11:59 -0700)

Caribbean Petroleum files for bankruptcy
Caribbean Petroleum Corp (Capeco) filed for bankruptcy protection in a Delaware court late on Thursday, nearly ten months after a massive explosion at its major Puerto Rican fuel storage depot virtually shut down the company's operations. (Fri, 13 Aug 2010 04:52:01 -0700)

Bankruptcy judge permits trials of abuse suits against parishes
WILMINGTON, Del. The judge presiding over the Catholic Diocese of Wilmingtons bankruptcy case ruled Friday that lawsuits against several of its parishes filed by alleged victims of priest sex abuse can go to trial later this year. Judge Christopher Sontchi denied the dioceses request to extend a stay in the bankruptcy case to non-debtor [...] (Sun, 15 Aug 2010 16:41:14 -0700)

Del. diocese bankruptcy judge OKs victim trials
The judge in the Catholic Diocese of Wilmington's bankruptcy case has ruled that lawsuits against several of its parishes by alleged victims of priest sex abuse can go to trial later this year. (Sun, 15 Aug 2010 22:11:24 -0700)

Tribune Asks Bankruptcy Judge for More Time
Tribune attorneys ask judge to extend bankruptcy deadlines amid negotiations with creditors Bankruptcy - Law - Services - Lawyers and Law Firms - Bankruptcy Law (Mon, 16 Aug 2010 10:13:47 -0700)

Bankruptcy judge gives Tribune more time
A Delaware judge has agreed to again extend deadlines in the Tribune Co.'s bankruptcy as the company continues negotiating with creditors. The judge moved several deadlines in the case earlier this month to give parties time to respond to an independent... Tribune Company - Delaware - Chapter 11 Title 11 United States Code - Bankruptcy - Creditor (Mon, 16 Aug 2010 10:20:37 -0700)

Tribune asks bankruptcy judge for more time
Tribune attorneys ask judge to extend bankruptcy deadlines amid negotiations with creditors (Mon, 16 Aug 2010 10:38:35 -0700)

Tribune Co. asks bankruptcy judge for more time
Tribune Co., citing "vigorous negotiations" toward a new settlement with its creditors, asked the judge in its bankruptcy case for more time to work out a reorganization plan that "would maximize consensus" around a deal. The move comes as the various bickering parties in the case realign their positions based on the findings of an independent examiner who reviewed claims surrounding the Chicago ... (Mon, 16 Aug 2010 13:52:49 -0700)

Reaffirm car loan after bankruptcy?
Agreeing to pay a loan after it's cleared by bankruptcy is only beneficial in a few instances. (Tue, 17 Aug 2010 03:00:00 -0700)

Bankruptcy judge says some sex abuse suits can move forward
A U.S. Bankruptcy Court judge Friday allowed several lawsuits against parishes in the Catholic Diocese of Wilmington to move forward. The decision came after a dramatic day of testimony from individuals who told chilling stories of abuse by clergy. (Tue, 17 Aug 2010 03:20:29 -0700)

FairPoint Communications Files Motion Seeking U.S. Bankruptcy Court Approval of Paul H. Sunu as New CEO
CHARLOTTE, N.C., Aug. 16 -- In a motion filed today in U.S. Bankruptcy Court for the southern distri... (Tue, 17 Aug 2010 04:37:51 -0700)

Mine bankruptcy 'aftershock' hits local companies
Like the aftershocks following an earthquake, repercussions of a 2008 Emery County mine bankruptcy are sending financial tremors through scores of Castle Country businesses. (Tue, 17 Aug 2010 07:54:31 -0700)

Visteon Ordered by Bankruptcy Judge to Reinstate Retiree Health Benefits
A judge ordered Visteon Corp. to reinstate health benefits to thousands of retirees who lost insurance coverage after the auto-parts maker filed bankruptcy. (Tue, 17 Aug 2010 08:24:42 -0700)

Bankruptcy judge: Visteon must restore benefits to retirees, but method, timetable, unclear
WILMINGTON, Del. - A Delaware bankruptcy judge told auto parts supplier Visteon Corp. on Tuesday that it must restore health and life insurance benefits for more than 6,500 retirees. (Tue, 17 Aug 2010 10:42:00 -0700)

New bankruptcy statistics suggest many Memphis debtors can't manage repayment plans
"People are just frustrated to the point of giving up," says bankruptcy lawyer Jimmy McElroy. (Tue, 17 Aug 2010 11:54:00 -0700)

Bankruptcy judge gives Tribune more time
The judge in Tribune Co.s bankruptcy case suspended a Friday voting deadline on the companys proposed reorganization plan, responding to a request for more time from Tribune Co. lawyers. (Tue, 17 Aug 2010 15:55:27 -0700)

Bankruptcy Filings Jump 20 Percent
Bankruptcy filings rose 20 percent in the 12-month period ending June 30, 2010, the highest number of bankruptcy filings for any period since many of the provisions of the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 took effect. (Tue, 17 Aug 2010 16:00:07 -0700)

Bankruptcy Filings Still Increasing
The latest bankruptcy numbers are just another sign of tough times and the toll the recession is taking on people and businesses. (Tue, 17 Aug 2010 16:26:25 -0700)

Bankruptcy filings at highest point since 2005
Bankruptcy filings have reached the highest level since 2005, data released Tuesday show, as the economy slows and the unemployment rate hovers just below double digits. Bankruptcy - United States - Law - Unemployment - Services (Tue, 17 Aug 2010 16:58:03 -0700)

Highland Hospitality Said to Mull Bankruptcy
JER Partners , the private equity firm, is exploring a possible bankruptcy filing for the debt-ridden Highland Hospitality after the hotel owner failed to repay about $868 million in debt due earlier this month, The Wall Street Journal said. (Tue, 17 Aug 2010 23:27:37 -0700)

Bankruptcy filings soar 20 percent
WASHINGTON, Aug. 18 (UPI) -- The stark reality of the economic downturn is reflected in court statistics showing U.S. bankruptcy filings rose 20 percent from June 2009 to June 2010. United States - Bankruptcy - Law - Services - Lawyers and Law Firms (Wed, 18 Aug 2010 08:21:06 -0700)

Bankruptcy judge approves sale of Los Abrigados parent corporation ILX
Diamond Resorts Corp. has moved one step closer to owning bankrupt ILX Resorts and its Los Abrigados Resort Spa in Sedona. U.S. Bankruptcy Judge Redfield T. Baum Sr. issued a ruling July 23 approving the sale of ILX Resorts, which filed for Chapter 11 under the U.S. Bankruptcy Code on March 2, 2009. According to court documents, the official purchaser is ILX Acquisitions Inc., a holding company ... (Wed, 18 Aug 2010 12:09:25 -0700)

Bankruptcy judge approves Sumner Regional's sale to LifePoint
A Nashville bankruptcy judge this week approved a settlement agreement that allows for the sale of Sumner Regional Health Systems to Brentwood-based LifePoint Hospitals Inc. to go forward. (Wed, 18 Aug 2010 13:57:27 -0700)

Bankruptcy list
iled in U.S. Bankruptcy Court, Pittsburgh. (Wed, 18 Aug 2010 20:13:24 -0700)

A year after bankruptcy, GM plans stock sale
Thirteen months ago, General Motors was fighting for its life in bankruptcy court. Now, the automaker is laying the groundwork to sell stock to the public once again with the eventual goal of ridding itself of government ownership. (Thu, 19 Aug 2010 05:48:20 -0700)

Bankruptcy filings at 5-year high
Bankruptcy filings nationwide reached their highest level in five years between April and June, up 11 percent from the same period in 2009, government data showed Wednesday.There were 422,061 bankruptcy filings in that period of this year, compared with 381,073 in that period of 2009 and 388,148 between January and March of this year.The quarterly filings exceeded 400,000 for the first time ... (Thu, 19 Aug 2010 07:19:01 -0700)

Ga. Bankruptcy Rate Third-Highest In U.S.
The personal bankruptcy rate among Georgians reached the third-highest in the nation last fiscal year. Nearly 8 out every 1,000 Georgians filed for bankruptcy in the fiscal year that ended June 30th. The numbers are from the Adminstrative Office of the U.S. Courts. Nevada topped the nation with... (Thu, 19 Aug 2010 14:38:18 -0700)

Can You Buy Your Leased Car in Bankruptcy?
Buying a leased car in bankruptcy won't be a problem, but finding a car loan to finance it could be. (Fri, 20 Aug 2010 06:20:43 -0700)

Tribune Bankruptcy Plan Forced Back To Square One
The dispute among The Tribune Company and its various lenders over its plan to emerge from bankruptcy has reached an impasse and the newspaper publisher will have to come up with a new proposal. (Fri, 20 Aug 2010 10:02:03 -0700)

Tribune bankruptcy plan dissolves after negotiations with creditors fail
WILMINGTON, Del. - The Tribune Co.'s plan to emerge from bankruptcy has blown up after the failure of negotiations with creditors on a consensual reorganization plan. (Fri, 20 Aug 2010 10:18:00 -0700)

Tribune bankruptcy unravels as talks fail
Tribune bankruptcy unravels as talks fail (Fri, 20 Aug 2010 10:57:09 -0700)

Tribunes Bankruptcy Plan Falls Apart
The Tribune Company s plan to emerge from bankruptcy unraveled Friday in the wake of an independent report concluding that talks leading up to the companys 2007 leveraged buyout bordered on fraud, The Associated Press reports . The report released last month by a court-appointed examiner forced Tribune and its creditors to rethink a settlement agreement that formed the basis of its ... (Fri, 20 Aug 2010 12:12:37 -0700)

Tribune bankruptcy talks break down as key players flee
Kevin Roderick: Sam Zell's plan to emerge from bankruptcy "has unraveled in the wake of an independent report concluding that talks leading up to the company's 2007 leveraged buyout bordered on fraud," the Chicago Sun-Times reports today. (Fri, 20 Aug 2010 12:45:03 -0700)

Bankruptcy means 300 jobs gone
Professional Veterinary Products, an Omaha-based firm that has struggled to pay down $25 million in debt, reported Friday that it had filed for bankruptcy and notified employees that their jobs would be eliminated Oct. 11. (Sat, 21 Aug 2010 01:10:02 -0700)

US bankruptcy filings touch 4-yr high at 1.57 mn
US bankruptcy filings touch 4-yr high at 1.57 mnUS bankruptcy filings touch 4-yr high at 1.57 mn (Sat, 21 Aug 2010 22:29:47 -0700)

Bankruptcy filings rebound
Long-term unemployment and small-business failures continue to propel personal bankruptcy filings, with Tennessee in step with a national trend that shows the number of cases spiking in July for the first time after declining for three months. (Sun, 22 Aug 2010 00:28:50 -0700)

Bankruptcy means 300 jobs gone
Professional Veterinary Products, an Omaha-based firm that has struggled to pay down $25 million in debt, reported Friday that it had filed for bankruptcy and notified employees that their jobs would be eliminated Oct. 11. (Sun, 22 Aug 2010 02:39:32 -0700)

Park Seed to be sold at bankruptcy hearing
A bankruptcy trustee who has been running the company since April has recommended the judge accept the bid of Blackstreet Capital that would provide $8.5 million to pay off the companys debts. (Sun, 22 Aug 2010 06:42:18 -0700)

SC's Park Seed to be sold at bankruptcy hearing
A federal bankruptcy judge will decide who gets to buy South Carolina's venerable Park Seed Co. and what will happen to its more than 300 employees in Greenwood. (Sun, 22 Aug 2010 09:34:51 -0700)

Firms that recently filed for bankruptcy
These firms recently filed with the U.S. Bankruptcy Court's local clerk of court offices. Bankruptcy - Law - United States - Services - Lawyers and Law Firms (Sun, 22 Aug 2010 21:00:00 -0700)

Bankruptcy looms unless City Council acts soon, interim city manager says
Interim City Manager Warren Renando says bankruptcy is looming for the city of Jackson unless City Council acts soon to avert it.Renando told City Council this week that if present trends continue and the city keeps spending more money than... (Mon, 23 Aug 2010 03:09:47 -0700)

Sicel fighting against bankruptcy
Sicel Technologies is battling an attempt by creditors to push it into involuntary bankruptcy at a court hearing this afternoon. (Mon, 23 Aug 2010 08:04:42 -0700)

National Envelope Wins Bankruptcy Court Approval to Sell Assets to Gores
U.S. Bankruptcy Judge Peter J. Walsh said he will give NEC approval to sell its assets after holding a 15-hour auction to determine the best offer, at a hearing today in Wilmington, Delaware. (Mon, 23 Aug 2010 10:09:42 -0700)

Court filing: Insiders' group can't close bankruptcy purchase of Ohio-based newspaper chain
CINCINNATI - An insiders group cannot complete its bankruptcy auction purchase of the Ohio-based newspaper chain Brown Publishing Co. because the group's lender withdrew, the company said in a court filing. (Mon, 23 Aug 2010 12:55:24 -0700)

Innkeepers Shareholders Ask Bankruptcy Judge to Deny Loan for Operations
Innkeepers USA Trusts shareholders asked a bankruptcy judge to deny the company a loan to finance operations in bankruptcy and a planned support agreement, saying the deals benefit Apollo Investment Corp. (Mon, 23 Aug 2010 14:25:04 -0700)

Bankruptcy Soars
BALTIMORE (AP) - Statistics from the Administrative Office of the U.S. Courts show that bankruptcy filings in Maryland went up nearly 36 percent in... Visit WMDT.com for the full story (Mon, 23 Aug 2010 20:11:04 -0700)

Democrat's bankruptcy becomes issue in High Desert Assembly race
The odds against a Democrat winning an Assembly seat in the High Desert probably lengthened late last week with a conservative blogger's revelation that Palmdale Democrat Linda Jones declared bankruptcy early this year. (Mon, 23 Aug 2010 21:43:42 -0700)

Is bankruptcy the only way to keep home?
Dear Bankruptcy Adviser, I have fallen behind on my mortgage due to waiting on a loan modification . I had to pay the bank upfront fees and make a modified loan payment for the lender to work on the modification and then find out I wasn't approved after several months of making payments. (Tue, 24 Aug 2010 04:56:07 -0700)

Md. bankruptcy cases rise by nearly 36 percent in past year
More than 29,000 bankruptcy cases filed in Maryland in a year Bankruptcy filings jumped nearly 36 percent in Maryland in the past year, continuing a recession-era trend of double-digit growth in cases, a federal courts report shows. (Tue, 24 Aug 2010 05:45:47 -0700)

Ore. man pleads bankruptcy fraud, hiding gold
An Oregon man has pleaded guilty to bankruptcy fraud, including concealment of gold, silver and ownership of a vintage pickup truck. (Tue, 24 Aug 2010 13:11:54 -0700)

Bankruptcy filings highest since 2005
DRAPER If there's one thing bankruptcy attorney Adam Brown sees in his work, it is a wide spectrum of clients. (Tue, 24 Aug 2010 18:47:07 -0700)

Fulton Homes bankruptcy not a quick fix
Participants in the Fulton Homes Corp. bankruptcy case will meet Thursday for their fourth attempt at negotiating a reorganization plan that would allow the Tempe-based homebuilder to emerge from Chapter 11 reorganization. (Tue, 24 Aug 2010 19:24:39 -0700)

Md. bankruptcy cases rise by nearly 36 percent in past year
More than 29,000 bankruptcy cases filed in Maryland in a year Bankruptcy filings jumped nearly 36 percent in Maryland in the past year, continuing a recession-era trend of double-digit growth in cases, a federal courts report shows. (Tue, 24 Aug 2010 20:49:47 -0700)

States Industries files for bankruptcy, plans sale of company
States Industries filed for the protection of the bankruptcy court on Tuesday as its owners position the wood products company for sale. The 43-year-old Eugene company, which had about 300 employees in late May, makes decorative hardwood panels for use in cabinets, furniture and other products. States Industries listed assets (Tue, 24 Aug 2010 21:21:06 -0700)

Tribune Co. says bankruptcy negotiations have failed
The Tribune Co.'s plan to emerge from bankruptcy has unraveled in the wake of an independent report concluding that talks leading up to the company's 2007 leveraged buyout bordered on fraud, attorneys said Friday. The report released last month by a court-appointed examiner forced Tribune and its creditors to rethink a settlement agreement that formed the basis of its reorganization plan. (Wed, 25 Aug 2010 11:49:53 -0700)

AbitibiBowater gets bankruptcy court OK for financing
A U.S. bankruptcy court approved a US$1.35-billion financing plan that will allow the worlds largest newsprint market AbitibiBowater Inc to exit bankruptcy, according to court documents filed on Tuesday (Wed, 25 Aug 2010 13:47:20 -0700)

Businessmans Visit to Inquirer Upsets Bankruptcy Judge
The bankruptcy judge overseeing the Chapter 11 case of the Philadelphia Inquirer and Daily News after a lengthy court fight with previous publisher Brian Tierney was annoyed to learn that an investor with ties to Tierney paid a visit to workers this week. (see previous story) KYWs Steve Tawa reports Judge Stephen Raslavitch hauled participants [...] (Wed, 25 Aug 2010 16:31:03 -0700)

Municipal bankruptcy legislation resurrected
Just days before the end of the legislative session, a controversial measure to restrict municipal and special district Chapter 9 bankruptcy filings has been revived.The oft-modified Assembly Bill 155, authored by state Rep. Tony Mendoza, D-Norwalk, has been pulled from the (Thu, 26 Aug 2010 01:24:05 -0700)

Gov't to set up "bankruptcy committee" for BKV
The government decided to set up a "bankruptcy committee" in order to settle the finances of the Budapest transport company BKV, the National Economy Ministry told MTI on Thursday. (Thu, 26 Aug 2010 02:18:55 -0700)

Celebrity Bankruptcy No. 1
Mike Tyson earned around $300 million during his career but filed for bankruptcy in 2003 due to more than $27 million in debts. Tyson told the ladies on "The View" earlier this year, "I'm totally destitute and broke." When asked how it happened, he simply said, "I had a lot of fun. (Thu, 26 Aug 2010 05:26:38 -0700)

Blockbuster to file bankruptcy in September
Blockbuster Inc. will file bankruptcy next month, people familiar with the matter have told the Los Angeles Times. Blockbuster - Los Angeles Times - Netflix - United States - Bankruptcy (Thu, 26 Aug 2010 16:43:03 -0700)

Bankruptcy trustee takes over Meridian founder's companies
A court-appointed bankruptcy trustee this week assumed control of 14 businesses owned by Meridian Group founder Darren Berg, who filed for... (Thu, 26 Aug 2010 18:03:30 -0700)

Officials: Harrisburg on fast track to bankruptcy
Bankruptcy is beginning to look like a more attractive option for Harrisburg. The cash-strapped city is edging closer and closer to Chapter 9 each day it does not have a recovery plan, top city officials said. (Thu, 26 Aug 2010 21:03:46 -0700)

Airline in bankruptcy protection
The Irish regional airline, Aer Arran, enters a bankruptcy protection process after suffering 18m euro losses since 2008. (Fri, 27 Aug 2010 01:27:22 -0700)

Blockbuster Preparing for Bankruptcy?
Former video rental giant Blockbuster may be getting close to filing for bankruptcy as a way to escape a mammoth debt burden of over $1 billion. According to reports in the Los Angeles Times and elsewhere, Blockbuster representatives have been meeting with major movie studios to outline their plans for a bankruptcy filing that would see the company shuttering as many as 500 of its nearly 3,500 ... (Fri, 27 Aug 2010 03:38:22 -0700)

Blockbuster Said Set for Bankruptcy Next Month
Blockbuster , the movie rental chain, is said to be readying a bankruptcy filing for mid-September, The Los Angeles Times reported on Thursday citing people briefed on the matter. (Fri, 27 Aug 2010 03:42:47 -0700)

Closet company emerges from bankruptcy
Federal bankruptcy court in Los Angeles has dismissed the reorganization filing of Home Organizers Inc., in Whittier, parent company of Closet World Inc. and Closets by Design Inc. The bankruptcy was filed in April in a dispute with the company's... (Fri, 27 Aug 2010 03:59:44 -0700)

Blockbuster prepares bankruptcy filing
Video rental giant Blockbuster is planning to file for Chapter 11 bankruptcy in mid-September to restructure its nearly $1 billion in debt and escape leases on several hundred stores. (Fri, 27 Aug 2010 04:37:19 -0700)

Blockbuster Bankruptcy Weeks Away?
Blockbuster may enter into a preplanned bankruptcy as soon as mid-September, according to reports. (Fri, 27 Aug 2010 07:28:27 -0700)

National Commercial Auctioneers to Hold Bankruptcy Auction for 9 Oil Lease Packages covering 1,560 acres in Oklahoma
National Commercial Auctioneers [www.natcomauctions.com ] announces the bankruptcy auction of nine oil lease packages in Okmulgee, Okla., on September 30, according to Stephen Karbelk, CAI, AARE, Broker. (Fri, 27 Aug 2010 07:36:00 -0700)

Bankruptcy won't impact call center
Workers at the Oriental Trading Company call center in Fremontwill not be affected by the company's Chapter 11 bankruptcy filing,a company spokesman said Thursday. (Fri, 27 Aug 2010 08:41:24 -0700)

Spheris Wins Bankruptcy Court Approval of Plan Paying Creditors From Sale
Spheris Inc., a medical transcription company, won Bankruptcy Court approval of its plan of liquidation paying its creditors from the proceeds of selling its assets. (Fri, 27 Aug 2010 09:24:42 -0700)

Is Blockbuster poised to declare bankruptcy?
Rumors of imminent bankruptcy have been dogging the financially struggling Blockbuster video rental chain for years, and a recent report claims that Blockbuster will finally file for Chapter 11 bankruptcy protection as early as next month. But while the easy-to-hate Blockbuster may be down, it’s probably not out—and that’s a good thing for us movie-loving consumers. (Fri, 27 Aug 2010 12:04:34 -0700)

Bankruptcy judge approves Station Casinos reorganization plan
A federal bankruptcy judge in Reno confirmed Station Casinos' plan of reorganization Friday after 90 percent of the company's secured and unsecured creditors signed off on the deal, which will wipe some $4 billion in debt from the company's books. (Fri, 27 Aug 2010 12:53:28 -0700)

Bankruptcy judge approves Station Casinos reorganization plan, wipes $4B debt off books
RENO, Nev. - A Reno bankruptcy judge has approved a Station Casinos Inc. reorganization plan for creditors to take an ownership stake in some properties and buy others through an auction. (Fri, 27 Aug 2010 14:55:04 -0700)

Station casinos bankruptcy exit plan approved
Station casinos bankruptcy exit plan approved Bloomberg News Updated Aug 27, 2010 09:26PM MDT Station Casinos Inc., the biggest U.S. gambling company in bankruptcy, has won court permission for its plan to exit bankruptcy by selling most of its casinos to a group led by Chairman Frank Fertitta. Before the firm can close the sales and exit bankruptcy, it must win approval from Nevada gambling ... (Fri, 27 Aug 2010 19:21:52 -0700)

Bankruptcy Action Can Be 'Commenced' Despite Failure to Meet Law's Requirements, 2nd Circuit Says
A bankruptcy action can be considered "commenced" even when a debtor has failed to meet a requirement imposed by Congress that he first receive credit counseling, the 2nd U.S. Circuit Court of Appeals has ruled. Interpreting a "statutory tangle" of bankruptcy provisions, the circuit said the counseling requirement under 11 U.S.C. §109(h) is not jurisdictional in nature and a case can still be ... (Fri, 27 Aug 2010 20:37:25 -0700)

Passengers scramble for flights after bankruptcy grounds Mexican airline
Bankruptcy has grounded Mexico's largest airline, affecting travelers at Dallas Fort Worth International Airport. Mexicana Airlines quit flying at noon Saturday. The impact is being felt across the country, including in North Texas, where the carrier flew to Mexico City twice, daily. Passengers are scrambling to find new flights. Ernesto Oliva's flight doesn't leave until Sunday but he's at D/FW ... (Sat, 28 Aug 2010 16:22:53 -0700)

American Pie - American Pie Producer Files For Bankruptcy
AMERICAN PIE producer WARREN ZIDE has filed for bankruptcy after he was hit with a tax demand for more than $500,000 (333,000).A $518,630 (345,753) lien was filed... (Sun, 29 Aug 2010 17:57:24 -0700)

1 2 Next


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