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Home > Bankruptcy News

Bankruptcy News Jan 2013

Why Avoiding a Bankruptcy Filing Could be a Bad Idea
Queens Bankruptcy Attorney Bruce Feinstein, Esq. cautions that trying to avoid or put off a bankruptcy could cause more harm than good.Queens, NY (PRWEB) January 01, 2013 It is very common for people to avoid filing for bankruptcy or try putting it off as long as they can. In some cases, staving off a bankruptcy filing and slowly getting yourself out of debt can be the best option for ... (Tue, 01 Jan 2013 03:02:16 -0800)

The Best Way To File For Bankruptcy With La Bankruptcy Legal Professionals
LawFuel.com - Bankruptcy Attorney and Bankruptcy Law News - Bankruptcy is a serious predicament where a man or woman or perhaps company discovers by itself when it’s struggling to repay the debts this owes towards the lenders. (Wed, 02 Jan 2013 04:48:38 -0800)

Tribune exits bankruptcy with new TV-focused board
CHICAGO (AP) — More than four years after crushing debt and plunging advertising sales forced it to file for Chapter 11 bankruptcy protection, Tribune Co. has emerged with a new television-focused board and over $1 billion in new financing. (Wed, 02 Jan 2013 09:23:30 -0800)

Tribune exits bankruptcy with new TV-focused board
CHICAGO (AP) — More than four years after crushing debt and plunging advertising sales forced it to file for Chapter 11 bankruptcy protection, Tribune Co. has emerged with a new television-focused board and over $1 billion in new financing. (Wed, 02 Jan 2013 21:54:09 -0800)

Bankruptcy judge throws out AMR pilots' contract
American Airlines took a major step toward emerging from bankruptcy Tuesday, when a federal judge threw out its pilots' union contract. The airline's management has already negotiated concessions from its flight attendants, maintenance workers and other unionized employees. (Thu, 03 Jan 2013 03:14:32 -0800)

Disney Seeks to Halt Bankruptcy Sale of 3-D Technology
Walt Disney (DIS) Studios Motion Picture Production asked a federal judge to block a bankruptcy court ruling that would allow the sale of patents related to 3-D movies. (Thu, 03 Jan 2013 07:15:52 -0800)

First Person: My Bankruptcy Is Still Holding Me Back
Filing for bankruptcy has changed more than just my financial life. There are options that are simply not open to me because of my bankruptcy. (Thu, 03 Jan 2013 09:43:00 -0800)

Pinnacle Airlines outlines plan to exit bankruptcy
Pinnacle Airlines Corp. said Thursday that it reached agreements, including additional financing, that will allow it to emerge from bankruptcy protection as a subsidiary of Delta Air Lines Inc.Pinnacle ... (Thu, 03 Jan 2013 10:33:29 -0800)

GM could face $918 million hit from bankruptcy-related lawsuit
(Reuters) - A U.S. bankruptcy judge could soon rule on whether the 2009 government-led restructuring of General Motors Co improperly favored hedge funds, and an adverse ruling could cost the automaker nearly $1 billion. Judge Robert Gerber must decide whether a "lock-up agreement" in the restructuring sent $367 million to a group of hedge fund noteholders at the expense of other creditors. A ... (Thu, 03 Jan 2013 13:05:17 -0800)

GM faces $1B liability in bankruptcy ruling
U.S. bankruptcy judge could soon rule on whether the 2009 government-led restructuring of General Motors Co. improperly favored hedge funds, a ruling that could cost the automaker nearly $1 billion. (Thu, 03 Jan 2013 14:27:53 -0800)

GM could face $918 mln hit from bankruptcy-related lawsuit
By Tom Hals REUTERS - A U.S. bankruptcy judge could soon rule on whether the 2009 government-led restructuring of General Motors Co improperly favored hedge funds, and an adverse ruling could cost the ... (Thu, 03 Jan 2013 15:25:35 -0800)

Area bankruptcy filings down
Bankruptcy filings in northwest Ohio were 17 percent lower in 2012 than the year before. (Thu, 03 Jan 2013 21:30:47 -0800)

Bankruptcy auctions yield $400K for dozens of Kircher properties
Repairs are under way and nearing completion at a former Kircher property at 414 Perrin St. in Ypsilanti. Tom Perkins | For AnnArbor.com Last winter, a pipe bust in the third-floor bathroom of a home at 414 Perrin St.... (Fri, 04 Jan 2013 03:28:31 -0800)

Exactly How To File For Personal Bankruptcy With L. A. Bankruptcy Legal Professionals
LawFuel.com - Bankruptcy Attorney Newswire Service - Bankruptcy is often a dreadful situation where a man or woman or perhaps enterprise detects alone while it’s not able to pay off the invoices that owe to its lenders. (Fri, 04 Jan 2013 03:48:44 -0800)

Bankruptcy court sets hearing on PBGC, Hawker Beechcraft agreement
A U.S. bankruptcy court in New York will hold a hearing Jan. 17 on an agreement struck between the Pension Benefit Guaranty Corp. and financially troubled aircraft manufacturer Hawker Beechcraft Inc. in which the agency will take over two plans for salaried employees.One plan has $358.3 million in (Fri, 04 Jan 2013 07:54:37 -0800)

Steffy: ATP claim over bankruptcy doesn't hold water
Steffy: ATP claim over bankruptcy doesn't hold water Houston Chronicle Copyright 2012 Houston Chronicle. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. Published 9:29 p.m., Tuesday, August 21, 2012 To hear ATP Oil and Gas tell it, the Obama administration is to blame for its bankruptcy. In making its long- rumored Chapter 11 filing last week ... (Fri, 04 Jan 2013 11:52:54 -0800)

Bankruptcy judge gives Charles Street AME more time to submit amended reorganization plan
The judge in the Charles Street African Methodist Episcopal Church bankruptcy case on Friday gave the congregation until the end of February to file an amended plan of reorganization, despite a withering argument by the bank’s lawyers that the church’s current plan is unrealistic and based on inaccurate projections. It was the latest skirmish in what’s turned into a long court battle between the ... (Fri, 04 Jan 2013 13:48:55 -0800)

THQ Denied Approval of Bankruptcy Sale Process and Loan
THQ Inc. (THQIQ) , maker of the “Saints Row” and “Company of Heroes” video-game franchises, lost its bid for a quick bankruptcy sale and also failed to obtain approval of a loan to help fund operations. (Fri, 04 Jan 2013 18:30:53 -0800)

Florida Brain-Injury Facility Files for Bankruptcy
A U.S. brain-injury treatment center has filed for bankruptcy following reports of abuse and neglect of patients by their caregivers. (Fri, 04 Jan 2013 22:45:52 -0800)

Bankruptcy Judge’s Power Limited in Madoff Transfer Suits
The bankruptcy judge overseeing Bernard Madoff’s liquidation can hear lawsuits the trustee brought against customers over fraudulent transfers and submit proposed rulings to a higher court, a federal judge ruled. (Sat, 05 Jan 2013 01:00:54 -0800)

Bankruptcy: how does it work and what are my options?
Kerry Katona may have found it a relief to be made bankrupt but for most people it’s serious step that they’d rather avoid. Here we explain how bankruptcy works, what the consequences are and how you can ... (Mon, 07 Jan 2013 03:21:33 -0800)

Frontline Technologies Inc. Makes an Assignment Into Bankruptcy
Frontline Technologies Inc. , a provider of technology-based equity and options trading services, announces that, after consideration of all viable alternatives and management's determination that there ... (Mon, 07 Jan 2013 08:55:01 -0800)

Mandee Owner Big M Files for Bankruptcy on Sandy Closing
Big M Inc., owner of women’s-clothing chains Annie sez and Mandee, filed for bankruptcy protection after superstorm Sandy forced company stores in New Jersey and New York to close. (Mon, 07 Jan 2013 11:36:10 -0800)

THQ Approved for Extended Sale Process, Bankruptcy Loan
THQ Inc. (THQIQ) , the maker of “Saints Row” and “Company of Heroes” video-game franchises, won court approval of a revised, longer bankruptcy sale process and loan to help fund operations after reaching an agreement with creditors. (Mon, 07 Jan 2013 14:20:18 -0800)

Owner of Mandee, Annie Sez stores files for bankruptcy
(Reuters) - The owner of the 129 Mandee, Annie Sez and Afaze women's clothing stores filed for bankruptcy after Superstorm Sandy cut into the New Jersey-based company's sales and derailed its turnaround. The company, Big M Inc, which caters to young women with its Mandee stores, was forced to close many locations for a week after Sandy cut through the New York City metropolitan area on October ... (Mon, 07 Jan 2013 14:31:55 -0800)

Bankruptcy watchdog aims to oust law firm, adviser from GSC case
The Justice Department wants a bankruptcy court to strip law firm Kaye Scholer LLP and financial adviser Capstone of more than $10 million they earned through the bankruptcy of investment management firm ... (Mon, 07 Jan 2013 17:02:58 -0800)

Retailer seeks bankruptcy protection, cites storm
The owner of the Mandee, Annie Sez and Afaze clothing stores cited effects from Superstorm Sandy as it sought Chapter 11 bankruptcy protection Monday.Big M Inc., of Totowa, N.J., filed the petition in ... (Mon, 07 Jan 2013 17:35:31 -0800)

Suppliers surprised by Grant bankruptcy
The demise of Grant Family Farms in Wellington, Colorado's largest community-supported agriculture program and which filed for bankruptcy liquidation last month, is not an early alarm to the increasingly popular sector, participants and observers said Monday. (Mon, 07 Jan 2013 23:18:03 -0800)

File bankruptcy to get off mortgage with ex?
Dear Bankruptcy Adviser,My ex-husband and I divorced in 2005 and he kept the house. The problem is that we agreed to everything but didn't specify that he must get my name off the house in the divorce ... (Tue, 08 Jan 2013 00:00:39 -0800)

New bankruptcy cases plunge 19% from year ago in South Florida
The number of South Floridians filing for bankruptcy plummeted 19 percent in December from a year ago, according to federal data released Monday. (Tue, 08 Jan 2013 08:17:27 -0800)

New Products Corporation Seeks to Protect Creditors of Modern Plastics Bankruptcy and Its Own Manufacturing Operations
When New Products Corporation recently learned about the proposed bankruptcy sale of Modern Plastics Corp.'s real estate on North Shore Drive in Benton Harbor, including all the lands and buildings, for ... (Tue, 08 Jan 2013 11:05:00 -0800)

Golden Guernsey files for bankruptcy protection
Golden Guernsey, the 83-year-old dairy processor that closed abruptly in southeastern Wisconsin and left area schools scrambling for milk, has filed for bankruptcy.The Los Angeles private equity firm that ... (Wed, 09 Jan 2013 06:26:08 -0800)

Virgin France in bankruptcy move
Virgin France files for bankruptcy, the latest music chain to fail against a backdrop of consumers shifting to buying music online. (Wed, 09 Jan 2013 09:38:57 -0800)

Oswal fights bankruptcy action
Pankaj Oswal is mounting a rearguard action against bankruptcy as the Australian Taxation Office opens a new front in a battle to get more than $6 million from the fallen fertiliser mogul. (Wed, 09 Jan 2013 14:19:38 -0800)

San Diego Bankruptcy Lawyers at Golden State Law Group Offering Free Initial Consultation
The San Diego bankruptcy lawyers at the Golden State Law Group have been representing clients who are both consumers and business owners for many years. In the wake of the release of the statistics regarding ... (Thu, 10 Jan 2013 12:46:59 -0800)

CORRECTED-U.S. objects to MSR Resort bankruptcy plan
(Corrects to remove reference to Paulson in first paragraph,headline.) Jan 10 (Reuters) - The United States government has objectedto a bankruptcy reorganization plan that calls for the sale ofMS R Resort ... (Thu, 10 Jan 2013 16:32:25 -0800)

Bankruptcy in Britain still an option for Irish
Despite failed cases by Brian and Mary Patricia O'Donnell and Séan Quinn, the UK route is back on the agenda for many Irish people (Fri, 11 Jan 2013 00:41:22 -0800)

Charges Laid in Investigation of Bankruptcy
TORONTO , Jan. 11, 2013 /CNW/ - The Integrated Bankruptcy Enforcement Unit comprised of the Royal Canadian Mounted Police (RCMP) - Greater Toronto Area (GTA) Commercial Crime Section and the Ontario Region ... (Fri, 11 Jan 2013 05:00:00 -0800)

Seattle bankruptcy hearing to decide Tully's sale
The auction for beleaguered coffee company Tully's will likely conclude Friday in federal bankruptcy court, with an ownership group led by actor Patrick Dempsey in position to take over the chain. But ... (Fri, 11 Jan 2013 07:58:42 -0800)

Kodak patent sale plan gets bankruptcy court approval
NEW YORK (Reuters) - Eastman Kodak Co's proposed $525 million sale of its digital imaging patents to Intellectual Ventures and RPX Corp got a bankruptcy judge's approval on Friday, bringing the photography innovator a step closer to exiting Chapter 11. The price is a fraction of the more than $2 billion which Kodak had hoped to fetch for the patents when it filed for bankruptcy in January 2012 ... (Fri, 11 Jan 2013 10:32:55 -0800)

Handy Hardware Wholesale Files for Bankruptcy Protection
Handy Hardware Wholesale Inc., a dealer-owned wholesale group with more than 1,000 members in 14 states, filed for bankruptcy protection from its creditors. (Fri, 11 Jan 2013 13:15:53 -0800)

American Airlines Asks for More Time to File Bankruptcy Plan
American wants to extend from March 11 to April 1 its exclusive right to submit a proposal to pay creditors and emerge from court protection, it said today in a filing in U.S. (Fri, 11 Jan 2013 14:33:06 -0800)

Bankruptcy judge approves sale of coffee shop chain to Patrick Dempsey's group
A bankruptcy judge has approved the sale of beleaguered coffee company Tully's to a group led by Patrick Dempsey. (Fri, 11 Jan 2013 17:52:53 -0800)

The Bankruptcy Files: Sidley Tops $100 Million Mark in Tribune Case
Sidley Austin's work advising the Tribune Co. through four years of Chapter 11 proceedings has generated almost $105 million in fees and expenses as the law firm has guided the Chicago-based media giant through multiple bankruptcy battles in Delaware, according to court filings examined by The Am Law Daily. Total fees for all firms involved in the bankruptcy are expected to exceed $500 million. (Fri, 11 Jan 2013 23:28:06 -0800)

Gary Dourdan Blames CSI for His Bankruptcy
Why did Gary Dourdan file for bankruptcy? It's CSI's fault ? at least that's what legal documents in his Chapter 11 case insinuate, TMZ.com reports. Dourdan initially filed... (Sat, 12 Jan 2013 17:43:52 -0800)

AZ bankruptcy filings decline more than 22%
Bankruptcy filings in Arizona declined for the second-straight year in 2012, falling more than 22 percent from 2011, according to the latest figures from the U.S. Bankruptcy Court. (Sat, 12 Jan 2013 23:00:00 -0800)

Crime Rises in San Bernardino After Bankruptcy
Officials in San Bernardino, Calif., were making headway against violent crime until the economic floor fell out. (Sun, 13 Jan 2013 17:05:57 -0800)

Bankruptcy filings drop in 2012
Regional and nationwide bankruptcy filings decreased in 2012 for the second consecutive year. New cases in the 33-county Middle District of Pennsylvania dropped by 14 percent from 2011, federal court data show. Filings in the court's Wilkes-Barre office (Sun, 13 Jan 2013 21:00:00 -0800)

Bankruptcy cases to flood new insolvency service
A pent-up demand for bankruptcies in Ireland is expected to clog up the personal insolvency service when it is finally launched at the end of March. (Sun, 13 Jan 2013 21:14:10 -0800)

Kramer Levin's Corporate Restructuring and Bankruptcy Practice Selected as One of Law360's Top Bankruptcy Practice ...
NEW YORK, Jan. 14, 2013 /PRNewswire/ -- Kramer Levin Naftalis & Frankel LLP is pleased to announce that the firm's Corporate Restructuring and Bankruptcy practice was named one of Law360's "Top Practice ... (Mon, 14 Jan 2013 08:32:00 -0800)

Handy Hardware Files for Chapter 11 Bankruptcy
Handy Hardware Wholesale Inc., a Houston-based company formed by independent retailers, filed for Chapter 11 bankruptcy after expansion into a second distribution center during recession times hurt its bottom line. (Mon, 14 Jan 2013 11:16:51 -0800)

Will bankruptcy save my home from foreclosure?
Dear Bankruptcy Adviser,I am divorced. I lost the added income from my ex-husband. I was working, but now the only income I have is a small disability check. My home is in foreclosure, and I have had to ... (Tue, 15 Jan 2013 00:01:54 -0800)

Dorsey Adds Five Lawyers from Prominent Bankruptcy Firm Murray & Murray
International law firm Dorsey & Whitney LLP announced today that five attorneys have joined its Palo Alto office from the well-known bankruptcy law firm, Murray & Murray. (Tue, 15 Jan 2013 06:03:00 -0800)

DealBook: British Retailer HMV Enters Equivalent of Bankruptcy
HMV announced on Tuesday that it had entered administration, a form of bankruptcy, as it became the latest British company to suffer from the country's flagging economy. (Tue, 15 Jan 2013 06:20:24 -0800)

Utah bankruptcy filings down sharply in 2012
Utah bankruptcy filings down sharply in 2012 by Steven Oberbeck The Salt Lake Tribune Published Jan 15, 2013 08:04AM MDT Utah in 2012 saw its first significant annual decline in bankruptcy filings in more than six years. U.S. Bankruptcy Court for Utah Clerk David Sime has reported that Utahns filed 16,263 bankruptcies last year, a 12 percent decline from 2011. It was the first significant annual ... (Tue, 15 Jan 2013 06:56:26 -0800)

Fast Track Your Life After Bankruptcy; Get a New Identity Package From SuperiorFakeDegrees.com
Starting life over after personal bankruptcy or a financial crisis can be extremely difficult, with debt collectors and financial institutions relentless in their pursuit of re-possessing capital. (Wed, 16 Jan 2013 00:59:19 -0800)

InCharge Showcases Bankruptcy Courses at ABI Event in Las Vegas
Nonprofit organization will exhibit at ABI Western Consumer Bankruptcy Conference, January 21, 2013ORLANDO, Fla., Jan. 16, 2013 /PRNewswire-USNewswire/ -- InCharge® Debt Solutions ("InCharge"), a nonprofit credit counseling agency, will be on hand to showcase its bankruptcy courses at the American Bankruptcy Institute's (ABI) Western Consumer Bankruptcy Conference on January 21, 2013 in Las ... (Wed, 16 Jan 2013 06:46:00 -0800)

Pinnacle Airlines Comprehensive Agreements Approved by Bankruptcy Court
MEMPHIS, Tenn., Jan. 16, 2013 /PRNewswire/ -- Pinnacle Airlines Corp. (OTC: PNCLQ) announced today that the comprehensive agreements it reached with Delta, the Air Line Pilots Association, International ... (Wed, 16 Jan 2013 09:50:00 -0800)

Blockbuster UK Goes Into Bankruptcy
The company is the third major casualty in the British retail sector since Christmas, following Jessops and HMV. (Wed, 16 Jan 2013 10:30:53 -0800)

Bankruptcy and Debt Agreements should be a last resort
Bankruptcy and Debt Agreements should be a last resort for debt struggles. (Wed, 16 Jan 2013 14:06:48 -0800)

Bankruptcy Law and What You Need To Do When Hiring A Bankruptcy Attorney
LawFuel.com - Bankruptcy is a serious predicament where a individual or an enterprise detects themselves whenever it’s can not pay back the debts this owes to its lenders. This is a authorized term or a reputation charged by way of a court docket when initiated with a debtor. (Thu, 17 Jan 2013 00:04:44 -0800)

San Diego Bankruptcy Attorney Hires Avant-Garde Director De Veau Dunn to Write and Produce New Bankruptcy Video for ...
San Diego Bankruptcy Attorney Craig Trenton hires consumer advocate video director De Veau Dunn to produce a 1-minute promotional commercial for his CaliforniaChapter13 website.San Diego, CA (PRWEB) January 17, 2013 Breaking from convention San Diego Bankruptcy Lawyer Craig Trenton, who has been in practice for more than 25 years wanted a modern YouTube video for his law practice. As this would ... (Thu, 17 Jan 2013 00:08:31 -0800)

Watchdog report: Kodak's bankruptcy tab $125M and counting
Eastman Kodak's bankruptcy, filed one year ago this week, has cost the Rochester-based company nearly $125 million, according to a Democrat and Chronicle analysis. Timeline: Kodak's year in bankruptcy (Thu, 17 Jan 2013 03:52:01 -0800)

Kodak's bankruptcy bills piling up
ROCHESTER, N.Y., Jan. 17 (UPI) -- Storied New York firm Eastman Kodak has spent $125 million on attorneys and accountants after one year in bankruptcy, court papers indicate. (Thu, 17 Jan 2013 11:30:47 -0800)

Charges Laid in Bankruptcy Fraud Investigation
TORONTO , Jan. 18, 2013 /CNW/ - The Integrated Bankruptcy Enforcement Unit comprised of the Royal Canadian Mounted Police (RCMP) - Greater Toronto Area (GTA) Commercial Crime Section and the Ontario Region ... (Fri, 18 Jan 2013 05:10:00 -0800)

Surviving the Emotional Toll of Bankruptcy
Maybe money can't provide happiness, but it can certainly inspire negative emotions, including sadness, grief, and shame. Those are just a few feelings people may experience when they claim bankruptcy. (Fri, 18 Jan 2013 07:11:16 -0800)

Choosing a New York Bankruptcy Attorney and What You Need to Know
LawFuel.com - NY Bankruptcy Attorney news - What do you do when you need to choose a bankruptcy attorney in New York? It is a time of great stress and the alternatives seem vast. (Fri, 18 Jan 2013 13:33:28 -0800)

Bankruptcy filings decrease
Regional and nationwide bankruptcy filings decreased in 2012 for the second consecutive year. New cases in the 33-county Middle District of Pennsylvania dropped by 14 percent from 2011, federal court data show. Filings in the court's Wilkes-Barre office, (Fri, 18 Jan 2013 21:00:00 -0800)

Kodak's Bankruptcy at the One Year Mark
When Kodak filed for bankruptcy a year ago, its survival was hanging in the balance. (Sat, 19 Jan 2013 14:47:48 -0800)

Orange County Bankruptcy Attorney Launches Ad Campaign Focused on Chapter 13 Bankruptcy For Orange County Residents
An advertisement campaign was launched by the Orange County Bankruptcy Attorneys Zhou & Chini for Orange County residents. The campaign pertains to the filing of bankruptcy proceeding under Chapter 13.(PRWEB) January 19, 2013 The Orange County Bankruptcy offices of Zhou & Chini have released a new campaign focusing on filing for Chapter 13 bankruptcy in Orange County. Under the Chapter 13 ... (Sun, 20 Jan 2013 07:14:20 -0800)

Bankruptcy Attorneys Zhou and Chini Offers No Cost Consultations For Orange County Businesses Seeking Chapter 11 ...
The law office of Zhou and Chini has announced that the office will conduct free consultations regarding Chapter 11 bankruptcy protection. The law office decided to offer this service to help struggling Orange County Business that are looking for alternative options.Orange County, CA (PRWEB) January 20, 2013 Filling for Chapter 11 bankruptcy in Orange County permits the reorganization of the ... (Sun, 20 Jan 2013 07:14:21 -0800)

Bay State Personal Bankruptcy Filings Drop 18 Percent In 2012
Personal bankruptcy filings in Massachusetts decreased more than 18 percent in 2012 from a year earlier, according to a new report from The Warren Group, publisher of Banker & Tradesman. (Mon, 21 Jan 2013 00:05:46 -0800)

O'Donnells' bankruptcy case adjourned
Bankruptcy proceedings against property investors Brian and Mary Patricia O'Donnell have been adjourned. (Mon, 21 Jan 2013 05:25:28 -0800)

Atari U.S. operations file for chapter 11 bankruptcy
Atari U.S. operations file for chapter 11 bankruptcy Bloomberg Copyright 2013 Bloomberg. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. Updated 8:21 am, Monday, January 21, 2013 Atari SA's U.S.-based video-game- making businesses have filed for bankruptcy protection in Manhattan with the intention of separating from the unprofitable French ... (Mon, 21 Jan 2013 06:42:22 -0800)

Atari files for bankruptcy, but it’s not 'game over'
Video games pioneer Atari has filed for bankruptcy in the US, in a bid to protect itself from its French parent company’s debt problems. The firm that gave the world Pong more than 40 years ago wants its US business, along with three other companies, Atari Interactive, Humongous, and California U.S. Holdings, to be separate from the French parent company known as Atari S.A., which is having ... (Mon, 21 Jan 2013 06:55:54 -0800)

Atari U.S. operation files for bankruptcy
The U.S. operations of iconic but long-troubled video game maker Atari have filed for bankruptcy in an effort to break free from their debt-laden French parent. (Mon, 21 Jan 2013 08:00:01 -0800)

Game Over? Atari Files For Bankruptcy
Atari has filed for bankruptcy in the US and is planning to sell off its logo and videogame titles. (Mon, 21 Jan 2013 09:40:20 -0800)

Forced Bankruptcy A Possibility For Mallya's Kingfisher Airlines
Indian billionaire Vijay Mallya has failed to convince employees of the grounded Kingfisher Airlines to hold out and strike a deal to revive the company. And now, it appears certain that Kingfisher either needs a white knight fast or faces liquidation. (Mon, 21 Jan 2013 10:02:50 -0800)

Bankruptcy filings drop in Massachusetts in 2012
Personal bankruptcy filings in Massachusetts dropped more than 18 percent last year, according to statistics released today by The Warren Group. (Mon, 21 Jan 2013 10:26:21 -0800)

Atari files for bankruptcy
Atari has filed for bankruptcy in the US and is planning to sell off its logo and videogame titles. (Mon, 21 Jan 2013 15:07:47 -0800)

Atari Files for Bankruptcy Protection
Video game company Atari said it filed for bankruptcy protection in Paris and New York after it failed to find a successor to main shareholder and sole lender BlueBay as it wrestles with tough market conditions. (Mon, 21 Jan 2013 18:00:38 -0800)

Atari U.S. files bankruptcy to breakaway from French parent
NEW YORK — Video game maker Atari's U.S. operations have filed for Chapter 11 bankruptcy protection in an effort to separate from their French parent company, which is filing a (Mon, 21 Jan 2013 23:18:25 -0800)

Why does ex want me to sign a deed-in-lieu?
Dear Bankruptcy Adviser,My wife and I divorced in 2011. Afterward I had to file bankruptcy. Included in the bankruptcy was my mortgage loan. My ex stayed in the house for a few months until she found a ... (Tue, 22 Jan 2013 00:23:12 -0800)

Atari files for bankruptcy to split from parent company
Atari has filed for bankruptcy in an attempt to separate its American assets from its French parent company. In a statement Monday, the game-maker said it had filed for Chapter 11 bankruptcy protection in the United States, but will continue operations as normal. Read full article >> (Tue, 22 Jan 2013 09:38:00 -0800)

Game over? Atari US files for bankruptcy
Video game maker Atari's U.S. operations have filed for Chapter 11 bankruptcy protection in an effort to separate from their French parent company, which is filing a similar motion separately in France. (Tue, 22 Jan 2013 09:49:21 -0800)

Atari's Bankruptcy: Gen X Bids Pong Farewell
Reading the news that Atari’s ( ATA ) U.S. subsidiary is filing for bankruptcy was a little like hearing that Bob Hope died—in that you were surprised to discover he had been alive all that time. (Tue, 22 Jan 2013 09:53:07 -0800)

Bankruptcy protection filings drop in county in 2012 [Chart]
Ventura County bankruptcy filings plunged 21 percent in 2012, according to figures supplied by the U.S. Bankruptcy Court in Los Angeles. (Tue, 22 Jan 2013 17:12:00 -0800)

Bankruptcy trustee drills into casino developer's bank box
Acting on a tip about hidden assets, a U.S. bankruptcy trustee in Billings drilled through the lock on a safe deposit box at Stockman Bank and found $77,250, including $36,000 in cash. (Wed, 23 Jan 2013 06:30:00 -0800)

Atari bankruptcy: Remembering the 2600, 7 bestselling games
Jan. 22, 2013 | 6:36 p.m. Word that the U.S. operations of iconic video game maker Atari had filed for bankruptcy protection was greeted with a certain amount of sadness, mostly on the part of Gen X-ers who spent hours and hours of their childhood manipulating crudely rendered blobs of light on their parents’ Trinitron television sets. (Wed, 23 Jan 2013 10:31:08 -0800)

Bankruptcy Court Approves Kodak Financing
Company heads toward exiting bankruptcy protection in mid-2013. (Wed, 23 Jan 2013 11:27:19 -0800)

Court approves $844M Kodak bankruptcy financing
Eastman Kodak Co. said Wednesday that it has received court approval to borrow up to $844 million to finance the rest of its restructuring. The company wants to emerge from bankruptcy protection in the ... (Wed, 23 Jan 2013 12:40:43 -0800)

THQ bankruptcy auction closes; video game rivals pick up assets
The Agoura Hills company sells most of its assets for $72 million. Koch Media buys 'Saints Row'; Sega gets 'Company of Heroes.' THQ? RIP. (Wed, 23 Jan 2013 19:52:29 -0800)

Toby McKenzie bankruptcy case may be near end
The years-long bankruptcy cases of former millionaire payday loan king Toby McKenzie could end with a "global settlement" on March 6. (Wed, 23 Jan 2013 21:10:09 -0800)

San Diego Bankruptcy Lawyers at Golden State Law Group Respond to Troubling Credit Card Study
The San Diego bankruptcy lawyers at the Golden State Law Group dedicate their professional practice to helping both consumers and businesses work their way through extreme financial difficulties. The options ... (Thu, 24 Jan 2013 10:08:16 -0800)

McDreamy On Bankruptcy Auctions and Coffee-Selling Bike-Repair Trucks
Over at Bankruptcy Beat, Deal Journal colleague Katy Stech got what all of us secretly wish we had: An interview with Patrick Dempsey about his $9.2 million purchase of a coffee chain in a bankruptcy auction. (Thu, 24 Jan 2013 13:13:09 -0800)

Bankruptcy court clears AMR aircraft purchases
A US bankruptcy court gave its green light to AMR Corporation, parent company of bankrupt airline American Airlines, to purchase new airplanes from Airbus and Boeing. (Thu, 24 Jan 2013 13:40:14 -0800)

Bankruptcy judge delays ruling on Hawker Beechcraft pensions until Jan. 31
In a hearing Thursday, a U.S. bankruptcy judge postponed ruling on Hawker Beechcraft’s three pension programs until Jan. 31. (Thu, 24 Jan 2013 14:13:54 -0800)

Bankruptcy expert sees defense, media as vulnerable in 2013
NEW YORK (Reuters) - Mid-market defense contractors as well as media and coal companies could be at risk of tumbling into bankruptcy in 2013, credit market guru and New York University professor Edward Altman said on Thursday. With the U.S. government mulling significant cuts to the defense budget, smaller companies that contract with the government for defense projects could suffer, Altman told ... (Thu, 24 Jan 2013 15:00:58 -0800)

A Bankruptcy for GM in Europe?
With German unions girding for battle, GM's list of options for fixing its European subsidiary is growing short. (Thu, 24 Jan 2013 16:12:11 -0800)

Budget officials flee San Bernardino amid bankruptcy chaos
LOS ANGELES (Reuters) - Top budget officials in crisis-hit San Bernardino, California, are quitting the city at a crucial juncture in its quest to seek bankruptcy protection. A rush to the doors in San Bernardino city hall threatens the city's ability to qualify for Chapter 9 bankruptcy protection by robbing it of the people with the experience to answer questions from the court and creditors ... (Thu, 24 Jan 2013 16:47:09 -0800)

Judge Slashes Fees in Dewey Bankruptcy
Advisers working on the Dewey & LeBoeuf bankruptcy endured a round of criticism Thursday from the judge overseeing the defunct firm's Chapter 11 case. Expressing qualms over certain fees and expenses billed to the cash-strapped estate, the judge axed taxi rides around New York, pricey hotel stays and vague time entries as part of his approval of preliminary fee requests from a dozen law firms ... (Thu, 24 Jan 2013 22:10:20 -0800)

Bankruptcy Attorneys in Corona Come Up With a Detailed Marketing Plan With Launch of informational New YouTube Channel
Bankruptcy attorneys in Corona have begun the launch of a new YouTube channel to help them in their endeavors of spreading information about the different bankruptcy options available. With a new channel if full force, they can cater to a much larger audience because of social media has the power to capture a wider audience.Corona, CA (PRWEB) January 25, 2013 Zhou and Chini Bankruptcy attorneys ... (Fri, 25 Jan 2013 05:50:39 -0800)

Hawker Beechcraft closer to bankruptcy emergence
Kansas plane maker Hawker Beechcraft said Friday that its key creditors overwhelmingly backed a proposed reorganization plan in a vote that moves the company closer to emerging from bankruptcy protection ... (Fri, 25 Jan 2013 11:15:27 -0800)

Hawker Beechcraft closer to bankruptcy emergence
Kansas plane maker Hawker Beechcraft said Friday that its key creditors overwhelmingly backed a proposed reorganization plan in a vote that moves the company closer to emerging from bankruptcy protection ... (Fri, 25 Jan 2013 13:50:09 -0800)

Plain English Guide To Bankruptcy Tackles Problems In Accessing Advice.
It's one of the toughest times of the year when it comes to personal finances, as charities creak under the pressure the Bankruptcy Advice Service launches the Definitive Plain English Guide to Bankruptcy 2013, a practical, self-help guide for anyone.London, England. (PRWEB UK) 25 January 2013 The end of January is always one of the toughest times of the year when it comes to personal finances ... (Sat, 26 Jan 2013 09:36:26 -0800)

Santa Ana Bankruptcy Attorneys Have An All New YouTube Channel For Its Clients
Santa Ana bankruptcy attorneys Zhou & Chini are one of the most successful bankruptcy firms in Orange County California. Recently, the bankruptcy attorneys in Santa Ana have come up with the decision to have a new YouTube to display important information regarding bankruptcy.Santa Ana, CA (PRWEB) January 26, 2013 Having a new city specific channel will help the Santa Ana bankruptcy attorney’s ... (Sat, 26 Jan 2013 10:12:30 -0800)

Casey Anthony files for bankruptcy in Fla.
TAMPA, Fla. (AP) — Casey Anthony filed for bankruptcy in Florida on Friday, claiming about $1,100 in assets and $792,000 in liabilities. (Sat, 26 Jan 2013 19:27:52 -0800)

Casey Anthony files for bankruptcy in Florida
TAMPA, Fla. (AP) — Casey Anthony filed for bankruptcy in Florida on Friday, claiming about $1,100 in assets and $792,000 in liabilities. (Sat, 26 Jan 2013 22:03:55 -0800)

Casey Anthony declares bankruptcy; talks exclusively to CBS 5
Casey Anthony, the young Florida mother acquitted of murdering her 2-year-old daughter, filed for bankruptcy protection late Friday night in Florida. (Sun, 27 Jan 2013 06:32:20 -0800)

Casey Anthony files for bankruptcy, owes thousands in attorney fees
Casey Anthony, the woman found innocent of killing her 2-year-old daughter in 2011, has filed for bankruptcy in Florida. Anthony owes hundreds of thousands in attorney fees and court costs. (Sun, 27 Jan 2013 07:05:08 -0800)

Casey Anthony files for bankruptcy
ORLANDO, Fla., Jan. 27 (UPI) -- Casey Anthony said filing for bankruptcy in Orlando, Fla., "is the next step towards closure" in the high-profile death of her 2-year-old daughter, Caylee. (Sun, 27 Jan 2013 08:26:54 -0800)

Former Nortel workers ask bankruptcy czars to investigate fees paid by estate
Representatives for disabled ex-Nortel Networks employees have filed a complaint with Canadian and American bankruptcy watchdogs over professional fees paid by the former technology giant's estate. (Sun, 27 Jan 2013 09:52:21 -0800)

Casey Anthony files for bankruptcy, nearly $800,000 in debt
Casey Anthony is broke. (Sun, 27 Jan 2013 15:42:12 -0800)

D.C. area bankruptcy filings for Jan. 28
These firms recently filed with the U.S. Bankruptcy Court’s local court clerk’s offices. Under Chapter 11 of the federal bankruptcy code, a company is protected from claims by creditors while it attempts to reorganize its finances under a plan approved by the court. Read full article >> (Sun, 27 Jan 2013 18:59:00 -0800)

Powerwave Technologies Files for Bankruptcy in Delaware
Powerwave Technologies Inc., a maker of antennas and amplifiers for wireless communications, filed for bankruptcy protection after losing money in four of the past five years. (Mon, 28 Jan 2013 07:15:53 -0800)

Casey Anthony explains bankruptcy in exclusive CBS 5 interview
Casey Anthony, the young Florida mother acquitted of murdering her 2-year-old daughter, filed for bankruptcy protection late Friday night. (Mon, 28 Jan 2013 08:01:34 -0800)

Bankruptcy Halts Reverse Mortgage Payments
When you rely on the proceeds of a reverse mortgage, do research before filing bankruptcy. (Mon, 28 Jan 2013 12:20:28 -0800)

Bankruptcy Attorneys in Long Beach California Decides to Have Its Own YouTube Channel
Bankruptcy attorneys in Long Beach CA Zhou & Chini are a popular option as they have been helping many residents in getting their bankruptcy petitions filled. When people are filing for bankruptcy, they have to be aware of various clauses because it is a major decision.Long Beach, CA (PRWEB) January 28, 2013 The Long Beach bankruptcy attorneys are one of the leading law firms that excel in the ... (Mon, 28 Jan 2013 14:12:21 -0800)

Detroit edges closer to bankruptcy filing
The story of Detroit's decline is decades old. But unlike the Big Three automakers, the city's chances of getting a federal bailout to save it from bankruptcy are almost nonexistent. (Mon, 28 Jan 2013 15:45:43 -0800)

What does bankruptcy filing mean for Casey Anthony's future?
The national spotlight has shined harshly on former murder defendant Casey Anthony. (Mon, 28 Jan 2013 15:50:06 -0800)

What does bankruptcy filing mean for Casey Anthony's future? | Video
The national spotlight has shined harshly on former murder defendant Casey Anthony. Last week, Anthony filed for bankruptcy in a move her legal team said it hopes will ratchet down the media attention and help her move on with her life. "She can't take another year of this," Anthony's civil attorney Charles M. Greene said Monday. (Mon, 28 Jan 2013 16:22:43 -0800)

Marciano - Bankruptcy Debtor Gets Bench Warrant For Contempt After Impossibility Defense Flops
In this latest installment of our rags-to-riches-to-rags series, our Debtor, Georges Marciano, as the co-founder of Guess, at one point had a net worth of $170 million, and his Trust in 2008 had a "book value" of $360 million. (Mon, 28 Jan 2013 21:28:55 -0800)

HOA dues still due after bankruptcy filing?
Dear Bankruptcy Adviser,I filed bankruptcy in 2009. I have a condo with monthly homeowners association, or HOA, dues. The lender has still not foreclosed on the condo. I have not set foot on the property ... (Tue, 29 Jan 2013 00:00:28 -0800)

5 Ways to Step Back From Bankruptcy
NEW YORK (TheStreet) -- There is good news for consumers and the economy on the personal bankruptcy front. According to the American Bankruptcy Institute, bankruptcies were down 14% last year, to 1.185 million from 1.379 million in 2011. That's the lowest in five years, the ABI reports. It's also a trend that should continue. ... (Tue, 29 Jan 2013 10:08:32 -0800)

Detroit bankruptcy: City 'teetering on the edge' of financial crisis
Detroit bankruptcy: Detroit is edging closer to a financial precipice, but unlike its automakers, its chances of getting a federal bailout are almost nonexistent. (Tue, 29 Jan 2013 10:44:49 -0800)

Fitch: U.S. ABL Facilities Demonstrate Full Recovery in Bankruptcy
U.S. asset-based lending facilities present in a defaulted issuer's capital structure demonstrated complete recoveries in a bankruptcy scenario, according to a new Fitch Rati (Tue, 29 Jan 2013 11:26:00 -0800)

Bankruptcy Attorneys In Huntington Beach CA Announces New YouTube Videos For Its Customers
Huntington Beach bankruptcy attorneys have been thinking of doing something new and innovative so they can help out their clients and at the same time help themselves, and their business as well. After much thinking and analysis, Zhou & Chini have finally come to the decision of launching a new YouTube channel.Huntington Beach, CA (PRWEB) January 30, 2013 The Bankruptcy attorneys in Huntington ... (Wed, 30 Jan 2013 00:32:26 -0800)

Canadian Personal Bankruptcy Filings Continues to Decline Into the Third Quarter of 2012
Personal Bankruptcy Canada (Wed, 30 Jan 2013 04:30:00 -0800)

MF Global’s Bankruptcy Nears a Happy Conclusion
On Thursday, a bankruptcy court will review a proposal that would return 93 percent of MF Global's missing money. The NYT reports. (Wed, 30 Jan 2013 06:01:29 -0800)

Bankruptcy rulings favor Stockton
SACRAMENTO - A federal bankruptcy judge ruled in Stockton's favor Wednesday on two issues, first giving the city the OK to spend $1.9 million to buy four new firetrucks. (Thu, 31 Jan 2013 00:29:10 -0800)

Bankruptcy judge close to granting Beechcraft plan
A bankruptcy judge signaled Thursday that he's close to signing off on a reorganization plan for Kansas aircraft-maker Hawker Beechcraft."Assuming I don't have a problem with it, I'll approve it," ... (Thu, 31 Jan 2013 10:36:35 -0800)

Hawker Beechcraft Bankruptcy Exit Disrupted by Ruling
Hawker Beechcraft Inc.’s effort to exit bankruptcy was disrupted after a judge refused to approve part of its restructuring plan. (Thu, 31 Jan 2013 10:50:27 -0800)

Bankruptcy judge close to granting Beechcraft plan
A New York bankruptcy judge made clear Thursday that he's close to signing off on a reorganization plan for Kansas aircraft-maker Hawker Beechcraft that will preserve thousands of jobs.Judge Stuart Bernstein ... (Thu, 31 Jan 2013 12:03:10 -0800)

US bankruptcy judge signals he's close to signing off on Hawker Beechcraft reorganization plan
NEW YORK, N.Y. - A bankruptcy judge made clear Thursday that he is close to signing off on a reorganization plan for Kansas aircraft-maker Hawker Beechcraft that will preserve thousands of jobs. (Thu, 31 Jan 2013 12:58:23 -0800)

Delaware Senator Coons to Take Over Panel on Bankruptcy
A U.S. Senator from Delaware, home to courts that specialize in business cases, will take over the panel overseeing the bankruptcy system, making it harder for critics to weaken the state’s influence on corporate reorganizations. (Thu, 31 Jan 2013 13:50:42 -0800)

Lehman Bankruptcy Advisers’ Fees Top $2 Billion
Lehman Brothers Holdings Inc., which is still liquidating after exiting court protection last year, paid advisers and managers $153.8 million in December, putting total fees over the $2 billion mark in the more than four years since it filed for bankruptcy. (Thu, 31 Jan 2013 14:30:52 -0800)


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