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 Mar 2013

Kodak lands more flexible financing as it eyes bankruptcy exit
(Reuters) - Eastman Kodak Inc , the bankrupt photography pioneer, has amended its financing deal to gain flexibility as it prepares to exit Chapter 11. The company also said on Friday that along with committees ... (Fri, 01 Mar 2013 08:00:09 -0800)

Bankruptcy Attorneys In Newport Beach Plan To Launch Promotional Video To Gather More Clients
Bankruptcy attorneys in Newport Beach Zhou & Chini have helped many different people in filing for bankruptcy. In order to further promote their services and grow as a bankruptcy firm, the lawyers have decided to launch a promotional video.(PRWEB) March 02, 2013 Zhou & Chini are established bankruptcy attorneys in Newport Beach, and are a very successful name because the type of knowledge and ... (Sat, 02 Mar 2013 00:12:40 -0800)

Sign of better times: Bankruptcy filings plunge in Broward
Bankruptcy filings plummeted 21 percent in Broward County from a year ago while they only declined 6 percent in Palm Beach County and basically stayed the same in Miami-Dade, according to U.S. Bankruptcy Court statistics released Friday. (Sat, 02 Mar 2013 10:25:20 -0800)

Bankruptcy Attorney in Irvine Finalizes Launch Of New Promotional Videos For Marketing And Informational Purposes
Irvine bankruptcy attorneys Zhou & Chini have helped many Irvine residents in filing for bankruptcy protection, as their firm is highly skilled and proficient in such matters. They are looking to further improve their services with help of right set of marketing activities. The firm has come to the decision of having a promotional video, because the video can come in handy for spreading news and ... (Sun, 03 Mar 2013 00:26:19 -0800)

D.C. area bankruptcy filings, March 4
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, 03 Mar 2013 14:44:00 -0800)

NI court overturns bankruptcy ruling
Belfast High Court overturns the Northern Ireland bankruptcy of a Wicklow-based property developer after a disputed claim that he had moved his business interests north of the border. (Mon, 04 Mar 2013 00:14:12 -0800)

Bankruptcy Attorney Costa Mesa Office Launches New Promotional Video with Hope of Better Growth
Bankruptcy attorneys in Costa Mesa California Zhou & Chini are a reputed firm, as they have been helping a lot of people in dealing with the financial woes. In order to engage in active marketing campaigns, they have decided to launch a new promotional video.(PRWEB) March 04, 2013 Costa Mesa bankruptcy attorneys Zhou & Chini have been doing an impressive job, as they are skilled in the field of ... (Mon, 04 Mar 2013 00:16:26 -0800)

Casey Anthony bankruptcy: How much does she owe?
Casey Anthony says she has only $1,000 in assets, and owes creditors almost $800,000. Casey Anthony meets with creditors on Monday. (Mon, 04 Mar 2013 06:24:21 -0800)

Casey Anthony bankruptcy proceedings begin
TAMPA, Fla., March 4 (UPI) -- A federal judge in Florida ruled Casey Anthony's bankruptcy proceedings would take place in Tampa Monday, denying a request that they be moved to Orlando. (Mon, 04 Mar 2013 07:37:28 -0800)

Is the American Bankruptcy the Best Airline Bankruptcy Ever?
American's bankruptcy has produced likely beneficiaries from equity holders to employees; future events will determine whether it can be ranked as more successful than Delta's bankruptcy. Click to view a price quote on AAMRQ.PK . (Mon, 04 Mar 2013 08:42:01 -0800)

Bankruptcy judges influenced by apologies, research finds
(Phys.org) —Research by legal and psychological scholars has shown that apologies can result in better outcomes for wrongdoers in a number of legal settings, especially when the party perceived as the victim receives the apology. But new research conducted by a pair of University of Illinois law professors examines the influence of apologies on a different kind of legal decision – the decision ... (Mon, 04 Mar 2013 08:50:39 -0800)

Bankruptcy judges influenced by apologies
Debtors who apologized were seen as more remorseful and were expected to manage their finances more carefully in the future compared to debtors who did not offer an apology, finds a new study. (Mon, 04 Mar 2013 10:45:07 -0800)

Bankruptcy Judge Says HealthBridge Can Reduce Worker Benefits
Get Business Mobile Text Alerts A New Jersey bankruptcy judge ruled Monday that HealthBridge Management can temporarily reduce the benefits of its 600 union workers at nursing homes in Connecticut while it attempts to negotiate new contracts. (Mon, 04 Mar 2013 18:49:30 -0800)

Blumenstiel named to bankruptcy court
Blumenstiel named to bankruptcy court Blumenstiel, 45, was selected by federal appeals court judges last month to succeed Judge Thomas Carlson, who retired after 28 years on the San Francisco-based court. Bankruptcy judges serve 14-year terms and are paid $160,000 a year. (Tue, 05 Mar 2013 00:30:12 -0800)

Lehman Brothers Still A Factor In Bankruptcy Case Work
NEW YORK, March 5, 2013 /PRNewswire/ -- The Deal has announced the results of their quarterly rankings of the top firms and professionals involved in active bankruptcy cases for the fourth quarter of 2012.  ... (Tue, 05 Mar 2013 05:30:00 -0800)

Bankruptcy rife among ex-footballers: charity
Three out of five English Premier League players declare bankruptcy within five years of retirement, according to a charity for former professionals. (Tue, 05 Mar 2013 07:03:27 -0800)

How to Rebuild Your Credit After Filing for Bankruptcy
Filing for bankruptcy should always be the last resort, but sometimes it is the only choice. Here are tips to follow to help repair your credit score and get your finances back on track. (Tue, 05 Mar 2013 07:20:15 -0800)

Bankruptcy Attorney Aliso Viejo Office Launches Promotional Video To Further The Firm's Local Impact
Bankruptcy attorneys in Aliso Viejo are experts in bankruptcy law, and have managed to help many clients. Zhou & Chini are an established law office, and they have launched a new promotional video so that they can promote their services to a larger audience.Aliso Viejo, CA (PRWEB) March 05, 2013 Aliso Viejo bankruptcy attorneys Zhou & Chini are hailed as one of the most reputed bankruptcy law ... (Tue, 05 Mar 2013 19:22:22 GMT)

Drumm bankruptcy trial postponed
The US bankruptcy trial of former Anglo Irish Bank chief executive David Drumm has been postponed, with no new hearing date fixed, following the surprise liquidation of the State-owned bank last month. (Wed, 06 Mar 2013 04:40:41 GMT)

Debt, Bankruptcy in Retirement Growing Trend
It is a fairly well established fact that Canadians are not putting aside enough money for retirement, and to make matters worse, more Canadians are carrying debt into retirement. One-third of retired ... (Wed, 06 Mar 2013 15:22:00 GMT)

Hualapai corporation seeks bankruptcy protection
The Hualapai tribal corporation that managed the Grand Canyon Skywalk has filed for Chapter 11 bankruptcy protection after a federal judge upheld a $28 million judgment in favor of the Las Vegas developer ... (Wed, 06 Mar 2013 16:13:30 GMT)

Societe Generale exiting Alabama county bankruptcy
(Reuters) - French bank Societe Generale is exiting America's biggest municipal bankruptcy , saying in court filings that it had sold its holdings of defaulted sewer warrants issued by Alabama's Jefferson County. The bank, along with JPMorgan Chase, Bank of New York Mellon and other global financial institutions, was one of the most prominent creditors of Jefferson County when it filed its $4.23 ... (Wed, 06 Mar 2013 18:58:15 GMT)

Bankruptcy if JCP Fires CEO Ron Johnson: McGough
Firing JCPenney CEO Ron Johnson amid poor sales results would be an irresponsible move by its board, Brian McGough of Hedgeye Management says. (Thu, 07 Mar 2013 18:50:46 GMT)

Cordillera Golf Club emerges from bankruptcy , signs up 300 new members
Rising from the depths of bankruptcy and litigation, Cordillera Golf Club has signed up more than 300 new members as it drives toward next month's reopening. (Fri, 08 Mar 2013 00:28:17 GMT)

Do We Need to Change Bankruptcy Rules for Student Loans?
It's time to take a fresh look at student loans -- private and federal -- and seriously question why they cannot be discharged in bankruptcy . (Fri, 08 Mar 2013 05:01:19 GMT)

Bankruptcy Attorney Credentials, It's Not Just About Law School
Bankruptcy attorneys are a dime a dozen and many cities offer fierce competition among practices posing a problem in knowing which firm to select for representation. As one of the area's leading bankruptcy law firms, The Lee Law Firm (http://www.leebankruptcy.com) now has attorneys whose credentials expand beyond the halls of their Alma mater.Dallas, Texas (PRWEB) March 08, 2013 Bankruptcy ... (Fri, 08 Mar 2013 11:02:45 GMT)

Revel Casino Said to Plan Bankruptcy Filing This Month
Revel AC Inc. will file for bankruptcy sometime in the last two weeks of this month, less than a year after its Atlantic City, New Jersey, casino opened, a person familiar with the plan said. (Fri, 08 Mar 2013 16:20:08 GMT)

WEEK AHEAD: Court to Take Up A123 Bankruptcy Payment Plan
A123 Systems Inc. (AONEQ) next week will ask a bankruptcy court to let its creditors begin voting on its plan to pay them from the proceeds of its asset sales. (Fri, 08 Mar 2013 16:30:35 GMT)

Rapid-American Files Bankruptcy Citing Asbestos Liability
Rapid-American Corp. filed for bankruptcy protection in New York to deal with debt related to asbestos personal-injury claims. (Fri, 08 Mar 2013 17:20:48 GMT)

Creditors cry foul in ex-Arkansas coach Smith's bankruptcy case
Creditors are trying to block former Arkansas coach John L. Smith from liquidating $40.7 million in debt, saying he moved several properties and more than $2 million from his holdings prior to filing for Chapter 7 bankruptcy protection. (Fri, 08 Mar 2013 22:36:07 GMT)

Bankruptcy Attorney in Riverside California Is Preparing For Growth With New Promotional Video
Bankruptcy attorneys in Riverside CA Zhou & Chini have been working hard to help out their clients in completing the different formalities related to filing for bankruptcy . The type of work they have done so far is impressive, and they are trying out new video marketing methods such that they can serve their business goals and objectives.Riverside, California (PRWEB) March 11, 2013 Riverside ... (Mon, 11 Mar 2013 07:16:28 GMT)

Bankruptcy filings down in 2012
In 2012, there were 234 bankruptcies filed from within Cochise County, down 27.8 percent from 2011. Last year was the second year of declining bankruptcy filings following increases of 42.9 percent in 2007, 30 percent in 2008, 44.9 percent in 2009, and 4.7 percent in 2010. In 2011, filings were down 8.7 percent. Bankruptcy filings in 2012 were at their lowest level since 2008. The decline in ... (Mon, 11 Mar 2013 07:41:44 GMT)

Breitbart Duped by Krugman Bankruptcy — as Reported by Joke Website It Loves
Breitbart's "Big Journalism" website trumpeted a story it picked up early Monday morning about liberal Times pundit and Nobel-prize-winning economist Paul Krugman filing for bankruptcy . It would have been quite the story — were it not more satire from the site that Breitbart loves watching other outlets fall for. (Mon, 11 Mar 2013 13:54:04 GMT)

Chinese solar giant cuts deal with bondholders and avoids bankruptcy —for now
Chinese solar company Suntech has staved off bankruptcy . At least for another two months. The solar panel manufacturer, which is carrying $2 billion in debt, owes payment on $541 million in convertible ... (Mon, 11 Mar 2013 14:59:46 GMT)

Macquarie Sues ATP in Bankruptcy Court Over Royalty Rights
Macquarie Sues ATP in Bankruptcy Court Over Royalty Rights (Mon, 11 Mar 2013 18:07:54 GMT)

Macquarie Sues ATP in Bankruptcy Court Over Royalty Rights
A subsidiary of Macquarie Group Ltd. (MQBKY, MQG.AU) is suing ATP Oil & Gas Corp. (ATPAQ), saying it owns the rights to royalty payments from three ATP offshore-drilling operations, entitling it to payments and exempting those rights from ATP's bankruptcy estate. (Mon, 11 Mar 2013 18:28:59 GMT)

Kodak posts bigger loss, but sees mid-2013 bankruptcy exit
(Reuters) - Eastman Kodak Co fourth-quarter loss more than tripled, but the camera pioneer said on Monday that it is on track to emerge from bankruptcy in the middle of 2013 as it shifts its business focus toward printing from photography. Kodak's quarterly net loss widened to $402 million from $117 million, as net sales fell 24 percent to $1.12 billion, according to regulatory filings. For all ... (Mon, 11 Mar 2013 21:28:18 GMT)

Chrysler bankruptcy lawyer is Detroit manager pick: source
By Steve Neavling DETROIT (Reuters) - Kevyn Orr, a lawyer who earned $1 million in fees for helping manage the Chrysler bankruptcy in 2009, is Michigan Governor Rick Snyder's top pick to be Detroit's financial emergency manager, a source with direct knowledge of the choice said on Tuesday. Orr, a partner with Washington-based law firm Jones Day, has experience in business restructuring and has ... (Tue, 12 Mar 2013 15:51:45 GMT)

Yankee Stadium Parking Garage Operator Hires Bankruptcy Lawyers
The operator of parking garages at the new Yankee Stadium, which haven’t generated enough revenue to pay $240 million in tax-exempt debt, has hired bankruptcy attorneys, according to a securities filing. Bronx Parking Development Corp. will pay Willkie Farr & Gallagher $18,750 a month to serve as bankruptcy counsel, according to the corporation’s 2013 operating budget filed with the Municipal ... (Tue, 12 Mar 2013 16:35:36 GMT)

Bankruptcy motion seeks Casey Anthony testimony, documents
An attorney for a woman suing Casey Anthony for defamation Tuesday asked a bankruptcy court for permission to question Anthony in detail, under oath, about her current and possible future assets. Anthony was questioned briefly last week at a meeting here of creditors by the same attorney, but he now claims in his latest motion he needs a more detailed examination because Anthony “was unable to ... (Tue, 12 Mar 2013 19:53:45 GMT)

Bankruptcy Lawyer Next Detroit Manager: Source
The attorney who managed Chrysler's 2009 bankruptcy is reportedly the top pick for Detroit's emergency manager. (Tue, 12 Mar 2013 21:00:42 GMT)

Troy-based Entertainment Promotions filing for bankruptcy
The offices of Entertainment Promotions in Troy were closed this morning and hundreds of employees dismissed as the longtime marketer of coupon books and promotions said it was filing for Chapter 7 bankruptcy . (Tue, 12 Mar 2013 22:05:33 GMT)

Chrysler bankruptcy lawyer top pick for Detroit manager
By Steve Neavling DETROIT (Reuters) - A bankruptcy expert who collected more than $1 million in fees in Chrysler's restructuring is the top candidate to take over Detroit as emergency financial manager. Kevyn Orr, a partner in Washington with the law firm Jones Day, is expected to be named to the post by Michigan Governor Rick Snyder this week, a source with direct knowledge of the matter said ... (Tue, 12 Mar 2013 22:51:24 GMT)

Entertainment Promotions in Troy filing for bankruptcy
The offices of Entertainment Promotions in Troy were closed Tuesday morning and hundreds of employees dismissed as the longtime marketer of coupon books and promotions said it was filing for Chapter 7 bankruptcy . (Wed, 13 Mar 2013 07:21:06 GMT)

AMR Bankruptcy Yields Record-Low Bond Coupon: Corporate Finance
American Airlines is selling investment-grade debt even as it spends a 15th month in bankruptcy while bond buyers look ahead to the merger with US Airways Group Inc. (LCC) that will create the world’s largest carrier. (Wed, 13 Mar 2013 18:28:47 GMT)

San Diego Bankruptcy Lawyers at the Golden State Law Group Respond to Fed Bank Study
The San Diego bankruptcy lawyers at the Golden State Law Group, URL http://www.goldenstatelawgroup.c respond to a New York Fed Bank student loan study. The San Diego bankruptcy lawyers at the Golden ... (Wed, 13 Mar 2013 19:25:00 GMT)

AMR wants more time to draw up bankruptcy plan
American Airlines, which has agreed to merge with US Airways, wants more time to file a bankruptcy reorganization plan.On Wednesday American parent AMR Corp. asked a federal bankruptcy judge in New York ... (Wed, 13 Mar 2013 22:54:00 GMT)

American Airlines Rebrands Itself After Bankruptcy ; Long Island Bankruptcy Lawyer Says Companies and Individuals Alike ...
American Airlines emerged from bankruptcy with a new logo and a new brand identity. Corporations frequently use bankruptcy as an opportunity to rebrand, and individuals can do the same, says Long Island bankruptcy attorney Andrew M. Doktofsky.Huntington, NY (PRWEB) March 14, 2013 One of the United States' largest airlines is now emerging from bankruptcy with a new logo and, they say, a new way ... (Thu, 14 Mar 2013 18:00:53 GMT)

Bankruptcy expert named Detroit emergency manager
A bankruptcy expert who represented automaker Chrysler LLC during its successful restructuring has been chosen to steer Detroit out of its financial abyss. The distressed city, which was once one of the ... (Thu, 14 Mar 2013 18:14:09 GMT)

Bankruptcy expert named to manage Detroit's finances
Michigan Governor Rick Snyder on Thursday appointed bankruptcy and restructuring lawyer Kevyn Orr as Detroit's emergency financial manager in a state takeover of the city that could ultimately lead to Detroit filing for the largest municipal bankruptcy ever. (Thu, 14 Mar 2013 18:48:25 GMT)

Detroit Emergency Manager Warns Against Bankruptcy
Emergency manager Orr prefers consensual resolution, not bankruptcy in fixing Detroit (Fri, 15 Mar 2013 14:09:22 GMT)

WEEK AHEAD: Hostess Nears Bankruptcy Sales of Twinkies, Wonder Bread
The fate of Twinkies, Wonder Bread and other beloved Hostess brands will be in a bankruptcy judge's hands Tuesday. (Fri, 15 Mar 2013 15:55:35 GMT)

American Airlines Bankruptcy Helped JPMorgan To $6 Billion Loss
How the bankruptcy of American Airlines may have stoked JPMorgan's trading loss Click to view a price quote on JPM . Click to research the Banking industry. (Fri, 15 Mar 2013 15:56:41 GMT)

U.S. company's bankruptcy leaves behind cache of weapons
By Tom Hals (Reuters) - The Bankruptcy Court in Delaware may soon be overseeing what could be a legally dicey firesale - an apparent arsenal of Glock and Beretta handguns and other weapons. Advanced Interactive Systems Inc of Seattle, which owns shooting ranges and trains security professionals, filed for bankruptcy on Wednesday under Chapter 7, which means it is going out of business. Its ... (Fri, 15 Mar 2013 17:45:44 GMT)

MF Global Holdings Files More Details of Bankruptcy Plan
MF Global Holdings Ltd. (MFGLQ) filed new information about its proposed bankruptcy resolution, including details about the terms of $70 million in exit financing and plans to liquidate the company’s remains through a trust. (Fri, 15 Mar 2013 22:00:53 GMT)

Bankruptcy trustee challenges Horton's severance package at AMR
Trustee's objection is without merit, American Airlines official insists. (Sat, 16 Mar 2013 04:13:19 GMT)

D.C. area bankruptcy filing, March 18
This firm recently filed with a U.S. Bankruptcy Court’s local court clerk’s office. 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, 17 Mar 2013 22:23:00 GMT)

Dex, SuperMedia File for Bankruptcy to Complete Merger
Directory publishers Dex One Corp. (DEXO) and SuperMedia Inc. (SPMD) , which agreed to merge in December, filed for bankruptcy protection in order to complete the deal. (Mon, 18 Mar 2013 10:44:37 GMT)

American bankruptcy trustee questions $20M severance for CEO
The U.S. trustee overseeing American Airlines' bankruptcy has asked the carrier to justify its offer of $19.9 million in severance pay to Chief Executive Tom Horton, part of compensation linked to its merger with US Airways Group . (Mon, 18 Mar 2013 11:14:16 GMT)

Dex, SuperMedia merger relies on bankruptcy filing
Cary yellow pages publisher Dex One and Texas-based SuperMedia have filed “pre-packaged” bankruptcy plans in order to move ahead with their merger. The two companies, which announced their merger plans in August, previously said they would resort to a pre-packaged bankruptcy in order to complete their deal if they were unable to win support of 100 percent of their lenders. (Mon, 18 Mar 2013 14:36:29 GMT)

Trustee questions $20 million payout in American Airlines bankruptcy
The U.S. trustee overseeing the bankruptcy proceedings for American Airlines' parent company is questioning a $19.9-million severance package for the company's top executive. (Mon, 18 Mar 2013 17:41:47 GMT)

Affymax may consider filing for bankruptcy ; cuts workforce by 75 percent
(Reuters) - Drug maker Affymax Inc said it may consider selling itself or filing for bankruptcy among a range of strategic alternatives as it struggles with the recent recall of its sole commercial product, the anemia drug Omontys. Shares of the company slumped over 50 percent to $1.34 in extended trade on Monday after being halted earlier. Affymax also fired its chief commercial officer and ... (Mon, 18 Mar 2013 22:27:05 GMT)

After bankruptcy , do I owe on 2nd mortgage?
Dear Bankruptcy Adviser,I filed a Chapter 7 bankruptcy that was discharged in 2009. I was paying my second mortgage loan to the bank for four years without a reaffirmation agreement. I never missed a payment ... (Tue, 19 Mar 2013 07:00:51 GMT)

Bankruptcy Deal Approved; Hostess Snacks To Return
NEW YORK (CNNMoney) — A bankruptcy judge has given final approval for the sale of Twinkies, Wonder Bread and many... (Tue, 19 Mar 2013 18:13:47 GMT)

William James Appointed Superintendent of Bankruptcy
The Honourable Christian Paradis, Minister of Industry and Minister responsible for the Office of the Superintendent of Bankruptcy Canada , today announced the appointment of William James as Superintendent ... (Tue, 19 Mar 2013 19:34:03 GMT)

Bank of America fined for repeated bankruptcy violations
A federal bankruptcy judge in Orlando has slapped Bank of America Corp. with a $220,000 sanction — one of the largest fines on record in the local court — for ignoring the judge's orders and refusing an Orange County couple's court-approved mortgage-loan modification. (Tue, 19 Mar 2013 21:17:11 GMT)

Bank of America fined for repeated violations in Orange homeowners' bankruptcy case
A federal bankruptcy judge in Orlando has slapped Bank of America Corp. with a $220,000 sanction — one of the largest fines on record in the local court — for ignoring the judge's orders and refusing an Orange County couple's court-approved mortgage-loan modification. (Tue, 19 Mar 2013 21:21:19 GMT)

Centre Properties files bankruptcy for three area shopping centers
An Indianapolis developer has filed for bankruptcy on three local shopping centers but aims to keep the properties in business. (Tue, 19 Mar 2013 21:49:14 GMT)

Cyprus works on Plan B to stave off bankruptcy
NICOSIA, Cyprus (AP) — Cypriot officials rushed Wednesday to find a new plan to stave off bankruptcy , a day after Parliament rejected an initial scheme to contribute to the nation's bailout package by seizing up to 10 percent of people's bank savings. (Wed, 20 Mar 2013 12:29:05 GMT)

Cyprus rushes to find Plan B to avoid bankruptcy
Cypriot officials rushed Wednesday to find a new plan to stave off bankruptcy , a day after Parliament rejected an initial scheme to contribute to the nation's bailout package by seizing up to 10 percent ... (Wed, 20 Mar 2013 12:57:29 GMT)

Chinese Subsidiary of Suntech Power Declares Bankruptcy
A solar panel maker, Wuxi Suntech, declared bankruptcy in a remarkable reversal for part of a huge Chinese government effort to dominate renewable energy industries. (Wed, 20 Mar 2013 13:45:30 GMT)

Suntech Power Starts Bankruptcy Proceedings
Suntech Power Holdings Co. (STP), once the world's largest supplier of solar panels, is involved in bankruptcy court proceedings in the eastern Chinese city of Wuxi, the company said Wednesday. (Wed, 20 Mar 2013 14:51:34 GMT)

Patterson: Detroit bankruptcy would hurt Oakland's bond rating
Detroit — Oakland County Executive L. Brooks Patterson said Thursday he's worried about how a Detroit bankruptcy would affect Oakland County's AAA bond rating. (Thu, 21 Mar 2013 20:15:56 GMT)

Journal Register Approved to Sell Assets in Bankruptcy Court
Journal Register Co., a newspaper publisher in bankruptcy for a second time, won court approval to sell its assets to an affiliate of its current owner in exchange for $114 million in secured debt and about $6 million in cash. (Thu, 21 Mar 2013 21:45:52 GMT)

Chinese Solar Giant’s Bankruptcy Presents a Test
Some distressed debt investors are about to find out what exactly it is you buy when you buy American-issued debt in a company incorporated in the Cayman Islands and doing business in China. (Fri, 22 Mar 2013 00:36:58 GMT)

Stockton Creditors Face Long Odds to End City Bankruptcy
Throwing Stockton, California, out of bankruptcy will require creditors including Assured Guaranty Corp. and mutual-fund manager Franklin Resources Inc. (BEN) to convince a judge that the city isn’t insolvent and never really tried to cut a deal. (Fri, 22 Mar 2013 04:20:18 GMT)

Charges laid in bankruptcy fraud investigation
TORONTO , March 22, 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, 22 Mar 2013 12:15:00 GMT)

Journal Register wins approval to sell assets in bankruptcy court
Journal Register Co., a newspaper publisher in bankruptcy for a second time, won court approval to sell its assets to an affiliate of its current owner in exchange for $114 million in secured debt and about $6 million in cash. The company publishes the Macomb Daily, Oakland Press, Royal Oak Tribune and Mount Pleasant Morning Sun, as well as others across the United States. (Fri, 22 Mar 2013 16:10:21 GMT)

Stockton Creditors Face Long Odds to End City Bankruptcy
Removing Stockton, California , from federal bankruptcy protection will require that creditors such as Assured Guaranty Corp. and Franklin Resources Inc. (BEN) prove the city isn’t truly insolvent, and that its leaders didn’t negotiate a potential settlement in good faith. (Sat, 23 Mar 2013 04:40:22 GMT)

Court to Decide on Pensions in Stockton, Calif., Bankruptcy
In Stockton, Calif., bondholders and insurers want the pain of the city’s bankruptcy to be evenly distributed. Calpers, the country’s largest pension system, prefers to protect its retirees. (Sun, 24 Mar 2013 00:01:33 GMT)

Calif. city heading to bankruptcy court
By outward appearances, Stockton, a city of nearly 300,000 on the Sacramento-San Joaquin River Delta, seemed in the mid-2000s to be emerging from decades of struggle.Next to its gleaming downtown waterfront ... (Sun, 24 Mar 2013 15:14:24 GMT)

California city heads to bankruptcy court
By outward appearances, Stockton, a city of nearly 300,000 on the Sacramento-San Joaquin River Delta, seemed in the mid-2000s to be emerging from decades of struggle. (Sun, 24 Mar 2013 15:59:21 GMT)

Stockton’s Fate Turns on Four-Day Bankruptcy Court Trial
Stockton, California, faces a four- day fight with creditors this week over whether it can remain under federal bankruptcy protection and avoid state court claims seeking to force it to pay more than $300 million in debt. (Mon, 25 Mar 2013 04:20:30 GMT)

Otelco files for bankruptcy after losing Time Warner Cable contract
By Sakthi Prasad (Reuters) - Otelco Inc filed for Chapter 11 bankruptcy on Sunday, court documents showed, three months after the telecom services provider lost a key revenue-generating contract from Time Warner Cable Inc . In February, Otelco reached an agreement with its senior lenders to amend and extend the terms of its current senior financing to reduce the company's debt and improve its ... (Mon, 25 Mar 2013 05:16:47 GMT)

Does Stockton, Calif., merit bankruptcy ?
SACRAMENTO, March 25 (UPI) -- A bond insurer asked a federal judge to throw out a Chapter 9 bankruptcy filing by Stockton, Calif., as a trial on the bankruptcy was to begin. (Mon, 25 Mar 2013 07:20:03 GMT)

Detroit emergency manager may have tough first day- California city heads to bankruptcy court
A bankruptcy lawyer and turnaround expert tasked with reviving Detroit's beleaguered finances could be greeted by a crowd of protesters as he arrives at work Monday, then plans to spend his first day meeting with some city officials who for months fought against creating his job at all. (Mon, 25 Mar 2013 09:59:23 GMT)

Stockton, Calif., Bankruptcy Goes to Trial
Who takes the losses when a city goes bust—workers and retirees, municipal bondholders, or both? The NYT reports. (Mon, 25 Mar 2013 13:45:49 GMT)

Bankruptcy judge OKs $105M loan to Reader's Digest
The parent company of Reader's Digest said Monday that it has final court approval to borrow $105 million from the lenders who will own the magazine company when it emerges from its second bankruptcy process ... (Mon, 25 Mar 2013 18:09:56 GMT)

Trial under way in California city bankruptcy case
SACRAMENTO, Calif. (AP) — Lawyers for the California city of Stockton said Monday it has cut its budget and services to the bone and has no choice about trying to become the most populous U.S. city to enter bankruptcy . (Mon, 25 Mar 2013 22:19:46 GMT)

Revel formally files for Chapter 11 bankruptcy
AC Revel Inc., owner of the struggling Revel casino in Atlantic City, formally filed for Chapter 11 bankruptcy in U.S. Bankruptcy Court in Camden Monday, as expected. The company filed at 10:20 p.m. (Tue, 26 Mar 2013 02:45:24 GMT)

Singer Dionne Warwick files for bankruptcy
(Reuters) - Grammy Award-winning singer Dionne Warwick has filed for bankruptcy in New Jersey, citing tax liabilities she has attributed to financial mismanagement, her publicist said on Monday. Warwick, 72, known for "Do You Know the Way to San Jose?" and other popular songs, filed the petition on March 21 in the U.S. Bankruptcy Court in New Jersey, the state where she was born and currently ... (Tue, 26 Mar 2013 05:16:21 GMT)

Are You Filing For Bankruptcy Too Soon?
When filing bankruptcy , timing is everything. Waiting just a few weeks could be the difference of having recently transferred property seized or having extra debt tacked on to your bills. Here are five ... (Tue, 26 Mar 2013 11:00:33 GMT)

Stockton, California bankruptcy eligibility trial begins
By Jim Christie SACRAMENTO, California (Reuters) - Lawyers for Stockton and its creditors kicked off a courtroom battle on Monday over whether the California city is eligible for bankruptcy protection to force its bondholders to swallow losses while leaving pensions intact. The closely-watched case has broad implications for other local governments seeking protection in bankruptcy court from ... (Tue, 26 Mar 2013 11:09:48 GMT)

NJ Revel bankruptcy plan includes allowing smoking
When the smoke clears from Revel's bankruptcy ... there will be smoke. Atlantic City's only smoke-free casino will soon allow patrons to light up on the gambling floor as part of the Chapter 11 bankruptcy ... (Tue, 26 Mar 2013 16:57:34 GMT)

American and US Airways Merger Clears Bankruptcy Court
American Airlines won bankruptcy court approval to combine with US Airways and form the world’s biggest airline. (Wed, 27 Mar 2013 00:47:27 GMT)

Ruling on Stockton bankruptcy eligibility seen Monday
By Jim Christie SACRAMENTO, California (Reuters) - A verbal ruling on whether Stockton, California, is eligible for bankruptcy protection will likely come next Monday, a federal judge said on the third and final day of a trial on the matter that the municipal debt market is closely watching. ... (Wed, 27 Mar 2013 18:43:06 GMT)

Bankruptcy judge OKs American-US Airways merger
A federal bankruptcy judge gave approval on Wednesday for US Airways and American Airlines to proceed with their planned merger, but declined to authorize a proposed severance package worth nearly $20 million for the CEO of American's bankrupt parent company. (Wed, 27 Mar 2013 21:30:35 GMT)

Ruling on Stockton bankruptcy eligibility likely Monday
By Jim Christie SACRAMENTO, California (Reuters) - A verbal ruling on whether Stockton, California, is eligible for bankruptcy protection will likely come next Monday, a federal judge said on the third and final day of a trial that the U.S. municipal debt market is closely watching. U.S. ... (Thu, 28 Mar 2013 00:45:48 GMT)

Bankruptcy Judge Oks American-US Airways Merger
NEW YORK (CNNMoney) — A federal bankruptcy judge gave approval on Wednesday for US Airways and American Airlines to proceed... (Thu, 28 Mar 2013 02:58:56 GMT)

Judge to rule Monday on whether to block Stockton city bankruptcy
A bankruptcy judge said he will rule Monday on whether to block the Stockton bankruptcy on behalf of Wall Street creditors who claim they were stiffed on municipal bond payments as the beleaguered city protected employee pension obligations. (Thu, 28 Mar 2013 04:24:40 GMT)

Ruling on Stockton bankruptcy eligibility likely Monday
A verbal ruling on whether Stockton, California, is eligible for bankruptcy protection will likely come next Monday, a federal judge said on the third and final day of a trial that the U.S. municipal debt market is closely watching. (Thu, 28 Mar 2013 05:28:30 GMT)

How do I establish credit after bankruptcy discharge?
Dear Bankruptcy Adviser, I am trying to rebuild my credit after receiving a bankruptcy discharge. I had pretty decent credit prior to bankruptcy , but my debt got out of hand. What are the chances of getting ... (Fri, 29 Mar 2013 07:00:52 GMT)

Patriot Coal Bondholders Seek Trustee for Bankruptcy
Patriot Coal Corp. (PCXCQ) bondholders asked a judge to appoint an independent trustee to oversee its bankruptcy , saying that some of the U.S. mining company’s subsidiaries don’t have obligations to its union and should be able to exit bankruptcy more quickly. (Fri, 29 Mar 2013 15:05:08 GMT)

Stockton ruling seen key to U.S. cities' bankruptcy options
By Jim Christie SAN FRANCISCO (Reuters) - A federal judge on Monday is expected to rule on whether the city of Stockton, California is eligible for bankruptcy protection, a key milestone in a case likely to set critical precedents for cash-strapped U.S. cities, their employees and their bondholders. The decision follows a three-day trial last week in which the city argued it had no choice but to ... (Sun, 31 Mar 2013 21:52:45 GMT)


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