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 May 2013

Electric car maker Coda files for bankruptcy
By Nichola Groom May 1 - Green car startup Coda Holdings Inc filed for Chapter 11 bankruptcy protection on Wednesday after selling just 100 of its all-electric sedans, another example of battery-powered vehicles' failure to break into the mass market. The filing with U.S. Bankruptcy Court in Delaware will allow the Los Angeles company to exit the auto sector and refocus on energy storage, a far ... (Wed, 01 May 2013 00:18:41 -0700)

Electric Car Maker Files for Bankruptcy Protection
The filing with the federal Bankruptcy Court in Delaware will allow Coda Holdings, a Los Angeles start-up company, to get out of the auto sector and refocus on energy storage. (Wed, 01 May 2013 04:54:37 -0700)

Kodak plans 3Q bankruptcy emergence
Eastman Kodak says it expects to emerge from bankruptcy protection between July and September. Many of the storied businesses associated with the Kodak name will be gone. It will no longer make cameras, ... (Wed, 01 May 2013 07:13:26 -0700)

Kodak to exit bankruptcy a different company
Eastman Kodak plans to emerge from bankruptcy protection by the end of September after shedding most of the businesses that turned it into an American icon. The reorganized Kodak will focus instead on ... (Wed, 01 May 2013 08:59:15 -0700)

Insight: Miner's union charts new course to save benefits in bankruptcy
By Nick Brown (Reuters) - As mineworkers and retirees battle to salvage their pensions and benefits from the bankruptcy of Patriot Coal Corp, lawyers for their union are trying an unusual gambit - and one that may be a test case for workers' rights when companies spin off assets. With a difficult road ahead in bankruptcy court in St. Louis, the United Mine Workers of America has brought a ... (Wed, 01 May 2013 09:46:33 -0700)

Ally Again Says It Isn't Responsible for ResCap's Bankruptcy
Ally Financial Inc. says Residential Capital LLC's creditors "cannot come close" to proving that Ally is responsible for the liabilities in ResCap's bankruptcy case. (Wed, 01 May 2013 10:46:06 -0700)

Electric-car maker files for bankruptcy
Coda says it hopes to use bankruptcy process to transition to energy-storage business, leaving behind the challenging electric-car market. (Wed, 01 May 2013 11:53:22 -0700)

Electric car maker Coda files for bankruptcy
By Nichola Groom (Reuters) - Green car startup Coda Holdings Inc filed for Chapter 11 bankruptcy protection on Wednesday after selling just 100 of its all-electric sedans, another example of battery-powered vehicles' failure to break into the mass market. The filing with U.S. Bankruptcy Court in Delaware will allow the Los Angeles company to exit the auto sector and refocus on energy storage, a ... (Wed, 01 May 2013 12:03:37 -0700)

Electric car company Coda files for bankruptcy
Coda Holdings, parent of the electric-car maker backed by billionaire Philip Facone, has filed for bankruptcy and will seek to sell its assets.Coda Holdings shut down its automotive unit last year after failing to make good on its promise to sell 10,000 vehicles. The company sold fewer than 100 vehicles while employing 40 people. It will instead focus on its energy storage business, said Phil ... (Wed, 01 May 2013 12:43:56 -0700)

CPI files for bankruptcy after closing all U.S. stores
In its Chapter 7 filing, the company lists $10.4 million in assets and $135 million in debt. (Wed, 01 May 2013 20:45:00 -0700)

Creditors Committee Supports Giving ResCap More Time to File Bankruptcy Plan
Creditors of Residential Capital LLC say they support giving the subprime-mortgage lender more time to control its bankruptcy case, citing progress toward a potential settlement of issues that have bogged down the case. (Thu, 02 May 2013 15:01:06 -0700)

A Tobin Tax, Bankruptcy Style
Starting this month, there is a $25 fee to file a notice that a debtor claim in a Chapter 11 case has been sold. (Thu, 02 May 2013 15:07:42 -0700)

When Should You Consider Bankruptcy?
When you find yourself struggling with debt, you're no doubt searching for solutions. Here are four signs you should consider bankruptcy. (Fri, 03 May 2013 21:01:09 -0700)

Bankruptcy Law Advice on Filing Taxes After Bankruptcy
For most of us, filing our taxes is a stressful process. But for those who filed bankruptcy in the past year, they may be confused about the affect it had on their taxes and how it changes the way they file their taxes. Which forms do you file and who files your taxes for you? (Sun, 05 May 2013 04:48:19 -0700)

The leaner post-bankruptcy Kodak faces an uphill battle
When Eastman Kodak emerges from bankruptcy, it will be a shadow of the giant it once was. (Sun, 05 May 2013 07:34:53 -0700)

D.C. area bankruptcy filings for May 6
These firms recently filed with the U.S. Bankruptcy Court’s local court clerk’s offices. (Sun, 05 May 2013 14:21:14 -0700)

Bankruptcy and Home Insurance Issues
Des Moines, LawFuel.com – Many Americans do not realize that declaring bankruptcy may affect their home insurance rates. (Sun, 05 May 2013 15:48:18 -0700)

Boutique investment bank Ledgemont seeks Chapter 7 bankruptcy
(Reuters) - Ledgemont Capital Group LLC, a boutique investment bank, filed for Chapter 7 bankruptcy to liquidate its assets, which it estimated at between $10 million and $50 million, according to court documents. New York-based Ledgemont was a joint underwriter, along with Russian investment bank Renaissance Capital, of a scuttled, $460 million initial public offering by FriendFinder Networks ... (Mon, 06 May 2013 08:52:32 -0700)

ResCap Sues Bondholders Over Bid for Control of Bankruptcy
Residential Capital LLC is suing a group of junior bondholders to block them from wresting control of the subprime mortgage lender's bankruptcy case. (Mon, 06 May 2013 10:40:48 -0700)

Bankruptcy Attorneys New Wiki Style Bankruptcy Information Aliso Viejo Page Delivers Useful links And Federal Laws
Zhou & Chini completes Aliso Viejo page for their California bankruptcy information website for the purpose of educating locals. Everyone should know the laws before filing for personal bankruptcy, and the new city page helps explain the different Chapters of bankruptcy and court information to help individuals seeking bankruptcy protection. (PRWeb May 07, 2013) Read the full story at http ... (Tue, 07 May 2013 00:48:19 -0700)

Judge Lets ResCap Control Bankruptcy Case for 30 More Days
A judge on Tuesday gave Residential Capital LLC 30 more days to file a reorganization plan without the threat of rival proposals, approving a compromise between ResCap and its official committee of unsecured creditors. (Tue, 07 May 2013 10:12:50 -0700)

Judge may set workout deadline in biggest U.S. muni bankruptcy
By Michael Connor (Reuters) - Alabama's Jefferson County will brief a federal judge on Thursday on its progress toward exiting from bankruptcy, as the county appears likely to become the first big U.S. local government to impose losses on bondholders since the 1930s. The case is seen as a testing ground for how bondholders fare when a local issuer breaks under excessive financial pressure ... (Tue, 07 May 2013 12:25:15 -0700)

O’Melveny & Myers Hires 3 Senior Bankruptcy Lawyers
O'Melveny announced Tuesday that it hired John Rapisardi and George Davis, the co-chairs of the bankruptcy practice of the law firm Cadwalader Wickersham & Taft, as well as Peter Friedman, a Cadwalader partner based in Washington. (Tue, 07 May 2013 13:37:42 -0700)

Will HELOC Stay on Credit Report Post-Bankruptcy?
Taking your name off a loan with your ex involves more than an agreement or bankruptcy. (Tue, 07 May 2013 13:58:50 -0700)

Advisers' Tab in Dewey Bankruptcy Hits $23.6 Million
In a series of final fee requests filed in court this week, 10 law, financial and restructuring firms tally up their hours worked and expenses incurred from the time Dewey & LeBoeuf filed for bankruptcy in May 2012 through March 22 of this year, when the firm's Chapter 11 plan became effective. Dewey's primary bankruptcy counsel, Togut, Segal & Segal, submitted the biggest bills, totaling $8.91 ... (Tue, 07 May 2013 23:40:22 -0700)

Vacuum Maker Oreck Files for Bankruptcy
The Oreck Corporation, the maker of vacuum cleaners and air purifiers, filed for bankruptcy protection in federal court in Tennessee on Tuesday, as it sought to try and sell itself. (Wed, 08 May 2013 06:07:37 -0700)

Casey Anthony bankruptcy hearing postponed
TAMPA, Fla. (AP) — A federal judge presiding over Casey Anthony's bankruptcy has postponed a hearing until later this month to allow time to look at issues surrounding two defamation suits against the central Florida woman. (Wed, 08 May 2013 12:38:50 -0700)

Morgan Drexen Surpasses Competition, Impresses Lawyers With Bankruptcy Software
COSTA MESA, Calif. -- Morgan Drexen Integrated Systems (http://morgandrexen.com), a leading provider of software and support services to businesses across America, has added another innovative layer to ... (Wed, 08 May 2013 16:03:48 -0700)

Oreck bankruptcy: Financial mess for vacuum maker
Oreck bankruptcy follows two layoffs in the last seven months. Tennessee vacuum maker expects to continue operations despite the Oreck bankruptcy. (Thu, 09 May 2013 05:57:06 -0700)

Chapter 13 Bankruptcy: How it Works
Unlike Chapter 7 liquidation plans, Chapter 13s give filers a chance to pay off debts over three to five years -- but they rarely turn out as planned. (Thu, 09 May 2013 06:49:21 -0700)

Paulson Real Estate Unit Flees Resort Suit For Bankruptcy
Billionaire John Paulson sought bankruptcy court protection for a real estate unit of his hedge fund after executives there were sued for alleged conflicts of interest in the asset sales of five bankrupt resorts. (Thu, 09 May 2013 09:25:22 -0700)

Defamation suits against Casey Anthony in limbo because of bankruptcy
ORLANDO, Fla., May 9 (UPI) -- A bankruptcy judge will hear arguments at the end of the month on defamation suits against Casey Anthony, the Florida mom found innocent of killing her child. (Thu, 09 May 2013 10:02:49 -0700)

Bankruptcy judge OKs AMR bankruptcy financing
A bankruptcy judge has given American Airlines permission to seek up to $3.25 billion in financing to emerge from Chapter 11 protection. American parent AMR Corp., which is trying to merge with US Airways, ... (Thu, 09 May 2013 13:49:33 -0700)

Paulson hedge fund puts hotel unit in bankruptcy to escape lawsuit
By Jonathan Stempel (Reuters) - Billionaire investor John Paulson has put a real estate unit of his hedge fund into bankruptcy to thwart a lawsuit by a lender that claims it is owed tens of millions of dollars related to the recent sale of several luxury resorts. According to filings late Wednesday in Manhattan bankruptcy court, MSR Hotels & Resorts Inc. sought Chapter 11 protection from ... (Thu, 09 May 2013 14:43:50 -0700)

ResCap Bankruptcy Probe to Detail $25 Billion Ally Threat
Ally Financial Inc. (ALLY) , the auto lender owned by U.S. taxpayers, may learn today how hard it will be to escape $25 billion in claims made against its bankrupt mortgage arm, Residential Capital LLC. (Thu, 09 May 2013 21:20:08 -0700)

Ally, creditors may be close to ResCap bankruptcy deal
Washington — A deal may be near to resolve claims from creditors of Ally Financial's bankrupt mortgage unit Residential Capital LLC that could allow for a resolution of the case, a court-appointed examiner said Friday. (Fri, 10 May 2013 14:55:14 -0700)

Progress being made in ResCap bankruptcy cases, court-appointed examiner says
Washington — A deal may be near to resolve claims from creditors of Ally Financial's bankrupt mortgage unit Residential Capital LLC that could allow for a resolution of the case, a court-appointed examiner said Friday. (Fri, 10 May 2013 23:53:27 -0700)

Bankruptcy Costs Attacked
Federal watchdogs are preparing to exert more control over costs in big bankruptcy cases. In the initial push, the first overhaul of guidelines intended to keep costs in check in about 17 years is expected ... (Sun, 12 May 2013 19:55:00 -0700)

Detroit finances bleak, on "ill-advised and unacceptable course," bankruptcy manager says
State-appointed bankruptcy manager warns current course will leave city in "a precariously low cash position" by year's end (Mon, 13 May 2013 01:29:37 -0700)

Akin Gump Helps Secure Two Decisions in Appeals Courts in Bankruptcy Law
LawFuel.com – Bankruptcy Law News – Akin Gump litigation partner Marty L. Brimmage Jr. helped lead a team that achieved crucial decisions over the past two days before two federal appeals courts in a hotly contested bankruptcy case. (Mon, 13 May 2013 01:48:18 -0700)

ResCap Bankruptcy Report May Be Filed Under Seal - Sources
Attorneys involved in Residential Capital LLC's bankruptcy plan to ask the court's permission on Monday to allow an independent examiner's report detailing the mortgage firm's relationship with parent, Ally Financial Inc., to be filed confidentially, according to people familiar with the matter. (Mon, 13 May 2013 12:11:20 -0700)

ResCap Bankruptcy Report May Be Filed Under Seal
Attorneys involved in Residential Capital LLC's bankruptcy plan to ask the court's permission on Monday to allow an independent examiner's report detailing the mortgage firm's relationship with parent, Ally Financial Inc., to be filed confidentially, according to people familiar with the matter. (Mon, 13 May 2013 12:56:10 -0700)

Bankruptcy court approves Revel's restructuring plan; Chapter 11 exit for casino seen soon
CAMDEN, N.J. - Revel will be getting a new start soon — with new owners. (Mon, 13 May 2013 14:03:46 -0700)

Detroit is broke; could bankruptcy lie ahead?
The first report by Detroit's emergency manager declares that the city is broke and at risk of running completely out of money — a financial meltdown that could mean employees don't get paid, retirees ... (Mon, 13 May 2013 15:24:19 -0700)

Detroit is broke; could bankruptcy lie ahead?
DETROIT (AP) — The first report by Detroit's emergency manager declares that the city is broke and at risk of running completely out of money — a financial meltdown that could mean employees don't get paid, retirees lose their pensions and residents endure even deeper cuts in municipal services. (Mon, 13 May 2013 15:25:03 -0700)

ResCap Bankruptcy Report Could Remain Sealed Until July 3
An independent examiner's report that could sway settlement negotiations in the bankruptcy of mortgage lender Residential Capital LLC may remain under seal until July 3, according to a judge's order on Monday. (Mon, 13 May 2013 16:11:30 -0700)

Vodka maker CEDC bankruptcy plan approved
WILMINGTON/NEW YORK (Reuters) - A bankruptcy court on Monday approved Central European Distribution Corp's bankruptcy exit plan, putting Russian billionaire Roustam Tariko on the verge of adding one of ... (Mon, 13 May 2013 16:48:23 -0700)

Revel exits bankruptcy, hopes for a strong summer
Revel's exit strategy from Chapter 11 bankruptcy was approved by a judge Monday, clearing the way for the lavish but financially troubled casino to restructure its finances and pump resources into better marketing and new amenities in time for the busy summer. (Tue, 14 May 2013 00:18:30 -0700)

Soccer-AEK Athens set for bankruptcy and third tier
By Graham Wood ATHENS, May 14 (Reuters) - AEK Athens said on Tuesday they were preparing to declare bankruptcy and seek relegation to the third division. AEK were relegated from the Super League for the first time in their 89-year history in the season that ended in May. They are in serious financial difficulties and reported to owe 170 million euros ($220 million) in taxes. Almost the entire ... (Tue, 14 May 2013 10:12:21 -0700)

Bankruptcy Attorneys in Fullerton Help Orange County Residents with Helpful Bankruptcy Information Page
Bankruptcy lawyers in Fullerton Zhou & Chini complete another useful page for their bankruptcy information for California . The new page offers very insightful tips and tools to assist individuals seeking bankruptcy information. (PRWeb May 15, 2013) Read the full story at http://www.prweb.com/releases/ba (Wed, 15 May 2013 00:52:54 -0700)

Escondido Bankruptcy Information Made Easy for Residents by Bankruptcy Attorneys Zhou & Chini
Escondido locals get an informational boost from bankruptcy attorneys Zhou and Chini. The California bankruptcy information website has a new page addition for the city of Escondido. (PRWeb May 15, 2013) Read the full story at http://www.prweb.com/releases/ba (Wed, 15 May 2013 01:27:47 -0700)

Bankruptcy Assistance Website Sequestration.net Reports a Significant Decrease in Applicants
EDINBURGH, Scotland, May 15, 2013 /PRNewswire-iReach/ -- Sequestration.net, a company that helps individuals who need to file for bankruptcy in Scotland, has just announced a 23 percent decrease in people ... (Wed, 15 May 2013 04:00:00 -0700)

Cancer increases bankruptcy risk, even for insured
Cancer patients are at much greater risk of bankruptcy than people without cancer, according to a large new study. And while the new health care law promises insurance coverage to more than 30 million Americans who lack it now, the high cost of cancer care can push many patients, especially younger women, into financial trouble, experts say. “We need to look into why this happening and see if ... (Wed, 15 May 2013 17:30:59 -0700)

Those with cancer more likely to file for bankruptcy
SEATTLE, May 16 (UPI) -- Washington state cancer patients are more likely to file for bankruptcy than people without cancer, U.S. researchers found. (Wed, 15 May 2013 21:58:45 -0700)

Bankruptcy Trustees Relieved By SCOTUS Ruling
May 16 (Bloomberg) -- Trustees of all types are sleeping easier, knowing that their liabilities for theft by a co-trustee is a debt that can be wiped out in bankruptcy as a result of a unanimous Supreme Court decision discussed by Bloomberg Law's Lee Pacchia and Bloomberg News bankruptcy columnist Bill Rochelle on their video. (Thu, 16 May 2013 06:52:43 -0700)

Cancer Patients May Face Higher Bankruptcy Odds
Title: Cancer Patients May Face Higher Bankruptcy Odds Category: Health News Created: 5/15/2013 4:35:00 PM Last Editorial Review: 5/16/2013 12:00:00 AM (Thu, 16 May 2013 21:23:13 -0700)

Bankruptcy Attorneys in Rancho Cucamonga Complete Information WebPage For San Bernardino Residents
Bankruptcy attorneys Zhou & Chini have just completed the Rancho Cucamonga bankruptcy page for the new Wiki style website. The new pages consists of important informational links and laws regarding filing a bankruptcy in California (PRWeb May 17, 2013) Read the full story at http://www.prweb.com/releases/ba (Fri, 17 May 2013 00:17:02 -0700)

How to pick a bankruptcy attorney
That’s it, you’re done. After struggling to pay your debts, you’re ready to consider bankruptcy. It’s time to contact a lawyer to represent you, but which one? (Fri, 17 May 2013 03:00:00 -0700)

New Wiki-Style Website for Bankruptcy Attorneys Zhou & Chini
LawFuel.com – Bankruptcy Law News – One of the top bankruptcy law firms in Southern California, Zhou & Chini, has released another completed webpage for its Wiki style site. The bankruptcy information Rancho Cucamonga page has just been finished and is ready for views. (Fri, 17 May 2013 03:19:32 -0700)

Bankruptcy Court Issues Confirmation Opinion on Pittsburgh Corning Reorganization Plan
PPG Industries today announced that the United States Bankruptcy Court for the Western District of Pennsylvania issued an opinion and interim order confirming the current Pittsburgh Corning plan of reorganization. (Fri, 17 May 2013 06:27:00 -0700)

Ulster Bank seeks parallel bankruptcy against Dunne
Bank claims property developer is trying to avoid effect of Irish proceedings         (Sat, 18 May 2013 11:00:06 -0700)

Ulster Bank seeks parallel bankruptcy against Dunne
Bank claims property developer is trying to avoid effect of Irish proceedings         (Sat, 18 May 2013 11:03:56 -0700)

Bankruptcy filings up 2 percent in Thurston County
Thurston County bankruptcy filings rose 2 percent in the first quarter, a sign that the upward trajectory in credit defaults hasn’t eased just yet even though the economy continues to show signs of improvement. (Sat, 18 May 2013 23:47:54 -0700)

Bankruptcy Attorneys In Newport Beach California Release An Enlightening Wiki Style Page For Educating Their Clients
For the residents of Newport Beach, a new Wiki style web page has been released by the bankruptcy attorneys Zhou & Chini. The local residents can learn about the basics and get access to important California bankruptcy laws and government links. (PRWeb May 19, 2013) Read the full story at http://www.prweb.com/releases/ba (Sun, 19 May 2013 00:09:00 -0700)

For Detroit in crisis, next six weeks determine bankruptcy fate
By Bernie Woodall and Karen Pierog DETROIT (Reuters) - Bond restructurings, negotiated settlements with bondholders and bond insurers, and tough talk with unionized workers are on the agenda as Detroit's emergency financial manager tries to meet a self-imposed, six-week deadline to decide whether the city can get through its financial crisis without a bankruptcy filing. Kevyn Orr, a former ... (Sun, 19 May 2013 13:52:49 -0700)

For Detroit in crisis, next six weeks determine bankruptcy fate
DETROIT (Reuters) - Bond restructurings, negotiated settlements with bondholders and bond insurers, and tough talk with unionized workers are on the agenda as Detroit's emergency financial manager tries to meet a self-imposed, six-week deadline to decide whether the city can get through its financial crisis without a bankruptcy filing.         (Sun, 19 May 2013 16:05:34 -0700)

San Bernardino School Bonds Test City’s Bankruptcy: Muni Deals
The public school district in San Bernardino, California, plans to sell $152 million in bonds for repairs and improvements this week, its first issue since the separate city government filed for bankruptcy last year. (Mon, 20 May 2013 08:50:21 -0700)

Judge gives final approval to A123 bankruptcy plan
A Delaware bankruptcy judge has given final approval to the reorganization plan of failed battery maker A123 Systems Inc., which was the recipient of a $249 million Department of Energy grant. Monday's ... (Mon, 20 May 2013 10:48:27 -0700)

Ex-Battery Maker B456 Wins Approval of Bankruptcy Plan
B456 Systems Inc., the bankrupt electric-car battery maker formerly called A123 Systems Inc., won court approval of a plan to exit bankruptcy that pays creditors from the proceeds of selling virtually all its assets. (Mon, 20 May 2013 13:20:09 -0700)

How to Pick a Bankruptcy Attorney
After struggling to pay your debts, you're ready to consider bankruptcy. It's time to contact a lawyer to represent you, but which one? (Tue, 21 May 2013 08:08:37 -0700)

U.S. bankruptcy judge handling Fair Finance case to retire
Longtime Akron-based U.S. Bankruptcy Judge Marilyn Shea-Stonum will retire from the bench by the end of April. (Tue, 21 May 2013 10:02:05 -0700)

One California town's bankruptcy saga a lesson for Detroit, Bridge Magazine discovers
In Stockton, Calif., municipal bankruptcy is being pitched as a salve for years of decline and mismanagement. But in nearby Vallejo, residents say bankruptcy made things only worse. (Tue, 21 May 2013 11:17:48 -0700)

NJ's Revel casino exits bankruptcy court
Revel, a brand new but struggling Atlantic City casino, has formally emerged from bankruptcy. Just 13 months after it opened with sky-high hopes, the casino got out of bankruptcy court Tuesday. The pre-planned ... (Tue, 21 May 2013 12:41:16 -0700)

KidsPeace Files Bankruptcy Blaming Government Cuts
KidsPeace Corp., the owner of a nonprofit psychiatric hospital for teenagers in Pennsylvania, filed for bankruptcy blaming government spending cuts. (Tue, 21 May 2013 14:15:53 -0700)

AC's Revel exits bankruptcy court
Just over a year after it opened, Atlantic City's newest casino has gone into bankruptcy and gotten out of it, ready to start again. Revel formally completed a Chapter 11 restructuring Tuesday that saw ... (Wed, 22 May 2013 07:43:28 -0700)

Bankruptcy for Urban League of Lancaster County
After months of trying to restart the Urban League of Lancaster County, board members of the nonprofit organization are abandoning their efforts."We put a lot of effort into trying to make it work," said board member Lewis Waltman.Waltman said a bankruptcy filing and the dissolution of the 48-year-o... (Wed, 22 May 2013 11:21:09 -0700)

Detroit is broke:bankruptcy may be next
The first report by Detroit's emergency manager declares that the city is broke and at risk of running completely out of money - a financial meltdown that could mean employees don't get paid, retirees ... (Wed, 22 May 2013 16:01:06 -0700)

Bankruptcy attorney Randolph Goldberg sentenced to prison
Las Vegas bankruptcy attorney Randolph Goldberg was sentenced on Thursday morning to two years in prison for tax evasion. (Thu, 23 May 2013 12:46:44 -0700)

Orr: DIA collection at risk if city declares bankruptcy
The city's new emergency manager has told the Detroit Institute of Arts it may "face exposure to creditors" if the city is forced to seek bankruptcy protection, a spokesman said Thursday night. (Thu, 23 May 2013 23:56:30 -0700)

Filing bankruptcy? New law lets you keep more
PHOENIX - Arizonans who have to seek protection from creditors in bankruptcy court soon will be able to hang on to more of what they own. (Fri, 24 May 2013 02:18:36 -0700)

Orr: DIA collection at risk if city declares bankruptcy
The city's new emergency manager has told the Detroit Institute of Arts it may "face exposure to creditors" if the city is forced to seek bankruptcy protection, a spokesman said Thursday night. (Fri, 24 May 2013 05:14:18 -0700)

Otelco Emerges from Bankruptcy with New Credit Facility and New Listed Security
Otelco Inc. announced that it has emerged from bankruptcy and completed its balance sheet restructuring process, including an extension of its senior credit facility. (Fri, 24 May 2013 08:43:00 -0700)

Government, creditors object in CODA bankruptcy
Attorneys for the federal government and unsecured creditors have filed objections to electric car maker CODA Holdings' bankruptcy plans. Court papers filed Friday argue that CODA's bankruptcy financing ... (Fri, 24 May 2013 12:56:57 -0700)

Report: Better Place to file for bankruptcy
If Better Place files for bankruptcy in a few days, as reported by Fortune, it would represent a sober end to a high-flying dream that raised hundreds of millions of dollars. (Fri, 24 May 2013 16:28:15 -0700)

Justice Department opposes AMR's $20 million severance for CEO Horton
A plan by American Airlines' parent to exit bankruptcy and merge with US Airways Group is coming under fire from the U.S. Department of Justice over nearly $20 million in severance pay earmarked for outgoing ... (Fri, 24 May 2013 17:00:52 -0700)

Irish duo ‘abused UK bankruptcy system’
Two Irish property tycoons have been accused of cynically trying to abuse Britain’s bankruptcy regime by hiding property and transferring funds to their families and associates. (Fri, 24 May 2013 19:12:10 -0700)

Are you really a deadbeat if you declare bankruptcy?
When you can't keep 'body and soul together,' there's nothing wrong with declaring bankruptcy, says personal finance guru Gail Vaz-Oxlade. Feel bad for your creditors? Maybe they shouldn't have given you so much in the first place (Sat, 25 May 2013 04:07:40 -0700)

U.S. Bankruptcy Court Confirms Pittsburgh Corning Corporation Chapter 11 Plan of Reorganization
PITTSBURGH -- Pittsburgh Corning Corporation, (www.pghcorning.com) a global manufacturer of sustainable, high performance glass products for the building, energy and industrial markets, announced that ... (Sat, 25 May 2013 06:52:21 -0700)

Filing bankruptcy? New law lets you keep more
PHOENIX - Arizonans who have to seek protection from creditors in bankruptcy court soon will be able to hang on to more of what they own. (Sat, 25 May 2013 19:10:54 -0700)

Bankruptcy plan could open door to sale of DIA collection
Kirk Pinho - A federal bankruptcy court can't force the city of Detroit to sell part or all of the Detroit Institute of Arts art collection, but EM rules raise another set of legal possibilities. (Sun, 26 May 2013 05:10:14 -0700)

The lesson from Better Place’s bankruptcy: Be more like Tesla
Electric car infrastructure company Better Place’s move to file bankruptcy today marks the end of the road for a billion-dollar bet that Silicon Valley-style technological disruption could wean the world ... (Sun, 26 May 2013 13:06:09 -0700)

Landdrill International Inc. to be petitioned into bankruptcy
Landdrill International Inc. to be petitioned into bankruptcy (Mon, 27 May 2013 05:15:00 -0700)

Surge in Irish people applying for bankruptcy in England and Wales
Figures from Britain’s Insolvency Service indicated signficant rise in people with Irish addresses applying for bankruptcy         (Mon, 27 May 2013 05:32:26 -0700)

Personal Bankruptcy Rates Drop In BC As Consumer Proposals Continue As the Preferred Debt Settlement Option
Sands & Associates, BC's largest firm of licensed trustees in bankruptcy and administrators of consumer proposals, has just compiled region specific numbers from the Office of the Superintendent of Bankruptcy, ... (Mon, 27 May 2013 09:00:00 -0700)

What Better Place's bankruptcy tells us about the future of electric cars
Better Place, the Israeli electric car company has gone bankrupt. But could its innovative battery-swapping idea live on? (Mon, 27 May 2013 10:26:11 -0700)

Big jump in Irish seeking UK bankruptcy
There has been a sharp increase in Irish people seeking bankruptcy in Britain, according to latest figures released by Britain’s Insolvency Service. (Mon, 27 May 2013 18:18:03 -0700)

Filing bankruptcy? New law lets you keep more
PHOENIX - Arizonans who have to seek protection from creditors in bankruptcy court soon will be able to hang on to more of what they own. (Mon, 27 May 2013 22:28:30 -0700)

Bankruptcy Court Confirms Pittsburgh Corning Reorganization Plan
PPG Industries today announced that the United States Bankruptcy Court for the Western District of Pennsylvania issued a revised opinion and final order confirming the current Pittsburgh Corning plan of reorganization. (Tue, 28 May 2013 06:11:00 -0700)

Highway Technologies closes doors; files for bankruptcy protection
Highway Technologies closes doors; files for bankruptcy protection Houston Chronicle Copyright 2013 Houston Chronicle. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. Updated 4:22 pm, Tuesday, May 28, 2013 The Houston-based construction supply company that got its start more than 30 years ago and provided traffic control services for special ... (Tue, 28 May 2013 13:41:32 -0700)

Bankruptcy court approves Pittsburgh Corning plan
PPG Industries Inc. said Tuesday a federal bankruptcy court has approved a reorganization plan for its joint venture with Corning Inc. that would resolve asbestos injury claims. PPG would give up its stake ... (Tue, 28 May 2013 16:39:30 -0700)

Orange County Bankruptcy Attorneys Release New Fountain Valley Bankruptcy Information Webpage For Their Wiki Site
The newly released page build for the Orange County bankruptcy lawyers Zhou & Chini is to help locals understand California bankruptcy exemptions . The new Fountain Valley page has many useful laws and different links to government sites to explain the process. (PRWeb May 29, 2013) Read the full story at http://www.prweb.com/releases/ba (Wed, 29 May 2013 00:25:11 -0700)

Filing bankruptcy? New law lets you keep more
PHOENIX - Arizonans who have to seek protection from creditors in bankruptcy court soon will be able to hang on to more of what they own. (Wed, 29 May 2013 09:27:25 -0700)

CODA bonuses pulled, more bankruptcy issues remain
Attorneys for failed electric car maker CODA Holdings have withdrawn a request asking a bankruptcy judge in Delaware to approve up to $425,000 in bonuses for 16 top managers and directors. The company ... (Wed, 29 May 2013 10:08:26 -0700)

Bankruptcy judge grants Patriot Coal's motion to reject its collective bargaining agreement
Chief U.S. Bankruptcy Judge Kathy A Surratt-States has ruled that Patriot Coal may reject its collective bargaining agreement and modify agreements regarding retiree benefits. (Wed, 29 May 2013 12:57:42 -0700)

Bankruptcy Court Authorizes Patriot Coal To Make Essential Changes To Collective Bargaining Agreements And Retiree ...
ST. LOUIS, May 29, 2013 /PRNewswire/ -- Patriot Coal Corporation (OTC: PCXCQ) today announced that, in accordance with Sections 1113 and 1114 of the U.S. Bankruptcy Code, the Bankruptcy Court in St. Louis ... (Wed, 29 May 2013 14:09:00 -0700)

Bankruptcy Court Confirms PPG-Corning JV
Bankruptcy court has confirmed the reorganization plan for PPG-Corning joint venture. (Wed, 29 May 2013 15:20:03 -0700)

Attorneys say CODA bankruptcy issues resolved
The Chapter 11 case of failed electric car maker CODA Holdings continued on the fast track Wednesday after attorneys resolved several objections to the company's bankruptcy financing and sale plans. After ... (Wed, 29 May 2013 16:41:30 -0700)

John L. Smith reaches deal in bankruptcy case
John L. Smith reaches deal in bankruptcy case (Wed, 29 May 2013 17:16:44 -0700)

Casey Anthony bankruptcy hearing today
Casey Anthony's bankruptcy will return to court in Tampa this afternoon, when a judge will hear argument on how — and where — the two defamation lawsuits against her should proceed.         (Thu, 30 May 2013 06:24:18 -0700)

Buying An Airline At A Near-Bankruptcy Price
Buying An Airline At A Near-Bankruptcy Price         (Thu, 30 May 2013 07:07:01 -0700)

Landdrill International Inc. petitioned into bankruptcy
Landdrill International Inc. petitioned into bankruptcy (Thu, 30 May 2013 08:31:00 -0700)

Dorsey Congratulates Partner Katherine Constantine on Appointment as U.S. Bankruptcy Judge
International law firm Dorsey & Whitney LLP announced today that Katherine A. Constantine, a partner in the firm’s Finance and Restructuring Department, has been appointed by the United States Court of Appeals for the Eighth Circuit as a United States Bankruptcy Judge for the District of Minnesota. (Thu, 30 May 2013 13:45:00 -0700)

Bankruptcy judge mulling issues in Casey Anthony defamation cases
TAMPA, Fla., May 30 (UPI) -- A hearing in federal bankruptcy court in Florida Thursday failed to immediately resolve the future of two defamation lawsuits against Casey Anthony. (Thu, 30 May 2013 19:28:04 -0700)

How to Rebuild Credit After Bankruptcy
About 1.2 million Americans filed for bankruptcy in 2012. If you were one of them, you’ve likely heard that bankruptcy will stay on your credit reports for 10 years. You might be assuming your life is ... (Fri, 31 May 2013 04:10:04 -0700)

Rebuild credit after bankruptcy
Filed (or thinking of filing) for bankruptcy? Your financial life isn't over. Here's how to get back on track. (Fri, 31 May 2013 14:54:00 -0700)


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