Bankruptcy Attorney News

Bankruptcy judge approves Solyndra bonuses - Boston.com

Wed, 22 Feb 2012 19:36:07 -0800

Bankruptcy judge approves Solyndra bonuses
Boston.com
A Delaware bankruptcy judge on Wednesday approved close to $370000 in bonuses for 20 employees of Solyndra LLC, a solar panel manufacturer that received a half-billion dollar loan from the federal government before declaring bankruptcy.

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AMR in Bankruptcy to Pare NYC Flights in Peak Travel Season - San Francisco Chronicle

Wed, 22 Feb 2012 16:46:23 -0800

Bloomberg

AMR in Bankruptcy to Pare NYC Flights in Peak Travel Season
San Francisco Chronicle
22 (Bloomberg) -- American Airlines will pare service in New York City, the world's busiest aviation market, during the peak of the US travel season as parent AMR Corp. reorganizes in bankruptcy and larger rivals expand. Seating on June flights at the ...
American Airlines Agents Press Bankruptcy Judge to Bar AMR Corp. From Making ...MarketWatch (press release)
AMR in Bankruptcy to Pare New York Flights in Peak Travel SeasonBloomberg
Pilots are spending plenty to lessen damage from American Airlines proposalDallas Morning News (subscription) (blog)

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Dodgers using Bankruptcy Court as shield, Bryan Stow lawyers say - Los Angeles Times

Wed, 22 Feb 2012 19:59:48 -0800

Los Angeles Times

Dodgers using Bankruptcy Court as shield, Bryan Stow lawyers say
Los Angeles Times
(Beck Difenbach / Reuters / April 8, 2011) By Bill Shaikin The Dodgers should not be allowed to use the US Bankruptcy Court to minimize their liability to Bryan Stow, attorneys for the injured San Francisco Giants fan argued Wednesday.
Dodgers bankruptcy case on trackFox News

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Fuller Brush Files for Bankruptcy Protection After 'Reboot' - Bloomberg

Wed, 22 Feb 2012 09:46:56 -0800

Bloomberg

Fuller Brush Files for Bankruptcy Protection After 'Reboot'
Bloomberg
Enlarge image Fuller Brush Files for Bankruptcy Protection After 'Reboot' Fuller Brush Files for Bankruptcy Protection After 'Reboot' A Fuller Brush salesman visits a house in Connecticut in the 1950s. Photo: Orlando/Three Lions/Getty Images Fuller ...
Historic door-to-door retailer Fuller Brush files for bankruptcy protectionWashington Post
Fuller Brush, Door-to-Door Icon, Seeks Bankruptcy ProtectionBusinessWeek
Fuller Brush files for bankruptcy protectionThe Seattle Times

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California's Stockton Strives to Avoid Vallejo's Bankruptcy Fate - Bloomberg

Wed, 22 Feb 2012 21:21:17 -0800

News10.net

California's Stockton Strives to Avoid Vallejo's Bankruptcy Fate
Bloomberg
Stockton, an agricultural center of about 292000, is fighting to avert bankruptcy by shrinking its payroll, including a quarter of the roughly 425-member police force. Twice since 2010 it has declared a state of fiscal emergency to force cuts on public ...
Stockton to pursue bankruptcy?News10.net
Stockton expected to take first step toward bankruptcy TuesdayStockton Record

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The Divide Between Banking and Bankruptcy - New York Times

Wed, 22 Feb 2012 14:04:22 -0800

New York Times

The Divide Between Banking and Bankruptcy
New York Times
The divide between banking and bankruptcy was illustrated during the financial crisis when the banking people told the bankruptcy people to file Lehman Brothers ? now. No real economy company would think of doing that ? just look at the months of ...
Nevada will get 30-33 cents on dollar from Lehman Brothers bankruptcyThe Record-Courier
Lehman Brothers Seeks to Boost First Payout to Creditors After BankruptcyBloomberg
Lehman Wins Approval for Plan to Boost First Creditor PayoutBusinessWeek
NASDAQ
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Qualteq, HearUSA, Lehman, AMR, GenMar, NewPage: Bankruptcy - BusinessWeek

Wed, 22 Feb 2012 15:30:16 -0800

Qualteq, HearUSA, Lehman, AMR, GenMar, NewPage: Bankruptcy
BusinessWeek
(This report contains items about companies both in bankruptcy and not in bankruptcy. Updates with details on Bank of America claim in eighth paragraph of Qualteq item.) Feb. 22 (Bloomberg) -- It can't be said that US bankruptcy judges in Delaware will ...

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Allen Iverson's bankruptcy reaffirms character issues - The Miscellany News

Wed, 22 Feb 2012 15:34:08 -0800

Allen Iverson's bankruptcy reaffirms character issues
The Miscellany News
By Sam Scarritt-Selman Despite his professional success, Allen Iverson, pictured above, formerly a member of the Philadelphia 76ers basketball team, owes $860000 in unpaid debt. Allen Iverson earned $154 million over the course of his 15-year ...

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Bankruptcy Forces Country Club To Halt Auction Plans - WDSU New Orleans

Wed, 22 Feb 2012 18:09:00 -0800

NOLA.com

Bankruptcy Forces Country Club To Halt Auction Plans
WDSU New Orleans
Majority stakeholder Tony Manzella filed for Chapter 11 bankruptcy late Tuesday night, one day before it was scheduled to be auctioned in a sheriff's sale. Neighbors want the property to stay a green space, whether a golf course or a park.
Colonial Country Club auction plans blocked by bankruptcy filingNOLA.com
Colonial Golf & Country Club files for bankruptcy protectionFOX 8 News WVUE-TV
Auction of Harahan country club postponed by last-minute bankruptcy filingBayoubuzz

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Arctic Glacier Inc. Files for Bankruptcy Protection in US - BusinessWeek

Wed, 22 Feb 2012 17:27:19 -0800

Arctic Glacier Inc. Files for Bankruptcy Protection in US
BusinessWeek
22 (Bloomberg) -- Arctic Glacier Inc., a producer, marketer and distributor of packaged ice to consumers in the US and Canada, filed for bankruptcy protection in the US The company, based in Winnipeg, Manitoba, listed both debt and assets of more than ...

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Grubb & Ellis Bankruptcy Filing Precipitated By Numerous Defections - Banker & Tradesman

Wed, 22 Feb 2012 09:10:23 -0800

Los Angeles Times

Grubb & Ellis Bankruptcy Filing Precipitated By Numerous Defections
Banker & Tradesman
By Jim Cronin The future of the Boston office of Grubb & Ellis, as well as the company itself, hangs in the balance after the commercial real estate firm filed for bankruptcy protection yesterday. The company is facing $30 million in debt set to mature ...
Grubb & Ellis files for bankruptcy and will sell most of its assets to BGC ...Virginia Business Magazine
Grubb & Ellis files for Chapter 11 bankruptcy and agrees to saleLos Angeles Times
Grubb & Ellis seeks Chapter 11 bankruptcy, agrees to sell itself to BGC PartnersWashington Post
Crain's Detroit Business -New York Times
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Nation's Largest Bankruptcy Law Firm Focuses on Protecting Consumer Rights - MarketWatch (press release)

Wed, 22 Feb 2012 14:58:42 -0800

Nation's Largest Bankruptcy Law Firm Focuses on Protecting Consumer Rights
MarketWatch (press release)
Fair Debt Helpers, a service of Macey Bankruptcy Law, has been helping consumers fight back against collection agencies since 2007. "We've recovered over $5000000 against collection agencies nationwide," says, Jeffrey Hyslip a Managing Attorney at ...

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4 Ways Washington Mutual's Bankruptcy Still Matters - Forbes

Wed, 22 Feb 2012 07:30:24 -0800

4 Ways Washington Mutual's Bankruptcy Still Matters
Forbes
PK)'s three and a half year-old bankruptcy case drew toward a close on Friday, though issues it raised will linger for some time. US Bankruptcy Court Judge Mary Walrath approved the plan, which various stakeholders must vote to accept or reject before ...

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Ind. steel mill thrives decade after bankruptcy - Chicago Tribune

Wed, 22 Feb 2012 11:19:21 -0800

Ind. steel mill thrives decade after bankruptcy
Chicago Tribune
PITTSBORO, Ind.? A central Indiana steel mill that fell into bankruptcy a decade ago before being purchased by Steel Dynamics is thriving and being readied for a $76 million expansion expected to boost its annual production to nearly 1 million tons of ...

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Slavery Museum Files Bankruptcy-Exit Plan - Wall Street Journal (blog)

Tue, 21 Feb 2012 12:43:54 -0800

Fredericksburg.com

Slavery Museum Files Bankruptcy-Exit Plan
Wall Street Journal (blog)
By Jacqueline Palank The US National Slavery Museum recently filed a plan to exit bankruptcy protection and restart fundraising so it may someday share its collection of slavery artifacts and documents with the public. Five months after filing for ...
US Slavery Museum files reorganization plan in federal bankruptcy court in ...Washington Post
Slavery museum files reorganization planRichmond Times Dispatch
In the Arts: Slavery Museum's Chapter 11 Plan Depends on DonorsChronicle of Philanthropy (subscription) (blog)

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Capitol Alert: Court sides with CCPOA, rejects Don Novey bankruptcy plan - Sacramento Bee

Wed, 22 Feb 2012 11:37:15 -0800

Capitol Alert: Court sides with CCPOA, rejects Don Novey bankruptcy plan
Sacramento Bee
By Jon Ortiz A Sacramento bankruptcy court last week rejected Don Novey's second amended bankruptcy plan, saying that the proposal lacks sufficient documentation to allow less-than-full payment to his debtors. The former president of the California ...

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Bankruptcy court plans move to Burlington - Barre Montpelier Times Argus

Wed, 22 Feb 2012 00:33:33 -0800

Bankruptcy court plans move to Burlington
Barre Montpelier Times Argus
By Bruce Edwards Since 1978, Rutland has had the status of being home to the only bankruptcy court in the state. But within two years Rutland will lose that status when US Bankruptcy Court moves to Burlington. In the interim, the court next month will ...

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Norbourg fraudster Vincent Lacroix's personal bankruptcy extended - Montreal Gazette

Wed, 22 Feb 2012 21:14:25 -0800

Norbourg fraudster Vincent Lacroix's personal bankruptcy extended
Montreal Gazette
MONTREAL - Convicted financial fraudster Vincent Lacroix will have to wait another 10 years to be discharged from his personal bankruptcy. Superior Court Judge Martin Castonguay granted the exceptional extension this week at the request of Revenue ...

Greeks still fear bankruptcy - SBS

Wed, 22 Feb 2012 00:41:27 -0800

Globe and Mail

Greeks still fear bankruptcy
SBS
The 56-year-old's despondency is hardly surprising given the civil service will feel the brunt of the cuts demanded by Greece's EU partners in return for the cash needed to save it from bankruptcy and keep it within the euro. Syntagma Square has become ...
Greece lowers recovery expectationsAlbany Times Union
Greek lawmakers rush to clear promised austerityKnoxville News Sentinel
Relief over another Greek dealThe Japan Times
Philadelphia Inquirer -Seeking Alpha
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Developer of downtown Sioux City project in Bankruptcy Court - Sioux City Journal

Wed, 22 Feb 2012 20:17:11 -0800

Developer of downtown Sioux City project in Bankruptcy Court
Sioux City Journal
Civic Partners was in court in Sioux City on Wednesday to defend its bankruptcy filing after mortgage holder First National Bank filed for foreclosure in December 2010, accusing Civic Partners of defaulting on a $5.63 million loan for the project.