363 Sales

Patent sales are needed under terms of a $950 million loan that Kodak obtained to keep operating while in bankruptcy. Rochester, New York-based Kodak filed for Chapter 11 bankruptcy protection on Jan. 19. Apple is based in Cupertino, California ...

Buyer lined up Last week, Collins asked the bankruptcy judge to approve Inland's purchase. It was the second request. Collins asked the judge to approve a sale to Inland last spring, court records show, but the deal fell apart when Inland made last-minute ...

This post covers a recent Third Circuit case holding that sales taxes collected from customers are a form of "trust fund" tax that cannot be discharged in bankruptcy. The Third Circuit Concludes that Sales Tax Claims Cannot Be Discharged in Bankruptcy.

The sale to 2100 Trust LLC marks the second change in Freedom's ownership in two years. A group of investors and banks took over Freedom from the founding Hoiles family in April 2010 after the company exited bankruptcy reorganization.

... crown for more than seven decades before losing it to Toyota in 2008 as GM's sales tanked while it headed toward financial ruin. In 2009, GM filed for bankruptcy protection, needing a U.S. government bailout to survive. Volkswagen AG was in ...