"First of all, it’s a “pro se” filing, which means there’s no attorney. Carvel could have done it herself, or perhaps she had a financial adviser prepare it. Even more strange is that Carvel declares assets of $32 million and... ... Read full article
"The Boise County Board of Commissioners announced Tuesday the county will file for Chapter 9 bankruptcy after losing a $4 million judgment over a proposed treatment center for teens." Read more here. ... Read full article
"Bankrupt Blockbuster Inc (BLOAQ.PK) plans to sell itself for a "pittance" and would be better off liquidating rather than left under the control of a hedge fund group, according to creditors of the movie-rental chain." Read more here. ... Read full article
It's official. Borders will be closing 200 of its superstores throughout the nation, including 35 here in California. The doomsday list includes the Pasadena location, the Century City Mall store, and the Howard Hughes Center store. Call me a ... Read full article
United States Second Circuit, 02/07/2011 DISH Network Corp. v. DBSD N. Am., Inc., No. 10-1175 Chapter 11 plan confirmed and designation of votes of DISH Network Corporation as "not in good faith" under section 1126(e) where: 1) bankruptcy ... Read full article
"The former treasurer of bankrupt Taylor, Bean & Whitaker Mortgage Corp, Desiree Brown, pleaded guilty on Thursday to conspiracy for one of the biggest fraud cases so far stemming from the U.S. mortgage meltdown." Read more here. ... Read full article
"A Las Vegas company that owns slot machine patents filed for bankruptcy Monday after accumulating millions of dollars in losses and engaging in litigation with shareholders and others. Legal iGaming Inc. filed for Chapter 11 reorganization in U.S. ... Read full article
"Loehmann’s, which filed for Chapter 11 for a second time last November, emerged Tuesday from bankruptcy and will keep its three remaining Orange County stores open. Loehmann’s also announced that Joe Melvin, the retailer’s CFO and COO, assumed the ... Read full article
Financially distressed same-sex CA married couple goes straight into bankruptcy by filing a joint Chapter 13 petition in the Los Angeles Division of the U.S. Bankruptcy Court for the Central District of California, on February 24, 2011. In re Balas... ... Read full article
"Former Chicago Bears safety Dave Duerson, who committed suicide last Thursday in Sunny Isles Beach, Fla., had filed for voluntary personal bankruptcy last September in a case that was still pending." Read more here. ... Read full article
"Mesa Air Group said Tuesday it is officially unbankrupt. Actually, what it said was that its plan of reorganization took effect Tuesday, allowing it to exit Chapter 11 bankruptcy proceedings after 14 months as a much smaller, but it hopes,... ... Read full article
