Bankruptcy Blogs

Atlanta Businessman William Johnson’s Company Enters Bankruptcy

09/02/11

Grounded from his corporate jet and facing accusations fraud, an entity controlled by Atlanta businessman William B. Johnson filed for bankruptcy protection Friday.

Once the owner of the Ritz-Carlton Hotel chain, Johnson filed a Chapter 11 petition in U.S. Bankruptcy Court in Wilmington, Del., on behalf of a company that’s on the hook for a $15 million loan that the well-known entrepreneur used to buy a corporate jet.

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Survey: Six in 10 Restructuring Pros Predict Double-Dip

09/02/11

If you’re looking for economic optimism these days, you might not want to consult with those who focus on troubled companies.

A top restructuring industry trade group found that six in 10 of its members expect the economy to double dip within 18 months, according to a recent poll of its membership.

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The Broke and the Beautiful: Stephen Baldwin Edition

09/02/11

This week on The Broke and the Beautiful, Stephen Baldwin’s bankruptcy case has been canned, housewives are sweeping through the press, and both college and professional football are at the center of the bankruptcy spotlight.

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Owner of Waikiki Edition hotel files Ch. 11 bankruptcy

09/02/11

"The owner of The Waikiki Edition Hotel filed for Chapter 11 bankruptcy on Wednesday as executives from Bethesda-based Marriott International Inc. waited to take back management of the hotel. M Waikiki LLC said the filing would allow the company, which...

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Lesson of Buffett Deal for Banks: The Time to Act is Now

09/02/11

Investor's stake in the future of Bank of America shows a boldness that banks now lack.

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New York Giants Punt $300 Million Lehman Claim

09/02/11
Associated Press

The New York Giants football squad has punted its chance to have a $301.8 million claim against Lehman Brothers Holdings Inc.

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bezpieczne banki w polsce

09/02/11

Banki hipoteczne są instytucjami wyspecjalizowanymi w użyczaniu kredytów hipotecznych oraz refinansowaniu tej działalności na rynku kapitałowym za pomocą specjalnych papierów wartościowych, które posiadają swoje pokrycie w hipotekach zabezpieczających udzielnie pożyczki.
Konkurencyjność instytucji finansowych hipotecznych wypływa z faktu, iż mogą one dostarczać tańsze niż inni zobowiązania hipoteczne oraz szybsze i w wyższym stopniu skuteczne procedury pożyczkowe. Niższa cena kredytów hipotecznych realna jest ze względu na:

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Lack of Credit Scores in QRM Will Lead to the Wrong Choices

09/01/11

Unlike past federal guidelines, the QRM exemption does not include credit scores. Instead, it requires financial institutions to perform an inflexible manual review of derogatory factors in the borrower's credit report.

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Solyndra Shuts Down, Files for Bankruptcy

09/01/11

"An alternative energy company in Alameda County that was paid a visit last year by President Obama is closing up shop. Solyndra is shutting down its Fremont operation and is planning to file for bankruptcy, according to a statement from...

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Limiting Bank Size Poses Bigger Risks

09/01/11

The CapOne/ING transaction shows just how hard it is to take the abstract notion of bad big banks into the real world.

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