Fillings

REAL ESTATE: San Bernardino bankruptcy linked to foreclosure - Riverside Press Enterprise

07/12/12

That’s why we are seeing inland cities like San Bernardino filing or Chapter 9 bankruptcy protection, he said. Paul Herrera, a spokesman for the Inland Valleys Association of Realtors, said there’s no doubt cities have felt the squeeze from ...

[more]

PFG bankruptcy filing detailed - Waterloo Cedar-Falls Courier

07/12/12

WATERLOO --- As the human side of the Peregrine Financial Group drama continued to unfold Wednesday, the legal gears were beginning to grind at full force. The Wall Street Journal reported the federal government is looking into U.S. Bank's relationship ...

[more]

TEXT-Fitch:San San Bernardino, Calif. bankruptcy has no effect on cty's investment pool - Reuters

07/12/12

July 12 - The 'AAA/V1' fund credit and volatility ratings assigned to the San Bernardino County Investment Pool (CA) remain unaffected by the City of San Bernardino bankruptcy filing on July 11, 2012. The San Bernardino County Investment Pool is ...

[more]

Bills, few options mean bankruptcy for CA city - AP - msnbc.com

07/12/12

Penman said the city is likely to declare a financial emergency on Monday, but it was not clear when the formal bankruptcy filing would come. Marcus Nelson, owner of a local barber shop, wasn't surprised by the announcement, noting there are only three ...

[more]

Judge OKs financial reorganization for The Glebe, setting course for end of bankruptcy - Roanoke Times

07/12/12

Randall Robinson is president and chief executive officer of The Glebe, which is a subsidiary of Culpeper-based Virginia Baptist Homes, which was not part of the bankruptcy filing. “We’re exhilarated,” Robinson said of the confirmation.

[more]

Pre-bankruptcy Steps - jdsupra.com

07/12/12

In order to maximize the benefits of bankruptcy, you need to do it correctly. This entails filing for the suitable type of bankruptcy and following all instructions from your bankruptcy trustee. But many bankruptcy lawyers do not advise their clients on ...

[more]

California’s Municipal Bankruptcies Sign of Stigma Waning - Bloomberg

07/12/12

A bankruptcy filing can increase the cost of borrowing or make it more difficult to access the capital markets in the future, Lisa Washburn, a managing director at Municipal Market Advisors in Concord, Massachusetts, said yesterday.

[more]

Stockton Retirees Sue in U.S. Bankruptcy Court Over Benefits - Bloomberg

07/12/12

Before filing for bankruptcy, the city had announced it would be cutting retiree benefits as part of its plan to balance its budget. The bankruptcy case is In re Stockton, 12-32118, and the retirees lawsuit is In re Stockton 12-02302 ...

[more]

Patriot Coal Bankruptcy Highlights Disparity In Energy Sector - International Business Times

07/12/12

Patriot Coal Corp.'s (NYSE: PCX) bankruptcy filing this week highlighted the diminished demand for coal in the face of cheap natural gas, but experts don't expect the fossil fuel to go away entirely. U.S. coal usage fell to the lowest level ...

[more]

Botticelli May Aid Bankruptcy of Imprisoned Salander - Bloomberg

07/12/12

was represented by the gallery.) The only people who’ve received money from the gallery since the bankruptcy filing are lawyers, auctioneers and others involved with its unwinding. Kraken Investments, based in the Channel Islands, consigned ...

[more]