Fillings

Largest municipal bankruptcy filed - United Press International

06/30/12

STOCKTON, Calif., June 30 (UPI) -- Stockton, Calif., Mayor Ann Johnston said the city filing for bankruptcy would put the municipality back on its feet and protect its citizens. "This is what we must do to get our fiscal house in order and ...

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Largest municipal bankruptcy filed - United Press International

06/30/12

STOCKTON, Calif., June 30 (UPI) -- Stockton, Calif., Mayor Ann Johnston said the city filing for bankruptcy would put the municipality back on its feet and protect its citizens. "This is what we must do to get our fiscal house in order and ...

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Trustee objects to advisers in Dewey bankruptcy - comcast.net

06/30/12

Dewey, the trustee's filing said, sought to employ both firms to advise ... Albert Togot of Togut, Segal & Segal is serving as Dewey's primary bankruptcy counsel. Togut did not immediately respond to a request for comment. Davis also objected ...

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How to know when it's time to declare bankruptcy - FOX News

06/30/12

In today’s economy, however, personal bankruptcy filings are no longer seen as a kiss of death to your credit worthiness. These filings have become an acceptable last-ditch effort to help you organize your debt, and free you from years and ...

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Philly Orchestra to emerge from bankruptcy - United Press International

06/30/12

"Had that occurred, it would have been a great loss for Philadelphia, the region, and the music world." The bankruptcy filing allowed the orchestra to get pay concessions from its musicians, to hand off its pension obligations to a federal ...

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AMR Said to Seek Extension to File Bankruptcy Plan - Bloomberg

06/29/12

Horton said this month that the struggle to obtain labor concessions was the biggest threat to his target to have AMR leave bankruptcy in 2012, after filing for court protection on Nov. 29. AMR’s plan calls for cutting $2 billion from annual ...

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Apple filing could delay Kodak patent sale - in.news.yahoo.com

06/29/12

Kodak is trying to sell it fast, and remain in compliance with a $950 million bankruptcy loan. But in a filing with the U.S. District Court in Manhattan, Apple said the dispute should be reviewed by a jury in a federal district court, not as Kodak wishes ...

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Solyndra asks Delaware judge for more time to file bankruptcy plan - Washington Post

06/29/12

DOVER, Del. — A California-based solar panel manufacturer that received a half-billion dollar loan from the federal government before filing for bankruptcy protection is asking for more time to file a reorganization plan. An attorney for Solyndra LLC ...

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Stockton Threatens to be First City to Stiff Bondholders - Bloomberg

06/29/12

Since at least 1981, and possibly as far back as the 1930s, no U.S. municipality has used bankruptcy to force bondholders to take less than the full principal due, according to experts and court records. Before the June 28 court filing ...

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Canada Personal Bankruptcy Filings Fall Nearly 16 Percent in 2011 - PR Inside

06/29/12

Personal Bankruptcy Canada: As of the quarter ending December 31, 2011, total consumer insolvencies decreased from 135,008 in 2010 to 122,999 in 2011, a decrease of 8.9%. Overall, bankruptcies in Canada were down 15.9 percent, while consumer proposals were ...

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