Fillings

Ex-Mets OF Dykstra enters plea agreement in bankruptcy fraud case - CBS Sports

06/27/12

Prosecutors said that after filing for bankruptcy, Dykstra hid, sold or destroyed more than $400,000 worth of items without permission of a bankruptcy trustee. Dykstra is currently serving a three-year prison sentence after pleading no contest to grand ...

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Stockton bankruptcy is hard hit for city retirees - YAHOO!

06/27/12

In Stockton, pensions will not be affected by a bankruptcy filing, but health benefits for employees and retirees will. There are about 2,400 retirees in the city and slightly less than half of them receive medical benefits. The unfunded liability for ...

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Lubavitch Chabad files for bankruptcy - Chicago Tribune

06/27/12

But both processes take time, he said. The bankruptcy filing grants Chabad that time. Benhiyoun would not disclose the name of the donor. Rabbi Menachem Mendel Schneerson, the grand rebbe of Chabad, a Hasidic movement focused on education and ...

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Stockton largest US city to file bankruptcy - Cape Cod Times

06/27/12

"Filing bankruptcy is time-consuming, expensive and complicated," said Spiotto, noting that Vallejo spent millions of dollars alone on attorneys and other bankruptcy professionals. "And you never get the results you desire." That's why experts ...

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Bankruptcy’s SOFA: Let’s Look under the Cushions - jdsupra.com

06/27/12

The reason we kill so many trees with each bankruptcy filing is that the court requires a large amount of information. You may think that all you need to disclose is your debts and you are off to the races. However, there is going to be more required ...

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Stockton set to declare bankruptcy - Santa Rosa Press Democrat

06/27/12

Stockton was the seventh U.S. municipality to file this year and the first California city since Vallejo, which sought protection in 2008, according to James Spiotto, a Chicago bankruptcy attorney who tracks municipal bankruptcies. "Filing ...

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A Third Way Between a Bankruptcy Filing and Bailout - Wall Street Journal

06/27/12

There are a number of key assertions that deserve clarification in your editorial "The Dodd-Frank Downgrade" (June 23). When confronting the failure of a large, complex financial institution, the Dodd-Frank Act requires that the first option is the ...

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What Stockton says about muni bond market - InvestmentNews

06/27/12

Stockton, Calif.'s bankruptcy filing will allow it to get out from under mountains of debt and costly union contracts, but is not indicative of the financial health of other municipal bond borrowers around the country. “Stockton was heading in ...

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Stockton to be largest US city to file bankruptcy - MSN Money

06/27/12

"Filing bankruptcy is time-consuming, expensive and complicated," said Spiotto, noting that Vallejo spent millions of dollars alone on attorneys and other bankruptcy professionals. "And you never get the results you desire." That's why experts ...

[more]

Stockton to Become Largest U.S. City to File for Bankruptcy - Boston Globe

06/27/12

If the Stockton bankruptcy does go through, it will be the largest city bankruptcy filing, beating out Orange County, CA which filed in 1994, and Jefferson County in Alabama — currently the largest local government bankruptcy filing in terms ...

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