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RG Steel judge asked to allow environmental appeal - AP - msnbc.com

06/25/12

Bankruptcy filings routinely bring a halt to all litigation involving the debtor, but environmentalists are asking the judge to lift the automatic stay so they can pursue an appeal they filed just a few weeks before RG Steel's bankruptcy filing.

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Ritz Camera, Proex file for bankruptcy — again - The Business Journal

06/25/12

Ritz closed 19 Minnesota stores in 2009 following its first bankruptcy filing. Edina-based Proex Photo Systems was sold to Ritz in 2001 following the Chaper 11 bankruptcy filing of Proex's parent, Atlanta-based Wolf Camera Inc. There were 35 ...

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Ritz Camera files for bankruptcy protection - The Business Journal

06/25/12

Ritz Camera & Image could close some of its stores following last Friday's filing for Chapter 11 bankruptcy protection. The Denver Business Journal reported that it's not Ritz's first experience with bankruptcy. The photo retailer had 800 stores ...

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Houghton Mifflin Harcourt Emerges from Bankruptcy - Mediabistro.com

06/25/12

Thirty-two days after filing a pre-packaged bankruptcy to redistribute the company’s $3.1 billion in debt, Houghton Mifflin Harcourt has emerged from bankruptcy. CEO Linda K. Zecher had this statement: “We have achieved our financial restructuring ...

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Stockton faces end of mediation, weighs bankruptcy - Boston Globe

06/25/12

“The whole purpose of filing Chapter 9 is to avoid an uncontrolled chaotic situation,’’ he said. “Bankruptcy provides the equivalent of a pause button. It retains services and provides structure so you don’t have a bunch of lawsuits.’

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Filing for Bankruptcy May Permit Discharge of Tax Debt - PR-USA.net

06/25/12

Contrary to popular belief, death and taxes are not equally certain. In bankruptcy, a debtor may be able to discharge certain kinds of tax liabilities under some circumstances. These liabilities include not only taxes, but also penalties on failure to pay ...

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Vote Tuesday could send Stockton to bankruptcy court - Sacramento Bee

06/25/12

In an effort to avert a bankruptcy filing, Stockton held last-minute negotiations to seek concessions from bondholders, employee unions and retirees. The city manager is scheduled to tell the City Council on Tuesday whether sufficient savings ...

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Business Bankruptcies - Minneapolis Star Tribune

06/24/12

This is a list of recent business-related bankruptcies filed in U.S. Bankruptcy Court in Minneapolis and St. Paul. The number after the filing date is the case number. A Chapter 7 petition is for liquidation of the business; Chapter 11 (or ...

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06/25: Bankruptcies - Orlando Sentinel

06/24/12

Central Florida individuals and businesses that have filed for liquidation under Chapter 7 of the U.S. Bankruptcy Code include: Shiobhan's Cheveux Salon, Spa and More Inc., doing business as Shiobhan Charles Salon, 595 W. Church St., Unit G ...

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Stockton Bankruptcy Looming: City Faces End Of Mediation - Huffington Post

06/24/12

"The whole purpose of filing Chapter 9 is to avoid an uncontrolled chaotic situation," he said. "Bankruptcy provides the equivalent of a pause button. It retains services and provides structure so you don't have a bunch of lawsuits." If the city ...

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