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US Airways CEO says American can't reverse market share decline via bankruptcy, needs merger - Minneapolis Star Tribune

06/14/12

American's parent, AMR Corp. filed for bankruptcy protection on Nov. 29. It's CEO, Tom Horton, has repeatedly said he wants his airline to emerge from bankruptcy before considering a merger. Parker hasn't been that patient. He stuck a deal with ...

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Residential Capital Files Bankruptcy: Part 2 of 2 - jdsupra.com

06/14/12

In Part 1 of this series, we discussed the circumstances leading to the bankruptcy filing of Residential Capital (ResCap), a residential mortgage loan originator and a subsidiary of Ally Financial Inc. (formerly GMAC.) In anticipation of the bankruptcy ...

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The Oklahoma Bankruptcy Lawyers at Atkins & Markoff Alert Public to Results of … - YAHOO!

06/14/12

The paper concluded that millions of Americans who would have filed for bankruptcy protection before the new bankruptcy reform law was passed in 2005 have not done so because of the additional requirements and costs involved. The Oklahoma bankruptcy ...

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Frisco Square properties in bankruptcy [The Dallas Morning News] - Businessweek

06/14/12

June 14--After defaulting on loans on the project earlier this year, real estate investor Behringer Harvard has put properties it owns in the Frisco Square complex under bankruptcy protection ... which was filed in Collin County on Wednesday.

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U.S. judge will not enforce Mexican glassmaker restructuring - Reuters

06/13/12

... on Wednesday to enforce part of a Mexican court's bankruptcy reorganization of glassmaker Vitro, which has been bitterly opposed by U.S. hedge funds that hold its debt. Vitro, which filed for bankruptcy protection at the end of 2010 after ...

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Vitro Bondholders Defeat Bankruptcy Plan Enforcement in U.S. - Bloomberg

06/13/12

U.S. Bankruptcy Judge Harlin DeWayne Hale in Dallas today denied Vitro’s request to enforce the plan following a hearing last week on whether the proposal should be recognized in the U.S., according to a court filing today. Hale said the Vitro ...

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Hart bankruptcy filing shows IRS has been garnishing entire legislative salary - The Spokesman-Review

06/13/12

When the state of Idaho made out its paychecks for tax-protesting state Rep. Phil Hart twice a month for the past seven years, the money didn't go to Hart - it went straight to the IRS. That's what Hart reported in documents filed this week in ...

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Moody's bracing for default by city of Stockton, California - msnbc.com

06/13/12

The law requiring mediation was approved in response to Vallejo, California's controversial bankruptcy filing in 2008. Vallejo emerged from bankruptcy last year. Stockton's restructuring plan includes mediation and, to the shock of many in the U.S ...

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Ohio man sentenced in $17 million Amish fraud case - CBS News

06/13/12

He operated an investment business that filed for bankruptcy protection two years ago. About 2,700 people and entities, including an Amish community loan fund, lost about $16.8 million over the past six years, the government said. "This was ...

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Irish property pair seek to file for bankruptcy in UK - The Guardian

06/13/12

The couple, from Killiney, Co Dublin, have relocated to a town house a stone's throw from Westminster to facilitate the filing for bankruptcy here. Bankrupts face only a year in financial purdah in Britain, compared with 12 years in Ireland. The O'Donnells ...

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