Fillings

Betsey Johnson Readies Bankruptcy Filing - Wall Street Journal

04/26/12

Fashion designer Betsey Johnson's company has prepared a filing for bankruptcy protection, and is expected to file it as early as Thursday night in New York, a person familiar with the matter said. The expected filing by Betsey Johnson LLC ...

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American Pursued ‘Limp-Along’ Strategy Before Bankruptcy - Businessweek

04/26/12

AMR Corp. (AAMRQ) (AAMRQ)’s American Airlines pursued a “limp-along” strategy before filing for bankruptcy as it sought to cut costs and turn around the carrier, an executive for the company said in court. American’s earlier negotiations ...

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UPDATE 4-Ally says may put mortgage unit in bankruptcy - Reuters India

04/26/12

Sources familiar with the matter said Ally is preparing for a possible bankruptcy filing for ResCap, and that there is pressure to get the filing completed before mid-May, when unsecured notes come due for the unit. On the conference call ...

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AMR labor needs shifted after bankruptcy: executive - Reuters

04/26/12

Testifying at a court hearing on AMR's request to abandon its labor deals, Jeff Brundage said the concessions AMR asked of its unions before its bankruptcy filing would not have "allowed us to be a viable enterprise." Brundage was addressing ...

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Harrisburg City Council Attorney Says He’s Being ‘Ganged Up Upon’ - Wall Street Journal

04/26/12

Tom Corbett, placed the city in Chapter 9 bankruptcy protection late last year. A bankruptcy judge twice threw out the filing, so Schwartz appealed to the district court. Judge Sylvia Rambo upheld the bankruptcy court’s ruling, which dismissed ...

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California Wow comes up lame in bankruptcy filing - Bangkok Post

04/26/12

Members of the embattled health club California Wow Xperience will have to wait for legal proceedings in the Central Bankruptcy Court before seeking damages or claims, says the Consumer Protection Board. If the court declares the company bankrupt, then ...

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Harrisburg Mayor Linda Thompson seeks damages from City Council attorney over bankruptcy appeal - PennLive.com

04/26/12

Every penny expended for legal fees by the city to defend the unauthorized bankruptcy filing followed by the frivolous appeals is harmful to the city." Bankruptcy Judge Mary France dismissed council’s bankruptcy petition Nov. 23 and Schwartz ...

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Dems, unions pushing new local government bankruptcy bill - Sacramento Bee

04/26/12

Although a new law to govern bankruptcy filings by local governments is just four months old, Democratic legislators and labor unions are lining up behind a major revision that local officials say would tilt the playing field. In the aftermath of Vallejo's ...

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Gov't housing programs lift gov't-owned Ally in 1Q - CBS News

04/26/12

The lender, based in New York, appears to be weighing a bankruptcy filing for a battered mortgage division that holds old, souring loans. Ally's net income jumped to $310 million in the three months ended March 31 from $146 million in the same ...

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Federal Judge, ‘Like So Many Others,’ Files for Bankruptcy - Wall Street Journal

04/26/12

The asking price: about $1.2 million. Judge Wright listed assets of $833,426 and liabilities of $895,292 at the time of his Chapter 7 bankruptcy filing late last year. Between his home and his Mini Cooper, Wright said in the filing he owed ...

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