Sino-Forest, the Chinese forestry company plagued by accusations of overstating its assets, intends to file for bankruptcy protection and sue research group Muddy Waters for $4bn in damages over the claims of fraud that preceded its failure. The group ...
SPRINGFIELD, Mo. -- The owner of several area restaurants faces major gambling debts, which appears to be a major reason that he filed for bankruptcy this month. Bruce Swisshelm operated a variety of restaurants including the now-closed Fog City ...
The Board of Directors of the Company has also authorized the filing of a voluntary petition under Chapter 15 of title 11 of the United States Bankruptcy Code to seek recognition and enforcement in the United States of the Initial Order ...
Wall Street remains wary and rumors are heightening about a potential Chapter 11 bankruptcy filing in the wake of Hawker Beechcraft’s announced agreement with lenders that provides a short-term reprieve from upcoming interest payments.
Wall Street remains wary and rumors are heightening about a potential Chapter 11 bankruptcy filing in the wake of Hawker Beechcraft’s announced agreement with lenders that provides a short-term reprieve from upcoming interest payments.
Wall Street remains wary and rumors are heightening about a potential Chapter 11 bankruptcy filing in the wake of Hawker Beechcraft’s announced agreement with lenders that provides a short-term reprieve from upcoming interest payments.
according to bankruptcy court filings. The potential buyer, The Gladden Corporation of Burlingame, would buy the property if it has permission to build a senior care community, according to the commercial agreement on file with the federal bankruptcy court.
Wall Street remains wary and rumors are heightening about a potential Chapter 11 bankruptcy filing in the wake of Hawker Beechcraft’s announced agreement with lenders that provides a short-term reprieve from upcoming interest payments.
The bankruptcy filing lists the Swisshelms’ assets at $7.62 million, but they have liabilities of $17.6 million. The Swisshelms owe money to more than 100 creditors, and reported their monthly income at $548, with monthly expenses of $4,209.
"Consumers and businesses in district states saw a fairly significant decline in the number of bankruptcy filings last year," the Fed's Ron Wirtz writes. " Every state saw a drop..." Here are the Fed's charts: Chapter 7 is a liquidation where the trustee ...
