Fillings

Peregrine trustee hires team to trace missing money - NBCNews.com

07/25/12

Their task is to secure data and gather information, he said. Peregrine filed for bankruptcy on July 10, a day after the firm's CEO, Russell Wasendorf Sr., attempted suicide and left a signed note describing how he bilked customers of more than $100 ...

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Ex-Kodak Employees Blast Bonus Plan - Wall Street Journal

07/25/12

Former Kodak employees who fear for their pensions and other benefits are urging a bankruptcy judge to think of them and not rubber-stamp $8.8 million in executive bonuses. In letters filed to Kodak’s bankruptcy docket Wednesday, Richard ...

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Horton tells AP that he suggested US Airways merger first prior to bankruptcy - Fort Worth Star-Telegram

07/25/12

In an interview with the Associated Press, AMR chief executive Tom Horton said he was the one who suggested a combination with US Airways back in September, prior to American Airlines' parent company filing for bankruptcy. Horton also said that ...

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Dewey Docket Dump: Fees, “Incentive” Pay and a Looming Deadline - Wall Street Journal

07/25/12

Other court filings in the last week showed that Stephen Horvath, one of the two remaining Dewey partners helping to turn out the lights, has been paid $190,000 since the firm entered bankruptcy protection. Dewey’s estate also collected more ...

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Brazil’s Infinity Gets $75 Million, to Exit Bankruptcy Help - Bloomberg

07/25/12

Grupo Infinity filed a request in June to leave judicial recovery, which is similar to bankruptcy protection, after complying with two years of a restructuring plan, he said. The company has been unable to access low-cost government-financing ...

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MGM Holdings Eyes IPO - Hollywood Reporter

07/25/12

MGM Holdings, which has been focused on strengthening its financials after its 2010 Chapter 11 bankruptcy filing, said in a brief statement on Wednesday that it has filed a draft registration statement for a possible IPO. The company said that "it has ...

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Near-bankrupt San Bernardino targets bonds, retiree health - YAHOO!

07/25/12

In the past few weeks, it has declared a fiscal emergency and begun preparing for a bankruptcy filing, revealing a $45.8 million shortfall for the budget year that began this month. The timing of the proposal to suspend debt payments surprised ...

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University Study Finds Bankruptcy Filings Down 14% in First Half of 2012 - YAHOO!

07/25/12

As the "great recession" rumbles along, bankruptcy filings are down substantially in the first half of 2012. On the surface, this seems like the economic downturn is reversing, however, the opposite may be true. Frank Pipitone comments on a ...

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University Study Finds Bankruptcy Filings Down 14% in First Half of 2012 - PRWeb

07/25/12

As the "great recession" rumbles along, bankruptcy filings are down substantially in the first half of 2012. On the surface, this seems like the economic downturn is reversing, however, the opposite may be true. Frank Pipitone comments on a recent study ...

[more]

SB bankruptcy both inevitable, impossible - San Jose Mercury News

07/24/12

And last week, after the announcement of the city's bankruptcy filing, the feds at Housing and Urban Development said they will pursue their own investigation of how public money has been used in the city. Once again, as was the case during the ...

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