Liquidation

Municipal-Bankruptcy Wave Drives a Need for Monitoring Bailout from GroundWork - PRWeb

07/19/12

SAN FRANCISCO , CA (PRWEB) July 19, 2012 GroundWork Inc., (http://www.gwos.com) the leading open platform for network, application and cloud monitoring, announced today that municipalities that have filed for bankruptcy are eligible to receive a full ...

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Pondering bankruptcy: What's at stake - Chicago Tribune

07/19/12

Should I file for Chapter 7? The total amount I owe is about $50,000 ... This could be the right time to start over and try to eliminate your prior debts through a bankruptcy. However, before you make that decision, you should know that filing ...

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Ca. city's fiscal emergency vote speeds bankruptcy - St. Louis Post-Dispatch

07/19/12

San Bernardino declared a fiscal emergency Wednesday night, allowing the city to avoid a lengthy mediation process and head straight to federal bankruptcy court. The City Council voted 5-2 to declare the emergency and file for Chapter 9 bankruptcy ...

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Bankruptcy filings down 4.7% in state - Milwaukee Journal Sentinel

07/18/12

Bankruptcy filings in Wisconsin continued to fall for the second consecutive year, but attorneys say the hangover from the economic downturn still is forcing some small-business owners to throw in the towel. Through the first six months of 2012 ...

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Bankruptcy filings down 4.7% in state - Orlando Sentinel

07/18/12

Bankruptcy filings in Wisconsin continued to fall for the second consecutive year, but attorneys say the hangover from the economic downturn still is forcing some small-business owners to throw in the towel. Through the first six months of 2012 ...

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ResCap eyes up to $17.8 million bankruptcy bonuses, payouts - Reuters

07/18/12

Ally on Wednesday said it will have paid the U.S. Treasury about $5.7 billion since February 2009, including the $134 million dividend payment. Taxpayers own about 74 percent of Ally, which did not file for bankruptcy. Ally put ResCap into ...

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UPDATE 1-ResCap eyes up to $17.8 mln bankruptcy bonuses, payouts - Reuters

07/18/12

Ally on Wednesday said it will have paid the U.S. Treasury about $5.7 billion since February 2009, including the $134 million dividend payment. Taxpayers own about 74 percent of Ally, which did not file for bankruptcy. Ally put ResCap into ...

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City of Compton may declare bankruptcy by September: officials - YAHOO!

07/18/12

(Reuters) - The City of Compton, a city of 93,000 people located on the outskirts of Los Angeles, must decide by September 1 whether to seek bankruptcy, according to its two most senior financial officials. Such a move would see it join a growing number of ...

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AMR has 2Q loss of $241M on bankruptcy costs - Miami Herald

07/18/12

Fares rose 7 percent over last summer ... American and AMR filed for bankruptcy protection in November after losing more than $10 billion since 2001. The company is seeking to cut labor costs and shed money-losing routes to return to ...

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LeBoeuf Retirees: Not Fans of Proposed Dewey Settlement

07/18/12
Reuters

So it’s been nearly a week since the team winding down the defunct law firm Dewey & LeBoeuf LLP 

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