Liquidation

VICTORVILLE - Victor Valley Community Hospital has filed for Chapter 11 bankruptcy protection in large part because ... In the past year, the number of Medi-Cal patients it served has increased 7 percent to 40 percent, Sullivan said.

The city of Stockton, Calif., filed for Chapter 9 protection, The Wall Street Journal reports.

MF Global is proving to be catnip for distressed-debt buyers, according to a new report showing that more than $246 million of the failed brokerage’s debt changed hands last month. Read the Daily Bankruptcy Review article here.

The company, lured to Rhode Island from Massachusetts in 2010 by a $75 million loan guarantee approved by a state agency, laid off its entire workforce in Rhode Island and Maryland last month and filed for Chapter 7 bankruptcy protection on June 7.

About $7 million in savings would come from cutting retiree medical benefits for one year. The retiree medical benefits will be eventually eliminated. Stockton becomes the nation's most populous to file for Chapter 9 bankruptcy. But Jefferson ...

About $7 million in savings would come from cutting retiree medical benefits for one year. The retiree medical benefits will be eventually eliminated. Stockton becomes the nation's most populous to file for Chapter 9 bankruptcy. But Jefferson ...