Liquidation

Six Months Into Alabama County Bankruptcy, Services Fray - Businessweek

05/08/12

Jefferson filed for bankruptcy in November after lawmakers failed to deliver ... At night, four men sleep in 10-by-7 foot cells built for one. “That’s my mat and that’s my space there,” said Terry Joe Allen, 32, who was in jail for ...

[more]

Cherry Hill Attorney Co-Edits for NJ CLE Bankruptcy Practical Skills Series - Courier-Post

05/08/12

... a manual designed to provide a basic and practical guide through the bankruptcy process in the District of New Jersey. The manual reviews the practice under Chapters 7, 13, and 11 of the Bankruptcy Code, as well as the history and actions ...

[more]

Subway store owner Hade files for Chapter 7 - The Business Journal

05/08/12

Gregg Hade, owner of two closed Subway sandwich shops in Broward County, has filed for Chapter 7 bankruptcy liquidation. Hade owned stores in Lauderdale-by-the-Sea and in Pompano Beach, which he closed on March 26. He faced two lawsuit ...

[more]

Six Months Into Alabama County Bankruptcy, Services Fray - Bloomberg

05/08/12

Jefferson filed for bankruptcy in November after lawmakers failed to deliver ... At night, four men sleep in 10-by-7 foot cells built for one. “That’s my mat and that’s my space there,” said Terry Joe Allen, 32, who was in jail for ...

[more]

Six Months Into Alabama County Bankruptcy, Services Fray - Bloomberg

05/08/12

Jefferson filed for bankruptcy in November after lawmakers failed to deliver ... At night, four men sleep in 10-by-7 foot cells built for one. “That’s my mat and that’s my space there,” said Terry Joe Allen, 32, who was in jail for ...

[more]

Providence Bankruptcy Decision Looms - 24-7PressRelease.com

05/08/12

The mayor and city managers are looking at bankruptcy as a last resort to restore the city's fiscal health. PROVIDENCE, RI, May 08, 2012 /24-7PressRelease/-- The city of Providence is seriously considering its options in the wake of a $20 million budget deficit.

[more]

Bankruptcy doesn't affect Betty's Pies flagship shop - Minneapolis Star Tribune

05/07/12

A Chapter 7 filing permits a liquidation of assets under the U.S. Bankruptcy Code. Martha Sieber and a co-partner, Carl Ehlenz, opened a Betty's Pies outlet in Mahtomedi in 2008, but the store closed late last year after a Washington County ...

[more]

Ally Said to Receive Treasury Assent on ResCap Bankruptcy - Bloomberg

05/07/12

Detroit-based Ally, formerly known as GMAC, confirmed last month that ResCap is considering bankruptcy and said Ally’s loss ... held by a trust for General Motors Co. (GM) and 8.7 percent owned by Cerberus Capital Management LP, the New ...

[more]

Bankruptcy of Denmark’s Cimber Sterling will leave no long-lasting network gaps - Centre for Asia Pacific Aviation (subscription)

05/07/12

It called Cimber Sterling’s bankruptcy “deeply regrettable" and said that is working ... Copenhagen airport In 2012, the airport reported a 5.7% increase in passenger traffic on 2010 to 22.7 million and a 3.2% increase in revenue to DKK3.3 billion ...

[more]

Mortgage investors rebuffed in WaMu bankruptcy - Yahoo Finance

05/07/12

Under a reorganization plan approved by the judge earlier this year, some $7 billion will be distributed to creditors, including significant recoveries for shareholders, who often are left with nothing in bankruptcy cases. The plan is based on ...

[more]