Liquidation

Kodak CEO's pay was reduced in 2011 - Democrat and Chronicle

04/20/12

For the 12 months leading up to Kodak filing for Chapter 11 bankruptcy protection ... the corresponding figures were $2 million in salary and bonuses and $1.7 million worth of stock. Co-president Philip Faraci received $817,000 in salary ...

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AL high court allows city bankruptcies to proceed - Associated Press

04/20/12

MONTGOMERY, Ala. (AP) — The Alabama Supreme Court paved the way for the city of Pritchard to move forward with a nearly 3-year-old filing for bankruptcy. The ruling released on Friday says cities don't need to have bond debt in order to declare bankruptcy.

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Dewey & LeBoeuf Said to Be Considering Bankruptcy - Bloomberg

04/20/12

Revenue for the 12 months through Feb. 29 grew 6 percent with an increase in billable value of 9.7 percent, according to the letter. Florida law firm Ruden McClosky PA won approval in bankruptcy last year to sell itself to Greenspoon Marder PA ...

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Bankruptcy filings drop slightly - The Business Journal

04/20/12

All of the remaining bankruptcies were filed under Chapter 7, which involves liquidation of most assets and discharge of most debts. No petitions were filed under Chapter 11 of the federal bankruptcy code, which is used primarily by businesses.

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US Airways makes deals with 3 AMR unions - Associated Press

04/20/12

They said Friday that a merger with US Airways Group Inc. is the best way to fix American, which filed for bankruptcy protection in November. The unions oppose American's plan to cut 13,000 union jobs and sharply cut labor costs to return to profitability.

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The Daily Docket: Judge Says Union’s Pension Stance Threatens Hostess

04/20/12
Agence France-Presse/Getty Images

The judge charged with determining whether Hostess Brands Inc.

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AMR reports 1Q loss of $1.66 billion [Tulsa World, Okla.] - Businessweek

04/20/12

"International performance was improved across all regions, with unit revenue in the Atlantic entity increasing by 9.7 percent in the first quarter ... the first quarter was its $1.4 billion in bankruptcy restructuring expenses -- $1.02 billion ...

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Orlando Bankruptcy Lawyers Clark & Washington Find Inspiration in Gary Busey's Bankruptcy Filing - PR-USA.net

04/20/12

Even Academy Award nominated actor Gary Busey has recently had to file for personal bankruptcy. According to public record, Busey filed for chapter 7 bankruptcy in California in February, 2012. The actor, known for his feature movie performances and recent ...

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Business digest - St. Louis Post-Dispatch

04/20/12

Another Roberts hotel files for bankruptcy • The Roberts Cos ... Revenue rose to $8.9 billion from $7.8 billion a year ago, trouncing the $7.6 billion predicted by analysts polled by FactSet. Earnings per share were 71 cents compared with ...

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bankruptcy attorney peabody ma - Victoria Advocate

04/19/12

In the long run, if you wish to gain a new financial rent on life, you are well advised to use the services of a bankruptcy attorney to handle your affairs in a Chapter 7 bankruptcy completing. If you are declaring for bankruptcy , hire the ...

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