Liquidation

Bankruptcy Reorganizations Increasingly Utilized by Commercial Real Estate Loan Borrowers - YAHOO!

04/11/12

The automatic stay resulting from the bankruptcy petition filing will buy time for the borrower ... “More and more loans financed on a short-term basis of 5 to 7 years are maturing, but lowered property values are a barrier to refinancing,” he said.

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US Bankruptcy Court hearing set Wednesday for Wilder's debt-ridden Slavery Museum - Daily Press

04/11/12

(AP) — Representatives of the U.S. National Slavery Museum are heading back to U.S. Bankruptcy Court as they attempt to ... in Richmond on the museum's efforts to dig out from $7 million in debt. Wilder's attorney in the proceedings, Sandra ...

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Fuel company files Chapter 7 bankruptcy - Kennebec Journal

04/10/12

SOUTH CHINA -- Linda Martin figures she's probably out the roughly $800 she paid Pinkham's Corner Fuel this winter for heating oil she didn't get, but still counts herself among the lucky ones. Recent examples of oil dealers taking money from ...

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OneUnited Bank questions Roxbury church bankruptcy - Boston Herald

04/10/12

OneUnited said that’s more than enough to cover $4.7 million that it’s owed ... is a proper ‘debtor’ ” that’s even entitled to bankruptcy protection. Charles Street filed Chapter 11 last month to block OneUnited — the largest U.S. black ...

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Whatcom bankruptcies for first quarter down slightly from previous year - Bellingham Herald

04/10/12

In March Whatcom County had 72 bankruptcies, more than 80 percent of which were Chapter 7 personal filings, with the rest being Chapter 13 reorganization filings. Across the Seattle district, 1,333 bankruptcy filings took place last month ...

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The other MF Global money mystery: trustee's fees - Reuters

04/10/12

"It's just not the way bankruptcy works. Trustees have to be paid." The coalition is still trying to reduce the cost of the case by other means, most notably by pushing to convert it to a more streamlined liquidation under Chapter 7 of the ...

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Tampa Bankruptcy Firm Clark & Washington Recants Larry King’s Bankruptcy Success Story to Inspire - PRLog (free press release)

04/10/12

The Tampa bankruptcy attorneys at Clark & Washington specialize in personal bankruptcy, including Tampa chapter 13 and chapter 7. For more information about Tampa bankruptcy or to schedule your free consultation, please visit Clark & Washington online at ...

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Repayment order for creditors set in Tribune Co. bankruptcy - Chicago Tribune

04/10/12

Maps 435 N Michigan Ave, Chicago, IL 60611, USA That could blunt one line of attack against the company's bankruptcy plan, which could once again come under fire from noteholders when Carey is asked to approve it at a June 7 hearing.

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Ruling moves Tribune closer to bankruptcy exit - msnbc.com

04/10/12

That could blunt one line of attack against the company's bankruptcy plan, which could once again come under fire from noteholders when Carey is asked to approve it at a June 7 hearing. "This puts us on a flight path to successful emergence," said David ...

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Ruling moves Tribune closer to bankruptcy exit - Reuters

04/10/12

That could blunt one line of attack against the company's bankruptcy plan, which could once again come under fire from noteholders when Carey is asked to approve it at a June 7 hearing. "This puts us on a flight path to successful emergence ...

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