Liquidation

Allen Matkins Elects Yale Kim, Alain R'bibo and David Stone to Partnership - Business Wire

04/10/12

His practice focuses on bankruptcy case representation of creditors and litigation ... and representation of secured creditor rights in chapter 11 and 7 cases. For residential real estate matters, he assists clients with foreclosure defense litigation ...

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Ruling moves Tribune closer to bankruptcy exit - Yahoo Finance

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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Why athletes go broke: Too much spending, little liquidity - USA Today

04/10/12

according to a Chapter 7 bankruptcy filing in Fort Lauderdale, Fla. Other former athletes who have run into financial difficulty of late include Allen Iverson, Arantxa Sanchez Vicario and Lenny Dykstra. "These people are going broke for three ...

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Warren Sapp and Four Other Former NFL Players Who Are in or Near Bankruptcy - YAHOO!

04/10/12

Despite having earned millions during his time in the NFL with both the Tampa Bay Buccaneers and the Oakland Raiders, he has filed for Chapter 7 bankruptcy. Chapter 7 bankruptcy will lead to the liquidation of his assets to pay his creditors and some of ...

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Trustee seeks to hire an accountant for bankrupt Lebanon Township First Aid Squad - NJ.com

04/09/12

The suit was dismissed after the squad filed for bankruptcy. That happened six months after the Township Committee voted 3-2 on July 7, 2010, to adopt an ordinance that named the township’s fire department as the first responder for medical emergencies.

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Warren Sapp Files For Bankruptcy, Sad Trend For Athletes - CRAVE ONLINE

04/09/12

He currently owes more than $6.7 million to creditors and back child support and alimony, according to a Chapter 7 bankruptcy filing in South Florida. The court documents detail Sapp’s $6.45 million in assets which include nearly $6,500 worth of Jordan ...

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Florida Panthers Settle Rothstein Clawback

04/09/12
Getty Images
The Panthers’ Erik Gudbranson, #44, drops down to help goaltender Jose Theodore, #60, defend the net.

Showing that they have some claws, too

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Warren Sapp files for bankruptcy; assets include 240 pairs of Jordans - Chicago Sun-Times

04/09/12

according to a Chapter 7 bankruptcy filing in South Florida. Sapp’s $6.45 million in assets includes 240 pairs of Jordan athletic shoes worth almost $6,500, a $2,250 watch and a lion skin rug worth $1,200. He also reported losing his 2002 ...

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Ambassador Media Group Files For Chapter 7 Bankruptcy - NASDAQ

04/09/12

Ambassador Media Group, a New York publisher of yellow-pages directories, filed for Chapter 7 bankruptcy Friday, saying no payout is expected for unsecured creditors. The unsecured creditors are owed $3.5 million, most of which is due to a ...

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Westchester County Legislator Perez's debts discharged by court - LoHud.com

04/09/12

Bankruptcy Judge Robert D. Drain released Perez, 32, from all her dischargeable debts April 2. The Yonkers Democrat filed for Chapter 7 bankruptcy Dec. 28, just before taking office. As part of the discharge, Perez was required to take a ...

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