Liquidation

Reuters reports Hawker preparing for bankruptcy - KSN.com

03/29/12

WICHITA, Kansas --Reuters and other news organizations that Hawker Beechcraft is preparing to file for bankruptcy over the next few weeks. Hawker is negotiating a prearranged bankruptcy with its largest lenders, which include Centerbridge Partners ...

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Protecting Your Car in Chapter 7 or Chapter 13 Bankruptcy - 24-7PressRelease.com

03/29/12

The Bureau of Labor Statistics, a division of the U.S. Department of Labor, reports that the national unemployment rate was 8.5 percent at the end of 2011. This was a slight improvement from earlier in the year when unemployment hovered well above 10 percent.

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Local bankruptcies March 12-14, 2012 - Los Angeles Daily News

03/29/12

Here is a partial list of commercial bankruptcy filings in Los Angeles County, provided by Timely Info of Los Angeles. KQ Properties LLC, 8345 Reseda Blvd., Suite 222, Northridge; Chapter 7; document SV12-12329-VK; assets: N/A; debts: N/A; filed March 12.

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Reuters reports Hawker preparing for bankruptcy - KSN.com

03/28/12

WICHITA, Kansas --Reuters and other news organizations that Hawker Beechcraft is preparing to file for bankruptcy over the next few weeks. Hawker is negotiating a prearranged bankruptcy with its largest lenders, which include Centerbridge Partners ...

[more]

Howrey Dissolution Could Spark Litigation

03/28/12

Howrey LLP’s former top dogs could face lawsuits in the defunct law firm’s bankruptcy.

The Am Law Daily dug up court filings disclosing “an extensive review” of one ex-partner’s emails for the purpose of investigating “whether the estate has claims against members of the dissolution committee” related to the actions they took when winding down the once-prestigious firm.

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Ala county to default on new round of bonds - Associated Press

03/28/12

BIRMINGHAM, Ala. (AP) — Already saddled with the largest municipal bankruptcy in U.S. history, Jefferson County commissioners have voted to default on more than $15 million in bond payments due next week. Commission President David Carrington ...

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Ala county to default on new round of bonds - Associated Press

03/28/12

BIRMINGHAM, Ala. (AP) — Already saddled with the largest municipal bankruptcy in U.S. history, Jefferson County commissioners have voted to default on more than $15 million in bond payments due next week. Commission President David Carrington ...

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State Fair of Virginia property in Caroline County to be auctioned as part of bankruptcy case - Daily Press

03/28/12

A Richmond auction house will hold the sale in May.Continued losses forced the nonprofit group to liquidate this month under federal bankruptcy law. SFVA took on heavy debt while failing to curb spending, including paying outsize salaries to its ...

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The Daily Docket: Dodgers Sold for $2.15B

03/28/12

A group led by basketball star Magic Johnson won the Los Angeles Dodgers at a bankruptcy auction Tuesday, The Wall Street Journal reports.

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Austrian company reneges on Botetourt County plans - Roanoke Times

03/27/12

Now the deal looks to be dead in the water. On March 13, FCTech filed for Chapter 7 bankruptcy in the U.S. Bankruptcy Court in Roanoke. Chapter 7 bankruptcy involves liquidation of assets. David Moorman, deputy county administrator for Botetourt County ...

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