News

Family Can't Move Into Their Home After Squatters File for Bankruptcy - ABC News

08/01/12

home for eight months have filed for bankruptcy, preventing an eviction from the sheriff's department. On July 12, a judge in Arapahoe County ruled that Veronica Fernandez-Beleta and Jose Rafael Leyva-Caraveo, the two people who were living in the home ...

[more]

Ally Financial reports loss on bankruptcy-related charge - Reuters

08/01/12

Aug 1 (Reuters) - Ally Financial Inc, the auto lender 74 percent owned by U.S. taxpayers, on Wednesday reported a second-quarter loss as it took a $1.2 billion charge related to the bankruptcy filing by its mortgage subsidiary. The Detroit-based ...

[more]

Philadelphia orchestra escapes bankruptcy - YAHOO!

08/01/12

The wind is at our back," Allison Vulgamore, the orchestra's CEO, told AFP. The Philadelphia Orchestra shocked the arts world in April 2011 when it filed for bankruptcy, demonstrating the depth and extent of the US recession. One of the so ...

[more]

Bankruptcy Attorney in Orange County CA Partners with Internet Marketing Experts to Strengthen an Already Strong Presence in Orange County. - YAHOO!

08/01/12

Bankruptcy filing in Orange County has been growing at a record pace due to ongoing financial struggles consumers are facing due to job losses and subprime home loans. While many Orange County residents consider filing bankruptcy, the need for a ...

[more]

Orchestra's final exit from bankruptcy - Philadelphia Daily News

08/01/12

Bankruptcy triggered a revamped contract with the Annenberg ... This is quite a list of complications we're dealing with." Litigation continues against a South Korean presenter that failed to make good on payments for two concerts in April ...

[more]

Orchestra's final exit from bankruptcy - Philadelphia Daily News

08/01/12

Bankruptcy triggered a revamped contract with the Annenberg ... This is quite a list of complications we're dealing with." Litigation continues against a South Korean presenter that failed to make good on payments for two concerts in April ...

[more]

Edison Sees Possible Generation Unit Bankruptcy, Nuclear Probes - Bloomberg

08/01/12

The unit may have to file for Chapter 11 bankruptcy protection, the company said in a filing with the U.S. Securities and Exchange Commission. The company is working to restructure about $3.7 billion in debt at Edison Mission, which has been ...

[more]

Worried about bonds and bankruptcies? - Marketwatch

07/31/12

But the list—especially in the wake of recent of bankruptcy filings in California—is seemingly getting shorter, the number of questions about such bonds is getting longer, and the job of figuring out which municipal bonds to consider as well ...

[more]

MGM Said to Plan a Buyout of Icahn’s Stake - New York Times

07/31/12

M.G.M. instead struck agreements with a number of creditors that allowed the company to file for a prepackaged bankruptcy, which shortened its stay in Chapter 11 protection. Under the terms of that filing, the film studio’s creditors ...

[more]