News

Philadelphia Orchestra officially emerges from Chapter 11 bankruptcy, concludes reorganization - Washington Post

07/31/12

PHILADELPHIA — The Philadelphia Orchestra is out of Chapter 11 bankruptcy. A month after a U.S. Bankruptcy Court judge approved its reorganization plan, The Philadelphia Orchestra Association announced Tuesday it has officially emerged from Chapter 11.

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Philadelphia Orchestra emerges from bankruptcy - St. Louis Post-Dispatch

07/31/12

The Philadelphia Orchestra has officially emerged from Chapter 11 bankruptcy. The Philadelphia Orchestra Association announced the news Tuesday. The orchestra says it's addressed more than $100 million in claims, debts and liabilities with a settlement of ...

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IRS Sells Young Buck Assets…to Young Buck? - Wall Street Journal

07/31/12

The auction was about two years in the making for the IRS, whose previous efforts to collect thousands of dollars in tax debt owed by Young Buck were thwarted by the rapper’s two bankruptcy filings. It finally got the go-ahead to sell such ...

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Law firm Dewey secures two extra weeks of bankruptcy funding - Reuters

07/31/12

Judge Martin Glenn in a court filing approved Dewey's request to extend its funding ... it is unlikely Dewey's lenders would continue to fund a Chapter 11 bankruptcy. That would likely force Dewey to convert its case to a streamlined liquidation ...

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Law firm Dewey secures two extra weeks of bankruptcy funding - Reuters India

07/31/12

Dewey & LeBoeuf on Tuesday secured an extra two weeks of funding for its bankruptcy, giving the defunct law firm some leeway in trying to convince former partners to accept a settlement and avoid what could be years of litigation. Judge Martin ...

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Law firm Dewey secures two extra weeks of bankruptcy funding - Reuters

07/31/12

Failing a robust settlement, it is unlikely Dewey's lenders would continue to fund a Chapter 11 bankruptcy. That would likely force Dewey to convert its case to a streamlined liquidation under Chapter 7, in which a court-appointed trustee would ...

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Law firm Dewey secures two extra weeks of bankruptcy funding - Reuters UK

07/31/12

Dewey & LeBoeuf on Tuesday secured an extra two weeks of funding for its bankruptcy, giving the defunct law firm some leeway in trying to convince former partners to accept a settlement and avoid what could be years of litigation. Judge Martin ...

[more]

Builders Supply files bankruptcy - Daily Astorian

07/31/12

A longtime company with hardware and lumber stores in Astoria and Gearhart has sidestepped a foreclosure auction on its two properties by filing a last-minute petition requesting Chapter 11 bankruptcy. Astoria Builders Supply and its sister ...

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Philadelphia Orchestra emerges from bankruptcy - Huffington Post

07/31/12

PHILADELPHIA — The Philadelphia Orchestra has officially emerged from Chapter 11 bankruptcy. The Philadelphia Orchestra Association announced the news Tuesday. The orchestra says it's addressed more than $100 million in claims, debts and ...

[more]