News

Bankruptcy filings down 4.7% in state - Milwaukee Journal Sentinel

07/18/12

Bankruptcy filings in Wisconsin continued to fall for the second consecutive year, but attorneys say the hangover from the economic downturn still is forcing some small-business owners to throw in the towel. Through the first six months of 2012 ...

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Years of Unraveling, Then Bankruptcy for a City - New York Times

07/18/12

This inland port on the San Joaquin River recently became the largest city in the country to declare bankruptcy, but evidence of its ... on the once-yellow fire hydrants faded to gray, in a case of stolen koi. “The police don’t respond ...

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The RoomStore in Newport News continues to take customer orders - Daily Press

07/18/12

The Richmond-based furniture chain filed for Chapter 11 bankruptcy in December, and on June 29 the company posted a letter on its website informing customers that all locations would close. Liquidation sales began at Newport News and Virginia Beach locations.

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Compton on brink of bankruptcy - Los Angeles Times

07/18/12

The situation is similar in other beleaguered cities, including San Bernardino, which voted last week to authorize a bankruptcy filing. Many of those cities relied on restricted funds to balance their books, obscuring their financial troubles.

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Peregrine CEO denies lavish lifestyle, assets to be sold - NBCNews.com

07/18/12

Regulators said more than $200 million is missing. That same day, Peregrine filed to liquidate under Chapter 7 of the U.S. bankruptcy code. CONDO, WINE FOR SALE Michael Eidelman, the receiver for Wasendorf in the bankruptcy of PFGBest, as his firm is known ...

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Morrison & Foerster Announces Leadership Change - Marketwatch

07/18/12

The Group's recent work includes an array of high-profile representations: lead bankruptcy counsel in the Chapter 11 of Residential Capital LLC and its subsidiaries, the largest case of 2012 and one of the largest and most complex bankruptcies ...

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Bankruptcy filings down 4.7% in state - Orlando Sentinel

07/18/12

Bankruptcy filings in Wisconsin continued to fall for the second consecutive year, but attorneys say the hangover from the economic downturn still is forcing some small-business owners to throw in the towel. Through the first six months of 2012 ...

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Peregrine CEO denies lavish lifestyle, assets to be sold - NBCNews.com

07/18/12

and the Wasendorf entities." The criminal case is USA v. Wasendorf, U.S. District Court, Northern District of Iowa, No. 12-131 The bankruptcy case is Peregrine Financial Group Inc, Case No. 12-27488 U.S. Bankruptcy Court, Northern District Of Illinois ...

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Y-ME files for bankruptcy with $500,000 or less in assets - Chicago Sun-Times

07/18/12

Y-Me National Breast Cancer Organization Inc. has filed for bankruptcy just days after abruptly closing ... It shut operations Thursday. The filing was signed by Maureen Durack, chairman of the group’s board and submitted by attorney Christine ...

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City of Compton may declare bankruptcy by September: officials - YAHOO!

07/18/12

The city council adjourned at 11 pm without discussing a potential bankruptcy filing. Compton Mayor Eric J. Perrodin also said he brought unspecified charges of "waste, fraud and abuse of public monies" to California officials, and had met with auditors ...

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