News

Court expected to rule today on Hawker Beechcraft negotiation plan - The Business Journal

07/17/12

The U.S. Bankruptcy Court is expected to decide today whether Hawker Beechcraft Corp. Hawker Beechcraft Corp. Latest from The Business Journals Machinists oppose potential Hawker Beechcraft sale Machinists oppose potential Hawker Beechcraft sale ...

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Judge in St. Louis approves US Fidelis bankruptcy payout plan - St. Louis Post-Dispatch

07/17/12

Bankruptcy courts seldom shield nondebtors from future litigation. But Rendlen told a courtroom full of lawyers for the attorneys general of four states and creditors Monday that it was “essential” this time to preserve money for consumers. Without ...

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Court clears environmental appeal in Sparrows Point cleanup - Baltimore Sun

07/17/12

Tina Meyers, the Harbor Waterkeeper, said the environmental groups were pleasantly surprised by the ruling, as litigation is normally halted during bankruptcy proceedings. But she said it may help shorten the prolonged cleanup of the peninsula ...

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Court clears environmental appeal in Sparrows Point cleanup - Baltimore Sun

07/17/12

Tina Meyers, the Harbor Waterkeeper, said the environmental groups were pleasantly surprised by the ruling, as litigation is normally halted during bankruptcy proceedings. But she said it may help shorten the prolonged cleanup of the peninsula ...

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Bankruptcy Attorney Newport Beach Consultations Are $0 Offered By Zhou & Chini Orange County Bankruptcy Attorneys - YAHOO!

07/17/12

Most consumers that are looking to file would like to know what type of bankruptcy they qualify for, the most common is Chapter 7. When a consumer files a Chapter 7 Bankruptcy, there is no minimum or maximum amount of debt one can eliminate.

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Trustee insists Barclays should refund SemGroup margin call windfall - Tulsa World

07/17/12

and such funds should be returned for the benefit of the Litigation Trust and the lenders it represents." Whyte's filing is a separate case from the petition for Chapter 11 reorganization which SemGroup filed July 22, 2008, in U.S. Bankruptcy ...

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Shield husband's assets with LLC bankruptcy? - Yahoo Finance

07/17/12

I personally have debt because of the time and money I've invested into my business. I am considering filing bankruptcy on my own. I am married (for a second time) and we file joint returns, but all of the debt is mine personally (in my name only).

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Thomas: Pre-Bankruptcy Exemption Planning Survives And An IRA Is A Self-Settled Trust Or Similar Device - Forbes

07/17/12

NO. 95–595, at 361 (1977), reprinted in 1978 U.S.C.C.A.N. 5963, 6317 (“As under current law, the debtor will be permitted to convert nonexempt property into exempt property before filing a bankruptcy petition. The practice is not fraudulent ...

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San Bernardino, Calif., postpones fiscal emergency decision - msnbc.com

07/17/12

San Bernardino's revenue from sales taxes have also dropped and its overall revenue ... San Bernardino is the third city in the most populous U.S. state to seek bankruptcy protection in the last two months after Stockton and the ski resort city of Mammoth ...

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San Bernardino Postpones Emergency Vote on Bankruptcy - Bloomberg

07/17/12

Without an emergency, a new labor-backed state law requires a 60- to 90-day mediation with creditors including unions before a court filing. San Bernardino would become the third California city to enter bankruptcy this year, after Stockton and ...

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