News

Economist, business owners ponder San Bernardino's economic future - Redlands Daily Facts

07/15/12

SAN BERNARDINO - A regional economist and city business owners pondered the potential impacts the city's looming bankruptcy filing will have on the already distressed business climate and economy. City officials announced Tuesday they would be ...

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United States: SDNY Bankruptcy Court Holds That Venue Of Houghton Mifflin Case Is Improper, But Delays Transfer - Mondaq

07/15/12

On June 22, 2012, Judge Robert E. Gerber of the United States Bankruptcy Court for the Southern District of New York granted the U.S. Trustee's motion to transfer the chapter 11 cases of Houghton Mifflin Harcourt Publishing Company  and its affiliates to ...

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New York Bankruptcy Lawyer Jeff Peltz Sees Spark of Genius in Gary Busey's Bankruptcy - PRLog (free press release)

07/15/12

He has well under $40,000 in assets, making a chapter 7 filing a wise and prudent decision. States Atty Peltz, “Mr. Busey should be an inspiration to everyone considering chapter 7 bankruptcy because Busey did not let his life remain out of control.

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Tribune Wins Court Approval To Exit Bankruptcy - Huffington Post

07/15/12

The company has during its bankruptcy revamped management and sold the Chicago Cubs baseball team. Asset sales are expected to continue after the bankruptcy ends. Among those whose objections to the plan were overruled by Carey were the hedge ...

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Retiree facing pitfalls of Hawker bankruptcy - Wichita Eagle

07/15/12

The letter notified them that the company was discontinuing their payments as part of Hawker Beechcraft’s Chapter 11 bankruptcy, filed May 3. “Due to this filing and the application of federal bankruptcy law, we are not permitted to continue ...

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Bankruptcy Attorney Huntington Beach Ads Offer $0 Cost For Consultations To Consumers In Huntington Beach CA By Bankruptcy Attorney Zhou & Chini - YAHOO!

07/15/12

He is a graduate of UCLA and has been practicing law since 1999. Mr. Zhou has a wealth of experience in bankruptcy, civil litigation, family law, criminal law and unlawful detainers. Zhou and Chini Law Offices provide bankruptcy assistance to Orange County ...

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Bankruptcy Attorney Huntington Beach Ads Offer $0 Cost For Consultations To Consumers In Huntington Beach CA By Bankruptcy Attorney Zhou & Chini - PRWeb

07/15/12

Typically within a month after a bankruptcy petition is filed the filing person will have what's known as a 341 creditors meeting. At this meeting, the filing individual will be asked questions pertaining to the current financial situation and whether or ...

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Economic woes forcing cities to seek protection - News-Press

07/15/12

It was not the last. In the past three weeks, two cities have filed Chapter 9 bankruptcy papers, and a third is moving closer to filing: At a meeting last week, San Bernardino leaders acknowledged their city is insolvent after discovering just $ ...

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Bankruptcy choices highlight fiscal pain of cities nationwide [Los Angeles Times] - Businessweek

07/15/12

But municipal bankruptcy filings are likely to remain rare for a variety ... crashing property values and the disappearance of retailers that were vital to sales-tax revenue. Cities that had been scraping by suddenly found their bank accounts ...

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Bankruptcy choices highlight fiscal pain of cities nationwide [Los Angeles Times] - Businessweek

07/15/12

Directly up Interstate 81, the city of Scranton this month took the dramatic step of cutting all municipal pay to just $7.25 -- minimum wage ... a move that could help Scranton stave off bankruptcy. Experts expect Chapter 9 filings to remain ...

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