News

Lehman Bros. picks up the pieces - San Francisco Gate

07/14/12

While Lehman Bros.' bankruptcy filing - the largest ever in the United States - froze credit markets and plunged the economy into the deepest slump since the Great Depression, it didn't kill the company. On April 17, Lehman made its first payment to ...

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Business calendar — July 15 - Akron Beacon Journal

07/14/12

Wheaton Road, Akron. Breakfast, $6. Information: Jim Butler, 330-666-5630. International Referral Network, Akron West Chapter — 11:45 a.m., Rosemont Country Club, 3177 Rosemont Blvd., Fairlawn. Reservations: Bill Kirk, 330-237-1111. Thursday AmSpirit ...

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Bankruptcy Judge Will OK New Ownership For Tribune Co. - New York's PIX11 / WPIX-TV

07/14/12

After more than 31/2 years of bitter legal conflict, the judge inTribune Co.'s bankruptcy case said Friday that he will approve a plan to transfer ownership of the Chicago-based media company to a group of hedge funds and banks based in New York ...

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With Gambling in Decline, a Faded Reno Tries to Reinvent Itself - New York Times

07/14/12

1,700-room giant whose opening in 1995 was supposed to usher in a new golden age for the city — filed for Chapter 11 bankruptcy protection in late May. Its owners have said the filing will not affect operations, a pledge seemingly reinforced ...

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Baseball great Lenny Dykstra pleads guilty to federal bankruptcy fraud - CNN

07/14/12

In his bankruptcy filing, Dykstra listed assets of $24.6 million and overall debts of $37.1 million. Among the assets listed were two residences: a Ventura County mansion in Lake Sherwood Estates he had purchased from celebrity couple Janet and ...

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Lenny Dykstra Pleads Guilty To Bankruptcy Fraud, Money laundering - Huffington Post

07/14/12

LOS ANGELES -- Former All-Star outfielder Lenny Dykstra pleaded guilty Friday and could face 20 years in prison for hiding and selling sports memorabilia and other items that were supposed to be part of his bankruptcy filing. Dykstra ...

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Tribune finally wins court nod to exit bankruptcy - YAHOO!

07/14/12

(Reuters) - Tribune Co has won court approval to emerge from bankruptcy, more than 3-1/2 years after seeking Chapter 11 protection following a leveraged buyout that saddled the publisher of the Chicago Tribune and Los Angeles Times with too much debt.

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Atlanta Bankruptcy Firm Clark & Washington Explains How Chapter 7 and Chapter 13 Differ - AUTO-MOBI.info (press release)

07/14/12

Atlanta bankruptcy attorneys Clark & Washington wish to educate the public about some of the differences between filing for Chapter 7 and Chapter 13 bankruptcy. U.S. Bankruptcy Code allows for two primary personal bankruptcy filings: Chapter 7 and Chapter 13.

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Atlanta Bankruptcy Firm Clark & Washington Explains How Chapter 7 and Chapter 13 Differ - PR-USA.net

07/14/12

Atlanta bankruptcy attorneys Clark & Washington wish to educate the public about some of the differences between filing for Chapter 7 and Chapter 13 bankruptcy. U.S. Bankruptcy Code allows for two primary personal bankruptcy filings: Chapter 7 and Chapter 13.

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Authorities probe San Bernardino, city mulls bankruptcy move - Laredo Sun

07/14/12

(Reuters) - Authorities are investigating financially troubled San Bernardino , California, where the city council voted this week to approve a bankruptcy filing amid a claim by the city attorney that fraudulent accounting may have contributed to the city's problems.

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