While three cities in California have filed for bankruptcy in the past few weeks, more filings are expected, according to CNNMoney. San Bernadino became the latest city in the state to file for bankruptcy protection, following Stockton and Mammoth Lakes.
While three cities in California have filed for bankruptcy in the past few weeks, more filings are expected, according to CNNMoney. San Bernadino became the latest city in the state to file for bankruptcy protection, following Stockton and Mammoth Lakes.
Until 2009, the generally accepted view among bankruptcy practitioners was that, in the event a debtor sought to sell collateral under a plan free and clear of liens, its secured creditor had a corresponding right to credit bid at the sale of such collateral.
A California law requires financially distressed municipalities to open talks with creditors as a way to avert a Chapter 9 bankruptcy filing, but negotiations may be skipped by declaring a fiscal emergency. On Monday, the city council will ...
Peregrine Chairman Russell Wasendorf Sr apparently attempted suicide on July 9 and was hospitalized. The case is: Peregrine Financial Group Inc, Case No. 12-27488 U.S. Bankruptcy Court, Northern District Of Illinois (Eastern Division)
NORCROSS, GA, July 13, 2012 /24-7PressRelease/ -- Orlando bankruptcy attorneys Clark & Washington believe it is important to educate Orlando residents about some of the differences between filing for personal bankruptcy through Chapter 7 and Chapter 13.
and now I am comfortable writing about the sale of patent assets being authorized by the Bankruptcy Court. Kodak’s motion was contested by Apple, Inc. (“Apple”) and FlashPoint Technologies, Inc. (“FlashPoint”) which have asserted ...
For those who are considering filing for bankruptcy in Knoxville, these numbers remind you that you are by no means alone. It can be very easy to feel isolated when you are facing personal bankruptcy in Knoxville. Many people worry about how others will ...
The bankruptcy filing also prevents property foreclosures, wage garnishments and vehicle repossession. By filing Chapter 13, homeowners can get caught up on their mortgage payments, discharge second mortgages, and reduce car payments.
Federal prosecutors in Los Angeles have entered a plea … Full Story »Plea deal entered in Dykstra bankruptcy fraud case KANSAS CITY, Mo. (AP) -- A Kansas man at the center of a large-scale marijuana case … Full Story »Report: Alleged pot dealer ...
