News

Kodak reorganizes, again, on its way out of bankruptcy - ABC News

07/11/12

The new organizational model could make further sales of business lines easier, said Daniel Tessoni, assistant professor of accounting at Rochester Institute of Technology. Earlier this year in its U.S. Bankruptcy Court filings, Kodak listed a ...

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Why Bankruptcy’s a Possibility for RIM, Technology Report by Leading Financial Newsletter Profit Confidential - Houston Chronicle

07/11/12

In the article “Bankruptcy Now a Possibility for RIM,” Cekerevac says ... Cekerevac notes that RIM’s shipment of phones for the quarter was only 7.8 million, as compared to 13.2 million BlackBerrys shipped during last year’s quarter, a drop of ...

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Chapter 11 Fees Set to Rise - Wall Street Journal

07/11/12

Chapter 11 is getting more expensive, but top-dollar attorney fees aren’t the reason…this time. Starting Nov. 1, it will cost a company $1,213 to file a Chapter 11 petition, or nearly $200 more than the current filing fees. The extra cash ...

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Kodak reorganizes, again, on its way out of bankruptcy - USA Today

07/11/12

The new organizational model could make further sales of business lines easier, said Daniel Tessoni, assistant professor of accounting at Rochester Institute of Technology. Earlier this year in its U.S. Bankruptcy Court filings, Kodak listed a ...

[more]

Judge Hints He'll Approve Tribune Bankruptcy Plan - NASDAQ

07/11/12

Tribune's bankruptcy exit plan puts newspaper publisher and broadcaster into hands of creditors The judge overseeing Tribune Co.'s Chapter 11 case disposed of two minor sticking points and indicated Wednesday he is prepared to sign off on the ...

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Kodak reorganizes, again, on its way out of bankruptcy - USA Today

07/11/12

The new organizational model could make further sales of business lines easier, said Daniel Tessoni, assistant professor of accounting at Rochester Institute of Technology. Earlier this year in its U.S. Bankruptcy Court filings, Kodak listed a ...

[more]

Chicago brokerage files for bankruptcy; fake PO box used, says source - Chicago Sun-Times

07/11/12

Late Tuesday, the company filed for Chapter 7 bankruptcy protection. The source, who is close to the investigation, said Wasendorf intercepted mailings from his company’s front-line regulator, the National Futures Association, to his bank.

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San Bernardino bankruptcy: Only $150,000 left in bank accounts - Los Angeles Times

07/11/12

"People are not going to work if they do not get paid,'' Penman said. By filing for Chapter 9 bankruptcy protection, a section of federal law for municipalities facing insolvency, the city will be able to renegotiate labor contracts, stall ...

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Peregrine client: ‘A potential bright spot’ in bankruptcy filing would put investors first for repayment - Des Moines Register

07/11/12

A Chapter 7 petition filed in U.S. Bankruptcy Court in Chicago by Peregrine Financial Group of Cedar Falls indicates that the company will have between $10,001 and $25,000 to distribute to customers and other unsecured creditors. The company ...

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Tribune bankruptcy: Judge may rule for company's plan this week - Los Angeles Times

07/11/12

U.S. Bankruptcy Judge Kevin Carey signaled that he will confirm a plan to end Tribune Co.’s epic bankruptcy case in an opinion he plans to release later this week. At a hearing in his Delaware court Wednesday morning, Carey presented two ...

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