On July 6, 2012, Dynegy filed a voluntary petition for relief under Chapter 11 of the Bankruptcy Code. This filing is necessary to facilitate the restructuring of Dynegy Holdings, LLC (DH), which had filed for bankruptcy protection on Nov. 7 ...
Patriot Coal sues Keystone Industries for breach of contract Patriot’s Engelhardt to earn 5,000 salary as CEO Follow this company has secured financing ahead of filing for bankruptcy, which it may do as early as today, Bloomberg reports.
Once you’ve gotten in over your head with debt and decided it’s time to file for bankruptcy, you then will have to determine which debt-protection plan you will enter. For individuals they often chose Chapter 13 or Chapter 7, but before ...
Patriot Coal Corp. (PCX), the U.S. fuel producer that has lost more than $7 billion in value, has lined up financing ahead of a bankruptcy filing that may come as soon as today, said two people with knowledge of the matter. The so-called debtor ...
Patriot Coal Corp. (PCX) (PCX), the U.S. fuel producer that has lost more than $7 billion in value, has lined up financing ahead of a bankruptcy filing that may come as soon as today, said two people with knowledge of the matter. The so-called ...
Patriot Coal Corp. (PCX), the U.S. fuel producer that has lost more than $7 billion in value, has lined up financing ahead of a bankruptcy filing that may come as soon as today, said two people with knowledge of the matter. The so-called debtor ...
Michael J. Daly, 56, of West Simsbury will be sentenced Tuesday after pleading guilty in September to one count of embezzlement in which he admitted stealing $11,100 from a bankruptcy case involving Lehman Brothers. In exchange for that plea ...
A media representative for the Bankruptcy Law Center today announced the firm is now accepting California Chapter 7 Bankruptcy cases. Chapter 7 is also known in legal circles as "liquidation" or "straight bankruptcy" and it is one of the simplest forms of bankruptcy.
The federal agency that oversees bankruptcy cases is objecting to proposed bonuses for RG Steel executives that could add up to more than $20 million. The U.S. Trustee Program said in court papers that the request by the Sparrows Point ...
Jefferson County, the home of Birmingham, Alabama's business hub, filed a $4.23 billion bankruptcy claim on Nov. 9. Its massive sewer debt, aggravated by political corruption and loss of local tax in a court case, fueled the financial crisis.
