News

Hedge Fund Files for Bankruptcy - Wall Street Journal

07/04/12

A hedge fund managed by the investment firm of Alphonse "Buddy" Fletcher Jr. has filed for bankruptcy protection in Manhattan ... fund run by New York-based Fletcher Asset Management. The litigation represents a reversal of fortune for the Fletcher ...

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Hedge Fund Files for Bankruptcy - Wall Street Journal

07/04/12

The Chapter 11 filing comes after a Cayman Islands judge in April appointed liquidators from Ernst & Young to wind up another fund run by New York-based Fletcher Asset Management. The litigation represents a reversal of fortune for the Fletcher firm.

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US Airways: "No urgency to merge" - msnbc.com

07/04/12

US Airways has not made a formal bid, but would like to do so as part of American's exit from Chapter 11 protection from creditors. Parker said it seems "highly unlikely" that American will step out of bankruptcy before year's end, and speculation about a ...

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US Airways: "No urgency to merge" - Reuters

07/04/12

US Airways has not made a formal bid, but would like to do so as part of American's exit from Chapter 11 protection from creditors. Parker said it seems "highly unlikely" that American will step out of bankruptcy before year's end, and ...

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Resort City Aims for Brief Bankruptcy - Wall Street Journal

07/04/12

The town, which has a reputation as a skiing destination, has cut employee pay and benefits, as well as reduced the amount it spends with outside vendors. The spending cuts were included in a budget that factored in the possibility of a bankruptcy filing.

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Stockton Bankruptcy The Result Of 15-Year Spending Binge - Huffington Post

07/04/12

Deis, who signed Stockton's bankruptcy filing last Thursday, s lammed the decision to provide free healthcare to retirees as a "Ponzi scheme" that eventually left the city with a whopping $417 million liability. Before the turn of the millennium ...

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Arkansas football coach John L. Smith facing bankruptcy - USA Today

07/04/12

Mason's attorney, Julie Ann O'Bryan, didn't immediately respond to e-mails sent by The Associated Press on Tuesday, but in his bankruptcy filing he listed liabilities totaling between $10 million and $50 million. Mason's filing listed $250,000 ...

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Lon Morris: Bankruptcy A Step Forward - Tyler Morning Telegraph

07/04/12

JACKSONVILLE — Officials at Lon Morris College said Monday’s bankruptcy filing will allow the institution to move forward with reorganization plans and continue its mission. The financially strapped college filed a voluntary chapter 11 ...

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Arkansas head coach faces bankruptcy - FOXSports.com

07/04/12

Mason's attorney, Julie Ann O'Bryan, didn't immediately respond to e-mails sent by The Associated Press on Tuesday, but in his bankruptcy filing he listed liabilities totaling between $10 million and $50 million. Mason's filing listed $250,000 ...

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Hawker Beechcraft eeys potential buyers after bankruptcy - First Coast News

07/04/12

In its disclosure statement, the company said it has worked before and after the bankruptcy filing to market itself to "incumbent and third-party potential plan sponsors or acquirers." But no decisions on whether to pursue a sale have been made ...

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