News

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

07/04/12

Smith told The Associated Press that he is making plans to declare bankruptcy, perhaps during the upcoming season. "There have been some sleepless nights trying to get this resolved," Smith said. "There comes a point in time where you say ...

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

07/04/12

The possible bankruptcy filing, he said at the time ... and retiring officers cla imed cash payments for unused vacation days - accumulated over years in some cases. Warning signs grew that retiree healthcare costs were rising fast.

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Arkansas' John L. Smith May File For Bankruptcy - SBNation.com

07/04/12

Jul 4, 2012 - Arkansas Razorbacks head coach John L. Smith may have to file for bankruptcy due to several failed real estate investments, he told the Associated Press. Smith said he began making investments through acquaintances while he was ...

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'Chapter 11 filing was in discussion since September 2011' - Saipan Tribune

07/04/12

The Boston-based counsel for the NMI Retirement Fund has disclosed that the filing of Chapter 11 bankruptcy petition was already being talked about with the Fund's outside counsel, Braddock Huesman, since September 2011. The Fund filed the ...

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Mammoth Lakes files for bankruptcy over $43-million judgment - Los Angeles Times

07/04/12

The HighSierra town of Mammoth Lakes said Monday that it filed for bankruptcy because it cannot afford to pay a $43-million breach-of-contract judgment in a lawsuit brought against it by a developer. In a prepared statement, Mammoth Lakes officials said ...

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AMR given more time to file bankruptcy plan - Tulsa World

07/04/12

A bankruptcy judge on Tuesday granted additional time for AMR Corp., the parent of American Airlines, to file a Chapter 11 reorganization plan and obtain acceptance of the plan by creditors. U.S. Bankruptcy Judge Sean Lane ordered extensions ...

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Creditors Still Try to Collect During Bankruptcy - 24-7PressRelease.com

07/04/12

Even after filing bankruptcy, some creditors still try to collect. However, debtors still have rights. Learn more in the following article. The automatic stay is a fundamental part of the bankruptcy process. It is essentially a grace period granted to ...

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Lon Morris College Files Chapter 11 Bankruptcy Papers - Tyler Morning Telegraph

07/04/12

petition Monday in a Tyler federal court -- a day before a scheduled foreclosure proceeding, according to a statement. "The College is continuing to work on its financial restructuring efforts, however, the timing of the filing was necessitated ...

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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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South Florida Bankruptcy Filings Fall Again - Hispanic Business

07/04/12

South Florida bankruptcies fell sharply in the second quarter compared with the same period a year ago, according to figures released Monday by the U.S. Bankruptcy Court in Miami. Many people find the average attorney fee of $1,500 cost ...

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