News

Pfizer’s Quigley Files Sixth Reorganization Plan - Businessweek

07/02/12

In November, Pfizer reported a $701 million third-quarter charge for asbestos litigation related to Quigley. The case is In re Quigley Co., 04-15739, U.S. Bankruptcy Court, Southern District of New York (Manhattan). The appeals case is 11-2635 ...

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Stockton, Calif. set for first bankruptcy hearing on Friday - Reuters

07/02/12

asset sales or pension reform, it is questionable whether the City has taken all steps necessary and available to meet the stringent eligibility criteria for filing a bankruptcy petition under chapter 9," the Assured Guarantee statement said.

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Texas attorneys say bankruptcy filings could rise again - The Business Journal

07/02/12

Texas has not seen the deluge of Chapter 11 fillings that other areas of the country have witnessed over the past few years, say bankruptcy attorneys practicing in the Lone Star State. “We’ve seen some fallout,” says Martin A. Sosland, a partner in ...

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Abound Solar files to liquidate in bankruptcy - Reuters

07/02/12

Abound Solar, which filed for a Chapter 7 liquidation in U.S. Bankruptcy Court in Delaware, had said last week that it planned to shut down and would lay off 125 employees. The Loveland, Colorado-based maker of thin-film panels said it had taken ...

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Tide of bankruptcy filings could rise again, Texas attorneys say - The Business Journal

07/02/12

Texas has not seen the deluge of Chapter 11 fillings that other areas of the country have witnessed over the past few years, say bankruptcy attorneys practicing in the Lone Star State. “We’ve seen some fallout,” says Martin A. Sosland, a partner in ...

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Judge Sends Dynegy Holdings Bankruptcy Plan for Creditor Vote - FOXBusiness

07/02/12

A judge on Monday said Dynegy Holdings LLC can send its latest restructuring plan to creditors for a vote, a major step toward exiting an eventful and often contentious Chapter 11 proceeding for the power provider. Judge Cecelia G. Morris of U.S ...

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Harrisburg, Pennsylvania, Bankruptcy Ban to Be Extended - Bloomberg

07/02/12

Members of the City Council unsuccessfully sought to put the municipality in Chapter 9 bankruptcy in October and were rejected a month later by a federal judge who said the filing wasn’t authorized. Lynch can put the city in bankruptcy once ...

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18th Judicial District Judge Valeria Spencer Will Return To U.S. Attorney’s Office - Law Week Colorado

07/02/12

Spencer was also a criminal prosecutor in the Denver District Attorney’s Office from 1994 to 2001. She practiced in the areas of bankruptcy litigation and general civil litigation before becoming a public servant. She graduated from the University of ...

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Dynegy Unit Judge to Allow Bankruptcy Plan Vote - Bloomberg

07/02/12

U.S. Bankruptcy Judge Cecelia Morris in Poughkeepsie, New York, said at a hearing today that she will approve Dynegy Holdings LLC’s so-called disclosure statement, allowing the vote. Morris asked lawyers involved in the case to change the ...

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Coastal developer files $30M bankruptcy - The Business Journal

07/02/12

The company’s bankruptcy attorney, Trawick “Buzzy” Stubbs, couldn’t immediately be reached for comment. According to the filing, Oceanside Yacht is owned by James H. P. Bailey Jr. and W. Douglas Brady. Chris Bagley covers the legal ...

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