News

U.S. Trustee objects to advisers in Dewey bankruptcy - Reuters

06/29/12

June 29 (Reuters) - The U.S. Trustee in the bankruptcy case of Dewey & LeBoeuf objected on Friday to the retention of law firms and public relations advisers that had filed applications to advise the defunct law firm in its bankruptcy proceedings.

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Hawaii’s Hoku Corp. running out of cash, considering bankruptcy - The Business Journal

06/29/12

As of May 31, Hoku had cash and cash equivalents of $5.8 million, other current assets of $7.6 million and current liabilities ... plant of Hoku Materials and restructuring in bankruptcy. Hoku is working with Imperial Capital to help it in ...

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Obamacare, Medical Bills & Bankruptcy - jdsupra.com

06/29/12

Medical treatment and and the ever rising costs are a big deal. I would guess that about 30-50% of the bankruptcy cases I file have a large amount of medical debt. And by large I mean $25,000 or more. And sometimes it is not so much the total amount of ...

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Solyndra Seeks More Time to File Bankruptcy Reorganization Plan - Bloomberg

06/29/12

Lawyers for the Fremont, California-based manufacturer are asking U.S. Bankruptcy Judge Mary Walrath in Wilmington ... thus avoiding complex and protracted litigation,” the company’s lawyers said in a June 28 court filing.

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Judge gives a win to Wall Street in Alabama bankruptcy - msnbc.com

06/29/12

(Reuters) - The judge in the landmark bankruptcy of Alabama's Jefferson County sided with ... or estimated expenditures that are the subject of this litigation". Bennett appeared to stop short in a 43-page decision of barring use of such reserve funds ...

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UPDATE 2-Judge gives a win to Wall St in Alabama bankruptcy - Reuters

06/29/12

fees for its bankruptcy case and other capital expenses. In the ruling issued in Birmingham, Alabama, Bennett said the county had claimed that average monthly operating expenses for the sewer system had risen 92 percent since January over the ...

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Victor Valley Community Hospital files for bankruptcy - Contra Costa Times

06/29/12

VICTORVILLE - Victor Valley Community Hospital has filed for Chapter 11 bankruptcy protection in large part because ... In the past year, the number of Medi-Cal patients it served has increased 7 percent to 40 percent, Sullivan said.

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Antioch finances take hit from marina restaurant's leaky finances - San Jose Mercury News

06/29/12

Eva and Gilbert Romero recently filed Chapter 11 bankruptcy on their properties, which include the Humphrey's on the Delta restaurant. The two-decades old restaurant, which is still open, is built on Antioch-owned marina land and pilings.

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Apple filing could delay Kodak patent sale - in.news.yahoo.com

06/29/12

Kodak is trying to sell it fast, and remain in compliance with a $950 million bankruptcy loan. But in a filing with the U.S. District Court in Manhattan, Apple said the dispute should be reviewed by a jury in a federal district court, not as Kodak wishes ...

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Solyndra asks Delaware judge for more time to file bankruptcy plan - Washington Post

06/29/12

DOVER, Del. — A California-based solar panel manufacturer that received a half-billion dollar loan from the federal government before filing for bankruptcy protection is asking for more time to file a reorganization plan. An attorney for Solyndra LLC ...

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