News

Canada Personal Bankruptcy Filings Fall Nearly 16 Percent in 2011 - PR Inside

06/29/12

Personal Bankruptcy Canada: As of the quarter ending December 31, 2011, total consumer insolvencies decreased from 135,008 in 2010 to 122,999 in 2011, a decrease of 8.9%. Overall, bankruptcies in Canada were down 15.9 percent, while consumer proposals were ...

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Swift Air files for bankruptcy protection - Phoenix Business Journal

06/29/12

Swift Air LLC has filed for Chapter 11 bankruptcy protection. The Phoenix-based aviation company filed for bankruptcy protection on June 27. Swift provides charter aircraft services to private users as well maintenance and management services ...

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Nebraska Book emerges from Chapter 11, still planning growth - Lincoln Journal Star

06/29/12

Nebraska Book Co., Inc., one of Lincoln's oldest companies, emerged from Chapter 11 bankruptcy Friday, smaller, less debt-ridden, under new ownership, but with a commitment to renew aggressive growth in the tough and changing world of college retailing.

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BrightSource, NextEra buy California solar projects - Reuters

06/29/12

Solar Millennium said in a statement that the projects were sold in an auction concluded at the end of June as part of U.S. Chapter 11 insolvency proceedings. Florida power company NextEra bought the planned 1,000-megawatt (MW) Blythe project ...

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Stockton Bankruptcy: Largest City To File For Bankruptcy In U.S. History - Huffington Post

06/29/12

About $7 million in savings would come from cutting retiree medical benefits for one year. While the retiree medical benefits will eventually be eliminated, Stockton plans to leave its public pensions unchanged while in bankruptcy proceedings.

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Nebraska Book Co. emerges from Chapter 11 - Lincoln Journal Star

06/29/12

Nebraska Book Company, Inc., which owns college bookstores around the company, announced the completion of debt restructuring and said it has emerged from Chapter 11 bankruptcy with lower debt and a significantly stronger balance sheet. It also has new ...

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Raleigh's Coker: Bankruptcy necessary to avoid foreclosure - The Business Journal

06/29/12

The bankruptcy filing comes after Burcam’s loan servicer started the foreclosure process about a month ago. The company stopped making payments on at least one loan in August. Manager and co-owner Neal Coker described the bankruptcy as a ...

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Nebraska Book Company Completes Restructuring Process and Emerges from Chapter 11 with Significantly Stronger Balance Sheet and Lower Debt - Business Wire

06/29/12

LINCOLN, Neb.--(BUSINESS WIRE)--NBC Acquisition Corp. and its subsidiaries, including Nebraska Book Company, Inc. (collectively "NBC" or the "Company"), an industry leader in solutions for the college bookstore marketplace, today announced they ...

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Nebraska Book Company Completes Restructuring Process and Emerges from Chapter 11 with Significantly Stronger Balance Sheet and Lower Debt - StreetInsider.com

06/29/12

LINCOLN, Neb.--(BUSINESS WIRE)-- NBC Acquisition Corp. and its subsidiaries, including Nebraska Book Company, Inc. (collectively "NBC" or the "Company"), an industry leader in solutions for the college bookstore marketplace, today announced they ...

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Glenwood South property owner files for Chapter 11 bankruptcy - The News & Observer

06/29/12

The owner of a parking deck and office and retail building in Raleigh’s Glenwood South area has filed for Chapter 11 bankruptcy after being unable to renegotiate the terms of its loan. Raleigh developer Neal Coker’s Burcam Capital II, which ...

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