News

Northstar Obtains Court Approval of Bidding Procedures and Bid Deadline - Bloomberg

06/28/12

Copies of the Bidding Procedures and the APA are available on the Monitor's website: www.ey.com/ca/northstaraerospace, or on the website of the Chapter 11 Notice Agent: www.loganandco.com. Information about the Corporation's CCAA Proceeding ...

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Stockton, California, Files for Bankruptcy Protection - Businessweek

06/28/12

Ten of 42 cases filed since 1981 came in the past four years, according to court records. The biggest municipal bankruptcy was filed last year by Jefferson County, Alabama, which is trying to restructure $4.2 billion in debt, most of which is ...

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Stockton, California files bankruptcy petition - Chicago Tribune

06/28/12

About $7 million in savings would come from cutting retiree medical benefits for one year. The retiree medical benefits will be eventually eliminated. Stockton becomes the nation's most populous to file for Chapter 9 bankruptcy. But Jefferson ...

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Dykstra to plead guilty in bankruptcy case - Abc Local Web

06/28/12

Former New York Mets outfielder Lenny Dykstra faces up to 20 years in prison after agreeing to plead guilty to three counts stemming from a bankruptcy fraud case in Los Angeles. LOS ANGELES -- Former New York Mets outfielder Lenny Dykstra faces up to 20 ...

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Judge OKs Philadelphia Orchestra’s exit from bankruptcy - Philadelphia Daily News

06/28/12

After becoming the first major U.S. orchestra to file Chapter 11 14½ months ago, the Philadelphia Orchestra Association is leaving bankruptcy. On Thursday U.S. Bankruptcy Court Judge Eric L. Frank approved the orchestra's reorganization plan ...

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Judge OKs Philadelphia Orchestra’s exit from bankruptcy - Philadelphia Daily News

06/28/12

After becoming the first major U.S. orchestra to file Chapter 11 14½ months ago, the Philadelphia Orchestra Association is leaving bankruptcy. On Thursday U.S. Bankruptcy Court Judge Eric L. Frank approved the orchestra's reorganization plan ...

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Bankrupt Thelen Collects More Than $400K in Clawback Settlement With 4 Firms - Law.com

06/28/12

When he filed the suits — with time running out on his ability to launch such litigation — Geron said there were other law firms he was pursuing but had not yet sued because settlement negotiations were under way. Under bankruptcy law ...

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Philadelphia Orchestra emerging from bankruptcy - Philadelphia Daily News

06/28/12

After becoming the first major U.S orchestra to file Chapter 11 14½ months ago, the Philadelphia Orchestra Association is leaving bankruptcy. U.S. Bankruptcy Court Judge Eric L. Frank gave his approval Thursday to the orchestra's reorganization ...

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Lee Enterprises abandons reverse stock split plan - AP - msnbc.com

06/28/12

Lee, the publisher of the St. Louis Post-Dispatch and nearly 50 other newspapers, emerged from a pre-packaged Chapter 11 bankruptcy process earlier this year. The process allowed Lee to complete the restructuring of about $1 billion in debt.

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Lenny Dykstra agrees to plead guilty - ESPN

06/28/12

A phone message left for Dykstra's deputy federal public defender was not immediately returned. Prosecutors said that after filing for bankruptcy, Dykstra hid, sold or destroyed more than $400,000 worth of items without permission of a bankruptcy trustee.

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