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Bankruptcy filings routinely bring a halt to all litigation involving the debtor, but environmentalists are asking the judge to lift the automatic stay so they can pursue an appeal they filed just a few weeks before RG Steel's bankruptcy filing.

Meantime, the Stockton City Council is scheduled to decide Tuesday whether to adopt a special budget in case of a bankruptcy declaration. The city would stop debt payments, reduce pay and benefits and increase parking citations, CBS Sacramento ...

To implement the sale, Cinram filed for reorganization protection under in Canada and its U.S. subsidiaries filed under Chapter 15 of the U.S. Bankruptcy Code in the District of Delaware. Cinram has a DVD manufacturing plant in Huntsville.

Bankruptcy filings routinely bring a halt to all litigation involving the debtor, but environmentalists are asking the judge to lift the automatic stay so they can pursue an appeal they filed just a few weeks before RG Steel's bankruptcy filing.

Lower appeals courts upheld the trustee’s method, which was originally approved by the bankruptcy judge, but a final attempt was made with an appeal before the Supreme Court. Mr Picard held off making some distributions in case the calculation was rejected.