News

More high-street shops poised to go bankrupt, insolvency body warns - The Guardian

06/24/12

However, retail sales bounced back in May after a dismal April as sunnier weather encouraged shoppers to buy clothes and shoes. The Office for National Statistics said last week that retail sales volumes rose 1.4% in May – a notch above economists ...

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Stockton faces end of mediation, weighs bankruptcy - AP - msnbc.com

06/24/12

But Deis said that to avoid bankruptcy, any deal would have to result in sufficient savings to make the city solvent. Meantime, officials have made preparations in case mediation efforts fail. The Stockton City Council is scheduled to decide Tuesday ...

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89-year-old World War II vet's bankruptcy case draws attention after eviction from Mont. home - Republic

06/24/12

HELENA, Mont. — A World War II veteran who lists a $981 monthly Social Security check as his only income has had to move out of his western Montana home after his late wife's medical bills led him to file for bankruptcy. Warren Bodeker, 89, was ordered ...

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Bankruptcy forces 89-year-old WWII vet from home - nola.com

06/24/12

Warren Bodeker, 89, was ordered by a bankruptcy judge to leave the home that he and his wife built in Plains. His case has gone viral on the Internet after the group Oathkeepers posted a YouTube video featuring him and wrote a sympathetic account of his ...

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Stockton Bankruptcy Looming: City Faces End Of Mediation - Huffington Post

06/24/12

"The whole purpose of filing Chapter 9 is to avoid an uncontrolled chaotic situation," he said. "Bankruptcy provides the equivalent of a pause button. It retains services and provides structure so you don't have a bunch of lawsuits." If the city ...

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A New Baltimore Legal Website Provides Answers for Debtors, Creditors, and Businesses - PRLog (free press release)

06/24/12

Maryland law firm Drescher and Associates launches new information-driven website to help visitors with bankruptcy, creditors’ rights, and business litigation. PRLog (Press Release) - Jun 24, 2012 - BALTIMORE, MARYLAND – Whether you are an individual ...

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Bankruptcy forces 89-year-old WWII vet from home - FOX News

06/24/12

An 89-year-old World War II veteran has had to move out of his western Montana home after his deceased wife's medical bills led him to file for bankruptcy. Warren Bodeker lists a $981 monthly Social Security check as his only income. He filed ...

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Nokia: Start Of A Comeback? - Seekingalpha.com

06/24/12

Net sales were $9.40 billion at the current Euro to U.S. Dollar ... The company faces structural challenges that may ultimately result in the company being forced into bankruptcy. Distressed investing and understanding bankruptcy law is difficult in ...

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Jim Donnan reaches bankruptcy settlement - NBC Sports

06/24/12

The Associated Press reports Donnan has finally agreed to a proposed bankruptcy settlement with the company ... Per the AP, “The deal would require Donnan to repay $7.35 million to retail liquidation company GLC Limited, which says it ...

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Jim Donnan reaches bankruptcy settlement - NBC Sports

06/24/12

The Associated Press reports Donnan has finally agreed to a proposed bankruptcy settlement with the company ... Per the AP, “The deal would require Donnan to repay $7.35 million to retail liquidation company GLC Limited, which says it ...

[more]