News

State Sen. Muse says he mortgaged home to aid church - Maryland Community Newspapers Online

06/15/12

Muse is founder and senior pastor of Ark of Safety Christian Church, which filed for bankruptcy protection last week. Muse (D-Dist. 26) of Fort Washington said Ark of Safety’s finances have been battered, as have the bank accounts of many in ...

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ResCap rebuffs Berkshire; Fortress remains lead bidder - Pioneer Press

06/15/12

ResCap asked the judge overseeing its bankruptcy to name a Fortress Investment Group LLC affiliate and Ally Financial Inc. as the so-called stalking-horse bidders for separate auctions, according to court papers filed Thursday in Manhattan.

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Atrinsic, Inc. Files for Chaper 11 Bankruptcy Protection - YAHOO!

06/15/12

Atrinsic, Inc. (PINK: ATRN) today announced that it has filed for protection under Chapter 11 of the Bankruptcy Code in the United States District Court for the Southern District of New York, Manhattan Division, under Case No. 12-12553. Atrinsic ...

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David Netto, Former Maclaren Nursery Design Chief, Sues Bankrupt Stroller Company For Fraud - Huffington Post

06/15/12

The Chapter 7 bankruptcy filed by Maclaren also puts a temporary hold on the company's pending lawsuits; Netto's suit is not affected as it is new and against Rastegar himself. Of many personal injury lawsuits brought against Maclaren USA by the ...

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Pinnacle Entertainment buying poker tour owners - Businessweek

06/15/12

The company bought the tournament owners out of bankruptcy court. A court filing said that Pinnacle's $4.2 million bid for Federated Sports & Gaming Inc. and its $300,000 credit bid for Federated Heartland Inc. were selected after an auction.

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ResCap objects to bid from Berkshire Hathaway to buy its mortgage division - New York Post

06/15/12

OMAHA, Neb. — Residential Capital is objecting to investor Warren Buffett's offer to buy its mortgage division, but a bankruptcy judge will have the final say. Residential Capital, which is also known as ResCap, filed a motion opposing a bid from Buffett ...

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Legal Representation in Phoenix Bankruptcy Available from The Sampair Group - PRLog (free press release)

06/15/12

Patrick Sampair of The Sampair Group assists residents around the Phoenix valley to improve their quality of life with services in chapter 7 and chapter 13 bankruptcy. With a free consultation and a caring and devoted bankruptcy lawyer, The Sampair Group ...

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ResCap Says Berkshire Offered $1 for Company's Equity in April - NASDAQ

06/15/12

Residential Capital LLC says Warren Buffett's Berkshire Hathaway Inc. (BRKA, BRKB) made an offer to buy all of ResCap's equity for $1 before the mortgage servicer was put into bankruptcy last month. In a Thursday filing with U.S. Bankruptcy ...

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Carbofer trading, shipping arms declared bankrupt - Reuters UK

06/15/12

CGT, once a large player in the spot coal and steel trade, was declared bankrupt on May 16, the bankruptcy office of Lugano told ... attempt to recapitalize the company through the sale of a substantial stake to an Indian investor last year ...

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Carbofer trading, shipping arms declared bankrupt - Reuters India

06/15/12

CGT, once a large player in the spot coal and steel trade, was declared bankrupt on May 16, the bankruptcy office of Lugano told ... attempt to recapitalize the company through the sale of a substantial stake to an Indian investor last year ...

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