News

The Daily Docket: Judge Rules for Vitro Bondholders - Wall Street Journal

06/14/12

Eastman Kodak Co.’s bankruptcy judge on Wednesday said he won’t reject Apple Inc.’s ownership claims on certain Kodak patents but that his decision shouldn’t hinder Kodak from including them in a planned sale of its patent portfolio that ...

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Northstar Announces CCAA and Chapter 11 Filings - CNW Group

06/14/12

CHICAGO, IL, June 14, 2012 /CNW/ - June 14, 2012, Northstar Aerospace, Inc. (the "Corporation", together with its affiliates "Northstar") announced today that, after full consideration of all its available alternatives, its U.S. subsidiaries, Northstar ...

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Meeting date set in bankruptcy case - Times-Leader

06/14/12

As financial lifeline windows begin to move and court imposed, post-petition financial scheduling realities begin tightening, a meeting date has been set in the federal bankruptcy reorganization case involving eight companies which come under the parent ...

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PBG Builder Advances as Court Allows Bankruptcy: Warsaw Mover - Bloomberg

06/14/12

extended its gains after a Polish court gave it the go-ahead for bankruptcy yesterday, which included an arrangement with creditors. The shares jumped as much as 6.2 percent, and traded 4.9 percent stronger to 7.25 zloty as of 12:17 a.m. local ...

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The Oklahoma Bankruptcy Lawyers at Atkins & Markoff Alert Public to Results of … - YAHOO!

06/14/12

The paper concluded that millions of Americans who would have filed for bankruptcy protection before the new bankruptcy reform law was passed in 2005 have not done so because of the additional requirements and costs involved. The Oklahoma bankruptcy ...

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Frisco Square properties in bankruptcy [The Dallas Morning News] - Businessweek

06/14/12

June 14--After defaulting on loans on the project earlier this year, real estate investor Behringer Harvard has put properties it owns in the Frisco Square complex under bankruptcy protection ... which was filed in Collin County on Wednesday.

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Ex-owner of Beaudry files for bankruptcy - The Spokesman-Review

06/14/12

The couple’s bankruptcy filing claims they have assets equaling $1.2 million. LOS ANGELES – Lenders initiated foreclosure proceedings against more U.S. homeowners in May, setting the stage for increases in home repossessions and short sales ...

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Saab Auto Sold to China-Japan Group in Electric-Car Push - Bloomberg

06/14/12

The first vehicle under the plan will be based on Saab’s 9-3 car and will go on sale early in 2014, with China as the main market, purchaser National Electric Vehicle Sweden AB and the bankruptcy administrators for Trollhaettan-based Saab said ...

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Curt Schilling sued for $2.4 million by bank - The Boston Globe

06/14/12

The suit was filed in Suffolk Superior Court in Boston on June 7, hours after 38 Studios filed its bankruptcy case. When companies seek bankruptcy protection, they typically receive immediate relief from legal action by creditors, who must ...

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Vitro Bondholders Defeat Bankruptcy Plan Enforcement in U.S. - Businessweek

06/13/12

“The protection of third party claims in a bankruptcy case is a fundamental policy of the United States,” the judge wrote in his ruling. “The Concurso Approval Order does not simply modify such claims against non-debtors, they are extinguished.

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