News

USW Announces Ratified Contract at NewPage - YAHOO!

06/08/12

NewPage, an Ohio-based maker of coated papers, voluntarily filed for Chapter 11 bankruptcy reorganization Sept. 7, along with certain of its subsidiaries, six years after being bought by Cerberus Capital Management LP. "The resulting deal ...

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Marithe Francois Girbaud Files For Chapter 11 Bankruptcy - complex.com

06/08/12

Noooooooo! French denim brand Marithé + François Girbaud has filed for chapter 11! Anyone who's listened to hip-hop for a long, long time will know about the brand, as its shuttle jeans and washed denim were huge in the '80s and '90s (the ...

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BANKRUPTCY WEEK AHEAD: Kodak Seeks Patent Ruling - NASDAQ

06/08/12

Apple, however, has balked at Kodak's attempt to put the matter before a bankruptcy judge, saying a district court is the appropriate venue for the matter. Kodak has accused Apple of trying to thwart its patent sale process, which would serve as ...

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The Daily Docket: Schilling’s 38 Studios Enters Bankruptcy - Wall Street Journal

06/08/12

Former Boston Red Sox pitcher Curt Schilling’s videogame company, 38 Studios LLC, filed for Chapter 7 bankruptcy liquidation. Read the Daily Bankruptcy Review article via The Wall Street Journal. A former International Monetary Fund economist ...

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Lace, fishnets and corsets: Fans pay tribute to Betsey Johnson - CNN

06/08/12

Since the fashion house filed for Chapter 11 bankruptcy protection in April, Ross has driven to the nearest boutique in Jacksonville, Florida, for loot from the brand's high-end Betsey Johnson Collection. "Her styles combine the young and girly ...

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Bankruptcy filings up 3.2% from a year ago - Buffalo News

06/08/12

For the first time in two years, new bankruptcy filings in Western New York rose slightly in May from a year ago in what may be the first sign that the level of new cases may be reaching a plateau. New cases in the U.S. Bankruptcy Court in ...

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US Slavery Museum In Virginia Faces New Obstacles - Huffington Post

06/08/12

The new filings in U.S. Bankruptcy Court follow an earlier filing by the city ... Robinson, an attorney representing the museum, has not discussed the case outside of court and did not immediately respond to The Associated Press for comment.

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Ex-Aide to Senator Pleads Guilty in Scheme That Snared Only Him - New York Times

06/08/12

On Thursday, a somber Mr. Hampton returned to Washington and pleaded guilty to a charge of illegal lobbying in a scandal that left him in bankruptcy ... and it referred the case back to the Justice Department. The ethics investigation found ...

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United States: TOUSA: Eleventh Circuit Upholds Fraudulent Transfer Opinion Against Lenders - Mondaq

06/08/12

The Bankruptcy Court also awarded damages (including litigation costs, professional fees incurred in connection with the transaction, and diminution in the value of the liens) to the Conveying Subsidiaries. On appeal, the District Court quashed the orders ...

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TEXT-S&P cuts PBG S.A. to 'D' after PBG files for bankruptcy - Reuters

06/08/12

On June 4, 2012, PBG S.A. (PBG), Poland's third-largest engineering and construction company, announced it's decision to file for bankruptcy with an arrangement option. -- The filing resulted from PBG's failure to obtain additional funding to ...

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