News

RG Steel files Chapter 11; cites steel market deterioration - Yahoo Finance

06/01/12

(Reuters) - RG Steel LLC filed for Chapter 11 bankruptcy protection on Thursday, saying it could not overcome the deterioration of the steel market and would sell off the three plants it bought from Russian steelmaker Severstal (MCX:CHMF.ME ...

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Sparrows Point cleanup to go on, despite bankruptcy - Baltimore Sun

06/01/12

The bankruptcy filing by the owner of Sparrows Point casts yet another cloud over the future of steel-making there, but spokespeople for RG Steel and the Maryland Department of the Environment both say it should have no effect on the cleanup of ...

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Reddy Ice emerges from Chapter 11 bankrutpcy - The Business Journal

06/01/12

Dallas-based Reddy Ice Holdings Inc. Reddy Ice Holdings Inc. Latest from The Business Journals Reddy Ice records .3M net loss in first quarter Reddy Ice plans to seek Chapter 11 protection Texas Business Journals Roundup 9-28 Follow this company ...

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Personal Bankruptcy, Rebuilding Credit, and the Self Employed - jdsupra.com

06/01/12

A bankruptcy filing stays on your credit report for ten years. General credit accounts take seven years to fall off. An individual’s credit really doesn't start to repair until after a debtor receives a bankruptcy discharge. MCGRATH & SPIELBERGER ...

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Plans for Utah Resort Go Up in Flames - Wall Street Journal

06/01/12

Arlin last week filed for Chapter 11 bankruptcy protection, unable to pay its taxes and at risk of losing the property in a sheriff’s sale. The developer’s mortgage lender, R.E. Loans, is operating under bankruptcy protection itself and ...

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Dynegy Bankruptcy Settlement With Creditors Approved - Bloomberg

06/01/12

The deal was reached after a court-ordered investigation found that Dynegy moved assets away from creditors for the benefit of shareholders ahead of the bankruptcy filing. The probe found the transfer of coal-fired plants to the parent company ...

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McMenamy’s files for bankruptcy - Vindy.com

06/01/12

McMenamy’s Banquet Center filed for Chapter 7 bankruptcy. The filing was made on May 29 in U.S. Bankruptcy Court Northern District of Ohio by Kelly Green’s Investment Inc., the company that owns and operates McMenamy’s. Chapter 7 ...

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BANKRUPTCY WEEK AHEAD: Tribune Makes Push To Exit Chapter 11 - Wall Street Journal

06/01/12

bankruptcy court Thursday to seek approval of a Chapter ... An important component of the plan is a litigation trust that will pursue lawsuits over

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Steep drop in May bankruptcies - MySanAntonio

06/01/12

Fewer people filed for bankruptcy in South Central Texas in May compared with April and the same period last year. Overall, there were 296 bankruptcy filings last month, a 23 percent decline from the 386 filed in April and an 18 percent drop from the 361 ...

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Update Concerning Omega Navigation Enterprises - msnbc.com

06/01/12

Omega will continue to honor all of its charter obligations during the pendency of the court protection. Omega believes the Chapter 11 reorganization process will help the Company facilitate a restructuring of its balance sheet and is working towards ...

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