News

Dewey Creditors Represented By Legal Recruiter, Car Service - Bloomberg

06/01/12

Tracy Hope Davis, who oversees bankruptcies in the New York region, listed HireCounsel, Inta Boro Acres Inc. and Fidelity National Capital Inc. in a notice of the appointments filed in U.S. Bankruptcy Court in Manhattan yesterday. The defunct ...

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May auto sales disappoint as demand slows - msnbc.com

06/01/12

The sales results, when combined with Friday's anemic jobs report, suggested the industry could face hurdles in its recovery from a recession four years ago that dragged GM and Chrysler into bankruptcy. "Obviously, the economy's probably slowing ...

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Fund's Chapter 11 case dismissed - Saipan Tribune

06/01/12

U.S. District Court for the NMI's Bankruptcy Division designated judge Robert J. Faris yesterday upheld his tentative ruling dismissing the NMI Retirement Fund's Chapter 11 bankruptcy petition. In a videoconference that lasted over an hour ...

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The Daily Docket: Pemco Creditors Demand Payment - Wall Street Journal

06/01/12

(Daily Bankruptcy Review and DBR Small Cap are daily newsletters ... Reuters reports that regulators want those selling debt in the U.S.’s $3.7 trillion municipal-bond market to publicly disclose financial incentives. The California Assembly ...

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California Law Said Unlikely to Avert Stockton Bankruptcy - Bloomberg

06/01/12

“I do see bankruptcy as an inevitable fact of life in this process ... compared with an overall rate for the U.S. of 7.7 percent. Communities and states across the U.S. face soaring costs for pensions and retiree health benefits even as ...

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Dewey ex-partners, creditors to advise on bankruptcy - Reuters

06/01/12

June 1 (Reuters) - A committee of four former Dewey & LeBoeuf partners has been set up in the law firm's bankruptcy case, giving them a seat at the table in the wind-down of the crippled firm. U.S. Trustee Tracy Hope Davis, whose office ...

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Chrysler May sales are the strongest in 5 years - CBS News

06/01/12

This continued the strong recovery by the automaker, which was bailed out by the federal government in 2009 after declaring bankruptcy, with the company's sales rising by at least 20 percent for 12 straight months. Chrysler brands sold a ...

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Dewey ex-partners, creditors to advise on bankruptcy - Reuters UK

06/01/12

The firm filed for Chapter 11 bankruptcy protection on Monday. In a typical Chapter 11 case, a corporation uses its existing assets to continue generating revenue to fund a reorganization. But Dewey has different kinds of assets: its lawyers and ...

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ThermoSpas Sold Out Of Bankruptcy To Jacuzzi - Hartford Courant

06/01/12

ThermoSpas has filed for bankruptcy protection earlier this year. The infomercials were used to generate hundreds of thousands of sales leads, and Jacuzzi cited ThermoSpas' "cutting-edge system of managing leads" as an attractive part of the business.

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Sale to Dallas firm gets OK - MySanAntonio

06/01/12

AUSTIN — Bankrupt San Antonio-based furniture maker KLN Steel Products Co. LLC and its two sister companies will be sold to a Dallas company as part of a Chapter 11 reorganization plan. The plan, which calls for Avteq Inc. to make some payments and ...

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