News

Bank: Closing marina a business decision - jdnews.com

06/01/12

The bank purchased the property for $2.6 million through the bankruptcy sale May 5. The leases on 14 wet slips were terminated through the bankruptcy process, said Josh Dunn, the corporate communications manager for Wells Fargo in Charlotte. “Wells Fargo ...

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George Spathis, Attorney, Horwood Marcus & Berk Chartered to Speak at KC’s What You Need to Know About Fraudulent Conveyance Law Live Webcast - PR.com

06/01/12

George is a seasoned trial lawyer with extensive experience in the area of bankruptcy litigation, having represented bankruptcy trustees, secured creditors, creditors committees, assignees and receivers in an array of complex litigation matters in a myriad ...

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RG Steel Is Seeking Chapter 11 Bankruptcy - Intelligencer

06/01/12

STEUBENVILLE - RG Steel has filed for Chapter 11 bankruptcy protection, just a week after warning employees that ongoing liquidity problems would bring sweeping layoffs and plant closings in Ohio, West Virginia and Maryland. RG listed more than $1 billion ...

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Forest man files $7M bankruptcy; Resort not involved, lawyer says - WSLS.com

05/31/12

The one-time president of the Mariners Landing resort at Smith Mountain Lake has filed for personal bankruptcy, saying he is unable to pay debts totaling more than $7.3 million. Matthew P. White of Forest filed for straight bankruptcy on May 21.

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Forest man files $7M bankruptcy; Resort not involved, lawyer says - Lynchburg News and Advance

05/31/12

The one-time president of the Mariners Landing resort at Smith Mountain Lake has filed for personal bankruptcy, saying he is unable to pay debts totaling more than $7.3 million. Matthew P. White of Forest filed for straight bankruptcy on May 21.

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Sparrows Point mill owner files for bankruptcy - Allentown Morning Call

05/31/12

RG Steel executives said the bankruptcy would facilitate a sale. The company, based at the Baltimore County facility, has struggled with weak demand for steel, high raw material costs and an over capacity of steel-making in the United States.

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Reddy Ice Completes Recapitalization - Yahoo Finance

05/31/12

DALLAS, May 31, 2012 /PRNewswire/ -- Reddy Ice Holdings, Inc. (the "Company") today announced that, having closed its previously announced financing arrangements, it has consummated its voluntary Chapter 11 reorganization. Effective today ...

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Hawker Beechcraft exploring sale, lawyer tells bankruptcy court - Wichita Eagle

05/31/12

“Depending on what we get, this case could become even more interesting.” The planemaker filed for Chapter 11 bankruptcy protection May 3. The company has been hurt by a prolonged downturn in the business jet industry and from its heavy debt ...

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Sale of bankrupt Newport mansion approved - Orange County Register

05/31/12

A Los Angeles bankruptcy judge approved the sale of a Newport Coast estate, clearing the way for payment to a lender and some of the property’s unpaid contractors. However, some of the people who are owed money will only get 10 cents on the ...

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Bankruptcy reorganization for Colonial Country could be approved on July 11 - nola.com

05/31/12

Colonial filed for Chapter 11 bankruptcy protection to stop foreclosure proceedings. The club had received a $4.5 million loan in 2007, to pay off escalating debt, from Louis Lauricella's Colonial Finance LLC. The debt has now reached $7.8 ...

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