News

Irish dodge debts through UK 'bankruptcy tourism' - The Guardian

05/27/12

Despite the temporary bankruptcy-exile Irish people can still enjoy themselves ... been a formality lasting up to 35 seconds in a rubber-stamping exercise. Step 7: After residing as a bankrupt in the UK for nine months or more you can return ...

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Bankruptcy trustee seeks money from Canyon County - Idaho Press-Tribune

05/27/12

BOISE, Idaho (AP) — A bankruptcy trustee has filed a motion asking a federal bankruptcy judge to make a summary judgment and order Canyon County to turn over $171,000 the county received from former Prosecutor John Bujak before Bujak resigned ...

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Bankruptcy trustee seeks money from Canyon County - Associated Press

05/27/12

BOISE, Idaho (AP) — A bankruptcy trustee has filed a motion asking a federal bankruptcy judge to make a summary judgment and order Canyon County to turn over $171,000 the county received from former Prosecutor John Bujak before Bujak resigned ...

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Report: Former NFL RB Jamal Lewis has filed Chapter 11 bankruptcy - CBS Sports

05/27/12

Jamal Lewis played for 10 NFL seasons with the Ravens and Browns. He won a Super Bowl as a rookie, and in 2003, rushed for 2,066 yards. Now TMZ.com reports that, Lewis, who has been out of the league since 2009, has filed for Chapter 11 bankruptcy.

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05/28: Bankruptcies - Orlando Sentinel

05/27/12

Central Florida individuals and businesses that have filed for reorganization and protection from creditors under Chapter 11 of the U.S. Bankruptcy Code include: Hunter's Trace Properties Inc., 1363 W. Lakeshore Drive, Clermont. Filed ...

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LightSquared files bankruptcy - Yahoo Finance

05/27/12

Investor's Business Daily – Mon, May 14, 2012 6:47 PM EDT The upstart telecom filed for bankruptcy protection. LightSquared, 96% owned by Harbinger Capital Partners, hoped to become a 5th national wireless carrier and compete with AT&T (NYSE ...

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Ventura's historic Pierpont Inn to be sold at auction - Los Angeles Times

05/27/12

The Pierpont Inn & Spa, a century-old Ventura hotel that once served as a getaway for L.A.’s upper crust, will land on the auction block next month in a bankruptcy sale. The Arts and Crafts style hotel was built in 1910 by Josephine Pierpont ...

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Jamal Lewis reportedly over $10.5M in debt, files bankruptcy - NFL

05/27/12

Former Baltimore Ravens and Cleveland Browns running back Jamal Lewis has filed for bankruptcy in Atlanta with debts of more than $10.5 million, TMZ.com reported on Sunday. In light of the bounty saga, Junior Seau's suicide and mounting lawsuits ...

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Is bankruptcy a better option than strategic default? - Chicago Tribune

05/27/12

Going beyond strategic default, there's a new term called "strategic bankruptcy" to shed underwater assets. This is especially important for those who can use a recent layoff, divorce or the like, and can do a Chapter 7. I thought you might want ...

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Is bankruptcy a better option than strategic default? - Chicago Tribune

05/27/12

Going beyond strategic default, there's a new term called "strategic bankruptcy" to shed underwater assets. This is especially important for those who can use a recent layoff, divorce or the like, and can do a Chapter 7. I thought you might want ...

[more]