News

Tough lessons as Benchmark case closes - Omaha World-Herald

05/23/12

Once the Omaha area's third-largest homebuilder, the company's bankruptcy followed the suicide of its founder. Trustee Thomas Stalnaker said Benchmark was a big and complicated case, and that creditors and vendors were paid throughout the course ...

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HearthStone's demise leaves warranty issues - Omaha World-Herald

05/23/12

More than 8,000 people have been notified that they could be affected by the debt and bankruptcy case of the 40-year-old HearthStone Homes, once the busiest homebuilder in the metropolitan area. Since HearthStone filed in late February for ...

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Law Firms Lose Ruling in Fight Over Coudert Brothers Bankruptcy - Businessweek

05/23/12

had more than 600 lawyers in 15 countries when it filed for bankruptcy to avoid posting bonds related to two legal malpractice suits it lost. The law firm began winding down in 2005. Today’s ruling could affect similar claims in the case of ...

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Contra Costa Times editorial: New bankruptcy bill shows assemblyman can't be trusted to keep his word - Contra Costa Times

05/23/12

Leaders of cities and counties see bankruptcy as an absolute last resort because they ... However, they understandably feel they need to preserve that option just in case, especially as the state's economy continues to be moribund.

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Consumer Questions: Back taxes - Abc Local Web

05/23/12

Three times a week, 7 On Your Side's Michael Finney answers your Facebook and Twitter questions during ABC7 News at 4 p.m. Wednesday, Finney answered questions about the statute of limitations on back taxes, mortgage lenders filing for bankruptcy ...

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Waylon Ad files for Chapter 7 bankruptcy - The Business Journal

05/23/12

St. Louis-based Waylon Ad Inc., which closed its doors last July, filed an involuntary petition for Chapter 7 bankruptcy on Friday in federal Bankruptcy Court for the Eastern District of Missouri. A Chapter 7 bankruptcy provides for the ...

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Creditors force Waylon Ad into involuntary Chapter 7 bankruptcy - The Business Journal

05/23/12

St. Louis-based Waylon Ad Inc., which closed its doors last July, filed an involuntary petition for Chapter 7 bankruptcy on Friday in federal Bankruptcy Court for the Eastern District of Missouri. A Chapter 7 bankruptcy provides for the ...

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Bankruptcy Judge Gives ResCap Approval To Stop Funding HELOCs - FOXBusiness

05/23/12

ResCap filed for Chapter 11 bankruptcy May 14 in Manhattan as it faced upcoming bond-related payments, loan maturities and mounting litigation over soured mortgage securities it sold to investors. It listed assets of $15.7 billion and ...

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Bankruptcy Judge Gives ResCap OK To Stop Funding HELOCs - NASDAQ

05/23/12

ResCap filed for Chapter 11 bankruptcy May 14 as it faced upcoming bond-related payments, loan maturities and mounting litigation over soured mortgage securities it sold to investors. It listed assets of $15.7 billion and liabilities of $ 15.3 ...

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Chapter 7 Bankruptcy Trustee Allison D. Byman Joins Hughes Watters Askanase as Of Counsel - StreetInsider.com

05/23/12

HOUSTON--(BUSINESS WIRE)-- Allison D. Byman recently joined Hughes Watters Askanase, L.L.P. (HWA) as Of Counsel in the firm’s Business Bankruptcy Practice Area. In addition to her regular business bankruptcy practice, Allison is the newest Chapter 7 ...

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