News

Houghton Mifflin files for bankruptcy - San Francisco Gate

05/22/12

Sales of adult paperbacks and hardcover books fell 18 percent from 2010 to 2011, according to the Association of American Publishers. Borders Group Inc., the second-largest U.S. bookstore chain, filed for bankruptcy in February 2011. Delta Air ...

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Bankruptcy case reveals mansion deteriorating - Staunton News Leader

05/22/12

NORFOLK — The historic Carter's Grove mansion near Williamsburg is in serious disrepair. The Virginian-Pilot says a grim picture of the 257-year-old landmark has emerged in U.S. Bankruptcy Court in Norfolk. A judge heard some of the details ...

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State fair bankruptcy sale includes the fair itself - Staunton News Leader

05/22/12

RICHMOND — A deal reached in the State Fair of Virginia bankruptcy case would clear the way for a buyer to purchase the entire fair in an attempt to put on the event in September. Documents filed Monday in U.S. Bankruptcy Court indicate that ...

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Dalphis closes, taking 75 jobs - Memphis Commercial Appeal

05/22/12

The closing came just over four months after Dalphis America LLC emerged from Chapter 11 bankruptcy with backing of an Atlanta-based investor group. The private investors decided to pull the plug and liquidate the business because it wasn't ...

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Business calendar for St. Charles County - St. Louis Post-Dispatch

05/22/12

BUSINESS NETWORK INTERNATIONAL: Givers Gain Chapter, 11:30 a.m.-1 p.m. May 23, Bellabrations Banquet Center, 235 Jungermann Road, suite 101, St. Peters. For more information, call Laura Bieker at 314-704-4183. BUSINESS NETWORK INTERNATIONAL ...

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Bankruptcy claim survives against former Erie debt collector - Erie Times-News

05/22/12

A judge in U.S. Bankruptcy Court in Erie has refused to dismiss a complaint that the Attorney General's Office filed in Bankruptcy Court against Michael J. Covatto, who had headed Unicredit America Inc. The complaint asks that Covatto ...

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The Ticker - Boston Herald

05/22/12

Boston-based textbook publisher Houghton Mifflin Harcourt filed for Chapter 11 protection in a “prepackaged” bankruptcy after reaching an agreement to eliminate $3.1 billion of its debt. Mass. gas prices fall Massachusetts gas prices fell 6 cents in ...

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Bankruptcy claim survives against former Erie debt collector - Erie Times-News

05/22/12

... that Covatto not be allowed to avoid paying any Unicredit-related claims by discharging them as debts in his bankruptcy case. The Bankruptcy Code prohibits the automatic discharge of debts affected by fraud. Covatto, 50, of Millcreek ...

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Court opens possibility of liability case against OC - Toledo Blade

05/22/12

But in June, 2010, the 3rd Circuit abandoned Frenville and adopted a new rule that favored debtors because it expanded the universe of claims that could be eliminated in bankruptcy. The case, In re Grossman's, stemmed from claims that a woman ...

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Business news briefs: Mayor's LGBT council hosts job fair Wednesday - Pittsburgh Post-Gazette

05/21/12

Textbook publisher files for Chapter 11 bankruptcy Houghton Mifflin Harcourt Publishers Inc. has filed for Chapter 11 bankruptcy protection after reaching an agreement to eliminate $3.1 billion of its debt. The textbook publisher's move Monday came as ...

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