News

Bankruptcy ‘option’ for Sadler Clinic - Your Houston News

05/21/12

While unsubstantiated reports are flying through much of Montgomery County that Sadler Clinic is filing for bankruptcy and will soon be gone for good, officials are working to ensure the health care system is here to stay. Layoffs of some of Sadler Clinic ...

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Lender, trustee deal will allow sale of State Fair in one piece - Richmond Times-Dispatch

05/21/12

Barring any last-minute deals, a foreclosure sale of the State Fair of Virginia scheduled ... putting on the State Fair and several other events, filed for Chapter 11 bankruptcy protection in December after defaulting on about $75.6 million ...

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MF Global paid Corzine $8 mln in year before collapse - Reuters

05/21/12

The filing showed his pay between November 2010 and October 28, 2011. MF Global declared bankruptcy on Oct. 31, 2011, amid a liquidity crunch prompted by worries over the company's $6.3 billion bet on European sovereign debt. A coalition of ...

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Alex Hotel, Flatotel Owners File for Chapter 11 Bankruptcy - Bloomberg

05/21/12

The owners of New York’s Alex Hotel and Flatotel filed for Chapter 11 bankruptcy protection as part of an agreement with lenders who in January won a foreclosure lawsuit for unpaid loans. 205 East 45 LLC, the owner of east midtown Manhattan ...

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Jeeps Sell for $189,750 in China, Can't Meet Demand - Businessweek

05/21/12

Jeep sales rose 63 percent last year to 19,013 -- less than ... took control of Chrysler and its Jeep brand in 2009 as part of the U.S. automaker’s government-backed bankruptcy reorganization, Jeep’s original manufacturing partner had ...

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Bankruptcy judge: 2003 sacrifices won’t sway decision in American Airlines case - Dallas Morning News

05/21/12

NEW YORK — U.S. Bankruptcy Judge Sean Lane made it clear Monday that the enormous concessions made by American Airlines Inc. employees in 2003 will not affect his decision on whether the carrier can reject its labor contracts. Attorneys for Am ...

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Ambivalence as Yahoo reduces Alibaba stake - Minneapolis Star Tribune

05/21/12

Houghton Mifflin filing for Chapter 11 Houghton Mifflin Harcourt Publishing Co., the publisher of authors from Mark Twain to J.R.R. Tolkien, sought bankruptcy protection to eliminate more than $3 billion in debt. The company, based in Boston ...

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Lender, trustee deal will allow sale of State Fair in one piece - Richmond Times-Dispatch

05/21/12

Barring any last-minute deals, a foreclosure sale of the State Fair of Virginia scheduled ... putting on the State Fair and several other events, filed for Chapter 11 bankruptcy protection in December after defaulting on about $75.6 million ...

[more]

Departures leave Dewey a shell of its former self - msnbc.com

05/21/12

The partners joining him at Proskauer include Jonathan Richman and Ann Ashton, who were co-heads of Dewey's securities litigation practice group. Proskauer had previously taken on a six-partner bankruptcy group from Dewey led by Martin Bienenstock ...

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Trucking company owner files for bankruptcy again - Baltimore Sun

05/21/12

The owner of an Anne Arundel County trucking company put out of business late last year by federal safety officials has filed for bankruptcy protection again, listing more than $3.3 million in debt. Mark David Gunther Sr., owner of Harmans-based ...

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