News

Evansville City Council will not vote on Earthcare resolution - Evansville Courier-Press

05/21/12

The loan also faced a firestorm of controversy after Brinkerhoff-Riley distributed research claiming Earthcare Founder Ken Haney and his executive staff faced bankruptcy ... opinion and continued talks or litigation would reveal the truth.

[more]

The Rising Cost of Going Bankrupt - jdsupra.com

05/21/12

Bankruptcy is the last lifeline for consumers facing insurmountable debts, but it still comes at a price. Between 200,000 and one million American consumers are estimated to be unable to afford the cost of filing for Chapter 7 bankruptcy, according to new ...

[more]

Virginia might have a state fair this year after all - Free Lance-Star

05/21/12

RICHMOND, Va. (AP)—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 ...

[more]

Young Buck Evicted from Mansion in Bankruptcy Sale - Reuters

05/21/12

With rapper Young Buck's eviction from his Tennessee mansion, the "Straight Outta Cashville" artist appears to be one step closer to emerging straight outta bankruptcy. Young Buck, 31, whose real name is David Darnell Brown, was apparently ...

[more]

Houghton Mifflin Harcourt files for Chapter 11 bankruptcy - The Business Journal

05/21/12

Houghton Mifflin Harcourt Inc., a major publisher of K-12 textbooks for Texas schools, has filed for Chapter 11 bankruptcy reorganization protection in the U.S. Bankruptcy Court for the Southern District of New York. The Boston-based company ...

[more]

Twin Cities Restaurateur Vlahos Files for Ch. 7 Bankruptcy - Twin Cities Business

05/21/12

Once-prominent Twin Cities restaurateur Dean Vlahos listed $45,812 in assets and $11.8 million in liabilities in his bankruptcy filing; his association with convicted Ponzi schemer Tom Petters reportedly led to his current financial situation. Dean Vlahos ...

[more]

ITC judge finds key Kodak patent invalid in suit with Apple, RIM - Apple Insider

05/21/12

The photography pioneer filed for Chapter 11 bankruptcy protection in January of this year. As part of the bankruptcy proceedings, Kodak must file an auction procedure by June 30. The company was hoping to find a "stalking horse" bidder for its portfolio ...

[more]

Why Won’t Anyone Just Follow The Rules: Ninth Circuit Bankruptcy Appellate Panel overturns the absolute priority rule in individual bankruptcy cases - jdsupra.com

05/21/12

He also practices in the areas of bankruptcy, insolvency and corporate reorganization. Robertʼs practice also includes judicial foreclosures, creditorsʼ rights and remedies, and related commercial litigation. He can be reached at 714.427.7441 or rbriseno ...

[more]

Supreme Court lets stand $675K fine for music downloads - Computerworld

05/21/12

"It's like a way of keeping us in litigation forever," he said ... Nesson said that the $675,000 fine would force Tenenbaum to file for bankruptcy. Cameron Scott covers search, web services and privacy for The IDG News Service.

[more]

Deal allows sale of Va. State Fair in entirety - WTOP

05/21/12

RICHMOND, Va. - 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 the ...

[more]