News

Insight: China pays high price to spare state firm from bankruptcy - Reuters

05/21/12

But there were no bankruptcy court judges or rules on credit seniority ... which owns 16 percent of Helon via its investment arm and is its biggest shareholder, has committed 1.7 billion yuan in loan guarantees, payments to contracted management ...

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REFILE-INSIGHT-China pays high price to spare state firm from bankruptcy - Reuters UK

05/20/12

But there were no bankruptcy court judges or rules on credit seniority ... which owns 16 percent of Helon via its investment arm and is its biggest shareholder, has committed 1.7 billion yuan in loan guarantees, payments to contracted management ...

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Houghton Mifflin Harcourt Publishing Files for Bankruptcy - San Francisco Gate

05/20/12

The company, based in Boston, listed $2.68 billion in assets and $3.53 billion in debt in Chapter 11 documents filed today in U.S. Bankruptcy Court in Manhattan. More than 20 affiliates also entered bankruptcy, including Broderbund LLC and ...

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Milwaukee apartments sell for $11M in Chapter 11 reorganization - The Business Journal

05/20/12

Fox Point landlord Daniel Bruckner sold two Milwaukee sites to Jomela Properties for $11.1 million and will use the money to pay off debts in his Chapter 11 reorganization. The two apartment complexes recently sold had a combined 270 apartments ...

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Milwaukee apartments sell for $11M in Chapter 11 reorganization - The Business Journal

05/20/12

Fox Point landlord Daniel Bruckner sold two Milwaukee sites to Jomela Properties for $11.1 million and will use the money to pay off debts in his Chapter 11 reorganization. The two apartment complexes recently sold had a combined 270 apartments ...

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Chapter 7: A Fresh Start With Personal Bankruptcy - PRLog (free press release)

05/20/12

The thought of filing for bankruptcy strikes fear into the hearts of most people who have to consider it. However, if you are drowning in debt and can see no farther than the next pile of bills or calls from your creditors, it can be a real... PRLog (Press ...

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Source: Dewey & LeBoeuf to Mull Bankruptcy Filing - Moneynews (blog)

05/20/12

Ailing U.S. law firm Dewey & LeBoeuf is considering a bankruptcy filing as new debtholders take a more aggressive track, shifting away from earlier attempts at an out-of-court liquidation, a person familiar with the matter said. The majority of ...

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REFILE-Dewey to consider bankruptcy filing - source - Reuters

05/20/12

"We've been replaced by Zolfo at the insistence of the debt holders. It now becomes a creditor-driven case." A bankruptcy filing is not certain, and the timing of any potential filing remains unclear. The firm has been consulting with ...

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Insight: China pays high price to spare state firm from bankruptcy - Reuters

05/20/12

But there were no bankruptcy court judges or rules on credit seniority ... which owns 16 percent of Helon via its investment arm and is its biggest shareholder, has committed 1.7 billion yuan in loan guarantees, payments to contracted management ...

[more]

UK moves on cross-border insolvency - Financial Times

05/20/12

The UK’s highest court will on Monday be asked to determine whether bankruptcy rulings made by US and other foreign courts can be enforceable in England and Wales in a landmark case that could signal a move towards a universal approach to cross-border insolvency.

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