News

Tom Martino's wife loses bid to keep property out of his bankruptcy - Denver Post

05/09/12

Court-appointed Trustee Simon Rodriguez, however, successfully argued that the transfer — a complicated mix of moves that happened in 2009 — occurred within the four-year window before a bankruptcy case is filed that can later be examined ...

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Two more Roberts hotels in bankruptcy - The Business Journal

05/09/12

today threw two more of their hotels into Chapter 11 bankruptcy. The hotels, both under the Clarion flag, are located in Atlanta and Shreveport, La. The bankruptcies come as a responses to a $34 million lawsuit filed by Bank of America against ...

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U.S. Bankruptcy Courts’ Powers Clarified by Federal Judge - Businessweek

05/09/12

Bankruptcy judges don’t have power to make final rulings on claims for fraudulent transfers and unjust enrichment, a federal judge said, citing a U.S. Supreme Court ruling in the Anna Nicole Smith case. U.S. District Judge Jed S. Rakoff in ...

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Digital Notes: Dogged by Lawsuits, MP3Tunes Files for Bankruptcy - New York Times Blogs

05/09/12

In a statement, an EMI spokesman noted that despite the bankruptcy, Mr. Robertson was still a defendant in the case. ”As such, he is facing personal liability both for infringements that the court has already determined have occurred and for ...

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Two Roberts Cos.' hotels file for bankruptcy - St. Louis Post-Dispatch

05/09/12

Hotels owned by St. Louis-based Roberts Cos. in Georgia and Louisiana filed for bankruptcy today, becoming the latest of the company's portfolio of 11 hotels to seek bankruptcy protection. Roberts Hotels Atlanta LLC and Roberts Hotels Shreveport LLC both ...

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ResCap Nears Bankruptcy Filing - Wall Street Journal

05/09/12

The board of Ally Financial Inc.'s ailing mortgage unit is expected to meet Sunday to authorize a bankruptcy filing, said people familiar with the situation. A filing for the mortgage subsidiary, called Residential Capital LLC, could come Sunday or Monday ...

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Knoxville Bankruptcy Attorneys Clark & Washington Recommend Free Bankruptcy Consultation - PRLog (free press release)

05/09/12

The firm wishes to help make the process easier by offering free consultations to anyone in Knoxville who is considering filing for personal bankruptcy. Many Tennessee families have really struggled during our great nation’s recession. Staying ...

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Nashville Bankruptcy Attorneys Clark & Washington Recommend Free Bankruptcy Consultation - PRLog (free press release)

05/09/12

With decades of experience with handling personal bankruptcy claims, Clark & Washington understands how hard it can be for families to find themselves in the unhappy position of considering filing for bankruptcy. The firm wishes to help make the process ...

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Judge in historic bankruptcy case works long hours - Journal Record

05/09/12

BIRMINGHAM, Ala. (AP) – One of Chief U.S. Bankruptcy Judge Thomas Bennett’s first acts after being assigned to preside over Jefferson County’s bankruptcy case was to warn lawyers on both sides that the case would not be a casual job.

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Tom Martino’s wife fails in bid to keep property out of bankruptcy proceedings - The Business Journal

05/09/12

to keep a downtown parking lot she owns out of Tom Martino’s personal Chapter 7 bankruptcy proceedings. Bankruptcy Judge Michael Romero on Tuesday denied the motion from Holly Martino and American Guaranty Equities LLC to keep Sherman ...

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