News

American Airlines Agents in Bankruptcy Court to Protest AMR's Cuts and Efforts to Muzzle Rights - StreetInsider.com

05/09/12

Outside US Bankruptcy Court, Southern District of New York ... s attempt to muzzle employees by wearing mailing labels over their mouths. On December 7, the Communications Workers of America filed for a representation election for passenger service ...

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JK Harris’ founder improperly paid self millions, won’t cooperate with bankruptcy case, trustee alleges - The Post and Courier

05/09/12

John K. Harris, founder of a Goose Creek-based tax resolution business that was driven to bankruptcy by consumer complaints, improperly took millions from the insolvent firm and should return the money, a court-appointed bankruptcy trustee alleges.

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No deal for Greek coalition with conservative head - Cleveland Plain Dealer

05/09/12

Samaras said he explained to Radical Left leader Alexis Tsipras that his demands for Greece to reject the country's international bailout deal would lead Greece into bankruptcy. Samaras reiterated he was prepared to even back a minority government on ...

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

05/09/12

Things got more complex in July 2009 when Sherman Properties obtained a $3.7 million loan from Bank of the West, again using the parking lot as collateral, records show. The bank has filed a claim in the bankruptcy case against Tom Martino's ...

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How To Survive Bankruptcy - Yahoo Finance

05/09/12

Types of Bankruptcy Protection There are two major types of personal bankruptcy filings in the United States: Chapter 7 and Chapter 13. Chapter 7 is most often used by people who have few assets and no ability to work out a repayment plan on ...

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JK Harris’ founder improperly paid self millions, won’t cooperate with bankruptcy case, trustee alleges - The Post and Courier

05/09/12

John K. Harris, founder of a Goose Creek-based tax resolution business that was driven to bankruptcy by consumer complaints, improperly took millions from the insolvent firm and should return the money, a court-appointed bankruptcy trustee alleges.

[more]

Bankruptcy Filings Down 13% Year Over Year - site.law360.com

05/09/12

Law360, New York (May 09, 2012, 1:28 PM ET) -- Continuing a recent trend, bankruptcy filings for the year ended March 31 were down 13 percent from filings for the same period a year ago, according to a report released Wednesday by the Administrative Office ...

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McClung, Spangler partnerships seek bankruptcy protection - The Business Journal

05/09/12

The company listed $5.3 million in liabilities and $4.1 million in assets. McClung said both bankruptcy filings are an effort to block foreclosure of property by a Dallas lender, which purchased the assets of the failed Birmingham bank that ...

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NHL hopes Phoenix Coyotes sale to Jamison closes fast - AZCentral.com

05/09/12

The council is eyeing sales and property tax hikes ... who sat through a summer of court hearings after former owner Jerry Moyes filed the team into bankruptcy in May 2009. "Every day sitting in the bankruptcy court oh so long ago was worth ...

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Nortel Close to Ending Fight With Asian Units, Lawyer Says - Bloomberg

05/09/12

Nortel Networks Inc. (NRTLQ), the telecommunications company being liquidated in bankruptcy, may soon settle a fight with its Asian and Latin American units over their share of more than $7 billion Nortel made from asset sales, an attorney said.

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