News

Utah developer Terry Diehl has initial bankruptcy hearing - Salt Lake Tribune

05/08/12

At his first hearing following his bankruptcy filing, Salt Lake County developer and political deal-maker Terry Diehl said he filed for Chapter 11 bankruptcy on March 30 because he was about to lose his homes in Utah and Coronado, Calif.

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Sacramento Bankruptcy Law Firm Now Offers A Free 2 Hours of Legal Options Consultation - PRLog (free press release)

05/08/12

Due to economic changes, Sacramento has become a leading city in the US for new personal bankruptcy cases. While this trend and the quality of care the Law office of Michael Noble provides has allowed the business to grow, Michael seeks to use online ...

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Hostess warns 250 Washington employees of possible layoffs - Seattle Times

05/08/12

The maker of Twinkies and Wonder bread is in Chapter 11 bankruptcy and trying to renegotiate its contracts with the Teamsters and bakery workers unions. Hostess's 111 employees in Seattle, 17 in Kent, and 56 in Lakewood and Tacoma could be laid ...

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Ally Gets Bondholder Support For ResCap Bankruptcy -Bloomberg - NASDAQ

05/08/12

Bondholders of Residential Capital have given parent Ally Financial Inc. oral commitments to support a bankruptcy filing for the home-loan unit, which might come early next week, Bloomberg reported Tuesday citing people with direct knowledge of the talks.

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Six Months Into Alabama County Bankruptcy, Services Fray - Worldnews.com

05/08/12

The state's general sales tax rate is 4%. The collection rate could be substantially higher, depending upon additional city and county sales taxes. For example, the total sales tax rate in Mobile is 10% and there is an additional restaurant tax ...

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Ally Said to Gain ResCap Bondholder Support for Bankruptcy Plan - Businessweek

05/08/12

Ally Financial Inc. (ALLY) (ALLY), the auto lender majority-owned by U.S. taxpayers, received an oral commitment from bondholders of Residential Capital to support a bankruptcy filing for the mortgage unit that may come early next week ...

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Ally Said to Gain ResCap Bondholder Support for Bankruptcy Plan - Bloomberg

05/08/12

The bankruptcy plan received conditional approval from the ... Ally ranked No. 1 in financing U.S. consumer auto sales for 2011 with more than $40 billion in contracts for new or used cars and trucks, or about 1.5 million vehicles.

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Bankruptcy judge OKs sale of Snokist assets - Yakima Herald Republic

05/08/12

A U.S. Bankruptcy Court judge Monday approved the sale of Snokist Growers' assets to Del Monte Corp. and Pacific Coast Producers. Snokist and creditors agreed early in a hearing on the ongoing matter that the $26.8 million all-asset bid from San ...

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Bankruptcies down in Tucson, statewide - Arizona Daily Star

05/08/12

Bankruptcy filings in Tucson fell by 20 percent in April compared with the same month a year ago, while filings fell nearly 25 percent statewide and more than 27 percent in Phoenix. But Chapter 11 business reorganization cases are being filed at about the ...

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Bankruptcy filings decline in early 2012 - The Business Journal

05/08/12

Bankruptcy filings in New Mexico were down 16 percent in the first four months of 2012 compared to 2011, the U.S. Bankruptcy Court U.S. Bankruptcy Court Latest from The Business Journals Big Bear parent gets bankruptcy funding Follow this ...

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