News

Romney's claim for credit in auto rebound - WGAL

05/08/12

Now three years after the Obama administration bailed out General Motors and Chrysler Group, and with U.S. auto industry sales, profits and hiring all ... is that the auto companies needed to go through bankruptcy before government help.

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Tribune Seeks To Block Appeal, Ward Off Delay In Chapter 11 - FOXBusiness

05/08/12

Tribune Co. (TRBCQ) has moved to block an appeal that could prolong a stay in bankruptcy that began in 2008 and might not be over until next year. The Chicago broadcaster and publisher of the Chicago Tribune, Los Angeles Times and other ...

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Bankruptcy may be best option for Ally's mortgage unit - Reuters

05/08/12

May 8 (IFR) - If the mortgage unit of loan giant Ally Financial files for bankruptcy this weekend as expected, there will be one immediate reason -- the company could default on $1bn of debt on Monday. The filing, expected on Sunday night ...

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Fact checking Romney's claim for credit in auto rebound - CNN

05/08/12

and with U.S. auto industry sales, profits and hiring all rising, Romney believes he deserves credit for that turnaround. Romney is right that the 2009 bankruptcy reorganizations at GM and Chrysler played a major role in the turnarounds at those automakers.

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Tribune Seeks To Block Appeal, Ward Off Delay In Chapter 11 - NASDAQ

05/08/12

Tribune Co. (TRBCQ) has moved to block an appeal that could prolong a stay in bankruptcy that began in 2008 and might not be over until next year. The Chicago broadcaster and publisher of the Chicago Tribune, Los Angeles Times and other ...

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Six Months Into Alabama County Bankruptcy, Services Fray - Businessweek

05/08/12

Jefferson filed for bankruptcy in November after lawmakers failed to deliver ... At night, four men sleep in 10-by-7 foot cells built for one. “That’s my mat and that’s my space there,” said Terry Joe Allen, 32, who was in jail for ...

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Cherry Hill Attorney Co-Edits for NJ CLE Bankruptcy Practical Skills Series - Courier-Post

05/08/12

... a manual designed to provide a basic and practical guide through the bankruptcy process in the District of New Jersey. The manual reviews the practice under Chapters 7, 13, and 11 of the Bankruptcy Code, as well as the history and actions ...

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Subway store owner Hade files for Chapter 7 - The Business Journal

05/08/12

Gregg Hade, owner of two closed Subway sandwich shops in Broward County, has filed for Chapter 7 bankruptcy liquidation. Hade owned stores in Lauderdale-by-the-Sea and in Pompano Beach, which he closed on March 26. He faced two lawsuit ...

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Phoenix-area bankruptcy filings fall in April - KTAR.com

05/08/12

PHOENIX -- Bankruptcy filings in the Phoenix metropolitan area in April fell 27 percent from the same month in 2011. The 1,999 filings for April reported by the U.S. Bankruptcy Court in Phoenix compared with 2,748 in April 2011. The latest figures also ...

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Springfield’s Fischer Hardware battles to survive; says Ace Hardware led it on path to bankruptcy - Washington Post

05/08/12

And then the store spiraled straight down a financial sinkhole into bankruptcy, for which the Ewerses filed ... the counter-claim states. The Ewerses filing argues that an Ace official told one of his marketing development managers to ...

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