News

Octomom House Sale Delayed Again - The Inquisitr

05/08/12

Octomom House Sale Delayed Again — Nadya Suleman – a.k.a ‘Octomom‘ – filed for bankruptcy last month, and her Orange County home was due to go up for sale at auction on Monday. However, the sale has now been delayed for the second time ...

[more]

Judge approves sale of Kodak's online service to Shutterfly - Tulsa World

05/08/12

The judge issued an order approving the sale last week. Kodak, which filed for bankruptcy protection in January, is selling the photo printing, storage and sharing business to generate cash and to narrow its focus. The two companies offer ...

[more]

Providence Bankruptcy Decision Looms - 24-7PressRelease.com

05/08/12

The mayor and city managers are looking at bankruptcy as a last resort to restore the city's fiscal health. PROVIDENCE, RI, May 08, 2012 /24-7PressRelease/-- The city of Providence is seriously considering its options in the wake of a $20 million budget deficit.

[more]

HUSA Liquidating Corporation Announces Bankruptcy Court Approval of Liquidation Plan - TMCnet

05/08/12

HUSA Liquidating Corporation (the "Company") announced that the Amended Chapter 11 Plan of Liquidation of HearUSA, Inc. (n/k/a HUSA Liquidating Corporation) (the "Plan") was approved today by the United States Bankruptcy Court for the Southern ...

[more]

Garden of Edens - New York Post

05/08/12

The sale to Fortress would be part of a prepackaged bankruptcy plan and would need the court’s approval. Ally Chief Executive Michael Carpenter has been setting the stage for placing ResCap into bankruptcy after determining that he had few legitimate ...

[more]

HUSA Liquidating Corporation Announces Bankruptcy Court Approval of Liquidation Plan - StreetInsider.com

05/08/12

... relief under Chapter 11 of the United States Bankruptcy Code in the Bankruptcy Court. Subsequently, on July 29, 2011, the Company conducted a Section 363 auction for the sale of substantially all of its assets and, as a result of that auction, entered ...

[more]

Ally Gets Nod for ResCap Filing as U.S. Seeks Repayment - Bloomberg

05/08/12

received U.S. Treasury Department approval to put its Residential Capital unit into bankruptcy as the government seeks to recover bailout funds. The Treasury will support directors at Ally and ResCap if they decide that filing for court ...

[more]

Ally Gets Nod for ResCap Filing as U.S. Seeks Repayment - Bloomberg

05/08/12

received U.S. Treasury Department approval to put its Residential Capital unit into bankruptcy as the government seeks to recover bailout funds. The Treasury will support directors at Ally and ResCap if they decide that filing for court ...

[more]

Roberts' Tampa hotel files for bankruptcy [St. Louis Post-Dispatch] - Businessweek

05/07/12

in Tampa is closed. The hotel's estimated assets range between $1 million and $10 million and its liabilities range between $10 million and $50 million, according to the bankruptcy filing. The Roberts Cos., led by brothers Michael and Steven ...

[more]

Roberts' Tampa hotel files for bankruptcy [St. Louis Post-Dispatch] - Businessweek

05/07/12

in Tampa is closed. The hotel's estimated assets range between $1 million and $10 million and its liabilities range between $10 million and $50 million, according to the bankruptcy filing. The Roberts Cos., led by brothers Michael and Steven ...

[more]