News

WNY bankruptcy filings drop 20% - The Business Journal

05/03/12

In what could be seen as a sign of the economy continuing to rebound, bankruptcy filings in Western New York dropped significantly in April. The U.S. Court for the Western District of New York, which handles the 18 counties encompassing Buffalo ...

[more]

Hawker Beechcraft files for Chapter 11 bankruptcy - KWCH.com

05/03/12

Other airlines, including Delta and United have undergone reorganization to cut costs and restructure. Chapter 11 is different than Chapter 7. In a Chapter 7 bankruptcy, a company ceases all operations and assets are sold off.

[more]

Bogost Chapter 11 - 1UP.COM

05/03/12

In this chapter I found myself gravitating towards the discussion that centered around the Howard Dean for Iowa Game and the various methods used to attempt to measure its success. I was especially interested in David Thomas's critique of the game that ...

[more]

International Intrigue, Bankruptcy-Style - Wall Street Journal

05/03/12

A U.S. district judge in Florida recently shot down his bankruptcy counterpart for overstepping his bounds in a case that’s jumped from France to Canada to the U.S. Judge K. Michael Moore of the U.S. District Court for the Southern District of ...

[more]

Judge Confirms General Maritime's Chapter 11 Plan - 4-traders (press release)

05/03/12

A judge on Thursday confirmed General Maritime Corp.'s (GMRRQ) plan to exit bankruptcy controlled by private equity firm Oaktree Capital Management LP, the company's top lender before its Chapter 11 filing. Judge Martin Glenn of U.S. Bankruptcy Court in ...

[more]

Chapter 7 Bankruptcy in 7 Steps: Credit Counseling & Filing Day - jdsupra.com

05/03/12

One might think the real work begins once your bankruptcy is actually filed with the bankruptcy court. However, I take the approach that if we are thorough and complete in the preparation of the bankruptcy petition, schedules and other required documents ...

[more]

LexisNexis Launches Financial Restructuring & Bankruptcy Module for Lexis Practice Advisor - Yahoo Finance

05/03/12

the Lexis Practice Advisor Financial Restructuring & Bankruptcy module helps ensure both new and experienced attorneys have the trusted resources they need to expertly advise their clients and handle their cases in an expeditious manner.

[more]

John Ludlow, candidate for Clackamas County chairman, faced $74,000 federal tax lien, bankruptcy - Oregonian

05/03/12

The second mortgage contributed to a September 2000 co-filing with his wife for Chapter 7 bankruptcy, he said. The debtors were discharged in January 2001, and the case closed that September. "My income had dropped markedly over a period of ...

[more]

LexisNexis Launches Financial Restructuring & Bankruptcy Module for Lexis Practice Advisor - MSN Money

05/03/12

the Lexis Practice Advisor Financial Restructuring & Bankruptcy module helps ensure both new and experienced attorneys have the trusted resources they need to expertly advise their clients and handle their cases in an expeditious manner.

[more]

Why Octomom Nadya Suleman Filing For Bankruptcy is a Good Thing - policymic.com

05/03/12

Earlier this week, Nadya "Octomom" Suleman filed for bankruptcy, claiming that she had up to $1 million in debt. She said of her decision, "I have to do what is best for my children, and I need a fresh start." It is easy to criticize her decision.

[more]