News

The Daily Docket: Lehman Trustee Reaches Customer-Repayment Deal - Wall Street Journal

05/03/12

WSJ discusses the recent bankruptcy filing of the Northern Mariana Islands Retirement Fund, the first U.S. public pension to seek bankruptcy. US Airways Group Inc. has won support from American Airlines’ three big unions to merge with parent ...

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InCharge Showcases Bankruptcy Courses at BASIL Annual Seminar - YAHOO!

05/03/12

"Illinois now has 5.58 bankruptcy filings per 1,000 residents, ranking the state seventh in the United States overall after the first quarter of 2012," said Beth Mason, InCharge's Director of Outreach Programs for Bankruptcy Services. "Unfortunately ...

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Major fruit importer's bankruptcy case to be heard on May 24 - rapsinews.com

05/03/12

ST. PETERSBURG, May 3 - RAPSI. The St. Petersburg and Leningrad Regional Commercial Court will hear on May 24 Cargo JFC's petition for own bankruptcy. Cargo JFC is part of the major Russian fruit importer JFC. JFC is currently under credit watch.

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Report: Hawker Beechcraft close to filing bankruptcy - Wichita Eagle

05/03/12

Hawker Beechcraft could file for Chapter 11 bankruptcy as early as today, a Wall Street Journal article said Wednesday. The company is in the final stages of preparing a “pre-arranged bankruptcy” and is expected to hand ownership over to ...

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Lear profit falls 14% as Europe sales slide - Marketwatch

05/03/12

Lear Corp.'s (NYSE:LEA) first-quarter earnings fell 14% as the auto-parts supplier recorded weaker sales in Europe. Lear, which makes automotive seating systems and electric systems, emerged from bankruptcy protection in November 2009 after ...

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Area filings dip 20.2% from April 2011 - Buffalo News

05/03/12

Bankruptcy filings tumbled more than 25 percent in Buffalo last month in the biggest year-over-year drop since last July. New cases filed in the U.S. Bankruptcy Court for the Western District of New York fell 20.2 percent in April, as 591 new ...

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Bankas Snoras AB : Update on the sale of the BAB Bankas SNORAS mini banks - 4-traders (press release)

05/03/12

The Bankruptcy Administrator can today confirm that discussions over the sale of the mini banks of BAB Bankas SNORAS are now at an advanced stage. There are approximately 230 mini banks located throughout Lithuania and these will be realised for the ...

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Economists Uncover Link Between Bankruptcy Filings and Tax Rebates - 24-7PressRelease.com

05/03/12

As the nation's economy continues to struggle, more Americans are using their federal or state tax refunds to file for bankruptcy protection. According to a recent study released by the National Bureau of Economic Research, significant additional costs to ...

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Erman, Teicher, Miller, Zucker & Freedman Recognized Among “Best Law Firms” by U.S. News - Best Lawyers® - PR.com

05/03/12

In Bankruptcy Litigation, the Southfield, Mich.-based law firm also earned recognition as a Detroit Tier 1 firm. Additionally, it was selected as a Detroit Tier 2 firm in Corporate Law. Southfield, MI, May 03, 2012 --(PR.com)-- Erman, Teicher, Miller ...

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Hunter Marine's parent company files Chapter 11 - Herald Tribune

05/03/12

ALACHUA - The parent company of Hunter Marine Corp. filed for Chapter 11 bankruptcy reorganization in U.S. Bankruptcy Court for the District of New Jersey. Morgan Industries Corp. is the parent company of Alachua-based sailboat and sailing yacht ...

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