News

Pressed financially, Tampa's Savtira seeks Chapter 11 and possibly a new city - St. Petersburg Times

04/30/12

From hot property to likely flameout, the trajectory of Tampa tech company Savtira has skidded into Chapter 11 bankruptcy reorganization. Soon after initial bankruptcy papers were filed Friday with the court, Savtira CEO Tim Roberts emailed a ...

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Octomom Broke, Files For Chapter 7 Bankruptcy - The Inquisitr

04/30/12

Nadya Suleman, the media-dubbed Octomom has officially filed for bankruptcy. It seems that the 36-year-old mom of 14, who filed for welfare last month, has so much debt piled up that she was forced to file for chapter 7 bankruptcy. And, honestly ...

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NY bankruptcy judge approves Kodak's bonus plans - St. Louis Post-Dispatch

04/30/12

A U.S. Bankruptcy Court judge has approved Kodak's plan to pay up to $13.5 million in bonuses to retain key managers as it reorganizes under bankruptcy protection. The Rochester-based company said during a court hearing Monday in New York that turnover has ...

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Dream Nite Club loses liquor license as Michigan denies renewal - AnnArbor.com

04/30/12

Meanwhile, additional litigation surrounds a claim by Shafiq Kasham that he's an investor in the club's liquor license and wasn't properly notified by the city of the March hearing. The club's Chapter 11 bankruptcy filing was made March 27 in ...

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Octomom Files for Bankruptcy, Postpones Auction of Her Home - omg! on Yahoo!

04/30/12

Octomom is broke. (Splash News)Just one day after Nadya "Octomom" Suleman insisted "I am making money" and could afford a $520 haircut, she has filed for Chapter 7 bankruptcy. The single mom-of-14 filed in federal court on Friday, three days before her ...

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Nadya Suleman Files For Bankruptcy: Octomom 'Excited' About Future - Huffington Post

04/30/12

Nadya "Octomom" Suleman filed for Chapter 7 bankruptcy in federal court today, just one month after going on welfare. Although the move spotlights Suleman's desperate situation, she is surprisingly upbeat about the future. "I'm staying strong ...

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Octomom Broke! Nadya Suleman Files for Bankruptcy - Entertainment Online

04/30/12

The woman better known by her tabloid nom de plume as Octomom has officially filed for bankruptcy, E! News can confirm. "I have had to make some very difficult decisions this year and Filing Chapter 7 was one of them. But I have to do what is best for my ...

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Octomom’ Nadya Suleman Files For Bankruptcy - Wall Street Journal

04/30/12

Less than $50,000, according to court papers. Suleman, 36, didn’t detail her financial hardship in the first documents that were filed in her Chapter 7 case—the type of bankruptcy where you generally sell off whatever assets you can to pay your debts.

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Nadya Suleman Files For Bankruptcy: Octomom 'Excited' About Future - Huffington Post

04/30/12

I have been dancing around all day with my kids. They have no idea about what is going on." Suleman's bankruptcy filing may be the best decision she's made yet. "She has a mountain of debt from refusing to ever accept any help and now has ...

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Ambac Withdraws From Litigation Over Countrywide Settlement - Businessweek

04/30/12

Ambac Assurance Corp. is withdrawing from litigation over Bank of America Corp. (BAC ... according to data compiled by Bloomberg. A U.S. bankruptcy judge in Manhattan on March 15 approved a plan to reorganize the $1.7 billion in debt of ...

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