News

UPDATE 1-Eircom examiner rejects offer, unveils $3.8 bln loss - Reuters India

04/30/12

Irish examinership is a process akin to Chapter 11 bankruptcy protection in the United States and administration in Britain, allowing a company to continue operating as a going concern. Eircom examiner, Michael McAteer from insolvency specialist ...

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Bankruptcy Cools Off for Businesses and Lawyers - Law.com

04/30/12

With filings down, bankruptcy practices live off their existing cases. Fewer businesses filed for bankruptcy protection during 2011 than they did the year before, reflecting a shift toward out-of-court restructurings. With filings down, bankruptcy ...

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Bankruptcy Cools Off for Businesses and Lawyers - Law.com

04/30/12

"It's hard to reach any other conclusion than that." So far, though, bankruptcy attorneys have managed to remain busy. Most are continuing to work on existing cases, said Laura Davis Jones, head of the Delaware practice at Pachulski Stang Ziehl & Jones.

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In Harrisburg bankruptcy case, appeal battle heats up as motions, accusations fly - PennLive.com

04/30/12

Last week, Mayor Linda Thompson, Dauphin County and the state fired a legal broadside at city council attorney Mark Schwartz over his appeal of council's bankruptcy filings. In their filings, the various parties sought damages from Schwartz, who ...

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Big Spanish banks slip closer to bankruptcy - CBS News

04/30/12

Economists expect the banks will need at least another $132 billion this year if they are to stave off bankruptcy. Despite this ... implemented in Ireland two years ago. This may be a case of swapping deck chairs on the Titanic.

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Big Spanish banks slip closer to bankruptcy - CBS News

04/30/12

Economists expect the banks will need at least another $132 billion this year if they are to stave off bankruptcy. Despite this ... implemented in Ireland two years ago. This may be a case of swapping deck chairs on the Titanic.

[more]

Guggenheim group will take over the Dodgers on Monday - CBS Sports

04/30/12

A bankruptcy judge approved the sale on April 13 and there were no objections to the proposed deal filed to U.S. Bankruptcy Court by the Friday deadline, so official control will be handed over today. The Guggenheim Baseball group included not only Johnson ...

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Bankruptcy buzz: Grinney fears inaction on JeffCo - The Business Journal

04/30/12

And county officials are actively working to increase public pressure on the legislators to do something while there’s still time, telling the Birmingham News their bankruptcy case could get thrown out of court without some form of revenue fix.

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Magic's Group to Close on Dodgers Deal - msnbc.com

04/30/12

Attorneys for McCourt and Major League Baseball squared off during the summer in a Delaware bankruptcy court, arguing over the Chapter 11 reorganization. MLB attorneys argued successfully that the team accept bankruptcy financing from the league ...

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Chrysler's Dime Building Move A Strong Symbol Of Detroit Commitment - Huffington Post

04/30/12

A few days after Chrysler reported its best quarterly earnings since its 2009 bankruptcy, the automaker announced ... The company has made steady progress in sales, earnings and quality. Chrysler sales in the first quarter of this year increased ...

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