News

Struggling Savtira Corp. seeks Chapter 11 bankruptcy - St. Petersburg Times

04/30/12

Pressed by creditors, federal labor regulators and a recent spate of bad publicity, Tampa e-commerce business Savtira Corp. said it is filing for bankruptcy protection. "We were forced to file Chapter 11," Savtira CEO Tim Roberts said in an e ...

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Read the recap of today's live chat about bankruptcy with CGA Law Firm - ydr.com

04/30/12

His practice of law focuses on business, bankruptcy, civil litigation and real estate law. For more information, click here. Disclaimer: This chat is for educational purposes, general information and a general understanding of the law.

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Govt to fight bankruptcy petition - Saipan Tribune

04/30/12

The pension agency filed for Chapter 11 bankruptcy in the U.S. District Court on April 17 to allow it to restructure its obligations. Press secretary Angel A. Demapan confirmed with Saipan Tribune yesterday the plan of the Fitial administration ...

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Srbijagas 2011 profit up 41 pct, driven by non-core units - Reuters UK

04/30/12

such as a glassmaker and a poultry producer acquired from bankruptcy at the government's request in recent years. "We did not make profits through gas transport and sales ... but mainly on financial operations in other fields," chief executive ...

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Philip Falcone may be ousted as head of LightSquared - Intomobile.com

04/30/12

Anyone who has been following the LightSquared case closely knows that the company is just one bad move away from Chapter 11. LightSquared is seeking a one-week extension on a debt-terms violations waiver that expires this morning, so the ...

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Cadwalader Unveils "Restructuring Review", a New Thought Leadership Blog from the Financial Restructuring Practice - PR Newswire

04/30/12

Restructuring Review' allows Cadwalader's leading Financial Restructuring professionals to share their views and expertise on current events and legal cases in the world of restructuring, bankruptcy and insolvency. Visitors to the site will find case ...

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Dodgers sale to Guggenheim, Magic Johnson group to close on schedule - Abc Local Web

04/30/12

Earlier this month, a federal bankruptcy court officially approved the sale. Friday marked the deadline for anyone to try and block the sale but no objections were filed. Attendance figures at Dodger Stadium are now ahead of last year's pace, helped by a ...

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LightSquared Founder to Step Down to Avoid Bankruptcy and Possible Liquidation - PhoneNews.com

04/30/12

as shareholders in his Harbinger Capital investment firm are also in litigation against him regarding the promises made regarding the viability of the network and its profit potential. With LightSquared facing bankruptcy, this places further doubt on the ...

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Deloitte Acquires Assets of CRG Partners - Yahoo Finance

04/30/12

CRG Partners is also credited with successfully managing Major League Baseball's Texas Rangers through its bankruptcy and sale. "Combining our talent and hands-on turnaround and restructuring experience with Deloitte's extensive offerings and ...

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Georges Marciano's involuntary bankruptcy may be annulled - Yahoo Finance

04/30/12

The involuntary bankruptcy declared in California led to the seizure, in fall 2011, of all Mr. Marciano's assets in Canada, a decision that was annulled in December 2011 by the Honourable Mark Schrager, Quebec Superior Court. In that case ...

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