News

Hearing in Kodak plan to pay retention bonuses - Syracuse Post-Standard

04/29/12

ROCHESTER, N.Y. (AP) — Lawyers are set to debate whether Eastman Kodak Co. should pay $13.5 million in bonuses to retain key employees as it reorganizes under bankruptcy protection. About $8.5 million would go to 119 middle managers and $5 million more ...

[more]

Dippin' Dots hopes for a comeback after bankruptcy filing - Detroit Free Press

04/29/12

Jones will run the company under the revised ownership, which is one reason he stepped down during the bankruptcy case, Charleston said. "Mr. Jones stepped down because he was interested in being part of the group that wanted to buy the company ...

[more]

Alabama Legislature could determine whether Jefferson County's bankruptcy case is tossed - Everything Alabama Blog

04/29/12

BIRMINGHAM, Alabama -- Jefferson County could see its record-setting $4.23 billion bankruptcy case thrown out of court unless the Alabama Legislature finds revenue to replace the county's defunct occupational tax, county officials said.

[more]

BP gas dries up, forcing local stations to close - Worcester Telegram & Gazette

04/29/12

Previous story: The pumps are bone dry at area BP gas stations all through Central Massachusetts, including the three in Clinton, and BP can thank Getty Petroleum Marketing for filing Chapter 11, which appears to be the catalyst for the empty tanks.

[more]

Kratz bankruptcy puts civil case on hold - Sheboygan Press.com

04/29/12

GREEN BAY — A civil rights lawsuit filed against former Calumet County prosecutor Ken Kratz by a domestic abuse victim who received racy texts from him is on hold because of his recent bankruptcy filing. Federal Judge William Griesbach signed ...

[more]

Eastman Kodak 1Q loss widens - Democrat and Chronicle

04/29/12

NEW YORK (WTW) — Eastman Kodak Co. said Friday that its first-quarter loss widened on hefty charges related to its reorganization under bankruptcy protection and a drop in sales. The Rochester, N.Y.-based company, which filed for bankruptcy protection in ...

[more]

Assembling a profit - Times-Leader

04/29/12

KING OF PRUSSIA — Five years ago, Gary Nealon was 30 years old and filing for bankruptcy protection for his startup business. Now, after learning from his mistakes, the South Wilkes-Barre native has a thriving ready-to-assemble cabinet sales business and ...

[more]

Dippin' Dots hopes for a comeback - Nashville Tennessean

04/29/12

Jones will run the company under the revised ownership, which is one reason he stepped down during the bankruptcy case, Charleston said. “Mr. Jones stepped down because he was interested in being part of the group that wanted to buy the ...

[more]

Dippin' Dots hopes for a comeback - Nashville Tennessean

04/29/12

Jones will run the company under the revised ownership, which is one reason he stepped down during the bankruptcy case, Charleston said. “Mr. Jones stepped down because he was interested in being part of the group that wanted to buy the ...

[more]

Adams Produce lays off workers - Pensacola News Journal

04/29/12

Some ex-employees put the number of local employees at more than 70. Formally filing for bankruptcy were Adams Produce Company, LLC, and Adams Clinton Business Park, LLC, according to the bankruptcy file. Adams Produce owes PNC Bank $5.5 million ...

[more]