News

Betsey Johnson's Store Chain Files for Bankruptcy - NBC Chicago

04/27/12

The company's chief financial officer cited "cash flow problems" and said the company couldn't secure restructuring without filing for bankruptcy, according to Fashionista. Johnson herself, meanwhile, isn't letting her boutiques' bankruptcy bog her down.

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Kodak’s 1st Quarter Results Show Improvement in Segment Profitability and Reduced Operating Costs - Business Wire

04/27/12

“During the quarter, we took decisive steps – including filing for Chapter 11 and exiting unprofitable businesses – to accelerate our transformation and emerge in 2013 as a profitable, sustainable business” Selling, General and Administrative (SG ...

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Tom Walsh: Nearly 3 years after bankruptcy, Chrysler soars - Detroit Free Press

04/27/12

Not yet three years removed from a taxpayer bailout, forced bankruptcy and a Hail Mary restructuring ... A 40% increase in U.S. retail sales, driving Chrysler's market share up to 11.2%, from 9.2% a year earlier. • The company slashed its ...

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California Estate Valued at $87 Million Sells at Auction - Businessweek

04/27/12

Last night’s sale was conducted by Irvine ... after OneWest Bank FSB cut off construction funding and as McMonigle tried to avoid bankruptcy. McMonigle lost the estate, now known as One Pelican Hill Road North, to a group of investors who ...

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Lehman elite stood to get $700 million - Los Angeles Times

04/27/12

Lehman filed for Chapter 11 protection in September 2008 in what would become the largest bankruptcy in U.S. history, sparking the biggest financial meltdown since the Great Depression. The investment bank buckled after betting heavily on ...

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National Debt Relief Group Offers Consumers Credit Card Debt Relief Options - Yahoo Finance

04/27/12

Consumers who are dealing with credit card debt should consider debt settlement over bankruptcy or a debt consolidation ... on repaying as much of the debt as possible as opposed to litigation. Those who opt for a debt settlement program are ...

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Weltman & Moskowitz, LLP Launches New Website - PR-USA.net

04/27/12

In addition to the design facelift, the website now allows access to a blog where visitors will find timely articles about creditor's rights, "business divorce," commercial dispute resolution, bankruptcy litigation, among other matters. The firm is also ...

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Kodak to release first earnings report since filing for Chapter 11 - WHEC TV-10

04/27/12

Kodak’s first earnings report since filing for Chapter 11 bankruptcy will be released Friday morning. The company filed for bankruptcy in January. Financial expert and Brighton Securities President George Conboy joined us on News10NBC Today ...

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Walnut Creek Bankruptcy Attorney Michael Primus Says Eliminate Second Mortgages Through Bankruptcy - San Francisco Gate

04/27/12

There are several kinds of bankruptcy cases but Chapter 13 and [Chapter 7 bankruptcy are the most common. Michael Primus has 19 years of experience as a bankruptcy lawyer.

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Dewey & Leboeuf Said to Face Criminal Probe as Deadline Nears - San Francisco Gate

04/27/12

The group includes Martin Bienenstock, who runs the firm's restructuring group; Rich Shutran, head of the corporate department; Jeffrey Kessler, head of litigation ... weighing a so-called pre-packaged bankruptcy, one of the people familiar ...

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