News

The trap of student debt — even bankruptcy offers no path out under current law - Minneapolis Star Tribune

04/25/12

And litigating in bankruptcy court may be impossible financially for someone ... the largest private lender, which originated $2.7 billion in education loans last year, has predicted changing the law would affect the availability of credit ...

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Even after bankruptcy, trapped by student debt - YAHOO!

04/25/12

And litigating in bankruptcy court may be impossible financially for someone ... the largest private lender, which originated $2.7 billion in education loans last year, has predicted changing the law would affect the availability of credit for young ...

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Even after bankruptcy, trapped by student debt - San Francisco Gate

04/25/12

Even after the ordeal of filing for bankruptcy, families like Ohio schoolteachers Devin and Sarah Stang and their four children find a truly clean financial slate remains out of reach — because much of their debt comes from private student loans.

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Chrysler profit expected to grow in 1Q - AP - msnbc.com

04/25/12

Sales are up. And the company is charging higher prices for cars and trucks that have been revamped since Chrysler's emergence from bankruptcy protection almost three years ago. CEO Sergio Marchionne predicts net income of $1.5 billion this year as auto ...

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Bankruptcy claim in MP son's crash case - The Australian

04/25/12

THE son of a West Australian politician is likely to be declared bankrupt to avoid having to pay $230,000 in compensation awarded to a young woman who was seriously injured in a boat crash he caused while drunk. Luke Woollard, the son of independent MP ...

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US corporate defaults rise but outlook favorable: Moody's - Reuters UK

04/25/12

There were 15 defaults by non-financial companies in the first quarter, representing about $7 billion of debt ... in the quarter was Eastman Kodak , which filed for Chapter 11 bankruptcy protection with about $1.5 billion of debt.

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AAdvantage Members Can Now Redeem Miles On AA.com For Award Travel On British Airways And Hawaiian Airlines - Yahoo Finance

04/25/12

AMR Corporation, and certain of its United States-based subsidiaries, including American Airlines, Inc. and AMR Eagle Holding Corporation, on Nov. 29 filed voluntary petitions for Chapter 11 reorganization in the U.S. Bankruptcy Court for the ...

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Bankruptcy judge hears co-op's request to leave Southern - Billings Gazette

04/25/12

Yellowstone Valley Electric Cooperative told a bankruptcy judge on Tuesday that it wants its long-awaited day in court -- state court -- to persuade a jury to end its contract with its wholesale power provider. John Crist, YVEC's attorney, said the Huntley ...

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WR Grace 1Q net income climbs on higher prices - AP - msnbc.com

04/25/12

Excluding restructuring charges as well as Chapter 11 bankruptcy and asbestos-related costs, earnings climbed to 88 cents per share from 78 cents per share. This beat the 81 cents per share that analysts polled by Fact Set forecast. The company's stock ...

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Barry Cohen forms alliance with McIntyre Panzarella Thanasides - The Business Journal

04/25/12

McIntyre’s 18-lawyer firm is multidisciplinary and handles legal matters ranging from bankruptcy, consumer law, complex commercial litigation and personal injury issues to real estate. The firm’s bankruptcy practice is the area’s third ...

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