News

Rangers Get Yearlong Embargo on Trades, Owner Handed Life Ban - Bloomberg

04/23/12

“It’s farcical.” Whyte took control of the record 54-time Scottish champion last May with money he borrowed against future season-ticket sales. On Feb. 14 he placed the club in administration, a form of bankruptcy, as HM Revenue & Customs ...

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Lender endorses end of First National bankruptcy; contractor files objection - Daily Oklahoman

04/23/12

That financing, Yashouafar's attorneys argued, is critical to paying a required $12 million settlement with Capmark and resolving a $21 million mortgage that the lender foreclosed on in 2010 before the bankruptcy filing. If the $12 million settlement is ...

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Antioch sees slight sales tax bump, must find ways to make money - San Jose Mercury News

04/23/12

A couple of years removed from near-bankruptcy because of multimillion-dollar income losses in property and sales taxes, the city is projecting an 8.4 percent increase in sales tax and slight decrease in property tax in the upcoming year.

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American Airlines in bankruptcy court - au.news.yahoo.com

04/23/12

"I had to take a second job eight years ago," Donna Gaspero, an American flight attendant, said. The bankruptcy case on Monday began a crucial phase as lawyers for the airline made opening statements in a hearing aimed at persuading US Bankruptcy Judge ...

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American Airlines cites bleak finances in bankruptcy court - Tri-City Herald

04/23/12

Goulet testified that prior to the bankruptcy filing, Horton had said "that he believes consolidation has been good for the industry and might well have a role as we move forward." But she acknowledged that the company had not considered a ...

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AMR union to vote next week on proposal: sources - msnbc.com

04/23/12

AMR filed for Chapter 11 bankruptcy protection in November, citing labor costs that were higher than its peers. The carrier has about 74,000 full- and part-time workers. The company has said it must cut 13,000 jobs as part of a plan to trim its labor costs ...

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Camden Mayor appoints three school board members - Philadelphia Daily News

04/23/12

Turner is an assistant city attorney who works mostly on tort litigation. He also has a criminal, bankruptcy and divorce law practice on Market Street in Camden. He is a 2002 sociology graduate of Rutgers-Camden and a 2006 graduate of the university’s law school.

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Nevada Cancer Institute gets OK to emerge from Chapter 11 - Las Vegas Review Journal

04/23/12

The Nevada Cancer Institute has received formal approval for its plan to emerge from Chapter 11 bankruptcy proceedings. When all the documents are finalized in about a month, the institute will continue to raise money for medical research in a greatly ...

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Bankruptcy plan for Regency Park in Mount Holly gets OK - msnbc.com

04/23/12

Last week, Judge Michael B. Kaplan of the U.S. Bankruptcy Court, District of New Jersey, approved the Chapter 7 plan for the 9.6-acre community off Levis Drive. The plan was approved at a confirmation hearing in Trenton on April 17. An order formalizing ...

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Colorado Bankruptcy Law Firm Changes Name and Launches New Mile High Bankruptcy Colorado Bankruptcy Attorney Website - YAHOO!

04/23/12

The new Mile High Bankruptcy website clearly introduces prospective clients to the firm and provides a wealth of information for people to read and educate themselves about the Chapter 7 bankruptcy process for free. Topics discussed on the website include ...

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