News

US Supreme Court to hear ‘credit bidding’ case - Financial Times

04/22/12

“The plain language of the bankruptcy code does not require every sale of secured creditors’ collateral to allow the secured creditor the right to credit bid,” Mr Neff said. The Supreme Court will ultimately decide on the meaning of language in the ...

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Jefferson County lawmakers to revisit compromise - Associated Press

04/22/12

In November, the county filed the largest government bankruptcy case in U.S. history and is fast spending its cash reserves. The Alabama Supreme Court killed an occupational tax that generated about $66 million a year for the county, sending its ...

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AMR to Present Case for Throwing Out Union Contracts Monday - NBC Dallas-Fort Worth

04/22/12

After AMR presents its case, federal bankruptcy judge is expected to rule on AMR's request to throw out its current labor contracts in early June.

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Five named to American Airlines retirees committee in bankruptcy case - Dallas Morning News (blog)

04/22/12

The U.S. trustee in the American Airlines bankruptcy case has picked the five representatives who would sit on an official committee of retirees. That list includes: •    Laura Glading, flight attendant and current president of the Association of ...

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Five common myths about filing bankrutpcy - Examiner

04/22/12

The result of a bankruptcy filing on your credit worthiness is initially without doubt damaging.  The record of your bankruptcy filing tells future potential creditors that you had to take drastic actions to reset your finances.   However ...

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Digital Realty Names Mark T. Stephenson Vice President of Sales - Yahoo Finance

04/22/12

Stephenson Vice President, Sales. Mr. Stephenson will be responsible for overseeing ... and impairment charges); our dependence upon significant tenants; bankruptcy or insolvency of a major tenant or a significant number of smaller tenants ...

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04/23: Bankruptcies - Orlando Sentinel

04/22/12

Central Florida individuals and businesses that have filed for liquidation under Chapter 7 of the U.S. Bankruptcy Code include: Beach Sportcycles Inc., 1127 King St., Cocoa. Filed: April 13. Assets: $118,290. Liabilities: $754,046. Major ...

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Working at the coal mine; building a business on anthracite - Philadelphia Daily News

04/22/12

The sale was for $14.8 million “and we were owed a little ... With Robindale on site, “we were able to gain instant credibility,” Topkis said. “Because of the bankruptcy and the environmental issues, we couldn’t get a vendor to show ...

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Fighting the auto bailout was turning point in Richard Mourdock's political life - Indianapolis Star

04/22/12

Mourdock insists he actually won, because the court later vacated the appeals court decision, in essence preventing it from setting a precedent for future bankruptcy cases. Others find that laughable. "I don't know how he could be more wrong ...

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For an independent bookseller and his peers, a time to innovate - Philadelphia Daily News

04/22/12

The Borders bankruptcy in early 2011 ... It means Fox feels less pressure to stock commercial best sellers to rack up high-volume sales. In other words, even with a Barnes & Noble only a few blocks away on Rittenhouse Square, Fox caters to ...

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