News

Prichard bankruptcy wouldn't jeopardize agreement with pensioners - Everything Alabama Blog

04/20/12

... when a U.S. Bankruptcy Court judge dismissed the bankruptcy, but Prichard appealed that decision to U.S. District Court in Mobile. The District Court Judge, Kristi DuBose, put the case on hold while the Supreme Court decided whether Alabama ...

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TWU wants to exclude others on unsecured creditors committee from contract rejection hearings - Dallas Morning News (blog)

04/20/12

providing certain of the non-labor unsecured creditor committee members with an opportunity to use the Committee and its stature and resources as a tool to disproportionately benefit from the chapter 11 process to the detriment of the TWU and its members."

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Debt Consolidation - Tips On When And How To File For Personal Bankruptcy - PRLog (free press release)

04/20/12

Remember to understand the differences between Chapter 7 bankruptcy and Chapter 13 bankruptcy. Chapter 7 bankruptcy completely wipes out your debt. This includes creditors and your relationship with them will become no longer existent. Chapter 13 ...

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Diamond Beach owners file Chapter 11 - Daily News - Galveston County

04/20/12

With the threat of foreclosure looming, owners of two Texas luxury resorts — Diamond Beach in Galveston and Sapphire South Padre — filed for Chapter 11 bankruptcy protection earlier this month. Filing for Chapter 11 bankruptcy can sometimes forestall ...

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David Bergstein Ramps up Legal Assault With $100 Million Suit Targeting Attorneys - Hollywood Reporter

04/20/12

The bankruptcy proceeding interfered with Plaintiffs’ ability to sell film rights they owned, obtain financing for their other ventures, recoup their investments in separate businesses, and participate fully in the 2010 sale of Miramax.” Bergstein is ...

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Access Car Rental seeks bankruptcy protection - The Business Journal

04/20/12

Nashville-based Access Car Rental voluntarily filed Thursday for Chapter 11 bankruptcy protection, according to court documents. Chapter 11 bankruptcy allows a business to restructure its debts and reorganize its finances so that it can stay open.

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Will Attempts to Tackle Executive Compensation Work? - msnbc.com

04/20/12

Even that reduced salary seems excessive for a CEO of a company that was on the verge of Chapter 11. In comparison, Amazon.com(Nasdaq: AMZN) CEO Jeff Bezos received a base salary of $81,000, with other compensation (including security detail) of $1.6 million.

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AL high court allows city bankruptcies to proceed - msnbc.com

04/20/12

MONTGOMERY, Ala. (AP) - The Alabama Supreme Court paved the way for the city of Pritchard to move forward with a nearly 3-year-old filing for bankruptcy.   The ruling released on Friday says cities don't need to have bond debt in order to declare bankruptcy.

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AL high court allows city bankruptcies to proceed - Birmingham News

04/20/12

MONTGOMERY, Ala. (AP) — The Alabama Supreme Court paved the way for the city of Pritchard to move forward with a nearly 3-year-old filing for bankruptcy. The ruling released on Friday says cities don't need to have bond debt in order to declare bankruptcy.

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American Eagle Flight Attendants Continue Talks - YAHOO!

04/20/12

It is only due to a poor business plan executed by the management of our parent company that American Eagle Flight Attendants are facing the onerous process of Chapter 11. It is a travesty that American management is seeking to abrogate the ...

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