News

Changes in Income Can Affect Chapter 13 Repayments - 24-7PressRelease.com

04/18/12

Changes in your financial situation may lead to a change in your Chapter 13 Bankruptcy repayment plan. April 18, 2012 /24-7PressRelease/-- Indiana residents struggling with financial problems often find relief by filing for Chapter 13 bankruptcy.

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Hostess union sends counteroffer - Tulsa World

04/18/12

Three others, including former CEO Brian Driscoll - have left the company. Hostess's bankruptcy filing came just three years after its predecessor, Interstate Bakeries, emerged from bankruptcy proceedings.

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Lee's wider loss tied to exit from bankruptcy - Omaha World-Herald

04/18/12

The digital portion of advertising revenue rose 9.9 percent to $15.7 million. Lee filed for bankruptcy protection on Dec.12 to compel a small minority of its lenders to agree to a refinancing plan that gives the company more time to repay about ...

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TRS CEO Michael Rozbruch Comments on the Fallout from TaxMasters’ Bankruptcy and Litigation in TaxNotes - YAHOO!

04/18/12

Article in tax publication features Rozbruch’s comments highlighting the need for oversight in the tax debt resolution industry. Encino, CA (PRWEB) April 17, 2012 In the article, Kroh paraphrases Rozbruch’s comments to the effect that the onus is now ...

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Moody's offers positive outlook on Detroit consent agreement - detroitnews.com

04/17/12

The deal creates a nine-member financial advisory board and averted the state's appointment of an emergency manager, which Moody's said would have increased the risk of a Chapter 9 bankruptcy filing. The agreement creates two new financial ...

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Bankrupt Paper Co. Seals $12M Sale To Watermill Group - site.law360.com

04/17/12

At a court hearing in Wilmington, U.S. Bankruptcy Judge Kevin J. Carey signed off on the sale of the recycled-paper mill after a scheduled auction failed to turn up any additional bids. The sale fulfills MPI’s stated goal in bankruptcy of preserving the ...

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WALTERS: Stockton not only one on verge of B-word - Santa Rosa Press Democrat

04/17/12

Under a new state law, Stockton is now dickering with its creditors and unions over reducing its burden, and if that fails, a bankruptcy filing is next. However, Stockton isn't alone. The state's finances are not in any better shape. Governors ...

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Resolute Consulting client wins “Chapter 11 Reorganization of the Year” award - PRLog (free press release)

04/17/12

CHICAGO – The M&A Advisor recently recognized Resolute Consulting client Ungaretti & Harris LLP for its role as lead bankruptcy counsel to continuing care retirement community Fairview Village. Resolute Consulting coordinated all internal and external ...

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Twitter Vows To Sue For ‘Defensive’ Patent Purposes Only - Wired News

04/17/12

“A lot of those patents come from startups that have failed and bought out of bankruptcy,” says Adam Messinger ... in that way and we could reduce the amount of patent-troll litigation.” Last month former Yahoo developer Andy Baio wrote ...

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Empty retail space in Sehome Village attracting interest - Bellingham Herald

04/17/12

The College Store closed its 12,500-square-foot store at the end of March. The parent company, Nebraska Book Company, has struggled in Chapter 11 bankruptcy reorganization, with its most recent bankruptcy amendment resulting in the closure of ...

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