News

Hostess, Teamsters Square Off In Bankruptcy Battle That May Kill Twinkies - Huffington Post

04/17/12

Marking the peak of a heated labor dispute, Hostess Brands and the Teamsters union are squaring off in bankruptcy court Tuesday in a case that could decide the iconic company's future. The union, which represents 7,500 Hostess workers ...

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California mansion fire sale: The fall of a billion-dollar realtor - msnbc.com

04/17/12

In June 2011, the partnership filed for Chapter 11 bankruptcy, a move that automatically stopped a foreclosure sale. BUSY OPEN HOUSE Now the property is set for auction on April 26, with OneWest hoping it can recover its loan plus interest and fees.

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

04/17/12

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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Black Eyed Peas - Former Black Eyed Peas Business Manager Files For Bankruptcy - Contactmusic.com

04/17/12

The Black Eyed Peas' former business advisor has filed for bankruptcy with debts of over $500,000 (Gbp312,500). Sean Larkin, who parted ways with the band after acknowledging he had failed to file income tax returns for them, is seeking Chapter 7 ...

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Cut! Film Producer Files for Bankruptcy - Wall Street Journal

04/17/12

The bankruptcy case could help the company borrow several million dollars that lenders might not otherwise have agreed to extend, said bankruptcy attorney Gregory Champeau, who said he had limited knowledge of the company’s finances.

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Tampa Bankruptcy Firm Clark & Washington Reminds Orlando Residents of Abraham Lincoln's Bankruptcy - PRLog (free press release)

04/17/12

The Tampa bankruptcy attorneys at Clark & Washington want to help you to achieve a future of financial stability and success. They provide in-office credit counseling to all clients as a part of their Tampa chapter 13 or chapter 7 filing. For more ...

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Allied Pilots Association warns American Airlines pilots of dire consequences if carrier cancels the union contract - Dallas Morning News (blog)

04/17/12

The answers are obvious." To members, the officers ticked off these possibilities: * In 33 of 33 previous bankruptcy cases, the bankrupt company was able to get the judge to reject the company's union contracts. • Without a contract, American management ...

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These Are The Best Credit Cards To Apply For Post-Bankruptcy - The Business Insider

04/17/12

However, filing for a Chapter 13 or Chapter 7 bankruptcy doesn’t mean that you should stop using credit altogether. The best way to get lenders to trust you again is to show them that you’re actively rebuilding your credit score through regular ...

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Free E-Book Helps Bankruptcy Filers Rebuild Their Financial Lives - Marketwatch

04/17/12

"According to U.S. Bankruptcy Court data, personal bankruptcy filings in 2009 and 2010 were at very high levels, 1.58 million and 1.66 million respectively," said Beth Mason, InCharge's Director of Outreach for Bankruptcy Services. "While 2011 ...

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Will: Hang on, this flight will be bumpy - Des Moines Register

04/17/12

A few miles from here, however, sits one of the reasons why his company nevertheless entered bankruptcy recently: the corporate headquarters of Southwest Airlines. Southwest, the most successful of the “low-cost” carriers that proliferated ...

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