News

MF Global Creditors Say Brokerage Trustee Isn’t Helping - Bloomberg

04/12/12

The brokerage case is Securities Investor Protection Corp. v. MF Global Inc., 11-02790, U.S. District Court, Southern District of New York (Manhattan). The parent’s bankruptcy case is MF Global Holdings Ltd., 11-bk-15059, U.S. Bankruptcy Court ...

[more]

More People Filing for Bankruptcy Have Significant Student Debt Burdens - PR-USA.net

04/12/12

Over the past few years, the number of people filing for bankruptcy with significant student loan burdens has increased. While the burden of student loans can contribute to a tough financial situation, student loans are generally not forgiven in bankruptcy.

[more]

Reddy Ice Holdings Files For Bankruptcy Protection - Quick Facts - RTT News

04/12/12

(RTTNews) - Reddy Ice Holdings, Inc. (RDDY.PK: News ) announced that it has filed a voluntary Plan of Reorganization under Chapter 11 of the U.S. Bankruptcy Code in the United States Bankruptcy Court for the Northern District of Texas to complete its ...

[more]

More People Filing for Bankruptcy Have Significant Student Debt Burdens - PR-USA.net

04/12/12

Over the past few years, the number of people filing for bankruptcy with significant student loan burdens has increased. While the burden of student loans can contribute to a tough financial situation, student loans are generally not forgiven in bankruptcy.

[more]

Newt Inc.’ Bankrupt as Campaign Operates on Shoestring - Bloomberg

04/12/12

The former U.S. House speaker’s time on the campaign trail has led to the shuttering of two businesses that generated $107 million in income during the last 10 years and helped him accrue at least $7.3 million in assets. His campaign also is ...

[more]

Palma bought properties from Christian Brothers affiliate - Monterey County Herald

04/12/12

Months after last year's bankruptcy filings by two prominent Catholic organizations, the real estate arm of one of them sold two Salinas properties to Palma High School, county records show. The transfer of the West Acacia Street lots ...

[more]

Weltman & Moskowitz, LLP Welcomes Melissa A. Guseynov as Associate Attorney - PRLog (free press release)

04/12/12

Guseynov’s practice concentrates on corporate and financial restructuring, insolvency, bankruptcy litigation, secured transactions and financings, general corporate, mergers and acquisitions, and debtors’ and creditors’ rights. Ms. Guseynov ...

[more]

Reddy Ice plans to file for bankruptcy protection - New York Post

04/12/12

DALLAS — Reddy Ice Holdings Inc., which makes packaged ice, said Thursday that it plans to file for Chapter 11 bankruptcy protection as it reported a bigger fourth quarter loss than a year ago. The Dallas company said it wants to pursue a possible buyout ...

[more]

Reddy Ice plans to seek Chapter 11 protection - The Business Journal

04/12/12

Reddy Ice Holdings Inc. said Thursday that it plans to seek Chapter 11 bankruptcy protection. “The company’s plan has the support of a majority of its lenders and major creditors,” Dallas-based Reddy Ice (OTCQB: RDDY.PK) said in a news ...

[more]

Direct Air bankruptcy goes to Chapter 7 - Press Republican

04/12/12

PLATTSBURGH — A judge has approved a request to convert the Direct Air bankruptcy from a Chapter 11 reorganization to a Chapter 7 liquidation. U.S. Bankruptcy Judge Melvin Hoffman issued the order in U.S. Bankruptcy Court for the District of ...

[more]