News

Bank: Church has no right to file Chap. 11 - Boston Herald

04/11/12

Roxbury’s historic Charles Street AME Church — which filed Chapter 11 recently to avoid foreclosure — might not have the right to bankruptcy protection at all, the congregation’s lender claims. Boston’s OneUnited Bank argues in court papers that ...

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New order allegedly operating at Scott's address - Waterloo Cedar-Falls Courier

04/11/12

The self-anointed Benedictine monk left behind 19 llamas and most of his belongings, which are part of a civil lawsuit in Illinois and bankruptcy cases in Iowa and Illinois. According to the Traditional Catholic Directory's update for April, something ...

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Details for Chinqua Penn auction unveiled - Greensboro News & Record

04/11/12

The two auction houses are partnering in the sale, which is expected to raise about $2 million to help offset bankruptcy claims involving Chinqua Penn's owner, Mocksville businessman Calvin Phelps. A bankruptcy judge ordered the sale of Chinqua ...

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PA Medical Center Files for Chapter 11 - HealthLeaders Media

04/11/12

Saint Catherine Medical Center in Ashland, PA filed an emergency petition for Chapter 11 bankruptcy on Monday. The action follows a tumultuous couple of weeks for the medical center. In March an unannounced survey visit by the state Department of Health ...

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Auction set for bankrupt Newport mega-mansion - Orange County Register

04/11/12

A hilltop palace once valued as high as $87 million is set to go on the auction block this month for considerably less after a bankruptcy judge approved the sale of the Newport Coast property. Owners of the estate once known as Villa del Lago ...

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UPDATE: Mister Bee To Resume Operations - WTAP

04/11/12

(AP) - Mister Bee Potato Chips Co. is resuming production with the help of a private investor. The Parkersburg company filed for Chapter 11 bankruptcy last November. Since then, Mister Bee says it has restructured its organization and operations.

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UPDATE: Mister Bee To Resume Operations - WTAP

04/11/12

(AP) - Mister Bee Potato Chips Co. is resuming production with the help of a private investor. The Parkersburg company filed for Chapter 11 bankruptcy last November. Since then, Mister Bee says it has restructured its organization and operations.

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Big banks woo subprime borrowers again - msnbc.com

04/11/12

Annette Alejandro just emerged from bankruptcy and doesn’t have a job ... Credit card lenders extended $12.5 billion in loans to subprime borrowers last year, up 54.7 percent from 2010, according to Equifax and Moody’s, but still below ...

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Bankruptcy hearing scheduled on slavery museum - HamptonRoads.com

04/11/12

Representatives of the U.S. National Slavery Museum are heading back to U.S. Bankruptcy Court as they attempt to organize ... Wednesday in Richmond on the museum's efforts to dig out from $7 million in debt. Wilder's attorney in the proceedings, Sandra ...

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RPT-The other MF Global money mystery: trustee's fees - Reuters

04/11/12

"It's just not the way bankruptcy works. Trustees have to be paid." The coalition is still trying to reduce the cost of the case by other means, most notably by pushing to convert it to a more streamlined liquidation under Chapter 7 of the ...

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