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He and 15 others could split about $2.3 million in the latest bankruptcy case, or about $144,000 each. But just like in the first case, certain financial goals have to be met for the managers to receive their bonuses. For instance, they are ...

On December 16, 2011, the Alameda Superior Court entered a Temporary Restraining Order preventing a pharmacy and a limited liability company from issuing corporate or LLC resolutions authorizing the filing of bankruptcy. (See Alameda Superior Court Case No ...

As Pinnacle Airlines Corp. moves from restructuring to bankruptcy reorganization, an already complex corporate turnaround is about to get much more complex. But it will probably also get more predictable. Chapter 11 bankruptcy reorganization has ...

according to a Chapter 7 bankruptcy filing in South Florida. Sapp’s $6.45 million in assets includes 240 pairs of Jordan athletic shoes worth almost $6,500, a $2,250 watch and a lion skin rug worth $1,200. He also reported losing his 2002 ...

Ambassador Media Group, a New York publisher of yellow-pages directories, filed for Chapter 7 bankruptcy Friday, saying no payout is expected for unsecured creditors. The unsecured creditors are owed $3.5 million, most of which is due to a ...