News

Local group to buy Phila. Media Network for $55 million - Philadelphia Daily News

04/02/12

Osberg. Representatives of New York hedge-fund managers Alden Global Capital and Angelo, Gordon & Co. have generally kept quiet throughout the sale process. They bought the media properties after a hotly contested bankruptcy auction in 2010 in a ...

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Beef processor files for bankruptcy amid "pink slime" uproar - Reuters

04/02/12

customers and other business partners," Ronald Allen, interim chief executive of AFA Foods, said in a statement. The case is In re: AFA Foods Inc, U.S. bankruptcy court, District of Delaware, No: 12-11128.

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UPDATE 3-Beef processor files for bankruptcy amid 'pink slime' uproar - Reuters

04/02/12

In filing for bankruptcy, it cited "recent changes in the market" for its products and media coverage related to the filler, and said it was seeking a sale of some or all of its assets. AFA owner Yucaipa Companies, the investment firm founded by ...

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UPDATE 3-Beef processor files for bankruptcy amid 'pink slime' uproar - Reuters UK

04/02/12

In filing for bankruptcy, it cited "recent changes in the market" for its products and media coverage related to the filler, and said it was seeking a sale of some or all of its assets. AFA owner Yucaipa Companies, the investment firm founded by ...

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CORRECT: AFA Foods Files for Chapter 11, Citing 'Pink Slime' - NASDAQ

04/02/12

Meat processor AFA Foods Inc., which has come under fire recently for its use of a low-grade form of meat, referred to as pink slime, filed for Chapter 11 bankruptcy Monday, saying that a sale of its assets is the best way to preserve the ...

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Antoine Walker Lives On Less Than $25K, Evelyn Lozada Sued For Owed Money - News One

04/02/12

A federal judge has discharged a $12.7-million bankruptcy case that was filed by former NBA star baller Antoine Walker, according to TMZ. At the time of the filing in 2010, Walker had a net worth of $4.3 million despite making more than $110 million ...

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Personal bankruptcies up in Broward County in March - Sun Sentinel

04/02/12

The number of Broward County residents filing for bankruptcy rose for the fourth month in a row in March to 866, up from 780 in February, according to data released Monday by the U.S. Bankruptcy Court in Miami. In recent months, a rise in ...

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Pinnacle Airlines files for Chapter 11 bankruptcy protection, plans to restructure debt - Minneapolis Star Tribune

04/02/12

NEW YORK - Pinnacle Airlines Corp., a regional carrier that flies under contract for Delta, United, Continental and US Airways, has filed for bankruptcy protection to deal with its mounting debt. The Memphis, Tenn.-based airline said late Sunday ...

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WorldGate files for Chapter 7 bankruptcy - msnbc.com

04/02/12

WorldGate Communications, the Bensalem company that once claimed its personal video phones would revolutionize the telecommunications industry, has filed for Chapter 7 bankruptcy. The company said in court documents that it has between $10 million and $50 ...

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Pinnacle Airlines files Chapter 11 - The Business Journal

04/02/12

Pinnacle Airlines Corp. Pinnacle Airlines Corp. Latest from The Business Journals Pinnacle Airlines bankruptcy will impact US Airways Commuter carrier to wind down operations at RDU Pinnacle Airlines files Chapter 11 Follow this company and its ...

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