News

Personal bankruptcies up in Broward County in March - Sun Sentinel

04/01/12

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, unemployment and ...

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Controversial developer Terry Diehl owes $41.7 M, files bankrupcy - ksl.com

04/01/12

SALT LAKE CITY — Embattled developer and former Utah Transit Authority trustee Terry Diehl has filed for Chapter 11 bankruptcy, seeking relief for more than $41.7 million owed to banks, credit unions, developers, auto dealers and even Las Vegas casinos.

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Controversial developer Terry Diehl owes $41.7 M, files bankrupcy - ksl.com

04/01/12

SALT LAKE CITY — Embattled developer and former Utah Transit Authority trustee Terry Diehl has filed for Chapter 11 bankruptcy, seeking relief for more than $41.7 million owed to banks, credit unions, developers, auto dealers and even Las Vegas casinos.

[more]

Controversial developer Terry Diehl owes $41.7 M, files bankrupcy - ksl.com

04/01/12

SALT LAKE CITY — Embattled developer and former Utah Transit Authority trustee Terry Diehl has filed for Chapter 11 bankruptcy, seeking relief for more than $41.7 million owed to banks, credit unions, developers, auto dealers and even Las Vegas casinos.

[more]

Hostess Serves Up New Batch of Cuts - Wall Street Journal

04/01/12

Now, with the Twinkie maker back on life support after Hostess filed for Chapter 11 protection again in January, Mr. Peruzzi and about 16,000 other unionized workers are being asked to give up yet more, or their jobs will cease to exist.

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Portuguese face crushing debt - Washington Times

04/01/12

LISBON | Nuno Pinto is 40, out of work and contemplating a step he thinks is the only way out of his family’s financial plight: personal bankruptcy. Mr. Pinto, like many Portuguese, is financially strapped. He has no income, and gets by with ...

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Talk of Philadelphia Media Network sale - United Press International

04/01/12

A group of hedge funds and other investors led by Alden Global Capital and Angelo, Gordon & Co., have owned PMN since Oct. 8, 2010, after acquiring the company in a auction overseen by U.S. Bankruptcy Court for $139 million. The sale ...

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American Airlines wants to emerge from bankruptcy quickly - Sioux City Journal

04/01/12

On the same call, the company's board finalized the decision to file for Chapter 11 the next morning. Horton says he got little sleep, knowing that he would have to explain the move to thousands of investors, employees, business partners, and reporters.

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Former NBA Star Antoine Walker -- Free and Clear in Bankruptcy Case - TMZ.com

04/01/12

Antoine Walker can finally breathe easy -- he is officially done with his bankruptcy case.  The former NBA star -- who was $12.7 million in debt despite reportedly making $110 million in his NBA career -- was discharged from bankruptcy by a ...

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Grand Soleil sold, name to be Vue Hotel - Biloxi Sun Herald

04/01/12

In May 2011, businesses reportedly owed a total of $1.6 million petitioned to force Grand Soleil into involuntary Chapter 7 bankruptcy. The resort began voluntary Chapter 11 reorganization in bankruptcy court in August. Grand Soleil's bankruptcy ...

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