News

Texan buys Tracy Press for $1.25M - Record

03/31/12

Lee Wilcox of JP Media Partners in San Angelo, Texas. The $1.25 million sale was approved this week by a federal bankruptcy judge in Sacramento. The Matthews family has owned the Press since 1943, the Patterson Irrigator since 2003 and the ...

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Lawyers say bankrupt tribe owes $235,000 - Times Herald-Record

03/31/12

The tribe's former lawyers contested virtually every aspect of the Mohegan's Chapter 11 bankruptcy filing. "The Tribe is ineligible to be a debtor, and has no business to reorganize," wrote Jill Makower of Todtman, Nachamie, Spizz & Johns in a ...

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Sino-Forest files for bankruptcy protection - North County Times

03/31/12

Chinese timberland company Sino-Forest Corp., which is being investigated for fraud, said Friday it is filing for bankruptcy protection, putting itself up for sale and filing a lawsuit against the research firm that accused the company of exaggerating its ...

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Sino-Forest files for bankruptcy protection - Miami Herald

03/31/12

The request to the Ontario Superior Court is the equivalent of U.S. Chapter 11 filing. "We believe the full value of our assets will only be achieved if we are able to continue operating the business, and repair and preserve relationships with ...

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China’s Sino-Forest files for bankruptcy protection, plans sale or restructuring - Washington Post

03/31/12

TORONTO — Chinese timberland company Sino-Forest Corp., which is being investigated for fraud, said Friday it is filing for bankruptcy protection, putting itself up for sale and filing a lawsuit against the research firm that accused the ...

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Sino-Forest files for bankruptcy protection - Houston Chronicle

03/31/12

The request to the Ontario Superior Court is the equivalent of U.S. Chapter 11 filing. "We believe the full value of our assets will only be achieved if we are able to continue operating the business, and repair and preserve relationships with our ...

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Airline Bankruptcy: Learn From Direct Air - The Ledger

03/31/12

The passenger-jet airline Direct Air operated out of Lakeland Linder Regional Airport — one of 17 airports — for almost eight months before grounding itself March 13 and filing for Chapter 11 bankruptcy protection March 15. Direct Air ...

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Clock is ticking to fix Downs title issues - Daily Courier

03/30/12

... on the track and its associated facilities during an expedited hearing at 10 a.m. Tuesday in the bankruptcy court building in Phoenix. "The sooner a sale can be scheduled, the more likely it is that a horse racing season will result, and the more ...

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Utah developer Terry Diehl files for Chapter 11 - Salt Lake Tribune

03/30/12

Developer Terry Diehl, a former member of the Utah Transit Authority board, filed for Chapter 11 bankruptcy Friday, and public records show he owes more than $43 million. Diehl’s largest debt is with America First Credit Union in Ogden, to ...

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Utah developer Terry Diehl files for Chapter 11 - Salt Lake Tribune

03/30/12

Developer Terry Diehl, a former member of the Utah Transit Authority board, filed for Chapter 11 bankruptcy Friday, and public records show he owes more than $43 million. Diehl’s largest debt is with America First Credit Union in Ogden, to ...

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