News

Frank McCourt laughs all the way to the bank - Los Angeles Times

03/30/12

Shortly after he took the club into bankruptcy last year, Major League Baseball accused ... if anything, on the team's sale. In hindsight, the settlement looks like a bargain for him and a miscalculation by her. "If she had known then what ...

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Albany bankruptcy filings decline by 10 percent - Times Union

03/30/12

That's a 10 percent drop from the first three months of 2011, when there were 982 bankruptcy filings, although this quarter's numbers are still preliminary. Chapter 7 filings, in which businesses or personal filers have to liquidate assets, were down 10 ...

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Martino “fed up” with publicity of his bankruptcy - Denver Post

03/30/12

In a filing last week in his six-month-old personal bankruptcy case in U.S. Bankruptcy Court in Denver, Martino, 58, said his efforts at seeking “a fresh start” were stalled by court-appointed Trustee Simon Rodriguez painting “a negative ...

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Sino-Forest Files Bankruptcy, $4B Suit For Ponzi Report - site.law360.com

03/30/12

Law360, New York (March 30, 2012, 6:26 PM ET) -- Scandal-plagued Sino-Forest Corp. on Friday filed for bankruptcy protection, announced a potential sale and launched a $4 billion defamation suit against an analyst that set off a firestorm in June by ...

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Ener1 Exits Chapter 11 As Private Company; Common Stock Canceled - Smart Money

03/30/12

Ener1 Inc. (HEVVQ), a manufacturer of rechargeable car batteries, said it emerged from Chapter 11 bankruptcy as a privately held company. As part of the court-approved restructuring, which became effective Friday, Ener1's common stock was ...

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Sino-Forest to File for Bankruptcy Protection in Canada - Businessweek

03/30/12

said it will file for bankruptcy protection as part of a plan that may see the company sold to bondholders. Sino-Forest agreed with the holders to a sale of the company or a restructuring under which they would acquire substantially all of its assets.

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Sino-Forest Files for Bankruptcy Protection, Seeks Sale - Bloomberg

03/30/12

You need to enable Javascript to play media on Bloomberg.com Sino-Forest Corp. (TRE), the Chinese timber grower accused of fraud by short seller Carson Block in June, filed for bankruptcy protection as part of a plan that may see the company ...

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Professionals are sending in their bills in AMR/American Airlines bankruptcy case - Dallas Morning News (blog)

03/30/12

AMR consultants, lawyers and the like apply for $8 million in fees and expenses We're starting to get statements of fees earned in the AMR/American Airlines bankruptcy case, so we thought we've present what we've found so far. This list only covers a ...

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Ener1, Inc. Completes Financial Restructuring and Emerges From Chapter 11 - Sacramento Bee

03/30/12

NEW YORK, March 30, 2012 -- NEW YORK, March 30, 2012 /PRNewswire/ -- Ener1, Inc. (the "Company") today announced it has completed its financial restructuring and successfully emerged from Chapter 11 bankruptcy as a privately-held company.

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The Broke and the Beautiful: Magic Edition - Wall Street Journal

03/30/12

According to documents filed with the Salt Lake City bankruptcy court, Buck and his wife, Roxi Buck, filed for Chapter 7 bankruptcy protection in 2001 and 2010. The 2001 case lasted for more than seven years, but the 2010 case was dismissed last July.

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