The sale is slated to close April 30. Wilcox had offered $1.01 million to the Matthews family, which publishes the newspapers. The Tracy Press, parent company of the Press Banner, filed for bankruptcy in July 2010 so the sale had to be approved ...
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 ...
Wall Street remains wary and rumors are heightening about a potential Chapter 11 bankruptcy filing in the wake of Hawker Beechcraft’s announced agreement with lenders that provides a short-term reprieve from upcoming interest payments.
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 ...
The bankruptcy petition puts estimated assets at between $1 million and $10 million and states that liabilities are more than $10 million. One of the creditors, Commercial Bank of Harrogate, Tenn., sought the foreclosure sale. The bank says it's ...
The bankruptcy filing lists the Swisshelms’ assets at $7.62 million, but they have liabilities of $17.6 million. The Swisshelms owe money to more than 100 creditors, and reported their monthly income at $548, with monthly expenses of $4,209.
"Consumers and businesses in district states saw a fairly significant decline in the number of bankruptcy filings last year," the Fed's Ron Wirtz writes. " Every state saw a drop..." Here are the Fed's charts: Chapter 7 is a liquidation where the trustee ...
McCourt threw the team into Chapter 11 bankruptcy last June in the midst of a contentious ... He tweeted about meeting with Dodger broadcasting legend Vin Scully about the sale, confessing he "acted like an excited little kid speaking to the LA icon.”
“The issue of whether MERS had authority to assign the mortgage was no longer before the bankruptcy court,” Seybert wrote. “There was no longer a live case or controversy.” Merscorp was created in 1995 to help county officials cope with ...
The county's lead bankruptcy attorney Kenneth Klee (who helped write the ... Before the speech, he said the county is in about the third inning of this Chapter 9 fight and this case is going about as he expected, though it's been more contentious than ...
