News

Direct Air creditors are owed $8.6M; thousands more due to ticket-holders - Worcester Telegram & Gazette

03/22/12

The Myrtle Beach, S.C.-based charter air service had provided low-cost air service from the airport for about three years before filing for bankruptcy protection late last week. Direct Air owes the most by far, $3.3 million, to Chemoil Corp. of ...

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Tax Refunds and Chapter 7 Bankruptcy - 24-7PressRelease.com

03/22/12

What tax rules apply to Chapter 7 bankruptcy? Can you spend your tax refund? What is the wildcard exemption? Learn more from Pelley Law Office, L.L.P. March 22, 2012 /24-7PressRelease/-- In only a few weeks, taxes are due. Which begs the question: if you ...

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State: Ex-CEO fleeced Taos elderly of millions - Taos News

03/22/12

Himes, 42, faces a total of 12 charges, including racketeering, operating as an unlicensed sales representative, conspiracy and securities fraud prior to Plaza de Retiro’s bankruptcy and subsequent sale to a Texas-based company. Securities Division ...

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Yavapai Downs headed to auction April 3 - Daily Courier

03/22/12

The judge agreed Wednesday with the bankruptcy trustee's request to expedite the hearing and schedule it 13 days out instead of the usual required 21 days. "The sooner a sale can be scheduled, the more likely it is that a horse racing season will result ...

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AMR Said to Ready Bankruptcy Court Bid to Dump Contracts - Bloomberg

03/22/12

The company’s labor bill as a percentage of sales was the highest among its airline peers before entering bankruptcy, according to data compiled by Bloomberg. The case is In re AMR Corp., 11-15463, U.S. Bankruptcy Court, Southern District of ...

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Hobart board hires special attorney to protect city's interest in Silverstone sale - NWI.com

03/22/12

HOBART | An attorney specializing in bankruptcy issues will handle the city's interests in the sale of a commercial development planned for U.S. 30 and Mississippi Street. The Board of Works on Wednesday hired Kenneth Chigges, an attorney for Ice Miller ...

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IF YOU ARE CURRENTLY IN BANKRUPTCY - Daily News

03/21/12

OFFICE AS YOU MAY BE ENTITLED TO THE BENEFITS OF THE SERVICEMEMBERS CIVIL RELIEF ACT. MORTGAGE SALE - Default has been made in the conditions of a mortgage made by Peter L. Demboski, a single man, to JPMorgan Chase Bank, National Dickinson County Records ...

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Church stops bank ‘dead in its tracks’ - Boston Herald

03/21/12

Roxbury’s historic Charles Street African Methodist Episcopal Church has filed for Chapter 11 bankruptcy protection at the 11th hour to halt a foreclosure auction that its bank had planned to hold tomorrow. “The short story is that there will be no ...

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Direct Air creditors are owed $8.6M; thousands more due to ticket-holders - Worcester Telegram & Gazette

03/21/12

The Myrtle Beach, S.C.-based charter air service had provided low-cost air service from the airport for about three years before filing for bankruptcy protection late last week. Direct Air owes the most by far, $3.3 million, to Chemoil Corp. of ...

[more]

Washington Mutual, Inc. Completes Chapter 11 Restructuring Process - Yahoo Finance

03/21/12

SEATTLE, March 19, 2012 /PRNewswire/ -- Washington Mutual, Inc. (Pink Sheets: WAMUQ) ("WMI" or the "Company") announced that its Seventh Amended Joint Plan of Affiliated Debtors Pursuant to Chapter 11 of the United States Bankruptcy Code (as ...

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