News

Delilah's, key soul food stands at Reading Terminal Market, closed because of bankruptcy - Philadelphia Daily News

03/21/12

The stands are closed, apparently as a result of a bankruptcy case in New Jersey, where founder Delilah Winder lives and bases her business. Winder did not return messages left at her office and on her cell phone Tuesday. Her attorneys indicate ...

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Wisdom Wednesdays With Lynn Richardson: Myths About Bankruptcy - Global Grind

03/21/12

FACT 3: In most cases, your bank will not close your account solely because of a bankruptcy filing. Some banks do, however, run a credit report as a pre-screening factor for opening a new checking account and if you have filed a bankruptcy, your request to ...

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Embraer 4Q Hurt by AMR Bankruptcy - Yahoo Finance

03/21/12

Results missed the Zacks Consensus Estimate of earnings of 71 cents. The reported loss may be attributable to the provision of $360.7 million due to the Chapter 11 bankruptcy of Embraer’s key client American Airlines (“AMR”), which washed ...

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MIDEAST DEBT-Arcapita Chapter 11 exception, not rule for Gulf - The Guardian

03/21/12

DUBAI, March 21 (Reuters) - Bahraini investment house Arcapita's move to file for bankruptcy protection in the United States, while a milestone for debt restructuring in the Gulf, is unlikely to prompt other regional firms to follow suit. Arcapita became ...

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Delilah's, key soul food stands at Reading Terminal Market, closed because of bankruptcy - Philadelphia Daily News

03/21/12

In a recent bankruptcy court filing, the Commonwealth of Pennsylvania claimed that Winder and her company, Southern Girl Inc., owed $840,227.73. Last year, Winder filed for bankruptcy protection under Chapter 11 of the Bankruptcy Code ...

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Aussie Pet Mobile (USA) Undertakes Corporate Restructure with No Plans to Put the Brakes On - YAHOO!

03/21/12

The USA operation of the International brand ‘Aussie Pet Mobile’ has filed for Voluntary Chapter 11 Reorganization. With no plans to put the brakes on, the mobile pet groomers will continue to strengthen their operations at the franchise level ...

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Bankruptcy protection sought for student debt - Delaware Online

03/21/12

The largest private student lender is Sallie Mae, which made $2.7 billion in private education loans last ... allow federal and private student loans to be dischargeable in bankruptcy for those who have made a good-faith effort to repay their ...

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CORRECTED-UPDATE 2-Embraer books net loss on AMR bankruptcy - Reuters

03/20/12

The aircraft maker set aside a provision of $360.7 million due to the Chapter 11 bankruptcy of key client American Airlines, which is renegotiating the leases on its fleet of Embraer regional jets. More deliveries of big-ticket commercial jets ...

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Charles Street AME Church to file for bankruptcy to block OneUnited’s foreclosure action - Boston Globe

03/20/12

Groover Sr. said in an interview with the Globe. The bankruptcy filing, he said, “allows the church to go on and continue to operate and focus on our ministry.” Under the bankruptcy petition, which lawyers planned to file electronically ...

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Vista Affiliate's $250M Buy Of CDC Software Gets Nod - site.law360.com

03/20/12

Law360, New York (March 20, 2012, 10:15 PM ET) -- A Georgia bankruptcy judge on Tuesday approved CDC Corp.'s sale of its 87 percent stake in CDC Software Inc. to Vista Equity Partners affiliate Archipelago Holdings Inc. for nearly $250 million. In an order ...

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