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One week before the first of those cases was set for trial last month, Whispering Pines filed for bankruptcy protection in federal court, imposing an automatic hold on civil actions against the company. In court filings, the families recount ...

Wawarsing's Western Mohegan Tribe and Nation avoided having their property put on the auction block through a well-timed bankruptcy filing. The judgment holders — the law firm of Todtman, Nachamie, Spizz & Johns, who previously served as ...

Current market levels suggest a recovery ratio of just under 20% TOKYO (MarketWatch) -- The bankruptcy filing of Japanese chipmaker Elpida Memory Inc. has triggered a rare auction for credit default swaps linked to the company's bonds ...

NIAGARA FALLS — The parent company of Direct Air, the discount airline which has flown out of Niagara Falls International Airport since 2007, has filed for bankruptcy protection. Southern Sky Air & Tours LLC on Thursday filed for Chapter 11 protection in ...

but that figure is likely to be reduced or wiped out altogether as the complex bankruptcy litigation involving Mr. Madoff’s investment operation plays out. The trustee, Irving H. Picard, had initially sought $1 billion, declaring that the ...