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- Retail Roundup: Goody's, Gottschalks Seek Bankruptcy Protection, More
- Goody's, Gottschalks seek bankruptcy protection -- Apparel-retailer Goody's LLC and department-store-owner Gottschalks Inc. are seeking bankruptcy protection after sales continued to droop over the holidays. Gottschalks is looking for a buyer, while Goody's plans to liquidate after entering bankruptcy for the second time in seven months. Both companies filed their...
- Blog posts 2009-01-15
- TRIBUNE FILES FOR CH. 11 BANKRUPTCY PROTECTION; Cubs Not Included In Filing
- Tribune has filed for Chapter 11 protection this morning, in bankruptcy court in Wilmington, Delaware. This comes after the news yesterday that the debt-laden newspaper company and owner of LA Times and Chicago Tribune had hired investment bank Lazard and the law firm Sidley Austin to try and help...
- External links 2008-12-08
- Some Canwest Properties File For Bankruptcy
- Candian media giant Canwest has asked a court for bankruptcy protection for some of its flagship holdings, including the National Post newspaper and the Global Television Network. The move was expected. Canwest’s finances have been unraveling (Revenue dropped 14 percent last quarter, while losses jumped) and the company was...
- External links 2009-10-06
- Bankruptcy Protection for Your Accounts
- Are a debtor's retirement plan assets exempt from the individual's bankruptcy estate? Until recently, the answer to this question depended on whether or not the retirement plan holding the assets was an ERISA or a non-ERISA retirement plan. For non-ERISA retirement plans, the level of protection was determined by the...
- White papers 2006-01-30
- Aventine Files for Bankruptcy; CEO Miller Points to RINs
- Aventine Renewable Energy filed for Chapter 11 bankruptcy protection on Wednesday, yet another ethanol producer to go down the bankruptcy road in recent months. Just yesterday - and yes prior to the filing -Â BNET noted the Pekin, Ill.-based company was the next likely suspect among ethanol producers...
- Blog posts 2009-04-08
- The Basics of Bankruptcy Protection
- A business's accounting advisers are often among the first to know when an organization is facing financial difficulty. They are in a unique position to work with legal counsel in evaluating the company's financial problems and developing effective restructuring efforts. The sooner a restructuring plan is created, the more options...
- White papers 2003-01-01
- Waivers Of Bankruptcy Protections Contained In Workout Agreements
- The article says that when it is clear that the essential deal is additional time or other concessions to the debtor in exchange for an agreement not to file bankruptcy. It may be useful to make that situation clear in the workout agreement and also to provide carefully considered stipulations...
- White papers 1997-12-01
- Chrysler Files for Bankruptcy Protection
- Last-minute resistance by a group of Chrysler's secured creditors killed the last chance for Chrysler to reorganize itself without a bankruptcy filing, Administration officials said. by Jim Henry
- Blog posts 2009-04-30
- Retail Roundup: Lenox Files for Bankruptcy Protection, 7-Eleven and J.C. Penney Team-up, More
- Lenox files for bankruptcy protection --- Lenox Group Inc. joined the growing number of businesses falling victim to the sour economy recently: The Minnesota-based company, famed for its Lenox tableware and Department 56 collectibles, filed for Chapter 11 bankruptcy protection earlier this week. The company seeks court approval for $85...
- Blog posts 2008-11-25
- Retail Roundup: Circuit City Files for Bankruptcy Protection, Gifts Cards Fly Off Shelves, and More
- Circuit City files for bankruptcy protection -- After 59 years in business, retail giant Circuit City filed for Chapter 11 bankruptcy protection when the chain's suppliers cut off credit and demanded up-front cash for shipments. Sales at the chain's 1,500 locations have been declining for months, and the company owes...
- Blog posts 2008-11-10
- Advanta Files For Bankruptcy Protection
- NEW YORK (Reuters) - Advanta Corp ADVNA, a small business credit card lender in the United States, said on Sunday it filed for bankruptcy protection after the economic crisis over the last two years devastated its small business customers.In the filing with the U.S. Bankruptcy Court for the District of...
- News items 2009-11-08
Additional Resources
- Miami condominium project Bentley Bay set to emerge from bankruptcy protection.
- By Matthew Haggman, The Miami Herald Knight Ridder/Tribune Business News Dec. 9--The twin-tower Bentley Bay condominium project on South Beach is set to emerge from bankruptcy after a settlement between the developer and its biggest creditors, clearing the way for the troubled...
- Research articles 2004-12-09
- Federal-mogul files for chapter 11 protection.(Federal-Mogul Corp. files for bankruptcy)(Brief Article)
- Southfield, Michigan--In the face of mounting asbestos litigation, Federal-Mogul Corp. said it has filed Chapter 11 federal bankruptcy protection in the US and UK to separate those liabilities from its true operating potential. The seal maker will co Southfield, Michigan--In the face of mounting asbestos litigation,...
- Research articles 2001-11-01
- Recent Developments in Bankruptcy and Restructuring Vol.2, 3
- A basic tenet of federal bankruptcy law is that the automatic stay suspends creditor collection efforts and litigation against a debtor that files for bankruptcy protection, but does not apply to actions directed toward non-debtor third-parties. Still, there are exceptions to the rule. Under the right circumstances, the scope of...
- White papers 2003-03-01
- SCO fires CEO McBride as it tries to emerge from bankruptcy
- Network World - Unix software vendor SCO, struggling through bankruptcy and a Unix copyright trial involving Novell, has fired president and CEO Darl McBride. SCO "has eliminated the Chief Executive Officer and President positions and consequently terminated Darl McBride," the company reported last week in a filing with the Securities...
- News items 2009-10-19
- Randall Terry files for bankruptcy
- Randall Terry, founder of the radical anti-abortion group Operation Rescue filed for bankruptcy protection in November 1998, citing $1.7 million in debts including S 1.6 million Terry alleges he's been ordered by courts to pay NOW and Planned Parenthood. "NOW has never seen a penny from all of our litigation...
- Research articles 1999-01-01
- In need of repairs; Litigation alleges operational, accounting defects at equipment maintenance firm Neodyme, in bankruptcy protection since March.(various hospitals and health care companies, management)(Statistical Data Included)
- The corporate scandals rocking Wall Street and forcing an ordinarily divisive Congress to agree on tough anti-fraud laws have involved some of the country's best-known companies. Telecommunications giant WorldCom, energy powerhouse Enron, media conglomerate AOL Time Warner and cable-TV provider Adelphia Communications are some of...
- Research articles 2002-08-19
- Hopewell seeks protection
- Bankruptcy filing would avoid claims litigation DOUGLAS McLEOD NEW YORK - A mammoth $168.8 million property loss that pitted General Mills Inc. against its own captive insurer has now triggered a bankruptcy court battle between the captive and its BerBankruptcy filing would avoid claims litigation ...
- Research articles 1998-09-07
- Hopewell seeks protection; bankruptcy filing would avoid claims litigation. (Hopewell International Insurance Ltd.)
- NEW YORK - A mammoth $168.8 million property loss that pitted General Mills Inc. against its own captive insurer has now triggered a bankruptcy court battle between the captive and its Bermuda reinsurer. The reinsurer, Hopewell International Insurance NEW YORK - A mammoth $168.8 million property loss...
- Research articles 1998-09-07
- The Orange County Register, Calif., Business Briefs Column.(Knight Ridder/Tribune Business News)
- Mar. 14--NASDAQ STOPS TRADING IN PREMIER LASER: The Nasdaq stock exchange halted trading Monday in shares of Irvine-based Premier Laser Systems Inc., requesting additional information after the company's announcement last week that it filed for Chapter 11 bankruptcy protection. The money-losing maker of...
- Research articles 2000-03-15
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