Blog Posts in July, 2010

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Mall Owner Has Plans to Emerge from Bankruptcy

General Growth, which owns more of the regional malls in Central Maryland, has announced that it has plans to emerge from Chapter 11 bankruptcy protection as two separate entities. Key properties in ...

Telecommunications Equipment Maker Files Bankruptcy

Nortel Networks Inc., which was once a part of the biggest maker of telecommunications equipment in the U.S., has filed a bankruptcy plan without disclosing how much creditors will be repaid. The plan ...

Tracy Press Inc. Files Chapter 11

Tracy Press Inc., the parent company of the weekly Scotts Valley Pres Banner has filed for Chapter 11 bankruptcy reorganization. According to the board of directors, the company is insolvent and ...

Mayor Files for Bankruptcy

The mayor of Layton, Utah has filed for bankruptcy and cited that the bad economy is the reason. Steve Curtis has listed liabilities at $386,000, including credit card bills and mortgages. He ...

Hotel and Casino Owner Files for Bankruptcy

Riviera Holdings Corp., the owner of the Riviera Hotel & Casino in Las Vegas, has filed for bankruptcy protection. According to the pre-negotiated deal, ownership will be transferred to senior ...

Former Steeler Files for Bankruptcy

Dermontti Dawson, a former Pittsburgh Steeler All-Pro center, has filed for Chapter 7 bankruptcy in Lexington, Kentucky. Dawson has listed his assets at $1.4 million and liabilities at $69 million. ...

Arrow Air Files for Bankruptcy Again

The cargo carrier Arrow Air Inc. has filed for bankruptcy after shutting down all scheduled service operations and has ceased flying as well. The company has listed its debt at as much as $500 ...

Former “70’s Show” Star Dealing with Bankruptcy

Danny Masterson, an actor from "That 70's Show" has had his Nevada limited liability company filed for bankruptcy. The company, Bellalily LLC is being sued by TomatoBank over a $3.2 million loan that ...

Truvo Files for Chapter 11 Bankruptcy

Truvo USA LLC, the publisher of print and online directories, has filed for bankruptcy protection in order to restructure its debt. The company filed Chapter 11 bankruptcy in New York. According to ...

Asbestos-Plagued Unit Files for Protection

Circor International Inc.'s Leslie Controls unit has filed a plan for bankruptcy protection. This was done in order to stem litigation costs that have plagued the company that makes valves. The ...

Rapper’s Car Dealer Files Bankruptcy

Martin Cadillac LLC of Englewood, New Jersey has filed for Chapter 11 bankruptcy protection. The dealership has supplied cars to rappers Diddy and Jay-Z. According to reports, the dealership is ...

Child Care Provider Files for Bankruptcy

Janice Castagnoli, a child care provider who owns Koalaty Time Inc., has filed personal bankruptcy. She has declared debts of more than $8.1 million and assets of less than $800,000. The child care ...

Law Offices of Joseph J. Mancuso becomes a member of Find a Bankruptcy Lawyer

Law Offices of Joseph J. Mancuso has become a member of Find a Bankruptcy Lawyer. We are pleased to inform you that Orlando Bankruptcy Lawyer, Law Offices of Joseph J. Mancuso, has become a member of ...

Forte Law Firm P.A. becomes a member of Find a Bankruptcy Lawyer

Forte Law Firm P.A. has become a member of Find a Bankruptcy Lawyer. We are pleased to inform you that Tampa Bankruptcy Lawyer, Forte Law Firm P.A., has become a member of our directory. If you need ...

Mall Owner to File Bankruptcy Plan

It is expected that General Growth Properties Inc., the second largest mall owner in the U.S., will file a Chapter 11 bankruptcy reorganization plan soon. The company has filed a request to extend its ...

Playhouse to Emerge from Bankruptcy

Pasadena Playhouse is getting set to emerge from bankruptcy after having its restructuring plan signed off on by a bankruptcy court. The Playhouse filed for Chapter 11 protection in May in order to ...

Harlem Hospital Declares Bankruptcy

Harlem's North General Hospital is reportedly planning to file for Chapter 11 bankruptcy. As a result of this filing, the hospital will also be shutting down. In place of the hospital, an urgent care ...

Former KISS Guitarist Loses Appeal

Vinnie "Wiz" Vincent, the former guitarist for KISS has lost his bankruptcy appeal, which will allow for his former band mates to sell his KISS songwriting copyrights for payment of a judgment they ...

Hotel Owner Files for Bankruptcy

According to reports, the owner and operator of a boutique San Diego hotel and landlord to a House of Blues music club next door has filed for Chapter 11 bankruptcy protection. This filing is ...

Applejack Art Partners Files Chapter 11

The manufacturer of licensed art prints, Applejack Art Partners, has filed for Chapter 11 bankruptcy protection. The company has released a statement that the filing was necessary in order to try and ...

Olsen Twins’ Father Files for Bankruptcy

According to various reports, Mary-Kate and Ashley Olsen's father has filed for bankruptcy and is also facing foreclosure on his California home. David Olsen has reportedly fallen behind on payments ...

Plumbing Distributor Files for Bankruptcy Protection

A Mahwah, New Jersey-based plumbing distributor Ridgewood Corp. has filed for Chapter 11 bankruptcy protection. The company has reported that revenue has fallen so much that the company needs to be ...

Mark Brunell Files Chapter 11

Former Jacksonville Jaguar quarterback Mark Brunell has filed for Chapter 11 bankruptcy. According to reports, Brunell lists assets at $5.5 million, while liabilities are at $25 million. Brunell's ...

Flying J to Exit Bankruptcy

The truck stop operation company, Flying J Inc., has won court approval of a Chapter 11 plan to exit bankruptcy. This means payment in full for creditors from some $2 billion worth of asset sales and ...

Landlord’s Bankruptcy Being Challenged

A landlord is Aspen, Colorado is having its bankruptcy challenged by a Carbondale-based lender that claims the Chapter 11 was filed in bad faith. Downtown Aspen Investments LLC filed a motion to ...
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