Blog Posts in May, 2010

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Grocer Files for Bankruptcy

Supermercado del Pueblo, a Hispanic-oriented supermarket chain in Las Vegas, has filed for Chapter 11 bankruptcy protection. With the bankruptcy filing, it will shrink from four stores to one. The ...

Carolina Park Files for Bankruptcy

The developer of the Carolina Park tract in South Carolina has filed for bankruptcy protection. This bankruptcy filing will delay the court-ordered auction of the property that was supposed to take ...

Fisherman’s Wharf Owner Files for Bankruptcy

The owner of Fisherman's Wharf in Venice, Florida has filed for bankruptcy protection. The owner has been fighting the city and Sarasota County officials for years over a dock that is too long. Right ...

Arizona Grocer Close to Emerging from Bankruptcy

Bashas' Inc., a grocery store company in Arizona, is working on securing new financing that would allow it to emerge from bankruptcy protection by midsummer. The company plans to take out $200 million ...

Diabetic Service Files for Chapter 11

Certified Diabetic Services Inc. has filed for Chapter 11 bankruptcy protection despite winning back business. The company filed a voluntary bankruptcy petition in the U.S. Bankruptcy Court. The ...

Pharmaceutical Provider Enters Bankruptcy

Chem Rx Corp. is seeking bankruptcy protection from creditors in an effort to restructure. The company has now filed Chapter 11 documents in U.S. Bankruptcy Court. While the business remains strong, ...

Mall Files for Bankruptcy Protection

Highland Mall in North Austin, Texas has filed for bankruptcy protection. The mall had to file Chapter 11 bankruptcy because of legal tangle with tenants, vacating leases and recessionary pressure. ...

Supermarket Emerges from Bankruptcy

The supermarket chain Bi-Lo has emerged from Chapter 11 bankruptcy protection. The South Carolina-based company has successfully completed its financial restructuring. Reportedly, the company now has ...

Spansion Emerges from Bankruptcy

Spansion, the California maker of NOR flash memory chips, has emerged from Chapter 11 bankruptcy as a more profitable company. They have emerged later than expected, but after filing for bankruptcy, ...

Pasadena Playhouse Files for Bankruptcy

The Pasadena Playhouse in California has filed for Chapter 11 bankruptcy protection. The Playhouse announced in February that they halt their run of live performances and lay off its staff due to ...

Restaurant Files for Bankruptcy

Maria's Restaurant Inc., in the Annapolis area, has filed for Chapter 11 bankruptcy protection. The company plans to reorganize its debts, according to court records. Reportedly, Maria's has more than ...

Wichita Developer Declares Chapter 7 Bankruptcy

Wichita, Kansas developer and builder Tim Malone has declared Chapter 7 liquidation bankruptcy. He has cited liabilities of $7.5 million and assets of $1.2 million. Malone ran into a cash problem when ...

District Attorney Files Chapter 7

Mendocino County, California district attorney Meredith Lintott has filed for Chapter 7 bankruptcy. She has reported that filing for bankruptcy became necessary when her Fort Bragg home wouldn't sell. ...

Thomson Law Firm becomes a member of Find a Bankruptcy Lawyer

Thomson Law Firm has become a member of Find a Bankruptcy Lawyer. We are pleased to inform you that Ashdown Bankruptcy Lawyer, Thomson Law Firm, has become a member of our directory. If you need the ...

Six Flags Emerges from Bankruptcy

Six Flags has emerged from Chapter 11 bankruptcy after a restructuring process that cut the amusement park's debt by $1.7 billion. The company is now backed by $725 million in equity committed by new ...

Anpath Group Plans to File for Bankruptcy

Anpath Group Inc. is expected to seek Chapter 11 bankruptcy protection in order to restructure its debt and improve its capital. The company reportedly has a pre-arranged reorganization plan that is ...

Publisher Files for Chapter 11 Bankruptcy

Brown Publishing Company and Brown Media Holdings has filed for Chapter 11 bankruptcy protection. The publishing company owns a number of publication in ten states. The company hopes to continue ...

Fort Worth Business Press Owner Files for Bankruptcy

The Owner of the Fort Worth Business Press has filed for Chapter 11 bankruptcy. Reportedly, the court papers say that the company owes $94 million to two creditors. The company is also seeking a buyer ...

Heir Files for Bankruptcy

Ted Baer, the heir to the Brandeis fortune, has filed for Chapter 7 bankruptcy. Baer and his wife have filed a claim worth between $10 million and $50 million. Reportedly Baer has paid his attorneys ...

Freedom Communications Emerges from Bankruptcy

Freedom Communications, the parent company of more than 100 publications, has emerged from bankruptcy with new owners. The company used to be run by the Hoiles family, but will now be controlled by a ...

More in Connecticut Filing for Bankruptcy Protection

The number of Connecticut residents filing for Chapter 7 bankruptcy protection has increased 51% in the first three quarters of 2009 from the same time the year before. The number of Chapter 7 filings ...

Cunningham’s Funeral Home Files for Chapter 11

In Pennsylvania, Cunningham's Funeral Home has filed for Chapter 11 bankruptcy protection. According to court records, GM-1 Partnership was the successful bidder at a foreclosure sale of the ...

Mark Wentworth Home Emerges from Bankruptcy

The U.S. Bankruptcy Court has approved Mark Wentworth Home's plan for reorganization, which will allow it to emerge from Chapter 11 bankruptcy. The company was originally seeking the court's ...

Senior Living Chain Emerges from Bankruptcy

Erickson Retirement has emerged from Chapter 11 bankruptcy protection six months after it filed. The company has been able to stabilize operations and secure financing thanks to new management. The ...

Erickson Emerges from Bankruptcy

Erickson Retirement Communities LLC has emerged from Chapter 11 bankruptcy. The company has also been sold to Redwood Capital Investments. The company originally filed for bankruptcy because they were ...
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