Blog Posts in November, 2010
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Posted on Nov 30, 2010
The parent company of Johnson Memorial hospital has reportedly emerged from Chapter 11 bankruptcy protection. Johnson Memorial Corp., located in the Stafford Springs, Connecticut area, was under ...
Posted on Nov 30, 2010
The owner of the Glendale Galleria in California has reportedly emerged from bankruptcy protection. The company reportedly has a new operating plan that would have an immediate impact. As of now, ...
Posted on Nov 29, 2010
Truvo USA LLC, which publishes telephone directories, has reportedly won bankruptcy court approval of its restructuring plan. As a result of the plan, the company will hand ownership over to the ...
Posted on Nov 29, 2010
Metro-Goldwyn-Mayer has reportedly been seeking bankruptcy court approval of its $500 million loan needed to emerge from Chapter 11. The company reportedly has a six-year plan for the money in order ...
Posted on Nov 28, 2010
Gas City Ltd., an operator of gas stations and convenience stores, has filed for Chapter 11 bankruptcy protection. The company has reportedly listed assets at somewhere between $50 million and $100 ...
Posted on Nov 28, 2010
A Rhode Island slot parlor has emerged from bankruptcy protection as it has been able to cut its debt in about half. The company's reorganization plan has helped it to repay about $600 million in debt ...
Posted on Nov 27, 2010
In the Charleston, West Virginia area, Emivest Aerospace has filed for bankruptcy. The company reportedly suffered when the economy went south. While the company had a number of orders for jets, it ...
Posted on Nov 27, 2010
A former Joplin, Missouri treasurer has reportedly filed for Chapter 7 bankruptcy protection. Gene Boyd has also allegedly been found guilty of stealing from the town funds earlier this year. ...
Posted on Nov 26, 2010
A provider of sewage and water-treatment services, Bluewater Holdings Corp., has filed for Chapter 11 bankruptcy protection. It filed voluntarily and reportedly listed assets and debts at somewhere in ...
Posted on Nov 26, 2010
Ambac Financial Group has reportedly filed for Chapter 11 bankruptcy protection as it has been seeking to negotiate a plan with its biggest creditors. The company has reportedly list almost $1.7 ...
Posted on Nov 25, 2010
New York City's Off-Track Betting Corp. has reportedly reached an agreement with its creditors that may help it to emerge from bankruptcy. The company will allegedly have to cut over 500 employees and ...
Posted on Nov 25, 2010
Kurt Pagliai, a Waukee, Iowa businessman with several investments, has reportedly filed for liquidation of his debts. He has allegedly listed his assets at $367,000 and his debts at $2.9 million. He ...
Posted on Nov 24, 2010
Petra Fund REIT Corp, a real estate investor, has filed for bankruptcy as it has reportedly been hit hard by the drop in commercial real estate prices. The company reportedly listed its liabilities up ...
Posted on Nov 24, 2010
A pastor in the Strasburg, Virginia area has reportedly filed for Chapter 7 bankruptcy with his wife. James L. Ahlemann is the founding pastor for the Church of the Valley. The couple has reportedly ...
Posted on Nov 23, 2010
The former owners of the Oswego Speedway have reportedly filed for bankruptcy. Both corporations, Oswego Amusements and GDR Enterprises, are reportedly filing for Chapter 7 bankruptcy. This will allow ...
Posted on Nov 22, 2010
Germantown Settlement, a social-service provider, has filed for Chapter 11 bankruptcy and will face difficulties in exiting. The company reportedly listed over $16 million in debt. According to ...
Posted on Nov 22, 2010
On November 17 the Boca Raton, Fla., publisher, American Media, and 15 of its affiliates, filed for Chapter 11 protection, as reported in the Wall Street Journal's business section. The filing was ...
Posted on Nov 21, 2010
A Garland, Texas country club has filed for bankruptcy as it was facing foreclosure. Oakridge Golf Club LP has filed for Chapter 11. It has reportedly listed assets and liabilities between $1 million ...
Posted on Nov 20, 2010
Stonecrest Financial has had its bankruptcy filing converted to Chapter 7. The original filing was for Chapter 11 reorganization, but now it is Chapter 7 dissolution. The company is reportedly hoping ...
Posted on Nov 19, 2010
Naknek Electric Association has filed for Chapter 11 bankruptcy. The company is in need of filing after attempting to find an underground hot water source suitable for making electricity. The project ...
Posted on Nov 18, 2010
Barratt American filed for bankruptcy in 2008 as it lost its $125 million line of credit. However, now the company is back as The Barratt Group, which is a smaller business and will include buying and ...
Posted on Nov 18, 2010
Crystal Cathedral in Garden Grove, California is filing for bankruptcy as it is reportedly struggling to pay its bills. According to reports, the church has suffered from a rapid decline in revenues ...
Posted on Nov 17, 2010
Toni Braxton has filed for bankruptcy for the second time and is claiming that her heart condition has played a role in her money problems. She reportedly owes about $50 million. Braxton may have to ...
Posted on Nov 17, 2010
Russell Armstrong, the husband of 'Housewives of Beverly Hills' star Taylor Armstrong, filed for Chapter 7 bankruptcy in October 2005. Armstrong reportedly had less than $50,000 in assets and debt ...
Posted on Nov 16, 2010
The Seattle Language Academy has filed for Chapter 11 bankruptcy in an attempt to continue operating its classes. The school has reportedly been struggling due to the recession. However, if the ...
54 results found. Viewing page 1 of 3.
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