bankruptcy

Latest BANKRUPTCY News and Developments

Michigan Business Tax adds to trucking companies' burdens - MLive.com
( Thu, 24 Jul 2008 10:42:35 GMT )

Michigan Business Tax adds to trucking companies' burdens
MLive.com, MI - 1 hour ago
Kalamazoo's Alvan Motor Freight Inc. filed for bankruptcy in June, adding its rigs to a growing line pulled off America's highways due to those concerns. ...

Company not in financial trouble - Danville News
( Thu, 24 Jul 2008 12:04:21 GMT )

Company not in financial trouble
Danville News, PA - 21 minutes ago
On Tuesday, BBW Enterprises filed for bankruptcy protection under Chapter 11 in US Middle District Court in Harrisburg, citing the high cost of fuel. ...

Darwins' fraud cash being recovered - This is Nottingham
( Thu, 24 Jul 2008 09:27:55 GMT )

Darwins' fraud cash being recovered
This is Nottingham, UK - 2 hours ago
The back-from-the-dead canoeist, 57, and his wife, 56, hatched their audacious plot to beat bankruptcy after running into financial difficulties. ...

Minutes rehash Wickes conflict - Wheeling Countryside
( Thu, 24 Jul 2008 10:27:04 GMT )

Minutes rehash Wickes conflict
Wheeling Countryside, IL - 1 hour ago
... Board with knowledge of potential land values and had firsthand information on representatives handling the Wickes bankruptcy, according to the minutes. ...

Nearly a quarter of BP production at stake in Russia - Houston Chronicle
( Thu, 24 Jul 2008 11:33:43 GMT )

Nearly a quarter of BP production at stake in Russia
Houston Chronicle, United States - 52 minutes ago
The billionaires and BP wrangled over the assets in bankruptcy court, and Fridman and his partners gained control of Sidanco's prized Chernogorneft oil ...

SemGroup Loses Bets on Oil - Wall Street Journal Blogs
( Thu, 24 Jul 2008 11:57:57 GMT )

SemGroup Loses Bets on Oil
Wall Street Journal Blogs, NY - 28 minutes ago
The Tulsa, Okla., company filed for Chapter 11 bankruptcy protection Tuesday, citing among other financial woes a loss of at least $2.4 billion in crude-oil ...

Employees saddened but hopeful - Kansas City Kansan
( Thu, 24 Jul 2008 11:42:07 GMT )

Employees saddened but hopeful
Kansas City Kansan, KS - 44 minutes ago
Ill be filing for bankruptcy. Everyone has used up their savings. I dont know what to do, theres not that many tracks to go to. ...

Attention Barack The Writing is on Fannie Maes XXX - Atlantic Free Press
( Thu, 24 Jul 2008 09:49:26 GMT )

Attention Barack The Writing is on Fannie Maes XXX
Atlantic Free Press, Netherlands - 2 hours ago
However one of the helpful ideas of the old capitalist system was the idea of bankruptcy. One of the disadvantages of the centrally planned economies of ...

Gay bashing preacher pickets local newspaper offices - PinkNews.co.uk
( Thu, 24 Jul 2008 10:22:18 GMT )

Gay bashing preacher pickets local newspaper offices
PinkNews.co.uk, UK - 2 hours ago
"For these rich, powerful men to pursue me into the bankruptcy courts over money I don't have would be vindictive." Both sets of solicitors are reported to ...

Where have all the good buyers gone? - ReportonBusiness.com
( Thu, 24 Jul 2008 10:04:24 GMT )

Where have all the good buyers gone?
ReportonBusiness.com, Canada - 2 hours ago
Later on, private-equity money helped him get the airline out of bankruptcy protection. But where, oh where, are the takeover artists with their chequebooks ...

Charlotte Fares Top Greensboro's: Skybus Made It Worth the Drive ... - RedOrbit
( Thu, 24 Jul 2008 11:54:35 GMT )

Charlotte Fares Top Greensboro's: Skybus Made It Worth the Drive ...
RedOrbit, TX - 31 minutes ago
Skybus filed for bankruptcy in April and no longer flies from Greensboro. To see more of The Charlotte Observer, or to subscribe to the newspaper, ...

Mass. woman kills self before home foreclosure - Santa Cruz Sentinel
( Thu, 24 Jul 2008 10:14:15 GMT )

Mass. woman kills self before home foreclosure
Santa Cruz Sentinel, CA - 2 hours ago
John Balderrama filed for Chapter 13 bankruptcy three times from 2004 to 2006, but the courts dismissed the petitions. Debtors who declare bankruptcy under ...

The simple lie that destroyed a family - Herald.ie
( Thu, 24 Jul 2008 11:04:45 GMT )

The simple lie that destroyed a family
Herald.ie, Ireland - 1 hour ago
With monthly outgoings of 6700 (8500) and an income of about 5000 (6400), they were on the verge of bankruptcy. Even though they could have sold their ...

Rep. George: Region's Water Sparkles Under DEP Mine Cleanup Plan - Gant Daily
( Thu, 24 Jul 2008 10:04:05 GMT )

Rep. George: Region's Water Sparkles Under DEP Mine Cleanup Plan
Gant Daily, PA - 2 hours ago
"Targeting abandoned-mine drainage with federal and state funding, bond forfeitures and trust funds from coal company bankruptcy settlements will bring dead ...

Spanish Unemployment Surges As Banks Struggle - Seeking Alpha
( Thu, 24 Jul 2008 11:55:16 GMT )

Spanish Unemployment Surges As Banks Struggle
Seeking Alpha, NY - 30 minutes ago
On July 15, Popular said it set aside 100 million euros to cover loans to Martinsa-Fadesa SA, Spain's first traded developer to seek bankruptcy protection. ...

Eastland Mall's owners are walking away - Charlotte Observer
( Thu, 24 Jul 2008 12:00:26 GMT )

Eastland Mall's owners are walking away
Charlotte Observer, NC - 25 minutes ago
The approach can help minimize losses and avoid bankruptcy or outright foreclosure, Dunklin said. Said Chris Oates, a Charlotte real estate lawyer: They're ...