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Sears Holdings: Bankruptcy Doesn't Always Mean Broke
This is a follow-up article in a series covering (SHLDQ) the last article covers the similarities between the Sears Chapter 11 and General Growth Properties Bankruptcy in 2009, and Amerco/Uhaul and Alexanders bankruptcy cases. In all these cases ...
Updated: 11/15/2018 09:12A
In Binani Cement Case, NCLAT Carves Out a Place in the Sun for Operational Creditors
Dhaval Vussonij, the lawyer who represented Binani operational creditors forum in the appellate tribunal, told The Wire, “NCLAT has correctly observed that the Insolvency and Bankruptcy Code (IBC) does not provide for discriminatory treatment between
Updated: 11/15/2018 05:18A
Minimum wage: N30,000 will lead us to bankruptcy, says Governors
Nigerian governors under the auspices of Nigeria Governors Forum have said there is no way they can afford to pay N30,000 as minimum wage. They said doing so would lead to the collapse of their states and that the states will also go bankrupt.
Updated: 11/14/2018 10:06P
Any PG&E Bankruptcy Would Pit Bonds Against Burnt Out Homes
(Bloomberg) -- Any PG&E Corp. bankruptcy filing could come down to a fight between bondholders who lent the company money and property owners whose homes were scorched by wildfires. The utility company has $18 billion of bonds that are unsecured, ...
Updated: 11/14/2018 08:30P
Zacky Farms files for bankruptcy protection
The bankruptcy petition lists estimated assets as well as debts in the range of $50 million to $100 million. It was signed by managing member Lillian Zacky, who drafted a letter to employees a couple of weeks ago hinting at troubles in the company.
Updated: 11/14/2018 07:42P
Telltale Games Is Closing, Bankruptcy Proceedings Beginning
Telltale Games appears to be shutting down. According to GameDaily, the troubled Northern California game studio behind the acclaimed Walking Dead series has entered bankruptcy proceedings, and has enlisted the help of an outside company, Sherwood ...
Updated: 11/14/2018 06:52P
Boca Raton-based Promise Healthcare Group files for Chapter 11 bankruptcy
During the bankruptcy, the company intends to sell off two of its hospitals, in Los Angeles and St. Louis, Mo., as well as real estate in San Diego, while it negotiates sale or restructuring of its remaining assets, Hinkelman's statement says. He added
Updated: 11/14/2018 06:00P
Boca Raton-based Promise Healthcare Group files for Chapter 11 bankruptcy
During the bankruptcy, the company intends to sell off two of its hospitals, in Los Angeles and St. Louis, Mo., as well as real estate in San Diego, while it negotiates sale or restructuring of its remaining assets, Hinkelman's statement says. He added
Updated: 11/14/2018 06:00P
Bankrupt Flower Grower's Ch. 11 Plan Gets Nod In Delaware
Law360 (November 14, 2018, 4:57 PM EST) -- A bankruptcy judge gave her nod Wednesday to the Chapter 11 liquidation plan and disclosure statement for the estate of flower grower Color Spot Holdings Inc., with all secured claims set to be satisfied and
Updated: 11/14/2018 04:57P
Bankrupt Flower Grower's Ch. 11 Plan Gets Nod In Delaware
Law360 (November 14, 2018, 4:57 PM EST) -- A bankruptcy judge gave her nod Wednesday to the Chapter 11 liquidation plan and disclosure statement for the estate of flower grower Color Spot Holdings Inc., with all secured claims set to be satisfied and
Updated: 11/14/2018 04:57P
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