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Vendetta behind bankruptcy proceedings: Serepisos
Former property tycoon Terry Serepisos believes bankruptcy proceedings against him were issued because one man was "out to get me''. Serepisos - debt-laden property developer, former host of reality television programme The Apprentice and,
Updated: 09/30/2011 01:25A
Hooters Casino Disputes Creditor Claims
This casino has recently even filed for bankruptcy. The main creditor of Hooters casino, Canpartners Reality Holding Co., says that the casino will soon be foreclosed. But Hooters casino disputes creditor claims. They are saying that the investors are
Updated: 09/30/2011 01:21A
The franchisee owner of approximately 30 Papa John's in Minnesota has declared ...
According to the bankruptcy filing, franchisee H. Cliff Harris filed for Chapter 11 bankruptcy back in February. Harris estimated on the bankruptcy-filing document that he owes money to more than 200 creditors or as many as 999 creditors.
Updated: 09/30/2011 01:21A
Central Falls taxpayers share concerns
The plan still needs to be approved by a bankruptcy judge. Flanders hopes to have the city out of bankruptcy by the end of the year. Ground rules for posting comments: No profanity or personal attacks. Please comment on the subject of the story itself.
Updated: 09/30/2011 01:14A
From Rich List to fraud probe and bankruptcy
Attempts to hide assets were said to have been made both before and after Morris's bankruptcy was declared. Prosecutor Simon Batiste tried to get this evidence heard in open court by the blackmail trial jury, but Judge Brian Forster QC refused his
Updated: 09/30/2011 01:12A
Disgraced property magnate guilty of blackmail conspiracy
A disgraced Yorkshire property tycoon and former Leeds United director is facing jail after being found guilty of conspiring to blackmail a former business partner as he slid towards bankruptcy. Simon Morris, whose fortune was once estimated at £69m,
Updated: 09/30/2011 01:12A
Players owner to open eatery at Clear Lakes
Brooklyn's Chophouse & Brew Tavern has been closed for less than two months, and owner David Chaffin has filed bankruptcy, but he's already opening a new business. "You know how it looks on the surface," says Chaffin, who understands
Updated: 09/30/2011 01:09A
Mastro case: bankrupt developer's son won't have to pay personally
Michael K. Mastro, son of missing Seattle real estate developer Michael R. Mastro, dodged a bullet in a court ruling this week. It seems he personally won't have to pay for his father's difficulties. In a 67-page opinion Tuesday, US Bankruptcy Judge
Updated: 09/30/2011 01:05A
Innkeepers, Madoff, Blockbuster, A&P, Perkins: Bankruptcy
30 (Bloomberg) -- When a reorganization plan founders, the bankrupt company's professionals become fair game for fee objections. The Chapter 11 case of hotel owner Innkeepers USA Trust is an example. Although the Innkeepers Chapter 11 reorganization
Updated: 09/30/2011 01:03A
Stars, Dodgers Make Delaware Home Court for Sport Bankruptcies
Tribune, a Chicago-based newspaper publisher, was burdened by debt from a 2007 leveraged buyout led by real-estate billionaire Sam Zell. After Tribune worked out a deal to sell control of the Cubs, the team entered court protection to complete the deal
Updated: 09/30/2011 01:03A