Latest Legal Advertising News
Eastman Kodak Has No Intention of Filing for Bankruptcy, Shares Rebound in Pre
On Friday, Eastman Kodak issued a statement reassuring investors that the 120-year old company has no intentions to file for bankruptcy. This follows reports that the company was weighing its options due to concerns by potential bidders on the
Updated: 10/03/2011 09:31A
Star Buffet files Chapter 11 bankruptcy
Scottsdale-based Star Buffet Inc. has filed for Chapter 11 bankruptcy protection. The company announced it was running into financing challenges and couldn't figure out how to pay a legal judgement, according to a Globe Newswire report posted on
Updated: 10/03/2011 09:31A
Kodak Shares Poised for Rebound
ROCHESTER, NY (TheStreet) -- Eastman Kodak's(EK) shares spiked more than 40% in premarket trading Monday after Friday's hefty selloff amid bankruptcy rumors. Kodak said it has no intention to file for bankruptcy
Updated: 10/03/2011 09:28A
Kodak denies 'bankruptcy'
The rumours started after the company hired Jones Day, a law firm well known for handling bankruptcy protection cases. Talking to the BBC however, Kodak Eastman, said it was "not unusual for a company in transformation to explore all options.
Updated: 10/03/2011 09:20A
The new debtor | Bankruptcies are on the rise among the well-educated and well-off
A healthy paycheck, a college degree and an AARP membership — indicators of prosperity or red flags for bankruptcy? Once considered signs of financial stability, a good-paying job, higher education and advancing age have become
Updated: 10/03/2011 09:11A
Mill will | Union workers in Rumford wait and hope while NewPage restructures
But after continuing losses ($656 million reported for the year), NewPage filed for Chapter 11 bankruptcy protection last month. Of the mill's 900 or so employees, about 700 are represented by the United Steelworkers Union, Local 900.
Updated: 10/03/2011 09:11A
Iran offers Belarus 400 million dollars in credit
Iran has offered Belarus 400 million dollars in credit, national bank chief Nadezhda Yermakova said in Minsk on Monday, as the Eastern European country struggles to stave off bankruptcy. The loan will go towards shoring up national foreign currency
Updated: 10/03/2011 09:06A
Bankruptcy: A Last-Resort Option
For most people, filing bankruptcy is a last-resort option, deployed when all other debt and finance management alternatives have not worked. Filing a bankruptcy is viewed as the beginning of a “fresh start” and it does,
Updated: 10/03/2011 09:04A
Budget draft misses target
European officials are scrambling to avert an abrupt Greek bankruptcy, which would wreck the balance sheets of European banks, jeopardize the future of the single currency and potentially plunge the world into a new global financial crisis.
Updated: 10/03/2011 08:58A
INTERVIEW: Law firm sees more bankruptcies in store for freight
restructuring or declare bankruptcy over the next 12 months as the long downturn in the freight market forces further consolidation, an industry executive told Reuters. Norton Rose, a leading law firm in the transport and commodities industries,
Updated: 10/03/2011 08:56A
Primary Categories