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Bankrupt Corbin Park retail project in Overland Park gets new auction date, $5
A bankruptcy judge in Kansas has approved an Oct. 24 auction for the Corbin Park retail development with an opening bid price of $5 million. Bankruptcy Judge Robert Berger approved a second set of auction procedures that set Oct. 19 as the final
Updated: 10/04/2011 03:55P
Food Prep Co. Aims To Carve Off Assets In Ch. 11
Law360, New York (October 04, 2011, 3:52 PM ET) -- Prepared foods provider Orval Kent Food Co. and parent Chef Solutions Inc. filed for Chapter 11 bankruptcy Tuesday, saying in a bare-bones filing in Delaware court that they expect to
Updated: 10/04/2011 03:55P
Top Debt & Ratings Agency Actions (AMR, GM, LVLT, CAG, TRI)
According to S&P, the pass-through certificates are protected under US bankruptcy law and liquidity facilities through Morgan Stanley Bank. The liquidity facilities are intended to pay up to three semi-annual interest payments and re-marketed by
Updated: 10/04/2011 03:53P
Greece has weeks before bankruptcy
ATHENS, Greece (AP) — Greece has enough money to pay pensions, salaries and bondholders through mid-November, the finance minister said today as global markets sank on worries that a messy default could bring down European banks and trigger another
Updated: 10/04/2011 03:48P
Friendly's On the Verge of Bankruptcy
Friendly's restaurants may be in jeopardy as the company will be imminently filing for Chapter 11 bankruptcy as early as next week, according to the HuffPo. Friendly Ice Cream employs 10000 people and operates more than 500 restaurants
Updated: 10/04/2011 03:47P
Real Mex Restaurants Files Chapter 11
Real Mex Restaurants, which is backed by Sun Capital Partners, said Tuesday that it has filed for chapter 11 bankruptcy protection. GE Capital has committed to fund a $49 million DIP loan for Real Mex. Cypress, Calif.-based Real Mex said it's also
Updated: 10/04/2011 03:41P
Parent of El Torrito, Chevy Fresh Mex files for bankruptcy
NEW YORK – Real Mex, operator of Mexican restaurants including El Torito, Chevys Fresh Mex and Acapulco Mexican Restaurant y Cantina, filed for Chapter 11 bankruptcy protection Tuesday and plans to seek a buyer for the company.
Updated: 10/04/2011 03:40P
NEW INFO: Donnan Withdrawing Lawsuit Settlement
Donnan attorney Ed Tolley said at a Tuesday court hearing he was withdrawing the $5.5 million settlement the ex-coach brokered with the West Virginia-based liquidation company GLC Ltd. The move came after US Bankruptcy Judge James Smith said the deal
Updated: 10/04/2011 03:40P
Accepting Credit Cards And Risking Bankruptcy
In fact, although these requirements are not law, (three states — Minnesota, Nevada, Washington — have made them legal requirements) failure to comply may lead to a merchant's failure in the event of a data breach. As General Counsel to the Retail
Updated: 10/04/2011 03:39P
Why Did My Stock Just Die?
With the number of pilots putting in their retirement papers rising, the fear is that American Airlines parent AMR may be heading toward a bankruptcy filing. As jet fuel costs soar and economic concerns get dicier, the pilots may be thinking they want
Updated: 10/04/2011 03:38P
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