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IN RE JENKINS
The debtors filed for relief under chapter 13 of the Bankruptcy Code on August 27, 2010. Green Tree Servicing, LLC ("Green Tree") is listed as a secured creditor and has a lien upon the debtors' home. The debtors intend to retain their home and are
Updated: 10/07/2011 07:54A
Broadband firm Open Range files for Chapter 11 protection
Open Range Communications Inc., which was slated to partner with wireless company LightSquared to provide broadband Internet service to rural areas, sought Chapter 11 protection Thursday after its
Updated: 10/07/2011 07:52A
Elcoteq Eesti Hopes for Smooth Takeover
Jan Kotka, CEO of Elcoteq's Estonian subsidiary Elcoteq Eesti, said he expects that the Tallinn production plant will be sold off by the trustees after the parent company's bankruptcy petition has been processed. "Of course there is also a worst-case
Updated: 10/07/2011 07:49A
U.S. v. PERSFULL
The same day that James Persfull discharged his debts in a Chapter 7 bankruptcy, his mother, Eileen Persfull, died, leaving James and his brother, Joseph, equal shares in the estate. 1 James signed a disclaimer of his interest, but never told the
Updated: 10/07/2011 07:48A
IN RE 106 NORTH WALNUT, LLC
106 North Walnut, LLC ("Debtor") appeals from an order of the US District Court for the District of New Jersey reversing the Bankruptcy Court's determination that the demolition of a building on Debtor's property did not constitute inverse condemnation
Updated: 10/07/2011 07:48A
Bulgaria's Notorious Alma Tour Fly Files for Bankruptcy
Photo by BGNES Alma Tour Fly, a company within the group of scandal-hit Bulgarian tour operator Alma Tour, filed for bankruptcy on October 06, the Sofia City Court said Friday. Problems with Alma Tour surfaced in early September, when close to 1000
Updated: 10/07/2011 07:47A
Elcoteq files for bankruptcy
Finnish electronics manufacturer Elcoteq, which operates a Hungarian unit in Pcs (S Hungary), filed for bankruptcy on Thursday as a result of falling sales and a failure to restructure the company's debt, Elqoteq reported.
Updated: 10/07/2011 07:36A
Obama defends loan to Solyndra, head of loan program resigns
Solyndra declared bankruptcy last month and laid off its 1100 workers. Despite its collapse, Obama said the loan guarantee program has been successful and has created jobs, adding that members of both parties have supported such deals in the past.
Updated: 10/07/2011 07:35A
ELCOTEQ : SE has been declared bankrupt
Mr. Yann Baden has been appointed as the Bankruptcy Administrator. He also acts as the Bankruptcy Administrator for Elcoteq Network SA Trading in Elcoteq's securities at Nasdaq OMX Helsinki has been terminated on 6 October 2011. Due to the bankruptcy,
Updated: 10/07/2011 07:13A
CEO: Tallinn plant of Elcoteq may be sold
Jan Kotka, CEO of Elcoteq Tallinn, said today that the bankruptcy of parent company Elcoteq SE may mean that the Tallinn assembly plant may be sold. "We are making a profit and have strong customer base," said Kotka, adding that he was hopeful that a
Updated: 10/07/2011 07:11A
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