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Hospital Management Consulting LLC Files Chapter 11
The management company that owns Washington County Hospital in Plymouth has filed for Chapter 11 bankruptcy. According to Washington County Hospital CEO Harley Smith, the company that owns the hospital, Hospital Management Consulting LLC out of Kansas
Updated: 10/12/2011 03:24P

Preferential Claims Kick Businesses Already Down From Bad Economy
She wants to change the US bankruptcy laws. Vockler, vice president of operations at ICD High Performance Coatings in Vancouver, Wash., recently received a letter from the law firm of Ackerman & Felberg LLP in New York stating that ICD must return the
Updated: 10/12/2011 03:23P

Ultra completes Banning Lewis Ranch purchase
Oct 12, 2011 (The Gazette - McClatchy-Tribune Information Services via COMTEX) -- Ultra Resources on Wednesday confirmed it has completed its $20 million purchase of most of the Banning Lewis Ranch, setting the stage for a US Bankruptcy Court battle
Updated: 10/12/2011 03:18P

Reports: Trump enters bidding for Doral Golf Resort
Donald Trump's company has become the stalking-horse bidder in bankruptcy court for the Doral Golf Resort & Spa, according to several media reports. Both The Wall Street Journal and Bloomberg quoted Winthrop Realty Trust CEO Michael Ashner as saying
Updated: 10/12/2011 03:11P

Lehman says JPMorgan Chase botched securities sale
Lehman, in court papers made public on Tuesday, lobbed myriad allegations at the bank as part of the companies' ongoing dispute in Lehman's bankruptcy proceeding. Lehman painted an unflattering picture of JPMorgan's methods for selling certain
Updated: 10/12/2011 03:02P

Pennsylvania's capital files for Chapter 9 bankruptcy
by Edith Honan (Reuters) - Pennsylvania's capital, Harrisburg, filed for a rare Chapter 9 municipal bankruptcy on Wednesday after it was unable to resolve its debt crisis with creditors and faced a possible takeover by the state.
Updated: 10/12/2011 03:01P

Retired Delta pilots appeal for $600M in pension funds
A group of more than 6000 retired Delta Air Lines Inc. pilots reported Wednesday an appeal set to be filed with the Pension Benefit Guaranty Corp. to get back $600 million in pension benefits they say were lost during Delta's bankruptcy in 2005.
Updated: 10/12/2011 03:00P

After Harrisburg Bankruptcy, Whos Next?
WSJ's Jeannette Neumann stops on Mean Street to discuss Harrisburg, Pennsylvania' bankruptcy declaration and whether it will have a negative effect on other cities and on the municipal bond market. AP Photo/Carolyn Kaster, File.
Updated: 10/12/2011 02:59P

Bankruptcies Are On the Rise: Could These Companies Be Next?
The largest threats to already struggling companies are the probability of sovereign debt crisis in the eurozone and a double-dip recession in the US These events could ultimately induce a string of business failures that some bankruptcy and
Updated: 10/12/2011 02:56P

Solyndra Seeks Bankruptcy Expert for New CEO
Solyndra, the solar panel maker that collapsed despite a US government infusion of $535 million, wants to appoint a high-profile bankruptcy expert to run it after the departure of its chief executive. He would essentially take up the role of chief
Updated: 10/12/2011 02:50P

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