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David Osias and David Zaro of Allen Matkins Receive Turnaround Management
He is the senior member of the firm's Bankruptcy & Creditors' Rights Department, and is widely recognized as an authority on creditor and debtor rights in out-of-court workouts and restructurings, federal and state-court receiverships,
Updated: 10/19/2011 01:36P
Solyndra Retains Heritage Global Partners to Conduct Public Auction of Surplus
SAN DIEGO -- Heritage Global Partners will conduct a global webcast auction of surplus assets held by Solyndra, LLC, an innovative solar manufacturer that filed for bankruptcy protection under chapter 11 on September 6, 2011.
Updated: 10/19/2011 01:34P
Bel-Air Man Gets Nearly Six Years for Concealing Assets and Threatening
A Bel-Air man who declared bankruptcy, then hid his assets and threatened a process server with a golf club, was sentenced today to almost six years behind bars. Milton Lee Vandevort, 50, was convicted in July 2010 of money laundering,
Updated: 10/19/2011 01:31P
Violence mars protests in Greece
Violence has marred huge demonstrations in Greece as unions launched a two-day general strike ahead of a vote on a new bill tightening the financial screws in a bid to stave off bankruptcy. Police in Athens clashed with protesters outside parliament on
Updated: 10/19/2011 01:27P
Harrisburg takeover bill heads to Corbett's desk after Pa. House, Senate
It is unclear how the measure will affect Pennsylvania's capital, now that a City Council petition is in federal bankruptcy court, pending a Nov. 23 court date. The bill is a response to an unprecedented rejection by Harrisburg's City Council of a
Updated: 10/19/2011 01:27P
Pennsylvania Senate OKs state takeover of Harrisburg (Reuters)
(Reuters) – The Pennsylvania state Senate on Tuesday voted for a state takeover of the finances of its capital, Harrisburg, setting up a showdown with the city, which filed for bankruptcy last week. The plan was already approved by the state's lower
Updated: 10/19/2011 01:26P
Jewish Times publisher granted bankruptcy extension
25 to develop a reorganization plan that saves the venerable publication By Tricia Bishop, The Baltimore Sun A federal bankruptcy judge has granted a month-long extension to Alter Communications, which publishes the Baltimore Jewish Times and Style
Updated: 10/19/2011 01:25P
Nord West buys Najad
Mikael Gustavsson, former CEO of Najad, said in a statement online: "From the day, when the only way forward was bankruptcy, we have been working hard to find the perfect owner of Najad. In Nord West there is good management and excellent craftsmen.
Updated: 10/19/2011 01:15P
Dallas Stars Sale & Bankruptcy: Deadline For Bids Approaching
With the Dallas Stars season underway and the team off to a great start, the ongoing sale and bankruptcy of the franchise has fallen a bit by the wayside. With the deadline for any competing bids to be made fast approaching, I wanted to update everyone
Updated: 10/19/2011 01:13P
The Indentured Servant Generation
And if you can't pay your credit card bill, you can discharge the debt in bankruptcy. But the lender can't repossess your degree, and the 2005 bankruptcy bill made it impossible to discharge the debt. So if the labor market recovers in two or three
Updated: 10/19/2011 01:09P
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