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IN RE POWELL
The Court issued its ruling on April 1, 2009, sustaining FMCC'S objection and denying confirmation of the plan. The Debtors appealed that ruling. 1 The District Court issued its order on February 12, 2010, affirming this Court's decision.
Updated: 10/28/2011 12:34P
IN RE HARBOUR EAST DEVELOPMENT, LTD.
As set forth in the Complaint, on December 28, 2005, Harbour East and Northern Trust Bank of Florida, NA ("Northern Trust") entered into that certain Construction Loan Agreement pursuant to which Harbour East borrowed $16900000 (the "Construction
Updated: 10/28/2011 12:34P
Saab China Deal, Madoff Fairfield Fund, ProMOS: European, Asian Bankruptcy
Saab Automobile will likely change owners for the second time in as many years as the Swedish automaker seeks to restart production and stave off bankruptcy. Zhejiang Youngman Lotus Automobile Co. and
Updated: 10/28/2011 12:32P
MFGlobal is a major risk
I would guess that a sale or bankruptcy this weekend is a 95% likelihood. A takeover should sooth nerves but if the price is extremely low, maybe not. All hell might break loose on a bankruptcy, especially in commodities. Update: Fox Buiness' Gasparino
Updated: 10/28/2011 12:26P
PHILLIPS v. KELLEY
Because Phillips and RJK failed to challenge the bankruptcy court's order in bankruptcy court, and because they are now attempting to attack the order collaterally, we affirm the trial court's Order of Dismissal. ¶ 2. Charles R. Phillips, through RJK
Updated: 10/28/2011 12:26P
Blockbuster creditors owed $3.6 million
The retailer has been liquidating its assets after being pushed into bankruptcy protection by creditors of its US parent company. Though many of Blockbuster's 400 Canadian stores were profitable, the unit had acted as a guarantor for Blockbuster's US
Updated: 10/28/2011 12:23P
National Clothesline
US Dry Cleaning Services Corp., self-described as the largest owner and operator of drycleaning stores in the United States, says it has completed reorganization under Chapter 11 bankruptcy. The company experienced rapid growth after a public stock
Updated: 10/28/2011 12:22P
Chinese suitors agree to save Saab
Saab, the embattled Swedish carmaker, said on Friday that its erstwhile Chinese suitors had offered to buy it outright, potentially pulling it back from the brink of bankruptcy. Just hours short of a court ruling that
Updated: 10/28/2011 12:22P
PERKINS v. HAINES
1 A receiver ultimately filed voluntary petitions in the bankruptcy court seeking relief for each of the Debtors under Chapter 11 of the Bankruptcy Code. A consolidated plan of liquidation was approved and William F. Perkins was appointed as Plan
Updated: 10/28/2011 12:21P
Bankruptcy Process in Arizona Part 1: What to Expect Before Filing Your Case
The scary part of bankruptcy is not knowing what to expect. There are a lot of bankruptcy myths out there that cause many people to not seek out bankruptcy help, even though it can really help them out of a tough spot. Having an accurate understanding
Updated: 10/28/2011 12:19P