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Tribune Co. to move fast on revised reorg plan
(Crain's) — Tribune Co. plans to file a revised reorganization plan before a November hearing in the wake of a bankruptcy judge last night rejecting its proposal for an exit from the nearly three-year-old Chapter 11 proceedings. The Chicago-based media
Updated: 11/01/2011 12:43P
Can Eclipse fly a second time?
When Eclipse Aviation filed for Chapter 11 bankruptcy in 2008, Mason Holland was one of the unlucky few who had placed a deposit for an Eclipse 500 he would likely never see. "Deposit holders were working out what they were going to do, and new owners
Updated: 11/01/2011 12:42P
KS Partners taps Cambridge Savings in Porter Square deal
The Round Up last wrote about the 54000-square-foot property in April as New York-based KS Partners was battling through a slew of bankruptcy-related tenant losses that were squeezing its cash flow as well as its ability to make good on some $11.8
Updated: 11/01/2011 12:41P
Pennsylvania Court Rules Against Distressed Munis
The “opinion was to me signaling that the Supreme Court is not going to construe Act 47 broadly,” University of Pennsylvania law professor and bankruptcy expert David Skeel said in an interview Monday. If the state wants arbitration awards to be
Updated: 11/01/2011 12:40P
Euro debt crisis and MF Global bankruptcy hit LME billet contract prices
The continuing European sovereign debt crisis and the fallout from MF Global's application for bankruptcy protection hit the London Metal Exchange's steel billet contract prices... Please log in using your online subscriber details.
Updated: 11/01/2011 12:37P
Will Student Loans Soon Be Discharged in Bankruptcy?
If United States Representative Hansen Clarke, a democrat from Detroit, Michigan, has his bill passed, then student loans will soon be discharged in Bankruptcy. On Labor day, Rep. Clark met with Obama and among the topics of discussion was student
Updated: 11/01/2011 12:27P
A bridge too far?
Following the bankruptcy of the property developer in the early 90s, the then-Chelsea chairman Ken Bates regained control of the stadium. CPO was subsequently formed as a non-profit company in 1993. Shares in CPO were sold for £100 each and were
Updated: 11/01/2011 12:24P
Creditors protest Open Range's chapter 11 sale plan
Unsecured creditors are throwing their weight against Open Range Communications Inc.'s bankruptcy loan deal and proposed sale, accusing the broadband wireless Internet provider of wasting its
Updated: 11/01/2011 12:23P
Mayors of Harrisburg, Reading and Scranton say bankruptcy not the answer
Harrisburg's city council has filed for Chapter 9 bankruptcy as the city deals with a $310 million debt on its trash-burning incinerator and a multi-million structural budget deficit. The city requested assistance under the state's Act 47 plan for
Updated: 11/01/2011 12:21P
NATIONAL ASSOC. OF CONSUMER BANKRUPTCY ATTORNEYS NAMES JONATHAN FRUTKIN AZ
1, 2011 – Consumers statewide nowhave access to a new mouthpiece in the form of The Frutkin Law Firm's Jonathan Frutkin. The National Association of Consumer Bankruptcy Attorneys (NACBA) has selected Frutkin “Arizona Advocate Leader,” an unpaid
Updated: 11/01/2011 12:18P
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