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Wells Fargo Bankruptcy After HAMP–Homeowners Filing After Not Receiving A
Homeowners with Wells Fargo who have turned to bankruptcy as a result of financial distress are among some who have seen problems arise after being denied a federal home loan modification from HAMP, but recent reports from the Treasury
Updated: 11/03/2011 08:44A
Nigeria: Dokpesi Loses Bid to Stop Bank's Bankruptcy Suit
Chairman of Daar Communications Limited, Chief Raymond Dokpesi, Wednesday lost his bid to stay further proceedings in the bankruptcy case brought against him by Fidelity Bank Plc as a Federal High Court in Lagos dismissed his application to that effect
Updated: 11/03/2011 08:44A
Profits await in Assets of Syms, Eastman Kodak, Rite Aid (RAD, EK & SYMS)
This primarily in real estate and inventory. It is worthy of note here that the total debt load of Syms was $94 million. The acquisition of Filenese Basement for $65 million two years ago contributed greatly to its problems, eventually culminating in
Updated: 11/03/2011 08:41A
Boca Raton Bridge Hotel works out bankruptcy deal
The owner of the Boca Raton Bridge Hotel has asked a US Bankruptcy Court to approve a loan modification deal it reached with its secured lender. Debtor Boca Bridge LLC was hit with an involuntary bankruptcy petition last year, and the case was later
Updated: 11/03/2011 08:39A
MF Global's CFO Was One Of The Youngest C-Level Execs On Wall Street
We were surprised to learn that Henri Steenkamp, the CFO of broker-dealer MF Global, which filed for bankruptcy protection earlier this week, is only 35 years-old. His age made him one of the youngest executives in a C-Level position on Wall Street.
Updated: 11/03/2011 08:37A
Subpoena for Solyndra documents coming
Republican House members said the bankruptcy of Solyndra, recipient of a $535 million federal loan guarantee, was likely the "tip of the iceberg" of problems tied to US President Barack Obama's green energy initiative. Obama touted Solyndra as a
Updated: 11/03/2011 08:36A
SHEET METAL WORKERS' UNION LOCAL #441 HEALTH v. ACE FABRICATION, INC.
This matter comes before the Court on the Suggestion of Bankruptcy (doc. 27) filed by defendants William F. Stewart, III and Robin C. Stewart. That filing reflects that these individual defendants have filed a petition for relief under Chapter 7 of the
Updated: 11/03/2011 08:36A
IN RE JOHNSON
This is an appeal from an order of the bankruptcy court 1 dated May 23, 2011, overruling the debtors' objection to confirmation of their post-confirmation amended Chapter 13 plan. 2 For the reasons stated below, we affirm. On December 18, 2009,
Updated: 11/03/2011 08:36A
NASDAQ Thursday Hot Stocks to watch are – PCAR, PAET, PDLI, PMCS, PEIX
PACCAR also provides customized financial services, information technology and truck parts related to its principle business. The Company operates in two segments: design, manufacture and distribution of light-, medium- and heavy-duty trucks and
Updated: 11/03/2011 08:36A
IN RE LeCLAIR
This is a core matter over which the bankruptcy court has jurisdiction pursuant to 28 USC § 157(b)(2)(B). After having considered the testimony and demeanor of Ms. LeClair, the sole witness at an evidentiary hearing in this contested matter,
Updated: 11/03/2011 08:35A