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General Motors sales up 16.6% in May
to look impressive: Last May was a low point for the industry, with Chrysler already in bankruptcy and General Motors sliding in to bankruptcy court.
Updated: 06/02/2010 11:08A
Defunct machining company files for bankruptcy
DAYTON ” Claude Innovative Machining LLC, formerly of Huber Heights, has filed for Chapter 7 protection in US Bankruptcy Court. The machining company had
Updated: 06/02/2010 11:07A
Fact Check: Attacking Pensions Through Bankruptcy?
Statement: "They've been through bankruptcy and the federal judge in his opinion stated that you could roll back existing pensions," San Diego District 8
Updated: 06/02/2010 10:58A
Federal Government Debt Management Plans “ Advice on Credit Counseling and
To file bankruptcy in the United States one must schedule and go through 60 to 90 minute credit counseling session. During this credit counseling session
Updated: 06/02/2010 10:34A
The Daily Docket: Visteon Rejects Johnson Bid
The Daily Bankruptcy Review article, via The Wall Street Journal, is available here. Alleging securities fraud, Lehman Brothers Holdings Inc.'s real-estate
Updated: 06/02/2010 10:13A
May bankruptcies up about 33% from 2009: Still, 336 statewide filings were
In May, 336 people petitioned to discharge debts through the bankruptcy process, up by more than a third compared to the same month a year earlier.
Updated: 06/02/2010 10:00A
Due diligence key to buying distressed hotel debt
Few CMBS borrowers have been willing to file bankruptcy as a result. Consequently, you may have greater assurance that you will not face a borrower
Updated: 06/02/2010 09:50A
GM Feared Bankruptcy "Stigma," but It Seems Like a Quaint Notion Today
It's the first anniversary of the world not ending when General Motors declared bankruptcy, contrary to the pronouncements of
Updated: 06/02/2010 09:36A
Accounting News Roundup: PwC Dealt a Blow on Penn. Healthcare Bankruptcy
Shoddy accounting practices that were/are rampant in the US “ revenue recognition and outright fraud “ have not been rooted out offshore, so the Commission
Updated: 06/02/2010 09:27A
Iridium secures funding for $2.9bn satellite project
Matt Desch, chief executive, said the deal secured the future for the company, which has recently returned from bankruptcy. The future of Iridium is now
Updated: 06/02/2010 09:27A