Consumer bankruptcies at historic lows amid pandemic recession
Millions of Americans are out of work and thousands of businesses are struggling with a…
Monthly Archives: March, 2021
Japan’s two major banks suffer profit losses as bad debt costs rise
TOKYO (Reuters) – Japan’s two biggest banks both reported first-half profits on Friday that fell…
Bankruptcy Debt Release for Intentional and Malicious Injury | Ward and Smith, Pennsylvania
A recent article discussed the general question of the discharge of debts in the event…
Puerto Rico announces agreement to restructure electric authority debt
SAN JUAN (Reuters) – Puerto Rico’s electric utility has reached an agreement with a group…
This maple syrup producer is helping Quebecers bring the sugar shack experience home
MONTREAL — For the second year in a row, the dining rooms of Quebec’s legendary…
OGM: “It is too early to rush” for a credit in danger
The coronavirus pandemic has led to a wave of bankruptcies and missed interest payments —…
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Seán Dunne’s escape from bankruptcy foiled by ‘incredible’ attitude – The Irish Times
Seán Dunne, the once filibuster property developer who embodied the hubris of the Celtic tiger…
Trustees appointed in the bankruptcies of Tom Girardi and Girardi Keese
By Brandon Lowrey (January 6, 2021, 6:48 PM EST) – A pair of Los Angeles…
Chattanooga-Based Mall Owner CBL Extends Debt Negotiations Through Next Week; hit by bankrupt Ann Taylor, Loft, Justice stores
This story was updated at 5:26 p.m. on Thursday, July 23, with more information. While…
A coal baron funded climate denial as his company went bankrupt
WASHINGTON — As his coal mining company went bankrupt, Robert E. Murray, the former chief…
CBL Properties avoids bankruptcy with debt restructuring and loses four shopping centers to foreclosure
Chattanooga, Tennessee— CBL Properties (NYSE: CBL) announced this morning that it has reached an agreement…
Barcelona fear bankruptcy as they extend deadline for pay cut talks
Barcelona have extended the deadline for imposing a pay cut on their team by a…
The big chains filed for bankruptcy each week in May. here are 6
By Jordan Valinski | CNN Business Temporary store closures. close to zero travel request. People…
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Bankruptcy threatens Chicago if there is no retirement solution – Chicago Tribune
People make judgments based on what they see, and in downtown Chicago, people see beauty:…
Why Almost Everyone – Borrowers, Lenders, Landlords, Renters, Sellers and Others – Should Care About Recent Bankruptcy Code Changes | Arnall Golden Gregory LLP
On December 27, 2020, the Consolidated Appropriation Act (“CAA”) was enacted. The CAA amends the…
Blackjewel Coal set to liquidate, leaving millions of dollars unpaid for workers and regulators
The convoluted bankruptcy of coal company Blackjewel took another turn of events as the company’s…
Form 8-K TopBuild Corp Due: March 8
AMENDMENT NO. 1 to AMENDED AND REFORMED CREDIT AGREEMENTThis AMENDMENT NO. 1 TO THE AMENDED…
Restructuring of tax debts – Financial restructuring
To print this article, all you need to do is be registered or log in…
Scouts could sell Norman Rockwell artwork to pay victims of sexual abuse
Buried in the fine print of a document filed as part of the Bankruptcy of…
Watson and Moore face off for DeKalb-based House District
He had his fair share of scandal during the exercise of a public function, including…
Music crowdfunding website PledgeMusic goes offline amid bankruptcy proceedings
PledgeMusic, a crowdfunding site designed to allow fans to support artists’ projects, has gone offline,…
San Francisco’s top art school closes after nearly 150 years
The San Francisco Art Institute will not accept students for the fall semester after nearly…
Spain increases direct aid for SMEs to 7 billion euros as part of relief plan, source says
MADRID, March 11 (Reuters) – The Spanish government’s direct aid to small and medium-sized businesses,…
White & Case selects Fintech practice leader from Milbank (1)
White & Case continues its expansion efforts in the new year with the addition of…
What we know about bankruptcies and federal fraud cases
In just five days, Celadon Group Inc. has been thrust into the national spotlight due…
A 101 Guide to Insolvency and Business Rescue in Uganda – Insolvency / Bankruptcy
To print this article, all you need to do is be registered or log in…
Man arrested by US Marshals over unpaid student loan of $1,500
This is an archived article and the information in the article may be out of…
Do not wait to liquidate “zombie” subsidiaries
As companies grow, the organizational charts of their legal entities often grow as well. While…
Investors Claim ‘Madoff-Level’ Fraud in Bankrupt Crypto Firm
By Rick Archer (November 19, 2020, 8:39 PM EST) – A pair of clients of…
Joe Biden’s bankruptcy bill could complicate his presidential run
Reader donations, most of which are no more than $5, are what fund the work…
Debt and pandemic push Hertz into bankruptcy protection
NEW YORK: Hertz has filed for bankruptcy after it was unable to weather the coronavirus…
Chesapeake plan approved, no changes to general management expected
There is still a long way to go before Chesapeake officially emerges from bankruptcy.But Doug…
Coachella Hotel Returns to Lender’s Ch. 11 Trustee Motion
By Vince Sullivan (February 19, 2021, 6:59 PM EST) – The bankrupt owner of a…
6 Giant Companies That Almost Collapsed
By Jason Feifer — Entrepreneur Staff — Editor-in-Chief For every successful business, hundreds fail and…
Medical bankruptcy is killing America’s middle class
Adobe action A new study has revealed that a staggering 530,000 families turn to bankruptcy…
Four Weinstein accusers seek to block $35 million bankruptcy payout
four of Harvey WeinsteinWeinstein’s accusers filed a motion on Tuesday to block payment of a…
Huge Pizza Hut franchisee apparently eyes bankruptcy
Photography: ShutterstockNPC International, the struggling operator of Pizza Hut and Wendy’s restaurants, missed an interest…
K&W Cafeterias seeking approval to sell two properties in the Lake Norman area | Local
A 3,621-square-foot lakefront home and residential land in the Lake Norman area are among the…
What Tenants Pay at 1440 Broadway by CIM & QSuper
1440 Broadway and CIM Group’s Shaul Kuba (Photos via CBRE and Getty) Just south of…
Major Obamacare expansion in Covid relief program
In addition to unemployment benefits and economic stimulus, the $1.9 trillion Covid-19 relief bill passed…
Business bankruptcy can help small businesses stay afloat
VIRGINIA BEACH, Va. — The COVID-19 pandemic has not only hit small business bottom lines…
THAI tries to appease anxious customers
Thai Airways International planes sit on the tarmac at Suvarnabhumi Airport. Thai Airways International (THAI)…
Fraser Anning declared bankrupt on her egg’s birthday
Last year, March 16, controversial far right australian senator Anning Fraser– infamous for his hardline…
A suspected Texas shooter was cited for animal cruelty in El Paso County in 2014
This is an archived article and the information in the article may be out of…
CBL properties to file for Chapter 11
Struggling mall owner CBL Properties intends to file prepackaged Chapter 11 bankruptcy to eliminate some…
The End of Chapter 11 Bankruptcy Protection
Is Chapter 11 doomed? There are reasons to think that the famous law of financial…
Woman records road rage incident that leads police to suspect
This is an archived article and the information in the article may be out of…
India’s new bankruptcy experts face kidnappers and angry workers in bid to clean up $210bn in stressed debt
Devendra Jain was abducted on a wet Mumbai afternoon last September, driven away in a…
The crisis proves a curse for the Greek Orthodox Church
* The government reduces the number and salaries of priests* Demand for church charity soars…
Celadon Bankruptcy, Biggest in Full Load History, Expected by Mid-Week (With Video)
Celadon Group (OTC: CGIP) will file for Chapter 11 bankruptcy no later than Wednesday, Dec.…
Pharmagreen Biotech aims to restructure the debt, protect the
CARSON CITY, NV, Aug. 11, 2020 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE — Pharmagreen Biotech, Inc.…
The pandemic triggers a wave of billion-dollar bankruptcies in the United States
US stock markets may be breaking records, but the state of distress for businesses in…
The Day – Lord & Taylor, Tailored Brands files for bankruptcy
Two more retail icons have filed for Chapter 11 protection, joining more than a dozen…
Chapter 11 was Chesapeake Energy’s only option, company tells bankruptcy court
The years-long efforts of Chesapeake Energy Corp. to clean up its balance sheet have been…
For Intelsat, bankruptcy may be a way to slow C-band deal
The Federal Communications Commission’s efforts to free up 5G-enabled airwaves could be slowed if Intelsat…
New York’s yellow cab drivers struggle to stay alive as pandemic rages
“It’s a ghost town,” remarks Tang, as he walks through Chinatown.Wain Chin, who has been…
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The technicality of insurance law leaves a Nebraska couple bankrupt after a medical emergency
Ashley, 31, and Nathan Werner, 28, are a couple from Alvo, Neb., who dreamed of…
Columbia House is finally closing its doors
Any music chef who came of age in (or around) the 80s has at some…
Toni Braxton’s best-selling album debuted 24 years ago and she went bankrupt soon after
Toni Braxton has fans who have been singing love songs for over two decades. Her…
Airport plans to monitor Hertz bankruptcy
As Hertz car rental company at Martha’s Vineyard Airport begins bankruptcy proceedings, airport officials plan…
Indonesia AirAsia in talks to defer $21.7m lease debt
Malaysian Capital A plans separate listing for AirAsia 2022-02-16 – 02:37 UTC The aeronautical companies…
India could miss national target to end AIDS by 2030: ICMR study
While COVID-19 The pandemic has halted the progress of several public health programs, Indian Council…
I don’t think Rite Aid will file for bankruptcy, but the stock is too high (NYSE: RAD)
After Rite Aid Corp. (GDR) over the past few years is like watching a soap…
24 Hour Fitness seeks hunter horse bidder ahead of Chapter 11
Tony Ueber, CEO of 24 Hour Fitness (LinkedIn, Getty) 24 Hour Fitness in talks with…
Family Farm Reorganization: Recent Updates to Chapter 12 Tax and Debt Limits | Mitchell, Williams, Selig, Gates & Woodyard, LLC
Download PDF Recent years have not been so good for farmers. It looks like this…
Williams restructures interim contracts with bankrupt Chesapeake
(Reuters) – Pipeline operator Williams Companies Inc said on Monday it would take possession of…
A new era is coming to Quiznos
Quiznos has faced quite a tough road over the past twelve years. The chain, founded…
The real villain in bankruptcies: private equity
You may have noticed that the venerable Hertz has joined a long parade of consumer…
FirstEnergy debt rating downgraded after CEO fired
FirstEnergy’s billion-dollar debt was downgraded following the firing of CEO Chuck Jones over possible illicit…
DELFINGEN enters into exclusive negotiations for the
PRESS RELEASE Anteuil, July 17and2020 DELFINGEN, one of the world leaders in the field of…
NRA flees NY for gun-friendly Texas after filing for Chapter 11 bankruptcy
Under the cloud of a trial of State Attorney General Letitia James, the NRA moves…
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Should you file for bankruptcy?
People who have accumulated more debt than they can repay sometimes have to wonder if…
PG&E is a ‘junk bond company’ coming out of bankruptcy
Pacific Gas & Electric Co.’s plan to emerge from bankruptcy mid-year under a mountain of…
US bankruptcies top 500 mark as coronavirus wreaks havoc
Business bankruptcies in the United States continue to grow amid the coronavirus pandemic as 22…
Chaparral Energy Raises Going Concern Doubts, Hires Advisors Amid Oil Rout
(Reuters) – Oklahoma oil and gas producer Chaparral Energy Inc on Monday warned of its…
How coronavirus stranded this couple in the Maldives
Olivia and Raul De Freitas are currently on their honeymoon at a five-star resort in…
University of Northern Ontario Files for Creditor Protection
SUDBURY — Faced with huge long-term debt and declining revenue due to COVID-19, Laurentian University…
One Year Bankruptcy Discussions – Insolvency/Bankruptcy/Restructuring
Australia: Year-long bankruptcy talks March 03, 2021 Worrells Solvency and Forensic Accountants To print this…
Extraction Oil & Gas cleared to emerge from bankruptcy
Extraction Oil & Gas Inc. (OTCMKTS: XOGAQ) has been given the green light to emerge…
Explanation: South African Airways is in “corporate bailout”. What does it mean?
JOHANNESBURG (Reuters) – Debt-ridden and years of mismanagement, state-owned South African Airways (SAA) has been…