Recent Posts in Bankruptcy in the News Category
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Posted on Feb 1, 2012 By Houston Bankruptcy Lawyer
After months of fighting over the details of a bankruptcy settlement, a Los Angeles baseball team is in the final stages of presenting its reorganization plan. It took months for the owner of the team ...
Continue reading "Los Angeles Baseball Team Entering Final Stages of Reorganization" »
Posted on Jan 19, 2012 By Malaise Law Firm
A financial expert has come forward to say that in 2012 we will see even more corporate bankruptcies filed. After reviewing the report published by the financier, several other economic experts have ...
Continue reading "Financial Expert Believes More Companies will File for Bankruptcy in 2012" »
Posted on Jan 18, 2012 By Malaise Law Firm
Since the economy took a major plunge several years ago, thousands of individuals and businesses have been forced to file for bankruptcy . Entire counties have also been forced to file, such as ...
Continue reading "Municipal Bankruptcy will Proceed Despite Creditor's Objection" »
Posted on Jan 12, 2012 By Malaise Law Firm
The end of year figures for bankruptcy is giving financial experts hope that the country will soon be financially healthy. Bankruptcy filings showed a six-year low in several areas of the country ...
Continue reading "End of Year Bankruptcy Stats Optimistic" »
Posted on Jan 11, 2012 By Malaise Law Firm
Think that all rappers are rolling in the dough? Think again. One once-famous rapper did not take care of his finances and has had to file for Chapter 7 bankruptcy as a result. According to the latest ...
Continue reading "Hip Hop Musician Files for Chapter 7" »
Posted on Jan 5, 2012 By Malaise Law Firm
A Swedish automaker has finally given up hope that it will secure the loan it needs. The company announced last week that it would be filing for bankruptcy . The company was purchased by an American ...
Continue reading "Car Maker Announces Bankruptcy to the Public" »
Posted on Dec 29, 2011 By Malaise Law Firm
After accepting a large loan from a financial group, a builder has decided to file for Chapter 11 bankruptcy. This came as a surprise to shareholders that thought the loan would be substantial enough ...
Continue reading "Builder Proceeds with Chapter 11 Even After Getting a Loan" »
Posted on Dec 28, 2011 By Malaise Law Firm
Despite the global need for oil and petroleum, one company was forced to file for bankruptcy this month. As a result of the bankruptcy filing, its shares plummeted 45 percent when news of the ...
Continue reading "Oil Company Faces Bankruptcy" »
Posted on Dec 22, 2011 By Malaise Law Firm
In order to complete its Chapter 11 bankruptcy filing, a global brokerage firm has accepted a loan of $21 million. This money was approved for use by a bankruptcy judge this week and is expected to go ...
Continue reading "Firm Accepts Loan to Finish Bankruptcy" »
Posted on Dec 15, 2011 By Malaise Law Firm
An airplane maker is waiting anxiously for its order of 100 planes to be approved by a bankruptcy judge. Since the company that has ordered the planes is owned by a parent company that is currently ...
Continue reading "Airplane Company Waiting for Bankruptcy Judge's Decision" »
Posted on Dec 7, 2011 By Malaise Law Firm
One city is fighting to file for bankruptcy , but is slowly losing the battle. Earlier this month the city council approved a measure to file for Chapter 9 bankruptcy. However, a bankruptcy judge ...
Continue reading "City Struggling to File for Bankruptcy" »
Posted on Nov 16, 2011 By Malaise Law Firm
Although the decline is small, bankruptcy rates are falling after years of record-breaking figures. Nationwide, bankruptcy filings have declined by 8 percent over the twelve-month period ending in ...
Continue reading "Statistics Show Decline in Bankruptcies" »
Posted on Oct 26, 2011 By Malaise Law Firm
With ski season right around the corner, one company isn't too happy about filing for Chapter 7 bankruptcy this month. The company, which owns a private golf and ski community, announced its ...
Continue reading "Resort Files for Chapter 7" »
Posted on Oct 13, 2011 By Malaise Law Firm
Despite a recent drop in bankruptcy filings, several consumer advocacy groups warn that this is not necessarily a sign of a renewed economy. Instead, these groups believe that Americans are less ...
Continue reading "Some Say Drop in Bankruptcies Does Not Mean Economy is Improving" »
Posted on Oct 12, 2011 By Malaise Law Firm
The drawn-out battle over the fate of a popular baseball team continues to make headlines as the defense continues to be denied its requests. The legal team for the man who currently owns the team ...
Continue reading "Battle Over Baseball Team Continues" »
Posted on Oct 6, 2011 By Malaise Law Firm
Another solar panel company has filed for bankruptcy this year following several years of disappointing returns and global competition. The Scottsdale-based manufacturer was forced to file for Chapter ...
Continue reading "Solar Panel Company Opts for Chapter 11" »
Posted on Sep 29, 2011 By Malaise Law Firm
While businesses across the country have been closing their doors for good, a long-standing theater company in Florida joins their ranks. A community was saddened to learn that the company, located in ...
Continue reading "Theater Pursues Chapter 7 Filing" »
Posted on Sep 28, 2011 By Malaise Law Firm
While the trends in foreclosure are looking good for Austin, the figures are still high and could remain high through 2012. According to a survey, foreclosures in Austin have stayed under 1,200 ...
Continue reading "Foreclosures May Remain High in 2012" »
Posted on Sep 22, 2011 By Malaise Law Firm
The man who once referred to himself as a "troubleshooter" clearly did not take his own advice regarding finances. Last week, the advice guru filed for Chapter 7 bankruptcy , listing a ...
Continue reading "Financial Guru Files Chapter 7" »
Posted on Sep 21, 2011 By Malaise Law Firm
Another big league sports team has filed for bankruptcy with plans to have the franchise sold as well. The hockey team, which is based in Dallas, last made the news when it was purchased by a former ...
Continue reading "Former Billionaire Forced to Sell Sports Teams" »
Posted on Sep 15, 2011 By Malaise Law Firm
A solar panel manufacturer shocked many when it filed for bankruptcy last week, despite receiving $535 million in stimulus loans from the federal government. As if their finances weren't enough to ...
Continue reading "Chapter 11 Only Option for Solar Panel Company" »
Posted on Sep 14, 2011 By Malaise Law Firm
As more and more people find themselves filing for bankruptcy protection, even some of our nation's lawmakers are opting for some form of bankruptcy. One such lawmaker filed for Chapter 13 ...
Continue reading "Politician Files for Chapter 13" »
Posted on Sep 8, 2011 By Malaise Law Firm
While you can file for Chapter 13 bankruptcy protection, you will not always get approved. One former lawmaker learned this the hard way when his Chapter 13 repayment plan was rejected this week in ...
Continue reading "Court Rejects Lawmaker's Chapter 13 Repayment Plan" »
Posted on Sep 1, 2011 By Malaise Law Firm
Even though solar power is an exciting field that promises to reduce our carbon footprint, those companies that offer solar panels are still struggling in this economy. This month, yet another solar ...
Continue reading "Solar Power Company Files for Chapter 11" »
Posted on Aug 24, 2011 By Malaise Law Firm
Bankruptcy does not just apply to businesses and individuals, but can also apply to entire towns and counties. According to news sources, a town in California has been working through bankruptcy for ...
Continue reading "County Expected to Emerge from Chapter 9" »
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