Recent Posts in Chapter 11 Bankruptcy Category
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Posted on Jun 15, 2012 By Malaise Law Firm
All over America, times are hard. Right now many people are experiencing money troubles in their homes and at their work. A new study by Equifax, a credit reporting firm, shows that small business ...
Continue reading "Small Business Bankruptcies in Houston on the Rise" »
Posted on May 23, 2012 By Houston Bankruptcy Lawyer
After nearly two years of fighting over the details of a bankruptcy case, a baseball team has finally been purchased. The owner of the team fought to retain full ownership, but due to a co-existing ...
Continue reading "Los Angeles Dodgers' Bankruptcy Case Comes to an End" »
Posted on May 16, 2012 By Houston Bankruptcy Lawyer
One company has hopes of being rescued from bankruptcy if one important deal goes through. Earlier in 2012, Dippin' Dots announced its bankruptcy plans after years of declining profits. Curt ...
Continue reading "Dippin' Dots May Be Rescued from Bankruptcy" »
Posted on May 2, 2012 By Houston Bankruptcy Lawyer
News sources say that the employees of a bankrupt airline company are concerned about the future of their employment. Hundreds of workers protested in front of a New York Bankruptcy Court where the ...
Continue reading "Employees Concerned Over American Airlines Bankruptcy" »
Posted on Apr 19, 2012 By Houston Bankruptcy Lawyer
One of the oldest photography companies was forced to file for bankruptcy earlier this year. In order to keep the company afloat once the bankruptcy has been finalized, Eastman Kodak Co. is trying to ...
Continue reading "Kodak Still Sorting Through Bankruptcy Terms" »
Posted on Apr 11, 2012 By Houston Bankruptcy Lawyer
Filing for bankruptcy does not mean that a company will see a decline in its losses. As one airline company has proven, you can continue to hemorrhage money even while under Chapter 11 bankruptcy. The ...
Continue reading "American Airlines Still Losing Money Despite Chapter 11" »
Posted on Apr 4, 2012 By Houston Bankruptcy Lawyer
Another Texas-based corporation is working hard to exit bankruptcy protection. Its attorneys' latest decision has been to sell off the business' subsidiaries in order to settle just a portion ...
Continue reading "Corporation in Texas Working Hard to Exit Bankruptcy" »
Posted on Mar 28, 2012 By Houston Bankruptcy Lawyer
One of the largest corporations to file for bankruptcy has finally emerged from its reorganization plan. WM Inc. filed for bankruptcy after the financial crisis of 2008 but is now reportedly stronger ...
Continue reading "Company Emerges from Chapter 11 Stronger" »
Posted on Mar 21, 2012 By Houston Bankruptcy Lawyer
A once popular national grocery store chain has recently emerged from bankruptcy protection. It will now operate as a private company and will work on maintaining its remaining stores. Once known as ...
Continue reading "Grocery Store Chain Emerges From Bankruptcy Strong" »
Posted on Mar 15, 2012 By Houston Bankruptcy Lawyer
The difficult economy has affected everyone from individuals to corporations, including nonprofit organizations. One such organization has been forced to file for Chapter 7 bankruptcy in Virginia. ...
Continue reading "State Fair Has Bankruptcy Case Converted" »
Posted on Mar 7, 2012 By Houston Bankruptcy Lawyer
When the recession hit, developers across the country scrambled to secure funds for existing projects. In many cases, these projects were abandoned due to the unavailability of funds to finish ...
Continue reading "Local Developer Files for Bankruptcy Protection" »
Posted on Feb 29, 2012 By Houston Bankruptcy Lawyer
When the nation plunged into a deep recession, many people were forced to cut back on their philanthropic donations. As a result, museums like the U.S. National Slavery Museum found themselves in ...
Continue reading "National Museum Pursues Bankruptcy" »
Posted on Feb 22, 2012 By Houston Bankruptcy Lawyer
As part of its reorganization plan, American Airlines has announced that it will be making some serious budget cuts. At least 500 flight attendants are expected to lose their jobs by as early as April ...
Continue reading "American Airlines to Cut 500 Flight Attendants" »
Posted on Feb 16, 2012 By Malaise Law Firm
Despite having filed for bankruptcy a few months ago, American Airlines enjoyed an increase in purchased flights over the past two months. This came as a surprise to company officials who were ...
Continue reading "American Airlines has Increase in Flight Purchases Despite Bankruptcy" »
Posted on Feb 8, 2012 By Houston Bankruptcy Lawyer
When a company files for bankruptcy, creditors, and shareholders run the risk of not being paid back in full. A brokerage firm that has filed for bankruptcy has caused many troubles for customers that ...
Continue reading "Customer Files Lawsuit against Brokerage Firm during Bankruptcy Proceedings" »
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 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 21, 2011 By Malaise Law Firm
If you think that filing for business bankruptcy is an easy process, think again. You could spend months or even years fighting just to have your case considered, and once it is approved for review, ...
Continue reading "Filing for Bankruptcy Isn't Always Easy" »
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 Nov 23, 2011 By Malaise Law Firm
A power company in Houston has angered hundreds of bondholders by announcing its new plans for Chapter 11 bankruptcy this month. The parent company issued a statement earlier this month announcing its ...
Continue reading "Power Company Files for Chapter 11" »
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