Blog Posts in December, 2010
Posted on Dec 28, 2010 By Malaise Law Firm
A part of Wheeling, W. VA's history will see its doors close down early next year after filing for Chapter 7 bankruptcy . Kaufman's Inc., which has been in Wheeling for eighty years, was finally ...
Continue reading "Kaufman's Inc. Pursues Chapter 7 " »
Posted on Dec 27, 2010 By Malaise Law Firm
Some homeowners that are facing foreclosure will have until next year for federal loan applications to become available. Washington, along with 31 other states, will receive funds from the Department ...
Continue reading "Homeowners May Have to Wait for Federal Loan Applications" »
Posted on Dec 21, 2010 By Malaise Law Firm
The holidays have turned some financial institutions a little soft, prompting them to halt foreclosure hearings and evictions during this season. Fannie Mae and Freddie Mac are taking Christmas and ...
Continue reading "Large Banks to Ease Foreclosures during the Holidays" »
Posted on Dec 20, 2010 By Malaise Law Firm
The nation's most expensive bankruptcy has now reached an all-time high of $1.07 billion as the cost for bankruptcy lawyers, consultants, and financial advisors alone. An additional $44 million was ...
Continue reading "Lehman Brothers Holdings Inc. Reaches All Time Bankruptcy High" »
Posted on Dec 14, 2010 By Malaise Law Firm
James Farrell, head of Evergreen State Bank, has filed for Chapter 7 bankruptcy this month as his own bank is failing financially. Along with his wife Kathleen, the president and chief executive filed ...
Continue reading "Head of Evergreen State Bank Files for Chapter 7 " »
Posted on Dec 13, 2010 By Malaise Law Firm
The Great Atlantic and Pacific Tea Company, GAPTQ.PK, is hoping to win an interim approval in court this week from a bankruptcy judge. They are asking for an $800 million loan in which it would be ...
Continue reading "Great Atlantic and Pacific Tea Company Waiting for Bankruptcy Approval" »
Posted on Dec 7, 2010 By Malaise Law Firm
The owners of Belmont Park, a Mission Beach-based amusement park, and the City of San Diego, California, are in the middle of a serious rent dispute. Their discussions have now landed them smack in ...
Continue reading "Belmont Park Considering Chapter 11 Bankruptcy" »
Posted on Dec 6, 2010 By Malaise Law Firm
Irving Picard, the trustee in the Bernard Madoff bankruptcy, has created a long list of high-profile targets for the $9 billion lawsuit against HSBC Holdings Plc and other companies. The complaint, ...
Continue reading "Bernard Madoff's Bankruptcy Trustee Creates Targeted List" »
Posted on Dec 3, 2010 By San Antonio Bankruptcy Lawyer
Although many Americans have yet to feel the effects of the slowing recovering economy, many report that they are less stressed about debt and they are spending more this holiday season. Black Friday, ...
Continue reading "Increase in Holiday Spending from Last Year" »