Blog Posts in March, 2011
Posted on Mar 29, 2011 By Malaise Law Firm
Known for his real estate development savvy, Rusy Hyneman has admitted financial defeat and filed for Chapter 7 bankruptcy this week. The petition, which was filed at the U.S. Bankruptcy Court in ...
Continue reading "Rusy Hyneman Moves Forward with Chapter 7" »
Posted on Mar 28, 2011 By Malaise Law Firm
Good news for RHI Entertainment Inc: a judge has confirmed their bankruptcy plan exit while under control of its senior lenders. The company will swap their debt for equity to keep their movie ...
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Posted on Mar 22, 2011 By Malaise Law Firm
According to the Boston Business Journal Peptimune Inc., a privately held biotechnology company, has filed for Chapter 7 bankruptcy protection. Inside information from an executive reveals that ...
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Posted on Mar 21, 2011 By Malaise Law Firm
Since their emergence from Chapter 11 bankruptcy in December 2009 CIT Group now wants to sell its first bond deal. The formerly popular U.S. consumer lender is expected to offer second-priority ...
Continue reading "CIT Group Wants to Make Post Bankruptcy Deal" »
Posted on Mar 15, 2011 By Malaise Law Firm
After facing multiple charges of molesting a teen in 2003 a local priest in Northwest Indiana is filing for Chapter 7 bankruptcy . Richard Emerson, the former priest in question, filed in the US ...
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Posted on Mar 14, 2011 By Malaise Law Firm
While financial experts originally thought that when Borders Group Inc. filed for Chapter 11 bankruptcy earlier this year their rival Barnes and Noble would stand to benefit. However, their stock ...
Continue reading "Barnes and Noble May Not Benefit from Borders' Bankruptcy" »
Posted on Mar 8, 2011 By Malaise Law Firm
In a surprising turn of events a bankruptcy trustee and court-appointed receiver has been charged with felony fraud. Marika Tolz has been accused of misappropriating $16 million from several court ...
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Posted on Mar 7, 2011 By Malaise Law Firm
The remnants of the old General Motors Corp. will be approved for liquidation this week by a federal bankruptcy judge. These include bad assets that are left over from the 2009 liquidation filed by ...
Continue reading "General Motors Corp. to be Approved for Liquidation" »
Posted on Mar 1, 2011 By Malaise Law Firm
While some financial experts argue that the economy is turning around, homeowners in South-Central Texas would disagree. According to the U.S. Bankruptcy Court for the Western District of Texas, ...
Continue reading "Bankruptcies Increase by 1.9 Percent in South Central Texas" »