Recent Posts in Chapter 11 Bankruptcy Category
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Posted on Sep 6, 2012 By Malaise Law Firm
Due to falling production and an inevitable $89 million interest payment, ATP has chosen to arrange a $700 million revolving credit facility, and will then file for bankruptcy. According to Bloomberg ...
Continue reading "ATP Oil & Gas Files for Bankruptcy in Texas" »
Posted on Aug 10, 2012 By Malaise Law Firm
Recently, press has been pointing at California because of the many the Chapter 9 city bankruptcies that are going on there. Yet a recent article by the Bloomberg BusinessWeek alleges that Nebraska is ...
Continue reading "Nebraska is Queen of the Bankrupt States" »
Posted on Jun 5, 2012 By San Antonio Bankruptcy Lawyer
Jamal Lewis used to live the dream, playing as a running back for the Baltimore Ravens. Yet that was back before financial ruin penetrated his life and left him with $10.5 million in debt. He was told ...
Continue reading "Ex-NFL Player Reschedules Bankruptcy Hearing" »
Posted on May 28, 2012 By San Antonio Bankruptcy Lawyer
News sources say that a financial giant is in the process of exploring Chapter 11 bankruptcy. The board of Ally Financial Inc's Residential Capital unit is meeting to talk about the company's ...
Continue reading "Finance Giant Considering Chapter 11" »
Posted on May 22, 2012 By San Antonio Bankruptcy Lawyer
The airline industry has experienced highs and lows over the past few years, especially in the manufacturing sector. Now, news sources say that one company has agreed to file for bankruptcy protection ...
Continue reading "Airline Manufacturing Company Pursues Chapter 11" »
Posted on May 15, 2012 By San Antonio Bankruptcy Lawyer
A multi-generational company has been forced to file for bankruptcy after decades of business. Last week it petitioned to have its Chapter 11 bankruptcy converted into a Chapter 7 bankruptcy filing ...
Continue reading "Multi-Generational Company Seeks to Convert from Chapter 11 to Chapter 7" »
Posted on May 14, 2012 By San Antonio Bankruptcy Lawyer
The Lehman Brothers' bankruptcy has been going on for years, yet new information is still being released to the public. A recent report shows that just before its massive collapse in 2008, fifty ...
Continue reading "New Information Released in Lehman Brothers' Bankruptcy Case" »
Posted on Apr 24, 2012 By San Antonio Bankruptcy Lawyer
There are times when companies may file for bankruptcy under one Chapter but will later convert it to another. That is what happened for a regional airline that announced its bankruptcy filing just a ...
Continue reading "Company Converts Chapter 11 to Chapter 7 Filing" »
Posted on Apr 23, 2012 By San Antonio Bankruptcy Lawyer
The sale of the Dodgers has been in discussion for nearly two years but it seems as though the debate is drawing to an end. A judge has approved the sale of the California baseball team to a group ...
Continue reading "Sale of the Dodgers Coming to a Close" »
Posted on Apr 17, 2012 By San Antonio Bankruptcy Lawyer
A solar power company with a $2 billion dollar project in the works has filed for Chapter 11 bankruptc y this month. With its largest stockholder also filing for bankruptcy in Germany, the ...
Continue reading "$2 Billion Solar Project Halted due to Company's Bankruptcy" »
Posted on Mar 26, 2012 By San Antonio Bankruptcy Lawyer
A company that earned its reputation for resolving financial issues has filed for Chapter 11 bankruptcy. The tax-resolution firm, best known for its commercials, found itself in financial trouble from ...
Continue reading "Tax Company Accused of Providing False Information" »
Posted on Mar 20, 2012 By San Antonio Bankruptcy Lawyer
A wholesale power company's bankruptcy filing is under constant scrutiny by several outside sources. One of the sources, a "watchdog" group for government bankruptcy filings, is calling ...
Continue reading "Power Company's Bankruptcy Faces Scrutiny" »
Posted on Mar 12, 2012 By San Antonio Bankruptcy Lawyer
A petroleum company based out of Texas is seeking Chapter 11 bankruptcy with one of its subsidiaries. The joint petition was presented to a bankruptcy judge last week in Dallas. Due to years of ...
Continue reading "Texas Petroleum Company Pursues Bankruptcy" »
Posted on Mar 6, 2012 By San Antonio Bankruptcy Lawyer
A unique ice cream manufacturer has been forced to file for its second bankruptcy loan. The recession hit Dippin' Dots Inc. hard over the past few years, forcing company officials to decide on ...
Continue reading "Ice Cream Company Tries to Reorganize by Seeking Loan" »
Posted on Feb 21, 2012 By San Antonio Bankruptcy Lawyer
When the recession hit several years ago, people across the country were forced to give up on life's luxuries. Several golf courses in upstate North Carolina found themselves hit by the struggling ...
Continue reading "Golf Courses Seek Bankruptcy Protection" »
Posted on Feb 6, 2012 By San Antonio Bankruptcy Lawyer
As most of the airline industry is struggling to stay afloat, America's third largest airline company is working to get through its Chapter 11 bankruptcy filing. American Airlines (AA) announced ...
Continue reading "American Airlines to Fire 13,000 Workers due to Bankruptcy" »
Posted on Jan 24, 2012 By San Antonio Bankruptcy Lawyer
A famous snack food may no longer be found on store shelves as the company that manufactures the product is filing for Chapter 11 bankruptcy this month. After being in business for decades, this ...
Continue reading "Famous Snack Food Producer Seeking Chapter 11 Protection" »
Posted on Jan 17, 2012 By Malaise Law Firm
The end of an era is near for one company that has been in business for over 100 years. Investors are sensing financial distress and reports indicate that they have started to sell stock in the ...
Continue reading "131-Year-Old Photography Company Fighting Bankruptcy with Patents" »
Posted on Jan 10, 2012 By Malaise Law Firm
A long-time photography company may be forced to shut its doors forever if several sales do not go through. Company executives are prepared to file for Chapter 11 bankruptcy protection but are hoping ...
Continue reading "Long Time Photography Company Facing Bankruptcy" »
Posted on Jan 3, 2012 By Malaise Law Firm
Despite gaining fame as a talented rapper, one musician has been forced to file for bankruptcy this year. What started out as a Chapter 11 reorganization plan for the rapper has been changed into a ...
Continue reading "Rapper Forced to File for Bankruptcy" »
Posted on Jan 2, 2012 By Malaise Law Firm
A popular fast-food sandwich shop chain is working with its creditors to avoid filing for bankruptcy. If the plan to buy out the chain does not go through, however, the chain will be forced to file ...
Continue reading "Fast-Food Shop May File for Chapter 11" »
Posted on Dec 26, 2011 By Malaise Law Firm
A popular Swedish car company announced this week that it will file for Chapter 11 bankruptcy. This announcement came with much regret after the company had worked for months to secure much-needed ...
Continue reading "Swedish Car Company Filing for Bankruptcy" »
Posted on Dec 19, 2011 By Malaise Law Firm
One airline is going through serious changes after announcing that it will file for Chapter 11 bankruptcy. The new CEO spoke publicly this week to say that while the airline is confident about ...
Continue reading "Airline Making Changes after Filing for Chapter 11" »
Posted on Dec 13, 2011 By Malaise Law Firm
The largest bankruptcy case in history is finally drawing to a close almost four years after it first began. The financial institution that once controlled a significant portion of the country's ...
Continue reading "Largest Bankruptcy Drawing to a Close" »
Posted on Nov 29, 2011 By Malaise Law Firm
One company will not only lose their corporate sponsorship of a popular basketball team but may also be forced to pay out tens of millions of dollars to its customers. Although information regarding ...
Continue reading "Bankruptcy Causes Company to Lose Sponsorship" »
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