Bankruptcy In The News

Supreme Court Grants Review to Malaise Law Firm Bankruptcy Case Justices Will Weigh In on Undistributed Funds Issue San Antonio, TX: The United States Supreme Court has agreed to review a case to [...]

GT Files for Chapter 11 Bankruptcy Many companies, including Apple, were surprised when GT Advanced Technologies filed for bankruptcy in early October. Right before filing, GT made a bond payment [...]

With the holiday season fast approaching, many American’s may begin stressing over balancing their financial situation with the plans and expectations of the holidays. From buying costumes [...]

Detroit inches closer to leaving bankruptcy behind as the city’s plan to get out of debt seems to be finally coming to fruition. Syncora Guarantee had such objections to the city’s [...]

Debt and bankruptcy are more than personal issues, and countries worldwide can find themselves on the brink of bankruptcy. Sometimes with issues out of their control, such as political turmoil, [...]

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 [...]

Chapter 9 bankruptcy. Rare, but when it happens it can completely alter a local economy. This is what happened when the city of Detroit in Michigan filed for bankruptcy in July 2013, making it [...]

Comcast SportsNet Houston (CSN) filed a bankruptcy case on Friday, September 27. The petition was filed by creditors associated with Comcast who are owed millions of dollars by CSN. Specifically, [...]

Did you know that 40 percent of the largest business bankruptcies in U.S. history occurred during our country’s most recent recession? The recession hurt more than just individuals, it [...]

John L. Smith is an Arkansas coach who may have gotten in a little over his head with an investment group along with five other people. According to USA Today, he filed for bankruptcy two weeks [...]