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Bankruptcy News

News on Bankruptcy continually updated from thousands of sources around the net.

1 hr ago | Business Journal

Johnston Barton asks for dismissal of involuntary bankruptcy

Johnston Barton Proctor & Rose has asked a judge to dismiss any involuntary bankruptcy petition filed against the former law firm by CAPREF Brookwood Office LLC. The attorney for the dissolved Johnston Barton Proctor & Rose LLP has filed a motion to dismiss the involuntary Chapter 7 bankruptcy petition against the former Birmingham law firm.

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Related Topix: Economics News, Birmingham, AL

5 hrs ago | Vallejo Times-Herald

BioHealth and Bryman colleges close their doors

BioHealth and Bryman colleges closed their doors Monday, about a week after their parent company filed for Chapter 11 bankruptcy.

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Related Topix: Economics News, San Francisco County, CA, San Francisco, CA, Hayward, CA

9 hrs ago | NewsOK.com

RPM Intl agrees to $797.5M deal on asbestos claims

RPM International plans to spend nearly $800 million as part of a preliminary deal to fund a trust that resolves asbestos personal injury claims tied to a business owned by its Specialty Products Holding Corp. The Medina, Ohio, company said Monday that the agreement still needs the approval of the claimants as well as the U.S. Bankruptcy Court.

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Related Topix: Manufacturing, RPM International, Chemicals, Medina, OH, Economics News

11 hrs ago | The Fresno Bee

How to escape the medical care debt trap

The single biggest cause of personal bankruptcy in the United States isn't job loss or irresponsible use of credit.

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Related Topix: Economics News, Health Insurance, Health, Credit Card Debt, Personal Finance

12 hrs ago | Business Journal

Orlando's Parliament House files for bankruptcy

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Related Topix: Economics News, Social Software

12 hrs ago | Detroit Free Press

Bridge Magazine: After bankruptcy, giving Detroiters a taxbreak

If a wave of potential new Detroiters is standing by, waiting for the word to move in , those words might just be "tax reform."

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Related Topix: Detroit, MI, Economics News

14 hrs ago | Detroit Free Press

Tom Walsh: DIA seeks grand bargain cash from U.S., Japanese auto suppliers

It's no secret to anyone who lives or works in the city that Detroit has the highest tax rates in... Amid the splendor of the DIA's Rivera Court, U.S. District Chief Judge Gerald Rosen speaks at a news conference on June 9. Gov. Rick Snyder is at right.

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Related Topix: Detroit, MI, Rick Snyder, US Governors, Economics News, Michigan

Sun Jul 27, 2014

The Globe and Mail

U.S. Steel filings raise shakeup concerns

Steam billows from a stack at the U.S. Steel Canada plant in Hamilton in this file photo taken March 4, 2009.

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Related Topix: Economics News

BBC News

'Community banks' to avert debt trap

An uncompetitive financial services market and the expense of declaring bankruptcy are leading people into "problem debt", according to a report.

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Related Topix: Economics News

Detroit Free Press

Rochelle Riley: If Detroit were a movie, Orr would be a twist in plot

Kevyn Orr rode into Detroit on the wheels of a financial calamity and was given carte blanche by the governor to fix the financial mess while also fixing what caused it.

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Related Topix: Detroit, MI, Economics News

Newsday

Westbury contractor loses licenses after homeowner complaints

Jeanine Megis, with her husband Alex, and their three children, 8, 5, and 3, outside of their Sandy damaged Merrick home.

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Related Topix: Westbury, NY, Merrick, NY, Nassau County, NY, Suffolk County, NY, Economics News

Journalgazette.net

Bankruptcies

Following are recent filings for bankruptcy protection in northeast Indiana. The list includes all business bankruptcies, as well as personal bankruptcies in which liabilities exceed $100,000.

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Related Topix: Economics News

TMZ.com

Ex-'RHONJ' Star Danielle Staub -- Sex Tape Partner Gets Screwed ... in Bankruptcy

" Real Housewives of New Jersey " star Danielle Staub will probably get the cold shoulder the next time she shopped at Nordstrom ... because she just screwed them over in bankruptcy court ... and she royally screwed the guy in her sex tape in the unforgettable onion bagel scene.

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Related Topix: Economics News

NewsTarget.com

Nearly 300,000 suicides in India so far from GMO crop failures

The Western media is steeped in denial about the true damage being caused by genetically modified crops, especially in the developing Third World.

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Related Topix: Agriculture, Science, Suicide, Economics News, Monsanto

Sat Jul 26, 2014

The Modesto Bee

Murder trial moved to former bankruptcy court in Modesto

Stanislaus Superior Court, for the first time, is moving a murder trial because its courtrooms are not big enough to handle the number of defendants and attorneys involved.

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Related Topix: Economics News, Modesto, CA, Criminal Defense Law, Law, Prison

News Observer

Subprime used-car loans sting buyers, investors

Despite living on Social Security and having previously filed for bankruptcy, Rodney Durham got a loan for a used Mitsubishi.

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Related Topix: Economics News, Durham, NC, Social Security, Personal Finance, Home, Mortgage

Sydney Morning Herald

'Bankrupt' Geoffrey Edelsten blows $48,000 a month on luxuries

Declaring bankruptcy hasn't stopped Geoffrey Edelsten from living a life of supreme luxury, with the disgraced businessman still blowing more than $48,000 a month on business class flights, five-star hotels and Gauthier jewellery for his girlfriends.

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Related Topix: Economics News

Business Wire

Fitch: Bankruptcy Shows Pressures on Some Retirement Communities

Fitch Ratings does not view this as a sector-wide concern. Several newer CCRCs funded during this period remain challenged due to slower than anticipated fill-ups and lower than projected entrance fee receipts, which in turn were caused by discounting attributable to the sharp decline in housing prices.

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Related Topix: Economics News, Housing, Marketing

Bradenton.com

Q&A on New Jersey's public employee pensions

Even ahead of his announcement, the political debate has ramped up. Christie's summertime town-hall style meetings are called "No Pain, No Gain" and are addressing pensions.

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Related Topix: Pension, Personal Finance, Chris Christie, US Governors, Tax, Economics News, Retirement

The Orlando Sentinel

Parliament House files for Chapter 11 bankruptcy

Parliament House, a gay resort and entertainment complex, filed for Chapter 11 bankruptcy on Friday citing $15.5 million in debt.

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Related Topix: Economics News, Foreclosures, Home, Mortgage, Personal Finance

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