Category Archives: Bankruptcy

JE Land Co. Inc., a Jasper-based real estate firm, has filed for Chapter 11 bankruptcy protection, citing debts of more than $7.4 million to a list of creditors that includes Hoover Mayor Gary Ivey. The development and leasing company, which … Continue reading →

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Oreck Corp. files for bankruptcy protection NASHVILLE — Oreck Corp., the Nashville-based manufacturer of upright vacuums and other cleaning products, has filed for Chapter 11 bankruptcy protection. Very good LOANWORD solutions countrywide coupled with fast approval regarding Bad Credit Student … Continue reading →

Dex Media Inc. (DXM)’s bonds will more than double in value to trade at par and its shares will jump to as much as 10 times current levels, according to Kyle Bass, whose Dallas-based hedge-fund firm Hayman Advisors LP made … Continue reading →

What does Casey Anthonys bankruptcy mean for the two defamation lawsuits pending against her? The answer was no less murky after a hearing Wednesday in Tampa. The suits, brought by Zenaida Gonzalez and Roy Kronk, were halted in their tracks … Continue reading →

A federal bankruptcy watchdog is objecting to casino owner Revel AC Inc.s restructuring plan, taking aim at expansive provisions meant to shield everyone from lenders to equity holders from liability. Read the Daily Bankruptcy Review article here. (Daily Bankruptcy Review … Continue reading →

TimeGate studios, the developer behind Section 8 and Gearboxs co-developer on Aliens: Colonial Marines, reportedly laid off its entire staff today, reports Kotaku. According to Kotakus sources, staff were sent home early today. Earlier this month TimeGate filed for Chapter … Continue reading →

There were two worrying pieces of news from Egypt this week. One was the reshuffling of Prime Minister Hisham Kandils cabinet based on partisan calculations, rather than competencies as was initially hoped. The second piece of news was the report … Continue reading →

Billionaire John Paulson sought bankruptcy court protection for a real estate unit of his hedge fund after executives there were sued for alleged conflicts of interest in the asset sales of five bankrupt resorts. The Paulson amp; Co. Inc. unit, … Continue reading →

Attorneys for Jefferson County, Ala., told a bankruptcy judge on Thursday that they plan to pull the struggling, 658,000-resident county out of Chapter 9 protection by the end of the year, ending the largest municipal bankruptcy case in US history. … Continue reading →