Blog Posts in May, 2010
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Posted on May 31, 2010
Supermercado del Pueblo, a Hispanic-oriented supermarket chain in Las Vegas, has filed for Chapter 11 bankruptcy protection. With the bankruptcy filing, it will shrink from four stores to one. The ...
Posted on May 30, 2010
The developer of the Carolina Park tract in South Carolina has filed for bankruptcy protection. This bankruptcy filing will delay the court-ordered auction of the property that was supposed to take ...
Posted on May 29, 2010
The owner of Fisherman's Wharf in Venice, Florida has filed for bankruptcy protection. The owner has been fighting the city and Sarasota County officials for years over a dock that is too long. Right ...
Posted on May 28, 2010
Bashas' Inc., a grocery store company in Arizona, is working on securing new financing that would allow it to emerge from bankruptcy protection by midsummer. The company plans to take out $200 million ...
Posted on May 27, 2010
Certified Diabetic Services Inc. has filed for Chapter 11 bankruptcy protection despite winning back business. The company filed a voluntary bankruptcy petition in the U.S. Bankruptcy Court. The ...
Posted on May 26, 2010
Chem Rx Corp. is seeking bankruptcy protection from creditors in an effort to restructure. The company has now filed Chapter 11 documents in U.S. Bankruptcy Court. While the business remains strong, ...
Posted on May 25, 2010
Highland Mall in North Austin, Texas has filed for bankruptcy protection. The mall had to file Chapter 11 bankruptcy because of legal tangle with tenants, vacating leases and recessionary pressure. ...
Posted on May 24, 2010
The supermarket chain Bi-Lo has emerged from Chapter 11 bankruptcy protection. The South Carolina-based company has successfully completed its financial restructuring. Reportedly, the company now has ...
Posted on May 23, 2010
Spansion, the California maker of NOR flash memory chips, has emerged from Chapter 11 bankruptcy as a more profitable company. They have emerged later than expected, but after filing for bankruptcy, ...
Posted on May 22, 2010
The Pasadena Playhouse in California has filed for Chapter 11 bankruptcy protection. The Playhouse announced in February that they halt their run of live performances and lay off its staff due to ...
Posted on May 21, 2010
Maria's Restaurant Inc., in the Annapolis area, has filed for Chapter 11 bankruptcy protection. The company plans to reorganize its debts, according to court records. Reportedly, Maria's has more than ...
Posted on May 20, 2010
Wichita, Kansas developer and builder Tim Malone has declared Chapter 7 liquidation bankruptcy. He has cited liabilities of $7.5 million and assets of $1.2 million. Malone ran into a cash problem when ...
Posted on May 19, 2010
Mendocino County, California district attorney Meredith Lintott has filed for Chapter 7 bankruptcy. She has reported that filing for bankruptcy became necessary when her Fort Bragg home wouldn't sell. ...
Posted on May 19, 2010
Thomson Law Firm has become a member of Find a Bankruptcy Lawyer. We are pleased to inform you that Ashdown Bankruptcy Lawyer, Thomson Law Firm, has become a member of our directory. If you need the ...
Posted on May 18, 2010
Six Flags has emerged from Chapter 11 bankruptcy after a restructuring process that cut the amusement park's debt by $1.7 billion. The company is now backed by $725 million in equity committed by new ...
Posted on May 17, 2010
Anpath Group Inc. is expected to seek Chapter 11 bankruptcy protection in order to restructure its debt and improve its capital. The company reportedly has a pre-arranged reorganization plan that is ...
Posted on May 16, 2010
Brown Publishing Company and Brown Media Holdings has filed for Chapter 11 bankruptcy protection. The publishing company owns a number of publication in ten states. The company hopes to continue ...
Posted on May 15, 2010
The Owner of the Fort Worth Business Press has filed for Chapter 11 bankruptcy. Reportedly, the court papers say that the company owes $94 million to two creditors. The company is also seeking a buyer ...
Posted on May 14, 2010
Ted Baer, the heir to the Brandeis fortune, has filed for Chapter 7 bankruptcy. Baer and his wife have filed a claim worth between $10 million and $50 million. Reportedly Baer has paid his attorneys ...
Posted on May 13, 2010
Freedom Communications, the parent company of more than 100 publications, has emerged from bankruptcy with new owners. The company used to be run by the Hoiles family, but will now be controlled by a ...
Posted on May 12, 2010
The number of Connecticut residents filing for Chapter 7 bankruptcy protection has increased 51% in the first three quarters of 2009 from the same time the year before. The number of Chapter 7 filings ...
Posted on May 11, 2010
In Pennsylvania, Cunningham's Funeral Home has filed for Chapter 11 bankruptcy protection. According to court records, GM-1 Partnership was the successful bidder at a foreclosure sale of the ...
Posted on May 10, 2010
The U.S. Bankruptcy Court has approved Mark Wentworth Home's plan for reorganization, which will allow it to emerge from Chapter 11 bankruptcy. The company was originally seeking the court's ...
Posted on May 9, 2010
Erickson Retirement has emerged from Chapter 11 bankruptcy protection six months after it filed. The company has been able to stabilize operations and secure financing thanks to new management. The ...
Posted on May 9, 2010
Erickson Retirement Communities LLC has emerged from Chapter 11 bankruptcy. The company has also been sold to Redwood Capital Investments. The company originally filed for bankruptcy because they were ...
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