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Washington area bankruptcy filings for the week of Jan. 30 - Washington Post


Washington area bankruptcy filings for the week of Jan. 30
Washington Post
Under Chapter 11 of the federal bankruptcy code, a company is protected from claims by creditors while it attempts to reorganize its finances under a plan approved by the court. In a Chapter 7 liquidation, a court trustee sells assets to pay creditors' ...
What You May Not Know about Chapter 7 BankruptcyJD Supra (press release)
Creditors May Object to Bankruptcy Proceedings but Rarely Do Says Des Moines ...Law Firm Newswire (press release)
Business bankruptciesMinneapolis Star Tribune

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Structured Solutions files for bankruptcy - KHAS-TV


Structured Solutions files for bankruptcy
KHAS-TV
On January 24th, Structured Solutions filed for Chapter 7 bankruptcy. For the city, this could mean that they don't see a cent of the $600000 returned to them. "It was clear that Structured Solutions was in serious financial trouble and it didn't ...

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Bankruptcy hearing Tuesday for Bill Johnson's Big Apple - KTAR.com


Bankruptcy hearing Tuesday for Bill Johnson's Big Apple
KTAR.com
Bill Johnson's Big Apple is in Chapter 11 bankruptcy. Some members of the family that owns the restaurant chain want to change that to Chapter 7 bankruptcy, which could force all five locations to close. Longtime customer Tim Smith doesn't want that ...
Bill Johnson's Big Apple Calls On Public For SupportModern Times Magazine

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Dealers trying to push Saab NA into bankruptcy - Autoblog (blog)


The Car Connection

Dealers trying to push Saab NA into bankruptcy
Autoblog (blog)
Shortly after Saab NA appointed a third-party administrator, McTevia & Associates, it was decided there was no way to save the company short of liquidation, and on January 23, the administrator announced plans to file for Chapter 7 bankruptcy.
Saab's U.S. Dealers Pray For Miracle, Ask For Chapter 11 ProtectionThe Car Connection

all 3 news articles »

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Business bankruptcies fall 16 percent in NJ - NorthJersey.com


NorthJersey.com

Business bankruptcies fall 16 percent in NJ
NorthJersey.com
"I think the fluctuation is insignificant," David Ast, a Morristown attorney who helped Quality Aluminum, Inc. of Fair Lawn file for Chapter 7 bankruptcy on Tuesday. "Although it may appear that there is some improvement, I think it's very shaky.

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