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Bankruptcy Sale for Seattle-Based Coffee Company Tully’s 13 Jan 2013 | 03:48 am

It looks like today might be the day when the Seattle-based coffee company receives its fate from a bankruptcy court. In October, Tully’s announced it was filing for bankruptcy under Chapter 11. Tully...

Is Detroit Filing Bankruptcy? 11 Dec 2012 | 10:01 pm

Rumors have been flying nationwide as Detroit continues to slash jobs in their final effort to avoid filing bankruptcy. Recently, there have been many experts discussing the city’s financial crisis an...

Lenny Dykstra Was Sentenced for Fraud in His Bankruptcy Filing 6 Dec 2012 | 09:16 am

On December 3, 2012, Lenny Dykstra was sentenced to 6 1/2 months in prison for hiding baseball memorabilia, including baseball gloves and heirlooms from his bankruptcy filing. Dykstra, was the former ...

Judge Approves A123 Systems Bankruptcy Filing Financing 28 Nov 2012 | 04:33 am

November 26, 2012 – Today, the US Bankruptcy Judge overseeing the A123 bankruptcy filing gave final approval to allow Wangxiang Group, a Chinese auto parts maker, to give $50 million in bankruptcy fin...

Bankruptcy Judge Says Wait a Minute on Hostess Bankruptcy Filing 20 Nov 2012 | 07:48 pm

November 18, 2012 – On Friday, Hostess brands Inc. announced it would be converting its bankruptcy filing to a Chapter 7 and liquidate the company. This was huge nationwide news as many Americans were...

Pilots from Pinnacle Airlines Are Awaiting regarding Bankruptcy Filing 18 Nov 2012 | 07:00 am

  Earlier this year, Pinnacle Airlines entered into a bankruptcy filing to try and cut operating costs especially those of employees. Today, bankruptcy judge Robert E. Gerber issued a secret decision ...

MF Global’s Bankruptcy Filing Auction Featured Memorabilia and Artwork 11 Nov 2012 | 04:14 am

One year ago, MF global entered into a bankruptcy filing and laid off all of its 1066 employees. Over the last year we have heard many accusations from the media of how CEO John Corzine drove the comp...

ThinkEquity Is Filing Chapter 7 Bankruptcy 8 Nov 2012 | 08:06 pm

November 6, 2012, Stock trading and equity research firm ThinkEquity LLC announced it was filing Chapter 7 bankruptcy in a U.S. Bankruptcy Court in the District of Delaware. According to bankruptcy fi...

NFL Star Warren Sapp Finally Had His First Auction Since Filing Bankruptcy 4 Nov 2012 | 06:25 am

Back in April of 2012, NFL superstar, Warren Sapp announced he was filing bankruptcy because he had assets of only $6.45 million and debts totaling $6.7 million. Over his career, the football player m...

In 2012, the Number of Businesses Filing Bankruptcy has Dropped 22% 5 Oct 2012 | 06:37 am

 As reported by the American Bankruptcy Institute, so far this year, the number of businesses filing bankruptcy is down 22% for the first nine months compared to the same time frame last year. Accordi...

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