Bankruptcy Code

Type: Keyphrase
Name: Bankruptcy Code
First reported 33 mins ago - Updated 33 mins ago - 1 reports

Abenomics has failed: economist

The reforms implemented in Japan by Prime Minister Shinzo Abe have done little to address the structural problems the economy is facing, according to Hunt Economics director Andrew Hunt.Hunt, who spoke at the van Eyk annual conference in Sydney last week, ... [Published The Insto Report - 33 mins ago]
Entities: Japan, Reformism, Shinzo Abe
First reported 14 hours ago - Updated 14 hours ago - 1 reports

The Fisker Case and Its Impact on Distressed M

As is well known, the right to credit bid is the entitlement of a secured lender to bid the amount of its outstanding claims at the sale of its collateral. If the secured lender places the winning bid, no money is exchanged and the purchase price is offset ... [Published JD Supra - 14 hours ago]
First reported Apr 14 2014 - Updated Apr 15 2014 - 2 reports

A&M Advises TelexFREE in Chapter 11 Restructuring

TelexFREE announced that it and certain of its subsidiaries and affiliates filed voluntary petitions for relief under Chapter 11 of the U.S. Bankruptcy Code, in an effort to address certain operational challenges. The petitions were filed in the U.S. ... [Published ABF Journal - Apr 15 2014]
First reported Apr 15 2014 - Updated Apr 15 2014 - 1 reports

U.S. Supreme Court: Stage Set for Potential Shift in Bankruptcy Court Jurisdiction

By Jeffrey A. Wurst, Esq. & John H. Ruiss, Jr., Esq.Earlier this year, the Supreme Court heard arguments in Executive Benefits Insurance Agency v. Arkison, a case that may very well change the powers of bankruptcy court judges and settle important questions ... [Published ABF Journal - Apr 15 2014]
First reported Apr 15 2014 - Updated Apr 15 2014 - 1 reports

Private school administrator not liable for unpaid unemployment contributions, says bankruptcy court

CCH® UNEMPLOYMENT INSURANCE — 4/15/14 The Department of Workforce Development tried to collect unpaid unemployment contributions from the administrator of a private elementary school that had closed its doors. The administrator had filed a petition under ... [Published CCH Business & Corporate Compliance - Apr 15 2014]
First reported Apr 15 2014 - Updated Apr 15 2014 - 1 reports

New Jersey Community Bank Reports Revised Fourth Quarter and Full Year Results for 2013

- New Jersey Community Bank (OTCQBThe change in the Bank's reported results is directly related to recording, as of December 31, 2013, a non-recurring $2.0 million litigation charge in connection with a judgment against the Bank relating to a loan on ... [Published Digital Journal - Apr 15 2014]
First reported Apr 13 2014 - Updated Apr 14 2014 - 2 reports

Detroit Bankruptcy: U Turn by Michael Comes

Below is a comment written by  Michael Comes, a Portfolio Manager & Vice President Research of Cumberland Advisors.  His bio is found at Cumberland’s home page, www.cumber.com . His email is michael.comes@cumber.com .Of note, last week, the NYT reported ... [Published Zero Hedge - Apr 13 2014]
First reported Apr 11 2014 - Updated Apr 12 2014 - 1 reports

Coldwater Creek to Honor Gift Cards

A Coldwater Creek store in downtown Seattle.Associated Press/Elaine Thompson Coldwater Creek Inc., the women’s clothing retailer that’s going out of business, will honor gift cards and other promotional programs. The retailer, which filed for bankruptcy ... [Published WSJ.com: Bankruptcy Beat - Apr 11 2014]
First reported Apr 11 2014 - Updated Apr 12 2014 - 1 reports

Bankruptcy judge approves plan to settle debts

DETROIT (WXYZ) - Bankruptcy Judge Steven Rhodes has approved the Detroit Swaps settlement with two banks, UBS and Bank of America.The banks will be paid 30 cents on the dollar, or $85 million on a $288 million dollar obligation.Two of the proposed settlements ... [Published WXYZ - Apr 11 2014]
First reported Apr 09 2014 - Updated Apr 09 2014 - 1 reports

US court: Creditors’ committee’s plan with adequate information

00:00 By Alexie Villegas Zotomayor - avz@mvariety.com - Variety News Staff View CommentsTHE federal court has ruled in favor of the unsecured creditors’ committee’s motion determining that the proposed plan of reorganization provides adequate ... [Published Marianas Variety - Apr 09 2014]
First reported Apr 09 2014 - Updated Apr 09 2014 - 1 reports

There’s no equity in law

The Bottom Line:In Law v. Siegel, No. 12-5195 (U.S. Mar. 4, 2014), the United States Supreme Court ruled that the bankruptcy court cannot use its general “equitable powers” under section 105 in a way which contravenes another specific section of the Bankruptcy ... [Published Lexology - Apr 09 2014]
First reported Apr 07 2014 - Updated Apr 08 2014 - 5 reports

James River Coal Company Files for Bankruptcy Protection

RICHMOND, VA--(Marketwired - Apr 8, 2014) -  James River Coal Company ("JRCC") filed for protection under chapter 11 of the Bankruptcy Code as the coal provider struggled to reorganize its debt. JRCC's bankruptcy petition indicated that it has 10,001 ... [Published Marketwire - Breaking News Releases - Apr 08 2014]

Quotes

"The publication of this Bill marks a further milestone in the restructuring of the State's assets in Shannon. Aviation is hugely important to the mid west, and Shannon Group will aim to further develop aviation-related activities and services in and around the airport as set outout in the Shannon Aviation Business Development Task Force report" Minister Varadkar said
Dimon wrote: "Nearly 40% of all Americans have FICO scores below 660. Many of the new capital rules make it prohibitively more expensive to lend to this segment."
Stuart MacMillan, interim Chief Executive Officer of TelexFREE, said, "We anticipate that our global operations will continue to provide our customers with the high-quality products and services they have come to expect.  We are taking this major step because we continue to believe in our business, our products and the enthusiasm of our world-class team.  We believe that this restructuring plan, which will include significant enhancements to our governance practices and internal controls, will help us to build a stronger and more sustainable financial and operational foundation for the future."
"The ChapterChapter 11 process and ultimate sale of Glacial Energy's assets has been a cooperative process with our senior secured lender" Glacial Energy's Chief Executive Officer Randy Lennan said in a prepared statement

More Content

All (363) | News (298) | Reports (0) | Blogs (50) | Audio/Video (0) | Fact Sheets (4) | Press Releases (10)
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Abenomics has failed: economist [Published The Insto Report - 33 mins ago]
Govt formally sets up Shannon Group [Published FX Centre - 4 hours ago]
Tenth Circuit solves sec. 101(18)(a)’s riddle a... [Published Lexology - 6 hours ago]
Orrick's Financial Industry Week in Review - Ap... [Published JD Supra - 10 hours ago]
Tenth Circuit affirms order allowing Debtor to ... [Published Lexology - 10 hours ago]
First Circuit Orders W Boston Hotel Developer B... [Published Nutter McClennen & Fish - 11 hours ago]
The Fisker Case and Its Impact on Distressed M [Published JD Supra - 14 hours ago]
Phil Falcone & Co. Still Not Sorry About Trying... [Published Dealbreaker - 17 hours ago]
Bankruptcy: The Ultimate Buzz-Kill? Sobering Co... [Published ABF Journal - 19 hours ago]
Client Bankruptcy… Pitfalls to Avoid as a Factor [Published ABF Journal - 19 hours ago]
U.S. Supreme Court: Stage Set for Potential Shi... [Published ABF Journal - Apr 15 2014]
FinalCut: Quiznos Files for Prepackaged Chapter 11 [Published ABF Journal - Apr 15 2014]
A&M Advises TelexFREE in Chapter 11 Restructuring [Published ABF Journal - Apr 15 2014]
A Section 363 sale does not transfer property f... [Published Lexology - Apr 15 2014]
UPDATE: 5 ways banks hurt the poor [Published TD Ameritrade - Apr 15 2014]
Private school administrator not liable for unp... [Published CCH Business & Corporate Compliance - Apr 15 2014]
New Jersey Community Bank Reports Revised Fourt... [Published Digital Journal - Apr 15 2014]
Silicones and quartz producer Momentive Perform... [Published Troy Record - Apr 15 2014]
NEW JERSEY COMM BK : Community Bank : Reports R... [Published 4 Traders - Apr 15 2014]
TelexFREE files for relief under bankruptcy code [Published Wicked Local Boston - Apr 14 2014]
TelexFREE™ Files Voluntary Chapter 11 Petitions... [Published Yahoo! Finance - Apr 14 2014]
TelexFREE™ Files Voluntary Chapter 11 Petitions... [Published Financial Services - Apr 14 2014]
Silicones and Quartz Producer Momentive Perform... [Published 4 Traders - Apr 14 2014]
04/14: Bankruptcies [Published Orlando Sentinel - Apr 13 2014]
Detroit Bankruptcy: U Turn by Michael Comes [Published Zero Hedge - Apr 13 2014]
Detroit Bankruptcy: U Turn by Michael Comes [Published Zero Hedge - Apr 13 2014]
Glacial Energy, St. Thomas-based EDC beneficiar... [Published Virgin Islands Daily News - Apr 13 2014]
8 April 2014 - Private Whistleblower May Assert... [Published Linklaters - Apr 12 2014]
Judge Approves Pact to End Detroit Swap Deal [Published Columbus - Apr 12 2014]
The Fisker Decision – Possible Far Reaching Imp... [Published JD Supra - Apr 11 2014]
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Blogs

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Detroit Bankruptcy: U Turn by Michael Comes [Published Zero Hedge - Apr 13 2014]
Below is a comment written by Michael Comes, a Portfolio Manager & Vice President Research of Cumberland Advisors.  His bio is found at Cumberland’s home page, www.cumber.com . His email is michael.comes@cumber.com . Of note, last week, the NYT ...
Coldwater Creek to Honor Gift Cards [Published WSJ.com: Bankruptcy Beat - Apr 11 2014]
A Coldwater Creek store in downtown Seattle.Associated Press/Elaine Thompson Coldwater Creek Inc., the women’s clothing retailer that’s going out of business, will honor gift cards and other promotional programs. The retailer, which filed for bankruptcy ...
James River Coal Company Files for Bankruptcy P... [Published Marketwire - Breaking News Releases - Apr 08 2014]
RICHMOND, VA--(Marketwired - Apr 8, 2014) -  James River Coal Company ("JRCC") filed for protection under chapter 11 of the Bankruptcy Code as the coal provider struggled to reorganize its debt. JRCC's bankruptcy petition indicated that it has 10,001 ...
DynaVox Intermediate, LLC, Files for Chapter 11 [Published EON Business - Apr 08 2014]
PITTSBURGH--(EON: Enhanced Online News)--DynaVox Intermediate, LLC filed a voluntary petition for relief under Chapter 11 of the US Bankruptcy Code on April 6, 2014 in the US Bankruptcy Court for the District of Delaware. ...
DynaVox Intermediate, LLC, Files for Chapter 11 [Published EON Communications - Apr 08 2014]
PITTSBURGH--(EON: Enhanced Online News)--DynaVox Intermediate, LLC filed a voluntary petition for relief under Chapter 11 of the US Bankruptcy Code on April 6, 2014 in the US Bankruptcy Court for the District of Delaware. ...
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Press Releases

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TelexFREE™ Files Voluntary Chapter 11 Petitions... [Published Financial Services - Apr 14 2014]
James River Coal Company Files For Chapter 11 R... [Published Financial Services - Apr 07 2014]
Xtreme Power Seeks Strategic Sale Through Chapt... [Published Financial Services - Jan 23 2014]
Plextronics Commences Voluntary Chapter 11 Proc... [Published PR Newswire - Jan 17 2014]
Mobclix Ceases All Operations; Files Voluntary ... [Published Financial Services - Nov 04 2013]
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