Chapter 7 Bankruptcy. Legal news and articles for January 19 - 19, 2012

Kodak files for Chapter 11 bankruptcyKodak files Chapter 11 bankruptcyKodak's Bankruptcy; Facebook Expands ServiceIN RE STEWARTInsolvency reform - don't cut out the courtsAnswering Questions About Kodak's Bankruptcy: Chapter 11, Not Chapter 7Kodak files Chapter 11 bankruptcyKodak files Chapter 11 bankruptcyHarrisburg receiver Unkovic addresses questions about city's debtBankruptcy Firm Announces the Launch of Their New WebsiteMeyer Law P.C. - Year in ReviewPlum District Refunds Customers After Merchant Digital Doorstep Files Chapter...Guest commentary: Detroit needs new tools for future financesKodak, Photography Pioneer, Files for Bankruptcy ProtectionKodak Files for Bankruptcy Protection

Top Picks in News

Catholic priest's defense to target gambling
Las Vegas Review-JournalJanuary 2, 2012

In October, those fears were realized when McAuliffe and federal prosecutors agreed to a deal. McAuliffe pleaded guilty to the mail fraud charges for sending falsified financial documents across state lines to the San Francisco Archdiocese. ...more »

IN RE LIVELY
Leagle.comJanuary 2, 2012

This Memorandum Opinion concerns whether the Bankruptcy Abuse and Consumer Protection Act of 2005 ("BAPCPA") abrogated the absolute priority rule for individual Chapter 11 cases. The Court holds that it did not. There are no material factual disputes. ...more »

Chapter 7 Bankruptcy. News and Stories

Kodak files for Chapter 11 bankruptcy
USA TODAYJanuary 19, 2012

The filing was made in the Southern District of New York, a common location for major bankruptcy cases because the New York City metropolitan area has the infrastructure of banks, law firms and other institutions needed to handle complex legal matters. ...more »

Kodak files Chapter 11 bankruptcy
Rochester Democrat and ChronicleJanuary 19, 2012

Video story by Annette Lein Eastman Kodak Co., running short of cash and having no real alternatives, has filed for protection from its creditors under Chapter 11 of the US Bankruptcy Code. / ANNETTE LEIN staff photographer Eastman Kodak Co., ...more »

Kodak's Bankruptcy; Facebook Expands Service
Washington PostJanuary 19, 2012

Fact Checkers contribute questions, information and facts to The Fact Checker. Washingtologists consistently post thought-provoking, timely comments on events, communities, and trends in the Washington area. This commenter is a Washington Post editor, ...more »

IN RE STEWART
Leagle.comJanuary 19, 2012

While there is some difference of opinion on the subject, the undersigned bankruptcy judge believes a debtor who dies during the pendency of his Chapter 7 bankruptcy is not categorically barred from receiving a discharge. The text of Federal Rule of ...more »

Insolvency reform - don't cut out the courts
Accountancy AgeJanuary 19, 2012

The consultation paper asks 39 questions but avoids asking the one that really needs an answer, namely whether a bankruptcy order made against an individual or a winding up order made against a company on the application of a creditor should be made in ...more »

Answering Questions About Kodak's Bankruptcy: Chapter 11, Not Chapter 7
13WHAM-TVJanuary 19, 2012

Think of Chapter 11 as the first step in bankruptcy, and a move to avoid Chapter 7. Kodak is entering Chapter 11, which entails an effort to restructure the company and come out of it a leaner, profitable enterprise. Chapter 7 entails dissolution, ...more »

Kodak files Chapter 11 bankruptcy
Rochester Democrat and ChronicleJanuary 19, 2012

Eastman Kodak Co., running short of cash and having no real alternatives, has filed for protection from its creditors under Chapter 11 of the US Bankruptcy Code. / ANNETTE LEIN staff photographer Eastman Kodak Co., running short of cash and unable to ...more »

Kodak files Chapter 11 bankruptcy
Rochester Democrat and ChronicleJanuary 19, 2012

Eastman Kodak Co., running short of cash and having no real alternatives, has filed for protection from its creditors under Chapter 11 of the US Bankruptcy Code. / ANNETTE LEIN staff photographer Eastman Kodak Co., running short of cash and unable to ...more »

Harrisburg receiver Unkovic addresses questions about city's debt
Patriot-NewsJanuary 19, 2012

The state appointed Unkovic as receiver after city officials failed to agree on a fiscal recovery plan and City Council filed for bankruptcy last year. He also revealed that the process of assessing the city's assets, including the values of the ...more »

Bankruptcy Firm Announces the Launch of Their New Website
PR Web (press release)January 19, 2012

The new website makes it easier to find bankruptcy and tax relief services locally, quickly, and directly. It is a consumer-focused mission that aligns with the philosophy of the law firm. Both Ben Crumley and Matt Wolfe express repeatedly how they ...more »

Meyer Law P.C. - Year in Review
PR.com (press release)January 19, 2012

Meyer Law PC is a full service bankruptcy law firm with 6 offices in Arizona. Looking back over 2011, Meyer Law PC experienced an increase in overall clients without a decrease in client satisfaction. Meyer Law PC continues to be a great resource for ...more »

Plum District Refunds Customers After Merchant Digital Doorstep Files Chapter...
Sacramento BeeJanuary 19, 2012

In light of Digital Doorstep's announcement of their Chapter 7 bankruptcy filing this morning, the company chose to refund all remaining unfulfilled purchases to ensure that all customers will be made whole. Plum District strives to "Make Mom's Day" ...more »

Guest commentary: Detroit needs new tools for future finances
Detroit Free PressJanuary 19, 2012

Detroit will still have a gaping revenue hole and will quickly be in a deficit once again after the administration, an emergency manager or bankruptcy judge balances the city's books. The more important question that needs to be answered is how Detroit ...more »

Kodak, Photography Pioneer, Files for Bankruptcy Protection
BusinessWeekJanuary 19, 2012

Now their history has become a liability.” The company's credit deteriorated as revenue tumbled from traditional film, and the inventor of the Instamatic cameras was slow during the past decade to compete with Canon Inc. and Hewlett-Packard Co. in ...more »

Kodak Files for Bankruptcy Protection
Wall Street JournalJanuary 19, 2012

Law firm Sullivan & Cromwell and investment bank Lazard Ltd., along with FTI, are advising Kodak. In its bankruptcy petition, Kodak listed $5.1 billion in assets and $6.75 billion in debts. It also listed creditors including retailers Wal-Mart Stores ...more »

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