Chapter 7 Bankruptcy. Legal news and articles for February 19 - 19, 2013

Journal Register seeking judicial approval of saleMF Global payout plan approved for creditor voteMid America Brick files Chapter 11 reorganization in bankruptcy courtCraig Watkins Thumbs Nose at a Court Order, Unveils New...Beechcraft emerges from bankruptcyReader's Digest Publisher Gets Bankruptcy-Loan ApprovalWill Bankruptcy Affect Inheritance Money?Suspect arrested in Forestville triple homicidePowell Steel files for bankruptcyGrief still smolders 10 years after RI club fireIRS releases liens against Vratsinas companiesReturn of Anambra's Killing Fields : A Criminological Evaluation Of The Ezu ...Bankrupt electric co-op files reorganization planFormer Northbrook police officer charged with misconduct had been disciplined ...Navigating debt relief and bankruptcy

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A 3-Term Mayor as Brash, Shrewd and Colorful as the City He Led
New York TimesFebruary 2, 2013

Confronted with the deficits and the constraints of the city's brush with bankruptcy in 1975, he held down spending, subdued the municipal unions, restored the city's creditworthiness, revived a moribund capital budget, began work on long-neglected ...more »

Creditor trustee in Alabama bankruptcy says no February 1 payment
Chicago TribuneFebruary 1, 2013

Gerald Mace, an attorney for creditors trustee, Bank of New York Mellon, told a bankruptcy court hearing that the distribution could not be made because of a "lack of funds". The size of the payments drawn from sewer system revenues varies and the ...more »

Chapter 7 Bankruptcy. News and Stories

Journal Register seeking judicial approval of sale
Helena Independent RecordFebruary 19, 2013

Journal Register filed for bankruptcy protection in September for the second time in three years and hopes to reduce pensions and other costs through a quick sale of its assets. The company has 18 newspapers and other media properties in 10 states ...more »

MF Global payout plan approved for creditor vote
ReutersFebruary 19, 2013

At a hearing in U.S. Bankruptcy Court in Manhattan, Judge Martin Glenn green-lighted the outline, which was amended to address minor concerns Glenn had raised in refusing to approve an earlier version of the outline last week. MF Global, which had been ...more »

Mid America Brick files Chapter 11 reorganization in bankruptcy court
Mexico LedgerFebruary 19, 2013

Mid America Brick & Structural Products, L.L.C. (MAB) filed a voluntary petition for Chapter 11 business reorganization Friday with the U.S. Bankruptcy Court for the Eastern District of Missouri. According to a press release from the company, as part ...more »

Craig Watkins Thumbs Nose at a Court Order, Unveils New...
Dallas Observer (blog)February 19, 2013

Last week Watkins was ordered to appear in the court of state District Judge Lena Levario to answer an accusation that he brought criminal charges against a defendant only because a rich, powerful benefactor of the Democratic Party in Dallas County ...more »

Beechcraft emerges from bankruptcy
USA TODAYFebruary 19, 2013

WICHITA, Kansas (AP) — Aircraft maker Beechcraft, formerly Hawker Beechcraft, emerged Tuesday from bankruptcy protection freed from much of its debt and its unprofitable business jet operations. It's now focused on its turboprop and piston aircraft ...more »

Reader's Digest Publisher Gets Bankruptcy-Loan Approval
BloombergFebruary 19, 2013

The company also filed for bankruptcy in August 2009, citing a drop in advertising spending and the debt load incurred in its acquisition. The case is In re RDA Holding Co. Inc., 13-22233, U.S. Bankruptcy Court, Southern District of New York (White ...more »

Will Bankruptcy Affect Inheritance Money?
Fox BusinessFebruary 19, 2013

I'm in the process of filing bankruptcy. However, my husband receives Social Security and workers' compensation. My mother recently passed away, and we will be getting an inheritance of about $10,000. Will the court take the inheritance when we file ...more »

Suspect arrested in Forestville triple homicide
Santa Rosa Press DemocratFebruary 19, 2013

Sonoma County crime scene investigators traveled to Mobile to examine the Bronco, and another group of detectives traveled to Colorado to search for additional evidence and conduct interviews. Some people who know Cappello in Central City, a mountain ...more »

Powell Steel files for bankruptcy
Lancaster NewspapersFebruary 19, 2013

More than $6 million in debt, Powell Steel has filed for bankruptcy reorganization, court records show. The Pequea Township business filed last Wednesday under Chapter 11 of the bankruptcy code. That means the company continues to operate as it devises ...more »

Grief still smolders 10 years after RI club fire
Houston ChronicleFebruary 19, 2013

WEST WARWICK, R.I. (AP) — Along a busy commercial road here sits a 10-year-old scar that hasn't healed. Next to a crumbling parking lot, rusty ... or millions of dollars in medical bills. Some survivors declared bankruptcy as they awaited settlement ...more »

IRS releases liens against Vratsinas companies
Business RecordFebruary 19, 2013

According to records on the Iowa secretary of state's website, the majority of the tax liens, filed after the companies failed to pay payroll taxes they had collected from other businesses, were released in late January. Vratsinas' tax woes came to ...more »

Return of Anambra's Killing Fields : A Criminological Evaluation Of The Ezu ...
Nigeria Master Web (blog)February 19, 2013

... Mbadinuju in Anambra State not only backed the OTA-killer leadership and its killing spree, but also adopted extra legal execution methodology as its official policy of crime fighting-so called, owing to its political intolerance and legitimacy ...more »

Bankrupt electric co-op files reorganization plan
BusinessweekFebruary 19, 2013

The parties in the bankruptcy case will be able to ask questions about the reorganization plan at a March 26 hearing in Billings. Digesting the trustee's plan will take a while, said David Dover, the Fergus Electric co-op's representative on the ...more »

Former Northbrook police officer charged with misconduct had been disciplined ...
Chicago TribuneFebruary 19, 2013

There is no defense attorney associated with his criminal case yet, said Blanca Jara, spokeswoman for the Cook County clerk of the circuit court. Court records also show that Guzman filed for bankruptcy more than two years ago. Conditions of bond ...more »

Navigating debt relief and bankruptcy
WOOD-TVFebruary 19, 2013

(WOOD) - Bankruptcy is a federal court procedure that helps individuals and businesses repay their debts under the protection of the bankruptcy court (Chapter 13 Bankruptcy) or wipe them out altogether (Chapter 7 Bankruptcy). When you file for ...more »

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