Chapter 7 Bankruptcy. Legal news and articles for April 28 - 30, 2017

Maple Leaf to sell assets at Underhill locationTermination because of bankruptcyPuerto Rico's Only Interesting Questions Are Who Loses Money And How Much, Not WhetherBankruptcy Clawbacks Create New Headaches for PhysiciansMontana Catholic officials say bankruptcy 'best and only way' to compensate the sexually abusedSenator's view: Let's start working together to cut prescription drug pricesTrump's top candidate for N.Y. prosecutor angered U.S. lawyers in Chicago in George Ryan caseDiocese seeks bankruptcy court approval on Billings school projectsBankruptcies from April 20 to April 26What to Do if a Retailer Goes BankruptAppeal could drag out Trump University settlementFarms exceed Chapter 12 bankruptcy debtJustice Department Says People in Marijuana Business Can't Use BankruptcyS&P not swayed by liens, lockboxes or special revenues for California school bonds'Are we responsible?' County asks port about Mississippi Phosphates

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Bankruptcy watch
Northwest Arkansas Democrat-GazetteApril 4, 2017

FARMINGTON Archie Lee and Ann Nicole Bynum (aka Ann Nicole Johnson, Ann Nicole O'Neal, Ann Nicole Stephens, Ann Nicole Blacksher), 189 Glen St., March 23, 2017, Chapter 7. Eddie Glenn Hopkins Jr. (dba Eddie Glenn Hopkins Jr.), 306 Sundown ...more »

Detroit Free Press reporter uncovers Detroit bankruptcy
The South EndApril 6, 2017

USA Today journalist and lead reporter on Detroit's bankruptcy for the Detroit Free Press, Nathan Bomey, spoke about his book “Detroit Resurrected: To Bankruptcy and Back” April 4 in the Partrich Auditorium in the Wayne State Law School. Bomey, along ...more »

Chapter 7 Bankruptcy. News and Stories

Maple Leaf to sell assets at Underhill location
BurlingtonFreePress.comApril 30, 2017

The trustee in a bankruptcy case surrounding an Underhill addiction treatment center has filed a notice that he wants to sell property that was contained inside the Underhill facility this month. Maple Leaf Treatment Center filed for Chapter 7 ...more »

Termination because of bankruptcy
Kuwait TimesApril 30, 2017

... and therefore I would like to discuss what this means for them, as I have been seeing many clients at the firm lately with issues regarding their companies' bankruptcy. Can expats leave Kuwait if they are not receiving any salaries? As well as ...more »

Puerto Rico's Only Interesting Questions Are Who Loses Money And How Much, Not Whether
ForbesApril 30, 2017

The only interesting questions are therefore who is going to lose money and how much, not whether money is going to be lost. And there is going to be a lot more arguing about this because the island is in that odd situation of not being able to go ...more »

Bankruptcy Clawbacks Create New Headaches for Physicians
Diagnostic ImagingApril 30, 2017

If physicians didn't have enough to worry about with governmental enforcement of Stark law, the Anti-kickback statute and other fraud, waste and abuse laws, many physicians are now finding their doors darkened by a new menace in the form of bankruptcy ...more »

Montana Catholic officials say bankruptcy 'best and only way' to compensate the sexually abused
Billings GazetteApril 30, 2017

“The Diocese did not seek (bankruptcy) to shirk any responsibility regarding sexual misconduct by clergy or any mistakes made by the Diocese's administration. The Diocese is not attempting to deny victims their day in court or hide the truth,” Eultgen ...more »

Senator's view: Let's start working together to cut prescription drug prices
Duluth News TribuneApril 30, 2017

And we'd have to take seriously the concerns raised by a Woodbury, Minn., bankruptcy lawyer who volunteers to help local seniors pay for the medications they need. She said many have racked up thousands of dollars in debt and don't know where to turn ...more »

Trump's top candidate for N.Y. prosecutor angered U.S. lawyers in Chicago in George Ryan case
Chicago TribuneApril 30, 2017

Less than two weeks after McNally's testimony, prosecutors learned that lawyers at Winston & Strawn the same firm representing Ryan were also involved in trying to collect a debt from McNally related to Altheimer & Gray's 2003 bankruptcy. Neither ...more »

Diocese seeks bankruptcy court approval on Billings school projects
Billings GazetteApril 30, 2017

On Tuesday, the court approved the diocese's request to shorten the notice time for the sale's approval because Head Start risks losing a $919,000 federal grant if it is not used in a timely basis. Head Start plans to use the grant to help buy the ...more »

Bankruptcies from April 20 to April 26
LubbockOnline.comApril 29, 2017

U.S. Bankruptcy Court. Judge Robert Jones. Chapter 7. Linda Garcia, filed April 21. Ramona Zambrano Bengoa, filed April 24. Reyes T. Salazar, filed April 25. Chapter 13. Joe A. Lucero, Jr., filed April 24 ...more »

What to Do if a Retailer Goes Bankrupt
whnt.comApril 29, 2017

When a retailer files for bankruptcy, it will commonly file Chapter 11, which means the company intends to reorganize and continue to do business, or Chapter 7, which means the company will close up for good and liquidate any assets in order to pay ...more »

Appeal could drag out Trump University settlement
PoliticoApril 28, 2017

Sherri Simpson, a Florida bankruptcy lawyer who claims she paid $19,000 in 2010 to learn Trump's real estate investing secrets, will appeal a judge's ruling last month denying her the chance to opt out of the settlement and pursue her own lawsuit ...more »

Farms exceed Chapter 12 bankruptcy debt
Iowa Farmer TodayApril 28, 2017

Joseph Peiffer, who has practiced bankruptcy law in Cedar Rapids, Iowa, since 1985, said well more than half of the farmers coming into his office during the past two years did not qualify for a Chapter 12 bankruptcy because they had aggregate debts in ...more »

Justice Department Says People in Marijuana Business Can't Use Bankruptcy
Fox BusinessApril 28, 2017

The letter from Mr. White drew criticism from the country's largest group of consumer bankruptcy lawyers. North Carolina lawyer Ed Boltz, who monitors federal policy for the National Association of Consumer Bankruptcy Attorneys, said the Justice ...more »

S&P not swayed by liens, lockboxes or special revenues for California school bonds
Bond BuyerApril 28, 2017

“We have received a lot of questions from investors asking if all California school districts are the same and should they just look at revenues,” said Jenny Poree, an S&P Global analyst. And to that, S&P says, “no.” “While certain features of the ...more »

'Are we responsible?' County asks port about Mississippi Phosphates
The Sun HeraldApril 28, 2017

Jackson County Supervisor Randy Bosarge said he doesn't want to see any Jackson County taxpayers money going to clean up or deal with the Mississippi Phosphates industrial site. He and county leaders want to know if the county can be held responsible ...more »

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