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Recent Posts in Chapter 11 Bankruptcy Category

New York Busing Company Faces Financial Troubles

The Atlantic Express Transportation Corp. is a busing company that is located in Staten Island. The company recently filed for Chapter 11 bankruptcy and informed their employees that the company would ...
Continue reading "New York Busing Company Faces Financial Troubles" »

American Airlines Receives Green Light to Vote on Bankruptcy Plan

American Airlines has been in the news recently for its plan to merge with US Airways and for its bankruptcy filing which originally took place 18 months ago. To be granted the ability to move the ...
Continue reading "American Airlines Receives Green Light to Vote on Bankruptcy Plan" »

When Business Owners Fall Into Debt

As a business owner there are a lot of risks that you take. When hard times come you are often the one that takes the majority of the fall or are put in the position of fixing any problems. Owning a ...
Continue reading "When Business Owners Fall Into Debt" »

Los Angeles Dodgers File for Bankruptcy

The Los Angeles Dodgers filed for bankruptcy in a Delaware court on June 27 th, making it the third baseball team to file for bankruptcy in the past three years. Upon filing, the team was cleared to ...
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Vegas Restaurateur Andre Rochat Files for Bankruptcy

Andre Rochat, chef and longtime Las Vegas restaurateur, filed for Chapter 11 bankruptcy on July 8 th, along with three of his businesses. Chapter 11 bankruptcy is a form of bankruptcy that involves a ...
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U.S. Bankruptcy Filings Rise 20% in 2010

Everyone is aware that the United States has been in a recession. Unemployment has been high and spending has been low. New figures, however, make the recession even more scary. From June 2009 to June ...
Continue reading "U.S. Bankruptcy Filings Rise 20% in 2010" »

MGM Studios Files for Chapter 11 Bankruptcy

Metro-Goldwyn-Mayer, Inc., also known as MGM Studios, has filed for Chapter 11 bankruptcy in a federal court in Manhattan. The entertainment studio, which is famous for such movie classics as James ...
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Bankruptcies on the Rise Again

According to the Wall Street Journal, consumer bankruptcy filings in March were at their highest monthly numbers since 2005. You can read the story on WSJ.com here. Take our Bankruptcy Evaluation to ...
Continue reading "Bankruptcies on the Rise Again" »
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