Exide Files for Chapter 11 Bankruptcy
June 17, 2013 - Posted in News
Exide Technologies Inc., one of the premier manufacturers of car and truck batteries, has filed for bankruptcy protection through Chapter 11. Filing bankruptcy for the second time in a single...
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Bankruptcy Review For June 14, 2013
June 14, 2013 - Posted in News
This week in bankruptcy news: Patriot Coal workers are planning a labor strike as retaliation for the consideration of cutting union contracts in the company's restructuring efforts. A 10-year long...
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Billion to Bankrupt! Minor Files for Bankruptcy
June 10, 2013 - Posted in News
The tech world responds in shock today at the news that dotcom pioneer, Halsey Minor, has filed for bankruptcy. Once worth nearly $1 billion, Minor has filed for a Chapter...
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Bankruptcy Review For June 7, 2013
June 7, 2013 - Posted in News
This week in bankruptcy news: Jefferson County, Alabama wraps up their historical Chapter 9 filing after striking a deal with creditors. GM made a rare return to the S&P500 this...
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Will Bankruptcy End the Electric Car?
June 3, 2013 - Posted in News
Better Place, a world leader in developing and manufacturing battery-powered cars, is filing for bankruptcy in Israel. The announcement of the business’s bankruptcy comes just 7 months after the ouster...
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Bankruptcy Review For May 31, 2013
May 31, 2013 - Posted in News
This week in bankruptcy news: another labor union takes the hit when Patriot Coal moves to avoid the need for bankruptcy by cutting millions from union obligations. Meanwhile Detroit officials...
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Detroit’s Bankruptcy Filing Marks National Trend
May 27, 2013 - Posted in News
It’s crunch time for the city of Detroit. After a scathing report from former bankruptcy lawyer Kevyn Orr stating that the city would likely have to file for bankruptcy, Detroit...
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Bankruptcy Review For May 24, 2013
May 24, 2013 - Posted in News
This week in bankruptcy news: The city of Detroit has six weeks to make big moves in the debt restructuring process if they are to avoid a Chapter 9 filing....
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Breaking: City of Detroit Nears Bankruptcy
May 20, 2013 - Posted in News
It’s official: the city of Detroit is broke. A recent report by the appointed emergency manager for the city details the financial struggles of the city. The report by bankruptcy...
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Bankruptcy Review For May 17, 2013
May 17, 2013 - Posted in News
This week in bankruptcy news: A recent study suggests that cancer patients are twice as likely to seek bankruptcy protection due to insolvency from overwhelming medical debt than those without...
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