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Exide Files for Chapter 11 Bankruptcy

Exide Files for Chapter 11 Bankruptcy

June 17, 2013 - Posted in

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

Bankruptcy Review For June 14, 2013

June 14, 2013 - Posted in

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

Billion to Bankrupt! Minor Files for Bankruptcy

June 10, 2013 - Posted in

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

Bankruptcy Review For June 7, 2013

June 7, 2013 - Posted in

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?

Will Bankruptcy End the Electric Car?

June 3, 2013 - Posted in

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

Bankruptcy Review For May 31, 2013

May 31, 2013 - Posted in

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

Detroit’s Bankruptcy Filing Marks National Trend

May 27, 2013 - Posted in

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

Bankruptcy Review For May 24, 2013

May 24, 2013 - Posted in

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

Breaking: City of Detroit Nears Bankruptcy

May 20, 2013 - Posted in

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

Bankruptcy Review For May 17, 2013

May 17, 2013 - Posted in

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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