The high profile bankruptcy case of acquitted mother, Casey Anthony, has been hitting headlines for weeks. After much deliberation about the possibility of a “media circus”, the court has ruled that her bankruptcy hearing will stay in Tampa. Wrong Victim Casey Anthony has been in the forefront of accusation and identified as the face of  … Read more

This week in bankruptcy news: the ‘Girls Gone Wild’ management company files for bankruptcy to avoid paying a debt owed to the Wynn Casino in Las Vegas, for a  judgement of slander and making defamatory statements. The bakery giant Bimbo is challenging a rival bid in the Hostess bankruptcy auction, claiming the attempt is nothing  … Read more

Recent headlines show that Dallas is ranked 11th among the nation’s largest cities for 2012 foreclosures. According to the researchers at CoreLogic Inc., home foreclosure rates in Dallas and Texas in general continue to fall and are approximately one-third of the nationwide rate. Of the almost 767,446 foreclosures in 2012, only 56,763 came from Texas  … Read more

The much anticipated Revel casino located in Atlantic City was thought to bring a rejuvenated sense to the boardwalk. However, several road blocks interfered with construction, challenging the future of profits from the very beginning. Off To A Rough Start Opened in April 2012, Revel was the first new-build casino since 2003. Designed as a  … Read more

This week in bankruptcy news: The once luxury business jet manufacturer, Hawker Beechcraft, emerges from their Chapter 11 filings as a streamlined company with focused efforts for future profit, a potential crucial contract in the Kodak restructuring case gets thrown out by the presiding judge, and Detroit is working hard to stave off the need  … Read more

If you follow Fort Worth and Dallas bankruptcy cases, then you’ve probably been keeping up with the Sheraton Hotel and Spa in downtown Fort Worth. The property’s owners, after filing for Chapter 11 bankruptcy, were forced to put the Sheraton Hotel and Spa up for sale. Unfortunately, Dallas-based Prism Hotels & Resorts recently had to  … Read more

It has been a long time coming to see the possible end to the American Airlines bankruptcy case. After a grueling fourteen months of restructuring, layoffs, and service cuts, the notable Chapter 11 case could finally be headed towards closure. Coming Together For months, American executives have been fighting an impending merger with US Airways.  … Read more

This week in bankruptcy news: the American Airlines bankruptcy case makes significant progress as the company agrees to an $11 billion deal to merge with US Airways. Pending bankruptcy court approval, this merger would mark the largest in the history of the airline industry. Also, the award-winning visual-effects company, Rhythm & Hues filed for Chapter  … Read more

The Bakers Footwear Group is looking to convert its already-filed bankruptcy to Chapter 7 status. This bankruptcy conversion will allow Bakers to stay in business while it proceeds with liquidating its assets. Initially, CEO Peter Edison was hoping to transform the company, which was started by his grandfather, into a smaller change after the bankruptcy  … Read more

This week in bankruptcy news: One of Florida’s largest medicare insurer’s files for Chapter 11 in attempt to regain control and resume vital services to local citizens. The controversy surrounding the acquitted Casey Anthony continues as her bankruptcy filings makes more waves in court. Read the full stories below: Universal Health Care files Chapter 11  … Read more