Recent Posts in Chapter 11 Bankruptcy Category
Posted on Sep 22, 2010 By Stone Law Firm
This week, Reuters reported that shares in Netflix reached an all-time high. Many speculate that the rise in shares was attributed to the fact that the company's major competitor, Blockbuster, filed ...
Continue reading "Blockbuster Moves Forward with Filing for Bankruptcy and Netflix Shares Rise" »
Posted on Sep 16, 2010 By Stone Law Firm
This week, it was announced that Blockbuster's CFO for the past three years, Thomas Casey, has resigned his position. According to Businessweek, the resignation was agreed upon by the company and ...
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Posted on Sep 9, 2010 By Stone Law Firm
Last year, Federal Deposit Insurance Corp. was seized by banking regulators. Now, a federal judge has rejected the company's claim that it is owed more than $900 million from its former parent, ...
Continue reading "Judge Rejects Claim by Federal Deposit Insurance Corp" »
Posted on Aug 26, 2010 By Stone Law Firm
This Wednesday, it is reported that Visteon Corp. asked a federal bankruptcy court for approval of a $700 million bankruptcy exit financing plan. If the plan is approved by the US bankruptcy court in ...
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Posted on Aug 11, 2010 By Stone Law Firm
One week after filing for Chapter 11 bankruptcy, Mexicana Airlines said that it would cut some of its flights, primarily international flights from Mexico City. The airline is trying to cut costs as ...
Continue reading "Mexicana Airlines Files for Chapter 11" »
Posted on Jun 17, 2010 By Stone Law Firm
Many people wonder what happens during credit counseling and have questions about the credit counseling process. In this post, we aim to provide people with the information they need to understand ...
Continue reading "Credit Counseling Explained" »
Posted on Jun 16, 2010 By Stone Law Firm
In the United States, people who are planning to file for consumer bankruptcy need to complete credit counseling. This holds true whether they are filing for chapter 7 or chapter 13 bankruptcy . In ...
Continue reading "Credit Counseling Pre-requisite to Bankruptcy" »
Posted on May 19, 2010 By Stone Law Firm
In Salt Lake City, Utah, it has been announced that a mining company has shut down and will be filing for bankruptcy protection. The company, Copper King Mining Corp., operates in Utah's west desert ...
Continue reading "Salt Lake City Mining Company Files for Bankruptcy" »