Archive for June, 2009

Plans Bankruptcy – Kotaku – Court Confirms Ziff Davis’ Bankruptcy Plan – 1Up

Tuesday, June 30th, 2009

Kotaku – Court Confirms Ziff Davis’ Bankruptcy Plan – 1Up
A U.S. Bankruptcy Court has OKed 1Up and EGM owner Ziff Davis’ bankruptcy reorganization plans, the company said today, adding that it expects to emerge from Chapter 11 on July 1.

Example Chapter 13 bankruptcy plan for individuals
UNITED STATES BANKRUPTCY COURT NORTHERN DISTRICT OF CALIFORNIA In re: Don & Donna Debtor Case No. 00-5001

bankruptcy – Ask the Business Plan Experts – Bplans.com
Question I started a remodeling business, hired two salesmen and within four months time they swindled my company out of thousands of dollars and left us with contracts for jobs

Bankruptcy Plan
Review. Bankruptcy plan – I can’t say enough wonderful things about this book! 6 months ago I was contemplating bankruptcy. I searched for a book to help me and decided to buy

New bankruptcy law affects retirement plans
New bankruptcy law affects retirement plans: By Gary J. Gunnett, Esq.. Published June 2005. React to this article in the Discussion Forum.

Master-plan developers file for bankruptcy
Groundbreaking VIP’s, from left, Astoria Homes president Tom McCormick, Olympia Group chairman Garry Goett and North Las Vegas Mayor Michael Montandon smile during a groundbreaking

Illinois hog cooperative 
plans to enter 
bankruptcy
CHAMPAIGN. (AP) – A hog-farming cooperative that opened in 2002 with great expectations plans to file for Chapter 7 bankruptcy protection within the next week unless it gets a

U.S. Said to Seek a Chrysler Plan for Bankruptcy
DETROIT — The Treasury Department is directing Chrysler to prepare a Chapter 11 bankruptcy filing as soon as next week, people with direct knowledge of the talks said Thursday

Delphi finds buyer, plans to exit bankruptcy
To free itself of Chapter 11 Bankruptcy, Delphi will be sold to Platinum Equity, a private equity firm. The U.S. Bankruptcy Court has to approve the $3.6 billion deal. A hearing is

Kotaku – Court Confirms Ziff Davis’ Bankruptcy Plan – 1Up
A U.S. Bankruptcy Court has OKed 1Up and EGM owner Ziff Davis’ bankruptcy reorganization plans, the company said today, adding that it expects to emerge from Chapter 11 on July 1.

Example Chapter 13 bankruptcy plan for individuals
UNITED STATES BANKRUPTCY COURT NORTHERN DISTRICT OF CALIFORNIA In re: Don & Donna Debtor Case No. 00-5001

bankruptcy – Ask the Business Plan Experts – Bplans.com
Question I started a remodeling business, hired two salesmen and within four months time they swindled my company out of thousands of dollars and left us with contracts for jobs

Bankruptcy Plan
Review. Bankruptcy plan – I can’t say enough wonderful things about this book! 6 months ago I was contemplating bankruptcy. I searched for a book to help me and decided to buy

New bankruptcy law affects retirement plans
New bankruptcy law affects retirement plans: By Gary J. Gunnett, Esq.. Published June 2005. React to this article in the Discussion Forum.

Master-plan developers file for bankruptcy
Groundbreaking VIP’s, from left, Astoria Homes president Tom McCormick, Olympia Group chairman Garry Goett and North Las Vegas Mayor Michael Montandon smile during a groundbreaking

Illinois hog cooperative 
plans to enter 
bankruptcy
CHAMPAIGN. (AP) – A hog-farming cooperative that opened in 2002 with great expectations plans to file for Chapter 7 bankruptcy protection within the next week unless it gets a

U.S. Said to Seek a Chrysler Plan for Bankruptcy
DETROIT — The Treasury Department is directing Chrysler to prepare a Chapter 11 bankruptcy filing as soon as next week, people with direct knowledge of the talks said Thursday

Delphi finds buyer, plans to exit bankruptcy
To free itself of Chapter 11 Bankruptcy, Delphi will be sold to Platinum Equity, a private equity firm. The U.S. Bankruptcy Court has to approve the $3.6 billion deal. A hearing is

Plans Bankruptcy – Vick Gets New Job as Attorneys Outline Bankruptcy Plan – WHSV

Tuesday, June 30th, 2009

Vick Gets New Job as Attorneys Outline Bankruptcy Plan – WHSV
Suspended NFL Star Michael Vick is leaving a job with a Virginia construction company to work with youngsters at Boys & Girls Clubs. Steven Kast, CEO of the Boys & Girls Clubs of the Virginia Peninsula, says Vick will be working with children on

Vick Gets New Job as Attorneys Outline Bankruptcy Plan – WHSV
Suspended NFL Star Michael Vick is leaving a job with a Virginia construction company to work with youngsters at Boys & Girls Clubs. Steven Kast, CEO of the Boys & Girls Clubs of the Virginia Peninsula, says Vick will be working with children on

Plans Bankruptcy – Court approves Spectrum's reorganization plan – Reuters

Tuesday, June 30th, 2009

Court approves Spectrum's reorganization plan – Reuters

Court approves Spectrum's reorganization plan
Reuters
PK) said on Thursday that its reorganization plan received court approval and it plans to exit bankruptcy protection in August.

and more »

Court approves Spectrum's reorganization plan – Reuters

Court approves Spectrum's reorganization plan
Reuters
PK) said on Thursday that its reorganization plan received court approval and it plans to exit bankruptcy protection in August.

and more »

Plans Bankruptcy – incentive plan : Business Bankruptcy Blog

Tuesday, June 30th, 2009

incentive plan : Business Bankruptcy Blog
One of the significant changes made by the Bankruptcy Code amendments that took effect in October 2005 was the imposition of severe restrictions on “key employee retention plans

Chapter 13 Bankruptcy why debtors choose to repay debts
Chapter 13 can prevent home foreclosure, discharge unfiled taxes, and eliminate credit card debts with a court sponsored repayment plan pegged to your available income

hasp
The Administration also plans to pursue reform of the bankruptcy laws, allowing judges to restructure exiting mortgage debt as part of bankruptcy — often referred to as

incentive plan : Business Bankruptcy Blog
One of the significant changes made by the Bankruptcy Code amendments that took effect in October 2005 was the imposition of severe restrictions on “key employee retention plans

Chapter 13 Bankruptcy why debtors choose to repay debts
Chapter 13 can prevent home foreclosure, discharge unfiled taxes, and eliminate credit card debts with a court sponsored repayment plan pegged to your available income

hasp
The Administration also plans to pursue reform of the bankruptcy laws, allowing judges to restructure exiting mortgage debt as part of bankruptcy — often referred to as

Plans Bankruptcy – Judge denies Michael Vick’s bankruptcy plan – CNN.com

Tuesday, June 30th, 2009

Judge denies Michael Vick’s bankruptcy plan – CNN.com
A federal bankruptcy judge has denied the Chapter 11 bankruptcy plan presented by suspended NFL quarterback Michael Vick.

Report: U.S. directs GM to plan for bankruptcy by June 1
CNBC’s Jim Cramer changes tune on future of Huntington’s shares Treasury allocates $25 billion in economic development bonds AG objects to GM bankruptcy Doyle critical of GM

Chapter 12 – Bankruptcy Basics
Family Farmer or Family Fisherman Bankruptcy. The chapter at a “confirmation hearing” whether the plan is feasible and meets the standards for confirmation under the Bankruptcy Code

White House Announces Chrysler Bankruptcy Plan
Chrysler, the third-largest American auto company, will seek bankruptcy protection and enter an alliance with the Italian automaker Fiat,the White House announced Thursday. The

Vick’s bankruptcy plan doesn’t add up for judge
Brett Favre talks about how surgery might affect his throwing motion and his latest thoughts on possibly joining the Vikings as he works out with the Oak Grove High School team in

Best Case® Bankruptcy Chapter 13 Plan Tour
Chapter 13 Plan Calculator in Best Case® Bankruptcy Software MyCaseInfo® Eliminate data entry by importing client entered data directly into Best Case.

Judge denies Michael Vick’s bankruptcy plan – CNN.com
A federal bankruptcy judge has denied the Chapter 11 bankruptcy plan presented by suspended NFL quarterback Michael Vick.

Report: U.S. directs GM to plan for bankruptcy by June 1
CNBC’s Jim Cramer changes tune on future of Huntington’s shares Treasury allocates $25 billion in economic development bonds AG objects to GM bankruptcy Doyle critical of GM

Chapter 12 – Bankruptcy Basics
Family Farmer or Family Fisherman Bankruptcy. The chapter at a “confirmation hearing” whether the plan is feasible and meets the standards for confirmation under the Bankruptcy Code

White House Announces Chrysler Bankruptcy Plan
Chrysler, the third-largest American auto company, will seek bankruptcy protection and enter an alliance with the Italian automaker Fiat,the White House announced Thursday. The

Vick’s bankruptcy plan doesn’t add up for judge
Brett Favre talks about how surgery might affect his throwing motion and his latest thoughts on possibly joining the Vikings as he works out with the Oak Grove High School team in

Best Case® Bankruptcy Chapter 13 Plan Tour
Chapter 13 Plan Calculator in Best Case® Bankruptcy Software MyCaseInfo® Eliminate data entry by importing client entered data directly into Best Case.

Plans Bankruptcy – GM and Chrysler’s bankruptcy cases at a glance – Kansas City Star

Tuesday, June 30th, 2009

GM and Chrysler’s bankruptcy cases at a glance – Kansas City Star
WHERE DOES IT STAND?: Monday marked Detroit-based GM’s 29th day under court protection. GM said Monday it’s ending its joint venture with Toyota Motor Corp. at a Fremont, Calif., manufacturing plant as it continues to shrink its operations under

Judge approves bankruptcy for Lake Las Vegas golf course – Las Vegas Sun
Lake Las Vegas will close its second and last public golf course, Reflection Bay, tomorrow after a federal bankruptcy judge granted permission this morning to do so. The move will leave the troubled resort with just one golf course, the private

Ford boosts output as decline eases – The Age
Ford Motor, the only major US automaker that hasn’t filed for bankruptcy, said it’s boosting production as its June sales of cars and trucks will have the ”lowest” decline among the industry’s biggest manufacturers. The second-largest US automaker

Bankruptcy may be next for Detroit schools, Bobb says – Detroit Free Press
Calling the Detroit Public Schools budget the worst he’s ever seen, the state-appointed emergency financial manager said today that he was unable to cut most of the deficit and is considering filing bankruptcy. DPS will enter the next school year

Obama’s Housing Plan Struggling In First Few Months – Huffingtonpost.com
Earlier this month, we reported that President Obama’s “Making Home Affordable” program, a government subsidized mortgage modification plan, was mired in red tape, delays and questionable benefits for homeowners . But that’s not the only area of

Clear Plans to Sell Traveler Data – Wired
Clear, the cut-to-the-front-of-the-airport-security-line company that closed without warning last Monday, is trying to sell its members’ sensitive data to another registered traveler program, the company told its stranded members Friday in an email

This reveals both moral and economic bankruptcy – Daily Mail
Thirty years ago, the Labour Prime Minister Jim Callaghan found himself in almost exactly the same predicament Gordon Brown does today. In 1979, the British public finances were in disarray. However, a general election against Margaret Thatcher’s

Toyota-GM U.S. Plant’s Fate Clouded as GM Plans to Dump Stake – Bloomberg
June 30 (Bloomberg) — A 25-year auto-assembly venture between Toyota Motor Corp. and General Motors Corp. is ending after bankrupt GM said it will shed its stake in the Fremont, California, plant, leaving its fate unknown. The world’s two largest

Detroit Public Schools’ financial boss considers bankruptcy – Detroit News
Detroit — Detroit Public Schools is considering bankruptcy in addition to cutting 2,451 employees — a massive 17.7 percent of its workforce, to reduce the district’s multiyear deficit, Robert Bobb, the district’s emergency financial manager

GM and Chrysler’s bankruptcy cases at a glance – Kansas City Star
WHERE DOES IT STAND?: Monday marked Detroit-based GM’s 29th day under court protection. GM said Monday it’s ending its joint venture with Toyota Motor Corp. at a Fremont, Calif., manufacturing plant as it continues to shrink its operations under

Judge approves bankruptcy for Lake Las Vegas golf course – Las Vegas Sun
Lake Las Vegas will close its second and last public golf course, Reflection Bay, tomorrow after a federal bankruptcy judge granted permission this morning to do so. The move will leave the troubled resort with just one golf course, the private

Ford boosts output as decline eases – The Age
Ford Motor, the only major US automaker that hasn’t filed for bankruptcy, said it’s boosting production as its June sales of cars and trucks will have the ”lowest” decline among the industry’s biggest manufacturers. The second-largest US automaker

Bankruptcy may be next for Detroit schools, Bobb says – Detroit Free Press
Calling the Detroit Public Schools budget the worst he’s ever seen, the state-appointed emergency financial manager said today that he was unable to cut most of the deficit and is considering filing bankruptcy. DPS will enter the next school year

Obama’s Housing Plan Struggling In First Few Months – Huffingtonpost.com
Earlier this month, we reported that President Obama’s “Making Home Affordable” program, a government subsidized mortgage modification plan, was mired in red tape, delays and questionable benefits for homeowners . But that’s not the only area of

Clear Plans to Sell Traveler Data – Wired
Clear, the cut-to-the-front-of-the-airport-security-line company that closed without warning last Monday, is trying to sell its members’ sensitive data to another registered traveler program, the company told its stranded members Friday in an email

This reveals both moral and economic bankruptcy – Daily Mail
Thirty years ago, the Labour Prime Minister Jim Callaghan found himself in almost exactly the same predicament Gordon Brown does today. In 1979, the British public finances were in disarray. However, a general election against Margaret Thatcher’s

Toyota-GM U.S. Plant’s Fate Clouded as GM Plans to Dump Stake – Bloomberg
June 30 (Bloomberg) — A 25-year auto-assembly venture between Toyota Motor Corp. and General Motors Corp. is ending after bankrupt GM said it will shed its stake in the Fremont, California, plant, leaving its fate unknown. The world’s two largest

Detroit Public Schools’ financial boss considers bankruptcy – Detroit News
Detroit — Detroit Public Schools is considering bankruptcy in addition to cutting 2,451 employees — a massive 17.7 percent of its workforce, to reduce the district’s multiyear deficit, Robert Bobb, the district’s emergency financial manager

Plans Bankruptcy – plan of reorganization : Business Bankruptcy Blog

Monday, June 29th, 2009

plan of reorganization : Business Bankruptcy Blog
On June 16, 2008, the United States Supreme Court issued its decision in Florida Dept. of Revenue v. Piccadilly Cafeterias, Inc., the case involving whether Section 1146(a) of the

plan of reorganization : Business Bankruptcy Blog
On June 16, 2008, the United States Supreme Court issued its decision in Florida Dept. of Revenue v. Piccadilly Cafeterias, Inc., the case involving whether Section 1146(a) of the

Plans Bankruptcy – GM to take on future product liability claims – Sioux City Journal

Monday, June 29th, 2009

GM to take on future product liability claims – Sioux City Journal
NEW YORK — General Motors Corp. has agreed to take on responsibility for future product liability claims, removing what could have been a sizable roadblock on the automaker’s path to a quick sale of its assets and emergence from Chapter 11

‘New GM’ agrees to resolve ‘Old GM’ claims of liability – Everett Herald
NEW YORK — General Motors Corp. has agreed to take on responsibility for future product liability claims, removing what could have been a sizable roadblock on the automaker’s path to a quick sale of its assets and emergence from Chapter 11

Gibson fights liquidation plan – Spartanburg Herald-Journal
Attorneys representing Paul Michael “Joe” Gibson in civil cases filed objections last week to an amended plan of liquidation that has been developed by the former auto dealer’s bankruptcy attorneys and is scheduled for confirmation today in

Horse & buggy to bankruptcy – Chattanooga Times Free Press
Once upon a time, doctors drove via horse and buggy to take themselves and their little black bags to the homes of sick patients. The doctors were limited in what they could do, but they did the best they could. A few decades later, the horse was put

GM to take on responsibility for future claims – Nashville Tennessean
As part of its government-backed restructuring plan, GM wants to sell the bulk of its assets to a new company and leave behind unprofitable assets and other liabilities such as product-related lawsuits. A hearing on the proposed sale is scheduled for

Students help Dafuskie plan for future – The Sun News
Since Wayne Smith first landed on Daufuskie Island more than a year ago, he has found residents there hungry for economic vitality but nervous about preserving their community’s character. To help them generate business without harming their

GM to take on future product liability claims – Sioux City Journal
NEW YORK — General Motors Corp. has agreed to take on responsibility for future product liability claims, removing what could have been a sizable roadblock on the automaker’s path to a quick sale of its assets and emergence from Chapter 11

‘New GM’ agrees to resolve ‘Old GM’ claims of liability – Everett Herald
NEW YORK — General Motors Corp. has agreed to take on responsibility for future product liability claims, removing what could have been a sizable roadblock on the automaker’s path to a quick sale of its assets and emergence from Chapter 11

Gibson fights liquidation plan – Spartanburg Herald-Journal
Attorneys representing Paul Michael “Joe” Gibson in civil cases filed objections last week to an amended plan of liquidation that has been developed by the former auto dealer’s bankruptcy attorneys and is scheduled for confirmation today in

Horse & buggy to bankruptcy – Chattanooga Times Free Press
Once upon a time, doctors drove via horse and buggy to take themselves and their little black bags to the homes of sick patients. The doctors were limited in what they could do, but they did the best they could. A few decades later, the horse was put

GM to take on responsibility for future claims – Nashville Tennessean
As part of its government-backed restructuring plan, GM wants to sell the bulk of its assets to a new company and leave behind unprofitable assets and other liabilities such as product-related lawsuits. A hearing on the proposed sale is scheduled for

Students help Dafuskie plan for future – The Sun News
Since Wayne Smith first landed on Daufuskie Island more than a year ago, he has found residents there hungry for economic vitality but nervous about preserving their community’s character. To help them generate business without harming their

Plans Bankruptcy – Horse & buggy to bankruptcy – Chattanooga Times Free Press

Monday, June 29th, 2009

Horse & buggy to bankruptcy – Chattanooga Times Free Press
Once upon a time, doctors drove via horse and buggy to take themselves and their little black bags to the homes of sick patients. The doctors were limited in what they could do, but they did the best they could. A few decades later, the horse was put

GM to take on responsibility for future claims – Nashville Tennessean
As part of its government-backed restructuring plan, GM wants to sell the bulk of its assets to a new company and leave behind unprofitable assets and other liabilities such as product-related lawsuits. A hearing on the proposed sale is scheduled for

Ssangyong Headed for Bankruptcy as Standoff Worsens – Digital Chosunilbo
A standoff at moribund SUV maker Ssangyong Motor is getting worse as an occupation of the Pyeongtaek plant by the union members goes into its 40th day Monday. Ssangyong management want to lay off 36 percent of the workforce in April in a desperate

Daufuskie plots future in wake of bankruptcy – The State
HILTON HEAD ISLAND —Daufuskie Island is rebuilding its tourism industry after one of its biggest businesses filed for bankruptcy in January, and organizers hope an upcoming marketing push will further the recovery. The bankruptcy of the Daufuskie

Students help Dafuskie plan for future – The Sun News
Since Wayne Smith first landed on Daufuskie Island more than a year ago, he has found residents there hungry for economic vitality but nervous about preserving their community’s character. To help them generate business without harming their

Horse & buggy to bankruptcy – Chattanooga Times Free Press
Once upon a time, doctors drove via horse and buggy to take themselves and their little black bags to the homes of sick patients. The doctors were limited in what they could do, but they did the best they could. A few decades later, the horse was put

GM to take on responsibility for future claims – Nashville Tennessean
As part of its government-backed restructuring plan, GM wants to sell the bulk of its assets to a new company and leave behind unprofitable assets and other liabilities such as product-related lawsuits. A hearing on the proposed sale is scheduled for

Ssangyong Headed for Bankruptcy as Standoff Worsens – Digital Chosunilbo
A standoff at moribund SUV maker Ssangyong Motor is getting worse as an occupation of the Pyeongtaek plant by the union members goes into its 40th day Monday. Ssangyong management want to lay off 36 percent of the workforce in April in a desperate

Daufuskie plots future in wake of bankruptcy – The State
HILTON HEAD ISLAND —Daufuskie Island is rebuilding its tourism industry after one of its biggest businesses filed for bankruptcy in January, and organizers hope an upcoming marketing push will further the recovery. The bankruptcy of the Daufuskie

Students help Dafuskie plan for future – The Sun News
Since Wayne Smith first landed on Daufuskie Island more than a year ago, he has found residents there hungry for economic vitality but nervous about preserving their community’s character. To help them generate business without harming their

Plans Bankruptcy – TheStar.com | Business | GM to take on future product liability claims – Toronto Star

Monday, June 29th, 2009

TheStar.com | Business | GM to take on future product liability claims – Toronto Star
NEW YORK – General Motors Corp. has agreed to take on responsibility for future product liability claims, removing what could have been a sizable roadblock on the automaker’s path to a quick sale of its assets and emergence from Chapter 11

BUSINESS: GM to take on future product liability claims Posted 7:15 p – Carroll County Online
NEW YORK — General Motors Corp. has agreed to take on responsibility for future product liability claims, removing what could have been a sizable roadblock on the automaker’s path to a quick sale of its assets and emergence from Chapter 11

GM to Allow Some Product-Liability Claims – Washington Post
General Motors will assume responsibility for product-liability claims filed after the carmaker emerges from bankruptcy protection, a concession that removes a potential obstacle to the Obama administration’s plan for the carmaker’s quick

News Minute: BET honors Jackson Billy Mays, Gale Storm dead – WAOW
LOS ANGELES (AP) – Michael Jackson’s father has joined those turning out to honor the King of Pop at tonight’s BET Awards in Los Angeles. On his way in, Joe Jackson stopped for an interview. BET says the show is a complete overhaul due to the death

GM accepts product liability in bid to clear sale – Reuters
DETROIT (Reuters) – General Motors Corp ( GMGMQ.PK ) has agreed to accept liability for future product defects as one of several concessions offered in a bid to win court approval for a quick sale from bankruptcy. In addition, GM said it would change

GM Agrees to Liability for Defects After Bankruptcy – Wall Street Journal
General Motors Corp., under pressure from state attorneys general, agreed to assume legal responsibility for injuries drivers suffer from vehicle defects after the auto maker emerges from U.S. bankruptcy protection. The concession means consumers who

TheStar.com | Business | GM to take on future product liability claims – Toronto Star
NEW YORK – General Motors Corp. has agreed to take on responsibility for future product liability claims, removing what could have been a sizable roadblock on the automaker’s path to a quick sale of its assets and emergence from Chapter 11

BUSINESS: GM to take on future product liability claims Posted 7:15 p – Carroll County Online
NEW YORK — General Motors Corp. has agreed to take on responsibility for future product liability claims, removing what could have been a sizable roadblock on the automaker’s path to a quick sale of its assets and emergence from Chapter 11

GM to Allow Some Product-Liability Claims – Washington Post
General Motors will assume responsibility for product-liability claims filed after the carmaker emerges from bankruptcy protection, a concession that removes a potential obstacle to the Obama administration’s plan for the carmaker’s quick

News Minute: BET honors Jackson Billy Mays, Gale Storm dead – WAOW
LOS ANGELES (AP) – Michael Jackson’s father has joined those turning out to honor the King of Pop at tonight’s BET Awards in Los Angeles. On his way in, Joe Jackson stopped for an interview. BET says the show is a complete overhaul due to the death

GM accepts product liability in bid to clear sale – Reuters
DETROIT (Reuters) – General Motors Corp ( GMGMQ.PK ) has agreed to accept liability for future product defects as one of several concessions offered in a bid to win court approval for a quick sale from bankruptcy. In addition, GM said it would change

GM Agrees to Liability for Defects After Bankruptcy – Wall Street Journal
General Motors Corp., under pressure from state attorneys general, agreed to assume legal responsibility for injuries drivers suffer from vehicle defects after the auto maker emerges from U.S. bankruptcy protection. The concession means consumers who