Bankruptcy Documents

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Company bids on former Magnetation sites

Duluth News Tribune 23 May 2019

Final product is carried by a conveyor belt in the former Magnetation Plant 2, which was owned by ERP until the company filed for bankruptcy in 2018 ... The company plans to use those facilities to extract ores from waste rock stockpiles, according to documents filed in federal bankruptcy court Wednesday....

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Cost-slashing Digital First Media to buy bankrupt Reading Eagle; Deep job cuts expected

Philadelphia Daily News 22 May 2019

MediaNews Group, which has a slash-and-burn reputation at newspapers it acquires around the United States, is expected to buy the bankrupt Reading Eagle for $5 million on Wednesday morning, according to court documents ... A bankruptcy judge is expected to approve the sale, which was described in more than 300 pages of documents filed on Tuesday....

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Corp’s waste-to-energy project runs into trouble

The Times of India 21 May 2019

According to documents availed from Company House, Indian equivalent of registrar of companies in UK, LIC Ltd has been placed under an administrator following court action ... The company has a liability of 1,62,420 pounds (Rs 1.44 crore) and tangible assets worth 39,030 pounds, documents with TOI show....

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Dear Penny: How long will a bankruptcy stand in the way of buying a home?

Tampa Bay Times 20 May 2019

If you do forge ahead now, be prepared to document your finances and how you've managed credit since filing bankruptcy in painstaking detail ... If there were extenuating circumstances that factored into the bankruptcy, like a job loss or illness, providing a letter of explanation with supporting documents could help you get approved....

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Elliott Management opposes airline Azul on Avianca Brasil bankruptcy plan

This is Money 20 May 2019

Avianca Brasil filed for bankruptcy protection in December, setting off a dispute for its routes among Brazil's top three airlines ... Legal documents show that Elliott crafted the current bankruptcy reorganization plan, which Azul has countered with its own new proposal this month....

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Business Monday: Aspen Club creditors to meet June 25

Aspen Times 20 May 2019

Bankruptcy Judge Joseph G ... The bankruptcy has placed what is called a “stay” on creditors from pursuing their debts which, according to court documents in the case, “means that creditors generally may not take action to collect debts from the debtor or the debtor’s property....

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Lehman Brothers Holdings Capital Trust Preferred Stocks: Still Trading 10 Years Later

Seeking Alpha 20 May 2019

Bankruptcy Court Judge Shelley C ... LBHI and JPMCB/JPMSI are co-debtors and thus affiliates in this bankruptcy via common control ... I would encourage interested readers to read the document linked above carefully ... Alternatively, it is possible that the Bankruptcy Court's decision could be appealed in some fashion....

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Utah food company linked to St. Louis political scandal — special guest star: Montel Williams

The Salt Lake Tribune 20 May 2019

Rallo, 53, and his Utah connections were discussed earlier this month in separate legal documents ... By March 2016, according to documents, Davis was in the process of selling Food For Health International ... Bankruptcy Court in Salt Lake City ... Bankruptcy filings say it’s owed $1.17 million. The bankruptcy documents list Rallo as the CEO....

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Aspen Club declares Chapter 11 bankruptcy

Aspen Times 17 May 2019

Plagued by litigation, liens and millions of dollars in lingering debts, The Aspen Club & Spa declared Chapter 11 bankruptcy on Thursday in Denver. The move will allow the company to sort out its debts through the bankruptcy court while remaining solvent, said Michael Fox, Aspen Club president....

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Filings show NanoMech has $7M in assets, $19M in debt

Arkansas Online 16 May 2019

In preliminary documents filed in April when NanoMech sought Chapter 11 bankruptcy protection, the company told the court it had between 100 and 199 creditors, between $10 million and $50 million in assets and between $10 million and $50 million in debt ... Phillips stepped down as CEO weeks before the bankruptcy filing....

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Gayle Killilea insists she was in control and made the decisions

The Irish Times 16 May 2019

For the previous 2½ days, the lawyer for the plaintiff, the trustee in Mr Dunne’s US bankruptcy, used numerous emails and other documents to allege that Mr Dunne remained in charge of assets and business ventures he gave Ms Killilea ... He is seeking to return the assets to the bankruptcy estate to pay off creditors....

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Sean Dunne asked Bertie Ahern to help sell asset in 2010, US court told

The Irish Times 16 May 2019

That document stated that Mr Dunne committed to make the gifts to Ms Killilea, whom he married less than a year before, to give her independence and to provide for their children ... Asked why he never had the document and later handwritten documents relating to it formalised, Mr ......

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Pirates owner Bob Nutting visits bankrupt Reading Eagle newspaper

Pittsburgh Tribune Review 16 May 2019

“I expect there to be more than one , but you never know until you get them,” said Robert Lapowsky, the Stevens & Lee bankruptcy attorney who represents the Eagle ... The Eagle filed for Chapter 11 protection in March and has sought an expedited sale with $2.1 million in 2019 losses through March 31, bankruptcy documents show ... .......