bankruptcy filing

ABINGDON, Va. – A Clintwood, Va. man who concealed his stake in a waste management company and did not report his employment and income from that company when filing for Chapter 7 bankruptcy, pleaded guilty yesterday to one count of…

United States: Delaware Bankruptcy Court Eases Burden of Establishing Administrative Claim …

For both debtors and creditors, numbers are important in bankruptcy proceedings. The United States Judicial Conference has announced that certain dollar amounts and dollar limits in the United States Bankruptcy Code will increase…

In a recent decision,1 The United States Bankruptcy Appeals Board of the 9th Circuit has clarified an important step construction lien holders must take to perfect their liens when the debtor has filed a bankruptcy petition before the…

The battle for American Apparel was decided long ago — in 2017, when Gildan Activewear Inc. bought the brand out of bankruptcy — but the fighting never ended for some of the fighters. In the latest salvo, brand founder Dov Charney filed…

I AM has often asked the following questions: When does declaring bankruptcy make sense? How much do I owe to justify a bankruptcy filing and have it on my credit file? My answer to these questions is always the same: whether or…

A nonprofit senior living operator with nine senior living communities in Texas is filing for Chapter 7 bankruptcy. The operator, Glen Hope Harbor — which exists under the umbrella of Texas-based nonprofit The Emmaus Calling — has…

COOPERSVILLE — A West Michigan-based environmental consulting firm has filed for Chapter 11 bankruptcy as it positions itself to sell the business to an industry competitor. Superior Environmental Corp. filed in the U.S. Bankruptcy Court…

The Internal Revenue Service (IRS) building is seen in Washington, U.S. September 28, 2020. REUTERS/Erin ScottJoin now for FREE unlimited access to Reuters.comRegisterJudges cite lack of voluntary exchange of tax penaltiesThe nonprofit…

Chinese fugitive Guo Wengui, the financial backer of Steve Bannon, has announced he will shut down video platform GTV after filing for bankruptcy and claiming he massively falsified data by hackers.GTV, a Chinese-language video streaming…

Film studio STX has placed a subsidiary containing the rights to Gerard Butler's 2020 film "Greenland" into Chapter 11 bankruptcy. Filed Feb. 28 in Louisiana by ErosSTX President and General Counsel Noah Fogelson, the petition asks…

A New Jersey bankruptcy court judge has ruled in favor of Johnson & Johnson — and against thousands of victims of corporate wrongdoing — in allowing the company to proceed with its "Texas Two-Step" plans. Judge Michael Kaplan ruled on…

Two faith groups that have long supported the Boy Scouts of America have pledged to play a key role in the latest revamp of the Scouting organization's bankruptcy, the fallout from tens of thousands of sexual abuse complaints within its…

(RNS) - Two faith groups that have long supported the Boy Scouts of America have pledged to play a key role in the latest reorganization of the Scouting organization's bankruptcy, the fallout from tens of thousands of sexual abuse claims in…

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The Ministry of Commercial Affairs is set to propose amendments to the Insolvency and Bankruptcy Code (IBC), based on recommendations made by a parliamentary panel, during the budget session of Parliament,…

J&J has allocated about $2.5 billion in assets to its LTL subsidiary. By comparison, J&J itself has a total market value of around $400 billion. The company's 2021 sales alone brought them nearly $94 billion, a growth of about…

HELENA — A Sidney Tory pastor who is being sued for libel has filed for bankruptcy, blocking a libel suit brought by a transgender activist who accused him of lying about her and threatening her and her lawyers.Monday's filing in U.S.…

The Heritage Trail West project will experience delays to its completion date as the Town of Round Rock seeks a new contractor to undertake the project. (Rendered courtesy of the City of Round Rock) The Heritage Trail West project will…

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United States: 10 retailers to watch for bankruptcy filing in 2022 …

Johnson & Johnson has asked US officials to intervene after an activist investor tried to halt sales of the company's talc-based baby powder overseas. Separately, the New Jersey-based drugmaker clashed with Reuters over a story about…

After a bankruptcy filing, the task of repairing your credit begins. But how soon can you apply for new credit? It depends on the type of bankruptcy you filed, as your bankruptcy must first be discharged. It can take as little as six…

The Wisconsin Department of Workforce Development and the state's Department of Justice have reached a $200,000 settlement as part of the Department of Workforce Development's claim filed in the bankruptcy case of Briggs & Stratton…

The owners of a restaurant chain in Roanoke, Va., closed one establishment and filed for bankruptcy at two others due to a deadly outbreak of hepatitis A that swept through the community last fall. At least four people have died, more than…

Flag carrier Philippine Airlines (PAL) entered 2022 on a high after emerging from a voluntary debt reorganization process. In a statement released Friday evening, PAL announced that it had exited its Chapter 11 voluntary bankruptcy…

NEW YORK - A federal judge should dismiss a sweeping settlement of thousands of lawsuits against OxyContin maker Purdue Pharma, a group of states said in a hearing on Tuesday, arguing that the protections it extends to members of the…

NEW YORK — A federal judge is expected to dismiss a sweeping settlement of thousands of lawsuits against OxyContin maker Purdue Pharma, a group of states said in a hearing on Tuesday, arguing that the protections it extends to members of…

Monday, November 22, 2021 The history of bankruptcy practice in the era of the Bankruptcy Code, 1979 to today, has been that of eliminating chance…

THE head of the Department of Finance (DOF) says officials must first see the final outcome of Philippine Airlines Inc.'s (PAL) Chapter 11 bankruptcy proceedings before deciding whether government banks are helping to bail out the…

A group of clergy abuse survivors has asked a federal judge to suspend an order that prevents their cases from being heard in state court during the Diocese of Rochester's bankruptcy process.Attorneys for the survivors filed a motion on…

By Monica Laliberte, WRAL Executive Producer/5 on Your Side ReporterMonthly bills remain a struggle for many families. As COVID-19 relief programs run out, bankruptcy may be the…

The Hertz Corporation has to look at AMC Entertainment and wonder what could have been. Hertz, battered in the early weeks of the pandemic, filed for Chapter 11 bankruptcy in May last year. However, in the weeks that followed, its…