Sentences with phrase «after filing for bankruptcy protection»

What if there was a shady side of the law that allowed federal bankruptcy court trustees to hide things from you for up to a year before you found out you lost your assets to your creditors after filing for bankruptcy protection?

On June 10, 2009, 41 days after filing for bankruptcy protection, the sale of most of Chrysler assets to «New Chrysler», formally known as Chrysler Group LLC, was completed.

TimeGate Studios reportedly sent all staffers home today after filing for bankruptcy protection last week.

A week after filing for bankruptcy protection, Mt. Gox's CEO Mark Karpelès had mysteriously found 200,000 Bitcoins — a lucky stroke that would change everything for Mt. Gox creditors.

Kevyn Orr, a partner in the Washington law firm Jones Day and best known for his work on the restructuring of Chrysler after it filed for bankruptcy protection in 2009, will assume financial control of Detroit, the nation's poorest major city.

Since your credit rating takes a hit after you file for bankruptcy protection, unless you default on monthly payments to an automobile insurance company, there is really no basis for your insurance company to raise your premiums.

Not exact matches

Earlier this month, Remington Outdoor, a major manufacturer of firearms, filed for Chapter 11 bankruptcy protection after an extended sales slide.

Gawker Media founder and CEO Nick Denton will file for personal bankruptcy protection as early as Monday after losing a fight in a Florida court for a shield against a judgment in a breach of privacy case involving professional wrestler Hulk Hogan, according to a person familiar with the matter.

Once the world's biggest Bitcoin exchange, Mt. Gox filed for bankruptcy protection four years ago after disclosing that it lost 850,000 Bitcoins, then worth about $ 500 million.

That comes after Toys «R» Us, once dubbed a «category killer,» filed for Chapter 11 bankruptcy protection in a Richmond, Va. court Monday.

NEW YORK, N.Y. — The company that once offered to sell you eight CDs for 1 cent has filed for Chapter 11 bankruptcy protection after almost 20 years of falling sales.

SEOUL / DETROIT, April 20 - General Motors» South Korean unit delayed a decision to file for bankruptcy protection until Monday afternoon, after the automaker failed to reach a wage deal with its labor union in time to meet a Friday deadline.

After the judgment was handed down, Gawker filed for bankruptcy protection, and last week its assets were sold to Univision for $ 135 million.

TV streaming service Aereo filed for bankruptcy protection after a U.S. Supreme Court ruled that the company's model violated copyright laws.

A Virginia court approved the sale of Toys «R» Us Canada to Fairfax on Tuesday, ending the uncertainty looming the Canadian subsidiary after it filed for creditor protection in September, and the retailer's U.S. division sought bankruptcy protection.

NASHVILLE, Tenn. — The maker of the Gibson guitar, omnipresent for decades on the American music stage, is filing for bankruptcy protection after wrestling for years with debt.

The Canadian arm filed for creditor protection in September, a day after the U.S. division filed for bankruptcy.

FastBucks filed for bankruptcy protection after the judge ruled that it owed restitution to its customers for illegally circumventing the state's payday loan law.

The food - court fixture filed for bankruptcy protection in 2014 for the second time in three years after choking under too much debt and declining traffic at many U.S. malls.

RadioShack, a long - ailing 94 - year - old electronics chain, filed for bankruptcy protection on Thursday after striking a deal to sell up to 2,400 of its stores to the wireless service provider Sprint and a hedge fund that is its biggest shareholder.

The 2018 global corporate default tally increased to 28 this week after New York City - based consumer products company Nine West Holdings Inc. defaulted after filing for Chapter 11 bankruptcy protection.

Gun maker Remington Outdoor Co. is planning to file for bankruptcy protection as early as next week as it built capacity when gun sales were soaring but sales dropped after Mr. Trump took office.

The consumer electronics retailer filed for bankruptcy protection Thursday after a lengthy effort at reversing substantial declines in revenue over the past few years.

Just briefly: The Weinstein Co.: The film studio co-founded by disgraced producer Harvey Weinstein, says it will file for bankruptcy protection after talks on a potential sale collapsed, The Los Angeles Times reports.

NEW YORK (Reuters)- Pizza chain Sbarro LLC has filed for bankruptcy protection for the second time in three years after struggling with too much debt and fewer customers in malls that house many of its restaurants.

Freedom filed for Chapter 11 bankruptcy protection Sunday after suffering more than $ 40 million in losses over the last two years under new ownership.

Solyndra, the solar - panel maker that filed for bankruptcy protection two months after executives extolled its prospects, is being investigated by the FBI for accounting fraud, an official said.

Stockton will become the largest U.S. city to seek protection from its creditors after its leaders approved a budget based on the city filing for bankruptcy.

The investment bank Drexel Burnham Lambert filed for bankruptcy protection in 1990 after it faced the possibility of an indictment.

In this month alone Saints alltime leading rusher Deuce McAllister filed for bankruptcy protection for the Jackson, Miss., car dealership he owns; Panthers receiver Muhsin Muhammad put his mansion in Charlotte up for sale on eBay a month after news broke that his entertainment company was being sued by Wachovia Bank for over due credit - card payments; and penniless former NFL running back Travis Henry was jailed for nonpayment of child support.

Plus, Tamara Mellon receives court approval after filing for Chapter 11 bankruptcy protection for her namesake line last week.

PR NEWSWIRE - Dec 23 - FriendFinder Networks has announced a plan of reorganization that takes effect three months after the company filed for Chapter 11 bankruptcy protection.

(Before his Sears gigs, he was CEO of Brookstone, a chain that improved on his watch but nevertheless filed for bankruptcy protection two years after he left.)

4) Borders files for protection from creditors under Chapter 11 of the federal Bankruptcy Code 5) The final chapter of Stephen Baker's Final Jeopardy! finally arrives on my Kindle, late in the day on the day after IBM's Watson gave a digital thumpin'to the best human Jeopardy players on the planet.

NEW YORK (By Phil Wahba)- Borders Group Inc, the second - largest U.S. bookstore chain, filed for bankruptcy protection, after years of sharp sales declines that made it impossible to manage its crushing debt load, and it plans to close nearly one - third of its stores.

Mr. Salinas made the majority of his $ 41 million investment in Circuit City after the troubled chain filed for bankruptcy protection in November.

The United States consumer protection agency has tips based on multiple situations for these borrowers who must be aware of what to expect in the mortgage market in today's lending environment: If your lender files for bankruptcy after the closing of your loan: Mortgage loans and the rights to service them are often purchased and sold.

You could have a home in Cleveland worth $ 450,000, but if you are underwater with a mortgage balance of $ 600,000, there is no equity and therefore nothing for the bankruptcy trustee to come after in the event you file for Chapter 7 protection.

So, it is not unusual to get questions about building your credit after a debtor has had to file for bankruptcy protection.

The settlement which was ordered after an invasion of privacy lawsuit was filed by the wrestler has forced the media outlet to file for Chapter 11 bankruptcy protection and place their assets for sale.

If you suddenly increase your contributions, or try to transfer your assets to another person, business, or trust just before filing for bankruptcy protection, you will get into big trouble — and your assets may not be protected after all.

The study found that out - of - pocket costs for filing for Chapter 7 bankruptcy, the most common form of protection, soared from $ 600 before the 2005 law was passed to $ 2,500 just two years after it was passed.

Recently on our bankruptcy forum a user asked, «I have come to the conclusion that after a massive surgery and losing my job that I will not be able to pull myself out of my financial crisis without filing for bankruptcy protection.

Even if you file for bankruptcy protection after the fact, levied property is not going to return to the bankruptcy estate because the asset was legally taken by law.

MUNICH — Air Berlin, Germany's second largest airline, said it filed for bankruptcy protection after its largest shareholder, Abu Dhabi - based Etihad, said...

Such disasters have befallen the New York City Opera and Long Island College Hospital, two major New York institutions that collapsed in financial disarray in recent years, and the Crystal Cathedral in California, which filed for bankruptcy protection in 2010 after accusations that its board had imprudently borrowed against the endowment.

Longview, WA — Arch Coal, Inc., the second largest coal supplier in the United States, announced today that it would be filing for bankruptcy protection after suffering several quarters of losses and being unable to restructure its debt.

The Toronto Star reports that Sino - Forest stated it would begin looking for buyers after filing its request for bankruptcy protection with the Ontario Superior Court.

After Aloha Airlines filed for Chapter 11 bankruptcy protection 2 weeks ago, many travelers were left in the lurch.

In February, Mt. Gox, one of the largest bitcoin exchanges, filed for bankruptcy protection after hundreds of millions of dollars» worth of bitcoins were stolen.