This week in bankruptcy news: San Bernardino, California gets the green light for their Chapter 9 filing; while the presiding judge hints at giving American Airlines bankruptcy merger the same in the coming weeks. Read the...
A telecommunications company based out of Fort Worth, TX, Teletouch Corp., has announced it will be filing for Chapter 11 bankruptcy, according to sources. The corporation – which operates under the trade name Hawk...
This week in bankruptcy news: Kodak exits bankruptcy protection as a smaller, more financially efficient digital imaging company. Meanwhile, Detroit’s bankruptcy case may soon be more accessible to the public as the...
Whether citing corruption, mismanagement, depopulation, the plight of the American auto industry, income inequality, or any of a host of other explanations, the bottom line for Detroit has been a financial catastrophe and...
This week in bankruptcy news: an antitrust lawsuit delays American Airlines’ bankruptcy exit through merger with US Airways; and Detroit’s Chapter 9 case meets more opposition as employee pension funds object to...
