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Category: News

19 Oct, 2011
Reaves & Lee

British Pop Stars Declare Bankruptcy

The well-known group UB40 once topped the pop music charts, but now has found themselves in bankruptcy. The current band members have been declared financially insolvent by a Birmingham County Court judge. Money Troubles The...

6 Oct, 2011
Reaves & Lee

Personal Bankruptcy Filings Decline

The number of personal bankruptcy filings dropped 17% in September, as compared to September of 2010. This was news that is easy on the ears after so many months of ominous financial reporting.  So, what has changed? The...

6 Oct, 2011
Reaves & Lee

Borders Assets Not Up For Grabs

Earlier this year, the nation’s second largest bookstore chain filed for bankruptcy. After much negotiation, Borders was bought out by Barnes & Noble in a bankruptcy auction. Barnes & Noble stood to inherit all...