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Chapter 11
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Georgia Bankruptcy Blog
Six Flags Amusement Parks Files Chapter 11 Bankruptcy Petition In Delaware
By Sunghee Sohn
From the Wall Street Journal, Six Flags, Inc., which has three parks in metro Atlanta (Six Flags, White Water and American Adventures), has filed a Chapter 11 Bankruptcy petition this morning…
Georgia Bankruptcy Blog
Caraustar Industries And Related Companies File Chapter 11 Petitions In Northern District
By Sunghee Sohn
Caraustar Industries, one of the nation's largest manufacturers of recycled paperboard and related products, and related entities, filed Chapter 11 petitions in the Northern District of Georgia yesterday. From the…
In The (Red)®
General Motors Files Chapter 11 Bankruptcy In New York
General Motors Corp. filed for Chapter 11 bankruptcy protection this morning in the U.S. Bankruptcy Court for the Southern District of New York. Judge Robert E. Gerber has been assigned…
In Solvency
Visteon Corporation, a Former Division of Ford Motor Company, Files for Bankruptcy in Delaware
By Fox Rothschild LLP, Fox Rothschild LLP
Introduction Visteon Corporation filed for bankruptcy in the United States Bankruptcy Court for the District of Delaware on May 28, 2009. According to Visteon's Declaration in Support of First Day…
In Solvency
A Closer Look at Chapter 11 Bankruptcy Auctions
By Fox Rothschild LLP, Fox Rothschild LLP
Introduction On May 1, 2009, Magna Entertainment ("Magna") filed a motion in the United States Bankruptcy Court for the District of Delaware whereby it sought authority to schedule an auction, receive approval…
Creditors' Resource
Improve the Odds of Getting Paid – Form a Creditors’ Committee
The president of a tire company called me to discuss what to do as a result of a customer going into Chapter 11. He asked what could he do…
In Solvency
Accredited Home Lender Files for Bankruptcy and Lists Repurchaser Claims as its Largest Creditors
By Fox Rothschild LLP, Fox Rothschild LLP
Introduction Accredited Home Lenders ("AHL"), the San Diego-based mortgage lender, filed for bankruptcy in the United States Bankruptcy Court for the District of Delaware on May 1, 2009. According to AHL's…
Delaware Bankruptcy Update
Filene’s Basement Files for Bankruptcy and Seeks to Auction Off Assets
Introduction Filene's Basement, the "value-price" clothing retailer with stores throughout the United States, filed for bankruptcy on May 4, 2009 in Delaware. According to its Affidavit in Support of First…
Georgia Bankruptcy Blog
Crunch Fitness Files Chapter 11 In New York
By Sunghee Sohn
Crunch Fitness, which has a location on Piedmont Road in Buckhead, filed a Chapter 11 petition in New York today. From Bloomberg - Crunch Fitness, a gym operator with 73,000…
Georgia Bankruptcy Blog
Chapter 11 Cases Files In May 2009
By Sunghee Sohn
Yesterday was foreclosure day in Georgia, and several new Chapter 11 cases were filed. Here are the cases filed in the last month, through yesterday May 5, 2009. Case No.…