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Chapter 11
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Georgia Bankruptcy Blog
Retailer KB Toys, With Several Georgia Locations, Files Chapter 11 In Delaware After Drop In Sales
By Sunghee Sohn
Update: KB Toys to close and quickly liquidate for the Christmas rush, according to a Court filing and this Wall Street Journal article: The company plans to quickly start going-out-of-business sales…
In Solvency
KB Toys Files for Bankruptcy
By Fox Rothschild LLP, Fox Rothschild LLP
KB Toys filed for chapter 11 bankruptcy protection this morning in the United States Bankruptcy Court, District of Delaware (read the KB Toys Bankruptcy Petition here). According to its affidavit in…
Delaware Bankruptcy Update
Tribune Company’s Rising Debt and Declining Revenue Lead to Its Filing for Bankruptcy in Delaware
By Fox Rothschild LLP, Fox Rothschild LLP
Introduction Tribune Company, owner of major newspapers such as the Chicago Tribune, Los Angeles Times, The Sun, Orlando Sentinel and the Morning Call, filed for bankruptcy in the United States Bankruptcy Court, District…
Georgia Bankruptcy Blog
Tribune Company Files Chapter 11 Bankruptcy Petition In Delaware
By Sunghee Sohn
From the Wall Street Journal - Tribune Co. filed for bankruptcy protection Monday, in a sign of worsening trouble for the newspaper industry. In recent days, as Chicago-based Tribune continued…
Georgia Bankruptcy Blog
Pure Med Spa Files Chapter 11 Petitions In Northern District Of Georgia
By Sunghee Sohn
Pure Med Spa has filed Chapter 11 bankruptcy petitions in the Northern District of Georgia. The filing entities are below. According to its website, Pure Med Spa "is a leading…
Georgia Bankruptcy Blog
Bally Total Fitness Files Chapter 11 (Again) In New York And Seeks Buyer
By Sunghee Sohn
Bally Total Fitness has filed Chapter 11 for the second time in a little over a year. The website lists eight clubs in Metro Atlanta. From Reuters: NEW YORK, Dec 3…
Delaware Bankruptcy Update
Hawaiian Telcom Files For Bankruptcy
By Fox Rothschild LLP, Fox Rothschild LLP
Introduction Hawaiian Telcom Communications, Inc. ("Hawaiian Telcom" or the "Debtors"), received an unwelcome objection to its Motion to Approve the Use of Cash Collateral one day after it filed for bankruptcy in the…
Georgia Bankruptcy Blog
Poultry Producer Pilgrim’s Pride, Parent Of Atlanta-Based Goldkist, Files Chapter 11 In N.D. Texas
By Sunghee Sohn
From the Atlanta Business Chronicle - Chicken processor Pilgrim’s Pride Corp., which in 2007 acquired Atlanta-based Gold Kist Inc., confirmed Monday it has filed a voluntary petition for Chapter 11…
Delaware Bankruptcy Update
Small Jet Manufacturer, Eclipse Aviation, Files for Bankruptcy
By Fox Rothschild LLP, Fox Rothschild LLP
Eclipse Aviation, the New Mexico manufacturer of small jet aircraft, filed for bankruptcy in Delaware on November 25, 2008. As stated in the Affidavit in Support of Eclipse's Bankruptcy Motions, …
Georgia Bankruptcy Blog
Cherokee Run Country Club, Host Of 1996 Olympic Events, Files Chapter 11 In Northern District
By Sunghee Sohn
Cherokee Run Country Club in Conyers, Rockdale County, filed a Chapter 11 petition in the Northern District of Georgia on November 25, 2008. In re Cherokee Run Country Club, Inc., Ch.…