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Chapter 11
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Securities Law Prof Blog
Lehman Files for Bankruptcy
Lehman Brothers Holdings Inc. (“LBHI”) announced today that it intends to file a petition under Chapter 11 of the U.S. Bankruptcy Code with the United States Bankruptcy Court for the…
Georgia Bankruptcy Blog
SEC Investigates Incorrect Rumors Of New United Airlines Bankruptcy Filing
By Sunghee Sohn
In the past few days, incorrect rumors of a new bankruptcy filing by United Airlines have circulated over the internet. It turns out that it was a story from 2002 that…
Georgia Bankruptcy Blog
Recent Chapter 11 Filings In Northern District Of Georgia
By Sunghee Sohn
Yesterday was foreclosure day in Georgia, and several Chapter 11 cases have been filed over the last couple weeks: Case No. Ch Party Info Dates 08-76176-mgd 11 A &…
Georgia Bankruptcy Blog
Le Jardin, Upscale South Fulton Development Controlled By Brian Jordan, Files Chapter 11
By Sunghee Sohn
As we get closer to foreclosure day next week, the Chapter 11 filings are coming in. Friday, Chapter 11 petitions were filed by the Le Jardin community developer. The principal…
Georgia Bankruptcy Blog
More Casualties Of The Construction Slowdown? Building Products Manufacturer PHX Home Products Files Chapter 11 In Northern District
By Sunghee Sohn
PHX Home Products, LLC, a manfacturer of exterior and interior decorative millwork, and affiliates, filed Chapter 11 petitions in the Northern District of Georgia. Case No. Ch Party Info Date…
Georgia Bankruptcy Blog
Gold Creek Golf Club in Dawsonville Apparently Closes, Files Chapter 11
By Sunghee Sohn
The owner of Gold Creek Golf Club (web page was down as this is posted) in Dawsonville filed a Chapter 11 petition in the Northern District. In re Gold Creek…
Georgia Bankruptcy Blog
Atlanta Based Atlantis Plastics Files Chapter 11 Petition In Northern District Of Georgia
By Scott Riddle
Atlanta-based Atlantis Plastics, Inc., and related companies, filed Chapter 11 petitions in the Northern District of Georgia on August 10, 2008. According to the pleadings and Atlanta Business Chronicle, the…
Georgia Bankruptcy Blog
Delaware Bankruptcy Court: Directors’ Duties To Financially Distressed Companies
By Scott Riddle
Bridgeport Holdings Inc. Liquidating Trust v. Boyer (In re Bridgeport Holdings, Inc.), 2008 WL 2235330 (Bankr. D. Del. May 30, 2008). Summary: Liquidating trust brought adversary proceeding against Chapter 11…
Georgia Bankruptcy Blog
Michael Vick Files Chapter 11 Bankruptcy Petition
By Scott Riddle
From USA Today and Bloomberg - In re Michael D. Vick, 08-50775, U.S. Bankruptcy Court, Eastern District of Virginia (Newport News). Michael Vick has hit another low as he serves…
Georgia Bankruptcy Blog
Ply-Mart’s, Inc. in Bankruptcy: Involuntary Bankruptcy Petition Filed By Creditors
By Scott Riddle
An involuntary Chapter 11 Bankruptcy Petition was filed against Ply-Marts, Inc. (a/k/a Ply-Mart and PlyMart) on July 1, 2008. Ch. 11 (Invol.) Case No. 08-72687. See the petition here. The petition was…