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Chapter 11
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Georgia Bankruptcy Blog
Yet Another Subprime Lender Files Bankruptcy: Delta Financial Corp. Files Chapter 11 In Delaware
By Sunghee Sohn
By: Scott B. Riddle, Esq. The latest casualty in the subprime world is Delta Financial, which filed a Chapter 11 petition in Delaware yesterday. Delta stopped originating loans and fired…
In The (Red)®
Chapter 11 Plan Ballots: A New Resource Goes Online
The Altman Group, one of a number of companies that provides bankruptcy claims and balloting services, has just launched a new Bankruptcy Ballot Archive. The Archive makes available a range…
Georgia Bankruptcy Blog
Pike’s Nursery Chapter 11 Bankruptcy Case Update
By Sunghee Sohn
By: Scott B. Riddle, Esq. As discussed here, Pike Nursery Holding, LLC filed a Chapter 11 Bankruptcy petition in the Northern District of Georgia on November 14, 2007. I represent…
Georgia Bankruptcy Blog
Habersham Mill, LLC Files Chapter 11 Petition In Atlanta
By Sunghee Sohn
I am about 3 weeks late for this frivolous holiday post, and have the wrong holiday, but one of the recent Chapter 11 filings in the Northern District, Habersham Mill, LLC…
Georgia Bankruptcy Blog
Jocks & Jills Restaurants To Be Sold In December
By Sunghee Sohn
Jocks & Jills Restaurants, including Frankie's at the Prado, which filed Chapter 11 petitions in March of this year, appears to be on the block, and almost sold. They have…
Georgia Bankruptcy Blog
Developer of Panama City Project Files Chapter 11 In Northern District
By Sunghee Sohn
A Chapter 11 petition was filed in the Northern District of Georgia for Magnolia Beach, LLC (Ch. 11 Case No. 07-79221 (filed Nov. 15, 2007), signed on behalf of an entity…
Georgia Bankruptcy Blog
Pike Nurseries Files Chapter 11 In Northern District
By Sunghee Sohn
Pike Nursery Holding LLC (dba Pike Family Nurseries, Pike Nurseries) filed a Chapter 11 petition in the Northern District of Georgia today. Ch. 11 Case No. 07-79129 (Nov. 14, 2007). …
Georgia Bankruptcy Blog
Levitt & Sons, Another Residential Homebuilder With Local Ties, Files Chapter 11
By Sunghee Sohn
The real estate market took another hit today, with homebuilder Levitt & Sons filing a Chapter 11 petition in Ft. Lauderdale. Local communities of Levitt include Seasons at Laurel Canyon,…
Georgia Bankruptcy Blog
Pat Flood, Former President Of Homebanc Mortgage Corp., Starts New Mortgage Company
By Sunghee Sohn
In something of a "merger" between two bankrupt mortgage companies, Pat Flood, the former president of bankrupt Homebanc, has started a new mortgage company in the space formerly occupied by bankrupt…
Georgia Bankruptcy Blog
NetBank Parent Files Chapter 11 Bankruptcy Petition
By Sunghee Sohn
It comes as no surprise that after being shut down by the FDIC, NetBank's parent company, NetBank, Inc., filed a Chapter 11 Bankruptcy petition in Jacksonville, Florida. The case is…