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Chapter 11
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In The (Red)®
Patent Law Collides With Bankruptcy: Federal Circuit Denies Bankruptcy Liquidation Trust Standing To Sue For Patent Infringement
The United States Court of Appeals for the Federal Circuit has jurisdiction over, among other areas, patent appeals, so it's not every day that a Federal Circuit decision appears on this…
Georgia Bankruptcy Blog
Mortgage Lender Update: First Magnus Files Chapter 11 Bankruptcy; Greenpoint Closes
By Sunghee Sohn
In a move that was not exactly unexpected, First Magnus filed a Chapter 11 petition in Tucson, almost a week after it shut down. First Magnus recently acquired local lender Amtrust…
Finance & Bankruptcy Law Blog
Ninth Circuit Confirms Existence Of Ride Through Doctrine In Chapter 11 Cases
In Diamond Z Trailer, Inc. v. JZ, LLC (In re JZ, LLC), No. 07-1011 (9th Cir. B.A.P., June 18, 2007), the Ninth Circuit Bankruptcy Appellate Panel affirmed a Bankruptcy Court…
Georgia Bankruptcy Blog
Homebanc Mortgage Corp. Files Chapter 11
By Sunghee Sohn
After discontinuing its loan business and selling some assets to Countrywide earlier this week, Atlanta based Homebanc Mortgage Corp. and subsidiaries filed Chapter 11 petitions in the District of Delaware…
Georgia Bankruptcy Blog
Homebanc Closes Atlanta Mortgage Business
By Sunghee Sohn
From the AJC - The announcement comes a day after American Home Mortgage, once one of the nation's biggest lenders, filed for Chapter 11 bankruptcy protection. Also on Monday, two…
Georgia Bankruptcy Blog
Subprime Lender American Home Mortgage Investment Corp. Files Bankruptcy After Shutting Down
By Sunghee Sohn
From Bloomberg.com - Investment bankers began shutting off credit to American Home, leaving the lender unable to fund at least $750 million in loans and stranding thousands of borrowers, according…
Georgia Bankruptcy Blog
Triatek, Inc. Files Chapter 11 Bankruptcy Petition In Northern District Of Georgia
By Sunghee Sohn
Triatek, Inc. filed a Chapter 11 petition in the Northern District of Georgia on June 18, 2007, Case No. 07-69507. Assets and liabilities are both listed as between $1…
Georgia Bankruptcy Blog
Tweeter Home Entertainment, Parent of Local Retailer HiFi Buys, Files Chapter 11 In Delaware
By Sunghee Sohn
Tweeter/HiFi Buys still has three stores in Metro Atlanta, according to their website, although the Buckhead property has been sold for a record $16.8 million as part of the Buckhead rebuilding…
Georgia Bankruptcy Blog
American Landmark Group Files Chapter 11 Petition in Northern District
By Sunghee Sohn
(See Update Below) American Landmark Group, a fence builder in Marietta, filed a Chapter 11 petition in Atlanta on June 6, 2007, and remains in business. WASHINGTON (AP) - Fence…
Georgia Bankruptcy Blog
Builder Meyer-Sutton Homes files Chapter 11 in Newnan Division
By Sunghee Sohn
(Updated June 27, 2007 - Debtors have filed a Motion to Convert to Chapter 7) Meyer-Sutton Homes, Inc. and Meyer-Sutton Land Acquisition Inc. filed Chapter 11 petitions in the Newnan Division…