Topic
chapter 11
574 published works
Delaware Bankruptcy Update
KB Toys Files for Bankruptcy
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…
Georgia Bankruptcy Blog
Final Nail Is In The Coffin At Tweeter – They Abruptly Close And Convert To Chapter 7
By Sunghee Sohn
Tweeter Home Entertainment, the parent of HiFi Buys (which had several locations in Atlanta), first filed a Chapter 11 petition in June 2007 (click here). It was bought by an…
Georgia Bankruptcy Blog
Recent Chapter 11 Cases In Northern District Of Georgia
By Sunghee Sohn
As foreclosure day is today, here are the recent Chapter 11 cases filed in the Northern District of Georgia. Yesterday was a relatively light day for the day before foreclosure,…
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…
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.…
Creditors' Resource
Financial Bailouts – A Letter To Congressman Brian Bilbray
Dear Sir: The goal of federally financed bailouts should only be to augment feasible plans of reorganization, not to prolong the life of businesses beyond hope. Bailout recipients should be…
Georgia Bankruptcy Blog
Circuit City Files Chapter 11 Petition
By Sunghee Sohn
It is certainly not a surprise that Circuit City filed a Chapter 11 petition in the Eastern District of Virginia. See the press release here. Last week the company announced…
In Solvency
MPC Corporation, Formerly Gateway Computers, Files Bankruptcy and Seeks Approval of Critical Vendor Program
By Fox Rothschild LLP, Fox Rothschild LLP
Issues Important to Gateway's Creditors: The Critical Vendor Motion MPC Computers, LLC, formerly Gateway Computers ("Gateway, or the "Debtors"), filed for bankruptcy in the United States Bankruptcy Court for the…
Georgia Bankruptcy Blog
Recent Chapter 11 Filings For Northern District
By Sunghee Sohn
Here are most of the Chapter 11 filings since the last update in early October. It appears as though fewer cases were filed in the days leading up to foreclosure…
In Solvency
Bonanza Steakhouse and Ponderosa Steakhouse File for Bankruptcy in the District of Delaware
By Fox Rothschild LLP, Fox Rothschild LLP
Background on the Debtor Metromedia Steakhouses Company, L.P., parent company to Bonanza Steakhouse and Ponderosa Steakhouse, filed petitions for chapter 11 bankruptcy in the District of Delaware on October 22,…