Bankruptcy Law

Anaheim Bankruptcy Attorneys Are Continuing To Offer Free Consultations To Orange County Residents Who Are In Need Of Financial Relief – PRWeb

An experienced bankruptcy firm like the Law Offices of Zhou & Chini will clear many of a client’s debts and allow the individual to start fresh. By contacting a Anaheim bankruptcy attorney, you have made the first step in filing … Continue reading

Stockton, California, Seeks Bankruptcy After Talks Fail – Bloomberg

“It’s all varying degrees of take- aways.” The negotiations, which were required under California law before Stockton could file bankruptcy, helped both sides prepare, Rose said. That may make it easier to reach a deal in court, he sai

AMR fees climb to $70 million in bankruptcy case – Tulsa World

Weil Gotshal & Manges LLP, AMR Corp.’s lead bankruptcy law firm, has billed the insolvent parent of American Airlines $22.99 million for its services since AMR filed its Chapter 11 petition on Nov. 29, court records show. The New York … Continue reading

Stockton, California, Files for Bankruptcy Protection – Businessweek

Bankruptcy would allow the city to break contracts with … In February, the city began a process during which it is required by state law to review its finances with help from a “neutral observer” who is picked in cooperation … Continue reading

Stockton becomes largest U.S. city in debt to declare bankruptcy – New York Daily News

The filing comes after officials were unable to reach a deal with the city’s creditors to restructure hundreds of millions of dollars of debt under a new state law designed to help municipalities avoid bankruptcy. Stockton, a river port of … Continue reading

Integrity Law Group Explains Why You Should Not Be Shamed out of Filing for Bankruptcy Protection – PRWeb

Seattle based bankruptcy attorneys, Integrity Law Group, works to help people realize that shame should not be a factor when seeking bankruptcy protection. Nobody likes to fail. Bankruptcy has always been synonymous with financial failure and prevents many …

Stockton is largest US city to seek bankruptcy – AP – msnbc.com

The filing comes after officials were unable to reach a deal with the city’s creditors to restructure hundreds of millions of dollars of debt under a new state law designed to help municipalities avoid bankruptcy. Stockton, a river port of … Continue reading

Papers Filed in Stockton bankruptcy; gag order may be lifted – Los Angeles Times

The new law guiding such mediation, designed to help forestall municipal bankruptcy or speed recovery if talks fail, guarantees confidentiality as financial cards are laid on the table and blame is analyzed. But a bankruptcy judge could soon …

Stockton bankruptcy: City could file as early as Thursday – Los Angeles Times

Bankruptcy attorneys say Chapter 9 filings give the court wide latitude to cancel or cut back on promised pensions. Under the law, municipalities have the right to ask the Bankruptcy Court to determine whether labor agreements should be rejected …

Stockton, Calif., tests legalities of city bankruptcies – USA Today

“This is a big test case,” says University of Pennsylvania law professor David Skeel. “The conventional wisdom has been until very recently that you can’t touch retirement benefits or labor contracts in bankruptcy court. That conventional wisdom …