BANKRUPTCY RECOVERY
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Blockbuster misses another interest payment
Posted in September 2nd, 2010
Video rental giant Blockbuster Inc. has missed a payment to junior bondholders, making it the second time in three months the company has failed to meet a debt obligation.
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Miami-Dade personal bankruptcies rise 74%
Posted in September 2nd, 2010
Miami-Dade, Broward and Palm Beach counties continued to see upward movement in the number of bankruptcy filings last month.
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Issa losing more property overseas
Posted in September 2nd, 2010
Another real estate holding from the former owner of the Statler Towers portfolio is about to change hands.
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Cornerstone Bank settles on Hecker assets
Posted in September 2nd, 2010
Cornerstone Bank of North Dakota has dropped its claims to some of former Twin Cities auto dealership mogul Denny Hecker’s largest assets.
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Employee trying to push Sicel into Chapter 7 named interim president
Posted in September 2nd, 2010
The push by five Sicel Technologies employees to force the company into involuntary Chapter 7 liquidation has ended with one of those employees being named Sicel’s interim president.
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Former Columbus construction biz owner facing fraud charges
Posted in September 2nd, 2010
The former co-owner of a defunct Columbus construction company faces 11 criminal charges after federal investigators alleged he used business loans to finance vehicle and real estate purchases in Florida.
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