Articles Tagged - Chapter11Bankruptcy

By Ralph Ferro, Posted in Bankruptcy in the News on January 12, 2012
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82-year old baking company, Hostess Inc. files for Chapter 11 Bankruptcy! Hostess, the makers of our sugary, childhood snacks like Twinkies, Ding Dongs and Suzy Q's has filed for Chapter 11 bankruptcy protection. Hostess Brand Inc. filed this Wednesday...(more)

By Ralph Ferro, Posted in Bankruptcy in the News on December 6, 2011
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The housing recovery in New Jersey seems like it has been dangling like a yo-yo as foreclosures stop and start due to the state of the economy, a high unemployment rate and underemployment. The Garden State’s unemployment number sat at 9.1 this...(more)

By Ralph Ferro, Posted in Bankruptcy in the News on November 29, 2011
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Another day and another bankruptcy; this time financial troubles fly high as AMR Corporation (parent company to American Airlines) files for Chapter 11 bankruptcy. The move to file this type of bankruptcy will help the company restructure its debt....(more)

By Ralph Ferro, Posted in Bankruptcy in the News on November 23, 2011
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Irish Billionaire Declares Bankruptcy Sean Quinn was once listed as one of Forbes’ richest men and today Mr. Quinn falls to the deteriorating banking crisis that is sweeping the globe and forcing him to declare bankruptcy. Working hard since...(more)

By Ralph Ferro, Posted in Bankruptcy in the News on September 26, 2011
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MSNBC reports that executives from the California-based, solar-energy company, Solyndra have failed to testify to avoid self-incrimination. Lawmakers will continue to pursue the case which investigates Solyndra’s $500 million loan received from...(more)