Bankruptcy Law News

MAXXAM Reports Results for Second Quarter 2006 and First Half of ...
Business Wire (press release), CA - Aug 10, 2006... On July 6, 2006, Kaiser Aluminum Corporation (Kaiser) emerged from Chapter 11 bankruptcy and the Company's Kaiser common shares were cancelled without ...

3,385 IUE 717 Members Sign Up for Delphi Buyouts
Youngstown Business Journal, OH - Aug 10, 2006... made the buyout offers as part of a plan to shrink its work force in the United States by 70% as it works to emerge from Chapter 11 bankruptcy protection. ...

Airlines Continue to Look Overseas
Houston Chronicle, United States - Aug 8, 2006... The sharpest declines in July domestic capacity came from carriers currently in or fresh out of Chapter 11 bankruptcy protection, where companies have more ...

Business News short takes
Arkansas Democrat-Gazette (subscription), AR - Aug 11, 2006... It entered Chapter 11 bankruptcy protection in October and is seeking court permission to void its labor contracts and impose lower wages. ...

Area Comcast customers will see a gradual change
Altoona Mirror - Late last month, Adelphia settled on plans to reorganize, aiming to emerge from Chapter 11 bankruptcy by the end of this year. The company s bankruptcy case spanned four years. The successful closing of this sale signals a major achievement on

Michael Jackson's X-Files
E! Online - The latest has the erstwhile King of Pop being led into "involuntary bankruptcy" by a cabal of ex-lawyers. Per the Jackson camp, the alleged plot "could be one of the biggest conspiracies in entertainment history." When asked Tuesday why the unnamed

Dana Corporation Completes Acquisition of Core Operations in Mexico
WTNH.com - Bankruptcy Code as debtors-in-possession. Information about the bankruptcy proceedings can be found at: http://www.dana.com/reorganization. While we continue our reorganization under Chapter 11, investments in our securities will be highly speculative

Report shows foreclosures up in July
Memphis Business Journal - currently has the highest new foreclosure rate in the country per household with one in every 1,085 homes in some state of foreclosure. Based in Boca Raton, Fla., Foreclosure.com lists more than 1.2 million foreclosure, preforeclosure, bankruptcy