Newsroom Headlines

  January 6, 2010 Bankrupt Home Builder Seeks Conversion to Chapter 7 Opus South Corp. will seek to liquidate under chapter 7 after asset sales failed to generate net proceeds for its estate, the Deal

  January 5, 2010 Consumer Bankruptcy Filings Increase 32 Percent in 2009, Most Since 2005 U.S. consumer bankruptcies increased 32 percent nationwide in 2009 from the previous year, according to the

  January 4, 2010 Analysis: Recession Aftershocks Likely to Bring More Filings in 2010 Experts predict that the increase in bankruptcies in 2009 is unlikely to let up in 2010 as the economic crisis

  December 31, 2009 Icahn, Beal File Rival Reorganization Plan for Trump Entertainment Carl Icahn and Beal Bank have unveiled the reorganization plan they hope will prove to be the winning

  December 30, 2009 Axiant Receives Approval to Convert Case to Chapter 7 Bankruptcy Judge Mary F. Walrath on Monday approved AxiantLLC’s request to convert its case from a chapter 11 proceeding to a

  December 29, 2009 Clear Channel Outdoor Closes Bond Sale The outdoor advertising subsidiary of Clear Channel Communications Inc. said yesterday that it closed $2.5 billion in bond funding, the Deal

  December 28, 2009 Eddie Bauer to Seek OK for Liquidation Plan on Jan. 28 Outdoor apparel retailer Eddie Bauer Holdings Inc. will seek approval for a liquidation plan following its $286 million sale

  December 24, 2009 Centro Studies Restructuring Moves Centro Properties Group, an Australian operator of about 660 U.S. shopping malls, said on Thursday it had appointed advisers to assess

  December 23, 2009 TLC Vision, Senior Lenders See Eye-to-Eye on Swap TLC Vision (USA) Corp., an eye care company that sponsors golfer Tiger Woods, has filed for bankruptcy protection after reaching

  December 22, 2009 Fee Fight Mounting for Philadelphia Newspapers A skirmish over fees for a chapter 11 financing package that never reached consummation is mounting in the bankruptcy of Philadelphia