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Newsroom Headlines

March 72006

  March 7, 2006 Supreme Court Will Not Hear Case Looking at Classification of Bonds in Bankruptcy Proceedings The U.S. Supreme Court has refused to hear a $155 million dispute over airport lease bonds

March 62006

  March 6, 2006 Dana Declares Bankruptcy Dana Corp. filed for chapter 11 protection in U.S. Bankruptcy Court in New York City , listing assets of $7.9 billion and debts of $6.8 billion, the Toledo

March 32006

  March 3, 2006 Bankruptcy Credit Counseling Gets Mixed Reviews Reviews have been mixed for the credit counseling sessions required under the new bankruptcy law that took effect in the fall of 2005

March 22006

  March 2, 2006 Backers of Asbestos Bill Are Facing Steep Fight in Senate Sponsors of asbestos legislation face a steep climb to get their bill back to the Senate floor, falling short of collecting

March 12006

  March 1, 2006 Specter Moves to Bring Asbestos Measure Back to Senate Floor Senate Judiciary Chairman Arlen Specter is gathering his GOP colleagues to gauge support for bringing an asbestos

February 282006

  February 28, 2006 Study on Medical Bankruptcies Challenged A report that expensive illnesses lead to nearly half of all personal bankruptcies is being challenged by researchers who looked at the

February 272006

  February 27, 2006 CORRECTION In February 15's Daily Headlines story “Hawaiian Air Sues to Block Mesa from Initiating Inter-Island Airline,” air carrier Mesa Air Group Inc. was incorrectly identified

February 242006

  February 24, 2006   BDO Seidman Faces $170 Million Suit over Bankest Bust International accounting firm BDO Seidman and two of its CPA partners have been sued for malpractice by a federal court

February 232006

  February 23, 2006 Bankruptcy Attorneys Seek Clarification of Debt-Relief Agency Provisions More attorneys are urgently looking for clarification of the debt-relief agency provisions of BAPCPA as

February 222006

  February 22, 2006 GM Bids for Spot on Delphi Creditors' Panel In the footsteps of the United Auto Workers union and the Pension Benefit Guaranty Corp. (PBGC), General Motors Corp. has made a bid to