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    Feb 19, 2013 |Story| KWCH

  1. Beechcraft Corp. out of bankruptcy, has new name

    <span style="font-size: small;">Hawker Beechcraft is no more, in it's place Beechcraft Corp. The aviation company has a new name, a smaller product line and more importantly, it is out of bankruptcy.</span>
    KWCH 12 Eyewitness News
    Hawker Beechcraft is no more, in it's place Beechcraft Corp. The aviation company has a new name, a smaller product line and more importantly, it is out of bankruptcy. There is a new flag flying outside of Beechcraft's corporate headquarters, and soon...

    Tags: Manufacturing and Engineering, Employees, Companies and Corporations, Career and Workplace, Bankruptcy

    2. Mar 26, 2013 |Story| WSBT-TV

  2. New ethanol plant agreement sparks accountability concerns over new owners

    <span style="font-size: small;">More taxpayer money will be used to prevent homes in a South Bend neighborhood from flooding. But some city council members are questioning that plan approved by the city&rsquo;s Board of Public Works Tuesday morning.&nbsp;</span>
    More taxpayer money will be used to prevent homes in a South Bend neighborhood from flooding. But some city council members are questioning that plan approved by the city’s Board of Public Works Tuesday morning.  Common Council member Oliver Davis...

    Tags: Ethics, Environmental Issues, Ethanol, Values, Companies and Corporations

    3. Mar 26, 2013 |Story| Los Angeles Times

  3. Dionne Warwick files for bankruptcy in New Jersey

    Dionne Warwick has filed for bankruptcy in New Jersey. The "Walk On By" singer owes more than $10.7 million in taxes and fees to the Internal Revenue Service and the state of California, according to Reuters. She filed her petition on March 21 in U.S....

    Tags: Whitney Houston, Television Industry, Entertainment, Game Shows, Internal Revenue Service

    4. Mar 26, 2013 |Story| Chicago Tribune

  4. Feisty challengers take on Tinley Park incumbents

    Tinley Park elections are typically pretty tame affairs. Incumbents often face no opposition, and they tend to stick around a long time. But a slate of newcomers is challenging long-term incumbents Mayor Ed Zabrocki, Clerk Pat Rea — each having...

    Tags: Crime, Law and Justice, Business, Politics, Regional Elections, Restaurant and Catering Industry

    5. Feb 27, 2013 |Story| WSBT-TV

  5. Future of South Bend's ethanol plant up to federal judge

    <span style="font-size: small;">The clock is ticking for the future of South Bend's ethanol plant. Will it be scrapped out, or reopened with a new owner?&nbsp; Those questions about New Energy Corp. LLC are in the hands of another federal judge.</span>
    The clock is ticking for the future of South Bend's ethanol plant. Will it be scrapped out, or reopened with a new owner?  Those questions about New Energy Corp. LLC are in the hands of another federal judge. The complicated issue began in November when...

    Tags: Crime, Law and Justice, Judges, Economy, Business and Finance, Justice System, Environmental Issues

    6. Mar 22, 2013 |Story| WSBT-TV

  6. Judge rules against company trying to stop ethanol plant sale

    <span style="font-size: small;">A judge has denied a Texas company's effort to stop the sale of the ethanol plant in South Bend to two liquidators.</span>
    A judge has denied a Texas company's effort to stop the sale of the ethanol plant in South Bend to two liquidators. The sale was finalized in federal bankruptcy court earlier this week. But a company called Natural Chem argued the liquidators bought the...

    Tags: Crime, Law and Justice, Environmental Issues, Ethanol, Companies and Corporations, Judges

    7. Mar 21, 2013 |Story| Baltimore Sun

  7. Bill proposes regulating payroll service companies in state

    A bill introduced in the Maryland Senate Thursday would create a commission to look into regulating payroll service companies in the wake of allegations of fraud at AccuPay of Bel Air.
    A bill introduced in the Maryland Senate Thursday would create a commission to look into regulating payroll service companies in the wake of allegations of fraud at AccuPay of Bel Air. Sen. Barry Glassman, a Harford County Republican, introduced the...

    Tags: Labor Legislation, Business, Harford County, Politics, Internal Revenue Service

    8. Mar 21, 2013 |Story| WSBT-TV

  8. Ethanol plant sale final, but legal battle continues

    <span style="font-size: small;">South Bend's ethanol plant is officially under new ownership, but the legal battle to reverse that sale went before a federal judge Thursday.&nbsp;</span>
    South Bend's ethanol plant is officially under new ownership, but the legal battle to reverse that sale went before a federal judge Thursday.  The two liquidators bought the New Energy Corporation plant at a bankruptcy auction in January and finalized...

    Tags: Crime, Law and Justice, Real Estate Sellers, Judges, Economy, Business and Finance, Justice System

    9. Mar 21, 2013 |Story| Baltimore Sun

  9. Auction of The Inn at the Black Olive canceled as business files for bankruptcy

    The family owners of The Inn at the Black Olive in Fells Point hope a bankruptcy filing Thursday will give them time to try to attract investors and keep operating the 2-year-old boutique hotel, their bankruptcy attorney said.
    The family owners of The Inn at the Black Olive in Fells Point hope a bankruptcy filing Thursday will give them time to try to attract investors and keep operating the 2-year-old boutique hotel, their bankruptcy attorney said. The Black Olive Development...

    Tags: Crime, Law and Justice, Business, Restaurants, Economy, Business and Finance, Property

    10. Mar 19, 2013 |Story| Los Angeles Times

  10. American Airlines defends $20-million severance pay to CEO

    American Airlines is defending a plan to pay its departing chief executive a severance payout of nearly $20 million after the airline completes a merger with US Airways.
    American Airlines is defending a plan to pay its departing chief executive a severance payout of nearly $20 million after the airline completes a merger with US Airways. The parent company of American Airlines, AMR Corp., which filed for bankruptcy in...

    Tags: American Airlines, Inc., AMR Corp., Companies and Corporations, U.S. Airways, Air Transportation Industry

    11. Mar 19, 2013 |Story| Los Angeles Times

  11. JS Communications pulls bid for Rhythm & Hues

    South Korean entertainment and media company JS Communications has withdrawn its bid to acquire Rhythm &amp; Hues, the El Segundo visual effects company that recently filed for bankruptcy protection.
    South Korean entertainment and media company JS Communications has withdrawn its bid to acquire Rhythm & Hues, the El Segundo visual effects company that recently filed for bankruptcy protection. Rhythm & Hues, which won an Academy Award for its work on...

    Tags: Ang Lee, Entertainment, Life of Pi (movie), Companies and Corporations, Bankruptcy

    12. Mar 18, 2013 |Story| Los Angeles Times

  12. Trustee questions $20 million payout in American Airlines bankruptcy

    The U.S. trustee overseeing the bankruptcy proceedings for American Airlines' parent company is questioning a $19.9-million severance package for the company's top executive. In a filing made last week, Trustee Tracy Hope Davis said the airline, which...

    Tags: American Airlines, Inc., Companies and Corporations, U.S. Airways, Air Transportation Industry, Bankruptcy

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Financially Distressed Companies Photos
George R. Mesires has been named co-chair of the Financ...
(February 4, 2013)
George R. Mesires , Finance and Restructuring practice co-chair, Ungaretti & Harris
He also has experience representing debtors in Chapter...
(November 18, 2012)
Matthew V. Wargin, partner, Mayer Brown
Thomas M. Lynch of Faegre Baker Daniels LLP has been ap...
(October 31, 2012)
Thomas Lynch, U.S. Bankruptcy Judge, Northern District of Illinois
 » All 19 Financially Distressed Companies photos