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    Jun 11, 2013 |Story| Petoskey News
  1. Detroit EM: Call me names, but I need your help

    DETROIT (AP) — Cash-strapped and fiscally troubled Detroit has about a 50-50 chance to avoid bankruptcy, according to state-appointed emergency manager Kevyn Orr.
    DETROIT (AP) — Cash-strapped and fiscally troubled Detroit has about a 50-50 chance to avoid bankruptcy, according to state-appointed emergency manager Kevyn Orr. Orr laid out his plans to Detroit residents Monday evening at Wayne State...

    Tags: Crime, Law and Justice, Finance, Colleges and Universities, Belle Isle, Loans

  2. Jun 10, 2013 |Story| Los Angeles Times
  3. Battery maker Exide Technologies files for bankruptcy protection

    Battery maker Exide Technologies filed for bankruptcy protection Monday, citing the forced suspension of operations at its Vernon lead-recycling plant and other economic factors.
    Battery maker Exide Technologies filed for bankruptcy protection Monday, citing the forced suspension of operations at its Vernon lead-recycling plant and other economic factors. Exide, one of the world's largest makers and recyclers of lead-acid...

    Tags: Exide Technologies, Finance, Environmental Pollution, Bankruptcy, Companies and Corporations

  4. Jun 10, 2013 |Story| Petoskey News
  5. EM Orr set to meet with Detroit's creditors

    DETROIT (AP) — When state-appointed emergency manager Kevyn Orr meets with Detroit's creditors and bond debt holders, he plans to lay out for them the depths of the city's financial collapse.
    DETROIT (AP) — When state-appointed emergency manager Kevyn Orr meets with Detroit's creditors and bond debt holders, he plans to lay out for them the depths of the city's financial collapse. Friday's meeting at the Westin Hotel at Detroit...

    Tags: Finance, Rick Snyder, Bankruptcy, Health Insurance Cost, Economy, Business and Finance

  6. Jun 10, 2013 |Story| Orlando Sentinel
  7. 06/10: Bankruptcies

    Chapter 7 Central Florida individuals and businesses that have filed for liquidation under Chapter 7 of the U.S. Bankruptcy Code include: M&S Enterprises of Orlando LLC, doing business as M&S Enterprises LLC, 37 N. Orange Ave., Suite 500, Orlando....

    Tags: Melbourne, Winter Garden, Bankruptcy, Business, Companies and Corporations

  8. Jun 10, 2013 |Story| Allentown Morning Call
  9. Lawyers, experts collect evidence at Philly collapse site

    (MCT) — The same day criminal charges were formally brought against the excavator operator in last week's fatal building collapse in Center City, engineers and lawyers Sunday picked through the rubble at the site, gathering evidence with low- and...

    Tags: Crime, Law and Justice, Philadelphia Building Collapse (2013), Murder, Sprague, Manufacturing and Engineering

  10. Jun 8, 2013 |Story| Baltimore Sun
  11. A year after bankruptcy, lives unsettled still

    The closing of the steel mill at Sparrows Point overwhelmed Bob Jennings. Too young to retire at 59, he faced a gloomy job market for local manufacturing workers and a bureaucracy that couldn't get him timely training help. He felt like a failure.
    The closing of the steel mill at Sparrows Point overwhelmed Bob Jennings. Too young to retire at 59, he faced a gloomy job market for local manufacturing workers and a bureaucracy that couldn't get him timely training help. He felt like a failure. No,...

    Tags: Real Estate, Community College of Baltimore County, Bankruptcy, University of Maryland Baltimore County, United Steelworkers

  12. Jun 8, 2013 |Story| Los Angeles Times
  13. High prices are driving more motorists to rent tires

    When the tires on their Dodge Caravan had worn so thin that the steel belts were showing through, Don and Florence Cherry couldn't afford to buy a new set.
    When the tires on their Dodge Caravan had worn so thin that the steel belts were showing through, Don and Florence Cherry couldn't afford to buy a new set. So they decided to rent instead. The Rich Square, N.C., couple last September agreed to pay...

    Tags: Walmart, Crime, Law and Justice, Car Tires, Bankruptcy, Consumers

  14. Jun 5, 2013 |Story| Baltimore Sun
  15. St. Mary's College in turmoil

    St. Mary's College of Maryland, which for years has enjoyed a reputation as a gem among the state's public institutions, finds itself on the defensive as a projected admissions shortfall has come to light, the president has resigned and an outspoken education critic has taken aim at the school.
    St. Mary's College of Maryland, which for years has enjoyed a reputation as a gem among the state's public institutions, finds itself on the defensive as a projected admissions shortfall has come to light, the president has resigned and an outspoken...

    Tags: Teaching and Learning, Colleges and Universities, Students, St. Mary's County, Annapolis

  16. Jun 5, 2013 |Story| Los Angeles Times
  17. Orange County producer gets 27 years in B-movie Ponzi scheme

    An Orange County movie producer convicted of bilking mostly elderly investors out of $9.5 million in a Ponzi scam involving B movies such as “Confessions of a Pit Fighter” and “Lake Dead” has been sentenced to 27 years in state prison.
    An Orange County movie producer convicted of bilking mostly elderly investors out of $9.5 million in a Ponzi scam involving B movies such as “Confessions of a Pit Fighter” and “Lake Dead” has been sentenced to 27 years in state...

    Tags: Trials, Steven Weber, Bankruptcy, Quinton Jackson, Flavor Flav

  18. Jun 5, 2013 |Story| Los Angeles Times
  19. Bankruptcy filings decline in May

    In the latest sign that the worst of the recession is receding, the American Bankruptcy Institute reported Wednesday that total filings were down 12% last month from the same period last year. Total U.S. bankruptcy filings were down to 96,430 last...

    Tags: Bankruptcy

  20. Jun 5, 2013 |Story| Petoskey News
  21. Philadelphia building collapses kills six, injures 14

    <strong>Updated 8 a.m. Thursday.</strong>
    Updated 8 a.m. Thursday. PHILADELPHIA (AP) — Rescue workers were digging through rubble Thursday for any additional victims who may have been trapped when a building under demolition collapsed onto a neighboring thrift store, killing six people...

    Tags: Occupational Safety and Health Administration, Bankruptcy, Cocaine, Building Material, Disasters and Accidents

  22. Jun 3, 2013 |Story| Orlando Sentinel
  23. 06/03: Bankruptcies

    Chapter 7 Central Florida individuals and businesses that have filed for liquidation under Chapter 7 of the U.S. Bankruptcy Code include: Chapter 11 Central Florida individuals and businesses that have filed for reorganization and protection from...

    Tags: Bankruptcy, Business

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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