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{ Monthly Archives } December 2008

Eckert Seamans Expands in West Virginia, Adds Twelve Attorneys from Hendrickson & Long: Firm Opens Office in Charleston

CHARLESTON , W.Va. – The law firms of Eckert Seamans Cherin and Mellott, LLC and Hendrickson & Long, PLLC announced today that they will combine their respective practices effective January 1, 2009 . All 12 attorneys from Charleston-based Hendrickson

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2008 12 31 admin Uncategorized Comments (0)

Judge rules against WaMu confidentiality request

WILMINGTON , Del. – (AP) A federal bankruptcy judge on Tuesday denied a request by Washington Mutual Inc. to keep details of certain asset sales secret

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2008 12 31 Baxter & Baxter, LLP Uncategorized Comments (0)

Meltdown 101: Store bankruptcies can burn shoppers

(AP) The lackluster holiday season and deepening recession will take a toll on retailers around the country.

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2008 12 31 Baxter & Baxter, LLP Uncategorized Comments (0)

Gimotive/Stankiewicz seeks bankruptcy

HAMBURG , Germany – (AP) Gimotive/Stankiewicz GmbH, a supplier of soundproofing insulation used by auto makers, has sought bankruptcy protection, the district court where it was filed said Tuesday.  

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2008 12 31 Baxter & Baxter, LLP Uncategorized Comments (0)

Chesapeake Corp. files for bankruptcy protection

RICHMOND , Va. – (AP) Specialty packaging company Chesapeake Corp. has filed for Chapter 11 bankruptcy protection and plans to sell itself to a group of investors for about $485 million

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2008 12 31 admin Uncategorized Comments (0)

Madoff liquidation trustee receives $28M for costs

NEW YORK – (AP) The financial whirlpool created by Bernard Madoff continued to churn Tuesday as the price tag of liquidating his old firm rose, and duped investors including the actors Kevin Bacon and Kyra Sedgwick struggled to accurately estimate how much they lost.   A publicist for the celebrity couple co

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2008 12 31 admin Uncategorized Comments (0)

Retailers brace for major change

(AP) The good news for retailers reeling from the holiday sales season is that 2008 is almost over. The bad news: The fallout in 2009 could be worse.   This year’s retailing slide when stores were forced to cut prices to convince wary consumers to spend promises to have a lasting impact ….

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2008 12 30 Baxter & Baxter, LLP Uncategorized Comments (0)

UK retailer Adams on the brink of bankruptcy

LONDON – (AP) British children’s clothing retailer Adams Childrenswear Ltd. is on the brink of a form of bankruptcy protection, a spokeswoman for the 75-year-old company said Monday, which would make make Adams the latest well-known British retailer to fall victim to the economic downturn.

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2008 12 30 Baxter & Baxter, LLP Uncategorized Comments (0)

Clothing company goes into bankruptcy protection

LONDON – (AP) British clothing company USC filed for a form of bankruptcy protection Monday, as the economic downturn claimed another major UK retailer.

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2008 12 30 Baxter & Baxter, LLP Uncategorized Comments (0)

Retailers who have filed for bankruptcy protection

(AP) Retailers have come under growing pressure as consumers cut their spending because of the drop in home values, worries about job security, eroding credit and higher food costs. Experts expect a spate of bankruptcies after holiday sales are tallied and weaker players become unable to survive.

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2008 12 30 Baxter & Baxter, LLP Uncategorized Comments (0)