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{ Monthly Archives } February 2010

Japan Airlines loses $2 billion in April-December

TOKYO- (AP) Japan Airlines said Friday it lost a record $2 billion in the nine months through December, but that its results in the most recent quarter were better than expected as the flagship carrier undergoes government-led restructuring . Japan Airlines Corp. reported a net loss

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Premier League’s Portsmouth enters bankruptcy

LONDON- (AP) Portsmouth became the first Premier League team forced to seek bankruptcy protection from its creditors on Friday, enabling the insolvent business to restructure financially. The bottom club in the world’s richest league was placed into administration by the High

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Judge considers fraud charges against Blixseth

MISSOULA , Mont.-(AP) The actual size of Yellowstone Club founder Tim Blixseth’s fortune could soon come to light as a a judge considers whether the high-flying real estate developer took hundreds of millions of dollars in a fraud scheme that left the exclusive resort broke. Such a decision

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Vancouver WA Bankruptcy

Vancouver WA Bankruptcy. Welcome to our website. This information is presented by the Bankruptcy Practice Group of Baxter & Baxter, LLP. The Vancouver WA bankruptcy lawyers of Baxter & Baxter, LLP, represent individuals in Chapter 7 and Chapter 13 bankruptcies. We offer a free initial phone consultation. We can stop collection calls from debt [...]

Former Kmart head ordered to pay millions

DETROIT-(AP) A judge on Thursday ordered a former Kmart CEO to pay more than $10 million for misleading investors before the retail chain filed for bankruptcy protection in 2002. However, the judge denied an SEC request that would have prevented Charles Conaway from serving as an officer or direct

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Birch Paper files for bankruptcy protection

TORONTO- (AP) Newsprint manufacturer White Birch Paper Co. has filed for bankruptcy protection, citing declining demand for newspapers and the strength of the Canadian dollar. The company’s unit, Bear Island Paper Co. LLC, filed a Chapter 11 petition in Richmond , Va. ,

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GM to end Hummer after sale to Chinese buyer fails

DETROIT- (AP) General Motors Co. said Wednesday it will shut down Hummer after its bid to sell the brand to a Chinese company collapsed. Heavy equipment maker Sichuan Tengzhong Heavy Industrial Machines Co. pulled out of the deal for Hummer, known for its hulking, military-style SUVs,

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General Growth inks deal to exit bankruptcy

LOS ANGELES-(AP) The nation’s second-largest shopping mall operator General Growth Properties Inc. said Wednesday it reached a deal with ’s Brookfield Asset Management Inc. that will speed its exit from Chapter 11 bankruptcy protection. Speculation raged for weeks that General Growth might t

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Vancouver WA Bankruptcy

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The Oregon consumer protection lawyers of the Consumer Litigation Group specialize in cases with false credit reports, identity theft cases, unlawful debt collection cases, [...]