Oil, gas royalties for sale during bankruptcy auction in Oklahoma City
Posted by on Nov 30th, 2009Royalty-earning oil and gas sites in seven states will be up for sale this week in a U.S. Bankruptcy Court auction in Oklahoma City.Auctioneer Louis Dakil said there are interests in an unprecedented number of wells available in Thursday’s auction. He is owner and president of Dakil Auctioneers, which is running the sale.Royalty owners “generally …
Creditors turn up heat in Freedom bankruptcy
Posted by on Nov 30th, 2009Unsecured creditors of Irvine-based Freedom Communications Inc. are attacking the company on two fronts in bankruptcy court in hopes of recovering up to $53 million they say they are owed.
Charter Communications emerges from bankruptcy
Posted by on Nov 30th, 2009Charter Communications emerges from bankruptcy, Paul Allen retains largest voting stake
Bidding to refloat bankrupt Genmar begins at $55M
Posted by on Nov 30th, 2009A California equity firm opened bidding at $55 million for parts of the bankrupt boat-maker. Former CEO Irwin Jacobs has yet to weigh in.
Charter Emerges From Bankruptcy
Posted by on Nov 30th, 2009Charter Communications , the nation’s fourth-largest cable operator, said Monday that it has emerged from Chapter 11 bankruptcy.
Charter Communications emerges from bankruptcy
Posted by on Nov 30th, 2009Charter Communications Inc., the nation’s fourth largest cable operator, said Monday that it has emerged from Chapter 11 bankruptcy. Charter, controlled by Microsoft co-founder Paul Allen, said the prearranged bankruptcy filing erased $8 billion of debt and… Charter Communications – Paul Allen – Microsoft – Chapter 11 Title 11 United States Code – Law
Amelia Island Plantation owner files for bankruptcy
Posted by on Nov 29th, 2009By MARK BASCH JACKSONVILLE, Fla. — The owner of the Amelia Island Plantation has filed a Chapter 11 bankruptcy petition, but the well-known Nassau County, Fla., resort continues to operate normally as a group of wealthy homeowners work on a plan to invest additional millions in the property.
Congrats, but who are you?
Posted by on Nov 29th, 2009Fran Drescher and Jason Alexander are in Australia today to attend the wedding of a couple they’ve never met. Geoffrey Edelsten, 66 — a former doctor who went bankrupt after he was convicted in 1990 of hiring a hit man to assault a patient — is set…
The Dubai Crisis
Posted by on Nov 29th, 2009The world has been far too quick to suggest that the glossy city-state of Dubai is about to go bankrupt. This is far too gloomy a prediction.
Central Columbia plan enforceable, safe despite General Growth bankruptcy, council told
Posted by on Nov 29th, 2009Members voice satisfaction after 1st work session The plan to remake central Columbia is both enforceable and safe despite developer General Growth Properties’ bankruptcy woes, the Howard County Council heard during its first work session on two proposed bills Monday evening.