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Unless you've spent the last month living under a rock, you are aware of the Occupy Wall Street movement, which has spread across the United States and the world. And while on first glance this movement may appear to have nothing to do with business owners, I would beg to differ. I have worked closely with small business owners for years now as a Houston bankruptcy attorney , and over the last ...
Exclusive details about internal deliberations inside Bank of America about a potential bankruptcy filing for the bank's ailing Countrywide unit. The board this summer considered - and rejected -- a bankruptcy option for Countrywide.
BIRMINGHAM, Ala. — Leaders of Alabama’s most populous county have voted to file an estimated $4.1 billion bankruptcy, the largest municipal bankruptcy in U.S. history. The Birmingham news (http://bit.ly/rsevQ5) reports the Jefferson County Commission’s action came after spending about six hours over two days meeting with its lawyers to discuss legal options. Those options included a Chapter 9 ...
Jefferson County, Alabama, commissioners voted 4-1 to file the largest U.S. municipal bankruptcy after reaching an impasse over concessions with holders of $3.14 billion of bonds.
BIRMINGHAM, Ala. — Leaders of Alabama’s most populous county on Wednesday voted to declare an estimated $4.1 billion bankruptcy, the largest for a municipality in U.S. history. The Birmingham News reported the Jefferson County Commission’s action came after spending about six hours over two days meeting with its lawyers to discuss legal options. Those options included a Chapter 9 bankruptcy ...
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