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Latest Insolvency Stories

2014-09-17 08:31:08

Acquisition of Periodyne Part of Plan of Reorganization SAN DIEGO, Sept. 17, 2014 /PRNewswire/ -- Imagenetix, Inc. (OTC Bulletin Board: IAGX), announced today that its Plan of Reorganization was confirmed and all provisions of the plan were approved by Judge Margaret Mann of the United States Bankruptcy Court for the Southern District of California on September 10, 2014, with an effective date of September 16, 2014, enabling the Company to emerge from bankruptcy as of the effective...

2014-09-04 23:10:06

Boss Law Announces New Complimentary Consultation Towards Chapter 7 Bankruptcy in Tampa (PRWEB) September 04, 2014 Boss Law, the premier bankruptcy law firm, is pleased to announce its new complimentary consultation for those considering bankruptcy in Tampa. Bankruptcy can be helpful, and in some cases, necessary, depending on a client's financial situation. Boss Law is pleased to offer this new complimentary consultation towards Chapter 7 bankruptcy cases. This consultation can be...

2014-08-26 08:20:36

MONTRÉAL, Aug. 26, 2014 /CNW Telbec/ - ACE Aviation Holdings Inc. (ACE) announced today its results for the second quarter of 2014, and provided an update with respect to its liquidation process. 2014 Second Quarter Results In the second quarter of 2014, ACE recorded an increase in net assets in liquidation of $0.2 million due to interest income earned during the quarter offset by administrative and other expenses. As at August 25, 2014, ACE's only remaining assets consist of cash...

2014-08-11 23:00:48

Boss Law Announces New Complimentary Consultation For Florida Bankruptcy Assistance (PRWEB) August 11, 2014 Boss Law, the premier Florida bankruptcy law firm, is pleased to announce its new complimentary consultation for consumers in Florida, interested in getting a risk free consultation can visit http://www.protectyourfuture.org Victims of bankruptcy, and debt, are eligible for a complimentary consultation 24/7. At Boss Law, our law firm's main priority is to provide consumers with...

2014-08-05 08:28:18

NEW YORK, August 5, 2014 /PRNewswire/ -- Getting yourself out of a big debt can seem like a daunting task before you start digging. Here are pros and cons to five ways of erasing debt. (Logo: http://photos.prnewswire.com/prnh/20140805/700517 ) The debt relief company begins by discussing how important credit scores have become today. They discussed how this is not only important for people wanting to get a loan; it can also affect other financial and even...

2014-08-02 23:01:53

Debt Consolidation USA recently shared in an article published last August 1, 2014 the top five items that should be in a budget plan of consumers. The article explains the importance of this list and what it can do to put together a sensible budget plan. New York, NY (PRWEB) August 02, 2014 Debt Consolidation USA recently shared in an article published last August 1, 2014 the top five items that should be in a budget plan of consumers. The article titled “5 Categories That Your Budget...

2014-07-31 23:10:16

Debt Consolidation USA recently shared in an article published last July 30, 2014 the steps a consumer has to take when filing for Chapter 13 bankruptcy. The article aims to educate debtors who are way in over their heads with debt payment and are looking to seek debt relief by filing for bankruptcy. Los Angeles-Long Beach, CA (PRWEB) July 31, 2014 Debt Consolidation USA recently shared in an article published last July 30, 2014 the steps a consumer has to take when filing for Chapter 13...

2014-07-30 23:04:48

Debt Consolidation USA shares in an article recently published last July 28, 2014 how consumers who are in a really tight financial spot should proceed with Chapter 7 bankruptcy. The article explains the process involved that can help debtors manage expectations. Dallas, TX (PRWEB) July 30, 2014 Debt Consolidation USA shares in an article recently published last July 28, 2014 how consumers who are in a really tight financial spot should proceed with Chapter 7 bankruptcy. The article...

2014-07-24 08:29:01

WASHINGTON, July 24, 2014 /PRNewswire/ -- FTI Consulting, Inc. (NYSE: FCN), the global business advisory firm dedicated to helping organizations protect and enhance their enterprise value, today announced that FTI Consulting was recently awarded eight Turnaround Atlas Awards by the Global M&A Network for excellence and outstanding achievements in the global restructuring, special situation merger and acquisition ("M&A") and turnaround markets. FTI Consulting was recognized in the...

2014-07-15 08:22:41

NEW YORK, July 15, 2014 /PRNewswire/ -- Windsor Petroleum Transport Corporation (the "Company") and several of its subsidiaries and related entities today filed for reorganization under Chapter 11 of the U.S. Bankruptcy Code in the United States Bankruptcy Court in Wilmington, Delaware. In connection with the filing the Company has entered into a restructuring support agreement with bondholders who hold over 70% of the Company's 7.84% secured notes (the "Notes") in a principal amount...


Word of the Day
grass-comber
  • A landsman who is making his first voyage at sea; a novice who enters naval service from rural life.
According to the OED, a grass-comber is also 'a sailor's term for one who has been a farm-labourer.'