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Latest Insolvency Stories

2014-07-07 23:03:24

Debt Consolidation USA provides tips to consumers who are thinking of undergoing debt settlement on their own. Though it is best to partner with experts, there are a few things that a debtor must understand before taking on a debt settlement program. Phoenix, AZ (PRWEB) July 07, 2014 Debt Consolidation USA explains in a recent article published last July 4, 2014 how consumers can perform debt settlement on their own. The article titled “3 Things You Need To Know Before DIY Debt...

2014-06-30 23:23:20

Metro- Atlanta based bankruptcy firm, C. Golden & Associates, announced the launch of a new website to assist potential bankruptcy filers with critical information regarding filing bankruptcy in Georgia. Atlanta, GA (PRWEB) June 30, 2014 Metro- Atlanta based bankruptcy firm, C. Golden & Associates, announced the launch of a new website, http://www.goldenbankruptcy.com, to assist potential bankruptcy filers with critical information regarding filing bankruptcy in Georgia. The site...

2014-06-25 04:20:38

AMSTERDAM, June 25, 2014 /PRNewswire/ -- Today Atradius Collections releases the new edition of the International Debt Collection Handbook explaining the different stages of amicable settlement, financial regulations around collections, legal proceedings and insolvency procedures. The handbook is useful for credit managers confronted with the diversity and complexity of country-specific debt collections, now covering 38 countries, including Chile, Ukraine and South Africa....

2014-06-21 00:20:56

- Certain Locations to be Transitioned to Practice Physicians LAS VEGAS, June 20, 2014 /PRNewswire/ -- MacKeyser Holdings, LLC, announced today that the Company and certain of its subsidiaries have filed voluntary petitions under Chapter 11 of the U.S. Bankruptcy Code in order to facilitate the wind down and ultimate liquidation of the Company. The filing will allow the Company to wind down its businesses in an orderly and expeditious fashion for the benefit of its stakeholders....

2014-06-12 16:22:29

Company Continues to Move Forward with "Pre-Arranged" Chapter 11 Reorganization That will Materially Deleverage Its Balance Sheet and Position the Company for Long-Term Growth and Profitability. HOUSTON, June 12, 2014 /PRNewswire/ -- GSE Environmental, Inc., ("GSE" or the "Company") (OTCQB: GSEH) announced today that the US Bankruptcy Court for the District of Delaware has approved its Disclosure Statement filed in connection with the Company's proposed Joint Plan of Reorganization...

2014-05-29 08:20:33

MONTREAL, May 29, 2014 /CNW Telbec/ - ACE Aviation Holdings Inc. (ACE) announced today its results for the first quarter of 2014, and provided an update with respect to its liquidation process. 2014 First Quarter Results In the first 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 May 29, 2014, ACE's only remaining assets consist of cash and...

2014-05-13 04:21:18

XI'AN, China, May 13, 2014 /PRNewswire/ -- In an unprecedented ruling in the U.S.-listed Chinese stocks (RTOs) sector, Judge Bridget Robb Peck of the Second District Court of Nevada at a hearing on April 16, 2014 ruled in favor of all plaintiff shareholders' petitions against Sino Clean Energy, Inc. (SCEI), including their petition to place the Nevada corporation immediately into receivership. In her final Order issued on May 12, 2014, Judge Peck appointed Robert Seiden as the receiver for...

2014-05-02 16:22:06

Receives Court Authorization to Continue Customer Programs, Employee Wages and Benefits, and Payments to Vendors, Suppliers and Trading Counterparties in the Ordinary Course for Post-Petition Goods and Services DALLAS, May 2, 2014 /PRNewswire/ -- Energy Future Holdings (EFH) announced today that the U.S. Bankruptcy Court for the District of Delaware has granted the relief requested by the company in key first day motions it filed in conjunction with its voluntary petitions for reorganization...

2014-04-28 08:20:36

MONTRÉAL, April 28, 2014 /CNW Telbec/ - ACE Aviation Holdings Inc. (ACE) today reported full year results for 2013, and provided an update with respect to its liquidation process. 2013 Annual Results For 2013, ACE recorded an increase in net assets in liquidation of $1.1 million. This increase was primarily due to interest income earned during the year offset by administrative and other expenses. As at April 25, 2014, ACE's only remaining assets consist of cash and short-term...

2014-04-23 23:13:20

Debt Consolidation USA shares how teenagers can start learning about financial responsibility at a young age. New York, NY (PRWEB) April 23, 2014 Debt Consolidation USA recently shared in an article last April 21, 2014 how important it is for teenagers to start learning about financial responsibility. In an article titled “6 Lessons Teens Need For Grown Up Financial Responsibility”, the site shares some key points on how to get teens started early on the correct path to handling their...


Word of the Day
attercop
  • A spider.
  • Figuratively, a peevish, testy, ill-natured person.
'Attercop' comes from the Old English 'atorcoppe,' where 'atter' means 'poison, venom' and‎ 'cop' means 'spider.' 'Coppa' is a derivative of 'cop,' top, summit, round head, or 'copp,' cup, vessel, which refers to 'the supposed venomous properties of spiders,' says the OED. 'Copp' is still found in the word 'cobweb.'
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