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U.S. District Court of Delaware Reverses and Remands A Bankruptcy Settlement Effected With No Notice

2015-02-10 22:14:46| Electronics - Topix.net

On January 16, 2015, Chief Judge Leonard P. Stark of the United States District Court for the District of Delaware issued an opinion that reversed an order of the Delaware Bankruptcy Court that approved a settlement, and remanded to the Bankruptcy Court for further proceedings. In the underlying bankruptcy case, debtor ManagedStorage International, Inc., and certain affiliates, filed bankruptcy in February 2009, and immediately filed a motion to sell substantially all of their assets.

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Petition for bankruptcy filed at the district court of Stockholm...

2015-02-10 00:41:50| Appliances - Topix.net

Petition for bankruptcy filed at the district court of Stockholm has been withdrawn following an out of court settlement between the Creditor and Selena Oil & Gas Holding AB . Selena Oil Gas Holding AB has reached a settlement with the Creditor that filed for a bankruptcy petition December 17th, 2014, in relationship to an unpaid debt.

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Sprint to set up shop as RadioShack files for bankruptcy

2015-02-06 09:53:14| IT Services - Topix.net

The electronics retailer filed for Chapter 11 bankruptcy protection on Thursday, Feb. 5, 2015. Mourners of a woman who was driving the SUV that was hit by a suburban commuter train are making their final goodbyes.

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Sprint to set up shop as RadioShack files for bankruptcy

2015-02-06 09:30:27| Telecom - Topix.net

The electronics retailer filed for Chapter 11 bankruptcy protection on Thursday, Feb. 5, 2015. Mourners of a woman who was driving the SUV that was hit by a suburban commuter train are making their final goodbyes.

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Bankruptcy is no friend of retail

2015-02-06 04:50:29| Jewelry - Topix.net

For many U.S. chains, including Borders, Circuit City and more recently Coldwater Creek and Delia's, bankruptcy protection quickly turned into a going-out-of-business sale. That may explain why RadioShack avoided filing in recent months until the company was sure it had no other options.

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