Blog Posts in April, 2012

Fashion Designer Betsey Johnson Files for Bankruptcy

Designer Betsey Johnson's fashion company, Betsey Johnson LLC filed for chapter 11 bankruptcy on April 26 in New York. Betsey Johnson is know for her quirky personality and bright and colorful ...
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Trends in Unemployment

Looking at statistics from various souces, an article from Money Magazine found interesting trends for people looking for jobs. 1. Younger people face more unemployment 8.7% of people ages 25-34 are ...
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Orange County Based Traffic Control and Safety Corp Files for Bankruptcy

The Newport Beach based company Traffic Control and Safety Corporation has recently filed for Chapter 11 Bankruptcy. The company was formed in 2007 and provides barricades, signs and lighting for ...
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Bank of America Fined $12,500 for Violating Automatic Stay

In a recent bankruptcy case from the Middle District of Florida, bankruptcy judge Arthur Briskman fined Bank of America $12,500 for violating the bankruptcy automatic stay. The court found that Bank ...
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Los Angeles Dodgers Set to Exit Chapter 11 Bankruptcy This Month

Last Friday, US Bankruptcy Judge Kevin Gross approved the already announced sale of the Dodgers. This approval will allow the Dodgers to exit their current Chapter 11 bankruptcy by April 30. The ...
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Can I Lose My Job if I File for Bankruptcy?

Federal law prohibits employers from firing employees simply because they have filed for bankruptcy. Because of this, employers cannot fire someone if the only reason is that they filed for ...
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Gingrich Health-Care Group Files for Bankruptcy

Presidential hopeful Newt Gingrich once ran a healthcare think tank, The Gingrich Group LLC. The well-known group offered advising on various healthcare issues. The Gingrich Group was started by Newt ...
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Warren Sapp Files for Bankruptcy...How Did He Qualify for Bankruptcy?

Former NFL superstar and future Hall of Famer Warren Sapp filed for Chapter 7 Bankruptcy. In his bankruptcy filing, Sapp is estimated to owe his creditors $6.7 million. Sapp's assets are estimated ...
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