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Tag Archives: Bankruptcy

Bankruptcy judge to review Rosecroft auction

GREENBELT — A federal bankruptcy judge is scheduled to review the bid submitted by Penn National Gaming Inc. to buy Rosecroft Raceway in Prince George’s County. Judge Paul Mannes is set to review the deal on Wednesday. Penn National submitted ...

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Tribune creditors seek buyout info

WILMINGTON, Del. — Attorneys for creditors who oppose the Tribune Co.’s proposed reorganization plan are seeking more information related to the 2007 leveraged buyout that left the media conglomerate saddled with debt. A Delaware bankruptcy judge convened a hearing Monday ...

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Baltimore Jewish Times creditor challenges bankruptcy plan

The largest creditor of the parent company of the Baltimore Jewish Times and two local magazines is appealing the firm’s court-approved bankruptcy plan, claiming it returns less cash than an outright liquidation. In December, the U.S. Bankruptcy Court approved a ...

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AP: Surge in bankruptcies shows signs of slowing

RALEIGH, N.C. — The growth in bankruptcies around the country slowed significantly in 2010 from its breakneck pace in recent years, with about a dozen states recording a decline in filings from consumers and businesses, according to an Associated Press ...

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Pennsylvania lawsuit: Firm let nonlawyers file foreclosures

PITTSBURGH — A Philadelphia law firm used nonlawyers to file untold numbers of mortgage foreclosures across the state and fraudulently collected attorney’s fees that caused people to lose their homes in cases which should be legally nullified, a Pittsburgh lawyer ...

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