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    Sep 29, 2011 |Story| Herald Mail
  1. Bridge opening delay could cost contractor

    The contractor replacing a Pa. 316 bridge's superstructure faces hefty penalties if it does not reopen that section of road to traffic by Oct. 6, a Pennsylvania Department of Transportation spokesman said Thursday.
    waynesboro@herald-mail.com
    The contractor replacing a Pa. 316 bridge's superstructure faces hefty penalties if it does not reopen that section of road to traffic by Oct. 6, a Pennsylvania Department of Transportation spokesman said Thursday. Whiting-Turner Contracting Co. of...

    Tags: The Whiting-Turner Contracting Company, Waynesboro (Waynesboro, Virginia), Traffic, Bankruptcy

  2. Oct 5, 2011 |Story| Herald Mail
  3. PennDOT plans to fine bridge contractor

    A Pa. 316 bridge being repaired south of Chambersburg has not reopened within the 80 days specified by the Pennsylvania Department of Transportation, so the state agency plans to impose a $37,500-a-day penalty on the contractor effective immediately, PennDOT spokesman Mike Crochunis said Wednesday.
    waynesboro@herald-mail.com
    A Pa. 316 bridge being repaired south of Chambersburg has not reopened within the 80 days specified by the Pennsylvania Department of Transportation, so the state agency plans to impose a $37,500-a-day penalty on the contractor effective immediately,...

    Tags: The Whiting-Turner Contracting Company, Bankruptcy

  4. Oct 17, 2011 |Story| AP Member Choice Limited
  5. Wisp ski resort owners file for bankruptcy protection

    The owner of the Wisp ski resort in McHenry says it has filed for Chapter 11 bankruptcy protection. D.C. Development LLC said Sunday that its filing Saturday in U.S. Bankruptcy Court in Greenbelt gives it some breathing room to seek new investors...

    Tags: Recreational and Sporting Goods Industry, Bankruptcy

  6. Nov 3, 2011 |Story| AP Member Choice Complete
  7. Feb 16, 2011 |Story| Herald Mail
  8. Customers happy local Borders store isn't on closing list

    Customers shopping at the Borders book store in Hagerstown Wednesday,  hours after the chain filed for bankruptcy protection, said they  depended on the bookseller for their reading material.
    dan.dearth@herald-mail.com
    Customers shopping at the Borders book store in Hagerstown Wednesday, hours after the chain filed for bankruptcy protection, said they depended on the bookseller for their reading material. The company plans to close about 200 of its 642 stores over the...

    Tags: Waynesboro (Waynesboro, Virginia), Bankruptcy

  9. May 24, 2013 |Story| AP Maryland
  10. Latest Maryland and Delaware news, sports, business and entertainment

    OBIT-HAYNES JOHNSON Journalist and author Haynes Johnson dies at 81 WASHINGTON (AP) — Pulitzer Prize-winning reporter Haynes Johnson has died. He was 81. The Washington Post reported Johnson died Friday at a Bethesda hospital. Johnson was...

    Tags: U.S. Military, U.S. Department of Defense, Punishment, Lifestyle and Leisure, Unemployment

  11. May 24, 2013 |Story| Orlando Sentinel
  12. Battling a Motion to Strip or Motion to Value in Bankruptcy Court

    Blog Sponsored by Taylor & Carls, P.A. The association has finally obtained its foreclosure judgment for nonpayment of assessments.  A sale date has been set.  Then, the owner files bankruptcy.  What does the association then do?  Historically, and...

    Tags: St. Petersburg (Pinellas, Florida), Mortgages, Bankruptcy, Orlando, Financial and Business Services

  13. May 23, 2013 |Story| Chicago Tribune
  14. Christian Brothers settle suit with 400 sex abuse victims

    The Roman Catholic religious order that runs Brother Rice High School in Chicago and St. Laurence High School in Burbank didn't want Brother Edward Chrysostom Courtney in Chicago any longer. So in the early 1970s, the Irish Christian Brothers shipped...

    Tags: Abusive Behavior, Justice System, Crime, Law and Justice, Cook County Government, Bankruptcy

  15. May 23, 2013 |Story| Los Angeles Times
  16. Judge rules gifts cards from belly-up Borders bookstores worthless

    Those clinging hopefully to the old Borders books gift cards stashed in their drawers or wallets are out of luck, <a href="http://newsandinsight.thomsonreuters.com/Legal/News/2013/05_-_May/Judge_says_gift_card_claims_against_Borders_are__equitably_moot_/">a Manhattan federal judge ruled Wednesday</a>. According to Reuters, there are about $210.5 million worth of such cards that had not been used by the time the bookstore chain went out of business in September 2011. All of which are now "equitably moot."
    Those clinging hopefully to the old Borders books gift cards stashed in their drawers or wallets are out of luck, a Manhattan federal judge ruled Wednesday. According to Reuters, there are about $210.5 million worth of such cards that had not been used by...

    Tags: The New York Times, Sharper Image Corporation, Services and Shopping, Justice System, Books

  17. May 22, 2013 |Story| Daily Press
  18. AMF Bowling plans to merge with New York-based company

    AMF Bowling Worldwide Inc. plans to merge with New York-based bowling center operator Bowlmor, the Richmond Times-Dispatch reported.
    AMF Bowling Worldwide Inc. plans to merge with New York-based bowling center operator Bowlmor, the Richmond Times-Dispatch reported. The merger is part of the plan for Hanover County-based AMF Bowling to pay creditors’ debts and exit Chapter 11...

    Tags: Hampton Roads, Bankruptcy, Economy, Business and Finance, Bowling, Companies and Corporations

  19. May 21, 2013 |Story| Allentown Morning Call
  20. KidsPeace files for bankruptcy

    Carrying $240 million in debt, Orefield-based KidsPeace filed for bankruptcy Tuesday.
    Carrying $240 million in debt, Orefield-based KidsPeace filed for bankruptcy Tuesday. The move comes after years of struggles in which the organization that gives treatment to troubled and autistic children laid off workers and missed debt payments....

    Tags: Layoffs and Downsizing, Job Layoffs, Bankruptcy, Bethlehem Steel, Economy, Business and Finance

  21. May 20, 2013 |Story| Allentown Morning Call
  22. In Karoly will dispute, millions in administrative expenses

    In the end, lawyers could end up with most of the money in the bitterly contested estates of Allentown medical malpractice attorney Peter Karoly and his wife, Dr. Lauren Angstadt. During six years of legal limbo, the estates have racked up $3.74...

    Tags: Finance, Justice System, Judges, Crime, Law and Justice, Bankruptcy

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Financially Distressed Companies Photos
George R. Mesires has been named co-chair of the Financ...
(February 4, 2013)
George R. Mesires , Finance and Restructuring practice co-chair, Ungaretti & Harris
He also has experience representing debtors in Chapter...
(November 18, 2012)
Matthew V. Wargin, partner, Mayer Brown
Thomas M. Lynch of Faegre Baker Daniels LLP has been ap...
(October 31, 2012)
Thomas Lynch, U.S. Bankruptcy Judge, Northern District of Illinois