Salus Capital Pressuring RadioShack Into Chapter 7 – Wall Street Journal

Wall Street JournalSalus Capital Pressuring RadioShack Into Chapter 7Wall Street JournalIn papers filed Monday with the U.S. Bankruptcy Court in Wilmington, Del., Salus, a hedge-fund owed $150 million, said the liquidation of the ailing electronics retailer brought in far less than it should have and that legal and other professional fees …Busy bankruptcy hearing on tap for RadioShack ThursdayFort Worth Star Telegramall 8 news articles »

Recent Unanimous Supreme Court Decision Holds That Underwater Mortgages … – JD Supra (press release)

Recent Unanimous Supreme Court Decision Holds That Underwater Mortgages …JD Supra (press release)Debtors David Caulkett and Edelmiro Toledo-Cardona (“Debtors”) each filed for Chapter 7 bankruptcy relief with “underwater” junior mortgages held by Bank of America, N.A. (“Bank”). In other words, even if Debtors sold their property, the Bank would not …

Kids retailer started by former Children's Place exec files for Chapter 7 – NorthJersey.com

NorthJersey.comKids retailer started by former Children's Place exec files for Chapter 7NorthJersey.comRuum American Kid's Wear, started by Ezra Dabah, the former chairman and CEO of the Secaucus children's clothes company, has filed for Chapter 7 bankruptcy liquidation — just six months after a published report quoted him as saying he was looking to …

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