Posts Tagged ‘bankruptcy court’

Nevada’s Ahern Rentals files Chapter 11 bankruptcy

Ahern Rentals Inc., a Nevada-based national construction equipment supplier hit hard by the recession, filed a Chapter 11 bankruptcy case Thursday in U.S. Bankruptcy Court in Reno to reorganize more than $500 million in debt. View full post on Business Stories

Sbarro files for bankruptcy protection

Kris Alingod – AHN News Contributor Melville, NY, United States (AHN) – Sbarro, the popular Italian food chain, has filed for bankruptcy protection to reorganize its business and eliminate $200 million of debt. The Melville-based company on Monday asked the U.S. Bankruptcy Court for the Southern District of New York to approve a $35 million […]

Madoff Trustee Files $6.4 Billion Lawsuit Against JPMorgan

A lawyer appointed as a trustee by a New York bankruptcy court filed a $6.4 billion lawsuit Thursday against JPMorgan Chase. Irving Picard said he filed the case because JPMorgan is the primary banker of Bernard Madoff and must carry some responsibility for the losses of the imprisoned con man’s victims. View full post on […]