Newark's St. Michael's Hospital: Bankruptcy Court Approves Sale
St. Michael's declared bankruptcy in August, filing a WARN notice that stated the jobs of around 1,400 employees may be in jeopardy. Since then, several community groups and labor unions have expressed public support for speedy state approval of the …
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RG Steel bankruptcy filing is settled
WHEELING – Hundreds of Upper Ohio Valley steelworkers displaced before or after RG Steel's 2012 bankruptcy filing will likely receive less than $ 1,600 each for owed vacation and severance payments after a federal judge approved a settlement between …
Read more on The Steubenville Herald-Star

A Cautionary Tale For Involuntary Bankruptcy Petitioners
The decision places another hurdle for creditors to surmount when considering whether to put a debtor in bankruptcy and creates another means for debtors to oppose such filings. It also enumerates the standard for evaluating whether a filing is in bad …
Read more on Law360 (subscription)

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