The Record: Bankruptcies, Sept. 13
Chapter 12, plan permitting farmers and ranchers to reorganize their financial affairs under court supervision (asset and liability schedules are not always filed with initial petition). Chapter 13, bankruptcy that provides a plan for repaying a …
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Energy Future Creditors Bemoan Loss of Higher Basis
Energy Future had negotiated a reorganization plan with some senior lenders before the April Chapter 11 filing. That plan would have used the tax-free spinoff structure. Facing opposition from some creditor groups and reluctance by the bankruptcy judge …
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Creditors petition for Old Town Fuel and Fiber's bankruptcy, claiming
The filing in U.S. Bankruptcy Court in Bangor comes after earlier attempts by several companies owed money by Red Shield to recover their debt through notices of claims filed in September with the Penobscot County Registry of Deeds. Red Shield also …
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