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High-Profile Bankruptcies

Allmand Law Firm
March 26, 2010 High-Profile Bankruptcies

Popular Las Vegas Monorail Files for Chapter 11

Down tourism industry causes privately owned Las Vegas Monorail to file for bankruptcy protection.  The recent down economy has had a huge impact on Las Vegas, and as a result, Las Vegas Monorail filed...

Allmand Law Firm
March 25, 2010 High-Profile Bankruptcies

Bankruptcy Judge Rules That Shareholders Deserve A “Place At The Table”

Bankruptcy Judge Mary Walrath rejected a request from Washington Mutual that a court- sanctioned committee appointed to represent the interest of shareholders be disbanded, saying that shareholders have a right to a place at...

Allmand Law Firm
March 23, 2010 High-Profile Bankruptcies

MGM Mirage Might be Headed to Bankruptcy in 2010

Experts say that this might be the year that MGM Mirage has to file for Chapter 11 bankruptcy protection. Las Vegas has been at the center of much of the news concerning the recent...

Allmand Law Firm
March 22, 2010 High-Profile Bankruptcies

General Growth, Nation’s Second-Largest Shopping Mall Operator Looking to Exit Bankruptcy

General Growth struck a deal with Canada's Brookfield Asset Management that will help the company exit Chapter 11 quickly. Last April, General Growth made headlines for being part of the largest real estate bankruptcy...

Allmand Law Firm
March 18, 2010 High-Profile Bankruptcies

Bankruptcy Court Awards Debtor $14,997 Due To Employer’s Discriminatory Actions

In the Chapter 13 Bankruptcy case of Olick, Thomas W.; In re (Olick v. Kearney, et al) the bankruptcy court ruled that the debtor's former employer was liable to him for damages resulting from...

Allmand Law Firm
March 17, 2010 High-Profile Bankruptcies

Bankruptcy Judge Rules Debtors Did Not Act In Bad Faith

In the Chapter 13 bankruptcy case of Quinn, Jonathan P. and Christina E.; In re, 20 the bankruptcy court denied a creditor's motion to dismiss the debtors' case noting that the debtor did not...

Michael Jackson’s Doctor May Need A Bankruptcy Attorney

Dr. Conrad Murray, the cardiologist who reportedly was in Michael Jackson's Los Angeles mansion when the entertainer collapsed, is reportedly facing a litany of financial (and legal) problems. Most recently, the doctor who is...