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    Jun 5, 2013 |Story| Baltimore Sun
  1. St. Mary's College in turmoil

    St. Mary's College of Maryland, which for years has enjoyed a reputation as a gem among the state's public institutions, finds itself on the defensive as a projected admissions shortfall has come to light, the president has resigned and an outspoken education critic has taken aim at the school.
    St. Mary's College of Maryland, which for years has enjoyed a reputation as a gem among the state's public institutions, finds itself on the defensive as a projected admissions shortfall has come to light, the president has resigned and an outspoken...

    Tags: Teaching and Learning, Colleges and Universities, Job Layoffs, St. Mary's County, Annapolis

  2. Jun 3, 2013 |Story| Orlando Sentinel
  3. 06/03: Bankruptcies

    Chapter 7 Central Florida individuals and businesses that have filed for liquidation under Chapter 7 of the U.S. Bankruptcy Code include: Chapter 11 Central Florida individuals and businesses that have filed for reorganization and protection from...

    Tags: Bankruptcy, Business

  4. May 29, 2013 |Story| Los Angeles Times
  5. Battery recycler Exide's problems aren't just local

    Since she was 13, Tiffany Arroyo lived with the smoke and rotten-egg smell from an Exide battery-recycling plant just blocks from her grandparents' home in Laureldale, Pa.
    Since she was 13, Tiffany Arroyo lived with the smoke and rotten-egg smell from an Exide battery-recycling plant just blocks from her grandparents' home in Laureldale, Pa. "It was horrible, just horrible, to go outside and smell it," Arroyo, now 30,...

    Tags: Economy, Business and Finance, Asthma, U.S. Environmental Protection Agency, Companies and Corporations, Standards

  6. May 28, 2013 |Blog| Cars.com
  7. Can Bob Lutz and the Chinese Save Fisker?

    KickingTires
    If Bob Lutz is winding down, you wouldn't know it. The cigar-chomping former GM product chief is responsible, at least in part, for a host of cars you see on the road today ??? among them the Chevrolet Camaro, the......

    Tags: Manufacturing and Engineering, Hybrid Vehicles, Fuel-efficient Vehicles, Bankruptcy, Automotive Equipment

  8. May 31, 2013 |Story| Chicago Tribune
  9. Congress Plaza Hotel strike ends after 10 years

    A strike at the Congress Plaza Hotel in downtown Chicago that lasted 10 years has ended.
    A strike at the Congress Plaza Hotel in downtown Chicago that lasted 10 years has ended. Unite Here Local 1, the union representing cleaning and maintenance workers, offered an unconditional return to work as of midnight Wednesday. The union Thursday...

    Tags: Television Industry, Collective Contract, Michigan Avenue, Career and Workplace, Bankruptcy

  10. May 27, 2013 |Story| Los Angeles Times
  11. Who takes hit in city bankruptcies: bondholders or workers?

    The municipal-debt market has always rested on a simple notion — that local governments would do whatever they must to repay borrowed money.
    The municipal-debt market has always rested on a simple notion — that local governments would do whatever they must to repay borrowed money. Cities wouldn't want to default on their bonds, some of which are owned by their own citizens. And they...

    Tags: Economy, Business and Finance, Career and Workplace, Employees, Bankruptcy, Pension and Welfare

  12. Jun 5, 2013 |Story| Los Angeles Times
  13. Orange County producer gets 27 years in B-movie Ponzi scheme

    An Orange County movie producer convicted of bilking mostly elderly investors out of $9.5 million in a Ponzi scam involving B movies such as “Confessions of a Pit Fighter” and “Lake Dead” has been sentenced to 27 years in state prison.
    An Orange County movie producer convicted of bilking mostly elderly investors out of $9.5 million in a Ponzi scam involving B movies such as “Confessions of a Pit Fighter” and “Lake Dead” has been sentenced to 27 years in state...

    Tags: Economy, Business and Finance, Flavor Flav, Credit and Debt, Companies and Corporations, Quinton Jackson

  14. Jun 5, 2013 |Story| Petoskey News
  15. Philadelphia building collapses kills six, injures 14

    <strong>Updated 8 a.m. Thursday.</strong>
    Updated 8 a.m. Thursday. PHILADELPHIA (AP) — Rescue workers were digging through rubble Thursday for any additional victims who may have been trapped when a building under demolition collapsed onto a neighboring thrift store, killing six people...

    Tags: Economy, Business and Finance, Companies and Corporations, Building Material, The Salvation Army, Bankruptcy

  16. Jun 5, 2013 |Story| Los Angeles Times
  17. Bankruptcy filings decline in May

    In the latest sign that the worst of the recession is receding, the American Bankruptcy Institute reported Wednesday that total filings were down 12% last month from the same period last year. Total U.S. bankruptcy filings were down to 96,430 last...

    Tags: Bankruptcy

  18. May 30, 2013 |Story| Orlando Sentinel
  19. Casey Anthony bankruptcy hearing ends without ruling

    TAMPA -- The debate continued Thursday on what's next for the defamation lawsuits against Casey Anthony, but nothing was decided after an hour-long hearing in bankruptcy court.
    TAMPA -- The debate continued Thursday on what's next for the defamation lawsuits against Casey Anthony, but nothing was decided after an hour-long hearing in bankruptcy court. U.S. Bankruptcy Judge K. Rodney May said he hopes to rule in about three...

    Tags: Crime, Law and Justice, Justice System, Judges, Lawyers, Casey Anthony

  20. May 30, 2013 |Story| Chicago Tribune
  21. 10-year strike at Congress Plaza Hotel is over

    A 10-year strike at the Congress Plaza hotel in downtown Chicago -- believed to be the longest hotel strike in the world --has ended.
    Tribune staff report
    A 10-year strike at the Congress Plaza hotel in downtown Chicago -- believed to be the longest hotel strike in the world --has ended. An attorney for the hotel said Unite Here Local 1, the union representing cleaning and maintenance workers, has offered...

    Tags: Economy, Business and Finance, Television Industry, Collective Contract, Companies and Corporations, Career and Workplace

  22. May 30, 2013 |Story| Los Angeles Times
  23. CNET founder Halsey Minor files for bankruptcy

    Halsey Minor, the CNET founder who accumulated a fortune in the tech industry, has filed for bankruptcy in Los Angeles.
    Halsey Minor, the CNET founder who accumulated a fortune in the tech industry, has filed for bankruptcy in Los Angeles. In the personal bankruptcy filing May 24, Minor cited $50 million to $100 million in liabilities with 60 creditors, and assets of $10...

    Tags: Internal Revenue Service, Bankruptcy, Bank of America Corp., HSBC Holdings plc, Sotheby's Holdings Incorporated

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Financially Distressed Companies Photos
George R. Mesires has been named co-chair of the Financ...
(February 4, 2013)
George R. Mesires , Finance and Restructuring practice co-chair, Ungaretti & Harris
He also has experience representing debtors in Chapter...
(November 18, 2012)
Matthew V. Wargin, partner, Mayer Brown
Thomas M. Lynch of Faegre Baker Daniels LLP has been ap...
(October 31, 2012)
Thomas Lynch, U.S. Bankruptcy Judge, Northern District of Illinois