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Bankruptcy Archives

Two Holiday Inn Express hotels in Florida file for Chapter 11

With the recession and all of the lay-offs that came with it, many individuals and families have found themselves not traveling and taking vacations as much as they used to. Now, instead of taking that summer trip to Disney World in Orlando, Florida, more are now deciding to either scrap the trip all together or maybe go somewhere that would be less expensive.

Burt Reynolds reportedly in debt, may lose Florida home

It appears that the "Smokey and the Bandit" star, Burt Reynolds, has fallen into financial hard times, with some speculating that he may end up having to file for bankruptcy in order to get out of debt. For the 75-year-old movie star, if he does file for bankruptcy, it will be his second time, as he once filed for Chapter 11 bankruptcy in 1996.

Florida couples files for Chapter 11 bankruptcy

A couple who owns a Florida hotel recently filed for a personal Chapter 11 bankruptcy. And while the reasons for the bankruptcy filing were not immediately available, it is known that the hotel property is not included in the bankruptcy filing and that the couple has been involved in a number of real estate transactions and deals in the state.

Borders reaches its final chapter, announces plans to liquidate

Back in February we reported on the fact that the national bookstore chain Borders had filed for a Chapter 11 bankruptcy in the hopes of being able to reorganize debts. However, after the deadline for a sale bid came and went, the bookseller has decided to call it quits and earlier this week announced plans to liquidate.

Personal bankruptcy filings down for first six months of 2011

When looking at last month as compared to June of 2010 there was a 5 percent decrease in the overall number of personal bankruptcies filed. As of now many analysts are reporting this trend to actually be in the opposite direction of earlier predictions, and has some viewing this decrease as representing an upturn in the economy that had been down for a number of years.

Florida technology manufacturer files for Chapter 11 bankruptcy

Saying it had no cash left to keep its business operating, technology manufacturer Teltronics of Palmetto, Florida, recently filed for Chapter 11 bankruptcy. The firm told a U.S. Bankruptcy Court for the Middle District of Florida that it could not raise the money it needed to continue.

Bankruptcies down in Florida, but financial times still tough

Even though the number of bankruptcy filings for the U.S. Bankruptcy Court Middle District of Florida is reportedly decreasing, experts are saying that the tough financial times are far from over, and that many will continue to struggle.

Perkins & Marie Callender's file for bankruptcy

On Monday Perkins & Marie Callender's Inc. filed for bankruptcy citing poor economic conditions in some of their larger markets - like Florida - as the reason for the decline in business. So far 31 of the restaurants have closed.

Florida-based HearUSA files for Chapter 11 bankruptcy

The Florida-based hearing aid retailer HearUSA filed for a reorganizational bankruptcy last week. Under this Chapter 11 bankruptcy the company will sell its assets for $80 million to the international hearing-care company William Demant Holdings, and 163 employees will be laid off. If all goes as planned, the sale with Demant will happen in just a few months.

ABA Defending Liberty Pursuing Justice American Bankruptcy Institute The Florida Bar 1950 CFAWL Criminal Florida Association For Women Lawyers Orange County Bar Association
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