Blaming a inter-island price war with competitor go! Airlines and rising crude oil prices for its woes, Aloha Airlines recently filed for Chapter 11 bankruptcy. The airline, which is seeking to stay in business, protect its employees, and honor its customer obligations, is seeking a court decision that will allow them to fulfill all three [...]
Entries from March 2008
Aloha Airlines Files Chapter 11 Bankruptcy
March 25th, 2008 · No Comments
Tags: Boca Raton Bankruptcy Attorney · Boca Raton Bankruptcy Lawyer
Former Eisner Communications Chairman Files Bankruptcy
March 12th, 2008 · No Comments
Steve Eisner, the former chairman of advertising firm Eisner Communications, Inc., recently filed for Chapter 7 bankruptcy protection with his wife, Sara Eisner, who was the company’s Chief Operating Officer. The Eisners, who listed some $4 million in liabilities, claimed only $50,000 in assets. Under Chapter 7 protection, the Eisners would be eligible to have [...]
Tags: Boca Raton Bankruptcy Lawyer
Nationwide Bankruptcy Filings Increase in February
March 12th, 2008 · No Comments
According to figures released by the American Bankruptcy Institute (ABI) recently, the number of consumers filing for bankruptcy protection rose 15% in February compared to January. A total of 76,120 bankruptcy cases were filed in February, over 10,000 more than in January. More people also opted for Chapter 7 protection, accounting for about 63% of [...]