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Attorneys Expect Dismissal Of Roxby Bankruptcy Cases | News, Sports, Jobs

Read the motion to dismiss Roxby Development’s Chapter 11 Bankruptcy filing WHEELING A federal attorney filed motions Thursday in U.S. Bankruptcy Court to dismiss the Chapter 11 bankruptcy cases filed by Roxby Development and Roxby McLure LLC over failure to provide proof of insurance on its properties. If those cases are dismissed, foreclosures of […]

Supreme Court Overturns 4th Circuit Ruling, Unanimously Strikes Down Part of Bankruptcy Law

Paper Source requests $1 million in bonuses amid bankruptcy as vendors languish without pay

Paper Source requests $1 million in bonuses amid bankruptcy as vendors languish without pay Christine Haughney and Liz Brown-Kaiser and Christian Peña © Provided by NBC News In the heart of the pandemic, when thousands of the nation’s retail stores were closed, the stationery chain Paper Source paid its top seven executives a combined $1.47 million in bonuses. Now that the company is in bankruptcy, its executives are seeking an additional $1 million in potential bonuses at the same time that many of the vendors it works with largely greeting card companies run by women are struggling to be repaid as little as $5,000.

US Trustee Says Alpha Media Ch 11 Plan Too Rushed

The Office of the U.S. Trustee objected Thursday to the proposed Chapter 11 disclosure statement of radio station owner Alpha Media Holdings, telling a Virginia bankruptcy court that the plan doesn't provide enough time for parties to file objections.

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