As more municipalities file Chapter 9, the more these kinds of retirement deals will be broken.
Stockton is the largest city in the nation to file Chapter 9, as the city was encumbered with rising retiree health-care costs, decreasing tax revenues and a high foreclosure rate.
The environmental liabilities contributed to its need to file for Chapter 11 protection, the settlement said.
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On April 15, 2008, Esmerian caused Fred Leighton to file for Chapter 11 bankruptcy protection.
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Absent some regulatory relief Maxxam's timber business, according to the latest filings, may be forced to sell off operations and file for Chapter 11.
As the creator of iconic games like Asteroids, Centipede and Pong it saddens me to see video game trailblazer Atari file for Chapter 11 bankruptcy.
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In a statement, the Solyndra said it would file for Chapter 11 bankruptcy while exploring a sale of the business or licensing its thin-film photovoltaic technology.
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In the latest bankruptcy by a big newspaper publisher, the holding company for MediaNews said it planned to file for Chapter 11 in a prepackaged agreement with creditors.
If the magazine cannot be sold it might file for Chapter 11 bankruptcy protection, a move already taken by many of the high-tech companies the Industry Standard once covered.
In addition to several House and Senate subcommittees, the Justice Department and Securities and Exchange Commission are investigating Enron's swift collapse and its decision to file for Chapter 11 bankruptcy protection December 2, 2001 -- the largest such filing in U.S. history.
Early Monday morning, Lehman said it would file for Chapter 11 bankruptcy protection in New York for its holding company in what would be the largest failure of an investment bank since the collapse of Drexel Burnham Lambert 18 years ago, the Associated Press reported.
While General Motors and Chrysler were forced to file for bankruptcy in 2009, Ford Motor managed to avoid Chapter 11.
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Many observers think Delta will file for bankruptcy later this year, perhaps before October 17th when the rules governing Chapter 11 are changed to limit the time companies can spend restructuring under its protection.
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