source for article: Business Week, June 20, 2008 by John Tozzi
The year 2007 started well for for Jay Allen and his wife, Sarah Lee-Allen. The couple had earlier borrowed $850,000 from California Bank & Trust to buy Tucson-based Omega Wallbeds, a seven-employee custom wallbed maker. Sales were so brisk that the Allens were repaying the [...]
source for this article: New York Times, July 28, 2008
Banks struggling to recover from multibillion-dollar losses on real estate are curtailing loans to American businesses, depriving even healthy companies of money for expansion and hiring.
Two vital forms of credit used by companies – commercial and industrial loans from banks, and short-term “commercial paper” not backed [...]
source for aricle: New York Times
Mervyn’s and the parent company of Bennigan’s both filed for bankruptcy protection yesterday, providing more evidence that the pace of corporate flame-outs is accelerating.
Only half way through 2008, billion-dollar bankruptcies are at their highest level in five years, according to BankruptcyData.com, which tracks bankruptcy filings. A total of seven United [...]
[ July 31, 2008 to August 2, 2008. ]
4th Annual Mid-Atlantic Bankruptcy Workshop
Hyatt Regency, Chesapeake Bay
Cambridge, MD
July 31 – August 2, 2008
An extraordinary Eastern Shore experience awaits you at the Hyatt Regency Chesapeake Bay Golf Resort, Spa & Marina. Beautifully situated on the banks of the Choptank River, the 400-acre Cambridge hotel provides a relaxing and comfortable experience for you and your family.
The [...]
[ July 16, 2008 to July 19, 2008. ]
13th Annual Southeast Bankruptcy Workshop
The Ritz-Carlton Amelia Island
Amelia Island, Florida
July 16-19, 2008
Join ABI for a healthy dose of Southern hospitality at the 13th Annual Southeast Bankruptcy Workshop, held again at the stunning Ritz-Carlton, Amelia Island. One of the most popular beach destinations on the East Coast, this barrier island resort, located on a grand stretch [...]
[ July 10, 2008 to July 13, 2008. ]
15th Annual Northeast Bankruptcy Conference
July 10 – 13, 2008
Ocean Edge Resort & Club
Brewster, Massachusetts
Back again by popular demand: The Northeast Consumer Forum will be held for the third time in conjunction with the Northeast Bankruptcy Conference. Registration is separate for this exclusive and exciting program. To register and for additional information click on the tab [...]
