Bankruptcy Blog Archives

Image via Wikipedia Many of you remember the story of Enron. In the late 1990s, Enron was riding high accepting praise from entities like Fortune magazine which named Enron as America’s Most Innovative Company for every year between 1996 through 2001. They said it was one of the 100 Best Companies to Work for in [...]

According to news articles and court documents, Movie Gallery Inc. has filed bankruptcy for the second time in less than three years. The Wilsonville, Ore.-based movie rental chain said it will immediately close 760 of its 2,415 stores in a bid to remain afloat as overwhelming debt and mounting operating losses reek havoc on its [...]

Is bankruptcy court the proper venue to judge sexual crime? Evidently the US Superior Bankruptcy Court located in Delaware and handling a Catholic Diocese bankruptcy case believes it has no other choice. According to news reports, the Catholic Diocese of Wilmington, fearing more than 81 lawsuits from parishioners who claimed child sexual abuse by parish [...]

Bankruptcy is a fact of life in the United States. It happens, and it can happen to anyone. Famous people are not exempt from a bankruptcy. If you don’t believe me, just ask people like MC Hammer, La Toya Jackson, Larry King, and Margot Kidder, just to name a few of the famous on a [...]

Melvin Mourin Belli was a famous American lawyer who became known as the “King of Tort” because he won over $600 million in judgments for his clients, often famous or celebrity. Born in the California Gold Rush town of Sonora, California in 1907 to immigrants from Switzerland, Belli grew up on the West Coast graduating [...]

The Archdiocese of Portland in Oregon encompasses the western part of the state of Oregon, from the summit of the Cascades to the Pacific Ocean. The Archbishop of Portland serves as the Officer of the archdiocese whose bishop run dioceses cover the three states of Oregon, Idaho, and Montana. According to 2005 statistics provided by [...]