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netDockets Bankruptcy & Corporate Restructuring Blog

The netDockets Bankruptcy & Corporate Restructuring Blog is a leading source for the latest news from the largest corporate bankruptcies in the United States. Provided by netDockets - the leading research tool for corporate bankruptcy.
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Asset Resolution Cases Headed to Nevada

Nov 25, 2009
Judge Arthur Gonzalez (S.D.N.Y.) entered an opinion today granting two motions, which were opposed by the debtors and the Offical Committee of Unsecured Creditors, to transfer the chapter 11 cases of Asset Resolution LLC and 14 special purpose...

BlueHippo Funding Files Chapter 11 After Funding Freeze and FTC Action

Nov 24, 2009
On November 23, 2009, Distinctive Call Response, Inc., BlueHippo Funding, LLC and a number of other affiliates filed for chapter 11 protection in a move that the companies blamed upon actions taken by their payment processor, First Region's Bank,...

Details of Reader's Digest's October 2009 Financial Results

Nov 24, 2009
On Sunday, The Reader's Digest Association, Inc. and its affiliates filed their consolidated Monthly Operating Report for the month of October 2009. The companies voluntarily filed for chapter 11 protection in New York on August 24, 2009 and the filing...

GSI Group, Inc. Files Bankruptcy in Delaware

Nov 23, 2009
Early Friday morning, GSI Group Inc. and two affiliates (the lead bankruptcy case is the case of GSI's affiliate MES International, Inc.) voluntarily filed for chapter 11 bankruptcy protection in Delaware. The companies have 29 other affiliates (10 in...

Axiant, Mann Bracken-Affiliated Collections Company, Files Chapter 11

Nov 23, 2009
On Friday, Axiant, LLC (also known as MBSolutions, LLC) filed for chapter 11 protection in Delaware in order to conduct a competitive auction process to sell substantially all of its assets. To that end, Axiant has entered into a stalking horse term...


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