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Lehman preps bank units for sale or shutdown (Reuters)

Reuters – Lehman Brothers Holdings Inc , the bankrupt U.S. investment bank, needs at least $550 million to keep its two bank units going as it prepares to sell them or shut them down in 18 months, court documents show. See the original post here: Lehman preps bank units for sale or shutdown (Reuters) Read more here: Lehman preps bank units for sale or shutdown (Reuters) Call or visit our website to speak to a bankruptcy attorney or learn more about filing for bankruptcy . Baxter & Baxter, LLP 8835 SW Canyon Lane, Suite 130 Portland, Oregon 97225 (503) 297-9031 Portland Oregon Bankruptcy Baxter & Baxter, LLP 1101 Broadway Street, Suite 213 Vancouver, Washington 98660 (360) 574-5239 Vancouver WA Bankruptcy

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Consumer bankruptcies fell 8 percent in August (Reuters)

Reuters – Bankruptcies filings by consumers fell 8 percent in August but still remained on track to top 1.6 million filings in 2010, according to a report by the American Bankruptcy Institute (ABI). See the rest here: Consumer bankruptcies fell 8 percent in August (Reuters) View post: Consumer bankruptcies fell 8 percent in August (Reuters) Call or visit our website to speak to a bankruptcy attorney or learn more about filing for bankruptcy . Baxter & Baxter, LLP 8835 SW Canyon Lane, Suite 130 Portland, Oregon 97225 (503) 297-9031 Portland Oregon Bankruptcy Baxter & Baxter, LLP 1101 Broadway Street, Suite 213 Vancouver, Washington 98660 (360) 574-5239 Vancouver WA Bankruptcy

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Spain halves deficit with painful austerity cuts (AP)

AP – Spain’s deficit is down sharply thanks to an unpopular cocktail of tax hikes and austerity cuts — good news for a government fighting to ward off fears it might need a bailout like the one that saved Greece from bankruptcy. See original here: Spain halves deficit with painful austerity cuts (AP) Call or visit our website to speak to a bankruptcy attorney or learn more about filing for bankruptcy . Baxter & Baxter, LLP 8835 SW Canyon Lane, Suite 130 Portland, Oregon 97225 (503) 297-9031 Portland Oregon Bankruptcy Baxter & Baxter, LLP 1101 Broadway Street, Suite 213 Vancouver, Washington 98660 (360) 574-5239 Vancouver WA Bankruptcy

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Greek FinMin: markets still assessing reforms (AP)

AP – The international bond markets will likely wait until the end of the year before passing judgment on Greece’s efforts to overhaul its economy and pull itself out of a debt crisis that nearly led to the country’s bankruptcy earlier this year, the finance minister said Monday. Here is the original post: Greek FinMin: markets still assessing reforms (AP) Call or visit our website to speak to a bankruptcy attorney or learn more about filing for bankruptcy . Baxter & Baxter, LLP 8835 SW Canyon Lane, Suite 130 Portland, Oregon 97225 (503) 297-9031 Portland Oregon Bankruptcy Baxter & Baxter, LLP 1101 Broadway Street, Suite 213 Vancouver, Washington 98660 (360) 574-5239 Vancouver WA Bankruptcy

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Tribune files no new bankruptcy plan (Reuters)

Reuters – Tribune Co, struggling to win broad creditor support for its plan to emerge from bankruptcy, said on Friday it would not tweak the proposal any further at the moment. Read the original post: Tribune files no new bankruptcy plan (Reuters) Call or visit our website to speak to a bankruptcy attorney or learn more about filing for bankruptcy . Baxter & Baxter, LLP 8835 SW Canyon Lane, Suite 130 Portland, Oregon 97225 (503) 297-9031 Portland Oregon Bankruptcy Baxter & Baxter, LLP 1101 Broadway Street, Suite 213 Vancouver, Washington 98660 (360) 574-5239 Vancouver WA Bankruptcy

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India carmaker signs deal to buy Ssangyong (AFP)

AFP – India’s leading sports utility vehicle maker Mahindra and Mahindra signed a preliminary agreement Monday to take over bankrupt South Korean carmaker Ssangyong Motor, Ssangyong said. View post: India carmaker signs deal to buy Ssangyong (AFP) Call or visit our website to speak to a bankruptcy attorney or learn more about filing for bankruptcy . Baxter & Baxter, LLP 8835 SW Canyon Lane, Suite 130 Portland, Oregon 97225 (503) 297-9031 Portland Oregon Bankruptcy Baxter & Baxter, LLP 1101 Broadway Street, Suite 213 Vancouver, Washington 98660 (360) 574-5239 Vancouver WA Bankruptcy

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A year after bankruptcy, GM plans stock sale (AP)

AP – Thirteen months ago, General Motors was fighting for its life in bankruptcy court. Now, the automaker is laying the groundwork to sell stock to the public once again with the eventual goal of ridding itself of government ownership. Original post: A year after bankruptcy, GM plans stock sale (AP) Call or visit our website to speak to a bankruptcy attorney or learn more about filing for bankruptcy . Baxter & Baxter, LLP 8835 SW Canyon Lane, Suite 130 Portland, Oregon 97225 (503) 297-9031 Portland Oregon Bankruptcy Baxter & Baxter, LLP 1101 Broadway Street, Suite 213 Vancouver, Washington 98660 (360) 574-5239 Vancouver WA Bankruptcy

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GM files for landmark public share offering (AFP)

AFP – US auto giant General Motors on Wednesday took the first step to selling shares to the public, seeking to free itself from government control after pulling back from the abyss of bankruptcy. Link: GM files for landmark public share offering (AFP) Call or visit our website to speak to a bankruptcy attorney or learn more about filing for bankruptcy . Baxter & Baxter, LLP 8835 SW Canyon Lane, Suite 130 Portland, Oregon 97225 (503) 297-9031 Portland Oregon Bankruptcy Baxter & Baxter, LLP 1101 Broadway Street, Suite 213 Vancouver, Washington 98660 (360) 574-5239 Vancouver WA Bankruptcy

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GM files for IPO and plans dual listing (Reuters)

Reuters – General Motors Co filed for an initial public offering of stock on Wednesday, clearing a key hurdle toward repaying taxpayers for a controversial bailout just over a year after its bankruptcy. Go here to read the rest: GM files for IPO and plans dual listing (Reuters) Call or visit our website to speak to a bankruptcy attorney or learn more about filing for bankruptcy . Baxter & Baxter, LLP 8835 SW Canyon Lane, Suite 130 Portland, Oregon 97225 (503) 297-9031 Portland Oregon Bankruptcy Baxter & Baxter, LLP 1101 Broadway Street, Suite 213 Vancouver, Washington 98660 (360) 574-5239 Vancouver WA Bankruptcy

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Judge: Visteon retiree benefits must be restored (AP)

AP – A Delaware bankruptcy judge has told auto parts supplier Visteon Corp. that it must restore health and life insurance benefits for thousands of retirees. Originally posted here: Judge: Visteon retiree benefits must be restored (AP) Call or visit our website to speak to a bankruptcy attorney or learn more about filing for bankruptcy . Baxter & Baxter, LLP 8835 SW Canyon Lane, Suite 130 Portland, Oregon 97225 (503) 297-9031 Portland Oregon Bankruptcy Baxter & Baxter, LLP 1101 Broadway Street, Suite 213 Vancouver, Washington 98660 (360) 574-5239 Vancouver WA Bankruptcy

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