Amid Bankruptcy Rumors, Borders Announces Closing of its Tennessee Distribution Center

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Many are asking if book seller Borders can avoid a bankruptcy filing given its continued negative financial situation. Nearly 300 Borders employees in Middle Tennessee were told yesterday that the Lavergne Borders Distribution Center would close in July. Ouch! Last March approximately 120 employees were cut from the payroll. The parent company, Borders Group, Inc. […]

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Being in financial difficulty isn’t about your character and it apparently isn’t about your looks either. The Associate Press reported today that the Las Vegas nightclub owned by Eva Longoria, one of the “Desperate Housewives” filed for Chapter 11 bankruptcy. Chapter 11 bankruptcy allows the debtor to reorganize its financial affairs and pay its debts […]

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On the eve of the deposition of Milwaukee Bishop Richard Sklba the Archdiocese of Milwaukee filed a Chapter 11 Bankruptcy petition. Like many of the other divisions of the Catholic Church who have been defending numerous child sex abuse cases, the church released a statement saying that the filing was necessary to reduce the significant […]

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The International Storytelling Center has seen the effects of the difficult economy and filed for Chapter 11 Chapter 11 bankruptcy protection on December 31st. Chapter 11 Bankruptcy allows a business to restructure its financial affairs and continue business operations. If you’ve ever been to the Story Telling Festival in Jonesborough you’d wonder how they could […]

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The economic recession has taken its toll on yet another high flyer, the publisher of the National Enquirer. Because of rising printing costs and its customers reluctance to purchase the scandal focused newspaper the publisher filed a Chapter 11 in November accompanied by what is known as a pre-packaged plan. A pre-packaged plan usually is […]

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Usually when a governor leaves office all we hear about are the pardons issued during the last week of the term. Many Tennesseans will recall that Lamar Alexander actually took the governor’s oath early to prevent a scandalous grant of additional pardons by the then sitting Governor Winfield Dunn. However, New York’s departing Gov. David […]

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If you want to really kill your budget, build your finances around the use of credit cards from month to month. Many Americans use the credit cards to permit them to overspend, with the expectation that things will get better “next month.” If you ever been to Los Vegas, you’ll notice the casinos are really […]

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State Trooper Robert Eckerman has been fighting to get a chance to present his claim of discrimination based upon his political affiliation to a jury of his peers. The trial court found that his case should be dismissed. However, in the 6th Circuit Court of Appeals which includes Tennessee, in Robert Eckerman v. Tennessee Department […]

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Amid Bankruptcy Rumors, Borders Announces Closing of its Tennessee Distribution Center

Being Knockout Gorgeous Didn’t Stop Eva Longoria’s Vegas Nightclub From Filing Chapter 11 Bankruptcy

Sex Abuse Lawsuits Force Milwaukee Archdiocese into Chapter 11 Bankruptcy

Sometimes a Story isn’t Good Enough. Johnson City Story Telling Center files Chapter 11 Bankruptcy

Pre-packaged Bankruptcy Plan for the National Enquirer Approved by Bankruptcy Judge

New York Does What Tennessee Did Earlier in 2010: Increase Exemptions in Bankruptcy

Credit Cards, the Silent Killer

6th Circuit Court of Appeals Says Let the Jury Hear State Trooper’s Complaints