Road funding

Coopersville environmental consulting firm files for Ch. 11 bankruptcy; is considering selling to a competitor

COOPERSVILLE — A West Michigan-based environmental consulting firm has filed for Chapter 11 bankruptcy as it positions itself to sell the business to an industry competitor. Superior Environmental Corp. filed in the U.S. Bankruptcy Court for the Western District of Michigan on Feb. 25 under Subchapter V of the federal bankruptcy code, a variant of […]

Road safety

Road safety in Massachusetts will come from smarter streets and vehicles, without increasing the state’s $1 fine for jaywalking

On Thursday evening in Hyde Park, a woman was hit and killed by a vehicle – adding one more death to a death toll that has risen dramatically during the COVID-19 pandemic. Few would have predicted a link between an airborne virus and road deaths, but that’s exactly what happened: About 6,700 pedestrians nationwide died […]

Road funding

Philippine Airlines fresh out of bankruptcy falls back into turmoil

Skift grip Philippine Airlines has finally emerged from Chapter 11, with debts erased and new capital infused. But will that be enough to make it fly with clearly too many pilots in its cockpit? Maria Stella F. Arnaldo Asia’s oldest airline, Philippine airlines, has certainly been through a lot of economic turmoil in the Philippines […]

Road funding

“No risk of bankruptcy”: the boss of the DNCG on the finances of Ligue 1

” Return Talk with The TeamJean-Marc Mickeler, the boss of the DNCG (National Directorate of Management Control), the financial regulator of French football, assured that “there is no risk of bankruptcy” for Ligue 1 clubs this season, despite the Covid pandemic and the Mediapro broadcast fiasco. However, “we ask ourselves questions” on select clubs for […]

Road funding

“Take-Four”: Another Court Overturns Third-Party Authorizations – Insolvency/Bankruptcy/Restructuring

United States: “Take-Four”: Another Court Overturns Third-Party Versions January 31, 2022 Cullen and Dykman To print this article, all you need to do is be registered or log in to Mondaq.com. There has been much discussion regarding the recent appeal decision of the District Court of Purdue Pharma. See In […]

Road safety

Road Safety World Series 2022 to be played at multiple venues in India this summer

The tournament saw the participation of teams from India, England, South Africa, Sri Lanka and the West Indies in the first edition. Cricketing legends from these countries participated in the T20 tournament to entertain the fans and also raise awareness about road safety. Speculation has been rife that this year’s tournament could be moved to […]

Road funding

BH Cosmetics files for bankruptcy – WWD

BH Cosmetics, which recently created makeup lines with Doja Cat and Iggy Azalea, has filed for bankruptcy. The cosmetics brand filed for Chapter 11 bankruptcy protection in Wilmington, Del., on Jan. 14, with plans to sell its intellectual property for $4.3 million. BH sold its products online, as well as through Ulta Beauty and other […]

Road funding

Heading to bankruptcy court?

When is good news not necessarily good news? The number of bankruptcy filings has dropped significantly in the United States. This seems like good news. But is it? According to a recent CNBC report, there were 434,540 bankruptcy filings in the United States in 2021, for the year ending 9/30/21. This compares to 776,674 filings […]

Road funding

May 2021 Bankruptcy filings fall again

NEW YORK, June 08, 2021 (GLOBE NEWSWIRE) – Epiq, a global leader in technology services for the legal and business services industry, has released its May 2021 bankruptcy filing statistics from its AACER bankruptcy information service company. New deposits for May fell to 34,734 across all chapters. This is a decrease of 15% from the […]

Road funding

Nitrocrete, affiliates file for Chapter 11 bankruptcy – BizWest

FORT COLLINS – Nitrocrete LLC and four affiliated entities, including parent company Nitro Holdings LLC, have filed for Chapter 11 bankruptcy, blaming the disruption caused by the COVID-19 pandemic. Bankruptcy petitions were filed on November 18 in the U.S. Bankruptcy Court in Denver for these two entities, as well as for affiliates Nitrocrete IP LLC, […]

Road funding

Avianca comes out of Chapter 11 bankruptcy: Business Traveler USA

Airline says it will almost double its route network over the next three years Colombian airline Avianca has announced that it has exited Chapter 11 after completing its financial restructuring process. Avianca Holdings SA filed for bankruptcy in May 2020, citing “the unpredictable impact of the COVID-19 pandemic”. The carrier said it had revamped its […]