San Antonio Attorney Blog

Austin Solar System Installer Files for Bankruptcy Protection Austin-based Revolve Solar Inc. filed for Chapter 11 bankruptcy to restructure the company’s debt.  CEO Tim Padden said in a statement that they will continue operating. He also said that the main reason for the bankruptcy filing was a billing disagreement with a vendor.  However, he did [...]

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Logan’s Roadhouse Inc., a chain of restaurants founded in Kentucky, is reportedly getting ready to file for bankruptcy. The restaurant chain may file for Chapter 11 this month, though the plan may still change as nothing is final yet.  Logan’s, which uses the catchphrase “Where Steak Rules the Road,” has 250 locations in 26 states. [...]

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Golfsmith International, the seller of golf equipment and clothing, is exploring the possibility of filing for bankruptcy while it finds a buyer, according to some people who have knowledge of the company’s state of affairs. Golfsmith reportedly tapped Jefferies LLC investment bank to seek buyers for its approximately 150 stores, having been unsuccessful up to [...]

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The request of Sports Authority to pay bonuses for executives and conceal the terms has been denied by a bankruptcy judge.  The lawyers of the executives reasoned that they need to hide the terms of the incentives because they were receiving revolting emails from laid off employees. The bonus program was rejected by the bankruptcy [...]

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Caesars Entertainment, which sought for bankruptcy protection in January 2015, filed a motion to prevent a group of creditors who wanted to sue the casino’s parent company. The casino operating division is making efforts to leave bankruptcy through a complex deal that may fail because of the company’s value. According to experts, there seems to [...]

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Nick Denton, founder of Gawker media, was denied by a judge to receive bankruptcy court protection by extending the company’s automatic stay to him.  He could be facing personal bankruptcy after the Manhattan bankruptcy court ruling on July 19, 2016. Gawker Media, suffering from financial troubles and controversy, filed for bankruptcy protection last June.  This [...]

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C&J Energy Services filed for bankruptcy on July 20, 2016 after striking a deal of $1.4 billion debt-for-equity swap with the lenders. C&J, a well construction service provider to oil and gas producers, operates in the United States and Canada, recently filed for Chapter 11 protection in the United States Bankruptcy court in Houston.  The [...]

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New York rapper Memphis Bleek has responded to rumors that he recently filed for bankruptcy.  The rapper retweeted a post in Twitter, claiming to have a conversation with Noreaga through the phone and both just laughed off the reports. Bleek, hailing from Brooklyn, claims to possess only $100 of total cash in his assets when [...]

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After Hastings filed for bankruptcy last June 30, the company was given one week worth of extension to find another investor. According to the official statement from Hastings, the process of selling the company is a part of their effort to put the business into longevity.  Fortunately, the United States Bankruptcy Court, District of Delaware [...]

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The former bankruptcy lawyer of the National Cattle Congress of Waterloo said that the basis of foreclosure on the NCC fairgrounds and Waterloo Greyhound Park did not coincide with actual facts of the case. John Titler, a lawyer from Cedar Rapids who handled the case of NCC Chapter 11 filings during the 1990s, stated that [...]

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