One of these was the Penn Central, and, in financial terms, this had been the nation's largest bankruptcy to date.
Patrick Darby, a lawyer who has been advising Jefferson County, Ala., as it navigates the country's largest municipal bankruptcy to date, said about Chapter 9 cases in general, "I think it's possible that a lot of people will convince themselves that the threat is not serious".
It is the biggest municipal bankruptcy to date in America, substantially larger than Orange County's insolvency in 1994.Rick Perry made another gaffe at the Republican presidential debates, when, after hesitating for 53 seconds, he could not remember the name of the third government agency he insisted he would shut down upon entering office.
Largely from the handiwork of Motley's firm, 30 asbestos companies have filed for bankruptcy to date, and he has personally taken home $11 million in fees.
However, starting from the first day after your bankruptcy discharge date, as your credit improves, your credit score improves.
With debts of more than $4 billion, Winstar is one of the largest telecommunications bankruptcies to date and emblematic of the crisis unfolding in the telecommunications industry.
Hamsher signed the bankruptcy filing, dated March 18, as "debtor" and is listed in a related document as "president".
He had worked on some of the most notable bankruptcy cases to date, including United Airlines, NRG Energy and TWA.
The union lawyers also questioned Mr. Buckfire and other consultants about documents that detailed internal preparations for bankruptcy, and were dated several days before the actual filing.
Industrial production dropped further than after any previous bank run, while 1907 saw the second-highest volume of bankruptcies to that date.
