Celebrate Pro Bono Week #ProBonoTX #CelebrateProBono

Michael is proud to have been recently quoted in the Texas Bar Blog in their article, Texas legal professionals celebrate Pro Bono Week, about his involvement with Tarrant County chapter of Texas Lawyers for Texas Veterans (TLTV). Those who know him know his dedication to serving the less privileged in our community. In particular, the Tarrant… Continue reading Celebrate Pro Bono Week #ProBonoTX #CelebrateProBono

South Korea’s STX Offshore & Shipbuilding Co. Files for US Bankruptcy Protection

South Korean STX Offshore and Shipbuilding Company filed for Chapter 15 bankruptcy protection on October 19, 2016 in Texas. The filing comes as “a bid to stop creditors from trying to seize its assets in the U.S. as the troubled shipyard looks to sell its business overseas.” Chapter 15 bankruptcies deal with cross-border/international insolvencies. “Under Chapter… Continue reading South Korea’s STX Offshore & Shipbuilding Co. Files for US Bankruptcy Protection

Parent Company of Luminant and TXU Energy Out of Bankruptcy

TCEH Corp., which owns Luminant and TXU Energy, has finally emerged from bankruptcy proceedings. TCEH Corp. is the new company that is basically what’s left of Energy Future Holdings (the energy company that filed for bankruptcy protection about two years ago and owned Luminant, TXU Energy, and Oncor). The announcement came from Delaware Bankruptcy Court on Monday… Continue reading Parent Company of Luminant and TXU Energy Out of Bankruptcy

Nine Hospital Bankruptcies in 2016

Becker’s Hospital Review has pointed out that there have been nine hospitals across the country that have filed for bankruptcy so far this year. You can read their article if you click here. The following is a list of the 9 bankruptcies with links if you would like more information: Pushmataha Hospital in Antlers, Oklahoma filed for bankruptcy… Continue reading Nine Hospital Bankruptcies in 2016

Black-Eyed Pea Closes Texas Restaurants

Twelve Texas Black-Eyed Peas have been closed due to their parent company’s (Restaurants Acquisition I LLC) Chapter 11 bankruptcy filing. Their Arlington location is the only Texas location still open. “Restaurants Acquisition filed for Chapter 11 bankruptcy reorganization in December, citing revenue shortfalls and an inability to attract new capital. At the time, it owned 13 Black-eyed… Continue reading Black-Eyed Pea Closes Texas Restaurants

Las Vegas Realtor Sentenced for Bankruptcy Fraud Scheme

Former realtor Barbara Jean Dennis “pleaded guilty in February to bankruptcy fraud, admitting that she used the automatic stay provision in bankruptcy proceedings to avoid paying the mortgages, while at the same time, collecting rent from her tenants, according to a Department of Justice news release.” Dennis owned at least 12 real estate properties in Texas… Continue reading Las Vegas Realtor Sentenced for Bankruptcy Fraud Scheme

Zio’s Italian Kitchen Files for Bankruptcy

The owner of Zio’s Italian Kitchen filed for bankruptcy on Wednesday (August 7th). Zio’s is managed by FMP SA Management Group (an affiliate of Food Management Partners Inc.). Zio’s will be shutting down five of their locations and then evaluate the remaining ten locations for closure. They filed in San Antonio; the case number is 16-52041. You… Continue reading Zio’s Italian Kitchen Files for Bankruptcy