by Paula Greenway | Mar 14, 2011 | Alabama Bankruptcy, Chapter 11 Bankruptcy, Greenway Bankruptcy Law
Manroy, an Alabama company that makes weapons and supplies, recently paid $4.95 million to a Tennessee gun-making company in exchange for all of the bankrupt company’s assets.The exchange took place at an auction which the Tennessee company, Sabre Defence, had...
by Paula Greenway | Mar 7, 2011 | Greenway Bankruptcy Law, Jefferson County Bankruptcy, Municipal Bankruptcy
Alabama’s Jefferson County is in serious financial trouble after several alleged bribes with investors and building a new sewage system that may sink the county altogether.The county loaned money by several Wall Street banks, such as J.P. Morgan, who served as...
by Paula Greenway | Feb 28, 2011 | Student Debt, Student Loan
The number of pending student loan cases in Birmingham has significantly increased in recent years. Sixty-two lawsuits have been filed against graduated students for their unpaid loans, which is four times the amount that was filed in 2003.Along with rising tuition...
by Paula Greenway | Feb 28, 2011 | Greenway Bankruptcy Law, Student Debt, Student Loan
The number of pending student loan cases in Birmingham has significantly increased in recent years. Sixty-two lawsuits have been filed against graduated students for their unpaid loans, which is four times the amount that was filed in 2003.Along with rising tuition...
by Paula Greenway | Feb 21, 2011 | Bankruptcy Filing, Birmingham Bankruptcy, Chapter 11 Bankruptcy
Alabama Aircraft Industries, Inc., a company that is based out of Birmingham, has filed chapter 11 bankruptcy in order to reorganize their finances.The company began facing financial trouble when they lost $5.8 million in revenue. The company also had...
