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The bankruptcy judge dismissed the bankruptcy petition on the grounds that not all necessary branches of the municipal government had authorized the filing of the petition. Denied by courts [68] [69] Stockton, California: City 2012 291,700 Completed [70] San Bernardino, California: City 2012 209,900 $1,000,000,000 Completed [71]
The company delivered 199 new transit buses and battery systems for 1,229 vehicles in 2022. The company filed for Chapter 11 bankruptcy in August 2023. [3] In November, its assets were split into three divisions and sold off. The Proterra Powered powertrain manufacturing business line will operate as an independent company within the Volvo Group.
Chapter 7 of Title 11 U.S. Code is the bankruptcy code that governs the process of liquidation under the bankruptcy laws of the U.S. In contrast to bankruptcy under Chapter 11 and Chapter 13, which govern the process of reorganization of a debtor, Chapter 7 bankruptcy is the most common form of bankruptcy in the U.S. [1]
1999 [198] [199] She owed $194,000. [199] Heidi Fleiss: American madam: Chapter 11 [200] 1999 [200] Assets of $5,200 [200] against debt of $270,000. [200] [201] The bankruptcy followed a prison sentence on charges related to running a call-girl service. [201] Lorraine Bracco: American actress Chapter 11 [202] 1999 [202] The debts included legal ...
Originally, bankruptcy in the United States, as nearly all matters directly concerning individual citizens, was a subject of state law. However, there were several short-lived federal bankruptcy laws before the Act of 1898: the Bankruptcy Act of 1800, [3] which was repealed in 1803; the Act of 1841, [4] which was repealed in 1843; and the Act of 1867, [5] which was amended in 1874 [6] and ...
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