Archive | Bankruptcy Lawyer Knoxville

30 November 2009 ~ 0 Comments

Economic Turmoil: Companies Shedding Pensions

As more and more companies seek bankruptcy protection in this troubled economy, many pensioners are anxious to know where they stand. Recently, an auto parts supplier became the fifth in its industry to shed pension obligations. However, the government’s pension insurer has vowed to assume responsibility for the underfunded plan. This move will add about [...]

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25 November 2009 ~ 0 Comments

From the Hospital to Bankruptcy Court

As a follow-up to our last post, the New York Times discusses in this article how medical bankruptcies are rising dramatically all across the nation. Statistics are difficult to find that accurately portray the rapidly growing problem, but given the general state of the economy and continually rising medical costs, it’s not difficult to see [...]

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