Bankruptcy Knoxville

The city of Harrisburg, Pennsylvania is currently facing financial problems and is looking into possibly filing for bankruptcy. The city voted to hire an elite NY law firm to help them explore their options and oversee their case. Details of the contract must still be finalized. Paul Zumbro, a partner in the restructuring practice in [...]

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This could be the first time in six years that General Motors will post profits as a business. In a well-publicized and much-maligned ordeal, the company filed for bankruptcy last year. The third quarter alone of this year brought more than $2 billion in profit. These results represent an increase of 50.4 percent from the [...]

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