Taco Bueno filed for Chapter 11 Bankruptcy

Taco Bueno filed for Chapter 11 bankruptcy protection Tuesday as part of a restructuring deal aimed at helping turn around the financially struggling fast food chain. If your company is considering Chapter 11 bankruptcy protection, contact the DFW bankruptcy attorneys at Pronske & Kathman, P.C.. Let us protect your company.


Neiman Marcus Looking into Restructuring Debt

Neiman Marcus Looking into Restructuring Debt to help avoid bankruptcy.  Debt restructuring would give them more time to pay maturities and additionally help the company avoid a bankruptcy filing. If your company is considering bankruptcy or restructuring debt, call our Dallas Bankruptcy Attorneys at Pronske & Kathman, P.C. for all your bankruptcy options.


Sears’ Plan to File for Chapter 11 Protection

Sears Plan to File for Chapter 11 Protection. The company is now focused on securing financing that would fund operations through bankruptcy. If your company is considering Chapter 11 Bankruptcy, Contact the Dallas Bankruptcy Attorneys at Pronske and Kathman, P.C.


3 Largest Chapter 11 Retail Bankruptcies

Running a business over a long time can be very challenging. Even very successful companies at some point will find that their costs exceed their revenue and market conditions change. In these situations, filing Chapter 11 bankruptcy could be a great option. Over the past few decades, many notable companies have engaged bankruptcy attorneys and…


How Online Sales Sites and Apps have Bankrupted Big Retail Stores

For many business owners, the future isn’t what it used to be. This is especially true for chain retail storeowners. In the old days, a Sears or K-Mart as its central fixture dominated every mall and shopping center. But the time of the big box retail giants, like that of the dinosaurs before them, has…

Sigel’s Beverages, a 113-year-old Dallas liquor chain, has been sold to an Austin company

By Maria Halkias | From Dallas News Sigel’s Beverages has been sold to Austin-based Twin Liquors, according to bankruptcy court documents. Dallas-based Sigel’s has been operating under the protection of the bankruptcy court since October 2016. The sale to Twin Liquors was approved by the U.S. Bankruptcy Court for the Northern District of Texas in…

Unbuilt Texas Cancer Center Creditors File Ch. 11 Plan

By Jess Davis Law360, Dallas (July 5, 2016, 4:37 PM EDT) — Creditors of a planned Dallas cancer treatment facility on Friday proposed a liquidation plan that would allow billionaire energy tycoon Kelcy Warren, an investor, to recoup $13.25 million. Under a Chapter 11 plan for debtors Dallas Proton Treatment Holdings LLC and Dallas Proton…

Trustee Will Oversee Bankrupt-Unbuilt Texas Cancer Center

By Jess Davis Law360, Dallas (April 25, 2016, 9:08 PM EDT) — A Texas bankruptcy judge on Friday appointed a Chapter 11 trustee to oversee a planned Dallas cancer treatment facility after billionaire Kelcy Warren alleged his $20 million investment had been diverted to two other facilities owned by the same parent company. U.S. Bankruptcy…

In re Positron, 541 B.R. 816 (Bankr. N.D. Tex. 2015)

Issue: Whether the bankruptcy court should transfer an involuntary bankruptcy case to the venue requested by the alleged debtor. Holding: When an alleged debtor has no significant ongoing business operations, its principal asset is located in the district where the involuntary was filed, and the disposition of that asset will be the most important part…