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October 2012 Archives

'Popcorn lung' lawsuit winner files for bankruptcy

Debilitating workplace injuries can result in victims and their families losing their livelihoods or loved ones, but there are legal remedies that can be pursued. However, even when an accident victim is awarded significant compensation by a court, that person is not immune to bankruptcy further on down the road.

New documents show huge debt for college football coach

Tennessee readers who find themselves in debt may feel a little better about their financial situation when they hear about the massive debt accrued by a popular Arkansas college football coach. Recently released documents show that the coach has debts totaling in excess of $25 million, while his assets are only around $1.2 million. The records show that the man owes the majority of this debt - around $20 million - to a single entity in Louisville.

Hawker Beechcraft's bankruptcy puts other case on hold

Filing for bankruptcy is a difficult decision for business owners, and Tennessee residents considering such proceedings should be fully aware of their rights and responsibilities under the law. If a company files for commercial bankruptcy, there may be additional legal actions required if the company is involved in other pending court cases.

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