BankruptcyProf Blog

Chicago Cubs Chapter 11 - Steve Goodman is Rolling Over in his Grave

U.S. Bankruptcy Court
District of Delaware (Delaware)
Bankruptcy Petition #: 09-13496-KJC

Assigned to: Kevin J. Carey Chapter 11

Date filed:   10/12/2009

Debtor Chicago National League Ball Club, LLC 1060 West Addison Street Chicago, IL 60613 Tax ID / EIN: 26-1700347 fka Chicago National League Ball Club, Inc. dba Chicago Cubs	represented by	J. Kate Stickles Cole, Schotz, Meisel, Forman & Leonard, 500 Delaware Avenue, Suite 1410 Wilmington, DE 19801 usa 302-652-3131 Fax : 302-652-3117 Email: kstickles@coleschotz.com Norman L. Pernick Cole, Schotz, Meisel, Forman & Leonard,  Email: bankruptcy@coleschotz.com
U.S. Trustee  844 King Street, Room 2207 Lockbox #35 Wilmington, DE 19899-0035 302-573-6491

Judge Alan Jaroslovsky - A Warning to Attorneys Representing Individual Chapter 11 Debtors

Read 'em and weep as they say.  I think Judge Jaroslovsky definitely had too much coffee the morning he wrote this.  Its posted on his website so I guess he means it.   

New Median Income Figures

The median income figures beginning November 1, 2009 can be accessed here.

Central District Filings in September, 2009

In September, 2009, the Central District saw a small drop in total filings: 9,089 total filings compared to 9,740 in August, and 9,886 filings in July, 9,578 in June, 8,965 in May, 8,398 in April, 8,518 in March, 6,967 in February and 5,999 in January.  That is 58,436 for the first seven months compared 33,396 for the same seven months last year or a 75% increase.

September filings broken down by chapter:

CACB

7,009, ch 7

74, ch 11

2,006, ch 13

9,089; total

Chapter 13s were 2,180 in August, 2,053 in July, 2,291 in June, 1,988 in May.  Chapter 13 trustees received 400 new petitions each in September.    

There were 96 chapter 11 petitions in August, 71 in July, 110 in June and 66 in May. 

Filings so far in 2009:
 

CACB

59,419, ch 7

836, ch 11

17,027 ch 13

77,288, total

Same numbers Jan through September, 2008;

CACB

34,062; ch 7

604, ch 11

11,212, ch 13

45,880; total

This info can be found at the Bankruptcy Data Project.