Bankruptcy News

The U.S. Bankruptcy Court approved Indianapolis Downs’ Second Amended Joint Plan of Reorganization.

School Specialty filed with the U.S. Bankruptcy Court a Joint Chapter 11 Plan and related Disclosure Statement.

K-V Pharmaceutical filed with the U.S. Bankruptcy Court a First Amended Joint Chapter 11 Plan and Disclosure Statement. 

Dex One (fka R.H. Donnelley Corporation) and 11 affiliated Debtors filed for Chapter 11 protection...

The U.S. Bankruptcy Court confirmed Southern Air Holdings’ Second Amended Joint Plan...

Education Holdings 1’s Modified Prepackaged Chapter 11 Plan of Reorganization became effective...

Certain Holders of Ahern Rentals’ 9 1/4% Senior Secured Second Lien Notes due 2013 filed with the U.S. Bankruptcy Court a Second Amended Plan of Reorganization and related Disclosure Statement.

Geokinetics and nine affiliated Debtors filed for Chapter 11 protection...

The U.S. Bankruptcy Court confirmed LodgeNet Interactive’s Amended (Prepackaged) Plan of Reorganization and concurrently approved the related Disclosure Statement’s adequacy.

The U.S. Bankruptcy Court confirmed Grubb and Ellis’ Joint Chapter 11 Plan of Liquidation.

I don’t normally comment on individual stocks in this particular blog, but the MGIC situation represents a basic investment principle that is worthy of discussion here.

Price-to-Earnings ratios are probably the most widely used tool for comparing the relative values of different stocks.

This question comes up frequently when the market takes a dip.