Spansion Inc. emerged from bankruptcy last week. The flash memory maker had filed for Chapter 11 protection in March 2009. 

Over the past four quarters, the company generated profit in four consecutive quarters. As part of the bankruptcy filing, the company must file a new market listing for its common stock. 

If your company has considered filing for Chapter 11 protection, contact the Austin Chapter 11 attorneys of Slater, Kennon, & Jameson, LLP, at 512-338-1100. 

Many individuals and companies may choose to file for bankruptcy because they become insolvent. In some cases, however, they are insolvent and try to prevent a bankruptcy filing. 

In this case, creditors may try to force the company into bankruptcy. One option for creditors is an involuntary bankruptcy, which forces debtors into bankruptcies so that creditors can collect debt payments. 

If you or anyone you know has questions about bankruptcy, contact the Austin bankruptcy attorneys of Slater, Kennon, & Jameson, LLP, at 512-338-1100.

When individuals file for bankruptcy, they typically include all of their debts in their intitial filing. The bankruptcy process will help the filer pay back or discharge some of these debts.

In some cases, individual filers realize that they forgot to include one of their debts in their original filing. When this occurs, individuals will likely be able to include the debt by amending their bankruptcy filing through their attorney. 

If you or anyone you know has questions about a peronal bankruptcy filing, contact the Austin personal bankruptcy attorneys of Slate, Kennon, & Jameson, LLP, at 512-338-1100. 

Erickson Retirement Communities LLC emerged from Chapter 11 bankruptcy protection last Friday. According to court reports from a Texas bankruptcy court, the company will be sold to Redwood Capital Investments for $365 million. 

The company currently runs 19 retirement communities in the United States, and it filed for bankruptcy protection in Texas last October. The court records showed that the company was forced into bankruptcy because of the recession and losses in the housing market. 

If your company has considered filing for Chapter 11 Bankruptcy, contact the Austin bankruptcy lawyers of Slater, Kennon, & Jameson, LLP, at 512-338-1100.