Donny Caccamise and Tom Spence

ON AIR NOW

Donny Caccamise and Tom Spence

2:00pm - 4:00pm

Contact
Local News


Thousands of companies file for Chapter 11 protection every year in the U.S. The Bend Bulletin is just one of the latest companies seeking protection from its creditors. Bend bankruptcy attorney Jon Basham says the Bend Bulletin is looking to renegotiate its $18 million in loans, it owes Bank of America. Chapter 7 is businesses shutting down, they are liquidating. They are not trying to restructure their debt. Chapter 11 wants to continue operating and restructure some debt. The Bend Bulletin has had to pay $2 million in penalties and fees to Bank of America over the last couple years. They hope to reorganize their debt over the next six months.

 

 

Share
Help Puerto Rico

Most organizations are asking for cash, rather than supplies, so they can route help to where it’s needed most more quickly. Here are some of the largest groups with campaigns underway:

 

Traffic

 

 

  • Click on the link for the latest conditions on the mountain passes.

 

  • Intersection of NW Broadway Street and NW Delaware for waterline replacement project, road closures with detours clearly marked for thru traffic, 7 a.m. – 4 p.m. daily with roads opened nightly. Motorists are encouraged to avoid this area and use Bond Street and Wall Street.

 

  • Nels Anderson Road between Nels Anderson Place and Brandis Court, single northbound shoulder closure will be in effect, two-way traffic to be maintained. Project completion expected December 2017.