On Monday, about 400 people volunteered with City Year of Milwaukee to honor Dr. Martin Luther King, Jr.’s commitment to civil rights and service.  The organization says that MLK Day is their biggest service day of the year.

One of the projects City Year planned involved 5 hours of work to beautify and repair Alexander Hamilton High School.  More than 50 students showed up at the school on their day off to help with the projects.

City Year of Milwaukee used a grant from Volunteer Wisconsin to purchase equipment and materials needed for their MLK Day service projects.  Volunteer Wisconsin helps organize service projects and groups throughout the state.

The Milwaukee bankruptcy lawyers of DeLadurantey Law Office, LLC would like to thank all who participated in service projects to better the community, Milwaukee, and the state of Wisconsin.  Read more about some of the MLK Day of Service events at the Milwaukee Journal Sentinel website.

Saab’s chief executive handed in the Swedish automaker’s bankruptcy application to a Vänersborg courthouse on Monday.

For the past two years Saab has tried to revive its company with its last attempt thwarted by General Motors, which owned the company for twenty years. Saab was trying to transfer technology to Chinese investors who planned to save the firm, but GM refused since it still owns some of Saab’s technology licenses. Experts say, however, that Chinese investors would not have been able to save Saab.

Saab is expected to be liquidated with GM buying its patent rights to use on existing or new models.

If you are having financial trouble and considering filing for bankruptcy, contact the Milwaukee bankruptcy lawyers of the DeLadurantey Law Office, LLC at 414-377-0518.

Parent company of American Airlines AMR Corp. filed for bankruptcy protection last Tuesday at the U.S. Bankruptcy Court for the Southern District of New York.

Since 2000, American Airlines has only ended the year with a profit once and since 2001, the airline has lost more than $11 billion.  According to the company, recent high fuel prices led officials to finally file for Chapter 11 bankruptcy.

Executives insist that their customers should not notice any changes to flights or service while they reorganize the business and pay off creditors.

The bankruptcy filing shows American Airlines to have around $4.1 billion in investments and cash that will allow them to continue operations.

Contact the Milwaukee bankruptcy attorneys of DeLadurantey Law Office by calling 414-377-0518, if you or someone you know has questions about filing for bankruptcy and would like to speak with an experienced and compassionate bankruptcy lawyer.