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	<title>Hamernik Headlines &#187; Industry Insights</title>
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		<title>Hotel and Hospitality Industry Update</title>
		<link>http://www.hamernik.com/blog/index.php/2011/06/hotel-and-hospitality-industry-update/</link>
		<comments>http://www.hamernik.com/blog/index.php/2011/06/hotel-and-hospitality-industry-update/#comments</comments>
		<pubDate>Tue, 14 Jun 2011 21:22:25 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Engagements]]></category>
		<category><![CDATA[Hamernik Headlines]]></category>
		<category><![CDATA[Industry Insights]]></category>
		<category><![CDATA[Hotel and Hospitality Industry]]></category>
		<category><![CDATA[restructuring]]></category>
		<category><![CDATA[State of Indiana Department of Revenue]]></category>

		<guid isPermaLink="false">http://www.hamernik.com/blog/?p=676</guid>
		<description><![CDATA[As a follow-up to Hamernik’s 2010 blog regarding the Hotel and Hospitality Industry, here are a few worthy nuggets gleaned from Hamernik’s continuing experience working with numerous clients and over 20 different hotel assets spread throughout the Midwest:
Financing sources for hotels are currently non-existent.  
As part of restructuring efforts for our limited-service hotel clients, Hamernik [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Bankruptcy filings ease slightly in Indiana</title>
		<link>http://www.hamernik.com/blog/index.php/2011/03/bankruptcy-filings-ease-slightly-in-indiana/</link>
		<comments>http://www.hamernik.com/blog/index.php/2011/03/bankruptcy-filings-ease-slightly-in-indiana/#comments</comments>
		<pubDate>Fri, 04 Mar 2011 15:15:54 +0000</pubDate>
		<dc:creator>admin2</dc:creator>
				<category><![CDATA[Hamernik Headlines]]></category>
		<category><![CDATA[Industry Insights]]></category>
		<category><![CDATA[bankruptcy]]></category>
		<category><![CDATA[Bankruptcy filings]]></category>
		<category><![CDATA[Indiana Business Journal]]></category>

		<guid isPermaLink="false">http://www.hamernik.com/blog/?p=669</guid>
		<description><![CDATA[Source and permission granted by:  Indiana Business Journal (www.ibj.com) - February 28, 2011
Bankruptcy filings in Indiana dipped slightly in 2010—the first decline in four years—and showed a late-year slowdown that may indicate consumers are starting to manage their finances better.
Filings in the Southern District of Indiana, which encompasses Indianapolis and the surrounding counties, totaled 28,901 last [...]]]></description>
		<wfw:commentRss>http://www.hamernik.com/blog/index.php/2011/03/bankruptcy-filings-ease-slightly-in-indiana/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>2010 Bankruptcies in Review</title>
		<link>http://www.hamernik.com/blog/index.php/2011/01/2010-bankruptcies-in-review/</link>
		<comments>http://www.hamernik.com/blog/index.php/2011/01/2010-bankruptcies-in-review/#comments</comments>
		<pubDate>Mon, 24 Jan 2011 16:15:22 +0000</pubDate>
		<dc:creator>admin2</dc:creator>
				<category><![CDATA[Hamernik Headlines]]></category>
		<category><![CDATA[Industry Insights]]></category>
		<category><![CDATA[2010 Bankruptcies]]></category>
		<category><![CDATA[Bankruptcydata.com]]></category>
		<category><![CDATA[Blockbuster]]></category>
		<category><![CDATA[consumer bankruptcy filings]]></category>
		<category><![CDATA[Inc.]]></category>
		<category><![CDATA[The Great Atlantic & Pacific Tea Company]]></category>
		<category><![CDATA[Wall Street Journal]]></category>

		<guid isPermaLink="false">http://www.hamernik.com/blog/?p=659</guid>
		<description><![CDATA[Recently published on BankruptcyData.com were the Top 20 bankruptcies of 2010.  The pre-petition assets amounted over 73 billion and included Banking/Financial, Real Estate, Retail, Entertainment, Marketing/Advertising, Satellite and Airfreight Services.  Of the 20 companies, the top five filings consisted of pre-petition assets amounting to over 45 billion within the financial and real estate industries, respectively.  [...]]]></description>
		<wfw:commentRss>http://www.hamernik.com/blog/index.php/2011/01/2010-bankruptcies-in-review/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Number of Public Companies Filing for Chapter 11 or Chapter 7</title>
		<link>http://www.hamernik.com/blog/index.php/2010/11/number-of-public-companies-filing-for-chapter-11-or-chapter-7-4/</link>
		<comments>http://www.hamernik.com/blog/index.php/2010/11/number-of-public-companies-filing-for-chapter-11-or-chapter-7-4/#comments</comments>
		<pubDate>Fri, 19 Nov 2010 15:24:54 +0000</pubDate>
		<dc:creator>admin2</dc:creator>
				<category><![CDATA[Hamernik Headlines]]></category>
		<category><![CDATA[Industry Insights]]></category>
		<category><![CDATA[Bankruptcy Almanac]]></category>
		<category><![CDATA[chapter 11]]></category>
		<category><![CDATA[Chapter 7]]></category>
		<category><![CDATA[Public Companies]]></category>

		<guid isPermaLink="false">http://www.hamernik.com/blog/?p=610</guid>
		<description><![CDATA[














Bankruptcy Almanac


 


Year
Filings 1/1-11/7
 
Assets* of Filings 1/1-11/7
Total Number of Filings
Total Pre-Petition Assets*


2000
 
141
 
 
$71,202
 
179
 
$98,763


2001
 
224
 
 
$175,131
 
263
 
$257,437


2002
 
192
 
 
$286,794
 
220
 
$394,782


2003
 
162
 
 
$94,758
 
172
 
$97,997


2004
 
82
 
 
$30,887
 
92
 
$47,677


2005
 
84
 
 
$106,612
 
86
 
$133,843


2006
 
53
 
 
$21,111
 
66
 
$22,104


2007
 
61
 
 
$62,690
 
78
 
$70,525


2008
 
104
 
 
$1,106,055
 
138
 
$1,159,351


2009
 
185
 
 
$554,620
 
210
 
$593,277


2010
 
86
 
 
$66,837
 
 
 
 


*Assets in $mils 
 
 
 
 
 
 
 



Source:  Bankruptcydata.com November 2010
]]></description>
		<wfw:commentRss>http://www.hamernik.com/blog/index.php/2010/11/number-of-public-companies-filing-for-chapter-11-or-chapter-7-4/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Hamernik Appointed Sole Manager.</title>
		<link>http://www.hamernik.com/blog/index.php/2010/08/hamernik-appointed-sole-manager-2/</link>
		<comments>http://www.hamernik.com/blog/index.php/2010/08/hamernik-appointed-sole-manager-2/#comments</comments>
		<pubDate>Mon, 23 Aug 2010 20:20:49 +0000</pubDate>
		<dc:creator>admin2</dc:creator>
				<category><![CDATA[Assessments]]></category>
		<category><![CDATA[Engagements]]></category>
		<category><![CDATA[Hamernik Headlines]]></category>
		<category><![CDATA[Industry Insights]]></category>
		<category><![CDATA[distribution on claims]]></category>
		<category><![CDATA[Kevin Hamernik]]></category>
		<category><![CDATA[LOI]]></category>
		<category><![CDATA[Sale]]></category>
		<category><![CDATA[Sole Manager]]></category>

		<guid isPermaLink="false">http://www.hamernik.com/blog/?p=470</guid>
		<description><![CDATA[8/13/2010     -   On July 23, 2010, Kevin Hamernik was appointed the sole manager of an Iowa manufacturing company.  Later that day, the officers and all but two employees were terminated with the intentions of limiting unfunded expenses and preserving cash.  Phones were maintained and orders were taken to preserve goodwill.  Immediately, Hamernik began marketing the [...]]]></description>
		<wfw:commentRss>http://www.hamernik.com/blog/index.php/2010/08/hamernik-appointed-sole-manager-2/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>HAMERNIK APPOINTED CHAPTER 11 U.S. TRUSTEE</title>
		<link>http://www.hamernik.com/blog/index.php/2010/06/hamernik-appointed-chapter-11-u-s-trustee/</link>
		<comments>http://www.hamernik.com/blog/index.php/2010/06/hamernik-appointed-chapter-11-u-s-trustee/#comments</comments>
		<pubDate>Fri, 04 Jun 2010 19:33:32 +0000</pubDate>
		<dc:creator>admin2</dc:creator>
				<category><![CDATA[Engagements]]></category>
		<category><![CDATA[Hamernik Headlines]]></category>
		<category><![CDATA[Industry Insights]]></category>
		<category><![CDATA[Chapter 11 U.S. Trustee]]></category>
		<category><![CDATA[custom machine shop]]></category>
		<category><![CDATA[Debtor FLP]]></category>
		<category><![CDATA[Debtor M & S]]></category>
		<category><![CDATA[Kevin J. Hamernik]]></category>
		<category><![CDATA[United States Bankruptcy Court Southern District of Indiana-Indianapolis Division]]></category>

		<guid isPermaLink="false">http://www.hamernik.com/blog/?p=417</guid>
		<description><![CDATA[        On May 25, 2010, Kevin J. Hamernik was appointed Chapter 11 U.S. Trustee by the United States Bankruptcy Court, Southern District of Indiana, Indianapolis Division, assuming management and control for a precision machine and manufacturing company with approximately 25 employees. 
        Debtor, M &#38; S, operates a custom machine shop which produces component parts for [...]]]></description>
		<wfw:commentRss>http://www.hamernik.com/blog/index.php/2010/06/hamernik-appointed-chapter-11-u-s-trustee/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>&#8220;The Current State of Lending for Restructurings&#8221;, Panel Discussion at the Indianapolis Bar Association</title>
		<link>http://www.hamernik.com/blog/index.php/2010/04/the-current-state-of-lending-for-restructurings-panel-discussion-at-the-indianapolis-bar-association/</link>
		<comments>http://www.hamernik.com/blog/index.php/2010/04/the-current-state-of-lending-for-restructurings-panel-discussion-at-the-indianapolis-bar-association/#comments</comments>
		<pubDate>Thu, 08 Apr 2010 12:43:24 +0000</pubDate>
		<dc:creator>admin2</dc:creator>
				<category><![CDATA[Conferences & Seminars]]></category>
		<category><![CDATA[Hamernik Headlines]]></category>
		<category><![CDATA[Industry Insights]]></category>
		<category><![CDATA[ABLS]]></category>
		<category><![CDATA[bankruptcy cases]]></category>
		<category><![CDATA[DIP]]></category>
		<category><![CDATA[DIP pricing]]></category>
		<category><![CDATA[Ernst & Young]]></category>
		<category><![CDATA[Indianapolis Bar Association]]></category>
		<category><![CDATA[Jeff Hester]]></category>
		<category><![CDATA[Kevin J. Hamernik]]></category>
		<category><![CDATA[lending]]></category>
		<category><![CDATA[LLP]]></category>
		<category><![CDATA[restructuring]]></category>
		<category><![CDATA[Top Dip Lenders]]></category>

		<guid isPermaLink="false">http://www.hamernik.com/blog/?p=313</guid>
		<description><![CDATA[Few lenders doing DIPs and restructurings was summarized at the panel discussion.]]></description>
		<wfw:commentRss>http://www.hamernik.com/blog/index.php/2010/04/the-current-state-of-lending-for-restructurings-panel-discussion-at-the-indianapolis-bar-association/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Senate Successfully Passes 30-Day Extension of Recovery Act Provisions</title>
		<link>http://www.hamernik.com/blog/index.php/2010/03/senate-successfully-passes-30-day-extension-of-recovery-act-provisions/</link>
		<comments>http://www.hamernik.com/blog/index.php/2010/03/senate-successfully-passes-30-day-extension-of-recovery-act-provisions/#comments</comments>
		<pubDate>Wed, 03 Mar 2010 22:53:26 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Hamernik Headlines]]></category>
		<category><![CDATA[Industry Insights]]></category>
		<category><![CDATA[2010]]></category>
		<category><![CDATA[American Recovery and Reinvestment Act of 2009]]></category>
		<category><![CDATA[deadline]]></category>
		<category><![CDATA[extension]]></category>
		<category><![CDATA[February 28]]></category>
		<category><![CDATA[guaranty]]></category>
		<category><![CDATA[hamernik]]></category>
		<category><![CDATA[Headlines]]></category>
		<category><![CDATA[lending]]></category>
		<category><![CDATA[NAGGL]]></category>
		<category><![CDATA[National Association of Government Guaranteed Lenders]]></category>
		<category><![CDATA[SBA]]></category>
		<category><![CDATA[small business]]></category>

		<guid isPermaLink="false">http://www.hamernik.com/blog/?p=272</guid>
		<description><![CDATA[A brief update to our earlier posting regarding the SBA increased guaranty deadline of February 28. ]]></description>
		<wfw:commentRss>http://www.hamernik.com/blog/index.php/2010/03/senate-successfully-passes-30-day-extension-of-recovery-act-provisions/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>SBA Increased Guaranty Deadline</title>
		<link>http://www.hamernik.com/blog/index.php/2010/02/sba-increased-guaranty-deadline/</link>
		<comments>http://www.hamernik.com/blog/index.php/2010/02/sba-increased-guaranty-deadline/#comments</comments>
		<pubDate>Fri, 26 Feb 2010 18:34:26 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Hamernik Headlines]]></category>
		<category><![CDATA[Industry Insights]]></category>
		<category><![CDATA[2010]]></category>
		<category><![CDATA[American Recovery and Reinvestment Act of 2009]]></category>
		<category><![CDATA[deadline]]></category>
		<category><![CDATA[February 28]]></category>
		<category><![CDATA[guaranty]]></category>
		<category><![CDATA[hamernik]]></category>
		<category><![CDATA[Headlines]]></category>
		<category><![CDATA[lending]]></category>
		<category><![CDATA[NAGGL]]></category>
		<category><![CDATA[National Association of Government Guaranteed Lenders]]></category>
		<category><![CDATA[SBA]]></category>
		<category><![CDATA[small business]]></category>

		<guid isPermaLink="false">http://www.hamernik.com/blog/?p=266</guid>
		<description><![CDATA[Will Congress extend the SBA’s authority to offer a higher guaranty past the February 28, 2010 deadline? As the February 28 deadline for higher guaranty is quickly approaching, lenders and borrowers are anxiously waiting to learn whether Congress will extend the deadline.]]></description>
		<wfw:commentRss>http://www.hamernik.com/blog/index.php/2010/02/sba-increased-guaranty-deadline/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Cassidy Turley (fka Colliers Turley Martin Tucker) &#8211; The State of Real Estate ® Indianapolis 2010</title>
		<link>http://www.hamernik.com/blog/index.php/2010/02/ctmt-state-of-real-estate/</link>
		<comments>http://www.hamernik.com/blog/index.php/2010/02/ctmt-state-of-real-estate/#comments</comments>
		<pubDate>Tue, 09 Feb 2010 13:25:54 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Conferences & Seminars]]></category>
		<category><![CDATA[Hamernik Headlines]]></category>
		<category><![CDATA[Industry Insights]]></category>
		<category><![CDATA[Cassidy Turley]]></category>
		<category><![CDATA[Colliers Turley Martin Tucker]]></category>
		<category><![CDATA[commercial real estate investment]]></category>
		<category><![CDATA[CTMT]]></category>
		<category><![CDATA[Indianapolis]]></category>
		<category><![CDATA[industrial market]]></category>
		<category><![CDATA[office market]]></category>
		<category><![CDATA[retail]]></category>
		<category><![CDATA[State of Real Estate]]></category>

		<guid isPermaLink="false">http://www.hamernik.com/blog/?p=230</guid>
		<description><![CDATA[Several members of Hamernik LLC (Kevin Hamernik, Stefania Holland, and Brian Holtz) attended the annual event hosted by CTMT on Wednesday, January 20, 2010.   The event was very popular, with attendees filling the majority of the Murat Theatre in downtown Indianapolis.  
]]></description>
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		<slash:comments>0</slash:comments>
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