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City agrees on settlement in bankruptcy cases for businessman Billy Abraham
... our efforts to honor our heritage and fortify the local economy by investing in the preservation and restoration of historic buildings,” interim City Attorney Karla Neiman said. The U.S. Bankruptcy Court approved the terms of the settlement
Updated: 09/21/2018 06:54P

Atlantic City's Woes Stem From Relying On Casino Tax: Report
The combination of plummeting property tax revenues, along with rising costs of debt service and the city's structural expenses brought Atlantic City closer to bankruptcy. By 2015, the city balanced its budget by relying on a significant increase in
Updated: 09/21/2018 06:44P

Atlantic City's Woes Stem From Relying On Casino Tax: Report
The combination of plummeting property tax revenues, along with rising costs of debt service and the city's structural expenses brought Atlantic City closer to bankruptcy. By 2015, the city balanced its budget by relying on a significant increase in
Updated: 09/21/2018 06:44P

City Agrees to Settlement Agreement on Abraham Bankruptcy; Buildings to be Sold
Under the terms of the settlement agreement, the bankruptcy trustee has agreed to sell several of Mr. Abraham's most historic buildings in El Paso's downtown, including the Kress Building, American Furniture Building, Caples Building, and other iconic ...
Updated: 09/21/2018 05:37P

City Agrees to Settlement Agreement on Abraham Bankruptcy; Buildings to be Sold
Under the terms of the settlement agreement, the bankruptcy trustee has agreed to sell several of Mr. Abraham's most historic buildings in El Paso's downtown, including the Kress Building, American Furniture Building, Caples Building, and other iconic ...
Updated: 09/21/2018 05:37P

New California law helps utilities with wildfire lawsuits
SACRAMENTO, Calif. (AP) — Gov. Jerry Brown signed a measure Friday allowing utilities to bill their customers to pay for future legal settlements stemming from devastating 2017 wildfires, even if the blazes are blamed on the company's mismanagement.
Updated: 09/21/2018 03:45P

Legal Privilege Pitfalls and Perils in Bankruptcy
Bankruptcy can considerably complicate the evaluation of legal privilege, due to the presence of shifting corporate control, parties with rapidly changing stakes, and fiduciary duties owed to multiple entities with differing interests. Though common
Updated: 09/21/2018 03:35P

Firm behind boutique hotels in Durham, Cary files for bankruptcy
Senior Staff Writer, Triangle Business Journal. Sep 21, 2018, 3:13pm EDT Updated 6 hours ago. The company behind two boutique inns has filed for Chapter 11 bankruptcy protection, and is blaming road construction in Cary for its financial struggles.
Updated: 09/21/2018 03:28P

Firm behind boutique hotels in Durham, Cary files for bankruptcy
Senior Staff Writer, Triangle Business Journal. Sep 21, 2018, 3:13pm EDT Updated 6 hours ago. The company behind two boutique inns has filed for Chapter 11 bankruptcy protection, and is blaming road construction in Cary for its financial struggles.
Updated: 09/21/2018 03:28P

Putnam stares down hedge funds on big shopping mall bet
BOSTON, Sept 21 (Reuters) - Putnam Investments has placed a large, concentrated bet that struggling U.S. shopping malls can transform themselves even as key tenants shut stores or file for bankruptcy. So far, it is winning - to the chagrin of hedge
Updated: 09/21/2018 03:01P

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