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Automakers aren't out of the woods yet
Now, the hangover of bankruptcy, recession and the Japanese earthquake in March appears far from over. If fears of weaker sales become reality, auto plants will produce fewer vehicles and employ fewer workers, while importers could cut shipments from
Updated: 09/06/2011 09:59A
Solar panel maker Solyndra files for bankruptcy protection
Washington, DC, September 6, 2011 — Solar panel manufacturer Solyndra, LLC, filed for Chapter 11 bankruptcy protections in Delaware bankruptcy court. The firm had previously received $535 million in federal loan guarantees. Solyndra joins fellow solar
Updated: 09/06/2011 09:49A
The Daily Docket: Lehman Wins Approval of Canary Wharf Deal
As expected Solyndra LLC, a solar panel maker which had earlier received $535 million in federal loan guarantees, filed for Chapter 11 bankruptcy protection early on Tuesday, making it the third US solar firm to succumb to pressure from lower-cost
Updated: 09/06/2011 09:36A
Borders, Solyndra, Lehman, Madoff, Xanadoo: Bankruptcy
Debt included $196 million on a revolving credit and $48.6 million on a term loan. Trade suppliers were owed $302 million for inventory. The case is In re Borders Group Inc., 11-10614, US Bankruptcy Court, Southern District of New York (Manhattan).
Updated: 09/06/2011 09:33A
HMRC targets tax dodging directors
Figures from the Insolvency Service reveal that in the year to March 31 2011, bankruptcy restriction orders or equivalent undertakings were obtained against 443 bankrupts because of neglect of their business - a majority of which were alleged to have
Updated: 09/06/2011 09:27A
Bankruptcy: Will my employer be told if I go bankrupt?
Bankruptcy is not a criminal offence. As such it will not be recorded or show on any CRB (criminal records) checks that your employer may take out on you. Of course there are some jobs which could be affected if you go bankrupt.
Updated: 09/06/2011 09:27A
10 Wisconsin grain elevators under new ownership
Olsen's went into bankruptcy two years ago due to its partial ownership of the financially-troubled Renew Energy ethanol plant in Jefferson. The lead creditor, the French bank BNP Paribas, objected to a court-approved sale of the mills to two
Updated: 09/06/2011 09:25A
Debra Saunders: Solyndra debacle showcases Obama's folly
The plant in which Obama stood was bankrolled with a $535 million federal loan guarantee. Two months before, PricewaterhouseCoopers questioned Solyndra's “ability to continue as a going concern.” If the president wants to send a positive message on the
Updated: 09/06/2011 09:22A
Solar Eclipse
The first penny: what is going on in the solar business that's causing companies like these to crash and burn? Isn't the solar business booming? Yes, the solar business continues to grow rapidly. One of the reasons that the industry is growing is that
Updated: 09/06/2011 09:09A
Solar firm Solyndra files for bankruptcy protection
Sept 6 (Reuters) - Solyndra LLC, a solar panel maker which had earlier received $535 million in federal loan guarantees, filed for Chapter 11 bankruptcy protection early on Tuesday, making it the third US solar firm to succumb to pressure from
Updated: 09/06/2011 08:54A
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