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Reviewing last week's solar energy news
It was also the first company to receive a loan-guarantee under the Department of Energy's loan-guarantee program, and the loan-guarantee winner to file for bankruptcy. The demise of Solyndra casts clouds over the DOE's loan-guarantee program,
Updated: 09/06/2011 03:06P
Stimulus Sucks Life out of Economy
The statement came in response to both President Obama's Thursday evening speech to Congress and the decision by solar panel manufacturer Solyndra to lay off 1100 workers and file for bankruptcy despite receiving a $535 million loan guarantee from the
Updated: 09/06/2011 03:04P
Picnic creditors file suit demanding say in World Gas deal
Creditors of Picnic Corp yesterday filed a petition with the Central Bankruptcy Court against the rehabilitation planner's request to settle a legal dispute with Asset Million over shares in World Gas. The petition was one of three filed by parties
Updated: 09/06/2011 03:04P
Chain of Bay Area community markets files for Chapter 11
A chain of community markets in California's Bay Area recently filed for protection under bankruptcy law and is seeking the highest bidder in order to sell ownership of the company. A chain of community markets in California's Bay
Updated: 09/06/2011 03:03P
Date set for Borders intellectual property auction
Now that Borders has completed its protection under Chapter 11 bankruptcy law and failed to restructure or find a suitable partner to sell to, all that is left is the auction of intellectual property. Now that Borders has completed
Updated: 09/06/2011 03:03P
Trustee requested for wireless internet provider's Chapter 11 bankruptcy case
Xanadoo, a wireless internet service provider offering high-speed fourth generation wireless, recently filed for protection under Chapter 11 bankruptcy law and is close to receiving a court-appointed trustee.
Updated: 09/06/2011 03:03P
Former employee sues Borders over lay-off rules
Jared Pinsker, who was laid off from the company's Ann Arbor headquarters in July, is suing the bookseller to collect unpaid wages and benefits, according to a lawsuit filed Friday with the US Bankruptcy Court in Manhattan.
Updated: 09/06/2011 02:59P
Starting bid on Osorio's Star Island home: $10M
But Osorio is being forced to sell the mansion in an attempt to maintain control over his estate in Chapter 11 bankruptcy. The minimum bid is $10 million. Osorio told a bankruptcy judge he plans to launch a new company partly funded by the proceeds of
Updated: 09/06/2011 02:50P
Do You Need a Bankruptcy Attorney?
You ?u?t n?ed to find ? good bankruptcy attorney th?t can make sur? you com? ?ut ?n top. First, you might be confused ?b?ut wh?ch chapter to file. Though y?u ?rob?bly know ?bout Chapter 7 ?nd Chapter 13, y?u might not kn?w mu?h ?b?ut th? ?th?r chapters
Updated: 09/06/2011 02:47P
Solyndra bankruptcy was disaster waiting to happen
News Analysis Solar manufacturer Solyndra filed for bankruptcy protection today, capping a stunning reversal for the government-backed company in a drama that's raising questions about US industrial policy in green technology.
Updated: 09/06/2011 02:35P
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