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Giants Unit Looks to Stiff-Arm Lehman in Stadium Case
The decision to go with Lehman for a portion of the construction financing, and the investment bank's subsequent bankruptcy, landed the funding unit, Giants Stadium LLC, in a nearly three-year-long legal battle over how much it is owed.
Updated: 09/08/2011 04:40P
Struggling FairPoint to lay off 400 workers
FairPoint officials said Thursday most of the job cuts are in Maine, New Hampshire and Vermont. Twenty-five jobs are being cut in the other 15 states where FairPoint operates. The job cuts include about 100 management positions and 300
Updated: 09/08/2011 04:38P
KTVN Channel 2 - Reno Tahoe News Weather, Video - Feds investigate solar firm
(AP) - FBI agents have executed search warrants at the headquarters of a California solar panel manufacturer Solyndra, which received more than $500 million in federal loan guarantees before filing for bankruptcy last week.
Updated: 09/08/2011 04:10P
FBI searches Solyndra offices in California
LOS ANGELES, Sept 8 (Reuters) - FBI agents searched the offices of Solyndra on Thursday, the US solar start-up that received millions of dollars in federal loan guarantees before filing for bankruptcy this week. The search comes amid intensifying
Updated: 09/08/2011 04:08P
Iconic Arkansas Ice Cream Store Files for Chapter 7 Bankruptcy
The company reportedly filed for Chapter 7 bankruptcy, citing some $15.7 million in debts and only $8 million in assets, according to ArkansasBusiness.com. Many of its debts are secured by inventory and equipment, though the company also has
Updated: 09/08/2011 03:51P
Feds investigate solar firm that got $535M US loan By The Associated Press
The bankruptcy announcement was a sharp departure for a company that been held up as the model for government investment in green technology. Obama visited Solyndra last year, saying the company represented the future of American renewable energy
Updated: 09/08/2011 03:48P
FBI searches solar-panel facility after bankruptcy
Just days after Solyndra Inc. filed for bankruptcy protection, federal agents swarmed around the solar-panel maker's facilities in Fremont, Calif., to execute a search warrant. FBI agents were joined by officials from the Department of Energy's Office
Updated: 09/08/2011 03:47P
NewPage Wins Approval for Bankruptcy Loan to Keep Operating
US Bankruptcy Court Judge Kevin Gross said he would sign an order allowing the company to borrow the money for the next several weeks after attorneys for the company, the bondholders and JPMorgan Chase & Co., which is arranging the loan, work out final
Updated: 09/08/2011 03:46P
Saab faces collapse after bankruptcy protection rejected by court
Swedish car maker Saab is facing financial collapse after courts rejected its request for bankruptcy protection. By Graham Ruddick In a ruling on Thursday, the Vanersborg District Court said it "appears unclear how the company will be able to solve the
Updated: 09/08/2011 03:43P
Feds investigate solar firm that got $535M US loan
The bankruptcy announcement was a sharp departure for a company that been held up as the model for government investment in green technology. Obama visited Solyndra last year, saying the company represented the future of American renewable energy
Updated: 09/08/2011 03:41P
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