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Suit seeks to block US Fidelis affiliate from gaining in bankruptcy
Among the plaintiffs is the law firm started by John Ashcroft, a former Missouri senator and US attorney general. His firm contends that US Fidelis stiffed it $676277 for consulting work it performed. A lawyer for Mepco wouldn't comment on specific
Updated: 09/09/2011 01:20A
As others see it: Postal service faces bit of change
The centuries-old post office institution is facing certain bankruptcy with a predicted $10 billion net loss this fiscal year. This is all the result of drastic revenue shortfalls and rising costs within the organization.... The postal agency has been
Updated: 09/09/2011 01:14A
Business Briefs: Bankruptcy of solar firm is investigated
FBI agents executed search warrants Thursday at the headquarters of California solar panel manufacturer Solyndra, which received more than $500 million in federal loans before filing for bankruptcy last week. Agents are working with the Department of
Updated: 09/09/2011 01:10A
Saab denied creditor protection
By AP STOCKHOLM - A Swedish court yesterday rejected automaker Saab's application for creditor protection, paving the way for possible bankruptcy filings from labor unions. The ruling by the Vanersborg District Court, which can be appealed,
Updated: 09/09/2011 01:10A
Madoff, Solyndra, NewPage, Inspirada, The Georgian: Bankruptcy
His bankruptcy case was consolidated with the firm's liquidation. Madoff is serving a 150-year prison sentence following a guilty plea. The Madoff liquidation case is Securities Investor Protection Corp. v. Bernard L. Madoff Investment Securities Inc.,
Updated: 09/09/2011 01:09A
Feds investigate bankrupt solar firm
FBI agents executed search warrants Thursday at the headquarters of California solar panel manufacturer Solyndra, which received more than $500 million in federal loans before filing for bankruptcy last week. Blue-jacket-clad agents swarmed the
Updated: 09/09/2011 01:06A
AP International NewsBrief at 12:40 am EDT
(AP) _ FBI agents executed search warrants Thursday at the headquarters of California solar panel manufacturer Solyndra, which received more than $500 million in federal loans before filing for bankruptcy last week. Blue-jacket-clad agents swarmed the
Updated: 09/09/2011 01:06A
Cape sends airport eviction lawsuit to Scott County court
The lawsuit was made possible last month when a Texas judge granted a motion to allow the city to move forward with eviction, despite the company's Chapter 11 bankruptcy protection. "It's another step along the way," Cape Girardeau Mayor Harry Rediger
Updated: 09/09/2011 01:03A
Workers in Lawrence, Massachusetts, speak on jobs crisis
Once a thriving mill town, the city now stands on the brink of bankruptcy. The city's fiscal year 2012 budget includes deep cuts to spending on services for city residents. Last year, the public works department budget, which includes sanitation
Updated: 09/09/2011 12:58A
Growing conflicts over euro crisis
The multibillion-dollar financial package aimed at avoiding state bankruptcy for Greece and other highly indebted countries has had no effect. The euro rescue package, which in 2013 is due to replace the provisional stabilisation mechanism adopted last
Updated: 09/09/2011 12:58A
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