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Receiver voids contract of Central Falls chief
By AP | September 09, 2011 CENTRAL FALLS, RI (AP) — A state-appointed receiver has voided the contract of Central Falls' police chief in an effort to help the city recover from bankruptcy. The move will eliminate nearly $10000 in benefits that police
Updated: 09/09/2011 05:20A
State-appointed receiver voids contract of Central Falls police chief to cut costs
AP CENTRAL FALLS, RI — A state-appointed receiver has voided the contract of Central Falls' police chief in an effort to help the city recover from bankruptcy. The move will eliminate nearly $10000 in benefits that police Col.
Updated: 09/09/2011 05:13A
C. Reiss Coal of Sheboygan among NewPage creditors
NewPage filed for Chapter 11 protection in US Bankruptcy court Wednesday.(CASEY LAKE/DAILY TRIBUNE) One of central Wisconsin's largest employers has filed for bankruptcy and begun working with creditors under Chapter 11 protection on a plan to
Updated: 09/09/2011 05:09A
NewPage seeks halt to pension catch-up payments
NewPage filed for bankruptcy protection on Tuesday. In documents filed in Nova Scotia Supreme Court, the company says changes "in global capital markets and borrowing rates over the past three years have affected the funded status, funding requirements
Updated: 09/09/2011 05:08A
Unpaid rent forces pub's closure
The George Street pub owes the landlord about $30000 in back rent, said Peter Baylis, who heads Mast at Dawn Restaurants Ltd., the local franchisee for the Boston-based chain of British-style pubs that filed for Chapter 11 bankruptcy protection in the
Updated: 09/09/2011 05:08A
FBI investigates bankrupt solar firm that received stimulus funds
FBI agents executed multiple search warrants on Thursday at the headquarters of California solar panel manufacturer Solyndra, which received more than $500 million in federal loan guarantees before filing for bankruptcy last week.
Updated: 09/09/2011 05:05A
Saab Auto Plunges After Creditor Protection Rejected
A Swedish court yesterday rejected Saab Automobile's petition for protection from creditors, increasing the risk that the carmaker will be headed for bankruptcy as suppliers and workers seek the money they're owed. The Vaenersborg District Court ruled
Updated: 09/09/2011 05:01A
NewPage, state legislators to schedule meeting
MIAMISBURG, Ohio — NewPage Corp. garnered approval Thursday for initial motions related to its Chapter 11 bankruptcy case, the Ohio-based papermaker announced. The US Bankruptcy Court's Delaware District approved a motion to allow JP Morgan Chase Bank,
Updated: 09/09/2011 04:58A
Snap elections on the horizon in Greece
Under mounting pressure from euro zone partners, Greece is scrambling to deliver on reforms and fiscal targets to avoid bankruptcy but its efforts seem doomed and snap elections are on the horizon. A chronically inefficient public sector,
Updated: 09/09/2011 04:51A
Bankrupt had withdrawn thousands days before declaration
A Dundee man has had a four-year bankruptcy restriction order granted against him for concealing a cash lump sum he received immediately before he was declared bankrupt. John Fernie Morris, of Craigowan Road, admitted squandering the cash on "drink and
Updated: 09/09/2011 04:49A
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