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Obama Officials Sat In On Solyndra Board Meetings “For Months” While Company
The early morning search was a joint operation involving the FBI and the Energy Department's inspector general, indicating the focus of the investigation, at least in part, is a $535 million government loan to the solar company.
Updated: 09/09/2011 10:56A
Chris Whalen Says BofA (BAC) Should File For Bankruptcy or Government Will
Founder and managing director of Institutional Risk Analytics Chris Whalen believes Bank of America (NYSE: BAC) has no hope and should declare bankruptcy now. Whalen's comments are not based on the company's financial standings and said BofA does not
Updated: 09/09/2011 10:56A
FairPoint to slash 400 jobs, about 10% of workforce
FairPoint filed for bankruptcy in October 2009 (CP: FairPoint initiates voluntary Chapter 11 proceeding) with about $2.8 billion in debt, much of taken on during the independent telco's 2008 acquisition of former Verizon
Updated: 09/09/2011 10:47A
Another coastal developer files for bankruptcy
A second coastal housing venture in two weeks has filed for Chapter 11 bankruptcy reorganization, leaving in question the future of half a square mile of waterfront property. The entity, Bath Bridgewater South LLC, appears to be related to Bridgewater
Updated: 09/09/2011 10:42A
Seventh Circuit: failure to file proof of claim does not foreclose your rights
After Alexander filed for bankruptcy, Kondaur and Prime filed motions seeking relief from the automatic stay to resume their foreclosure proceedings. Kondaur and Prime asserted that relief from the stay was warranted because their interests were not
Updated: 09/09/2011 10:40A
Uncertainty looms for Schoolcraft County budget
Commissioner Craig Reiter questioned whether the mill's taxes would have to be paid regardless of bankruptcy, and if the county would be able to secure a loan from a financial institution until the mill was able to pay. "When they go into bankruptcy,
Updated: 09/09/2011 10:38A
Saab Story
Saab officials say they intend to appeal the decision by the Vanersborg District Court but observers have begun to believe that the financially strapped maker might now be forced into an involuntary bankruptcy - even though several Chinese companies
Updated: 09/09/2011 10:33A
Accenture Could Add To Your Net Worth
Arthur Andersen went away in the wake of its client, Enron's, bankruptcy. But before that, its consulting unit, Andersen Consulting, was spun off. Once that Andersen name was tainted, Andersen Consulting became Accenture (NYSE:ACN), and it went public
Updated: 09/09/2011 10:22A
Research and Markets: Best Practices for Writing Opinion Letters as a
In this audioconference, ExecSense provides bankruptcy lawyers with tips, techniques, and guidance on how to navigate the legal standards, sensitive client issues, and very-real potential for legal exposure surrounding writing opinion letters.
Updated: 09/09/2011 10:21A
FBI Raids Solyndra Offices
The firm had filed for bankruptcy last week after receiving a $535 million loan from the government last year. The Fremont, California-based solar firm was the focus of multiple search warrants, which were issued as part of an investigation initiated
Updated: 09/09/2011 10:18A
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