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Saab Nears Collapse as Court Denies Request for Bankruptcy Protection
Published on 09/09/2011 - 12:58pm Automaker Saab has is moving close to financial collapse after a Swedish court rejected its request for bankruptcy protection on Thursday. The ruling by the Vanersborg District Court means that Saab, which has been
Updated: 09/09/2011 02:03P
Pair Charged in Fraud Scheme in Tucson
TUCSON, AZ—A federal grand jury in Tucson returned a 10-count superseding indictment this week against Marshall E Home and Margaret Elizabeth Broderick, of Tucson, for bankruptcy fraud, mail fraud, and wire fraud. The indictment alleges that Home and
Updated: 09/09/2011 02:01P
Patrick concerned about racing next week in Japan
AP Sports News Video More>> By JENNA FRYER AP Auto Racing Writer RICHMOND, Va. (AP) - Danica Patrick says she is concerned about traveling to Japan for the Sept. 18 IndyCar race at Twin Ring Motegi. MotoGP postponed their April race until October
Updated: 09/09/2011 01:58P
Obama's Jobs Speech Shows Clean Energy Isn't the "Cool Kid" Anymore
Well one thing is for sure, Solyndra's recent bankruptcy filing cemented the removal of the words “solar energy” from President Obama's speech to Congress last night where he laid out his American Jobs Act. That is,
Updated: 09/09/2011 01:46P
Judge Again Thwarts Lehman's Attempt to Make Barclays Pay Bonus Claims
Barclays (NYSE:BCS) got a break again as US Bankruptcy Judge James Peck announced hits decision in favor of Barclays in the ongoing legal tussle with Lehman Brothers Holdings. [1] The earlier attempt to squeeze out $11 billion from Barclays under the
Updated: 09/09/2011 01:46P
Lower-Level Lehman Managers Scramble for Piece of Insurance Pie
Mr. Fuld and several others want court permission to use $90 million from the policy to settle a lawsuit filed by shareholders and have already paid out more than $23 million from the policy in recent months to settle two other disputes and pay legal
Updated: 09/09/2011 01:42P
Lee Enterprises Lenders Agree to $904.5 Million Refinancing
A $689.5 million first-lien term loan will mature in December 2015, instead of 2012, the company said yesterday in a press release. The debt will pay 6.25 percentage points more than the London interbank offered rate and the lending benchmark will have
Updated: 09/09/2011 01:40P
Wyden calls for crackdown on Chinese solar panel imports
His call comes after a number of significant US solar manufacturers have sought bankruptcy protection this year, including Solyndra, Evergreen Solar and SpectraWatt. “The American solar industry is facing unparalleled challenges and without the
Updated: 09/09/2011 01:36P
Foley Adds 3 Bankruptcy Partners In San Diego
Law360, New York (September 9, 2011) -- Foley & Lardner LLP on Friday announced that three new partners had joined its San Diego bankruptcy and business reorganizations practice from Duane Morris LLP. Christopher Celentino, Mikel R.
Updated: 09/09/2011 01:19P
Delray woman accused of stealing dead child's identity to buy home, cars
Juliet Sherry-Ann Smith Mahabir, 38, had used the name and social security number of Maria del Carmen Diaz to buy a home, get work as a bank teller, get car loans and apply for bankruptcy, according to the Palm Beach County State Attorney's Office.
Updated: 09/09/2011 01:19P
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