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Judge OKs $125K severance pay for 4 Borders execs
Bankruptcy judge Martin Glenn last week approved the payments — the largest amount allowed by the bankruptcy code — for former Chief Executive Mike Edwards, former Chief Financial Officer Scott Henry, Head of Store Operations Jim Frering and Rosalind
Updated: 09/12/2011 01:10P
US Rejected Solyndra Restructuring Before Shutdown, Memo Says
Solyndra said the next day that it would cease operations and seek bankruptcy protection. Solyndra's financial troubles prompted auditor PricewaterhouseCoopers LLC in March 2010 to question the company's ability to continue.
Updated: 09/12/2011 01:06P
The New Jersey Devils Are “Blowing Up”
The team could be even be facing bankruptcy. The attendance-challenged, heavily indebted team missed its Sept. 1 loan payment, giving its lenders a breakaway chance to push the team into bankruptcy, a source with direct knowledge of the situation said.
Updated: 09/12/2011 01:05P
Finance Minister Jim Flaherty. (Chris Roussakis/QMI Agency)
With debt-laden Greece on the brink of bankruptcy, Finance Minister Jim Flaherty says Canada's fiscal house is in order and although we may be "buffeted" by a crisis in Europe, we will survive.
Updated: 09/12/2011 01:05P
Hooters casino presses for right to reorganize
The 696-room property on Tropicana Avenue, just east of the Las Vegas Strip, filed for Chapter 11 bankruptcy reorganization and protection on Aug. 1 to block a foreclosure threatened by Canpartners Realty Holding Co. IV. After the bankruptcy
Updated: 09/12/2011 01:04P
Canada can withstand 'buffeting' from Greek crisis: Flaherty
With debt-laden Greece on the brink of bankruptcy, Finance Minister Jim Flaherty says Canada's fiscal house is in order and although we may be "buffeted" by a crisis in Europe, we will survive.
Updated: 09/12/2011 01:02P
Bankruptcy judge orders insurers to pay up in church's reorganization plan
The Catholic Diocese of Wilmington's state reorganization plan after filing for Chapter 11 bankruptcy recently got a shot in the arm by a bankruptcy judge. The Catholic Diocese of Wilmington's state reorganization plan after filing
Updated: 09/12/2011 01:01P
New Jersey Devils teetering on brink of bankruptcy
The New Jersey Devils of the National Hockey League could be in danger of bankruptcy after missing a recent loan payment. The New Jersey Devils of the National Hockey League could be in danger of bankruptcy after missing a recent
Updated: 09/12/2011 01:01P
Acadiana's News Leader Greek default fears slam banking sector
Senior German politicians have suggested publicly in recent days that an orderly bankruptcy of Greece may be part of a solution to the country's problems. The notion, which has been a taboo so far in Europe's handling of the crisis,
Updated: 09/12/2011 12:58P
Wandtv.com, NewsCenter17, StormCenter17, Central Illinois News-Greek default
Senior German politicians have suggested publicly in recent days that an orderly bankruptcy of Greece may be part of a solution to the country's problems. The notion, which has been a taboo so far in Europe's handling of the crisis,
Updated: 09/12/2011 12:57P
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