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Cerberus Blames Economy For Failed Innkeepers Deal
Responding to a lawsuit filed by Innkeepers in US Bankruptcy Court in Manhattan, Cerberus said "unforeseeable" turmoil in the markets impacted Innkeepers' business, triggering a clause in the deal's contract allowing it to end the purchase.
Updated: 09/12/2011 02:50P
Mayor, city staff to meet with NewPage
Carson, along with Adam Tegen, the city's planning and economic development director, plan to meet with local NewPage spokesman Cliff Bowers this afternoon, following the company's announcement last week that it filed for Chapter 11 bankruptcy
Updated: 09/12/2011 02:48P
Devils refute bankruptcy report
The New Jersey Devils refuted a story in the New York Post claiming that the team is on "the verge of bankruptcy," calling the report "patently untrue." According to the Post's story, the "attendance-challenged, heavily-indebted team
Updated: 09/12/2011 02:47P
Devils deny Post's financial troubles report
"The notions that the Devils are facing bankruptcy or that 'the Devils have told their banks to get lost' are patently untrue. The Devils value their relationship with their banks and are confident a refinancing will be completed shortly.
Updated: 09/12/2011 02:41P
New Jersey Devils reportedly near bankruptcy
Along with the NHL franchise, its home venue -- Prudential Center in Newark, NJ, also is close to bankruptcy, according to the report. Jeff Vanderbeek, right, is principle owner of the Devils. (AP Photo) The arena also is home of the NBA's New Jersey
Updated: 09/12/2011 02:41P
A classic case of bankruptcy for failed school
Just a few days shy of a full year since the Alexandria Academy began classes amid fanfare, the defunct independent school's parent group, the Fund for Classical Education, filed for bankruptcy. Former employees now suing the
Updated: 09/12/2011 02:41P
64 Winstead Attorneys Selected by Peers for Best Lawyers in America 2012
Kenneth Kopf - Real Estate Law Phillip L. Lamberson - Bankruptcy & Creditor Debtor Rights/Insolvency & Reorganization LawJames R. Littlejohn - Lawyer of the Year in Banking & Finance Law Jay J. Madrid - Commercial Litigation, International Arbitration
Updated: 09/12/2011 02:32P
Zpryme Report: Residential Solar and the Smart Grid
Despite the current outrage over the failure of the government-connected solar-panel maker Solyndra and US solar manufacturers Evergreen Solar and SpectraWatt declaring bankruptcy in August and September the US Department of Energy (DOE) said it was
Updated: 09/12/2011 02:31P
Unions hold off on action against Saab until bankruptcy verdict
STOCKHOLM--Union officials say they will hold off bankruptcy action against Saab Automobile until an appeals court has reviewed the cash-strapped car maker's request for bankruptcy protection. Metal worker's union IF Metall said Monday that Saab
Updated: 09/12/2011 02:31P
Copyright Troll Righthaven Says It's Nearing Bankruptcy
“Righthaven faces the very real threat of being forced out of business or being forced to seek protection through bankruptcy (.pdf) if the court does not stay the judgement pending resolution of the company's appeal to the Ninth Circuit,” Shawn Mangano
Updated: 09/12/2011 02:30P