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OO.com Owner: Borders 'Sucker Punched' With Suit
Borders “had no intention of doing right by the customers,” Next Jump said in court papers filed Friday with the US Bankruptcy Court in Manhattan. Late last month, Borders sued Next Jump, alleging that the New York firm sent unauthorized emails to
Updated: 09/12/2011 04:55P
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TSN Hockey Insider Pierre LeBrun is on to talk about the New Jersey Devils bankruptcy rumours, rookie camps from around the NHL and the young forwards of the Edmonton Oilers. Mike Florio of Pro Football Talk and NBC Sports is on to talk about Cam
Updated: 09/12/2011 04:54P
Trade Unions file bankruptcy petition against Saab
The trade unions Union and Ledarna filed a bankruptcy petition against Saab Automobile today. The reason is that the employees have not yet gotten their wage payments. The petition was turned in today at Vrnersborg's district court.
Updated: 09/12/2011 04:51P
Campbell: Devils join list of NHL teams with financial woes
Then you wake up this morning to learn that the club, now owned by Jeff Vanderbeek, might be pushed into bankruptcy. This is the same guy who reportedly engineered the signing of Ilya Kovalchuk to an outrageous and irresponsible contract.
Updated: 09/12/2011 04:48P
2 Central Falls unions, receiver seek more time
CENTRAL FALLS, RI -- Citing continuing efforts to reach out-of-court agreements on new restructured contracts with the city's state appointed receiver, the unions representing the city's firefighter and City Hall workers have asked a federal bankruptcy
Updated: 09/12/2011 04:48P
WBOC-TV 16, Delmarvas News Leader, FOX 21 - Fear of Greek default hurts
Entertainment News from AP By PAN PYLAS AP Business Writer LONDON (AP) - Fear that Greece will default on its debt, perhaps triggering a financial chain reaction that will cause another global recession, hurt European stocks Monday and sent American
Updated: 09/12/2011 04:42P
Fear of Greek default hurts markets in US, Europe
LONDON—Fear that Greece will default on its debt, perhaps triggering a financial chain reaction that will cause another global recession, hurt European stocks Monday and sent American stocks lower for a time.
Updated: 09/12/2011 04:37P
Sale of Erie's Telatron delayed again
The sale of 390-employee Telatron Marketing Group Inc., 1545 W. 38th St., had been expected to be completed by Thursday, but a judge extended the deadline another 90 days, to Dec. 15. "No further extensions will be granted," Chief US Bankruptcy Judge
Updated: 09/12/2011 04:37P
Saab secures $96M bridge loan, lodges appeal as unions push for bankruptcy
Finally, Saab says it has secured a bridge loan worth $96 million from a heretofore unknown legal entity known as Specialty Purpose Vehicle. Zhejiang Youngman Lotus Automobile (which we'll mention again in the next paragraph) has signed an agreement
Updated: 09/12/2011 04:35P
Hart owes creditors $56.1M, including $1.8M to governments
MONTREAL - Hart Stores Inc. (TSX:HIS), a Montreal-based retailer which is restructuring under bankruptcy protection, says it owes $56.1 million to creditors, including $1.8 million to governments. The company made the financial disclosure in documents
Updated: 09/12/2011 04:27P