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Study: Growing number of college grads filing for bankruptcy protection
Bankruptcies in the US dramatically rose after the 2008 financial crisis due to less consumer credit available after lenders tightened underwriting benchmarks and lowered loan limits. Data from the Department of Education released on Monday showed that
Updated: 09/13/2011 09:13A
Court Date Set In Oklahoma State University Embezzlement Case
Bankruptcy court records show that Low and her husband filed for bankruptcy protection in June 2008. Prosecutors say the embezzlement began a month later. Low left her job in the university's Chemistry Department in February 2010.
Updated: 09/13/2011 09:10A
Lydian | "BELGIUM" IN GETTING THE DEAL THROUGH: Insurance & Reinsurance 2011
Furthermore, they may not have been subject to certain criminal convictions, and they may not have contributed to the bankruptcy of a Belgian company by their apparent negligence (article 90 of the 1975 Statute). More or less similar requirements apply
Updated: 09/13/2011 09:06A
Devils deny they are near bankruptcy
A newspaper report claiming the New Jersey Devils had missed a loan payment and were in danger of having lenders "push the team into bankruptcy" was refuted swiftly Monday, with the Devils
Updated: 09/13/2011 09:06A
Study finds more college grads filing bankruptcy
A new study shows college graduates are the fastest-growing group of consumers filing for bankruptcy protection, the Washington Post reports. The study by the financial nonprofit Institute for Financial Literacy tracked bankruptcy filings during the
Updated: 09/13/2011 09:03A
Pactum Advisers focuses on private placements
Pactum Advisers, which was co-founded in mid-2009 by Riccardo Banchetti, the co-head of Lehman's European business at the time of the firm's bankruptcy, and former colleague Antonio Miele, has set its sights on becoming the top mid-market investment
Updated: 09/13/2011 09:03A
Spansion cuts revenue estimate on soft markets
Spansion filed for bankruptcy protection in early 2009, as it was weighed down by $1.5 billion in debt, and emerged from bankruptcy in May 2010. In July, Spansion reported a fiscal second-quarter profit of $25.3 million on net sales of $298.8 million.
Updated: 09/13/2011 08:58A
UK: Bankrupt gets 12-month prison sentence for disposal of assets
Once a bankruptcy order is made, the bankrupt has a duty not to dispose of their assets other than for day-to-day living expenses. Mr Vagharia ought to have been aware of his obligations as a bankrupt as the Official Receiver had been in contact with
Updated: 09/13/2011 08:08A
One in Four Lawyers Plans to Hire in Fourth Quarter
Litigation, bankruptcy and foreclosure, and labor and employment law are the practice areas expected to see the most growth in the fourth quarter. Lawyers, paralegals and legal secretaries are the top three positions in demand.
Updated: 09/13/2011 08:08A
IMF: Portugal making progress on bailout reforms
Portugal asked for a rescue earlier this year as it slid towards bankruptcy and stoked investor fears about the wider eurozone's fiscal problems. Its European partners and the International Monetary Fund agreed to lend it money on condition it met a
Updated: 09/13/2011 08:07A
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