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Lee Enterprises - (LEE) Lee is on the bankruptcy chopping block and has gone as far as to mention in its 8-K that their latest deal, if not approved by 95% of its lenders, would end up in Chapter 11. They already have more than 90%.
Updated: 09/13/2011 01:29P
Bujak's estranged wife wants separate bankruptcy
by AP CALDWELL -- Former Canyon County Prosecutor John Bujak's estranged wife wants to separate her bankruptcy estate from his, the latest twist in the downfall of the southwestern Idaho Republican's political and personal fortunes.
Updated: 09/13/2011 01:25P
Three Years Later, Fuld Isn't Out of the Woods Yet
As the three-year anniversary of Lehman Brothers' bankruptcy approaches, at least one law enforcement agency hasn't ended its investigation into the firm's collapse, the FOX Business Network has learned.
Updated: 09/13/2011 01:23P
Former Micron contractor files for bankruptcy
A chemical and fluids business that filed a lawsuit against Micron Technology Inc. is filing for bankruptcy, but the lawsuit could continue. The business, Diversified Fluid Systems LLC, relied on Micron for
Updated: 09/13/2011 01:23P
Buffett's New Hire Beat Berkshire With BofA Bet
Weschler's $217 million holding of WR Grace & Co., which entered bankruptcy in 2001, dates from at least 2003. Weschler, 50, is part of the second generation of Berkshire leaders whom Buffett, 81, is picking to maintain the culture and performance of
Updated: 09/13/2011 01:16P
Alabama county at odds with creditors on bond debt
The county will decide on Friday whether to pursue what would be the biggest municipal bankruptcy in US history or reach some form of negotiated settlement with creditors who include JPMorgan Chase & Co (JPM.N). "We are going to give avoiding
Updated: 09/13/2011 01:16P
Ala county, creditors still working on sewer deal
AP Alabama's largest county is nearing another deadline for reaching a deal to avoid filing the largest municipal bankruptcy ever. The Jefferson County Commission meets Friday to either file for bankruptcy or approve a deal with Wall Street lenders
Updated: 09/13/2011 01:15P
Number of College Grads in Bankruptcy Increasing
More individuals with college degrees are finding themselves in bankruptcy, according to a new study released by the Institute for Financial Literacy. The financial crisis appears to be taking its toll on individuals who had previously been able to
Updated: 09/13/2011 01:15P
Judge Refuses To Dismiss Cassavetes Poker Lawsuit
Cassavetes is being sued for almost $74k in earnings by a bankruptcy trustee who is trying to recoup losses that were suffered by former clients that invested with Brad Ruderman, who was convicted in a Ponzi scheme. The court docs state: "This
Updated: 09/13/2011 01:15P
Lehman Calls Foul on Giants' Bankruptcy Play
But Lehman, which says it needs the documents to access the validity of the claim, accused the Giants unit of being selective about which information it shares, according to papers filed Monday with the US Bankruptcy Court in Manhattan.
Updated: 09/13/2011 01:14P