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Celentino, Bistrow, Catherwood join Foley & Lardner
Christopher Celentino, Mikel R. Bistrow and Kathryn MS Catherwood have joined Foley & Lardner LLP's San Diego office as partners. All three, who previously were partners at Duane Morris LLP, will work in Foley's bankruptcy & business
Updated: 09/13/2011 06:44P
Another week, another ownership crisis
Either Wednesday or Thursday, according to an investment banking source, the Stars will file for bankruptcy in a Delaware court, which will pave the way for Vancouver businessman Tom Gaglardi to buy the team for an estimated $230-million (US).
Updated: 09/13/2011 06:42P
Taxpayers Sunburned by Democrat Solar Stimulus
That unwavering commitment has come under increasing scrutiny since the company's travails culminated in its filing for bankruptcy protection on Sept. 6 and a raid on its headquarters by the Federal Bureau of Investigation two days later.
Updated: 09/13/2011 06:40P
Manistique Paper Mill Hopes To Re-emerge From Bankruptcy
The complete shutdown of the Manistique Papers mill in Manistique has been forestalled, and the company is being given extra time to restructure under a Chapter 11 bankruptcy, after Manistique-based mBank stepped in to assume a role as the mill's sole
Updated: 09/13/2011 06:40P
Station Casinos revamps Boarding Pass perks to entice gamblers
Station Casinos announced today a revamped Boarding Pass loyalty program for gamblers that is part of a bigger effort to draw customers with bigger perks after emerging from Chapter 11 bankruptcy this year.
Updated: 09/13/2011 06:39P
Are the New Jersey Devils headed toward bankruptcy?
It is also being reported that several factors may be pushing the team towards bankruptcy. It looks like the Devils have a multi faceted problem on their hands, and an ownership situation that seems to be in flux. The Devils majority owner is Jeff
Updated: 09/13/2011 06:39P
Dallas Stars Lenders Said to Vote in Favor of Pre-Packaged Bankruptcy Plan
Lenders for the Dallas Stars hockey team, the last professional sports club owned by former billionaire Thomas Hicks, voted to support a pre-packaged bankruptcy that would sell the team at a
Updated: 09/13/2011 06:36P
GOP to Hold Hearing on Now-Bankrupt Solar Company That Obama Once Touted
In particular, they're seeking communications between the White House and Solyndra and its investors to determine whether politics played a role in the approval of the loan. Harrison, the Solyndra CEO, and another company executive were supposed to
Updated: 09/13/2011 06:34P
Greece, Europe struggle to contain default fears
Merkel rejected the notion that a Greek bankruptcy — a possibility raised a day earlier by her deputy that spooked markets — would provide a quick solution to the eurozone debt crisis that threatens to rumble across the Atlantic Ocean.
Updated: 09/13/2011 06:29P
Drabinsky, Gottlieb jailed in Livent fraud
As a result, Drabinsky and Livent Inc. co-founder Myron Gottlieb — each convicted in 2009 on two counts of fraud — found themselves in prison for the first time since their company, once the toast of the Canadian theatre scene, collapsed in bankruptcy
Updated: 09/13/2011 06:27P