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Greece has escaped default risk
13-- Greek government spokesman Elias Mossialos said on Tuesday that his country has escaped the default risk, categorically rejecting persistent scenarios of a Greek bankruptcy in coming weeks or months. "With the policies implemented by the Greek
Updated: 09/13/2011 09:46P
Property owners paying big fines to Alton
Bonnell filed for bankruptcy in 2006. Napp said Schonlau acquired some of the properties through the bankruptcy proceedings. Bonnell, his companies and Kaiser faced hundreds of property code violations filed by Alton and other communities.
Updated: 09/13/2011 09:41P
Solyndra's bankruptcy puts Department of Energy in the hot seat
The spectacular collapse of Solyndra, which filed for bankruptcy last month and was the target of an FBI raid last week, has become an explosive political issue as President Barack Obama, struggling against high unemployment, pushes his new jobs plan
Updated: 09/13/2011 09:37P
WaMu reorganisation plan rejected again
WASHINGTON - Washington Mutual's plan to pay more than US$7 billion to creditors and exit bankruptcy was rejected by a judge who ordered the company's creditors and shareholders into mediation, according to a Tuesday ruling. Delaware Bankruptcy Judge
Updated: 09/13/2011 09:34P
Thompson & Knight | 76 T&K Attorneys Listed in Texas Super Lawyers® 2011
Rhett G. Campbell (Bankruptcy & Creditor/Debtor Rights) is among the Top 100 Overall and the Top 100 Houston Texas Super Lawyers ® . Bruce S. Sostek (Intellectual Property Litigation) is among the Top 100 Overall and the Top 100 Dallas/Fort Worth Texas
Updated: 09/13/2011 09:25P
Solyndra executives back out of congressional hearing
But in the past few weeks, the Fremont, Calif., company has closed shop, laid off most of its 1100 workers, filed for Chapter 11 bankruptcy protection and had its offices and executives' homes raided by the FBI. The House Energy and Commerce Committee
Updated: 09/13/2011 09:20P
Judge rejects Washington Mutual reorganization plan
A Delaware bankruptcy judge on Tuesday refused for the second time to approve bank holding company Washington Mutual Inc.'s reorganization plan. The judge said WaMu's committee of equity security holders had made credible claims that that hedge funds
Updated: 09/13/2011 09:11P
Washington Mutual's reorganization plan rejected again
Sept 13 (Reuters) Washington MutualWashington Mutual Inc's plan to pay more than $7 billion to creditors and exit bankruptcy was rejected by a judge who ordered the company's creditors and shareholders into mediation, according to a Tuesday ruling.
Updated: 09/13/2011 09:09P
Elizabeth Warren to make Massachusetts US Senate bid official tomorrow
Consumer advocate and bankruptcy expert Elizabeth Warren, who recently formed an exploratory committee to consider a US Senate bid in Massachusetts, has decided to make her candidacy official, according to a spokesperson. Warren will formally announce
Updated: 09/13/2011 08:59P
Drumm may lose homes over fraud claim
FORMER ANGLO Irish Bank chief David Drumm faces the loss of his Boston home, his Cape Cod holiday home and his former Dublin home as the bankruptcy official in charge of his financial affairs has claimed he transferred property to his wife to defraud
Updated: 09/13/2011 08:55P
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