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12th Planet developer tries to buy Arizona condo
?Philip Keith, the flamboyant developer who promised a decade ago to bring a Las Vegas-quality entertainment and gambling complex to Billings, has offered to pay $215000 to a Montana bankruptcy court to buy back a Scottsdale, Ariz., condominium he once
Updated: 09/14/2011 02:08A
Greece, Europe struggle to contain its debt crisis
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. She argued that Europe instead needs to stick to its efforts to cut
Updated: 09/14/2011 02:04A
Judge OKs $1.7M payout for legal fees in Durham case
Akron, Ohio The US bankruptcy judge in Akron overseeing the Fair Finance Co. case on Tuesday approved the payout of about $1.7 million in professional legal fees and expenses. Bankruptcy trustee Brian Bash said as much as $90 million in claims might be
Updated: 09/14/2011 02:03A
A presumption against development is a key principle that has protected the
They had mistakenly assumed that control would mean bankruptcy for the development industry. If the Government has its way, such visits will not happen again. The presumption against development is as important a principle in managing the rural/urban
Updated: 09/14/2011 02:00A
RBS seeks dismissal of Seaarland bankruptcy case
In a filing to the US bankruptcy court in the southern district of New York, the bank questioned the validity of the petitions stating that the filing of the cases by the Dutch firms in the US is "unjustified". The bank has also requested the
Updated: 09/14/2011 01:48A
A socialist answer to the euro crisis
Dutch Finance Minister Jan-Kees de Jager has endorsed Greece's exclusion from the euro zone. The Swiss bank UBS has estimated the costs of such a move. The consequences of leaving—including state and corporate bankruptcies, a collapse of the banking
Updated: 09/14/2011 01:44A
Ex-hospital counsel cites fears of fraud
The attorney for Hoboken University Hospital says he resigned in July because he feared the city was committing fraud by engineering the bankruptcy of its hospital, court documents show. Donald Scarinci was the general counsel for
Updated: 09/14/2011 01:33A
WaMu Fails Again to Win Approval for Reorganization Plan
Washington Mutual Inc. failed for the second time to win approval for its plan to pay creditors more than $7 billion as a bankruptcy judge sided with opponents, including shareholders.
Updated: 09/14/2011 01:33A
Solyndra: A Big Story for the Wrong Reasons
Late in August Solyndra announced it would declare bankruptcy. Last week, following a cycle of negative news coverage and revelations about the company's close ties to the president, the executive branch response began with a raid on Solyndra's
Updated: 09/14/2011 01:29A
Tokyo Haneda international pax doubles in Jul-2011
While JAL has been struggling back to its feet after its stint in bankruptcy protection, ANA has picked up the mantle, overtaking JAL as Japan's dominant carrier, proving itself a versatile and dynamic competitor in the wider Asian market,
Updated: 09/14/2011 01:27A
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