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Republic Airways shares continue to sag
2 because of trouble experienced by subsidiary Frontier Airlines, which it acquired out of bankruptcy in 2009. Returning Frontier to profitability is seen as a daunting task, and some industry analysts have wondered aloud if the Denver subsidiary will
Updated: 09/14/2011 11:53A
Innkeepers Allowed to Extend Control Over Bankruptcy Case Until November
Innkeepers USA Trust won approval to extend control over its bankruptcy case amid a dispute with Cerberus Capital Management LP and Chatham Lodging Trust (CLDT) over whether they will buy 64 of its hotels.
Updated: 09/14/2011 11:46A
Ligue 1 - Youngster set for Auxerre
The midfielder, 20, made four first-team appearances in France's third tier last season but, after narrowly missing out on promotion, Strasbourg fell into bankruptcy and were declared insolvent in July. They have since been allowed to take their place
Updated: 09/14/2011 11:34A
The Phony Solyndra Solar Scandal
Conservatives and oil interests are using the bankruptcy as a platform to attack green energy and the idea of green jobs in general, solar power in particular, President Obama as always, stimulus funding and the idea of developing a national strategic
Updated: 09/14/2011 11:30A
Judge Says Lehman Creditors Can Go After Holders of Loan Claims
Since the investment bank's collapse in September 2008, a team of hundreds of bankruptcy professionals under the direction of Alvarez & Marsal Inc. has managed Lehman's assets--which include real-estate holdings, corporate debt and derivatives--for the
Updated: 09/14/2011 11:28A
Congressional hearing investigates $528 million Solyndra loan
A hearing Wednesday will examine what went wrong with Solyndra Inc., which received a federal loan of nearly $528 million and recently filed for bankruptcy. GOP leaders of the subcommittee describe the loan as a "half-billion bust" that raises red
Updated: 09/14/2011 11:28A
House investigates $528 million loan to now-bankrupt solar panel manufacturer
A hearing Wednesday will examine what went wrong with Solyndra Inc., which received a federal loan of nearly $528 million and recently filed for bankruptcy. GOP leaders of the subcommittee describe the loan as a "half-billion bust" that raises red
Updated: 09/14/2011 11:27A
WaMu, Seaarland, WLIB, Ambac, Lehman, Madoff: Bankruptcy
In issuing downgrades yesterday, Moody's said the ability to remain in compliance with loan covenants “seems unlikely.” Moody's lowered the corporate rating by one click to Caa3, while the unsecured note ratings went to Ca.
Updated: 09/14/2011 11:12A
Solyndra failure shows rift over taxpayer role
Cliff Stearns, a Republican from Florida, said the Department of Energy's decision to back a $535 million loan to the company, which makes solar energy panels, highlights the danger of government funding for private companies. "Taxpayers may be better
Updated: 09/14/2011 11:11A
CIT Will Focus on Expansion After Shrinking Balance Sheet, CEO Thain Says
14 (Bloomberg) -- CIT Group Inc. (CIT) will focus on expansion, Chief Executive Officer John Thain said, as the small-business lender reverses its strategy of shrinking the balance sheet since exiting bankruptcy almost two years ago.
Updated: 09/14/2011 11:04A
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