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CBS 3 Springfield - WSHMPlan to sell Crystal Cathedral in CA moves forward
(AP) - A federal judge will move ahead with a bankruptcy reorganization plan that includes the sale of the Crystal Cathedral megachurch in Southern California. The Orange County Register (http://bit.ly/nLTEx3 ) says the court on Wednesday set a
Updated: 09/14/2011 09:29P
Judge Says Hedge Funds May Have Used Inside Information
There have long been whispers on Wall Street that hedge funds have hijacked the bankruptcy process, using their influence as debt holders to obtain and trade on insider information about when and how a company will restructure.
Updated: 09/14/2011 09:28P
St. Vincent's Site Moves On
Planning has been under way for five years and was complicated by the hospital's bankruptcy filing in April 2010. Community groups had wanted to save the hospital, but the collapse of the hospital's finances doused these hopes.
Updated: 09/14/2011 09:28P
KCTV 5Plan to sell Crystal Cathedral in CA moves forward
(AP) - A federal judge will move ahead with a bankruptcy reorganization plan that includes the sale of the Crystal Cathedral megachurch in Southern California. The Orange County Register (http://bit.ly/nLTEx3 ) says the court on Wednesday set a
Updated: 09/14/2011 09:28P
Fayetteville Man Accused of Stealing from Student-Athletes
Dale Brannan was arraigned Wednesday and faces federal charges of bank fraud, mail fraud, bankruptcy fraud and making a false declaration in a bankruptcy filing. According to federal prosecutors, Brannan operated a company called Transports Athletics
Updated: 09/14/2011 09:17P
New White House Strategy for Solyndra Debacle — Blame Bush
million to the California solar energy upstart Solyndra, top officials took a new tack Wednesday while testifying before Congress about the company's abrupt shut-down and bankruptcy: the loan, they said, was actually the Bush administration's idea.
Updated: 09/14/2011 09:15P
Frank McCourt to still pay ex-wife $225K
What will happen to the team has been put on hold until a bankruptcy court in Delaware sorts out the mess. "More clearly, until the case is out of bankruptcy, the Dodgers can't be sold," said Superior Court Judge Scott Gordon, who presided over an
Updated: 09/14/2011 09:15P
Devils, Stars both facing bankruptcy
The Stars have a new owner in waiting — Vancouver businessman Tom Gaglardi — but appear likely to need bankruptcy to execute the sale of the team out from under current owner Tom Hicks' crumbling sports empire, Bloomberg reported Wednesday.
Updated: 09/14/2011 09:15P
Lehman loses bid to get US$500m from Barclays
"The court sides with Barclays," Judge James Peck wrote in his ruling filed in US bankruptcy court in New York. "The Lehman motion is baseless." "The parties... never agreed on a definitive single number for bonus compensation," Peck said.
Updated: 09/14/2011 09:13P
Venable | Bill Dolan awarded Member Excellence Award by the Northern Virginia
The event was attended by all of the US District, US Magistrate and US Bankruptcy Judges of the US District Court for the Eastern District of Virginia, Alexandria Division. Chapter president Chas McAleer said, "Bill Dolan is a recognized leader in the
Updated: 09/14/2011 09:12P