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Warnings ignored on new long-term care program's bankruptcy risks
WASHINGTON — Even as leading Democrats offered assurances to the contrary, government experts repeatedly warned that a new long-term care insurance plan could go belly up, saddling taxpayers with another underfunded benefit program, according to emails
Updated: 09/15/2011 03:07A
Financial problems force closing of seafood eateries
According to the lawsuit, Overboard broke its franchise agreement by offering a menu with battered seafood in a fast-food format and failing to strip all the locations of Long John Silver's branding. The case was dismissed Sept.
Updated: 09/15/2011 03:03A
Martino the "troubleshooter" is bankrupt
Tom Martino, who built a small media empire and a personal fortune dispensing consumer advice and bestowing endorsements on businesses, has filed for personal bankruptcy protection, listing his liabilities at $78.6 million. His assets are $1.37 million
Updated: 09/15/2011 03:03A
Editorial: Cities could find budget fire escape blocked
According to the bill language, “This bill would prohibit a local public entity from filing under federal bankruptcy law unless the local public entity has participated in a specified neutral evaluation process with interested parties, as defined,
Updated: 09/15/2011 03:02A
Liquidator probes ferry firm's collapse
The liquidator of the defunct ferry operator, Macau Dragon, is to investigate whether the company committed fraud before filing for bankruptcy. The company recently sold about 150000 tickets through the online website, Groupon, an unknown amount on a
Updated: 09/15/2011 03:00A
Barclays winner in Lehman's suit
A bankruptcy judge has denied Lehman Brothers' attempt to recover from Barclays $500 million it alleges was supposed to go toward employee bonuses. judgment forcing Barclays to pay it back $500 million in bonuses for Lehman employees it inherited when
Updated: 09/15/2011 02:52A
FSA forces man behind £4.8m unauthorised fund into bankruptcy
The Financial Services Authority (FSA) has forced the man behind a £4.8 million unauthorised collective investment scheme into bankruptcy after he failed to pay back funds he owed investors.
Updated: 09/15/2011 02:52A
WNEM TV 5 Dodgers owner reach temporary spousal support deal
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: 09/15/2011 02:50A
Devils have until June before they can be forced into bankruptcy
Forbes goes deeper to explain that even if the team failed to make promised payments earlier this month, any bankruptcy proceedings would still be in the distant future (read: after the season). Forbes Executive Editor Mike Ozanian explains the
Updated: 09/15/2011 02:46A
EU TASK FORCE HEAD - CANNOT IMAGINE BECOMING BANKRUPTCY ADMINISTRATOR FOR GREECE
FxWire Pro by IBTimes is a fast-growing professional grade real-time Forex Newsfeed service providing forex traders with a comprehensive overview and insight of the global currency markets in real time. The service is built on IBTimes' global backbone
Updated: 09/15/2011 02:42A
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