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Quinlivan bankrupted for failing to pay $49m
The Queensland Federal Court sentenced the bankruptcy yesterday after action by mortgage fund Equititrust, also based on the Gold Coast. Mr Quinlivan's property empire has been struggling for the past three years and many of his companies have been
Updated: 09/15/2011 10:12A
impossible may become the inevitable
This is something I have been repeating since the near-collapse of every leading bank in the world that began with the bankruptcy of Lehman Brothers, the third anniversary of which was yesterday. One appears improbable, although it must be seriously
Updated: 09/15/2011 10:05A
College Grads Filing for Bankruptcy in Greater Numbers, Study Says
A report released today by the Institute for Financial Literacy shows a change over the last five years in the demographics of those who file for bankruptcy. The most disturbing finding in the report is that the average
Updated: 09/15/2011 10:01A
The Daily Docket: NHL's Dallas Stars Poised to File for Bankruptcy
The National Hockey League's Dallas Stars team is expected to file for Chapter 11 bankruptcy in Wilmington, Del., within the next day, said a source familiar with the team's plans. Read Eric Morath's story in the Daily Bankrutpcy
Updated: 09/15/2011 10:00A
(Photo: REUTERS/Alex Gallardo)
The bankruptcy sale of Crystal Cathedral, the glass-walled Orange County church known for its "Hour of Power" broadcasts, has touched off a bidding war between a Roman Catholic diocese and a local university. The church's ministry, meanwhile,
Updated: 09/15/2011 09:59A
Morning Minutes for Thursday, September 15
24: Ranking of President William H. Taft in a 2010 Siena poll. Previous polls by different groups have put Taft near this ranking as well. Sept. 15, 2008: Lehman Brothers files for Chapter 11 bankruptcy, the largest bankruptcy filing in US history.
Updated: 09/15/2011 09:54A
Lehman, Allen Family, Crystal Cathedral, Vitro: Bankruptcy
(This report contains items about companies both in bankruptcy and not in bankruptcy. Updates Lehman and adds Crystal Cathedral and Innkeepers in Updates, Jefferson County and Solyndra in Briefly Noted and section on Daily Podcast.) Sept.
Updated: 09/15/2011 09:52A
Crystal Cathedral Sale Moves Forward
Despite the Crystal Cathedral's attempts to prevent the sale of the iconic glass church, a federal bankruptcy judge agreed Wednesday to move forward with the sale as creditors look to be paid back millions of
Updated: 09/15/2011 09:49A
Solyndra failure threatens DOE's clean-tech support
Fremont, California-based Solyndra, which designs and manufactures solar photovoltaic systems, filed for Chapter 11 bankruptcy on 6 September after failing to secure additional funds from the private sector to continue operations.
Updated: 09/15/2011 09:49A
UAW, GM, Chrysler racing to reach labor deals
About 380 miles away, a community already abandoned by Ford and Chrysler was hoping its bid to lure up to 2000 jobs to its GM plant would be given credence in the new contract. The Board of Aldermen of Wentzville, Mo., in metropolitan St. Louis,
Updated: 09/15/2011 09:37A