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Plan to sell Crystal Cathedral advances
15 (UPI) -- A federal judge has approved a bankruptcy reorganization plan for the Crystal Cathedral in California that calls for the sale of the church. The plan, approved Wednesday by US District Judge Robert Kwan, will be voted on in the next month
Updated: 09/15/2011 01:50P
Fuld May Have a Story to Tell: Lehman's
But the cracks in his leadership began to form in late 2007, when it became clear that the firm held underwater assets tied to commercial real estate. Investor David Einhorn was among the first to draw attention to the firm's faulty balance sheet,
Updated: 09/15/2011 01:50P
Treasury probes $528M loan to bankrupt solar firm
Republican members of the committee said the emails raised questions about whether the loan was rushed to accommodate a groundbreaking ceremony in September 2009 that featured Vice President Joe Biden and Energy Secretary Steven Chu.
Updated: 09/15/2011 01:49P
Solyndra Not Sole Firm to Hit Rock Bottom Despite Stimulus Funding
At least four other companies have received stimulus funding only to later file for bankruptcy, and two of those were working on alternative energy. Evergreen Solar Inc., indirectly received $5.3 million through a state grant to open a $450 million
Updated: 09/15/2011 01:48P
Tom Martino archive: The top 10 Westword reports on bankrupt Troubleshooter
"Another ugly Martino real estate investment," October 30, 2008: "I found more evidence of neglect: a vacant house whose yard is overgrown with weeds and filled with trash." "Tom Martino's arrogance helps him win court case," April 29,
Updated: 09/15/2011 01:31P
Officials move on renewable energy loan guarantees amid questions
Republican members of the committee said the emails raised questions about whether the loan was rushed to accommodate a groundbreaking ceremony in September 2009 that featured Vice President Joe Biden and Energy Secretary Steven Chu.
Updated: 09/15/2011 01:29P
Final sell prices revealed for former Renegade Tobacco properties in Davie
A total of $141781 was paid to attorney Ashley Rucker, who served as special counsel to Tourtellot, and the law firm of Blanco Tackabery & Matamoros PA. The three manufacturers filed for Chapter 11 bankruptcy protection on Jan.
Updated: 09/15/2011 01:28P
Financially strapped Temple Beth El Israel in Port St. Lucie loses rabbi
LUCIE — Days after Temple Beth El Israel filed for Chapter 11 bankruptcy in late July, Rabbi Arthur Rutberg ended his 11-year career leading the congregation because the synagogue wanted to cut his pay in half. President Samuel Levy said Rutberg's new
Updated: 09/15/2011 01:17P
It's a tough economy for green technology
Solyndra, a solar panel manufacturer based in Fremont, CA, declared operations would cease on August 31st and filed for bankruptcy last week. In a time when many businesses are forced to throw in the towel, this is hardly news.
Updated: 09/15/2011 01:15P
Hedge Funds Could Face Insider-Trading Lawsuit In WaMa Bankruptcy
Four hedge funds may have to defend themselves against insider-trading charges after a federal judge for the second time blocked Washington Mutual's bankruptcy plan. US Bankruptcy Judge Mary Walrath in Wilmington, Del., found that the collapsed bank's
Updated: 09/15/2011 01:14P
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