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French banks downgraded before EU talks
(AAP) Moody's ratings agency has downgraded two top French banks in a new lurch for the eurozone crisis which Polish Finance Minister Jacek Rostowski warned could destroy the European Union. Moody's cut the rating for Credit Agricole bank,
Updated: 09/15/2011 06:07P
Winston & Strawn LLP | Winston & Strawn Successfully Represents USGen New England
Winston represented USGen in a breach of contract action brought by TransCanada Pipelines, Ltd after USGen entered bankruptcy and elected to terminate its natural gas transportation contract with TransCanada. After a nine-day bench trial and extensive
Updated: 09/15/2011 06:02P
Weil, Gotshal & Manges | Weil's Miller Reflects on Lehman Bros. Bankruptcy
Weil, Gotshal & Manges partner Harvey Miller was quoted extensively in an article (“3 years on, Lehman on path to exit bankruptcy” by Nick Brown) discussing the bankruptcy of Lehman Brothers, which filed for bankruptcy in September 2008 and was the
Updated: 09/15/2011 06:02P
HearUSA, Inc. Completes Sale of Assets to Siemens
The US Bankruptcy Court for the Southern District of Florida, West Palm Beach Division, had previously entered the order approving the sale on August 17, 2011. The aggregate consideration received by the company was comprised of approximately $71
Updated: 09/15/2011 06:02P
Solyndra not the only photovoltaic firm on the rocks
While Solyndra remains in the spotlight because of its bankruptcy filing after a $535 million federal loan guarantee, it's not the only manufacturer of solar power modules to go belly up as prices of photovoltaics continue to drop.
Updated: 09/15/2011 05:59P
Books-A-Million To Take Over CT Borders Store
Borders is liquidating assets and closing all its stores after filing for bankruptcy earlier this year -- but one CT Borders store will have a sequel as a Book-A-Million location.
Updated: 09/15/2011 05:54P
BC-US--Amish Bankruptcy, 3rd Ld,124
Gold prices are rebounding on mounting concerns about how the Greek financial crisis could affect the European economy. Gold rose $16.80 Tuesday to end at $1830. ... LOS ANGELES (AP) -- No need for ET to phone home.
Updated: 09/15/2011 05:49P
Troubled Denver mortuary has closed
Owners of the long-troubled Pipkin Mortuary have closed the funeral home and filed to liquidate the business through bankruptcy. The petition seeking Chapter 7 bankruptcy protection was filed on Aug. 29 and listed 32 creditors,
Updated: 09/15/2011 05:49P
College Grads Increasingly More Likely to Be Bankrupt
The number of college graduates filing for bankruptcy has increased to 13.58 percent of all filers, a 21 percent jump from 2006. Earning a college degree might not be a financial lifesaver, according to new data on the number of college-educated
Updated: 09/15/2011 05:48P
Borders assets raise $15.8 million at auction
Ten bidders participated in the proceedings, and winners included Barnes & Noble Inc and Berjaya Books. The outcome of the auction is subject to approval by the US Bankruptcy Court for the Southern District of New York. A hearing is scheduled for
Updated: 09/15/2011 05:47P
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