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Stars file bankruptcy bid, take next step in sale of team
The Dallas Stars have taken the next step in the sale of the franchise, submitting a prepackaged bankruptcy plan this evening to a US Bankruptcy Court in Delaware. Earlier today, it was believed the filing would be pushed back until next week,
Updated: 09/15/2011 06:52P
Barnes & Noble among winners of auction for Borders' intellectual property
The Borders brand name and website were sold in a Chapter 11 bankruptcy auction process, a liquidation firm announced today. Hilco Streambank, a division of Borders liquidator Hilco Trading LLC, said it had raised $15.775 million from a sale of
Updated: 09/15/2011 06:47P
An economic-recovery solution
He would eliminate the territorial tax so the trillions of dollars left overseas by American companies would be repatriated. He also would cut income and corporate taxes to a maximum of 25 percent and eliminate the tax on capital gains.
Updated: 09/15/2011 06:47P
Dodgers' Law Firms Should Have Fees Cut, U.S. Trustee Says
15 (Bloomberg) -- Bankruptcy lawyers for the Los Angeles Dodgers should have their first set of legal bills cut by almost 18 percent to $1.63 million, the US Trustee said. Two law firms billed the team $352742 for work that was unnecessary,
Updated: 09/15/2011 06:47P
What's a Name Worth?
In 2010, under orders from the US Bankruptcy Court, it was sold for a record sum. The seller had bought the domain for $11.5 million in 2006. In 2009, MXN Ltd. bought this domain in an all-cash deal. In 2008 a technology company purchased the domain to
Updated: 09/15/2011 06:34P
Lancaster County Attorney Indicted for Bankruptcy Fraud
In the indictment, Reidenbach is charged with bankruptcy fraud, concealing assets during a bankruptcy proceedings, and embezzling from a bankruptcy estate arising from the concealment of $40000 in real estate proceeds in a law fire account controlled
Updated: 09/15/2011 06:27P
Obama admin ignored warnings about Solyndra
WASHINGTON -- The Obama administration ignored repeated warnings about a clean-energy loan program that has become an embarrassment for the White House amid the collapse of a California solar energy company that
Updated: 09/15/2011 06:26P
Lancaster man faces additional charges in bankruptcy case
Reidenbach was first charged with bankruptcy fraud, concealing assets during a bankruptcy proceeding, and embezzling from a bankruptcy estate arising from the concealment of $40000 in real estate proceeds in a law firm account controlled by Reidenbach.
Updated: 09/15/2011 06:25P
Solyndra's SEC filing contains a surprise
A lot has been made of the firm's $535 million loan guarantee from the Dept. of Energy, now in jeopardy after the company declared bankruptcy. Now, a closer look by LA Observed at the company's SEC filings shows that it also was seeking additional DOE
Updated: 09/15/2011 06:12P
'Green News Report' - September 15, 2011
IN TODAY'S RADIO REPORT: Republicans pounce on bankruptcy of US solar company Solyndra -- but what are they not pouncing on?; Shocking revelation: BP is to blame for BP's oil spill; PLUS: Al Gore's "24 Hours of Climate Reality" -- Well,
Updated: 09/15/2011 06:10P
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