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BofA Said to Keep Bankruptcy as Option for Countrywide Unit
A Countrywide bankruptcy could halt legal proceedings and consolidate litigation into one court that would split up the subsidiary's remaining assets for creditors, said Jay Westbrook, a law professor at the University of Texas at Austin.
Updated: 09/16/2011 12:16A
Community Support Is A Must For Crawford
As a person who grew up in Jamestown, I am dismayed to hear that one of the last furniture manufacturers in the area has entered Chapter 11 bankruptcy. I remember growing up, that our furniture industry was a source of pride in our city.
Updated: 09/16/2011 12:13A
Slow Down on the Solyndra Criticism! Of Course Government Can Foster Innovation.
The bankruptcy of Solyndra, the solar energy company that received a $535 million loan guarantee from the Department of Energy, has touched off the predictable partisan food fight, with the Obama administration on the defensive.
Updated: 09/16/2011 12:08A
Stars being sold to Vancouver businessman
To accomplish this end, the current ownership filed for bankruptcy earlier Thursday in US Bankruptcy Court for the District of Delaware, under a "prepackaged" Chapter 11 plan -- which had the full backing of the NHL as well as lenders involved with the
Updated: 09/16/2011 12:07A
Buyer of Boone property has a history of bankruptcies
A man who had the winning bid of $10.5 million for the former west campus of the Spiritual Center of America on Wednesday has a history of five bankruptcy filings, including most recently in 2005 when he said he had only $5 cash and $1 in a checking
Updated: 09/16/2011 12:06A
Legal forum to be held Saturday
NewRock Legal Society is hosting a Know Your Rights Forum Saturday to educate the public on the most common legal issues, including bankruptcy, debtor's rights, divorce, child support, criminal prosecutions, estate planning and personal injury law.
Updated: 09/16/2011 12:04A
Temple Beth El Israel in Port St. Lucie files for bankruptcy and loses rabbi
A Port St. Lucie temple is forced to file for Chapter 11 bankruptcy and its' rabbi of 11 years ended his career when leaders wanted to cut his pay in half. Rabbi Arthur Rutberg led his last services at Temple Beth El Israel on August 5th and 6th.
Updated: 09/16/2011 12:04A
What market timers learned from Lehman
That, at least, is the investment lesson I draw from market timers' sobering experience before and after the Lehman Brothers' bankruptcy, whose third anniversary we're commemorating this week. Consider what one leading
Updated: 09/16/2011 12:01A
Gaglardi will buy Stars, pending plan for bankruptcy
The Dallas Stars have signed an agreement to sell the team to Vancouver businessman Tom Gaglardi and have filed a prepackaged bankruptcy plan to help facilitate the deal. The Stars said Thursday that the deal is subject to a court-approved auction and
Updated: 09/15/2011 11:54P
Waldenbooks closing its doors Saturday
In August, it was announced that the North Canton store was among 14 Borders leases that will be assumed by the Books-A-Million chain. At its peak, in 2003, Borders operated 1249 Borders and Waldenbooks outlets, but by the time it filed for bankruptcy
Updated: 09/15/2011 11:48P
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