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OUR VIEW: Jefferson County commissioners rightly decides they can live with an
Today, commissioners might find themselves with a deal when they meet to decide what next step to take -- a settlement, a vote to file bankruptcy, or to give negotiations more time to reach that elusive deal. This week, the county made another
Updated: 09/16/2011 07:03A
Commentary: Investment lessons of Lehman's bankruptcy
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 07:00A
Too Big To Fail: Fed Intervention And The Market
Thursday was the third anniversary of the day Lehman Brothers filed for Chapter 11 bankruptcy protection. It remains the largest bankruptcy filing in US history with Lehman holding over $600 billion in assets. The Federal Reserve had begun intervention
Updated: 09/16/2011 06:55A
Stars agree to sell team to Tom Gaglardi
AP DALLAS -- The Dallas Stars signed an agreement to sell the team to Vancouver businessman Tom Gaglardi and filed a prepackaged bankruptcy plan Thursday to help facilitate the transaction. The deal is subject to a court-approved auction and NHL
Updated: 09/16/2011 06:48A
Government Races to Close Billions in Renewable Energy Loan Guarantees
The Obama administration is in a race against the clock to close by month's end more than a dozen renewable-energy loan guarantees totaling $9 billion. Of that, just over $3 billion would come from the federal government's coffers.
Updated: 09/16/2011 06:39A
Sewer debt crisis: Jefferson County, creditors likely to settle
The county also has other options that could be considered today: another extension of the negotiation period, or a decision to file a petition under Chapter 9 of the United States Bankruptcy Code. A decision on bankruptcy or a settlement has been
Updated: 09/16/2011 06:34A
Bankruptcy Calculations and Proceedings Call for an Experienced Attorney
Des Moines, IA (Law Firm Newswire) September 16, 2011 – If bankruptcy came with a manual, it might not be so hard to slog through. Most bankruptcies need the assistance of a competent Iowa bankruptcy lawyer. “There are many good reasons to file for
Updated: 09/16/2011 06:20A
IVAs in 2011 - the facts so far
A DRO is a low-cost alternative to bankruptcy, as the fees for bankruptcy are too expensive for some people. The Scottish 'equivalent' to an IVA is a Trust Deed. There are certain trends, visible over time, in the insolvency figures for the last decade
Updated: 09/16/2011 06:15A
Fraud workouts take a turn in some bankruptcy court cases
The judge in the bankruptcy case of Nevin Shapiro's Capitol Investments USA recently took a stand that has become rare for fraud workouts in bankruptcy court. US Bankruptcy Judge Laurel Isicoff declined to issue a sweeping order barring future
Updated: 09/16/2011 06:14A
BofA May Put Countrywide Into Bankruptcy; Stocks Rise: Video
Sept. 16 (Bloomberg) -- Jane King summarizes the top stories this morning on the Bloomberg Business Report. (Source: Bloomberg) (/Bloomberg) Correction: Clarification: SuperFan badge holders consistently post smart, timely comments about Washington
Updated: 09/16/2011 06:13A
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