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Judge OKs sale of bulk of Banning Lewis to energy company
Home construction got under way four years ago on the far northwest corner of the ranch, where about 300 homes have been built. As part of the June bankruptcy auction, Keybank National Association, a lender on the property, has bought 2400 acres on the
Updated: 09/16/2011 03:56P
Alabama County Averts Bankruptcy
The governing board of Alabama's most populous county voted Friday to accept an agreement in principle on how to restructure more than $3 billion of debt, avoiding for now what would have been the biggest municipal bankruptcy
Updated: 09/16/2011 03:55P
Alabama county may avoid nation's largest municipal bankruptcy
Jefferson County, Ala., leaders approved a tentative settlement with creditors Friday that lawmakers hope will allow them to avoid filing the largest municipal bankruptcy in US history -- though they warned that the agreement is contingent upon many
Updated: 09/16/2011 03:54P
NHL's Dallas Stars File Pre-Packaged Chap. 11
The bankruptcy filing by the NHL franchise in Wilmington, DE, on Sep. 15 is positioned as a necessary step for the club's eventual sale to Vancouver businessman Tom Gaglardi for $267 million. NHL Enterprises is the Stars' top trade creditor,
Updated: 09/16/2011 03:50P
Graph of the Day: Cost of Solyndra's Failure Vs. Cost of Military 'Boondoggles'
Everybody's talking about the Solyndra bankruptcy, mostly because opponents of clean energy want us to be talking about them. It's a non-scandal of the truest kind, despite what Fox's breathless
Updated: 09/16/2011 03:48P
BoA Keeps Bankruptcy Option Open for Countrywide
Bank of America (NYSE:BAC) is considering the option of filing bankruptcy for its Countrywide Financial Corp Unit if the mortgage bank threatens to the financial stability of the parent because its mortgage litigation. The Charlotte, North Carolina
Updated: 09/16/2011 03:46P
EU toughens budget rules but stalls on Greece
Rescue partners will decide in October on a crucial payout of bailout loan money to bankruptcy-threatened Greece. Juncker and other eurozone finance ministers were discussing Europe's financial crisis at an informal meeting in Wroclaw.
Updated: 09/16/2011 03:45P
Eurozone decision on Greek loan payout due in October
WROCLAW, Poland (AP) — Greece's international rescue partners will decide in October whether to give it a batch of bailout loans needed to keep it from a disastrous bankruptcy, the head of the eurozone finance ministers' group said today.
Updated: 09/16/2011 03:43P
CBS Atlanta 46Ala. county votes to settle debt, avoid bankruptcy
(AP) - Leaders of Alabama's largest county on Friday chose to settle with Wall Street over $3.1 billion in debt from a sewer system overhaul rather than go through with what would have been the largest municipal bankruptcy in US history.
Updated: 09/16/2011 03:40P
Innkeepers in Talks With New Set of Buyers
Five Mile, a Stamford, Conn., private-equity firm, is teaming up with another Innkeepers creditor, Lehman Brothers Holdings Inc.'s bankruptcy estate, on the deal, the people said. A Lehman subsidiary holds a roughly $238 million Innkeepers mortgage.
Updated: 09/16/2011 03:38P
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