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MCC: Denar exchange rate needs stability in current economic circumstances
The Macedonian Chambers of Commerce (MCC) says that playing with the Denar exchange rate could be dangerous for the country's economy, resulting in bankruptcy of many entities. The Macedonian Chambers of Commerce (MCC) says that playing with the Denar
Updated: 09/19/2011 01:47A
Creditors petition to force Nassau Broadcasting into Chapter 7 bankruptcy
Three of Nassau Broadcasting's largest creditors have filed a petition in US Bankruptcy Court in Delaware, seeking to force it into Chapter 7 bankruptcy (liquidation). According to Bloomberg, Goldman Sachs and Fortress Credit Opportunities LP,
Updated: 09/19/2011 01:44A
Bankruptcies for Sept. 19, 2011
This bankruptcy information is gathered from cases filed in US Bankruptcy Court in Duluth Aug. 24 and Sept. 7 - 12. ADDRESS: 120 Van Buren Ave. N., Apt. 202-E, Eveleth ADDRESS: 812 N. 23rd Ave. W., Apt. B, Duluth DEBTOR: Thomas M. Peterson;
Updated: 09/19/2011 01:40A
Pennsylvania's capital faces possible financial takeover
The city council had been considering filing for bankruptcy protection, but a new law also presented by Senator Piccola and signed by Corbert prevents cities in Pennsylvania entering into bankruptcy, requiring instead state imposed cuts.
Updated: 09/19/2011 01:39A
Rumford town manager apologizes for late tax bills
He attributed it not to news two weeks ago that NewPage Corp. filed for bankruptcy, but rather to a delay in getting the tax commitment finalized. “Those numbers have been pretty much shored up today, and we should be able to announce what our mill
Updated: 09/19/2011 01:33A
Letter: Saving Social Security
It's more like insurance mismanagement, wherein the management misused and misdirected the funds -- similar to the Enron fiasco. After squandering the funds of the participants, government told us the problem was the overpopulation of "baby boomers"
Updated: 09/19/2011 01:05A
Learning from Lehman with new models
In Asia, there is no doubt that the brokerage community has been making investments in their Asian capabilities. “That's obviously a positive for the prime brokers because it shows that the allocators are investing and are active in the more strategic
Updated: 09/19/2011 01:05A
Madoff, Grandys, Borders, Lehman, Sawgrass, Fidelis: Bankruptcy
On July 29 a customer named James Greiff argued that Rakoff should take a lawsuit away from the bankruptcy court where Irving Picard, the Madoff trustee, sued him like hundreds of other customers for taking more cash out of the Madoff firm than they
Updated: 09/19/2011 12:55A
Downtown condo enters bankruptcy
Developers of downtown condo project Star Tower, where units that sold for $750000 three years ago and then went for less than $200000 last year, filed for Chapter 7 bankruptcy recently. Star Creations Development LLC
Updated: 09/19/2011 12:45A
NOTICE OF FORECLOSURE SALE 10 . . .
Reasons of such inability to convey include, but are not limited to, the filing of a bankruptcy petition prior to the confirmation of the sale and reinstatement of the loan without the knowledge of the trustee. If the validity of the sale is challenged
Updated: 09/19/2011 12:32A
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