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What A Countrywide Bankruptcy Means For Bank Of America
There are recent rumors that Bank Of America is open to allowing the Countrywide unit to file bankruptcy if mortgage-related litigation were to reach a point that may threaten the bank. This is the right move for the bank and will quash many concerns
Updated: 09/19/2011 08:20A
Solyndra pushes bidding back as 100 companies contacted over sale of bankrupt firm
Investment bank, Imperial Capital is in the throws of contacting over 100 companies that could be interested in acquiring Solyndra's CIGS thin film-based manufacturing facilities. Latest bankruptcy court filings from Solyndra, highlight the scaling-up
Updated: 09/19/2011 08:10A
Our Daily Saab: A Very Iffy Situation
Today is the day a court in Sweden will decide whether it admits Saab's appeal of a prior court decision that would have forced the Swedes into bankruptcy. In the meantime, Victor Muller came up with another plan. If the court allows the appeal (a
Updated: 09/19/2011 08:09A
Is the Death of Borders Really Good for Independent Bookstores?
According to the survey, online retail "clearly" gained market share lost by other distribution channels between 2008 and 2010—a growth attributed to changing purchasing habits and the increasing popularity of e-books.
Updated: 09/19/2011 08:02A
Saab Allowed to Appeal Court's Denial
STOCKHOLM—A Swedish appeals court on Monday granted Saab Automobile AB the right to appeal an earlier ruling by a lower court, a move that will allow it to request bankruptcy protection from its creditors. The lower court last month
Updated: 09/19/2011 08:02A
Los Angeles Dodgers Ask Bankruptcy Court To Allow Media Rights Auction
The DODGERS' current deal for television with FOX SPORTS expires after the 2013 season, and a $3 billion extension that would have given MCCOURT $400 million of cash up front was rejected by MAJOR LEAGUE BASEBALL. MCCOURT would like to open a 45-day
Updated: 09/19/2011 08:01A
Bankruptcy Judge Okays Sale of Olsen's Mill Properties to ADM
Last week, US Bankruptcy Judge Susan Kelley approved the purchase by ADM, in which the Illinois-based company will take over ownership of five grain storage elevators from Olsen Brothers Enterprises for $16.7 million; as well as four other elevators
Updated: 09/19/2011 07:47A
Lake Grapevine development emerges from bankruptcy
New streams of capital have been found a 117-acre mixed-use property on the northern shore of Lake Grapevine in Flower Mound that has emerged from bankruptcy. Lakeside DFW has found new capital partners that have invested into the project, enabling the
Updated: 09/19/2011 07:45A
Employees of Solyndra File Class-Action Suit
Solyndra employees filed a class action lawsuit in the US District Court of Northern California against the company. The lawsuit alleges Solyndra violated state and federal rules that require companies to give 60 days notice before laying off more than
Updated: 09/19/2011 07:41A
BofA, AT&T, JPMorgan, TCW, Liberty Mutual, UBS in Court News
19 (Bloomberg) -- Bank of America Corp., the lender burdened by its Countrywide Financial Corp. takeover, would consider putting the unit into bankruptcy if litigation losses threaten to cripple the parent, said four people with knowledge of the firm's
Updated: 09/19/2011 07:15A
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