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Lawmaker Seeks Solyndra Examiner
The Republican chairman of the House Judiciary Committee is calling for Attorney General Eric Holder to appoint an examiner in Solyndra LLC's bankruptcy case to investigate the financial relationship between the Department of Energy and
Updated: 09/19/2011 11:39P
Albuquerque Studios has new owner
Albuquerque Studios announced on Monday it is operating debt free after emerging from bankruptcy restructuring. The studio's parent company, Pacifica Mesa, filed for bankruptcy protection in the summer of 2010, listing a debt of more than $100 million.
Updated: 09/19/2011 11:36P
Equity fund withdrawals top Lehman bankruptcy era
Outflows totaled $72.8 billion from October 2008 through February 2009, following Lehman's bankruptcy, the data show. Bears say investors are abandoning stock managers because there's no end in sight to the decline that pushed the Standard & Poor's 500
Updated: 09/19/2011 11:31P
Lamar Smith wants probe of Solyndra loan guarantee
1 after Solyndra fired almost all of its 1200 workers, according to court filings. "Imperial has commenced the marketing process for Solyndra's business assets by contacting over 100 prospective buyers," the company said in court papers.
Updated: 09/19/2011 11:29P
Investigator sought in solar loan case
Lamar Smith, R-Texas, wrote a letter to Attorney General Eric Holder asking for an outside lawyer to probe Solyndra's bankruptcy case to determine "whether politics played a role in influencing the Obama administration to favor Solyndra over more
Updated: 09/19/2011 10:52P
Special counsel sought in probe of Solyndra failure
AP WASHINGTON - The chairman of the House Judiciary Committee on Monday called for an independent investigator to look into a $528 million loan approved by the Obama administration for a now-bankrupt solar energy company. Rep. Lamar Smith, a Republican
Updated: 09/19/2011 10:27P
Greengate: Enron Yesterday, Solyndra Today
Ten years ago, Enron, one of the largest energy companies in the world, imploded and filed for bankruptcy. Enron's dissolution should have been a red flag to both business and government that business plans predicated on government handouts,
Updated: 09/19/2011 10:22P
Philadelphia Orchestra And Philly Pops Split
09/19/11 - PHILADELPHIA (AP) -- The Philadelphia Orchestra and Peter Nero and the Philly Pops have agreed to end their six-year business partnership, according to documents filed Monday in federal bankruptcy court. The organizations merged operations
Updated: 09/19/2011 10:16P
Goodwill bankruptcy nears completion
The trustee in the Goodwill Industries of Amarillo bankruptcy case filed his final report Friday, leaving creditors 30 days to object before the case is closed. The report proposes paying on $322000 in claims with $44000 remaining after sales of assets
Updated: 09/19/2011 10:11P
If Righthaven Declares Bankruptcy, Expect Lawyers To Go After Stephens Media
There are lots of rumors swirling about a possible Righthaven bankruptcy, but that doesn't seem to worry those pushing for class action lawsuits against the company. Lawyer Todd Kincannon, whose been leading the charge against Righthaven on that front,
Updated: 09/19/2011 10:08P