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Alabama Lawmaker Pledges Death to Jefferson County Debt Bargain
Governor Robert Bentley, a first-term Republican, has promised to deliver laws to make the preliminary deal a reality. A Republican legislative majority may help, as may fears of the statewide impact of a bankruptcy by Alabama's most populous county.
Updated: 09/20/2011 12:21A
Jefferies-Nasdaq, Hynix, Primary Global, SAP in Court News
(BK) trustee unit, Peck ruled in Lehman's favor, saying that a swap agreement written to protect both parties from default by the other party doesn't hold under bankruptcy law. He used a similar principle in May when he refused to dismiss a Lehman suit
Updated: 09/20/2011 12:20A
Ordway equipment finds new owner
Ordway, which was founded nearly a decade ago by the Liebich family to discover cures for cancer and infectious disease, filed for bankruptcy protection in April but has since decided to shut down its operations. The University of Florida has an
Updated: 09/20/2011 12:15A
Car dealer, company accept $720K judgment
He had filed as a creditor in Autopro Remarketing's Chapter 7 bankruptcy suit The US Bankruptcy Court closed Autopro Remarketing's bankruptcy case in August with most creditors ending up the way they started — with nothing. More than $5.1 million in
Updated: 09/20/2011 12:13A
Drumm may lose homes, faces immigration battle
Disgraced Irish banker David Drumm could soon be made to leave the US after questions were raised as to how the former Anglo Irish Bank CEO, who filed for Chapter Seven bankruptcy in Boston in October 2010, obtained a work visa.
Updated: 09/20/2011 12:10A
Mass. firm on Orient express
Just days after Chinese competition drove California solar-panel maker Solyndra into bankruptcy despite $535 million in government loan guarantees, Westboro tech firm Boston-Power is shifting its focus to China.
Updated: 09/20/2011 12:08A
Lamar Smith: Solyndra Loan Should Be Examined By Independent Investigator
Lamar Smith, R-Texas, said an outside lawyer is needed to determine "whether politics played a role" in the Energy Department loan for California-based Solyndra Inc., which declared bankruptcy this month and laid off its 1100 workers.
Updated: 09/20/2011 12:02A
Octogenarian pilots say you're never too old to soar
Now the chief judge emeritus of the US Bankruptcy Court in Miami is still logging in hours whenever he gets a chance. Next Sunday he'll celebrate a birthday: 82. He'll also toast to more than six decades in the air. Unusual? Not really.
Updated: 09/20/2011 12:01A
Moral Bankruptcy: will U.S. veto Palestine?
A recent global poll indicated that by a two to one margin, the people of the world, of all of earth, all of humanity, support the idea of a Palestinian state. That is probably about the same as the General Assembly vote will be as the US and its
Updated: 09/19/2011 11:53P
Former Rangers CEO Chuck Greenberg considers topping $267 million offer
Earlier in the day, a legal representative of Greenberg's reportedly made his interest known in the US Bankruptcy Court in Delaware that's holding a hearing concerning the Stars' prepackaged bankruptcy plan. That plan, filed last week, finally advances
Updated: 09/19/2011 11:44P
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