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Greece vows to cut state jobs second bail-out call looms
Greece promised further cuts to its bloated public sector on Tuesday before a second conference call with its international lenders, whom Athens must convince to extend more loans to avoid bankruptcy next month. Anger over austerity among ordinary
Updated: 09/20/2011 11:06A
Creditors file objections in Hoboken hospital bankruptcy case; sources say
HOBOKEN -- Discussions between attorneys for the city-owned Hoboken University Medical Center and the creditors in the bankruptcy of the hospital's operator fell apart on Monday, according to sources, and court documents show that at least three
Updated: 09/20/2011 11:03A
Insurance group spent $300000 lobbying in 2Q
The law also created the Consumer Financial Protection Bureau. The insurers' group also lobbied on the creation of a new federal bankruptcy option for states, proposals affecting health care insurance access, and issues ranging from teenage driver
Updated: 09/20/2011 11:02A
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Sharon's defense was largely that the moneys were meant for her children's welfare and were spent for that purpose, including fees for private tuition, a car for her daughter, religious donations on behalf of the children, and to pay the mortgage.
Updated: 09/20/2011 10:53A
Metal workers' union files bankruptcy proceedings against Saab
The metal workers' union said the petition would be dropped if an appeal court grants Saab permission to reorganize its business as it seeks additional funding. The appeal court handling the case has not announced when it would rule.
Updated: 09/20/2011 10:51A
Hack Drives Dutch Certificate Authority DigiNotar to Bankruptcy
On Tuesday, a court-appointed bankruptcy trustee took over the management of DigiNotar's business activities. After a security breach that unleashed fake SSL certificates into the wild, some of which were used to spy on Iranian email communications,
Updated: 09/20/2011 10:51A
MSR Resort Settles with Singapore Gov't, Five Mile Capital
The deal, MSR says, will allow it leeway to come up with a plan to emerge from bankruptcy, Reuters wrote. Under the settlement, MSR will present its plan by September 1, 2012. The company filed for bankruptcy in February.
Updated: 09/20/2011 10:47A
Hoboken University Hospital creditors want more than $10M to allow for its sale
Creditors are seeking more than $10 million from Hoboken University Hospital as a part of a broad bankruptcy settlement that would allow for the sale of the cash-strapped facility, according to sources with knowledge of the ongoing negotiations.
Updated: 09/20/2011 10:44A
Albuquerque Studios gets new owner
In 2010, Pacifica Mesa filed for bankruptcy protection, listing a debt of more than $100 million. Major projects at Albuquerque Studios include the hit TV show, "Breaking Bad," and the upcoming, "The Avengers." Studio officials say the studio has a
Updated: 09/20/2011 10:43A
Greece talks, world waits
Photo: AP GLOBAL markets remained on edge last night as talks to rescue Greece from bankruptcy hit a critical stage, just as Standard & Poor's cut Italy's sovereign credit rating, opening a new crack in the euro-zone crisis. The downgrade of Italy's
Updated: 09/20/2011 10:41A