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Solyndra And The Perils Of Distressed M&A
The reason is simple: bankruptcy is expensive. The solar panel maker must pay not only its professional fees, but also those of creditors. In some larger cases, multiple creditor classes (secured, unsecured, etc) increase this burden considerably.
Updated: 09/20/2011 01:20P
Skip Bankruptcy with Foreclosure?
Must one have a bankruptcy in order for a house to be foreclosed? What are the steps to take for a property to be foreclosed? It is hoped you can avoid filing bankruptcy because foreclosure can occur without bankruptcy.
Updated: 09/20/2011 01:18P
Barnes Bay, Resort Owner, Denied Approval of Bankruptcy Plan
US Bankruptcy Judge Peter Walsh in Wilmington, Delaware, said today that he will issue a written decision giving his reasons by the end of the week. Barnes Bay will seek approval of a modified plan that won't pay anything to a group of unsecured
Updated: 09/20/2011 01:17P
Scott Jordan files for bankruptcy
WATERLOO, Iowa --- A longtime business owner and Black Hawk County supervisor has filed for bankruptcy. Scott Jordan filed the petition in US Bankruptcy Court in Iowa's northern district in late August, citing almost $10 million in debt.
Updated: 09/20/2011 01:16P
Mississippi Editorial Roundup
Solyndra has filed for bankruptcy, leaving US taxpayers on the hook for $528 million. The Solyndra corporate offices have been raided by the FBI. That's never a good sign. Congress is investigating whether the Obama administration fast-tracked the
Updated: 09/20/2011 01:16P
McConnell opposes loan guarantees for energy companies—except in Kentucky
After the bankruptcy of California solar panel company Solyndra, which received more than half a billion dollars in loan guarantees from the Department of Energy, Senate Majority Leader Mitch McConnell (R-Ky.
Updated: 09/20/2011 01:08P
Barnes Bay, Anguilla Resort Owner, Is Denied Approval of Bankruptcy Plan
US Bankruptcy Judge Peter Walsh in Wilmington, Delaware, said today that he will issue a written decision giving his reasons by the end of the week. Barnes Bay will seek approval of a modified plan that won't pay anything to a group of unsecured
Updated: 09/20/2011 01:06P
After breach, DigiNotar folds into voluntary bankruptcy
Embattled SSL certificate authority DigiNotar, responsible for issuing hundreds of counterfeit credentials after a hacker breached its infrastructure, apparently isn't too big to fail. The Dutch-based company, owned by data security firm VASCO,
Updated: 09/20/2011 01:06P
Can small business sector bounce back from cases of bankruptcies?
Small businesses are struggling presently especially post recession period which has seen a slew of small units declaring bankruptcy. A nationwide study conducted by Equifax recently revealed that the incidences of bankruptcies have more than doubled
Updated: 09/20/2011 01:05P
Former Ohio trooper is accused of mortgage and bankruptcy fraud, charged in 8
AP COLUMBUS, Ohio — A former Ohio State Highway Patrol trooper is accused of mortgage fraud, bankruptcy fraud, witness tampering and other charges in an eight count federal indictment. The government announced on Tuesday that 46-year-old Benjamin W.
Updated: 09/20/2011 12:53P
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