Latest Legal Advertising News
AMR May Seek Bankruptcy Protection as Labor Talks Hit Impasse
At the Deutsche Bank Aviation and Transportation Conference held recently, American Airlines (NYSE:AMR) denied seeking bankruptcy liquidation (Chapter 7) but did not rule out the possibility of seeking bankruptcy protection (Chapter 11) to reorganize
Updated: 09/20/2011 02:58P
Anchor properties' mortgages sold at auction
Bidding on nonperforming loans tied to four Central Ohio office properties went into overtime on the Auction.com real estate site Tuesday. The mortgages extended to Anchor Government Properties III LLC fetched $3 million at the end of the primary
Updated: 09/20/2011 02:58P
Greece locked down in talks on funding
Greek Finance Minister Evangelos Venizelos will hold a conference call with head auditors from the EU, IMF and European Central Bank at 1700 GMT, his office said, with the government under pressure to launch new austerity measures and get going with
Updated: 09/20/2011 02:56P
City Needs to Bond Before Hospital Sale Can Go Through
Before the Hoboken University Medical Center can be sold to private owner HUMC Holdco LLC, the city council will have to approve a bond for millions of dollars to settle a bankruptcy dispute between the hospital and its creditors,
Updated: 09/20/2011 02:55P
Hoboken mayor asks taxpayers for $5M to settle hospital bankruptcy claims
Creditors, from unions to medical vendors, yesterday said they would agree to settle the bankruptcy if the hospital came up with an additional $10 to $12 million to settle its outstanding bills, according to sources. Councilwoman Beth Mason, who has
Updated: 09/20/2011 02:52P
Landmark at Doral files for Chapter 11
Several companies associated with the aborted Landmark at Doral development filed for Chapter 11 bankruptcy on Monday, almost three years after AmTrust Bank sought to foreclose on the project. The mixed-use development comprised 120 acres and once
Updated: 09/20/2011 02:52P
Solyndra bankruptcy puts other federal loan recipients under scrutiny
California-based Solyndra filed for Chapter 11 bankruptcy protection, closed its plant, and laid off all 1100 workers, despite receiving a $535 million federal loan in 2009. While the company said high production costs rendered it unable to compete
Updated: 09/20/2011 02:49P
Santa Ana looks at outsourcing fire, jail, zoo, library
Asked if declaring bankruptcy is a possibility, Walters said "It's always an option. Is it somewhere we believe we would go, absolutely not." Bankruptcy would be a gamble that paying legal fees could cost less than adhering to contracts with the city's
Updated: 09/20/2011 02:38P
Souped-up tariffs
It is a measure of the bankruptcy in the planning process of regional electricity undertakings that a State utility, and a bleeding one at that, such as the Uttar Pradesh Power Corporation (UPPCL) entered into a one-year pact with a private generator
Updated: 09/20/2011 02:35P
Hacked Dutch Internet company declared bankrupt
A Dutch judge granted a bankruptcy filing Tuesday for Internet security company DigiNotar, whose servers were apparently breached by an Iranian hacker in July, its parent company said. A Dutch judge granted a bankruptcy filing Tuesday for Internet
Updated: 09/20/2011 02:33P
Primary Categories