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732 Social closes in NuLu
In May, local foodies were surprised at the news that the popular East Market Street eatery had filed for Chapter 11 bankruptcy protection. At the time, chef/owner Jason Lewellyn stated that the filing in US Bankruptcy Court was aimed at preventing 732
Updated: 09/21/2011 01:24P
Sawgrass Owners Allowed to Send Reorganization Plan to Creditors for Vote
The owners of Florida's Sawgrass Marriott Resort received bankruptcy court approval to seek votes on a reorganization plan that will give ownership of the resort to secured lender Goldman Sachs Mortgage Co
Updated: 09/21/2011 01:21P
Saab lives another day, winning bankruptcy protection
A Swedish appeals court on Wednesday gave the green light for beleaguered carmaker Saab to reorganise under bankruptcy protection, delaying what had appeared to be the company's imminent demise. AFP - A Swedish appeals court on Wednesday gave the green
Updated: 09/21/2011 01:19P
Hooters casino creditor again presses for foreclosure
The main creditor of the Hooters Las Vegas resort is stepping up efforts to foreclose on the bankrupt property, again arguing Hooters is wasting money as it attempts to reorganize in bankruptcy. The creditor, Canpartners Realty
Updated: 09/21/2011 01:19P
Lehman to drop appeals of bankruptcy court ruling over Barclays sale
NEW YORK ? Lehman Brothers Holdings Inc. said it will drop its appeal of a bankruptcy court's ruling upholding Barclays Plc's. purchase of its North American business in 2008. In a statement, Lehman said on Wednesday it will drop its challenge of Judge
Updated: 09/21/2011 01:18P
Saab Auto Gets Chance to Reorganize as Bankruptcy Halted
21 (Bloomberg) -- Saab Automobile staved off bankruptcy after a Swedish court granted the struggling carmaker's appeal for protection from creditors, giving it a chance to restart production. The Court of Appeal for Western Sweden today approved Saab's
Updated: 09/21/2011 01:13P
Lehman to drop appeals over Barclays sale
op its appeal of a bankruptcy court's ruling upholding Barclays Plc's purchase of its North American business in 2008. In a statement, Lehman said on Wednesday it will drop its challenge of Judge James Peck's February ruling denying its
Updated: 09/21/2011 01:11P
17 Sunrise Morning Briefing
Education officials said they planned to stay late after class to review the list of students who hadn't gotten the shot. Surveillance video released of the Fastrip shooting in Rosedale involving a Sheriff's deputy shows most of the shooting,
Updated: 09/21/2011 12:52P
MOODY'S LOWERS BANK OF AMERICA RATING TO Baa1
According to the agency the government of the United States seems less inclined to prevent large banks experiencing financial problems from filing for bankruptcy. The Bank of America recently implemented a tough plan to balance its books.
Updated: 09/21/2011 12:52P
Lehman to Drop Appeal of Ruling in $11 Billion Barclays Lawsuit Over Sale
14 ruling by US Bankruptcy Judge James Peck in Manhattan rejecting its claim that Barclays owed about $500 million for allegedly unpaid bonuses. Peck previously ruled against Lehman in the larger suit against London-based Barclays.
Updated: 09/21/2011 12:51P