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Sources: Hoboken to withdraw request to sell hospital after bankruptcy
The hospital's future is in doubt after the city plans to withdraw its request to sell the facility after negotiations to settle a pending bankruptcy collapsed today, sources said. HOBOKEN — The city of Hoboken is planning to withdraw its request to
Updated: 09/21/2011 05:43P
Initiating coverage of Pacific Ethanol as Outperform
Adverse market conditions and inadequate working capital caused the company to idle three of the four plants and the plant subsidiaries to file for Chapter 11 of the Bankruptcy Code on May 17, 2009. The plan of reorganization was approved by the Court
Updated: 09/21/2011 05:37P
'Housewives' star feels 'vindicated' paying off debts
(PEOPLE.com) -- When Teresa and Joe Giudice first filed for bankruptcy in 2009, listing a staggering $11 million in debt, their obstacles seemed insurmountable. But now, an attorney for the "Real Housewives of New
Updated: 09/21/2011 05:34P
Bankruptcy judge appoints Howrey trustee
NEW YORK, Sept 21 (Reuters) - A bankruptcy judge in San Francisco has ruled that a trustee should oversee the Howrey bankruptcy. The ruling Wednesday by Judge Dennis Montali means that a government-appointed trustee will handle the liquidation of the
Updated: 09/21/2011 05:31P
Lehman Drops Litigation to Collect $11 Billion From Barclays
14 ruling by US Bankruptcy Judge James Peck in Manhattan rejecting its claim that Barclays owed about $500 million for allegedly unpaid bonuses. “This is the start of them winding down the litigation,” said Chip Bowles, a bankruptcy lawyer at
Updated: 09/21/2011 05:26P
Lehman estate drops $11bn Barclays suit
Lehman Brothers' estate abandoned an $11bn lawsuit against Barclays on Wednesday, providing a boost for the UK bank and bringing the most expensive US bankruptcy of all time closer to resolution.
Updated: 09/21/2011 05:25P
Desperate Greece announces further savage cuts
Pensions above 1200 euros ($US1,650) per month will be cut, 30000 state employees will be temporarily laid off and the revenue exemption on annual taxes will be reduced to 5000 euros, the government said in a statement. The measures "should enable to
Updated: 09/21/2011 05:09P
Greece's debt-weary citizens hit with new austerity cuts
Athens - Debt-weary Greeks were hit with new austerity measures on Wednesday which include the immediate redundancies of thousands of civil servants and new pension cuts, in order to secure crucial bailout funds needed to avoid bankruptcy,
Updated: 09/21/2011 05:06P
St. Augustine horse sanctuary freed from creditors in Ponzi scheme bankruptcy
Sign up for Jacksonville.com's afternoon top stories and get today's top stories in your inbox each afternoon. By Dan Scanlan A St. Augustine sanctuary for injured or aging horses thought the race was over last year when clients of Lydia Cladek's
Updated: 09/21/2011 05:04P
Greece to accelerate austerity measures
Greece has announced further austerity cuts after pledging to do "anything" to stay in the eurozone and secure bankruptcy-saving loans, as unions announced new strikes against the latest measures. Pensions above $1650 per month will be cut and 30000
Updated: 09/21/2011 05:02P
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