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Mayor: Hospital Deal on 'Life Support'
If Wednesday night's $5 million bond ordinance to settle a bankruptcy agreement doesn't go through, the sale of the Hoboken University Medical Center to private bidder HUMC Holdco LLC. will fall through, Mayor Dawn Zimmer said before
Updated: 09/21/2011 07:27P
Lehman drops Barclays litigation
Lehman Brothers Holdings said it will drop its appeal of a bankruptcy court's ruling upholding Barclays' purchase of its North American business in 2008. In a statement, Lehman said yesterday it will drop its challenge of Judge James Peck's February
Updated: 09/21/2011 07:25P
City of Hoboken plans to withdraw request to sell hospital, sources say
A bankruptcy settlement was considered pivotal to the sale of the hospital to the ownership group of Bayonne Medical Center. By withdrawing the motion to sell the hospital, the city and its hospital authority will prevent formal objections to the sale
Updated: 09/21/2011 07:20P
Frank McCourt said not to respond to $1.2-billion Dodgers bid
Burke, the founder of the Los Angeles Marathon, said his group would be interested in bidding on the Dodgers should the team be put up for sale in a Bankruptcy Court auction. Steve Sugerman, the spokesman for McCourt, did not immediately respond to a
Updated: 09/21/2011 07:17P
Solar flap misses point on energy subsidies
The combination of the debt-ceiling debate and the recent bankruptcy of a solar firm with a $535 million loan guarantee is certain to give energy subsidies a leading part in the Washington budget drama this fall.
Updated: 09/21/2011 07:13P
Renovo bids to bag both Andronico's Markets and AG Ferrari Foods
The prices for the separate deals were disclosed in documents on file with the US Bankruptcy Court in Oakland. "With both companies, we hope to improve the customer experience, the product offerings and the physical facilities," Lavie said.
Updated: 09/21/2011 07:11P
Privacy terms throw snag in B&N-Borders IP deal
Borders is scheduled to seek court approval of the sale at a hearing tomorrow in US Bankruptcy Court in Manhattan. Consumer privacy ombudsman Michael St. Patrick Baxter, an attorney at Washington law firm Covington & Burling, issued a report Wednesday
Updated: 09/21/2011 07:10P
Adelson back in Top 10 of Forbes Richest list
New York hedge fund operator John Paulson, who owns large portions of Caesars Entertainment Corp., MGM Resorts International and Boyd Gaming Corp., was 17th on the list with net worth of $15.5 billion. New York corporate raider Carl Icahn, who controls
Updated: 09/21/2011 06:59P
Renovo bids to bag both Andronico's Markets and A.G. Ferrari Foods
The prices for the separate deals were disclosed in documents on file with the US Bankruptcy Court in Oakland. "With both companies, we hope to improve the customer experience, the product offerings and the physical facilities," Lavie said.
Updated: 09/21/2011 06:57P
Madoff Trustee, Firm Seek $45M Fees for 4 Months
(JPM), said in the fee application he expects to spend more time working on cases that may go to the US Supreme Court, the appeals court and district court, as well as bankruptcy court where he originally filed his suits. He has appealed a July ruling
Updated: 09/21/2011 06:47P
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