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Saab to cut costs after reorganisation approval
Saab Automobile is to push ahead with a range of cost-cutting exercises that could include job losses after winning an appeal for bankruptcy protection. The Swedish court of appeal's decision to allow the carmaker to seek bankruptcy protection reverses
Updated: 09/22/2011 05:19A
Government announces tax hikes, pension cuts, layoffs
Greece said it would deepen pension cuts, extend a painful property tax hike and put tens of thousands of workers on notice on Wednesday to secure a new injection of aid and save the country from bankruptcy. With public anger high over a belttightening
Updated: 09/22/2011 05:17A
Greece announces new austerity measures, unions vow strikes
It will extend a new real estate tax hike originally slated to expire next year until at least 2014. It will also put 30000 civil servants in "labour reserve" this year, reducing their pay to 60 per cent and giving them 12 months to find new work in
Updated: 09/22/2011 05:07A
Saab to improve efficiency as Bankruptcy Halted
On Wednesday, Saab won a court appeal to be granted protection from its creditors as the automaker awaits investments from its Chinese investors, including Pang Da and Zhejiang Youngman Lotus Automobile. The company, which says it has about 150 million
Updated: 09/22/2011 04:39A
Bill Improves US Trustee's Power To Protect Homeowners in Bankruptcy
If the Fighting Fraud in Bankruptcy Act passes into law it will hopefully clarify and strengthen the US Trustee Program's power to remedy creditor abuse. This may prevent mortgage servicers from unfairly profiting from homeowners facing bankruptcy and
Updated: 09/22/2011 04:33A
Bayonne Times front and back page news: Thursday Sept. 22
By The Jersey Journal Hoboken University Medical Center is facing closure after a bankruptcy settlement crucial to its sale to Bayonne Medical Center fell through and the Hoboken council rejected a bond ordinance. In other news, a police officer
Updated: 09/22/2011 04:30A
Duane Morris LLP | Duane Morris Philadelphia Office Adds Trial Partners
Federer represents secured and unsecured creditors in a variety of bankruptcy and collection matters. She graduated in 2005 from Notre Dame Law School. Federer earned her BA in 2002 from the University of Scranton, magna cum laude.
Updated: 09/22/2011 04:27A
Local bankruptcies for Thursday, Sept. 22, 2011
Here is a partial list of commercial bankruptcy filings in Los Angeles County, provided by Timely Info Inc., of Los Angeles. The list generally excludes firms whose debts are less than $50000. Calarosa Ranch Road Trust, 20021 Merridy St., Chatsworth;
Updated: 09/22/2011 04:18A
Property tycoon hires 'heavy' to blackmail former partner
A property tycoon who is facing bankruptcy has been charged with conspiracy to commit blackmail after allegedly sending a 21-and-a-half stone bodyguard to threaten his former business partner. Simon Morris, a property mogul with numerous property
Updated: 09/22/2011 03:59A
Saab wins go-ahead to seek bankruptcy protection
Saab Automobile has won an appeal in a Swedish court to get the go-ahead for bankruptcy protection proceedings. The court of appeal overturned a decision earlier this month preventing it from doing so. The court said its decision "reverses the district
Updated: 09/22/2011 03:56A
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