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Ambac files new bankruptcy plan with regulator OK
Sept 22 (Reuters) - Ambac Financial Group Inc has filed an amended bankruptcy plan after reaching a settlement with its Wisconsin regulator, which could avert a liquidation for what was once the second-largest US bond insurer.
Updated: 09/22/2011 11:03A
Greek PM: new austerity only way to avert bankruptcy
ATHENS (Reuters) - Greek Prime Minister George Papandreou said on Thursday his country needed to implement a new series of painful austerity measures or face bankruptcy. On Wednesday, Papandreou's cabinet agreed to bring forward belt-tightening reforms
Updated: 09/22/2011 11:01A
Phoenix Advises Elephant & Castle Group
Phoenix's engagement was approved by the US Bankruptcy Court for the District of Massachusetts on August 31, 2011. Elephant & Castle operates and franchises authentic, full-service British style restaurant pubs in the United States and Canada.
Updated: 09/22/2011 11:00A
4 Second-Chance Stocks to Bank On
Companies out of bankruptcy -- and its sibling, the recapitalization -- can offer marvelous odds of reward to risk. While most investors smell only a foul odor, those who love these special situations exercise finely trained noses to select companies
Updated: 09/22/2011 10:59A
Not-Guilty Plea For Ex-Ohio Trooper In Fraud Case
Benjamin Richardson has pleaded not guilty to charges of mortgage fraud, bankruptcy fraud and witness tampering. By: Associated Press COLUMBUS, Ohio -- A former Ohio State Highway Patrol trooper has pleaded not guilty to charges of mortgage fraud,
Updated: 09/22/2011 10:58A
Greeks strike among pain and anger over austerity
Papadimas & Tatiana Fragou Greek workers staged a 24-hour strike on Thursday forcing the transport system to a standstill in protest against the government's intensified austerity drive to secure aid to save the debt-laden country from bankruptcy.
Updated: 09/22/2011 10:58A
Solar Companies Face Headwinds
Three solar panel makers in the US have filed for bankruptcy protection. California-based Solyndra, which had received more than $500 million in federal loan guarantees, is the latest. Earlier in August, Spectrawatt, an Intel spinoff,
Updated: 09/22/2011 10:26A
Solar Is Just Getting Started
You might not have heard, but solar panel maker and Obama administration renewable-energy exemplar Solyndra declared bankruptcy this month. It wasn't the first solar manufacturer to go
Updated: 09/22/2011 10:22A
Jevic, Solyndra, Lehman, Ambac, Madoff, Dodgers: Bankruptcy
(This report contains items about companies both in bankruptcy and not in bankruptcy. Adds Solyndra, Lehman, Ambac and Madoff in Updates; Travelport in Watch List; O'Charley's in Downgrade; and Daily Podcast section.) Sept.
Updated: 09/22/2011 10:17A
Saab given bankruptcy protection after all
After initially being denied bankruptcy protection from several creditors thirsty for overdue funds, Saab convinced an appeals court they have a plan for recovery. That's why they were granted bankruptcy protection September 21, giving them three
Updated: 09/22/2011 10:11A
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