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Wilder's slavery museum files bankruptcy
AP The United States National Slavery Museum led by former Gov. L. Douglas Wilder has filed for Chapter 11 bankruptcy protection. According to the Richmond Times-Dispatch, papers filed Wednesday in US Bankruptcy Court say the museum has more than $3
Updated: 09/22/2011 11:32A
Closure of NJ's Hoboken University Medical Center Looms as City Council
The Hoboken City Council rejected a $5 million bond deal to appease creditors involved in bankruptcy negotiations with Hoboken (NJ) University Medical Center, leading the city's mayor to believe the hospital will close soon, according to a Star-Ledger
Updated: 09/22/2011 11:31A
Judge Approves Madoff Trustee Settlement With Tremont Funds
Among the parties settling were Oppenheimer Acquisition Corp., an affiliate of the Oppenheimer mutual funds that bought Tremont, and Oppenheimer's parents, MassMutual Holding LLC and Massachusetts Mutual Life Insurance Co. Earlier this month, New York
Updated: 09/22/2011 11:29A
Slavery museum led by former Gov. Wilder files for Chapter 11 bankruptcy
The United States National Slavery Museum led by former Gov. L. Douglas Wilder has filed for Chapter 11 bankruptcy protection. According to the Richmond Times-Dispatch (http://bit.ly/ocVjai ), papers filed Wednesday in US Bankruptcy Court say the
Updated: 09/22/2011 11:22A
Dynegy sued over asset transfer said to help Icahn
The plaintiffs include funds overseen by Avenue Investments LP, Caspian Capital LP, Oaktree Capital Management LP, Western Reserve Life Assurance Co of Ohio and others. Their lawsuit seeks to undo the asset transfers and recover other damages.
Updated: 09/22/2011 11:21A
Greece and the euro
The idea of a country declaring bankruptcy seems difficult for most people—especially Canadians—to comprehend. We may consider the benefits of Greek citizens, such as reports of taxi drivers retiring at age 53, to be egregious, but also wonder whether
Updated: 09/22/2011 11:18A
Monthly Archives: April 2009
Ritz Camera Center Inc., the owner of Wolf Camera, gained Bankruptcy Court approval to sell the assets of the 400 stores it plans to close, including the store in Brookhaven Station in Brookhaven, as part of a plan to liquidate 40 percent of its stores
Updated: 09/22/2011 11:14A
Attorney General agrees to return Durham campaign funds
Fair Finance bankruptcy trustee Brian A. Bash submitted the settlement on Wednesday for court approval. Bash is attempting to recover some of the more than $200 million Fair Finance owes to 5200 Ohio investors. Akron, Ohio-based Fair Finance Co. had
Updated: 09/22/2011 11:13A
Bankruptcy – Relief from automatic stay – Mortgage
By Tom Egan Where a US Bankruptcy Court judge allowed a lender's motion for relief from the automatic stay in order to foreclose on the mortgaged property, that ruling must be vacated because of an absence of any judicial finding of a lack of equity on
Updated: 09/22/2011 11:08A
Judge Approves Madoff Trustee's $1 Billion Settlement With Tremont Funds
Among the parties settling were Oppenheimer Acquisition Corp., an affiliate of the Oppenheimer mutual funds that bought Tremont, and Oppenheimer's parents, MassMutual Holding LLC and Massachusetts Mutual Life Insurance Co. Earlier this month, New York
Updated: 09/22/2011 11:06A