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Court backs Picnic planner's proposal
The Central Bankruptcy Court yesterday ruled in favour of a proposal by the rehabilitation planner of Picnic Corp to settle a case with Asset Million Co (AMC) involving 7.99 million shares of World Gas. If the deal is concluded, the court said,
Updated: 09/22/2011 03:07P
BREAKING: Gov. Christie says he'll make $5 million more in state funds
Christopher Christie said on Thursday that he will make available $5 million of state funds to contribute to a bankruptcy settlement that Mayor Dawn Zimmer said could save Hoboken University Medical Center from closure. Besides this money, the state
Updated: 09/22/2011 03:04P
Ind. AG agrees to return Durham contribution
The Indianapolis Business Journal reports (http://bit.ly/nvFEAd ) the bankruptcy trustee for Akron, Ohio-based Fair Finance Co. submitted the settlement for court approval on Wednesday. Zoeller's campaign treasurer, Andrew Buroker, says it was simpler
Updated: 09/22/2011 03:04P
Receiver files Central Falls' reorganization plan
CENTRAL FALLS, RI -- The state-appointed receiver charged with balancing the city's finances has filed in Bankruptcy Court his plan to close a $5.6-million deficit and "ensure the city can live within its means" and survive independently for at least
Updated: 09/22/2011 03:02P
Court Grants Saab Protection from Creditors
The protection, similar to a Chapter 11 bankruptcy in the US, was granted for a period of three months, the appeals court in western Sweden said in a statement. The company could seek an extension. Separately, Saab parent Swedish Automobile NV said
Updated: 09/22/2011 03:00P
13 WTHRIndiana attorney general agrees to return Durham contribution
The Indianapolis Business Journal reports the bankruptcy trustee for Akron, Ohio-based Fair Finance Co. submitted the settlement for court approval on Wednesday. Zoeller's campaign treasurer, Andrew Buroker, says it was simpler to return the money to
Updated: 09/22/2011 02:59P
Sep 22, 2011 posted by: Andrew Koch-WGMD News
Circle J filed for bankruptcy 3 months later. Georgetown – Attorney General Beau Biden announced today that his office has secured a criminal indictment for racketeering and theft against the owners of Circle J Builders for activities related to two
Updated: 09/22/2011 02:58P
UBS' Shady Dealings Are A Lehman Deja Vu
Last Thursday marked the three-year anniversary of the spectacular collapse and bankruptcy of Lehman Brothers. Fittingly enough, the next morning a UBS (UBS) trader in London was arrested on fraud charges for his role in a trading scheme that triggered
Updated: 09/22/2011 02:57P
RHONJ's Teresa Giudice Feels "Vindicated" That She Can Now Repay Her Debts!
As you recall, on Monday the Real Housewives of New Jersey star's husband, Joe Giudice withdrew his bankruptcy filing after controversy over allegations the Giudices had lied about their assets and income at the time of filing.
Updated: 09/22/2011 02:55P
Correcting President Obama's Myriad Tax Fallacies
I am Director of Entitlement and Budget Policy for the Heartland Institute, General Counsel of Americans for Tax Reform, and Senior Fellow for the Carleson Center for Public Policy. I served in the White House Office of Policy Development under
Updated: 09/22/2011 02:54P
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