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Rhode Island city's receiver reveals 5-year financial recovery plan for
Article by: AP CENTRAL FALLS, RI - The Rhode Island-appointed receiver who filed for bankruptcy on behalf of Central Falls has unveiled a five-year recovery plan to get the city back on sound financial footing. Receiver Robert Flanders Jr. said
Updated: 09/22/2011 04:29P
CBS 3 Springfield - WSHMRI city's receiver details 5-year recovery plan
Entertainment News from AP CENTRAL FALLS, RI (AP) - The Rhode Island-appointed receiver who filed for bankruptcy on behalf of Central Falls has unveiled a five-year recovery plan to get the city back on sound financial footing.
Updated: 09/22/2011 04:28P
RI city's receiver details 5-year recovery plan
CENTRAL FALLS, RI - The Rhode Island-appointed receiver who filed for bankruptcy on behalf of Central Falls has unveiled a five-year recovery plan to get the city back on sound financial footing. Receiver Robert Flanders Jr. said Thursday the new
Updated: 09/22/2011 04:28P
State steps in to rescue Hoboken hospital sale
The municipal hospital's management company entered bankruptcy in August. The governor's announcement came after the Hoboken City Council refused to pledge $5 million “effectively forcing the state's oldest hospital to close within the next few weeks
Updated: 09/22/2011 04:27P
Travelport Sends Prepack Ch. 11 Disclosure To SEC
The move is a step toward filing for bankruptcy protection, which the company said it would do once it receives approval of the disclosure statement from certain lenders and equity holders. According to the filing, Travelport's bankruptcy strategy
Updated: 09/22/2011 04:26P
Competitors circle around as Netflix stumbles
Blockbuster, the once-dominant video store chain that Netflix pushed into bankruptcy, wants to reclaim its crown as the current king of video rentals struggles. Now a unit of Dish Network Corp (DISH.O), Blockbuster is expected to announce its jump into
Updated: 09/22/2011 04:24P
Ambac, state regulator agree on reorganization plan
Ambac Financial filed the amended reorganization plan Wednesday in US Bankruptcy Court in Manhattan following months of negotiations. Wisconsin's Office of the Commissioner of Insurance said Wednesday it "recognizes the advantages of reducing
Updated: 09/22/2011 04:22P
Big Banks Seek Dismissal of $1.9B Thornburg Mortgage Suit
In a filing Tuesday in US Bankruptcy Court in Baltimore, the banks asked Judge Duncan W. Keir to throw out the lawsuit filed by the trustee overseeing the liquidation of Thornburg Mortgage Inc. Among the other banks seeking dismissal of the suit are
Updated: 09/22/2011 04:11P
Central Falls, Rhode Island, Receiver Offers Fiscal Rescue Plan
22 (Bloomberg) -- The receiver for Central Falls, the Rhode Island city that declared bankruptcy last month, proposed a mix of sacrifices on the part of city retirees and other creditors to turn around the community's finances.
Updated: 09/22/2011 04:06P
Axelrod denies knowledge of White House influence on Solyndra loan
The bankrupt solar-cell producer has fallen under scrutiny after it filed for bankruptcy in early September — a big surprise to the Obama administration, which had guaranteed $535 million in low-interest loans for the green-energy company.
Updated: 09/22/2011 04:06P
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