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Zoeller agrees to return campaign cash from Durham
The bankruptcy trustee for Akron, Ohio-based Fair Finance Co. submitted the settlement for court approval Wednesday, the Indianapolis Business Journal reported. Zoeller's campaign treasurer, Andrew Buroker, said it was simpler to return the money to
Updated: 09/23/2011 06:51A
Burt Reynolds Bankruptcy 1996; Made $5 Million In Cannonball Run
Burt Reynolds filed for bankruptcy in 1996 in Florida after a much publicized divorce from actress Loni Anderson. He had over $10 million in debt. Reynolds' dinner theater was foreclosed on by the mortgage lender and his ranch was sold.
Updated: 09/23/2011 06:46A
GSC CLO plan prepped
A hearing on the trustee's motion for entry of an order in respect of GSC European CDO IR and II is to be held on 5 October at the Bankruptcy Court. Among other things, the hearing will consider: approval of the form of ballot and the establishment of
Updated: 09/23/2011 06:38A
Former Ohio trooper pleads not guilty to fraud
COLUMBUS (AP) -- A former Ohio State Highway Patrol trooper pleaded not guilty Wednesday to charges of mortgage fraud, bankruptcy fraud and witness tampering. A federal indictment alleges that Benjamin Richardson conspired to defraud mortgage lenders
Updated: 09/23/2011 06:37A
Solar firm failure casts doubt on fed loan program
Federal loan guarantees for solar projects have been a boon for Arizona, but the recent bankruptcy of Solyndra LLC has cast a shadow over the program, which was designed to pump close to $40 billion into renewable projects — including $7.1 billion for
Updated: 09/23/2011 06:14A
Bids for Dallas Stars could surpass $280M
But former Texas Rangers CEO Chuck Greenberg announced Monday through his lawyer in court that he is interested in bidding for the bankrupt National Hockey League team. ... Candace covers commercial and residential real estate and sports business.
Updated: 09/23/2011 06:13A
Horizon Lines closes on $25 million bridge loan
Rumors about potential bankruptcy for Horizon Lines Inc. (NYSE: HRZ), based in Charlotte, NC, circulated in March after the company said it expected to default on $330 million in loans because of a $45 million fine for price-fixing in the Puerto Rico
Updated: 09/23/2011 06:08A
Vila & Son's legacy is bankruptcy and auction
The South Florida business landscape changed significantly with the demise of Vila & Son, one of the nation's largest landscaping companies. The Miami-based company closed abruptly Aug. 5 after some employees went unpaid for weeks.
Updated: 09/23/2011 06:07A
Claudio Osorio tries to get approval for new firm
Embattled Miami Beach businessman Claudio Osorio is trying to reinvent himself, again, with the blessing of the US Bankruptcy Court. But he may face an uphill battle. Osorio has been accused of civil fraud in multiple lawsuits, and was targeted by a
Updated: 09/23/2011 06:07A
Solyndra Hearing Set, Minus Key Witnesses
Harrison and Stover are still scheduled to appear before the panel at 9 am The House Oversight and Investigations Subcommittee hearing--“From DOE Loan Guarantee to Bankruptcy to FBI Raid: What Solyndra's Executives Knew”--is now expected to serve
Updated: 09/23/2011 06:06A
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