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Solyndra political scandal has a local hook
With the bankruptcy announcement by Solyndra, Windsong Energy Solutions' work for the Raleigh business came to an abrupt end before any solar panels were installed. Brannock said $60000 had been invested by the Raleigh company on its roof to make it
Updated: 09/23/2011 07:52A
Travelport moves to extend debt repayment to 2016, but parent could face
Although operating company Travelport Ltd has moved to extend the terms of its PIK loan to 2016, there is a possibility that parent company Travelport Holdings could go into bankruptcy to force the move through. There needs to be unanimous consent by
Updated: 09/23/2011 07:50A
Slavery museum files for Chapter 11 bankruptcy
RICHMOND — The United States National Slavery Museum led by ex-governor and former mayor L. Douglas Wilder has filed for Chapter 11 bankruptcy protection. The action Wednesday would allow the proposed museum to reorganize and regroup free from pressure
Updated: 09/23/2011 07:48A
September 23: Job of the day
Knowledge of bankruptcy and workers compensation is a plus. The position works approximately 30 hours per week and pays $11 per hour (negotiable). To learn more about the position and how to apply go to the Department of Labor and Employment's website,
Updated: 09/23/2011 07:39A
CLEPA endorses "harsh" Saab efficiency drive
Against many observers' estimates the Swedish manufacturer managed to secure bankruptcy protection from the Appeal Court in Gothenburg this week - a procedure that will grant it immunity from creditors such as suppliers and unions for the time being.
Updated: 09/23/2011 07:31A
Court OKs bidding process in Dallas Stars bankruptcy
The US Bankruptcy court in Wilmington, Del., approved a bidding process in place by Vancouver businessman Tom Gaglardi, the team, the National Hockey League and creditors. If no other bidders come forward by that date the court will hold a confirmation
Updated: 09/23/2011 07:19A
Bookseller's data auction delayed over privacy fears
Borders, which filed for bankruptcy in February 2011, put intellectual property including customer data, and in some cases credit card numbers, up for auction last week. Barnes & Noble successfully bid $13.8 million for the IP, but the sale has been
Updated: 09/23/2011 07:16A
Heidi Montag ($65000 Episode) Spencer Pratt Blew $10 Million
by Staff Heidi Montag was paid $65000 an episode on "The Hills" but she and Spencer Pratt filed for bankruptcy after frittering away their entire multi-million dollar fortune. The couple claimed they owed $2 million in taxes and were forced to move out
Updated: 09/23/2011 07:09A
Toni Braxton $50 million Bankruptcy in 1998
by Staff Toni Braxton $50 million Bankruptcy in 1998. R&B star Toni Braxton™s financial woes continued to spiral so the singer filed for bankruptcy in 1998. The Un-Break My Heart hitmaker filed papers in California, claiming she owed between $10
Updated: 09/23/2011 07:09A
Blockbuster expected to announce streaming service
AP SAN FRANCISCO -- Dish Network Corp. is expected to unveil an Internet video service Friday in a move that could give movie lovers another reason to abandon Netflix. The service will be offered through Blockbuster, the video store chain that Dish
Updated: 09/23/2011 07:03A
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