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“A smelly deal” • Fred Johnson
Now, Solyndra has filed for bankruptcy leaving taxpayers with a $528 million loss. The company applied for federal funding from the Bush administration and was turned down. Then Solyndra tried to issue a stock offering but auditors reported that “The
Updated: 09/23/2011 11:29A
Dish Network Jumps into Streaming Video (DISH, NFLX, AMZN, WMT, BBY, CMCSA
(NASDAQ: DISH) paid $320 million to acquire Blockbuster Inc. out of bankruptcy. Speculation at the time suggested that Dish would enter the streaming video and DVD-by-mail market in a direct challenge to Netflix, Inc. (NASDAQ: NFLX).
Updated: 09/23/2011 11:25A
Unlike failed solar firms, Abound says it's on track [Indianapolis Business
31 bankruptcy and shutdown of California-based Solyndra, a government-backed maker of solar panels, is prompting a flurry of questions in Tipton about the future of Abound Solar. Like Solyndra, Colorado-based Abound won a federal loan guarantee from
Updated: 09/23/2011 11:23A
National Slavery Museum in Virginia files for bankruptcy with debts of $3m
The blighted US National Slavery Museum, founded by former Virginia governor Doug Wilder and with a board including actor Bill Cosby, has filed for bankruptcy. According to court documents filed in US Federal Court, the museum which
Updated: 09/23/2011 11:19A
The flip that didn't flop: contracting out of insolvency
For example, as has already been highlighted by Guildhall Chambers in a note on Belmont, do we need to look again at clauses in personal pension schemes which provide for a forfeiture of benefits on bankruptcy and what about the case, referred to above
Updated: 09/23/2011 11:15A
Report: Borders intellectual property sale delayed by privacy questions
US Bankruptcy Judge Martin Glenn, Manhattan, asked that privacy rights for 48 million customers be clarified. He adjourned the Thursday sale-approval hearing in order to explore a privacy expert's claims that how Barnes & Noble used the acquired rights
Updated: 09/23/2011 11:13A
Central Falls police chief officially out
Receiver Robert Flanders Jr. who filed for bankruptcy on behalf of Central Falls unveiled Thursday a five-year recovery plan to get the city back on sound financial footing through a combination of budget and pension cuts and tax increases.
Updated: 09/23/2011 11:10A
BANKRUPTCY WEEK AHEAD: Solyndra Seeks To Auction Assets, Hire Lawyers
Embattled solar-panel maker Solyndra LLC will ask the Wilmington, Del., bankruptcy court Tuesday for permission to auction its assets and to hire attorneys, including a former Massachusetts governor, to represent it in ongoing
Updated: 09/23/2011 11:08A
The Inevitability of Chaos and Major Losses in Strategic High Tech
The technology frontier has always been a turbulent place. Solyndra's failure should be no surprise or cause for alarm. Without knowing the technological, financial, and political details of the Solyndra bankruptcy, I can't say what
Updated: 09/23/2011 11:03A
National Slavery Museum files for bankruptcy with debts of $3million after
The blighted US National Slavery Museum, founded by former Virginia governor Doug Wilder and with a board including actor Bill Cosby, has filed for bankruptcy. According to court documents filed in US Federal Court, the museum which
Updated: 09/23/2011 11:03A