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Flint GM workers vote on whether to ratify contract
The union says it went into these negotiations in a tough spot, GM recently emerged from bankruptcy protection and its workers can not strike. "It's the best that we're going to get right now," says Flint GM worker Mukhtar Harara, who drives in from
Updated: 09/23/2011 04:28P
Energy Department finalizes three loan guarantees totaling $623.9 million
The announcement comes just weeks after Solyndra – a California-based solar company that received a $535 million loan guarantee – filed for bankruptcy and laid off 1100 workers, igniting a firestorm in
Updated: 09/23/2011 04:24P
Greek default talk gets louder
While Finance Minister Evangelos Venizelos was trying to deny scenarios of a Greek default on Friday, officials of Greece's European Union partners seemed to fuel speculation that an orderly Greek bankruptcy would include a haircut to Greek bonds
Updated: 09/23/2011 04:18P
SolarCity Seeks Lawmakers' Help On $275M DOE Loan Guarantee
Solar-panel installer SolarCity Inc. asked US lawmakers Friday to extend a fast-approaching deadline for closing loan guarantees for renewable energy projects, saying new requirements issued after the Solyndra
Updated: 09/23/2011 04:18P
Solyndra Executives Take Fifth at House Hearing
The committee is examining how the company failed after getting $528 million in government loans. The case is an acute embarrassment for the Democrats because Solyndra was the first loan guarantee approved by the Obama administration under a program
Updated: 09/23/2011 04:17P
Undisclosed money source, new bankruptcy settlement terms brings Hoboken
Zimmer and other city, hospital authority and hospital officials have spent the past two days in bankruptcy court negotiating a deal with the creditors committee, which includes hospital unions JNESO and 1199J, who have denied allegations that they are
Updated: 09/23/2011 04:14P
Katten Muchin Rosenman LLP | Ninth Circuit Allows Discharge of Debt Related to
The US Court of Appeals for the Ninth Circuit has found that debts relating to a securities law violation could be discharged in a Chapter 7 bankruptcy proceeding if the debtor himself was not responsible for violating federal securities laws.
Updated: 09/23/2011 04:11P
The Broke and the Beautiful: Dallas Stars Edition
This week on The Broke and the Beautiful, the sports world is again overshadowing the rest of the celebrity bankruptcy world. A “Real Housewives” couple are in the spotlight, but the Dallas Stars are elbowing for a close-up,
Updated: 09/23/2011 04:10P
Camille Grammer Steps Out With New Boyfriend
Grammer debuted her new boyfriend, 35-year-old bankruptcy attorney Dimitri Charalambopoulos, last night at fellow “Real Housewives of Beverly Hills” co-star Lisa Vanderpump's birthday party in Hollywood. The couple has been dating for a few months.
Updated: 09/23/2011 04:10P
Actions, Even Small Ones, Can Affect Your Credit Score
Your credit report should also show a mix of credit - in other words, spread your debt around to include a mortgage, car loan and personal loans, as well as credit cards or lines of credit. In addition, you should hold off closing accounts,
Updated: 09/23/2011 04:08P
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