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Winery auction called a success
FRONT ROYAL -- The marriage of Tareq and Michaele Salahi has gone sour, but the bankruptcy auction Sunday at their winery was a smooth, successful operation, the presiding auctioneer said this week.
Updated: 09/24/2011 12:26A
Dominion Club files reorganization plan
Under the proposed plan, ownership of the private club and the real estate would not change. The club, owned by business entities associated with its developer, HHHunt Corp., includes a 28000-square-foot clubhouse, a swim and racket facility,
Updated: 09/24/2011 12:14A
Chain bookstore Borders to close last store in Singapore
24 (Xinhua) -- Bookstore chain Borders will close its only remaining outlet in Singapore on Monday, in the latest chapter of a wave of failure of high street book stores that had started with the bankruptcy of its former parent firm in the United
Updated: 09/24/2011 12:11A
European powers discuss possible bankruptcy of Greece
On the contrary, the recession is worsening and leading European powers are thinking aloud about the prospect of Greek state bankruptcy. For the first time, a leading member of the ECB has not ruled out an orderly insolvency by Greece.
Updated: 09/24/2011 12:07A
Schutt Sports says it's growing again
LITCHFIELD — Executives at Schutt Sports say the company is growing again a year after an award in a major patent-infringement lawsuit forced the sporting goods manufacturer into bankruptcy reorganization. Schutt took the unusual step
Updated: 09/24/2011 12:05A
Marilyn Monroe's First Photo Shoot to Be Auctioned to Settle Photographer's Debts
Earlier this week, a Florida bankruptcy judge ruled this week that photos taken in 1946 of Norma Jeane Dougherty, who you might recall went on to become the iconic sex symbol Marilyn Monroe, will be sold at auction to settle the debts of the
Updated: 09/24/2011 12:04A
President Solyndra
The sudden bankruptcy of the Fremont, California, manufacturer of solar panels?—?after it was feted as a model creator of “green jobs” by President Obama and Vice President Biden?—?has already featured FBI raids, contentious congressional hearings,
Updated: 09/24/2011 12:00A
Dodgers Fight Forced Sale
In a statement released Friday, the team called the league's motion to request a federal bankruptcy judge order the sale "meritless." It also claimed the motion "ignores the fact that the Commissioner has treated the Dodgers differently" from other
Updated: 09/23/2011 11:59P
US solar firms lead in installation
"The question is whether we are willing to take on this challenge, or whether we will simply cede leadership in clean energy to other nations and watch as tens of thousands of jobs are created overseas," said Jonathan Silver, head of the Energy
Updated: 09/23/2011 11:56P
Solyndra executives refuse to answer questions at House hearing
Many Republicans are using the bankruptcy to attack the Obama administration's stimulus program and its focus on alternative energy. The solar-power industry has a heavy presence in California. At the hearing, Oversight and Investigations subcommittee
Updated: 09/23/2011 11:51P