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Solyndra Creditors Seek Delay in Sale of Solar-Panel Maker
A committee representing unsecured creditors owed about $40 million asked US Bankruptcy Judge Mary Walrath to delay the deadline by at least four weeks, to the end of November, for potential buyers to submit bids to buy the company.
Updated: 09/26/2011 01:51P
Former Secretary Rice's firm also worked for Solyndra
Ms. Manuel termed the assignment as “small,” and bankruptcy records do not indicate how much the solar company paid to the Rice Hadley Group. She confirmed the firm's work for Solyndra on Monday in response to an inquiry from The Washington Times about
Updated: 09/26/2011 01:35P
Settlement talks delayed in Nissan lawsuit against Deuce McAllister
AP A settlement conference has been postponed in a lawsuit related to a Nissan dealership that was owned by former New Orleans Saints running back Deuce McAllister. McAllister's Nissan dealership in Jackson closed after filing for bankruptcy in 2009.
Updated: 09/26/2011 01:26P
Sale of Serepisos properties tipped
Wellington businessman Terry Serepisos is expected to lose his property empire in the wake of his bankruptcy. The former owner of the Phoenix football club was declared bankrupt in the High Court on Monday, owing creditors an estimated $230 million.
Updated: 09/26/2011 01:13P
Settlement Talks Delayed In Deuce McAllister Lawsuit
McAllister's Nissan dealership in Jackson closed after filing for bankruptcy in 2009. A settlement conference for the case had been scheduled for Tuesday, but that's been pushed back until Oct. 19. Nissan Motor Acceptance Corp. sued McAllister for more
Updated: 09/26/2011 01:12P
Solyndra Creditors Seek Delay in Bankruptcy Auction of Solar-Panel Maker
A committee representing unsecured creditors owed about $40 million asked US Bankruptcy Judge Mary Walrath to delay the deadline by at least four weeks, to the end of November, for potential buyers to submit bids to buy the company.
Updated: 09/26/2011 01:12P
Martino bankruptcy creditor comes to his defense
Michael Sanchez, a portfolio manager with Colony Capital, an investment fund that owns more than $30 million in Martino's debt, said in an email to a Clear Channel Communications executive last week that the fund doesn't believe Martino committed fraud
Updated: 09/26/2011 01:10P
Under pressure, European leaders work to bolster debt crisis fund
WASHINGTON (Reuters) – European policymakers began working on new ways to stop fallout from Greece's near-bankruptcy from inflicting more damage on the world economy after stinging criticism for failing to stem the debt
Updated: 09/26/2011 01:09P
USG Chairman Foote to retire; CEO to take over
After USG emerged from bankruptcy, a five-year process instigated in 2001 by asbestos-exposure claimants, company shareholder and legendary investor Warren Buffett called it “the most successful managerial performance in bankruptcy that I've ever seen.
Updated: 09/26/2011 01:05P
USG Chairman Foote to retire; CEO takes over
After USG emerged from bankruptcy, a five-year process instigated in 2001 by asbestos-exposure claimants, company shareholder and legendary investor Warren Buffett called it “the most successful managerial performance in bankruptcy that I've ever seen.
Updated: 09/26/2011 01:04P
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