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MLB: Dodgers' lawyers conflicted, should be removed(2)
The Dodgers disagree, and argue that bankruptcy law trumps the MLB contract. The team plans to sell the rights to broadcast the team's games, and use the billions of dollars to pay back creditors in full. The team will likely ask the judge to overrule
Updated: 09/26/2011 04:58P
Deloitte & Touche Sued Over Taylor Bean Collapse
The trustee overseeing the bankruptcy of Taylor Bean & Whitaker Mortgage Corp. filed a lawsuit Monday against Deloitte & Touche LLP, saying the firm's "grossly negligent audits" contributed to the mortgage lender's
Updated: 09/26/2011 04:49P
Solyndra, Creditors Find Common Ground on Sale Plan
Members of Congress are investigating how Solyndra secured a government loan guarantee in 2009, while at the same time private investors had serious doubts about its technology. On Friday, the company's chief executive, Brian Harrison,
Updated: 09/26/2011 04:43P
Solyndra and the GOP
Republicans have been celebrating the bankruptcy of taxpayer-funded solar energy company Solyndra as a scandal that will taint the Obama administration and its “green jobs” push. But it's not just Democrats who are entangled in this one.
Updated: 09/26/2011 04:31P
Berkshire Buyback Gives Buffett New Weapon to Face Market Slump
26 (Bloomberg) -- Berkshire Hathaway Inc.'s Warren Buffett, who invested more than $15 billion in the month after the 2008 bankruptcy of Lehman Brothers Holdings Inc., is now prepared to spend cash on his own firm in a market slump.
Updated: 09/26/2011 04:29P
Milacron sees sales topping $800M in 2011
Two years after emerging from bankruptcy reorganization, Milacron LLC expects to grow sales by more than 25 percent to $800 million in 2011, returning it to above pre-recession levels. The Batavia-based manufacturer of plastics processing machinery and
Updated: 09/26/2011 04:25P
Solyndra,creditors find common ground on sale plan
Sept 26 (Reuters) - Solyndra LLC, the bankrupt solar panel maker that is at the center of a growing political storm, has found some common ground with creditors that should take some potential sting out of a bankruptcy court hearing on Tuesday.
Updated: 09/26/2011 04:21P
Former mortgage broker gets prison in fraud case
Johns was found guilty by a jury in March of bankruptcy fraud, lying on financial forms, concealing assets and destroying evidence, records show. Restitution was not set by Randa. The prosecutor asked for 33 months while the defense sought 15 to 21
Updated: 09/26/2011 04:17P
Bankruptcy threat to Greece as euro ministers delay vital 8bn
The spectre of bankruptcy is hanging over Greece , with the prospect of hundreds of thousands of civil servants going unpaid next month, as eurozone finance ministers refused to put a date on the release of a crucial 8bn (£6.9bn) cash infusion for the
Updated: 09/26/2011 04:16P
Streaming video/DVD: Netflix, it's war
The attack announced Friday is being mounted by satellite-TV provider Dish Network, which bought Blockbuster out of bankruptcy court for $234 million five months ago. Blockbuster, once the video rental king, had filed for bankruptcy when it couldn't
Updated: 09/26/2011 04:14P
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