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Early photos of Marylin Monroe, their copyrights to sell at auction
A bankruptcy judge in Florida ruled last week that photos taken in 1946 of Norma Jeane Dougherty - who went on to become the iconic Monroe - will be sold at auction to settle the debts of the photographer. Joseph Jasgur's photos, negatives and image
Updated: 09/26/2011 05:31P
UP govt hell-bent on pushing LMC to bankruptcy: Mayor
"The state government is hell-bent on pushing the Lucknow Municipal Corporation towards bankruptcy," said mayor Dinesh Sharma, who presided over the meeting. He said that the state government also diverted part of the funds towards fire services,
Updated: 09/26/2011 05:16P
Billionaire's charity sought Solyndra in Tulsa
A bankruptcy filing Sept. 6 by the Fremont-based company, which had a $535 million US loan guarantee, has spurred inquiries from Republicans in Congress who say President Barack Obama's administration may have rushed the support in part because of
Updated: 09/26/2011 05:15P
Bankruptcy Cost Ohio's Forum Health Nearly $30M in Fees
Youngstown, Ohio-based Forum Health could owe $29.5 million in professional service fees in connection to the health system's bankruptcy, according to a report by The Vindicator. The health system, which was purchased by Community Health Services in
Updated: 09/26/2011 05:08P
Dreier Trustee's $52M Deal With Hedge Fund Approved
PM ET) -- A New York bankruptcy judge cleared a $52 million settlement Friday between the trustee overseeing the liquidation of Dreier LLP and a hedge fund that fell victim to a Ponzi scheme perpetrated by the defunct law firm's imprisoned founder.
Updated: 09/26/2011 05:06P
Funding of trust for priest abuse victims brings end to Del. diocese
The Catholic Diocese of Wilmington has emerged from bankruptcy with the funding of a $77.4 million trust for victims of priest sex abuse. Attorneys told a Delaware bankruptcy judge that a check deposit and wire transfers had been made in compliance
Updated: 09/26/2011 05:05P
Bankruptcy can dismiss debts, or help debtors reorganize their finances
In the simplest terms, bankruptcy occurs when an individual or a business can no longer afford to pay their bills and may ask the courts to dismiss their obligation to pay their debts. In the simplest terms, bankruptcy occurs when an
Updated: 09/26/2011 05:03P
Bankrupt Serepisos now in market for dunger car
Terry Serepisos will be driving a car worth no more than $5000 as part of the rules that apply to his bankruptcy status. Serepisos was once lauded as "New Zealand's Donald Trump", but now, also like The Donald, has been made bankrupt.
Updated: 09/26/2011 05:01P
Negotiations Needed to Sell Hospital Still Ongoing
In a statement on Monday, Mayor Dawn Zimmer said that new terms were proposed to the creditors—who are currently in court to try to settle a bankruptcy agreement with the hospital—to strike a deal. Without a bankruptcy settlement, the deal with HUMC
Updated: 09/26/2011 05:00P
Judge OKs $52M Dreier Trustee Settlement With Hedge Fund
PM ET) -- A New York bankruptcy judge cleared a $52 million settlement Friday between the trustee overseeing the liquidation of Dreier LLP and a hedge fund that fell victim to a Ponzi scheme perpetrated by the defunct law firm's imprisoned founder.
Updated: 09/26/2011 05:00P
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