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A roadmap to orderly default that keeps Greece in Euro
The question now is whether Europe can arrange a controlled and orderly default, or will allow a Greek bankruptcy that is chaotic and destructive to the global economy. Europe ultimately needs radical change, including a fiscal union and the ability to
Updated: 09/28/2011 04:09A
Owner of Vermont radio stations faces involuntary bankruptcy
The general manager of several Vermont radio stations says it's business as usual after the New Jersey parent company was forced into bankruptcy court this month by its major creditors. “It does not affect anything we're doing,” said
Updated: 09/28/2011 04:07A
William D. Cohan: Solyndra failure hits Goldman's reputation
Solyndra has become infamous lately as the company that, with much political fanfare, was handed a large government loan and then went kaput. Solyndra is usually described as “politically connected” because President Barack Obama visited the company in
Updated: 09/28/2011 03:56A
Dodgers Fans to McCourt:
Los Angeles Dodgers season ticket holders want to make sure Frank McCourt isn't screwing them over in the team's bankruptcy proceedings -- and they've filed a motion to make sure they're protected. Attorneys representing a handful of season ticket
Updated: 09/28/2011 03:36A
Let it out
Do NOT raise my taxes. My half-million income doesn't go as far as it used to. I need it all. How is asking the rich to pay their fair share class warfare? To all of you looking to buy a house: Pay for the inspection! If I had, I would not have bought
Updated: 09/28/2011 03:31A
Effort fails to delay Solyndra asset sale
A Delaware bankruptcy judge on Tuesday refused to extend the sale timeline for failed solar-panel manufacturer Solyndra LLC, which received a half-billion-dollar federal loan guarantee and was once touted by President Obama in support of his
Updated: 09/28/2011 03:19A
Hamilton Zanze buys 5 apartment complexes
Hamilton Zanze of San Francisco has acquired five of seven Seattle-area apartment properties that were once owned by a company whose investors included some high-profile athletes before it filed for bankruptcy.
Updated: 09/28/2011 03:12A
Greece awaits scrutiny from 'Troika' auditors
Greece will face a new hurdle in its attempt to avoid bankruptcy as international auditors head to the Mediterranean state to scrutinise new austerity measures they must endorse for Athens to meet its debt obligations. The 'troika' audit team from the
Updated: 09/28/2011 03:09A
Judge refuses to extend sale timeline for solar-firm Solyndra
A Delaware bankruptcy judge on Tuesday refused to extend the sale timeline for failed solar-panel manufacturer Solyndra, which received a half-billion-dollar federal loan guarantee and was once touted by President Barack Obama in support of his
Updated: 09/28/2011 03:09A
Bill would challenge Del.'s monopoly on bankruptcies
Ted Gavin, principal at NHB Advisors, a Wilmington turnaround specialist that serves bankruptcy clients, defended the current arrangements: "Delaware has developed very sophisticated corporate law. . . . Expert courts allow quicker results that are
Updated: 09/28/2011 03:06A