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Bailouts or Bankruptcy?
While many advocate continued federal assistance through the subsidization of state programs and additional block grants, a growing number of scholars and GOP legislators are considering the idea of a comprehensive bankruptcy code for state governments
Updated: 09/28/2011 08:53A
Simulations Plus Bid for Assets of Entelos Not Selected
supervised by and in accordance with certain bidding procedures approved by the United States Bankruptcy Court for the District of Delaware and pursuant to the provisions of Section 363 of the US Bankruptcy Code was not selected as the winning bid.
Updated: 09/28/2011 08:41A
Nebraska maker of outdoor furnaces goes bankrupt
(AP) - A Beatrice company that makes outdoor wood furnaces has filed for Chapter 7 bankruptcy. HeatSource 1 reports assets of more than $209000 but owes nearly $547000. The Beatrice Daily Sun says (http://bit.ly/rfC40M) that the bankruptcy comes about
Updated: 09/28/2011 08:37A
Fox Sports sues Dodgers to stop possible TV rights sale
(Reuters) - Fox Sports, a division of News Corp, sued the Los Angeles Dodgers late on Tuesday to stop the proposed sale of television rights that is key to the baseball team emerging from bankruptcy protection. In a filing with a bankruptcy court in
Updated: 09/28/2011 08:34A
Madoff, LA Dodgers, Hussey, Lehman, Solyndra: Bankruptcy
Rakoff dismissed the state and federal law claims for so- called constructive fraudulent transfer in view of the provision in bankruptcy law known as the safe harbor. The provision prevents a trustee from recovering transfers made by a stockbroker.
Updated: 09/28/2011 08:28A
Nebraska manufacturer of outdoor furnaces, HeatSource 1 in Beatrice, files for
A Beatrice company that makes outdoor wood furnaces has filed for Chapter 7 bankruptcy. HeatSource 1 reports assets of more than $209000 but owes nearly $547000. The Beatrice Daily Sun says (http://bit.ly/rfC40M) that the bankruptcy comes about six
Updated: 09/28/2011 08:28A
SIMULATIONS PLUS, INC. : Simulations Plus Bid for Assets of Entelos Not Selected
supervised by and in accordance with certain bidding procedures approved by the United States Bankruptcy Court for the District of Delaware and pursuant to the provisions of Section 363 of the US Bankruptcy Code was not selected as the winning bid.
Updated: 09/28/2011 08:08A
New Slovakian Airline on the Horizon
After the bankruptcy of the national carrier Air Slovakia on June 1. 2010, a brand new firm is ready to enter the market. Air Slovakia was formerly owned by an Indian businessman who transformed the airline into an exotic carrier that was not very much
Updated: 09/28/2011 08:03A
You Lose
Of course the process takes a while and you get to live in the house without a payment until after the foreclosure sale, but ultimately you lose your house and your credit is probably in worse shape than if you go into bankruptcy.
Updated: 09/28/2011 07:58A
Greece Faces Scrutiny; Merkel Says Bailout may Change
The "troika" audit team from the European Union, European Central Bank and IMF is expected to start arriving Wednesday and begin talks the day after on the Greek government's plan to deepen budget cuts and raise new taxes. This will allow Athens to
Updated: 09/28/2011 07:44A
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