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Nomads face bankruptcy threat
By Maurice Nkawihe, Nyasa Times Problems seem to be a heritage for once local football giant, Mighty Wanderers following revelations that the club is about to be declared bankrupt. The Nomads who are currently in poor state of performance have run out
Updated: 09/29/2011 07:35A
Red Dawn remake to see the light of day
The film that had been scheduled for release quite a while ago now had its cinematic release due to the bankruptcy issues faced by the MGM film studio. But with their bankruptcy issues behind them now, it looks like the film will now finally get a
Updated: 09/29/2011 07:31A
UAW ratifies new GM contract
The United Auto Workers ratified the first new collective bargaining agreement with General Motors after 2009?s managed bankruptcy kept the automaker alive. The deal is good for four years.
Updated: 09/29/2011 07:25A
Deal Allows State Bank to file foreclosures
State Bank of Lincoln had sought to foreclose on the properties in Sangamon County Circuit Court, but that action was halted when JSP filed for bankruptcy protection in June. Jeffrey Polen, president of JSP, told GateHouse News Service in August that
Updated: 09/29/2011 07:15A
Fergusons' bankrupt businesses to be sold
The business interests and commercial real estate holdings of bankrupt Richmond socialites Allen Mead Ferguson and his wife, Mary Rutherfoord Mercer Ferguson, will be auctioned off in the coming months. Shortly after the Fergusons declared personal
Updated: 09/29/2011 07:00A
Undercooked legislation push coastal fishermen to bankruptcy
Variant readings of the law bring huge penalties for fishermen. November 26, 2008, Murmansk coastal fishermen were legally allowed to go 200 miles away from the shore instead of previous 12-mile shore restriction. Otherwise, coastal fishing quota
Updated: 09/29/2011 06:55A
Broadstripe subscribers may soon need new cable provider
South Lyon residents who receive Internet, cable and phone services from Broadstripe will likely have a new provider by next January. Broadstripe filed for Chapter 11 bankruptcy protection in January 2009 and the company recently entered into a
Updated: 09/29/2011 06:54A
Drafting The Right Franchise Agreement
Furthermore, developing a corporate infrastructure based on projected store openings contracted for in multi-unit development agreements that subsequently fail to materialize has the potential to cripple a franchisor's operations. 2.
Updated: 09/29/2011 06:29A
Philadelphia Orchestra, Philly Pops sever ties as part of orchestra's plan to
AP PHILADELPHIA — A federal bankruptcy judge has approved an agreement allowing the Philadelphia Orchestra and the Philly Pops to end their six-year business relationship. The Philadelphia Inquirer reports a judge approved the agreement on Wednesday as
Updated: 09/29/2011 06:28A
WaMu court allows equity committee to pursue “equitable disallowance” of
On September 13, 2011, Judge Mary F. Walrath of the United States Bankruptcy Court for the District of Delaware granted standing for an equity committee in In re Washington Mutual, Inc. (“WaMu”) to seek “equitable disallowance” of claims held by
Updated: 09/29/2011 06:26A
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