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United Auto Workers ratifies new General Motors contract
The United Auto Workers ratified the first new collective bargaining agreement with General Motors after 2009?s managed bankruptcy kept the automaker alive.
Updated: 09/29/2011 09:28A
Etcetera: Lava Sport & Fitness, Wilderness Supply, Salomon
7 bankruptcy protection on Sep. 13. The company has no assets and more than $3 million in liabilities, including $2.98 million owed to unsecured creditors.++++Wilderness Supply, formerly doing business in Austin, TX, as Austin Outdoor Gear and Guidance
Updated: 09/29/2011 09:26A
Germany backs increased eurozone bailout fund
GERMANY backed a bigger bailout fund for the euro crisis today, but market jitters continued as negotiations went on in Athens over another multibillion-pound payment to avert Greek bankruptcy. Chancellor Angela Merkel won approval for
Updated: 09/29/2011 09:22A
Greece to face inspectors
ATHENS -- EU and IMF inspectors will return to Greece on Thursday to decide whether Athens has done enough to secure a new batch of aid vital to avoid bankruptcy, while Germany suggested a new bailout may
Updated: 09/29/2011 09:21A
Union approves four-year labour contract with GM
By REUTERS DETROIT -- Workers represented by the United Auto Workers union approved a four-year labour contract with General Motors Co. on Wednesday, the first such deal for the top US automaker since its 2009 bankruptcy. Ratification of the GM deal,
Updated: 09/29/2011 08:54A
Sevan secures rescue deal
Floundering Norwegian floater contractor Sevan Marine has agreed an alliance deal with an industrial investor in an eleventh hour move to avert bankruptcy. Sevan, which is crippled by debts of about $950 million, has been in intense discussions with
Updated: 09/29/2011 08:53A
North Street Capital Buying Spyker
Cash-strapped Swedish Automobile, which owns car maker Saab, put up several assets for sale recently, attempting to stave off bankruptcy, Reuters wrote. A previous deal for Spyker fell though earlier this year. (Reuters) - Swedish Automobile, owner of
Updated: 09/29/2011 08:23A
Germany clears bigger bailout fund
Germany backed a bigger bailout fund for the euro crisis today, but market jitters continued as negotiations went on in Athens over another multibillion-pound payment to avert Greek bankruptcy. Chancellor Angela Merkel won approval for an enlarged
Updated: 09/29/2011 08:22A
Nationally known lawyer makes home, business Northeast Ohio
It was shortly after this that Bates decided to focus solely on bankruptcy law and he began John R. Bates and Associates in New Philadelphia in the late 1990s. “The situation [of bankruptcy] is very serious and it's almost always caused by
Updated: 09/29/2011 08:22A
Reader Question: Can A Debt Collector Report An Old Debt As New?
A reader filed for bankruptcy and included a cell phone debt. Now he's being contacted by a collection agency that's threatening to report the debt as a new account if he doesn't pay. What are his rights?
Updated: 09/29/2011 08:00A
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