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Report: Friendly's may file for bankruptcy
Friendly's, the restaurant chain known for its ice cream, is considering a potential bankruptcy reorganization and sale, according to a published report. The Wall Street Journal reported today on its web site that Friendly
Updated: 09/29/2011 07:28P
Cleantech CEOs: solar industry thrives despite Solyndra
While the solar industry still makes up a small percentage of total employment across the US, it's one of the few industries that continues to grow, and continued to grow during the recession, said members of the Californians for Clean Energy and Jobs
Updated: 09/29/2011 07:18P
Lehman Brothers windup nears end
Three years after Lehman Brothers declared the biggest corporate bankruptcy in history, the defunct bank is approaching the end of the process as additional creditors voice their support for a final pay-out plan.
Updated: 09/29/2011 07:11P
Report: Friendly Ice Cream Corp. to file Ch. 11
A report from The Wall Street Journal Thursday said Friendly Ice Cream Corp., the parent to the 500-unit Friendly's family-dining chain, could seek Chapter 11 bankruptcy protection as early as next week, and hold an auction to sell the chain.
Updated: 09/29/2011 07:06P
Arisekola-Alao accuses GTBank of misleading court
He sought the dismissal a bankruptcy petition brought against him by the bank on the grounds that the bank ,represented by Olisa Agbakoba (SAN), hid from the court "all material facts" that would have afforded it a clear understanding of the dispute.
Updated: 09/29/2011 07:05P
Serepisos' bankruptcy files to be released
The bankruptcy came at the instigation of lender South Canterbury Finance, itself in receivership, which said he owed it $22461165.76. Mr Serepisos' lawyer had previously told the court that the properties Mr Serepisos controlled should be worth $230
Updated: 09/29/2011 06:53P
Papa John's franchises in Minn. declare bankruptcy
DENVER - The franchisee owner of approximately 30 Papa John's in Minnesota has declared bankruptcy - leaving lots of his employees in a lurch. According to the bankruptcy filing, franchisee H. Cliff Harris filed for Chapter 11 bankruptcy back in
Updated: 09/29/2011 06:53P
ZING VII—Implications for the Bankruptcy Remoteness of Special Purpose Entities
Investors should be aware of the implications of this decision for existing and future investments in CDOs and other asset-backed debt issued by SPE issuers. Particular attention must be paid to the non-petition provisions in operative deal documents.
Updated: 09/29/2011 06:53P
Owner of 30 MN Papa John's restaurants files bankruptcy
A franchisee that owns about 30 Papa John's restaurants in Minnesota has filed for Chapter 11 bankruptcy reorganization. The Denver Business Journal reports that PJCOMN Acquisition Corp., which owns a total of 72 Papa John's locations in Minnesota and
Updated: 09/29/2011 06:53P
Greece Resumes Auditor Talks Amid Protests
The Socialist government decided on unpopular pension cuts, lay-offs and taxes last week to lure back the so-called troika of European Commission, European Central Bank and International Monetary Fund officials, who suspended talks earlier this month
Updated: 09/29/2011 06:50P
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