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The Philadelphia Inquirer Peter Dobrin column
30--The Philadelphia Orchestra Association is seeking a loan to help fund operations through the end of its bankruptcy case, and has applied to US Bankruptcy Court for permission to assume $3.1 million in debt to pay operating costs, including salaries
Updated: 09/30/2011 06:03A
Lenders balk as Travelport maps restructure
An Atlanta-based travel software company is facing pushback from its lenders as it works to negotiate a prepackaged bankruptcy. Travelport Ltd. is looking to restructure a $715 million PIK loan it took out from The Blackstone Group LP The loan,
Updated: 09/30/2011 06:02A
Protecting personal information in Borders bankruptcy proceeding
In light of that and Borders' current bankruptcy proceedings, the FTC has sent a letter to the consumer privacy ombudsman overseeing the Borders bankruptcy that seeks the protection of customer personal information. The FTC's letter appears prompted by
Updated: 09/30/2011 06:01A
Finance companies fill the void
When Teufel Nursery Inc. exited bankruptcy last year, President Larry Teufel found himself in a position familiar to many small business owners after the economic collapse. He couldn't get a bank loan. Instead of closing the doors of his three
Updated: 09/30/2011 06:01A
Past lessons hold up well for today's investing
The government's recent flushing down the toilet of a half billion dollars in the Solyndra solar power bankruptcy reminds us of the old saying, “A fool and his money are soon parted.” Here's an abridged version of my advice about how to analyze solar
Updated: 09/30/2011 06:01A
Greek PM holds new bailout talks
The Greek prime minister is having a day of talks with fellow EU leaders to approve a new bailout tranche Greece needs to avoid bankruptcy in October. George Papandreou is meeting European Council chief Herman Van Rompuy and others in Warsaw before
Updated: 09/30/2011 05:56A
Chapter 13 Bankruptcy and Florida Mortgages: Stripping a Second
A Florida Chapter 13 bankruptcy filing allows homeowners to strip off additional liens on a home that are more than the actual value of the home. September 30, 2011 /24-7PressRelease/ — Homes were once considered an investment.
Updated: 09/30/2011 05:41A
Friendly's Faces Bankruptcy
According to the Wall Street Journal [subscription required], Friendly's Ice Cream Corp. is preparing for a possible Chapter 11 bankruptcy filing. The Massachusetts-based company owns more than 500 locations, including the Friendly's
Updated: 09/30/2011 05:40A
Greece's Papandreou to meet Sarkozy and Van Rompuy
The Greek prime minister is having a day of talks with fellow EU leaders to approve a new bailout tranche Greece needs to avoid bankruptcy in October. George Papandreou is meeting European Council chief Herman Van Rompuy and others in Warsaw before
Updated: 09/30/2011 05:40A
Saratoga Downtowner files for bankruptcy; local motel owes $2.7M
Earlier in the year, SEFCU began the foreclosure process with Asay Holdings after the company defaulted in prior mortgage payments, Francis Brennan, an attorney with the Albany law firm Nolan & Helleran representing the Downtowner, said.
Updated: 09/30/2011 05:15A
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