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Glassware Co. Gets $23M Loan From Prospect Capital
Law360, New York (September 30, 2011, 5:39 PM ET) -- New York-based Prospect Capital Corp. on Friday said it had loaned $23 million to Anchor Hocking LLC, the Lancaster, Ohio, glassware maker purchased out of bankruptcy in 2007 by private
Updated: 09/30/2011 05:42P
Kodak shares plunge amid bankruptcy fears
Investors dumped Eastman Kodak's stock on Friday amid fears that the photography pioneer is headed toward bankruptcy. The Wall Street Journal rattled Kodak's already jittery shareholders with a report that the company has hired Jones Day, a law firm
Updated: 09/30/2011 05:41P
DOJ seeks trustee in Solyndra bankruptcy
(Reuters) - The US Department of Justice has asked that a Chapter 11 trustee be appointed in the Solyndra bankruptcy, citing the refusal by executives at the solar company to answer questions about its operations. Just days after the company's
Updated: 09/30/2011 05:41P
Photography pioneer Kodak may be headed for bankruptcy
The Wall Street Journal rattled Kodak's already jittery shareholders with a report that the company has hired Jones Day, a law firm that dispenses advice on bankruptcies and other restructuring alternatives. Kodak, which is based in Rochester, NY,
Updated: 09/30/2011 05:37P
US DOJ seeks trustee in Solyndra bankruptcy
Sept 30 (Reuters) - The US Department of Justice has asked that a Chapter 11 trustee be appointed in the Solyndra bankruptcy, citing the refusal by executives at the solar company to answer questions about its operations. Just days after the company's
Updated: 09/30/2011 05:36P
Frank McCourt down but not out after ruling, bankruptcy expert says
The stage appears set for a ruling that could make case law in determining the power of sports leagues to determine their rules and their membership. Salerno said MLB cannot possibly settle at this point, for fear of setting a precedent under which
Updated: 09/30/2011 05:33P
Kodak shares plummet amid bankruptcy concerns
Eastman Kodak shares have fallen almost 70 percent amid concerns the photography pioneer could file for bankruptcy. Kodak has hired Jones Day for restructuring advice, The Wall Street Journal reported, citing people familiar with the matter.
Updated: 09/30/2011 05:30P
Kodak Says No Intention To File For Bankruptcy
the company has hired law firm Jones Day for restructuring advice, citing people familiar with the matter. Bloomberg also reported that Kodak is weighing options including bankruptcy filing, citing three people with direct knowledge of the process.
Updated: 09/30/2011 05:29P
Solyndra executives refusing to answer bankruptcy questions
bonuses after the company began to fail, and they have frustrated bankruptcy proceedings by refusing to provide any insight into the company's sudden and dramatic shut-down, according to papers filed by Justice Department lawyers late Friday.
Updated: 09/30/2011 05:26P
The Difference Between Chapter 7 Bankruptcy and Chapter 13 Bankruptcy
In exchange, a court-appointed trustee can liquidate assets that are not exempt from collection (such as clothing, pensions and portions of real estate and family heirlooms), sell it, and distribute the funds to your creditors.
Updated: 09/30/2011 05:25P
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