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Bankruptcy On Horizon For Friendly's
The Friendly's restaurant chain is facing bankruptcy and a potential sale, the Wall Street Journal reported Thursday. A Friendly's spokeswoman declined to comment on the report, but she said in an email to the Associated Press that the chain's
Updated: 09/30/2011 07:08P
Stirling Energy Files Bankruptcy
last week to a variety of pressures mounting industry-wide, beginning with a price war led by low-cost Chinese solar photovoltaics and topping out with a list of factors that led to bankruptcy filings for the once thriving solar thermal innovator.
Updated: 09/30/2011 07:06P
Bankruptcy fears cause Eastman Kodak shares to plunge
By AP Investors dumped Eastman Kodak's stock (EK) 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,
Updated: 09/30/2011 07:03P
Justice Department seeks Solyndra trustee
NEW YORK (CNNMoney) -- The US Justice Department has asked a judge to install a trustee in the Solyndra bankruptcy case, saying the top executives' refusal to testify in federal probes of the company made the additional oversight necessary.
Updated: 09/30/2011 07:00P
Dropping Coverage of Eastman Kodak
Reports are surfacing that Eastman Kodak EK is considering filing for bankruptcy as it struggles with the transition from film to digital technologies. Large, one-time settlements have kept the firm in the black during
Updated: 09/30/2011 07:00P
Judge schedules hearing in Dodgers bankruptcy
A Delaware bankruptcy judge is expecting baseball commissioner Bud Selig and Los Angeles Dodgers owner Frank McCourt to testify at a hearing that could determine the fate of the team. In a sharply worded order Friday, the judge scheduled four days of
Updated: 09/30/2011 06:58P
End of an era? Moo & Oink stores now closed, in bankruptcy
All four Moo & Oink stores are shuttered, 200 employees are out of work with no severance and a judge on Friday placed the company in Chapter 7 bankruptcy.
Updated: 09/30/2011 06:55P
U.S. Seeks Trustee to Oversee Solyndra
The Justice Department is seeking to wrest control of Solyndra LLC from company management and place it in the hands of a court-appointed trustee, the latest twist in the political drama surrounding the failed solar-panel firm.
Updated: 09/30/2011 06:51P
Jamie McCourt, MLB Oppose Dodgers' Proposed TV Rights Sale
Jamie McCourt and MLB said in separate court papers that they will provide more details about why they oppose a sale after the judge overseeing the team's bankruptcy sets a schedule for deciding the matter. MLB referred to its previous proposal to
Updated: 09/30/2011 06:51P
US doles out last of loan aid to solar projects
The completion of the loan guarantees for industry stalwart First Solar will remove some uncertainty for investors in the aftermath of Solyndra's bankruptcy. "The difference is that First Solar's is proven technology, Solyndra's was not," said Mark
Updated: 09/30/2011 06:51P
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