Latest Legal Advertising News
Kodak plunges into penny stock territory
The company issued a statement after the market closed in New York on Friday saying it had no intention of filing for bankruptcy. But the damage had been done as its stock hit a historic low of 78 cents, having lost 97
Updated: 09/30/2011 06:51P
Kodak: Company Has No Intention to File for Bankruptcy
(EK) said the company has no intention to file for bankruptcy and is “committed to meeting all” obligations. “Kodak remains focused on meeting its commitments to customers and suppliers, and on delivering on its strategy to become a profitable,
Updated: 09/30/2011 06:50P
Exclusive - Old Mutual may sell $45 billion Dwight - sources
Earlier this month, Reuters reported that Old Mutual Asset Management is selling its $2.3 billion US mutual fund business to Touchstone Investments because Bain had decided that it was not core to the business. That deal is still in the works and is
Updated: 09/30/2011 06:44P
Scottsdale-based Star Buffet files for Ch. 11
The company, which posted sales of $53 million in 2010, said it sought protection from creditor suits after it was unable to reach terms for repaying a disputed $723489 judgment. The company also has been unable to refinance $5.4 million in mortgage
Updated: 09/30/2011 06:43P
Scottdale solar-dish maker faces bankruptcy
More than 300 of them were Arizona businesses and individuals, including parts manufacturers Tower Automotive and Linamar Solar Systems Inc. Tower and Linamar made splashes last year when the two companies announced, within months of each other,
Updated: 09/30/2011 06:43P
Crystal Cathedral raises fraction of cash to stave off sale
A month after announcing it would raise $50 million to stave off the sale of the Crystal Cathedral, the congregation has raised less than $5000, bankruptcy court records show. 50% off! Two Public Skating Admissions with Skate Rentals for $12 By RONALD
Updated: 09/30/2011 06:42P
Home » Breaking News » Gov't backs 4 more solar loans as deadline looms
WASHINGTON (AP) -- The Energy Department on Friday approved four more solar energy loan guarantees worth nearly $5 billion, hours before a controversial loan program was set to expire. Meanwhile, the Justice Department moved to take away control of a
Updated: 09/30/2011 06:41P
The Score: Fox Sports Takes Cut at Dodgers Over Media Rights Deal
Moving to block owner Frank McCourt's plan to rescue the Los Angeles Dodgers from insolvency by auctioning off the rights to broadcast the team's games, Fox Sports is suing the beleaguered Major League Baseball franchise, according to the Los Angeles
Updated: 09/30/2011 06:35P
Kodak Shares Drops 54 Percent Amid Bankruptcy Rumors
By IB Times Staff Reporter | September 30, 2011 6:28 PM EDT Eastman Kodak shares dropped 54 percent on Friday because of rumors that the camera maker hired a law firm to advise it on how to carry out a major restructuring or bankruptcy filing.
Updated: 09/30/2011 06:30P
Kodak stock falls more than 50 pct amid bankruptcy speculation that company
After 131 years in business, Kodak finds itself on shaky ground largely because of the shift to digital cameras. That change, coupled with tougher foreign competition, has undercut sales of the film that made Kodak famous. To survive, the company has
Updated: 09/30/2011 06:27P