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The Bankruptcy Rumor Mill Heads Toward AMR (AMR, EK, BAC)
“Bankruptcy.” It would be easy to bring up that recent bankruptcy rumors regarding Eastman Kodak Co. (NYSE: EK) and Bank of America Corporation (NYSE: BAC) have been denied or refuted. Warren Buffett came to the aid of BofA and many argue that the
Updated: 10/03/2011 12:51P
Alberta bankruptcies continue to fall in July
CALGARY — Bankruptcies in Alberta continue to fall, according to the latest data by the Office of the Superintendent of Bankruptcy Canada released Monday. In July, the number of Albertans
Updated: 10/03/2011 12:50P
AMR Shares Decline; More Pilot Retirements Fuel Bankruptcy Talk
(AMR) declined sharply Monday to their lowest level in more than two years on renewed concerns the troubled carrier was about to file for bankruptcy. More than 200 pilots have retired from the Fort Worth, Texas, carrier in the last two months,
Updated: 10/03/2011 12:48P
Bipartisan study concludes American support solar 2 to 1
That's despite the recent Solyndra bankruptcy filing, which could cost taxpayers up to $535 million through the Department of Energy's Loan Programs Office. Solyndra filed for bankruptcy on Aug. 31 of this year despite receiving a DOE loan,
Updated: 10/03/2011 12:46P
CMBS 2.0: an overview of changes and challenges
The true sale opinion typically analyzes the issue in the context of bankruptcy law, specifically the US Bankruptcy Code and related case law, which begins with an assessment of a debtor's rights in the assets as prescribed by state law.
Updated: 10/03/2011 12:44P
American Airlines shares tumble 18 percent on outlook
Airline stocks were down broadly on concerns that a weak economy will drain travel demand and hit fares this autumn. But American, seen financially as the weakest major carrier, saw the worst share losses on a percentage basis.
Updated: 10/03/2011 12:42P
Ohio lawyer convicted in New York in million-dollar stock fraud case suspended
AP COLUMBUS, Ohio — The Ohio Supreme Court has suspended a lawyer convicted in New York of helping to drive an automotive-chemical company to bankruptcy and looting millions of dollars. The court handed down the interim suspension Monday against
Updated: 10/03/2011 12:06P
Independencia Creditors Reject $376 Million Bid for Assets
Oct. 3 (Bloomberg) -- Creditors of Independencia SA, the Brazilian meatpacker under bankruptcy protection, rejected a 706.9 million-real ($376 million) offer for the company's assets, almost triple the value of a previous proposal.
Updated: 10/03/2011 12:03P
AMR Falls to Lowest Since 2009 on Recession, Bankruptcy Concern
Oct. 3 (Bloomberg) -- American Airlines parent AMR Corp. tumbled to its lowest price since 2009 on growing concern the US is nearing a return to recession and that the carrier may be forced to seek bankruptcy protection.
Updated: 10/03/2011 12:03P
Dodgers Seek More Access to Major League Baseball Records
Last week, US Bankruptcy Judge Kevin Gross ruled that the Dodgers cannot seek information from, or about, other MLB clubs to prepare for a showdown between team owner Frank McCourt and Selig scheduled for the week of Oct. 31. At the hearing, Gross will
Updated: 10/03/2011 12:03P
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