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Council tries to bankrupt 'notorious' Croydon landlord
To reclaim the money the council has applied to take over a bankruptcy petition started by one of Mr Shah's former business partners, who claimed the landlord owes him more than £100000. In a letter to the businessman's solicitor,
Updated: 10/04/2011 03:12A
American Airlines shares dive amid Chapter 11 rumours
Shares in American Airlines' parent company AMR nosedived by a third yesterday amid fears that the carrier may be forced into Chapter 11 bankruptcy protection. The British Airways transatlantic partner saw its shares drop by as much as 41% at one point
Updated: 10/04/2011 03:08A
SpectraWatt to sell equipment to Canadian Solar
WICCOPEE — If a federal Bankruptcy Court gives its OK on Thursday, the equipment assets of SpectraWatt Inc. will go to a Canada-based company. The production line that once made solar cells for photovoltaic power was auctioned off last week to Canadian
Updated: 10/04/2011 03:08A
Default fears send shares of American Airline's parent south
AP NEW YORK — Shares of American Airlines' parent company plunged to an eight-year low Monday as Wall Street analysts suggested the carrier turn to bankruptcy court to lower costs. Investors also were spooked by a report showing a
Updated: 10/04/2011 03:08A
Kodak's picture brightens a little.
Eastman Kodak, the unprofitable 131-year-old camera company, climbed the most since at least 1974 after saying it doesn't plan to seek bankruptcy protection. The shares advanced 56 cents, or 72 percent, to $1.34 in New York Stock Exchange composite
Updated: 10/04/2011 03:08A
Another bank seeking to depose Martino
First-Citizens in July was awarded a $3.7 million judgment in El Paso County against Martino and a real estate development group to which he belongs and is seeking to collect. Bankruptcy Judge Michael Romero granted International's deposition request
Updated: 10/04/2011 03:08A
A Cherry Hill liquor license sells at auction for $500000 | Philadelphia
Jeffrey Lucas, a former director of economic development for Cherry Hill Township who now directs business development for Rose Commercial Real Estate in Marlton, said the sale suggests that another high-end restaurant is coming to the Garden State
Updated: 10/04/2011 03:07A
Eurozone scramble to avoid Greek bankruptcy
Top financial officials from eurozone nations are grappling with Greece's worsening debt crisis as the country looks to be on the edge of bankruptcy. The revelation that it will not meet its deficit reduction target sent markets tumbling yesterday and
Updated: 10/04/2011 03:05A
Market firming for possible corrective bounce
The scapegoat for Friday's closing drop was the assumption that EK plans to file bankruptcy. Their denials after the close prompted SPY to firm a little (it still trades after-hours on Fridays). Just a little. Not enough for it alone to spark the
Updated: 10/04/2011 03:03A
Tucson tech: Bankruptcy of panel maker could spell warranty trouble
The company that made the panels filed for bankruptcy, leaving the warranty in limbo as creditors and the court decide what to do about set-aside money. Before the ink was dry on the bankruptcy filing by California-based solar panel maker Solyndra,
Updated: 10/04/2011 03:03A