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Solar projects beat US loan guarantee deadline
Several major solar projects beat Friday's deadline to receive final loan guarantees from the US Department of Energy (DOE), while the Department of Justice (DOJ) asked a bankruptcy court to appoint a trustee for bankrupt solar panel manufacturer
Updated: 10/04/2011 09:50A
Solyndra employed no union workers, according to bankruptcy petition
According to a bankruptcy petition Solyndra filed after terminating about 900 workers, "None of the terminated or continuing employees are associated with a labor union." Solyndra's operation of a nonunion shop somehow didn't interfere with the
Updated: 10/04/2011 09:47A
Seligman On Kodak: "Good Days Are In Front Of Us"
Finally, published reports linked Kodak to a law firm known for handling bankruptcy cases. Seligman dismissed the possibility of bankruptcy as a rumor when asked by a reporter, Monday. The company did the same thing Friday, but acknowledged hiring the
Updated: 10/04/2011 09:47A
The Daily Docket: Dodgers Seek MLB Probe
The Los Angeles Dodgers had a mediator appointed to its bankruptcy case to help the team and MLB Commissioner Bud Selig make amends over the ballclub's future, Bloomberg reports. A group of law firms sued by Heller Ehrman want a district judge—not a
Updated: 10/04/2011 09:46A
Airline stocks rebound; AMR bankruptcy fears abate
By Christopher Hinton.
Updated: 10/04/2011 09:45A
Why Nicholson Baker Does So Much Writing at Friendly's
When I learned that the Friendly's restaurant chain may soon file for bankruptcy, I thought right away of Nicholson Baker. This may seem an odd leap: The acclaimed writer—whose most recent book, House of Holes, is subtitled “A Book of
Updated: 10/04/2011 09:44A
Golf Etc. Franchisee Files for Chap. 7 in Oregon
7 bankruptcy protection on Sep. 30. The petition lists $618116 in liabilities, including $199919 owed to unsecured creditors, and $324425 in assets. Gross revenues at the business declined 5.6% in FY10 to $189703 from $201073 in FY09.
Updated: 10/04/2011 09:42A
Company News for October 4, 2011
(NYSE:AMR - Snapshot Report) parent company of American Airlines fell on an increased fear of recession in the US due to which the carrier can file for bankruptcy • Share of Pharmaceutical Product Development Inc. (NASDAQ:PPDI - Snapshot Report) gained
Updated: 10/04/2011 09:31A
More bankruptcies in 2011 than year before
Fewer businesses filed for bankruptcy last month compared to the year before, but that doesn't mean the situation is better. The creditor association Creditreform said 391 businesses went bankrupt in September, down more than 3 percent from the same
Updated: 10/04/2011 09:22A
AMR stock plunges on renewed bankruptcy fears (AP)
NEW YORK – American Airlines' stock plunged to an eight-year low on fears of a weaker economy — which hurt other airline shares — and speculation that the carrier would seek bankruptcy protection. A combination of factors drove down shares Monday.
Updated: 10/04/2011 09:19A