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Ex-UGA coach punts settlement deal in alleged Ponzi scheme
The ex-coach's attorney, Ed Tolley, announced the decision after US Bankruptcy Judge James Smith said he was unlikely to approve the proposed $5.5 million settlement with West Virginia-based liquidation company GLC Ltd. The judge said he was concerned
Updated: 10/05/2011 06:34A
Constar Relocates Business Center and Opens New Executive Office
Summary:The new facility provides Constar the opportunity to exit the space occupied by its previous parent company and sets the Company on the continued path of strengthening its post-bankruptcy identity. Oct 4 2011 --- Constar International LLC,
Updated: 10/05/2011 06:25A
American Airlines faces turbulant ride
AP Airlines Writer NEW YORK (AP) — American Airlines' CEO is proud that his company, unlike its biggest rivals, avoided the bankruptcy process to remake itself. Investors aren't so sure. As the economic outlook darkens,
Updated: 10/05/2011 06:22A
American Airlines on final approach?
MIAMI (CBSMiami.com) - American Airlines stock rebounded somewhat Tuesday after analysts said they don't envision the company running out of money - or filing for bankruptcy - at least not any time soon. American's stock plunged to a nearly nine-year
Updated: 10/05/2011 06:19A
Friendly's Announces Bankruptcy, Closes Restaurants
BOSTON -- After 76 years of providing frappes, burgers and fries, the Massachusetts-based Friendly's chain abruptly closed more than 60 restaurants Tuesday night and announced it was initiating bankruptcy proceedings. The Friendly Ice Cream Corp.,
Updated: 10/05/2011 06:17A
Another Major US Restaurant Chain Declares Bankruptcy: Friendly's
DineEquity, which owns Applebees and IHOP, was named as a bankruptcy risk by GovernanceMetrics International. Friendly's recently launched an enthusiastic High Five campaign, featuring new mascot High Five Heidi, to revive interest in the brand.
Updated: 10/05/2011 06:11A
Business Watch
Competitors are starting to include this capability in their phones, though the payment systems are still immature. Apple made no mention of such a feature in the iPhone 4S. WASHINGTON -- Federal Reserve Chairman Ben Bernanke says the economic recovery
Updated: 10/05/2011 06:08A
Friendly's closes two RI locations
This comes after reports the company was considering filing for bankruptcy. There has been no official word from the company about store closings, but there are signs posted on the front windows of the Warwick location reading, "Thank you for your
Updated: 10/05/2011 06:05A
Friendly's Enters Chapter 11 To Implement Quick Financial Restructuring
the operator of Friendly's restaurants and a nationwide distributor of ice cream products, announced today that the Company has filed a voluntary petition under Chapter 11 of the United States Bankruptcy Code in the United States Bankruptcy Court
Updated: 10/05/2011 05:58A
September services PMI stronger than expected, outlook poor
The Greek government shocked international financial markets this week by announcing that it would miss 2011 deficit targets set as conditions of a bailout aimed at staving off bankruptcy, despite a series of tax hikes and spending cuts.
Updated: 10/05/2011 05:44A
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