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GOP Lawmakers Expands Investigation Into White House Role in Solyndra Controversy
The GOP-led House committee probing Solyndra, a solar company that filed for bankruptcy last month after receiving a $528 million loan, is expanding its investigation to include all communications between the White House and Solyndra.
Updated: 10/05/2011 06:08P
Philadelphia Orchestra's Pension Fund Asks Court for Probe of Donations
The Philadelphia Orchestra's pension fund asked a bankruptcy judge to probe some donations to the orchestra. The American Federation of Musicians and Employers' Pension Fund requested information from the
Updated: 10/05/2011 05:52P
Chevys Restaurants' Parent Company Files for Bankruptcy
The parent company of Chevys restaurants has filed for Chapter 11 bankruptcy, according to published reports. An article in the Silicon Valley Business Journal states Real Mex Restaurants is seeking to sell off its assets because it couldn't reach an
Updated: 10/05/2011 05:51P
Symphony struggles threaten Tobin Center future
2003: Symphony closes season a month early and files for Chapter 11 bankruptcy. In October, musicians and management agree to a four-year contract with a minimum of 26 weeks of performances. The fourth executive director since the 1987 rebirth resigns.
Updated: 10/05/2011 05:50P
Friendly's files bankruptcy and closes Barre-Montpelier VT restaurant
Some 3000 customers had to receive immune globulin shots. Faced with increased competition from newer food chains, Friendly's lost most of its luster. Finally on October 5, 2011 it announced that it was filing bankruptcy and closing 63 stores.
Updated: 10/05/2011 05:49P
Avoid the Debt Trap and Protect Personal Assets
“Make sure your company is guaranteeing the loan and not you personally. Many business lenders will work with you as you set up a company in a way that protects you from personal guarantees.” Another recommendation is to consolidate loans,
Updated: 10/05/2011 05:47P
Chinese Stocks in the U.S.: CDC Tumbles; PetroChina, Trina Gain
The company yesterday filed a petition for bankruptcy protection from creditors in the US Bankruptcy Court in Atlanta, according to its regulatory filing to the Securities and Exchange Commission today. CDC listed $377.4 million in assets and $250.2
Updated: 10/05/2011 05:35P
Dodgers Probably Won't See TV Contracts of Other League Teams, Judge Says
US Bankruptcy Judge Kevin Gross in Wilmington, Delaware, said at a hearing today that he is skeptical about the Dodgers' main legal strategy, which is to compare Selig's treatment of McCourt with other owners. Gross said he is “likely” to refuse a
Updated: 10/05/2011 05:32P
Workers strike against cuts in Greece
ATHENS: Police fired tear gas at stone-throwing youths in central Athens yesterday, where thousands of striking state sector workers marched against cuts the government says are needed to save the nation from bankruptcy. Youths broke up marble paving
Updated: 10/05/2011 05:30P
Coventry Mall Friendly's closing
AP Retail Writer NEW YORK — The parent company of the Friendly's restaurant chain filed for Chapter 11 bankruptcy protection on Wednesday and said that it has already closed 63 of its stores. Affected stores in Pennsylvania include the
Updated: 10/05/2011 05:25P
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