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Realty Income says Friendly's Chapter 11 filing should have little effect
Escondido-based Realty Income Corp. said the Chapter 11 bankruptcy filing of Friendly's ice cream restaurants, a tenant with 121 locations in its portfolio, should have little effect even if the East Coast
Updated: 10/05/2011 07:27P
Despite Bankruptcy Claim, L.I. Friendly's Reportedly Staying Open for Business
Newsday quoted Rich Tauberman, a corporate spokesmen for J&B Restaurant Partners, as saying nothing would change for the chain's Long Island customers. Tauberman said J&B Partners will continue with its plans to expand and open more Friendly's
Updated: 10/05/2011 07:25P
How Fast Does The Stock Market Forget False News? About Seven Days
As authors Carlos Carvalho, Nicholas Klagge, and Emanuel Moench note in a blog post: On September 8, 2008, a six-year-old article about the 2002 bankruptcy of United Airlines' parent company resurfaced on the Internet and was mistakenly believed to be
Updated: 10/05/2011 07:23P
Two Luce Forward Partners Named 'Best Lawyers' 2012 Lawyers of the Year'
Andrew was named the “Best Lawyers' 2012 San Diego Bankruptcy and Creditor Debtor Rights / Insolvency and Reorganization Law Lawyer of the Year,” and Mezzullo was selected as the “Best Lawyers' 2012 San Diego Employee Benefits (ERISA) Law Lawyer of the
Updated: 10/05/2011 07:10P
First nationwide strike hits Greece
Airliners were grounded, trains halted and tax offices shut on Wednesday as Greek state workers walked off the job to protest against austerity, defying a plea by the government to rally behind its effort to fend off national bankruptcy.
Updated: 10/05/2011 07:07P
Palm Drive takes critical look at hospital management
However, in the same performance evaluation hospital directors praised HealthTech Management Services for instituting changes that helped Palm Drive emerge from bankruptcy. “Exiting bankruptcy was an excellent result,” the four-page evaluation said.
Updated: 10/05/2011 07:06P
Bankruptcy judges waive fee to cover Kagan talk
Supreme Court Justice Elena Kagan has persuaded the national organization of bankruptcy judges to drop an unusual $100 fee it was planning to charge reporters to cover her talk in mid-October. The Associated Press No comments have been posted to this
Updated: 10/05/2011 07:05P
GOP Lawmakers Expand 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 07:03P
Greek protesters march again but accept austerity will take its toll
ANGRY Greeks have repeatedly protested on the streets of Athens against austerity cuts, but many now say their public demonstrations are unlikely to change their fate or slow their debt-struck nation's slide into bankruptcy.
Updated: 10/05/2011 07:01P
Philadelphia Orchestra's Pension Fund Seeks Donations Probe
Oct. 5 (Bloomberg) -- 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 donors to
Updated: 10/05/2011 07:01P