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Five Things You Need to Know Today, Oct. 6
Tickets cost $10 or $35 for a full festival pass. 3. Drop-in gentle yoga: No need to get down on the floor in this yoga class—but expect to get a good, healthy workout. All adults are welcome to try out for $5 on Thursday, 10-11:15 am, at the Arlington
Updated: 10/06/2011 05:55A
A Condemnation of Irish Bankruptcy Laws
Ireland's bankruptcy laws are archaic in comparison to our UK counterparts' and are not afforded the attention they deserve by either the media or our politicians. I continue to be astonished by this country's approach to bankruptcy, which does much to
Updated: 10/06/2011 05:55A
Watertown Friendly's safe in company's initial bankruptcy filing
Friendly Ice Cream Corp. announced Wednesday it is seeking bankruptcy protection and will close 63 restaurants in New York, Connecticut, Massachusetts, Pennsylvania, Maine, Florida, New Jersey, New Hampshire, Rhode Island, Vermont and Virginia.
Updated: 10/06/2011 05:24A
Seafood processor files for bankruptcy
A & D Seafoods Ltd. filed for bankruptcy this week, with $886691 in unsecured creditors, and $266001 in secured creditors, according to documents prepared by the receiver, Green Hunt Wedlake Inc. Dean Quinlan, A & D's president, could not be reached
Updated: 10/06/2011 05:14A
Rochester Friendly's unaffected by corporate bankruptcy filling
Larry Ross, director of marketing for Kessler, said the corporate bankruptcy does not affect the restaurants, which will remain open. "We're completely separate from the Friendly's company in our financials," Ross said. There are Rochester-area
Updated: 10/06/2011 05:11A
Unfunded pension costs factor in bankruptcies
Large, emerging pension liabilities that might be jettisoned by a tactical decision to file bankruptcy. Syracuse Symphony declared bankruptcy in May and turned a $2.5 million unfunded pension liability over to the Pension Benefit Guarantee Corporation.
Updated: 10/06/2011 05:08A
President Obama's support of Solyndra betrays hopeless belief in a green
This photograph shows exterior view of Solyndra headquarters in Fremont, Calif., which received a $535 million federal loan despite filing for bankruptcy. The White House has recently come under fire for quickly approving a loan guarantee of $535
Updated: 10/06/2011 04:52A
A not so Friendly Chap. 11
The private-equity firm has made a bid to repossess Friendly's at a price presumably less than its $310 million in debt after it arguably just drove it into bankruptcy. Sun, which bought Friendly's in 2007, put the iconic ice cream and
Updated: 10/06/2011 04:48A
Bankruptcies Related to Medical Debts on the Rise
According to a study conducted by credit counseling agency CredAbility, 20 percent of those seeking bankruptcy protection cite medical debt as the cause. October 06, 2011 /24-7PressRelease/ -- According to a study conducted by credit counseling agency
Updated: 10/06/2011 04:42A
Elderly Bankruptcy Filings Hit All-Time High. What's to Blame?
While bankruptcy filings began to cut a wider demographic swath, once again retired Americans bore a disproportionate burden. In 2010, the University of Michigan Law School released a study examining elder bankruptcy. The results hammered home the
Updated: 10/06/2011 04:42A
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