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FIAT 500: Back in the USA
A lot has happened in the meantime, and one big change was the acquisition of Chrysler by FIAT after the American automaker dipped into bankruptcy. As the first salvo in its triumphant return to America, FIAT has chosen its 500 small car,
Updated: 10/06/2011 10:16A
The Daily Docket: Judge Inclined to Reject Dodgers Probe Request
A bankruptcy judge Wednesday said he is inclined to turn down a bid by the Los Angeles Dodgers to probe Major League Baseball's dealings with other MLB members for proof Commissioner Bud Selig is treating the ball club unfairly.
Updated: 10/06/2011 10:15A
Bankruptcy Protection: Friendly's Forced To File
Read Morerant chain is filing for Chapter 11 bankruptcy protection and says it has already closed 63 of its stores. (AP Photo/Pat Wellenbach) Filing for Chapter 11 bankruptcy protection on Wednesday, the parent of the Friendly's restaurant chain said
Updated: 10/06/2011 10:12A
Bankruptcy Filings Down 10% This Year
One million consumers filed for bankruptcy during the first nine months of 2011, compared with 1.1 million filings during the same period last year, according to the American Bankruptcy Institute. There were 108517 consumer bankruptcy
Updated: 10/06/2011 10:04A
More Bankruptcy Filings - September 2011
Hussey Copper Corp has filed for bankruptcy protection, citing financial problems due to the ongoing economic recession. The Leetsdale, Pennsylvania based company also plans to sell its assets. The maker of copper bus bars and other copper products
Updated: 10/06/2011 10:02A
New York District Courts Differ Regarding The Scope Of The Bankruptcy Code's
With this in mind, and in light of the fact that the defendants may have been reaping "profits" within this twoyear period that were the result of principal investments made outside of such period, Judge Rakoff noted that an open question remains as to
Updated: 10/06/2011 09:59A
Lehman Bankruptcy Court Denies Contractual Right To Three-Party Setoff In
The Bankruptcy Court for the Southern District of New York has held that a cross-affiliate netting provision in an ISDA swap agreement is unenforceable in bankruptcy. In the SIPA proceedings of Lehman Brothers Inc. (LBI), UBS AG (UBS) sought to offset
Updated: 10/06/2011 09:59A
Nasdaq moves to delist Evergreen Solar
Evergreen Solar is near delisting from the Nasdaq stock exchange - the latest in a series of humbling events, including Chapter 11 bankruptcy, that followed state tax credits for the solar panel technology company. Solar energy panels maker Evergreen
Updated: 10/06/2011 09:58A
Friendly's closes 30 Mass. restaurants, files bankruptcy
The Wilbraham company announced Wednesday it filed for bankruptcy protection under Chapter 11 and closed a total of 63 restaurants as part of the reorganization. The company said it had to make the move because of the sluggish economy, rising prices
Updated: 10/06/2011 09:53A
Polish shipyards: Gdansk workforce takes a tilt at windmills
After brushes with bankruptcy, frequent changes of owners and offbeat investor ideas such as turning part of the Polish shipyard into an upmarket apartment complex, the 6.5 hectare production hall is again working. But the sprays of sparks and piercing
Updated: 10/06/2011 09:36A
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