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Greenwood Village-based Open Range files for bankruptcy protection
By Bloomberg News Rural wireless Internet provider Open Range Communications Inc., filed today in Delaware for Chapter 11 bankruptcy protection. On Wednesday, the Greenwood Village-based company that provides service in 17 states laid off 122 employees
Updated: 10/06/2011 01:03P
Sagamore Hotel Checks Into Chapter 11
The Florida owner of Miami Beach's boutique Sagamore Hotel, which has hosted the Playboy Super Bowl party and celebrities like Kate Moss, checked into US Bankruptcy Court on Thursday. Sagamore Partners Ltd. said in an emailed
Updated: 10/06/2011 01:01P
Launch of Victims of Brookfield Association
"The aim is to unite retired and active employees affected by the application of the bankruptcy laws towards Fraser Papers," said Clyde Winchester, president of the Edmundston Retirees Committee. "The Edmundston Association of Retirees and the Retirees
Updated: 10/06/2011 01:01P
WaMu Judge Rejects Quick Approval of New Reorganization Plan
Oct. 6 (Bloomberg) -- Washington Mutual Inc., former owner of the biggest US bank to fail, must try to settle differences among shareholders, hedge funds and other creditors before making its third attempt to exit bankruptcy,
Updated: 10/06/2011 12:50P
Friendly's Ice Cream Chain Files for Bankruptcy
New England ice cream emporium and family restaurant chain Friendly's said it has filed for bankruptcy protection and would close 63 stores. With nearly 500 restaurants on its roster, Friendly's Ice Cream Corp., based in Wilbraham, Mass., said it would
Updated: 10/06/2011 12:48P
What's Happening To Europe's Banks?
Two years ago, when the Greek government first admitted it was facing bankruptcy, the news sent shock waves through the eurozone. Now, despite a massive EU bailout of Athens, Greece continues to totter on the brink and the shock
Updated: 10/06/2011 12:48P
Explainer: What's Happening To Europe's Banks?
Two years ago, when the Greek government first admitted it was facing bankruptcy, the news sent shock waves through the eurozone. Now, despite a massive EU bailout of Athens, Greece continues to totter on the brink and the shock
Updated: 10/06/2011 12:46P
Friendly's Declares Bankruptcy, Clark Franchise Will Remain Open
Yesterday, Friendly's announced what many reports suggested was in the near future: the company filed for bankruptcy and reported the closing of 63 stores as the restaurant chain restructures amidst financial trouble.
Updated: 10/06/2011 12:44P
Friendly's seeks bankruptcy protection under Chapter 11
The parent company of restaurant chain Friendly's has filed for Chapter 11 bankruptcy protection and has already closed 63 of its locations, the company said Wednesday (Oct. 5). About 1260 jobs were lost, as each location employed
Updated: 10/06/2011 12:42P
Obama defends Solyndra deal, energy loan program
The company declared bankruptcy last month. President Barack Obama says the US must continue to give clean energy companies loan guarantees in order to compete with Chinese subsidies that entice companies to move offshore.
Updated: 10/06/2011 12:29P