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Judge Approves Bankruptcy Settlement; Mayor To Inform Hospital Staff
After a judge approved a bankruptcy settlement in US Bankruptcy Court in Newark on Thursday, the mayor will announce the news to the hospital's employees and members of the media on Friday morning. The ruling means that the Hoboken
Updated: 10/06/2011 09:32P
President Barack Obama defends Solyndra loan
By AP President Barack Obama said Thursday the US must not surrender development of clean energy to China and other countries, despite the spectacular failure of a solar-panel manufacturer that filed for bankruptcy after taking a half-billion dollar
Updated: 10/06/2011 09:16P
Cleantech Rebounds
To read the headlines following the Solyndra bankruptcy, one might think the clean tech sector was on its deathbed. On the contrary, investment rose in the just-completed third quarter. Venture investment grew 12 percent compared to the previous
Updated: 10/06/2011 09:14P
Capmark Financial Group Inc. Emerges From Bankruptcy; Makes Initial Payments
Capmark Financial Group Inc. (the “Company”) announced that it and certain of its debtor subsidiaries emerged from bankruptcy on September 30, 2011 (the “Effective Date”). As announced by the Company, on the Effective Date the Company and certain of
Updated: 10/06/2011 09:07P
Phoenix-area bankruptcy filings drop
"Maybe people are having a hard time coming up with the money even to file a bankruptcy case now," said McGuire of law firm Davis Miles & McGuire Gardner, which has offices in Tempe and northern Arizona. "Or perhaps most of the people who were going to
Updated: 10/06/2011 08:36P
Symphony struggles threaten its future in Tobin Center
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: 10/06/2011 08:20P
DOE loan chief Jonathan Silver resigns
30 — if it weren't for the controversy and congressional investigation still swirling around the bankruptcy of loan guarantee recipient Solyndra. Alas, someone had to go. Silver apparently informed DOE head Steven Chu back in July that he intended to
Updated: 10/06/2011 07:52P
Friendly's closes West Harwich restaurant
The parent of the Friendly's restaurant chain filed for Chapter 11 bankruptcy protection on Wednesday and said that it has already closed 63 of its eateries. Thirty of those closings were in Massachusetts, including West Harwich and Wareham,
Updated: 10/06/2011 07:43P
Lender moves to foreclose on Las Vegas Mob Experience, artifacts
But it's expected to file for Chapter 11 bankruptcy protection and reorganization soon as it faces not just the GC-Global lawsuit, but lawsuits filed by creditors including contractors that built the tourist attraction at the Tropicana resort on the
Updated: 10/06/2011 07:36P
Goldman unit sued for canceling Lehman sale deal
Lehman's Rosslyn LB Syndication Partner LLC unit, which is not part of Lehman's ongoing bankruptcy, filed a lawsuit on Thursday in US Bankruptcy Court in Manhattan seeking to force Goldman's Usreo/Rosslyn Investors LLC to close on the deal.
Updated: 10/06/2011 07:32P