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Alvarion to report charge due to ORC bankruptcy filing
Wimax equipment manufacturer Alvarion will report a one-time charge of approximately USD 7 million as a result of the bankruptcy petition filed by US wireless broadband provider Open Range Communications (ORC). It has not been determined whether this
Updated: 10/07/2011 06:16A

Stirling Energy Systems failure leaves behind many issues
Plans for portions of a solar energy supply chain have hit a snag after one prominent company, Stirling Energy Systems Inc. , filed for bankruptcy and left myriad creditors and questions in its wake. Two companies, Tower Automotive LLC and Linamar
Updated: 10/07/2011 06:11A

EpiCentre creditors moving to block payment to Ghazi group
filed an objection to a $476264 claim from Sunset Management Group. A hearing on the objection is scheduled for Wednesday. Susan Stabley covers growth and the environment, and residential real estate for the Charlotte Business Journal.
Updated: 10/07/2011 06:09A

Friendly's not an economic victim
To the editor: It was announced this week that Friendly's has filed for Chapter 11 bankruptcy. This is hard to swallow, as I've been a devoted Friendly's booster since my first Big Beef cheeseburger and chocolate Fribble in 1971, which was devoured as
Updated: 10/07/2011 06:05A

Solyndra Comments From Obama Anger House
President Obama said he didn't regret the Solyndra loan even though the company later filed for bankruptcy. This angered House Republicans. Obama, in an interview with ABC News, said he didn't have regrets about the federal loan of $535 million to
Updated: 10/07/2011 06:04A

Godfrey & Kahn paid $1.5 million for GM bankruptcy work
Milwaukee-based law firm Godfrey & Kahn SC will be paid $1.5 million for monitoring professional fees in the General Motors Corp. bankruptcy case. Nearly all of the payment — $1.4 million — covers hourly fees to attorney Brady Williamson in the firm's
Updated: 10/07/2011 06:04A

Clean energy loan guarantees face cloudy future
A government loan program that helped many clean energy companies — including Solyndra LLC , now in bankruptcy court — has ended. The Energy Department made its final four loan guarantees, totaling $4.7 billion, through its 1705 program on Sept.
Updated: 10/07/2011 06:04A

Shares of American Airlines parent AMR Corp. rebound after plunge
Shares of AMR Corp. , parent of American Airlines , South Florida's largest air carrier, rose 20.7 percent on Oct. 4 after plummeting the prior day amid bankruptcy jitters. Shares closed up 41 cents to $2.39 after closing down 33 percent to $1.98 on
Updated: 10/07/2011 06:03A

FBI investigates bankrupt movie investment firm Sandlot Venture Group
The FBI has been investigating a Silicon Valley investment firm that was launched to finance movies but was later forced into bankruptcy. The firm, Monte Sereno-based Sandlot Venture Group LLC, was pushed into liquidation proceedings last month,
Updated: 10/07/2011 06:00A

Carlson Nelson BK goes Chapter 7
A federal judge has ordered liquidation in the bankruptcy case of the embattled Minnetonka businessman, the grandson of Carlson Cos. founder Curt Carlson who was once in line to run his family's hospitality empire. US Bankruptcy Judge Robert Kressel
Updated: 10/07/2011 06:00A

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