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Steelmakers face bankruptcy
HA NOI — The Viet Nam Steel Association has forecast that a significant number of steel firms will shut down next year due to insufficient investment. Firms using out-of-date technologies and with small capacities would be among those facing the chop,
Updated: 10/10/2011 12:22A
Sarkozy, Merkel vow swift action on eurozone debt
Closely watched by markets, the United States and European partners, the Franco-German summit comes amid evidence that some European banks are creaking under the strain of the mounting debt crisis which has pushed Greece to the brink of bankruptcy.
Updated: 10/10/2011 12:14A
Law firm celebrates centennial
The all-purpose firm is a member of Meritas, an alliance of independent business law firms in 60 countries that offers high quality worldwide legal services. The law firm was founded in 1911 by Kemp D. Battle and Frances E. Winslow, who practiced
Updated: 10/10/2011 12:08A
Beaufort hotel files to restructure debt
BEAUFORT -- City Loft Hotel in downtown Beaufort has filed for bankruptcy so it can restructure its debt, but it will remain open, a company spokesman said last week. The company filed for protection from its creditors under Chapter 11 of
Updated: 10/10/2011 12:03A
Brown Signs Bill to Limit Municipal Bankruptcies in California
After the law takes effect in 90 days, municipalities in the most-populous state will have to submit to a neutral review of their finances, or demonstrate a fiscal emergency, before seeking Chapter 9 bankruptcy protection in federal court.
Updated: 10/09/2011 10:58P
New law alters local-government bankruptcy process
Local governments will face more hurdles to declaring bankruptcy under a bill signed by Gov. Jerry Brown on Sunday. Under the new law, written by Assemblyman Bob Wieckowski (D-Fremont), cities would have undergo an evaluation from a neutral third party
Updated: 10/09/2011 10:58P
News Digest
Wired magazine reported Friday that the spyware has resisted efforts to remove it from the computers in the cockpits at Creech Air Force Base in Nevada, where pilots remotely fly Predator and Reaper drones in places like Iraq and Afghanistan.
Updated: 10/09/2011 10:40P
PAKHANDI LAKHA: AN EXAMPLE SPIRITUAL BANKRUPTCY IN PUNJAB
The pakhandi (charlatan) Baba Lakha of Abohar, Punjab who declared that he was the embodiment of Guru Nana Dev Ji and Guru Gobind Singh Ji has absconded to Rajasthan after word spread of his blasphemous assertions. Lakha, who published posters and
Updated: 10/09/2011 09:59P
Its reserved tapped by revolution, Egypt 'on the brink of bankruptcy'
CAIRO — Egypt, less than eight months after the ouster of President Hosni Mubarak, has reached the edge of bankruptcy. Officials said Egypt has exhausted its foreign currency reserves amid nearly a year of labor and political unrest.
Updated: 10/09/2011 08:40P
CENTS TO DOLLARS: Bankruptcy brings sense of control
A bankrupt's home and any other real estate automatically vests to the trustee, and can be sold. Release from bankruptcy normally happens automatically, three years after your petition has been accepted by the Insolvency and Trustee Service Australia
Updated: 10/09/2011 08:29P
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