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WH adviser calls Solyndra a *#~@ show.
(AP Photo/Paul Sakuma) Days before Solyndra filed for bankruptcy protection, White House energy adviser Heather Zichal wrote an email that summed up the impending doom at the failed solar energy company. “*#~@ show,” Zichal wrote in an Aug.
Updated: 10/10/2011 11:40A
New $1.4 million ruling against Roberts Broadcasting precedes bankruptcy filing
Bankruptcy proceedings were filed Friday, Oct. 7, listing law firm Armstrong Teasdale and utility Ameren UE among the company's creditors. Roberts Broadcasting consists of four TV stations: WRBU Channel 46 in St. Louis, WZRB in Columbia, SC,
Updated: 10/10/2011 11:33A
Roberts Broadcasting Files For Bankrupcty
Roberts faced legal action from the likes of Twentieth Century Fox and CBS Television Distribution in recent years over syndication fees as well. Roberts Broadcasting parent Robert Cos. is a major real estate player.
Updated: 10/10/2011 11:27A
Under The Hood at GM [Mechanical Engineering]
And then there were retiree benefits, especially insurance. Costs were so high that wags called GM an insurance company that made cars as a sideline. To critics, those deals were evidence that GM was profligate and management cared about nothing but
Updated: 10/10/2011 11:18A
New bankruptcy laws come in force
Alan Shatter announced that the new measures, contained in the Civil Law (Miscellaneous Provisions) Act 2011, came into force today. Other, mainly technical, improvements in bankruptcy law have been in force since the beginning of August.
Updated: 10/10/2011 11:06A
Bailed-out Portugal braces for more spending cuts
The four-month-old government has already hiked taxes and cut welfare benefits. But despite a raft of measures, including a one-off 50 percent tax on Christmas bonuses due in December, it remains far off its financial targets.
Updated: 10/10/2011 11:00A
Cerberus, Innkeepers Trial Postponed
(Reuters) - A trial over whether Cerberus Capital Management and Chatham Lodging Trust were justified in backing out of a $1.12 billion deal to buy hotels run by Innkeepers USA Trust has been postponed, bankruptcy court officials said on Monday.
Updated: 10/10/2011 10:59A
Sbarro eyes exit from bankruptcy
Melville-based Sbarro will offer a plan to get out of bankruptcy at a court hearing Tuesday, according to published reports. Lenders would assume partial ownership of the reorganized restaurant chain in exchange for a reduction of
Updated: 10/10/2011 10:54A
Chenango County plans to go after serial bankruptcy filers
NORWICH – Chenango County Attorney Richard Breslin plans to nearly double his 2012 budget for outside counsel in order to go after “the more egregious offenders” of bankruptcy protection law. “There are a few people who engage in serial filings of
Updated: 10/10/2011 10:40A
What We're Reading
Jeff Gordinier Chef Mateo: A nettlesome array of fees, commissions and other costs plague small restaurant owners like my friend Rafael Mateo at Pata Negra, his Spanish wine and ham bar. –Eric Asimov Wine Anorak: A Loire winemaker's play on words gets
Updated: 10/10/2011 10:40A