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'Inordinate'number of requests by Friends First queried
A HIGH Court judge has questioned the “inordinate” number of applications to the bankruptcy court brought by finance company Friends First. Out of a list of 75 cases before the High Court's bankruptcy session yesterday, 28 cases were taken by the
Updated: 10/10/2011 07:51P
Brown Supports Solar Business Despite Fallout
Jerry Brown is vowing to continue investing in solar energy in the wake of the recent Solyndra bankruptcy. On Monday, Brown attended the opening of the new headquarters of SunEdison, which recently relocated to the San Francisco Bay area.
Updated: 10/10/2011 07:42P
Bankruptcy Ripples Appear on Economy's Surface
The weak economy, lackluster consumer spending, a shaky junk-bond market and increasingly tight lending practices are also threatening struggling companies in industries as diverse as shipping, tourism, media, energy and real estate.
Updated: 10/10/2011 07:30P
Insight: New U.S. bankruptcy ripples may emerge in tough economy
The weak economy, lackluster consumer spending, a shaky junk-bond market and increasingly tight lending practices are also threatening struggling companies in industries as diverse as shipping, tourism, media, energy and real estate.
Updated: 10/10/2011 07:13P
Belkin's Trans National Communications Int'l files bankruptcy
Trans National Communications International, a telecommunications services subsidiary of the Trans National Group of companies, founded by Boston businessman Steve Belkin (above), has filed for Chapter 11 bankruptcy protection.
Updated: 10/10/2011 07:08P
Foreclosing Lenders Beware
In Gonzalez, the borrower was a homeowner whose house was encumbered by a loan in favor of OneWest Bank FSB. OneWest, through Quality Loan Service Corp., as trustee, conducted a non-judicial foreclosure sale. A third party called Rancho Horizon was the
Updated: 10/10/2011 07:08P
Insight: New US bankruptcy ripples may emerge in tough economy
AMR Corp's American Airlines may need to go to court to restructure its labor contracts, though a spokesman for the airline reiterated on Monday that bankruptcy is not the company's goal or preference. Kodak confirmed that a law firm known for taking
Updated: 10/10/2011 07:07P
Second Chance Files For Bankruptcy
SIOUX FALLS, SD - Nearly $200000 in unpaid bills, a $5 million federal lawsuit, and a couple hundred identity chips for tracking pets is about all that's left of the Second Chance Rescue Center. The animal shelter closed its doors in
Updated: 10/10/2011 06:58P
TNCI Files Chapter 11 Bankruptcy
Trans National Communications International Inc., a privately held reseller and VoIP carrier based in Boston, filed Sunday for protection under Chapter 11 of the US bankruptcy code. The news spread quickly through the agent community, raising concerns
Updated: 10/10/2011 06:54P
Inights: New U.S. bankruptcy ripples may emerge in tough economy
Oct 10 (Reuters) - Three years after the collapse of Lehman Brothers touched off a tidal wave of bankruptcy filings, corporate failures may be about to pick up again, with some big-name companies among those struggling for survival.
Updated: 10/10/2011 06:49P
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