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Dortek buys 94.05% stake in Lesna Tip
Lesna Tip had been owned since 2002 by the Slovenian Prevent Global group, which filed for bankruptcy on 3 August 2010. The sale of Lesna Tip is part of the ongoing process to find buyers for Prevent's bankruptcy assets.
Updated: 10/11/2011 09:11A
AbitibiBowater to change name to Resolute Forest Products
The company, which emerged from bankruptcy protection in December, said it will seek formal shareholder approval at its 2012 annual general meeting, and till the November launch it will continue to be known as AbitibiBowater.
Updated: 10/11/2011 09:11A
PR EXEC EXITS AA AMID BANKRUPTCY RUMORS
The airline has been plagued in recent days by fears of bankruptcy as it struggles amid the sluggish economy and its parent company's shares trade under $2. Frizzell joined AA from Hewlett Packard. He was director of corporate communications for Compaq
Updated: 10/11/2011 09:07A
Greece Likely to Get Aid Tranche in November: Troika
Greece is likely to receive an aid tranche it needs to stave off bankruptcy in early November, European Union, International Monetary Fund and European Central Bank inspectors said in a joint statement on Tuesday, concluding a weeks-long review of the
Updated: 10/11/2011 09:02A
Tuition payments gone as Lutz school shuts down
Some say they paid registration and tuition as late as mid-July under pressure from Principal Wendy Alexander, even after Alexander lost her bid for bankruptcy protection to stave off foreclosure. "She was telling us one thing and turning around and it
Updated: 10/11/2011 09:01A
Green Jobs Are Not a Hoax
When US solar darling Solyndra was forced to declare bankruptcy, detractors of green jobs seized upon it and made hay. Thankfully, some pundits have rallied to the defence of green jobs in the US Most recently perhaps is James Surowiecki,
Updated: 10/11/2011 08:58A
Head of DOE Loans Program Resigns Following Solyndra Scandal
The head of the US Department of Energy (DOE) Loan Programs Office has resigned in the midst of the controversy surrounding the bankruptcy of solar panel manufacturer Solyndra. Jonathan Silver was the executive director of the DOE's unit responsible
Updated: 10/11/2011 08:58A
Dhanlaxmi shares tank on accounts concerns; bank denies. Full Article
Full Article New US bankruptcy ripples may emerge in tough economy. Full Article Europe warned of systemic crisis over debt. Full Article Global events of the last four years have virtually held the global economy to ransom, writes Nipun Mehta.
Updated: 10/11/2011 08:57A
Corporate Bankruptcies Could Return With New Recession: Experts
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: 10/11/2011 08:57A
The Lamplighter: A Well-Known Lexington Favorite Regains Revival
To many, this bookstore is not just a place to buy books, but also an escape from reality into any world that they wish to be a part of. Founded by Neil Van Uum in 1986, Joseph-Beth is a well-liked bookstore situated in the Lexington Green Mall.
Updated: 10/11/2011 08:54A
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