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Risky business: Buying shares in a bankrupt company
The SEC cited “third-party press releases to investors concerning, among other things, the company's current financial condition and business prospects.” Often with well-known companies, people -- through newsletters or Internet sites -- will hype the
Updated: 10/11/2011 08:51P
Harrisburg may file for bankruptcy if City Council's plan is rejected
Harrisburg City Council has a plan for how to move forward with financial recovery - and if its elements don't come together, the city may file for bankruptcy. A majority of City Council wants $100 million in incinerator
Updated: 10/11/2011 08:27P
Foley & Lardner's Bistrow named lawyer of year by 'Best Lawyers'
By Daily Transcript Staff Report Best Lawyers recently named Foley & Lardner LLP partner Mikel R. Bistrow as San Diego's "Litigation - Bankruptcy Lawyer of the Year” for 2012.
Updated: 10/11/2011 08:20P
NEWS | SAN DIEGO Foley & Lardner's Bistrow named lawyer of year by 'Best Lawyers'
By Daily Transcript Staff Report Best Lawyers recently named Foley & Lardner LLP partner Mikel R. Bistrow as San Diego's "Litigation - Bankruptcy Lawyer of the Year” for 2012.
Updated: 10/11/2011 08:20P
Pakistan Railways stops all cargo trains, 50 passenger trains
LAHORE – Faced with financial bankruptcy, Pakistan Railways has halted all cargo trains and 50 passenger trains, media reported October 11. The state-run Pakistan Railways has only enough diesel for one day of operations, Jang reported.
Updated: 10/11/2011 08:14P
Greece set to receive loan that will buy small window of opportunity
After a weeks-long review of the country's finances, inspectors from the European Union, IMF and European Central Bank said an 8 billion euro loan tranche should be paid in early November after approval by eurozone finance ministers and the
Updated: 10/11/2011 08:12P
Steelworkers get details of tentative deal Wed night
Company promises not cut jobs or production. Local 1005 starts publically worrying about the safety of the plant's pension plan, while the company vows the plan is safe. US Steel's purchase of Stelco passes regulatory approvals and the historic name,
Updated: 10/11/2011 07:56P
Will lawmakers help Jefferson County?
Jefferson County commissioners say if legislators don't pass laws to help the county, they may have to consider a Chapter 9 bankruptcy or cut more money from the general fund. Forty million more dollars could be cut from the already slashed budgets as
Updated: 10/11/2011 07:56P
Wilson Sonsini Defends Itself Against Solyndra Accusations
In making their case against the administration's efforts on behalf of Solyndra, House Republicans have pressed for various documents related to a $535 million loan the company received from the Energy Department. Meanwhile, Solyndra remains the
Updated: 10/11/2011 07:54P
China.com's Parent Internet Company Files For Bankruptcy Protection
CDC Corporation, the first Chinese Internet company listed in Nasdaq, has reportedly filed for bankruptcy protection. The Hong Kong-listed China.com Inc., a subsidiary of CDC Corporation, announced that its website will not be affected by bankruptcy
Updated: 10/11/2011 07:51P
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