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Wasserstein Haunts Harry & David in Buyout Doomed to Bankruptcy
Harry & David's journey from an industry standard for holiday gift giving -- about 60 percent of sales happen from Thanksgiving to Christmas -- to bankruptcy shows what can happen when a private-equity investor like Wasserstein freights a small company
Updated: 10/12/2011 12:22A
Dodgers, EPA Rules, Immigration Law, Innkeepers in Court News
The team wants court permission to auction future television rights to raise enough money to exit bankruptcy. Fox, Selig and the Ad Hoc Committee of Season Ticket Holders asked US Bankruptcy Judge Kevin Gross in Wilmington, Delaware, to say no.
Updated: 10/12/2011 12:20A
Goldman May Drop Bank Status to Sidestep Volcker Rule Costs, Hilder Says
A pedestrian walks by the Goldman Sachs Group Inc. headquarters in in New York, US Goldman Sachs and Morgan Stanley were the biggest US securities firms before they converted to bank holding companies after the September 2008 bankruptcy of Lehman
Updated: 10/12/2011 12:17A
Solyndra Collapse Sparks K Street Rush
The collapse of the solar company Solyndra — which announced it would file for bankruptcy at the end of August after receiving a visit from President Barack Obama and a $535 million loan guarantee from the federal government — is under investigation by
Updated: 10/12/2011 12:15A
Report from the occupation
ironically enough, for a bankruptcy specialist in Troy, Justin Lecea still couldn't manage to afford his car and rent payments. Then the tough times got worse six months ago, when the 26-year-old Flint native lost his job at a law firm.
Updated: 10/12/2011 12:12A
Bankruptcy trustee objects to proposed sale in Renegade case
The bankruptcy trustee for three bankrupt Mocksville tobacco companies said in a legal filing that he opposes CB Holdings LLC's attempt to buy them for $16.1 million. Peter Tourtellot, the trustee, said he believes the purchase as currently structured
Updated: 10/12/2011 12:10A
Harrisburg City Council votes 4-3 in favor of Chapter 9 municipal bankruptcy
The same majority who voted down the state-sponsored Act 47 plan and Mayor Linda Thompson's followup fiscal-recovery plan voted 4-3 to hire Philadelphia-area lawyer Mark Schwartz to fight the takeover and then 4-3 to file for bankruptcy as soon as
Updated: 10/12/2011 12:09A
Harerisburg council votes for bankruptcy filing
The only charge for high school sports used to be the one spectators paid at the gate. No more. Athletes are paying to play in school districts across the country. Parents are being asked to share some of the cost of athletics and help close budget
Updated: 10/12/2011 12:06A
Harrisburg, Pennsylvania, Files for Bankruptcy, Its Lawyer Says
Oct. 11 (Bloomberg) -- The City Council of Harrisburg, Pennsylvania, facing a state takeover of its finances, sought Chapter 9 bankruptcy protection. Jason Hess, the acting city attorney, told the council members before the vote today
Updated: 10/12/2011 12:05A
Accusations fly in Dodgers' hearing filings | The Republic
The parties set their positions in filings in the US Bankruptcy Court as foundation for a four-day hearing critical to McCourt's hope of retaining the Dodgers. The league has asked the court to order the team sold. The league also wants the court to
Updated: 10/12/2011 12:03A
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