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Watergate conspirator represented El Monte Transit Village developers in
EL MONTE - Convicted Watergate conspirator Donald Segretti, a bankruptcy attorney, represented failed El Monte developers in legal proceedings earlier this year. San Marino-born Segretti, who spent four months in prison
Updated: 10/12/2011 02:20P
Harrisburg, Pa., Files For Municipal Bankruptcy
Legal experts expect the state will challenge the filing in court, citing a state law passed this spring that prohibited Harrisburg from filing for bankruptcy. In Pennsylvania, municipalities need state approval to file under Chapter 9, the municipal
Updated: 10/12/2011 02:16P
C. Ind. official pleased with solar plant progress
AP A local official says a solar panel manufacturer planning a major factory in central Indiana has kept up its commitments even as some residents worry about its future after the high-profile bankruptcy of a competitor. Abound Solar plans to start
Updated: 10/12/2011 02:15P
Chrysler to Pay $3500 Signing Bonus to UAW Members in 2 Parts
Oct. 12 (Bloomberg) -- Chrysler Group LLC, which hasn't turned an annual profit since its 2009 bankruptcy, agreed to pay a record $3500 ratification bonus to United Auto Workers members, hire 2100 people and invest $4.5 billion.
Updated: 10/12/2011 02:08P
Bankrupt Solyndra Spells Warranty Trouble for Customers
The much publicized bankruptcy of solar equipment maker Solyndra has cost the American public millions of dollars in taxpayer money because the company was granted a $535 million loan guarantee by the Obama Administration to build a new plant
Updated: 10/12/2011 02:03P
Muni bankruptcy filings like Harrisburg's are rare
And analysts noted that soon after the town's filing, Rhode Island clarified law affirming that bondholders get paid before some other creditors, including pensioners. Deborah Levine is a MarketWatch reporter, based in New York.
Updated: 10/12/2011 02:00P
Harrisburg seeking Chapter 9 bankruptcy
Jeff Piccola, R-Dauphin, who helped craft that bill, said state law prohibits third-class cities from filing for bankruptcy. He said the City Council majority has acted recklessly. "Rather than wasting precious time on illegal filings and engaging
Updated: 10/12/2011 02:00P
Iceland's Decode signs genetics deal with Pfizer
LONDON (Reuters) - Iceland's Decode Genetics has clinched its first deal with a major pharmaceutical company since emerging in 2010 from a brush with bankruptcy, signing a research collaboration with Pfizer on lupus. The alliance will see researchers
Updated: 10/12/2011 01:57P
Central Indiana official pleased with Tipton solar plant progress
TIPTON, Ind. (AP) — A local official says a solar panel manufacturer planning a major factory in central Indiana has kept up its commitments even as some residents worry about its future after the high-profile bankruptcy of a competitor.
Updated: 10/12/2011 01:55P
Harrisburg Lawmakers Spar As City Moves Toward Bankruptcy
by Mark Memmott But now, The Associated Press reports, Harrisburg Mayor Linda Thompson (D) is making the case that the council doesn't have the authority to seek bankruptcy. Regardless, as NPR's Tamara Keith has reported, the city is in big financial
Updated: 10/12/2011 01:55P
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