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WSJ: Halloween Sinks Teeth Into Borders
The WSJ blog, "Bankruptcy Beat," cited the Ardmore-Merion-Wynnewood Patch and Patches in Braintree, Mass.; Brandon, Fla.; Fort Lee, NJ; Pleasanton, Calif.; and Syosset, NY—along with The Oklahoman, a newspaper in Oklahoma City—in reporting that
Updated: 10/13/2011 06:41A

Debt-crippled Harrisburg, Pa. files for bankruptcy
Pennsylvania's distressed capital city filed for bankruptcy Wednesday, citing "imminent jeopardy" from lawsuits related to a debt-saddled municipal incinerator and setting up a power struggle between the mayor and City Council. The federal petition for
Updated: 10/13/2011 06:29A

Trump buys troubled resort
Donald Trump agreed to pay $170 million for Miami's Doral Golf Resort & Spa, a luxury property put into bankruptcy earlier this year by hedge fund Paulson & Co. and Winthrop Realty Trust. The transaction will likely be completed in the first quarter of
Updated: 10/13/2011 06:22A

Angry employees at now closed Rosie's Diner file claim for unpaid wages
The eatery was featured on the Food Network's Diners, Drive-Ins and Dives in 2006, and on the Travel Channels Diner Paradise. But 1946 dining car found fame as the backdrop for TV spots for Cincinnati-based Procter & Gamble's Bounty paper towels.
Updated: 10/13/2011 06:10A

On this date
In 2010, rescuers in Chile using a missile-like escape capsule pulled 33 men one by one to fresh air and freedom 69 days after they were trapped in a collapsed mine a half-mile underground. Singer-musician Paul Simon is 70. Singer-musician Sammy Hagar
Updated: 10/13/2011 06:09A

Debtors burying heads in sand
The number of people resorting to bankruptcy protection to escape onerous debt loads is down. The first nine months of 2011, consumer bankruptcy filings were 10% lower than the same period last year, the American Bankruptcy Institute says.
Updated: 10/13/2011 06:04A

Stress, fear and the American way
At different times, different groups of us fear: layoff, immigrants, government action, government inaction, gun laws, lunatics with guns, crime, bankruptcy, foreclosure, prescription drugs, illegal drugs, global warming, pollution, cancer, tornadoes,
Updated: 10/13/2011 06:01A

Nassau succceds in converting Chap. 7 bankruptcy to Chap. 11 (reorganization)
From today's TRI Newsletter: In mid-September, Nassau's three main creditors, including Goldman Sachs, petitioned for Chapter 7 bankruptcy status, which is liquidation. The creditors claimed that Nassau had failed to submit an agreed-upon Chapter 11
Updated: 10/13/2011 06:01A

Fewer with debt woes seeking help
•The number of people resorting to bankruptcy protection to escape onerous debt loads is down. The first nine months of 2011, consumer bankruptcy filings were 10% lower than the same period last year, the American Bankruptcy Institute says.
Updated: 10/13/2011 06:01A

US city of Harrisburg files for rare municipal bankruptcy
The city of Harrisburg, Pennsylvania filed for rare chapter nine bankruptcy after taking on $300m of debt to refurbish an expensive waste-to-energy incinerator. The filing lists debt and assets of $100m to $500m. The state senate will vote now on a
Updated: 10/13/2011 05:56A

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