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PCB became richer during my tenure, says Ijaz Butt
He said that PCB was on the brink of bankruptcy as it had just Rs 1.5 billion in its coffers while a good number of cheques carrying handsome amounts had bounced. Butt was quoted in Dawn as saying, “But now, despite the fact that Pakistan has been
Updated: 10/13/2011 05:55A

Public not happy with bankruptcy plan
When gauging reaction to Harrisburg City Council's bankruptcy filing, abc27 found little support. Among the people we interviewed in the capitol city, no one thought it was a good idea, but they also didn't have a better plan
Updated: 10/13/2011 05:52A

Smithfield Cafe, a Pittsburgh landmark, claims bankruptcy
One of Downtown's oldest restaurants filed for bankruptcy this week, citing the loss of a tenant in a building it owns and a drop in business as fewer shoppers come to that part of town. The Smithfield Cafe plans to restructure its debt,
Updated: 10/13/2011 05:44A

Smithfield Cafe, a Pittsburgh landmark, claims bankruptcy updated 5:37 am
One of Downtown's oldest restaurants filed for bankruptcy this week, citing the loss of a tenant in a building it owns and a drop in business as fewer shoppers come to that part of town. The Smithfield Cafe plans to restructure its debt,
Updated: 10/13/2011 05:41A

Mayor's plan is right one for Harrisburg's recovery
Two of the three options — a state intervention and bankruptcy — are really high risk. They are untried processes with highly uncertain outcomes. The third option — Mayor Linda Thompson's financial recovery plan under Act 47 — is the result of months
Updated: 10/13/2011 05:12A

Elcoteq starts layoffs in Hungary
EMS-provider has notified the local labour office about layoffs in Hungary and the closure of its manufacturing facility in Pcs. As reported earlier, Luxembourg-registered EMS-provider Elcoteq declared bankruptcy last week and is to close its
Updated: 10/13/2011 05:08A

Meyer Theatre marquee prepared for Friday lighting
1, 1933: Becomes Bay Theatre when bankruptcy forces ownership change » February 2002: Building reopens as Robert T. Meyer Theatre It's back to the future with the new Meyer Theatre marquee being installed and tuned up for a lighting ceremony Friday
Updated: 10/13/2011 05:07A

Chinese Government To Block Saab's Saviors, Bankruptcy Imminent--Or Not?
China's Zhejian Youngman Lotus (Youngman) and Pang Da Automobile signed a memorandum of understanding (MOU) with Saab in June to provide as much as $350 million in financing for Saab to help it avoid bankruptcy. That financing is likely to be blocked,
Updated: 10/13/2011 05:04A

Pa. Capital Harrisburg Files For Bankruptcy
by Craig Layne.
Updated: 10/13/2011 04:56A

LOCAL BANRUPTCIES
Here is a partial list of commercial bankruptcy filings in Los Angeles County, provided by Timely Info Inc., of Los Angeles. The list generally excludes firms whose debts are less than $50000. City Wide Construction Inc., 12500 Riverside Drive,
Updated: 10/13/2011 04:53A

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