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Ignoring the problem
The city of Harrisburg is going through a difficult financial time, but it shouldn't have let the problem grow to the state of bankruptcy. Pennsylvania's distressed capital city filed for bankruptcy Wednesday, citing “imminent jeopardy” from lawsuits
Updated: 10/13/2011 06:26P
* Harrisburg attorney defends bankruptcy filing
A law passed in Pennsylvania earlier in the year prohibits the city from filing for bankruptcy until 2012. Glen Grell, a Republican member of the state's house of representatives for the 87th district said the "bankruptcy petition that was filed is not
Updated: 10/13/2011 06:26P
New Leader for Struggling Solar Company
A bankruptcy court on Thursday approved the hiring of a chief restructuring officer at the California energy company Solyndra. R. Todd Neilson, who served as the bankruptcy trustee for the boxer Mike Tyson and the rap impresario Marion Knight,
Updated: 10/13/2011 06:25P
FOX Carolina 21Solar company Solyndra says its CEO resigned
(AP) - The chairman and CEO of a California solar energy company that sought bankruptcy protection after receiving a half-billion-dollar loan guarantee from the Obama administration has resigned. Solyndra Inc. said in papers filed in Delaware
Updated: 10/13/2011 06:18P
WSET.com - ABC13Solar company Solyndra says its CEO resigned
(AP) - The chairman and CEO of a California solar energy company that sought bankruptcy protection after receiving a half-billion-dollar loan guarantee from the Obama administration has resigned. Solyndra Inc. said in papers filed in Delaware
Updated: 10/13/2011 06:17P
FOX5 Vegas - KVVUSolar company Solyndra says its CEO resigned
(AP) - The chairman and CEO of a California solar energy company that sought bankruptcy protection after receiving a half-billion-dollar loan guarantee from the Obama administration has resigned. Solyndra Inc. said in papers filed in Delaware
Updated: 10/13/2011 06:17P
Will Your Credit Card Company Garnish Your Wages If You Declare Bankruptcy?
As a result, many people with serious credit card debt look to bankruptcy as a way out of their financial woes. If a court rules in their favor and declares a Chapter 7 bankruptcy, all of their debts will be forgiven and garnishment will be a non-issue
Updated: 10/13/2011 06:08P
Failed energy projects cross US party lines
"Raser Tech is a company that has consistently pushed the envelope to develop, and bring to market, some of our nation's most advanced concepts in clean energy, and I congratulate this Utah business for being first out of the gate to use the latest
Updated: 10/13/2011 06:07P
Philly orchestra, musicians approve new contract
It now goes for approval to the judge in the orchestra's bankruptcy case. The renowned 111-year-old symphony this year became the first major US orchestra to file for Chapter 11 bankruptcy protection. Orchestra president and chief executive officer
Updated: 10/13/2011 06:03P
Ambac Asks Bankruptcy Court to Estimate IRS's Tax Claim
Ambac Financial Group Inc. (ABK) asked a bankruptcy court to hold a hearing to estimate the value of an $807.2 million tax claim, saying the company may run out of cash by 2012 if a dispute with the IRS
Updated: 10/13/2011 06:02P
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