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Bronx News Roundup, Oct. 14
The city may come to the rescue of the parking garage company that's near bankruptcy thanks to fans that have avoided the expensive parking option like a batter dodging a beanball. Affordable housing may be in the mix and the borough president is still
Updated: 10/14/2011 12:10P
A Harrisburg scorecard
That is a quote from Mark D. Schwartz, the attorney for the city of Harrisburg, Pennsylvania who filed for Chapter 9 bankruptcy on October 11. Harrisburg is the center of a multi-year, multi-player fiasco over an enormous, under-utilized waste
Updated: 10/14/2011 12:04P
Harrisburg not a meltdown for munis
THE ISSUE: Harrisburg, Pennsylvania filed for Chapter 9 bankruptcy on Wednesday, leading to questions about how other municipal bonds might be affected. By Sam Forgione NEW YORK (Reuters) - Municipalities across the country face budget woes,
Updated: 10/14/2011 12:04P
Harrisburg, mayor petitions against bankruptcy (Reuters)
(Reuters) – Harrisburg Mayor Linda Thompson fired the first salvo against the city's bankruptcy filing, submitting a court petition late Thursday asking for the filing to be dismissed. On Tuesday, in a bid to resolve its debt crisis, the Pennsylvania
Updated: 10/14/2011 12:01P
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A New York-based freelance journalist, I write for many top newspapers, magazines and Web sites worldwide, covering the arts and every aspect of travel--business, leisure and online. I currently contribute to The New York Times, International Herald
Updated: 10/14/2011 11:57A
Solyndra requests bankruptcy chief ; Solyndra wants to hire a chief
Neilson will "effectively replace the debtor's CEO, Brian Harrison, who left the company as scheduled on Oct. 7," Solyndra said in a filing Tuesday in US Bankruptcy Court in Wilmington, Del. Neilson is needed immediately to evaluate potential asset
Updated: 10/14/2011 11:55A
Bankruptcies spur states to help muni bondholders
That was in reaction to the 2008 bankruptcy filing by the city of Vallejo, Calif. The city of Central Falls, Rhode Island filed in August, and that state quickly passed a law affirming bondholders get paid first from local taxes, Fitch Ratings analyst
Updated: 10/14/2011 11:36A
Harrisburg Mayor to Court: Throw Out Rogue Bankruptcy
Under a state law passed earlier this year, municipalities need state approval to file for Chapter 9 protection. "From our perspective, it is an illegal action," Kelli Roberts, a spokeswoman for Gov. Tom Corbett, said earlier this week, adding that the
Updated: 10/14/2011 11:32A
NK clothing shop owner files federal bankruptcy petition
PROVIDENCE, RI -- The owner of Wilson's of Wickford filed for federal bankruptcy protection late Thursday, the day before his North Kingstown clothing business faced a foreclosure auction forced by the Washington Trust Co.
Updated: 10/14/2011 11:29A
Solyndra Almost Scored Navy Deal
(Newser) – Solar-energy firm Solyndra was one of three companies picked for a $1 million Navy pilot program for new technologies—but the Navy cut ties to the firm the day before Solyndra declared bankruptcy.
Updated: 10/14/2011 11:06A
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