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Emergency hearing set on Harrisburg filing (Reuters)
(Reuters) – An emergency hearing on the bankruptcy filing by the city of Harrisburg was set for Monday after the city's mayor late on Thursday submitted a petition to have the filing dismissed. Harrisburg filed for Chapter 9 bankruptcy on Wednesday
Updated: 10/14/2011 01:42P
'Too Big to Fail' author urges more action to prevent financial crises
It was 45 minutes after Lehman Brothers filed bankruptcy, five hours after Merrill Lynch was acquired by Bank of America and 32 hours before the $85 billion government bailout of AIG. He woke his wife, wanting to discuss a situation that seemed like a
Updated: 10/14/2011 01:35P
Madoff Feeder Fund Sues Citigroup Unit to Recover $130 Million
Citigroup Global Markets Ltd. is facing a lawsuit seeking to claw back $130 million in redemption payments it received from Fairfield Sentry Ltd., the biggest feeder of investor funds into Bernard Madoff's massive Ponzi scheme.
Updated: 10/14/2011 01:35P
Wake County bankruptcy filings continue to fall
It also included two filings under Chapter 11, typically used by companies to stay in business while delaying and reducing their debt obligations. A total of 127 new filings were made under Chapter 13, which can allow a homeowner to avoid foreclosure
Updated: 10/14/2011 01:35P
Emergency hearing set on Harrisburg filing
(Reuters) - An emergency hearing on the bankruptcy filing by the city of Harrisburg was set for Monday after the city's mayor late on Thursday submitted a petition to have the filing dismissed. Harrisburg filed for Chapter 9 bankruptcy
Updated: 10/14/2011 01:34P
Board of Creditors decides on bankruptcy of 'Energodistributsiya Kakheti'
Board of Creditors of "Energodistributsiya Kakheti" Company made a decision on bankruptcy of the company, State Electrical System reported on Friday. The process of bankruptcy began because of its huge debt to state companies.
Updated: 10/14/2011 01:26P
Corona Synagogue Files Bankruptcy
Temple Beth Shalom in Corona, California filed for Chapter 11 bankruptcy protection August 2 in an effort to avoid foreclosure of their new synagogue. It is uncertain whether the Temple at California Avenue that belongs to Beth Shalom congregation will
Updated: 10/14/2011 01:20P
Madoff Trustee Sues Jewish Association for $5.2 Million
In today's suit against the Jewish Association, filed in US Bankruptcy Court in New York, Picard says he is entitled to claim six years of transfers under bankruptcy and New York law, among other laws. “The trustee is entitled to a judgment against
Updated: 10/14/2011 01:19P
Dodgers Court Hearing Oct. 31
It won't be exactly on Halloween, but the Major League and Dodgers owner Frank McCourt have outlined their positions in filings in the US Bankruptcy Court as a foundation for a four-day hearing critical that starts on October 31 to
Updated: 10/14/2011 01:17P
Emergency hearing set on Harrisburg, Pa., filing
* Harrisburg mayor seeks dismissal of bankruptcy filing * Court orders emergency hearing on Monday * Pennsylvania also objects, says prohibited by state law (Updates with court order setting hearing, state filing objection, adds bullet points) By Chip
Updated: 10/14/2011 01:16P
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