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Former Comvest Businessmen Sued
A secretary and president of a Bridgeport-based company that is currently in bankruptcy proceedings are targets of a federal lawsuit. Comvest Ltd., Inc. started doing business in the Mountain State in 1988 but filed for Chapter 11
Updated: 10/14/2011 04:15P
State files motion to dismiss Harrisburg bankruptcy petition, mayor to argue
By ERIC VERONIKIS, The Patriot-News The commonwealth has filed a motion to dismiss City Council's Chapter 9 bankruptcy petition and an emergency status hearing will take place at 9:30 am Monday at the request of Harrisburg Mayor Linda Thompson.
Updated: 10/14/2011 04:12P
33-month sentence for exec from Fremont's Pegasus
Pegasus filed for bankruptcy in 2008 and has relocated to Florida. The Securities and Exchange Commission filed a civil fraud suit against Pegasus, Knabb and Durland in 2009, seeking repayment of ill-gotten gains. The suit is still pending.
Updated: 10/14/2011 04:04P
GBO fails to file debt restructuring plan, deemed to have gone bankrupt
"Until a solution is found, the company deemed it best to suspend operations," GBO said at the time. In August, GBO said its net loss had doubled in its most recent quarter on sharply lower sales. The company lost $1.8 million or 10 cents a share for
Updated: 10/14/2011 04:02P
Madoff Trustee Files $5.2 Million Lawsuit Against Jewish Association
In the Jewish Association lawsuit filed in US Bankruptcy Court in New York Picard claims that the trust is entitled to six years of transfers under bankruptcy and New York Law. “The trustee is entitled to a judgment against defendant avoiding and
Updated: 10/14/2011 04:01P
Madoff Trustee Wants $5.2M From Jewish Charity
Law360, New York (October 14, 2011, 3:55 PM ET) -- The bankruptcy trustee for Bernard L. Madoff Investment Securities LLC sued the Jewish Association for Services for the Aged on Friday to recover $5.2 million in phony profits the
Updated: 10/14/2011 03:55P
Proposed National Slavery Museum Files Bankruptcy
Despite the endorsement and financial support from celebrity Bill Cosby, the proposed National Slavery Museum in Virginia has filed for bankruptcy protection. The United States National Slavery Museum was supposed to have opened four years ago on 38
Updated: 10/14/2011 03:51P
Leesburg Today, Ashburn Today Up For Sale
Dirks, Van Essen & Murray, a company that performs consulting and appraisals for newspapers as well as assists with sales and acquisitions, announced the sale of ACN's Ohio division, Columbus Media Enterprises, in September.
Updated: 10/14/2011 03:40P
WSET.com - ABC13State lawyers, mayor oppose Harrisburg bankruptcy
Philadelphia attorney Neal Colton filed the state's objections to the bankruptcy on Friday, saying a state law expressly forbids it. Harrisburg lawyer Kenneth Lee says the city and Mayor Linda Thompson believe the petition isn't valid and want the
Updated: 10/14/2011 03:39P
Lawyers, Mayor Oppose City's Bankruptcy
Philadelphia attorney Neal Colton filed the state's objections to the bankruptcy on Friday, saying a state law expressly forbids it. Harrisburg lawyer Kenneth Lee says the city and Mayor Linda Thompson believe the petition isn't valid and want the
Updated: 10/14/2011 03:34P
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