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Owners of the Mets are seeking to avoid a jury trial
In papers filed Friday in Federal District Court in Manhattan, lawyers for the team's owners said that the trustee, Irving H. Picard, “is not entitled to a jury trial” because the two remaining claims arise out of the bankruptcy code.
Updated: 10/15/2011 06:52P
Lenders start collecting Anderson screw maker's debt
A bankruptcy judge's order this week determined how much some creditors will receive from a sell-off of assets from the old American Screw and Rivet Corp. Nearly all are getting a tiny fraction of their original claims.
Updated: 10/15/2011 06:44P
Montrose attorney accused of malpractice
An oil company is suing its attorney over claims he unscrupulously negotiated for the assets of a bankruptcy estate. Mining Oil Inc. filed a lawsuit on Oct. 12 in Harris County District Court against attorney
Updated: 10/15/2011 06:05P
Ohio bankruptcies down, but economy is not improving
AKRON, Ohio (AP) — Fewer Ohioans are seeking to protect themselves from creditors by filing bankruptcy, but experts don't think that's a reason to start celebrating a return to prosperity. “It's not necessarily a good sign,” Akron-based US bankruptcy
Updated: 10/15/2011 06:00P
Spanish Peaks company files for bankruptcy
BOZEMAN (AP) — The company that owns a skiing and golf club in Big Sky called Spanish Peaks has filed for bankruptcy protection. Spanish Peaks Holdings II made the filing Friday in federal court in Delaware. The club closed Monday and released its
Updated: 10/15/2011 05:51P
Company that owns Spanish Peaks in Big Sky files for bankruptcy
The company that owns a skiing and golf club in Big Sky called Spanish Peaks has filed for bankruptcy protection. The Bozeman Daily Chronicle reports (http://bit.ly/pvGosO) that Spanish Peaks Holdings II made the filing Friday in federal court in
Updated: 10/15/2011 05:35P
Medfield Friendly's closes as company files for bankruptcy
The company filed for bankruptcy Oct. 5 and closed 63 of its branches, according to published reports. “You don't really hear too much about Friendly's," said Rob Greer, an employee of nearby Papa Gino's. "Every once in awhile there's an new
Updated: 10/15/2011 05:34P
Debt crisis is No. 1 challenge for world economy: Al-Jasser
Finance ministers and central bank governors of the world's leading economies gather in Paris to discuss how to save Greece from bankruptcy, beat a path out of Europe's wider debt crisis and restart global economic growth. (AP) By REUTERS PARIS: Saudi
Updated: 10/15/2011 05:30P
Gordon Ramsay parts company with auditors after five years
The business affairs of celebrity chef Gordon Ramsay are rarely dull. He has suffered years of falling revenues, near-bankruptcy, the closure of several restaurants and much-publicised domestic fall-outs. Now the fiery restaurateur has
Updated: 10/15/2011 04:44P
Oil and Gas Had Help. Why Not Renewables?
The bankruptcy of a single solar-panel company, Solyndra, has catapulted the question of federal energy policies into the news. It has also led many people to draw exactly the wrong conclusions about federal support for energy innovation and where the
Updated: 10/15/2011 04:42P