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(AP) Lawyers for the mayor of Pennsylvania's cash-strapped capital are scheduled to appear before a federal bankruptcy judge to dispute the legality of Harrisburg City Council's Chapter 9 filing made last week. The lawyers for Mayor Linda Thompson will
Updated: 10/17/2011 07:44A
McCourts reach settlement, report says
The Times says the deal appears to set up a showdown for the Dodgers between Frank McCourt and MLB commissioner Bud Selig, who wants the US Bankruptcy Court to order the Dodgers sold. Citing multiple people familiar with the agreement, the newspaper
Updated: 10/17/2011 07:39A
UB40 members declared bankrupt
He most definitely would have liked to have been invited as it is where the journey began and Ali is proud of the fact that UB40's music has been honoured." Robin Campbell - Ali's brother and another founder member - was also involved in the Birmingham
Updated: 10/17/2011 07:37A
Drop in Ohio bankruptcies no cause for celebration
Personal bankruptcy filings in Ohio dropped in the year ended June 30, but experts say it doesn't mean economic conditions are improving. Personal bankruptcies fell 10 percent in the year ended June 30, but observers tell the Dayton Daily News that
Updated: 10/17/2011 07:36A
Jewish Aging Group Sued by Madoff Trustee
In a lawsuit filed last month against the owner of the New York Mets to claim back $1 billion received over a six-year period, a judge ruled that Picard could only seek to recover money received in the last two years. Madoff pleaded guilty in 2009 to
Updated: 10/17/2011 07:33A
Palmeiro asks for time to sell Grapevine property in bankruptcy
Former Texas Rangers star Rafael Palmeiro has asked creditors in his real estate bankruptcy case for five years to sell nearly 200 acres of land in Grapevine near Grapevine Mills Mall. The Fort Worth Star-Telegram reported that the undeveloped land was
Updated: 10/17/2011 07:12A
Jefferson County advertising bills aimed at easing financial crisis
Without a legislative fix, county officials have said they may as soon as December have to consider filing for Chapter 9 bankruptcy or cutting additional millions out of a budget that already has been severely reduced. Under Alabama law, counties do
Updated: 10/17/2011 07:06A
State Senate to consider Harrisburg takeover; Bankruptcy filing fought in court
The State Senate will possibly vote on a state takeover today while Mayor Linda Thompson's attorneys will go before a federal judge to fight the bankruptcy filing by City Council. A state takeover has been in the works since early summer,
Updated: 10/17/2011 06:56A
IMPERIAL CAPITAL BANCORP, INC. v. FEDERAL DEPOSIT INSURANCE CORPORATION
The FDIC, as receiver for a bank previously held by chapter 11 debtor Imperial Capital Bancorp, has filed a motion to withdraw the reference of two disputes from the bankruptcy court. The first dispute, the so-called "Tax Refund Proceeding," concerns
Updated: 10/17/2011 06:48A
IN RE ACCESS CARDIOSYSTEMS, INC.
ACCESS CARDIOSYSTEMS, INC., NORTH AMERICAN ENTERPRISES, INC., JOHN MORIARTY AND ASSOCIATES, JOHN J. MORIARTY, RICHARD F. CONNOLLY, JR., AND JOSEPH R. ZIMMEL, Plaintiffs, United States Bankruptcy Court, D. Massachusetts, Central Division.
Updated: 10/17/2011 06:48A
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