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Report: McCourts reach divorce settlement; she gives him control of Dodgers
The divorce case has been placed on hold until a bankruptcy court in Delaware determines the fate of the team. A hearing is scheduled for Wednesday and a judge will consider duelling motions over four days starting Oct. 31.
Updated: 10/17/2011 02:23P
McCourts reach $130M divorce settlement
The agreement also would set the stage for a court battle between Frank McCourt and baseball Commissioner Bud Selig, who has asked the bankruptcy judge to order the team be sold. The Times said to keep the team, Frank McCourt would likely need Judge
Updated: 10/17/2011 02:22P
Alabama County's Effort To Avert Bankruptcy In Peril
possibility it may file what would be the largest municipal bankruptcy in history. A tentative agreement reached last month between county commissioners and holders of more than $3 billion in sewer debt hinges upon passage of several state laws.
Updated: 10/17/2011 02:22P
Tom Martino files motion against creditor bank
Denver broadcast personality Tom Martino filed for a protective order against creditor International Bank of Raton, NM, on Monday, saying the bank “does not have standing” to inquire about possible fraud in his bankruptcy case.
Updated: 10/17/2011 02:19P
Bankruptcy judge delays action on Harrisburg for one month
State officials contend a law passed in June prevents third class cities, such as Harrisburg, from declaring bankruptcy, but Mr. Schwartz claims that law is unconstitutional. Meanwhile, the state Senate is due to vote Tuesday on a bill that would
Updated: 10/17/2011 02:11P
Court approves sale of Drumm home
A US court has approved the sale of David Drumm's home by a bankruptcy officer. Photograph: Irish Times. The court-appointed officer overseeing the bankruptcy of former Anglo Irish Bank chief executive David Drumm has received approval from a Boston
Updated: 10/17/2011 02:10P
McCourts settle: Jamie gets $130 million, Frank gets the Dodgers
What will happen to the Dodgers has been put on hold until a bankruptcy court in Delaware sorts out the mess. A hearing on the matter is scheduled for Wednesday. The divorce agreement removes Jamie McCourt as an obstacle in Frank McCourt's bid to keep
Updated: 10/17/2011 02:09P
Concrete Construction company files for Ch. 11
A construction company specializing in concrete work filed Friday for protection under Chapter 11 of the federal bankruptcy code. Lindsay Lampasona LLC listed assets and liabilities both in the range of $1 million to $10 million.
Updated: 10/17/2011 02:05P
DC Power Play: Students Vie to Build Affordable, Energy Self-Sufficient Homes
The bankruptcy of solar panel manufacturer Solyndra last month has left many people wondering about the future of solar industry in the US That turn of events didn't stop the US Department of Energy from sponsoring
Updated: 10/17/2011 02:03P
Chinese Solar Subsidies Come Under Fire from US Lawmakers
Chinese subsidies to solar panel producers are increasingly drawing attention from US lawmakers, as Washington deals with the aftermath of US solar panel maker Solyndra's bankruptcy filing last month. At a news conference on Friday, Sander Levin - the
Updated: 10/17/2011 01:59P
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