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Status Meeting Held on Harrsiburg Bankruptcy
Harrisburg City Council's plea to file for bankruptcy has had its first real test on Monday during a status hearing with attorneys from city council, the City of Harrisburg, Dauphin County and the Commonwealth of Pennsylvania.
Updated: 10/17/2011 07:11P
Fuld, Lehman officials say they can tap insurance funds
In a filing yesterday with the US Bankruptcy Court in Manhattan, lawyers for Fuld and the others struck back at an objection to a settlement between themselves and six California municipalities that were suing them for securities fraud.
Updated: 10/17/2011 07:09P
Divorce settlement clears way for Dodgers
Los Angeles Dodgers owner Frank McCourt and Jamie McCourt said they settled their divorce case, putting an end to a feud that had further complicated the Major League Baseball team's bankruptcy proceedings. Jamie McCourt, who had opposed the proposed
Updated: 10/17/2011 07:09P
BASEBALL: McCourts OK deal that leaves Frank with Dodgers
THE ASSOCIATED PRESS LOS ANGELES — Frank and Jamie McCourt have reached a settlement in a costly and nasty feud over control of the Los Angeles Dodgers, paving the way for a showdown in bankruptcy court between the embattled team owner and Major League
Updated: 10/17/2011 07:05P
REAL ESTATE: Plumbing contractor seeks bankruptcy protection
RCR Plumbing & Mechanical, Inc., a Riverside-based plumbing contractor serving the construction industry, on Wednesday filed for Chapter 11 reorganization bankruptcy. The bankruptcy petition filed in Riverside by RCR President and
Updated: 10/17/2011 07:02P
FirstEnergy, Revere object to Hussey reorganization plan
A Tuesday hearing will address concerns with Hussey's reorganization plan, announced after the company filed for bankruptcy protection and moved for an asset sale to KHC Acquisition Inc., an affiliate of St. Louis-based Kataman Metals LLC.
Updated: 10/17/2011 06:59P
Judge Refuses Washington Mutual Bankruptcy Confirmation
For the second time, bank holding company Washington Mutual was refused a confirmation of their reorganization efforts by bankruptcy judge Mary Walrath in Delaware without first engaging in mediation with various creditor groups.
Updated: 10/17/2011 06:54P
Solyndra Judge Denies U.S. Request to Put Trustee in Charge of Bankruptcy
Solyndra LLC, the bankrupt solar panel maker under investigation related to a $535 million loan guarantee from the US government, defeated an attempt to have its bankruptcy case taken over by a trustee.
Updated: 10/17/2011 06:52P
McCourt step closer to keeping Dodgers
Greg Risling Associated Press LOS ANGELES—Frank and Jamie McCourt have reached a settlement in a costly and nasty feud over control of the Los Angeles Dodgers, paving the way for a showdown in bankruptcy court between the embattled team owner and Major
Updated: 10/17/2011 06:52P
Germany cools expectations for debt solution
Financial markets and the euro both rallied early yesterday on optimism that European Union leaders were set to hammer out a final deal to rescue debt-laden Greece from bankruptcy in Brussels on Sunday, but comments by German Finance Minister Wolfgang
Updated: 10/17/2011 06:49P