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UB40 Declares Bankruptcy
UB40 has declared bankruptcy. The Daily Mail reports that saxophonist Brian Travers, drummer Jimmy Brown, trumpeter Terence "Astro" Wilson, and percussionist Norman Hassan have all been declared insolvent by a Birmingham County Court judge.
Updated: 10/18/2011 12:06A
A number of dilemmas surround Harrisburg's bankruptcy filing
There are a number of dilemmas surrounding Harrisburg's bankruptcy filing, but the federal judge overseeing the petition said she first would have to determine if the city had the authority to file for bankruptcy. When that is determined, US Bankruptcy
Updated: 10/18/2011 12:06A
McCourts OK divorce deal; Frank gets Dodgers
"I think this may be a strategically sensible decision for her," said Scott Altman, a law professor at USC. "If he (Frank McCourt) gets $130 million out of bankruptcy, it's hers. It reduces her risk because she doesn't have to share proceeds from the
Updated: 10/17/2011 11:58P
Dodgers Owners Settle Divorce
With his divorce finally settled, he will now have to take on bankruptcy court. (Kevork Djansezian/Getty Images) Jamie and Frank McCourt, who co-owned the Los Angeles Dodgers, finally reached a settlement in their bitter and costly divorce,
Updated: 10/17/2011 11:24P
McCourts OK divorce deal; he gets Dodgers (AP)
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 Baseball.
Updated: 10/17/2011 11:22P
Private hospital gets date for plan to end bankruptcy
A federal bankruptcy judge said Monday that the Kentuckiana Medical Center in Clarksville must find new investors and complete plans to end its bankruptcy within a month or face the loss of protection from his court. Judge Basil Lorch III said at a
Updated: 10/17/2011 11:15P
Frank McCourt Gets Dodgers in Divorce Settlement
This now allows the bankruptcy case between McCourt and Major League Baseball to continue. McCourt put the Dodgers in bankruptcy in June after baseball commissioner Bud Selig rejected the 17-year TV contract with Fox that would have paid the team $385
Updated: 10/17/2011 11:12P
McCourts OK divorce deal
At Joanna's Hair Center, we are trained professionals who strive to make our clients happy. For the ... You know that old pingpong table in your basement, buried under boxes and junk? Take it out, and...- 10:58 am | Associated Press LOS ANGELES — Frank
Updated: 10/17/2011 11:05P
A year in the incarcerated life of Denny Hecker
Hecker, 59, pleaded guilty to conspiracy and bankruptcy charges and was sentenced in February to 10 years in prison. He could be released as early as 2017 if he earns good-behavior credit and completes a substance-abuse program.
Updated: 10/17/2011 11:04P
Europe Desperate in Midst of Unprecedented Financial Contagion
The mountains of bad paper originated by the derivative contagion unleashed on the world by Wall Street between 2006 and 2009 has begun to seriously infect world economies to the point of Credit Default and Bankruptcy. Greece is sinking fast.
Updated: 10/17/2011 11:03P
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