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MLB notes: McCourts OK divorce deal; he gets Dodgers
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 team owner Frank McCourt and Major League Baseball.
Updated: 10/18/2011 12:55A
Golf, Ski Club In Big Sky Files For Bankruptcy
Spanish Peaks Holdings, LLC and Spanish Peaks Lodge filed for Chapter 7 bankruptcy last week, meaning the resort will be liquidated. This comes days after the 5700 acre private golf and ski community closed its doors and laid off staff.
Updated: 10/18/2011 12:44A
The rage of protest, the politics of envy
"When a man, a business corporation or an entire society is approaching bankruptcy, there are two courses that those involved can follow: they can evade the reality of their situation and act on a frantic, blind, range-of-the-moment
Updated: 10/18/2011 12:33A
Harrisburg Bankruptcy May Be Dismissed on Legal Challenges
If it passes, it will need House approval and the signature of Governor Tom Corbett to become law. Corbett has said he would sign it. State Senator Jeffrey E. Piccola said that if the bill becomes law and the governor declares a fiscal emergency,
Updated: 10/18/2011 12:32A
Pa. must fix local property taxes
Harrisburg's city government seeks bankruptcy. Scranton's vows that it won't follow suit but, so far, has engaged in a political slap fight between city council and the mayor rather than producing a solution. Hazleton hires the consultant that
Updated: 10/18/2011 12:25A
Harry & David continues to struggle after bankruptcy
Harry & David's journey from an industry standard for holiday gift giving — about 60 percent of sales happen from Thanksgiving to Christmas — to bankruptcy shows what can happen when a private-equity investor like Wasserstein freights a small company
Updated: 10/18/2011 12:21A
Mob Experience at Tropicana files for bankruptcy
Las Vegas, NV (KTNV) -- The Mob Experience at the Tropicana Hotel and Casino has filed for bankruptcy, a spokesperson confirmed on Monday. The museum will remain open for the time being and operate as usual. The Mob Experience has not
Updated: 10/18/2011 12:15A
Choosing Bankruptcy Over a Bailout?
That's what the bankruptcy code is all about. You file chapter nine if you're a municipality; chapter 11 if you're a corporation in the United States. The bankruptcy law was designed for these kinds of things. It allows the municipality, or the state,
Updated: 10/18/2011 12:12A
The buzz: McCourts reach settlement about Dodgers
Frank and Jamie McCourt have reached a settlement in a feud over control of the LA Dodgers, paving the way for a showdown in bankruptcy court between Frank McCourt and Major League Baseball. The terms will not be released, according to a joint
Updated: 10/18/2011 12:11A
Report: McCourts reach settlement over Dodgers
"I think this may be a strategically sensible decision for her," said Scott Altman, a law professor at the University of Southern California. "If he [Frank McCourt] gets $130 million out of bankruptcy, it's hers. It reduces her risk because she doesn't
Updated: 10/18/2011 12:07A