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Sawgrass Owners Win Court Approval of Plan to Give Goldman Sachs Control
The owners of Florida's Sawgrass Marriott Resort won bankruptcy court approval for a reorganization plan that will give ownership of the resort to secured lender Goldman Sachs Mortgage Co.
Updated: 10/18/2011 05:27P
Elderly Seattle woman fights foreclosure with protests
COM STAFF Like many people facing foreclosure, Dixie Mitchell had fallen on hard times and done nearly everything to save her home. She filed for bankruptcy, met with assistance groups, and sought a loan modification. But after getting nowhere with her
Updated: 10/18/2011 05:26P
SEC charges ex-SemGroup CEO, says misled investors
Once the 14th-largest privately held US company, SemGroup filed for bankruptcy protection on July 22, 2008, after lenders canceled a credit facility, and it incurred $3.2 billion of losses on energy futures and derivatives trades.
Updated: 10/18/2011 05:18P
Governor Corbett weighs in on Harrisburg financial crisis
As the decision on whether Harrisburg can legally file bankruptcy sits in court and the state moves one step closer to taking control of the city's finances, the Governor weighs in on the mess. Governor Corbett said it's unfortunate to see that it's
Updated: 10/18/2011 05:06P
UWS Restaurateur With Shady Past Files for Bankruptcy
David Ruggerio, an Upper West Side restaurateur responsible for a group of restaurants that are little known citywide but have a following in the area, just filed for Chapter 11 bankruptcy protection for two of his restaurants Bomboloni and Jalapeno.
Updated: 10/18/2011 05:06P
Birmingham City Council delays vote on sewer crisis statement
They lamented the threat of sewer rates hikes, corruption that has brought the county to near bankruptcy, and even tossed around lawsuit strategies to prevent imminent increases. But after a lengthy debate the Birmingham City Council today delayed a
Updated: 10/18/2011 05:04P
Shallotte business owners upset with new road, lack of customers
SHALLOTTE, NC (WECT) - Some business owners in Shallotte are on the brink of bankruptcy, saying that a new road is to blame. This evening, business owners met with the town, asking them to make changes so they can get more cars driving down Holden
Updated: 10/18/2011 05:04P
Greek journalists strike ahead of general walkout
Greece was left without news coverage yesterday as unions geared for a two-day walkout to protest an upcoming austerity bill that the government must pass to avoid bankruptcy next month. Journalists staged a 24-hour strike and sailors, tax collectors,
Updated: 10/18/2011 05:01P
FTC Clears $265M Bid For Bankrupt Dallas Stars
The agency granted early termination to its antitrust review of the proposal about one month after US Bankruptcy Judge Peter J. Walsh gave his blessing to Gaglardi's bid and the team's auction plans. The judge scheduled an auction for Nov.
Updated: 10/18/2011 04:58P
Tour The Stunning Florida Golf Course Donald Trump Plans To Buy For $170 Million
The resort's current owners, hedge fund Paulson & Co. and realty company Winthrop Realty Trust, filed for Chapter 11 and bankruptcy protection earlier this year to try and save it. An auction will still be held for the resort, but at this point it's
Updated: 10/18/2011 04:56P
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