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Sawgrass Owners Get Approval of Plan to Give Goldman Control
Oct. 18 (Bloomberg) -- 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. US Bankruptcy Judge Paul
Updated: 10/18/2011 06:13P
In Uncertain Times, Municipal Bonds Call for Caution
NOT RISK-FREE: The Pennsylvania State Capitol in Harrisburg, a city that recently filed for municipal bankruptcy. While default risk rises for municipal bonds during recessions, defaults of the highest-rated issues are rare.
Updated: 10/18/2011 06:04P
Greek to US?
Everyone knows that that Greece is a fiscal basket case, forced to adopt severe and unpopular austerity measures to stave off national bankruptcy. But not everyone seems to understand that today the United States is following that same Road to Serfdom,
Updated: 10/18/2011 05:57P
Bankruptcy Attorney David A. Lander at Gallop Law Firm Chosen 'Bankruptcy
St.Louis - David A. Lander, Co-Chair of the Business Bankruptcy Practice Group at the Gallop law firm in St. Louis, has been chosen “Lawyer of the Year” for receiving particularly high ratings and particularly favorable comments and respect for his
Updated: 10/18/2011 05:56P
Judge Says Grupo Mexico Owes $1.3 Billion on Copper Deal
A Delaware judge said Grupo Mexico SAB owes more than $1.3 billion to minority shareholders of its Southern Peru Copper unit in a case stemming from a complicated corporate restructuring that contributed to the bankruptcy of
Updated: 10/18/2011 05:47P
Saab saved by first payment from China's Youngman
Youngman has agreed to loan Saab Automobile funding for its reorganization project, and provided the brand with its first payment of roughly $15 million on September 12. The remainder of the funds should be released by October 22. The total bridge loan
Updated: 10/18/2011 05:39P
EDITORIAL: Grinding to a halt
PR faces financial bankruptcy and deep-rooted mismanagement. The decline in the performance of one of the country's largest state-owned transport services is a result of massive corruption that has plagued it over the years.
Updated: 10/18/2011 05:39P
Milwaukee Principal Steps Down over Florida School Bankruptcy
The newly appointed principal of Fairview School, a public school in Milwaukee, was forced to step down pending an investigation into her role in the bankruptcy of the Florida school at which she was principal. Wendy Alexander had only been appointed
Updated: 10/18/2011 05:37P
Parent files criminal complaint against Lutz charter school
In 2010, Wendy Alexander filed for bankruptcy personally and on behalf of the school to head off a foreclosure. By MARK DOUGLAS | News Channel 8 One of the many parents who say they prepaid thousands of dollars in tuition for the now-closed Hand In
Updated: 10/18/2011 05:34P
Former Thelen partners object to bankruptcy settlement
The objections, filed in the US Bankruptcy Court for the Southern District of New York, stem from a motion the Thelen trustee filed on Sept. 28 seeking court approval of the settlement. The motion sought to have the specific terms of the $5 million
Updated: 10/18/2011 05:28P
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