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Fry's wants to keep former exec's debt from being forgiven
SAN JOSE -- A South Bay retailer is urging a bankruptcy court not to wipe out a multi-million dollar debt owned by a former executive. Fry's has formally petitioned a San Jose bankruptcy court judge not to wipe out $85 million in debt it claims that
Updated: 10/18/2011 08:15P
Pa. Senate approves takeover legislation
The senator who's pushing for a takeover said city council can forget about bankruptcy. "When you travel and you say where you're from, I'm from Harrisburg. Oh yeah, that's the town that went bankrupt. Well, we don't want that to happen," said Sen.
Updated: 10/18/2011 08:09P
Spanish Peaks Owes Montana Counties Hundreds Of Thousands In Taxes
The bankruptcy of the Spanish Peaks Ski and Golf Community in Big Sky could cost Madison and Gallatin County hundreds of thousands of dollars. Officials from Madison County say the resort and club owes $120000 in unpaid taxes from 2010,
Updated: 10/18/2011 08:08P
Bel-Air man sentenced to nearly 6 years for fraud, threatening private eye
AP LOS ANGELES — Federal prosecutors say a Bel-Air man has been sentenced to nearly 6 years in prison for hiding assets during a bankruptcy proceeding and threatening a private eye with a golf club. US District Judge Phillip Gutierrez on Tuesday
Updated: 10/18/2011 08:07P
Albert Pujols is the St Louis Cardinals' big weapon going into the World Series
Fifteen months ago the Texas Rangers were in bankruptcy (courtesy of an owner named Tom Hicks, whom fans of Liverpool FC will remember with a warm and fuzzy glow). As for the St Louis Cardinals, six weeks ago they were 10 games out of the wild-card
Updated: 10/18/2011 08:06P
Banks' risk aversion may drive up real estate bankruptcies, researcher says
More Japanese property companies may file for bankruptcy in 2012 as banks become more selective to improve their balance sheets as the outlook in the United States and Europe deteriorates, Tokyo Shoko Research Ltd. said. About 500 real estate companies
Updated: 10/18/2011 08:02P
Dodgers bankruptcy not about hot dog stands, creditors say
The US Bankruptcy Court is not the proper venue to address concession lines at Dodger Stadium, the committee representing creditors in the Dodgers bankruptcy case said Tuesday. The committee and the Dodgers each filed formal opposition to the proposal
Updated: 10/18/2011 07:53P
With budgets vanishing, cities across the country forced to cut jobs, services
"The effects of depressed real estate markets, low levels of consumer confidence and high levels of unemployment will continue to play out in cities through 2011, 2012 and beyond," concluded a September report by the National League of Cities,
Updated: 10/18/2011 07:35P
Deutsche Not Suffering from 'Buyer's Remorse' on Lehman Claims
NEW YORK — Deutsche Bank AG says it isn't suffering from "buyer's remorse" on its $2.4 billion in Lehman Brothers Holdings Inc. bankruptcy claims and is accusing Lehman of making a "newfound interpretation" of its own creditor-payback plan that could
Updated: 10/18/2011 07:24P
Mob Experience owners seek bankruptcy protection
AP LAS VEGAS — LAS VEGAS (AP) - The company that runs the Mob Experience inside the Tropicana Las Vegas casino has filed for bankruptcy protection. The Las Vegas Review Journal reports (http://bit.ly/qOXupr) that Murder Inc. filed for Chapter 11
Updated: 10/18/2011 07:13P
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