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Heritage files for bankruptcy protection; allegations of fraud surface
by DEREK HODGES SEVIERVILLE — Though negotiations to find some future for Heritage Log Homes reportedly continue, the defunct company filed for Chapter 11 bankruptcy a week ago. The move comes amid allegations of possible fraud on the part of
Updated: 10/18/2011 09:22P
Madoff 'Clawback' Suit Going After Jewish Group Helping The Elderly
Jewish Association, was filed in US Bankruptcy Court, Southern District of New York in Manhattan on Oct. 14. It is one of hundreds of “clawback” lawsuits filed by bankruptcy trustee Irving Picard in order to collect money received from the Ponzi scheme
Updated: 10/18/2011 09:21P
Good Times for Solar?
But one high-profile bankruptcy has changed that. The Solyndra bankruptcy has made solar a target: for the fossil fuel industry, pundits and Republicans staging a proxy war against the Obama agenda. So Resch played defense by going on offense,
Updated: 10/18/2011 09:18P
Singletary: The price of irrational exurberance
Following the high-profile Chapter 11 bankruptcies of WorldCom, Kmart and General Motors, investors were still purchasing millions of shares of these troubled companies, hoping they could earn a profit when or if the firms emerged from bankruptcy
Updated: 10/18/2011 08:46P
Bel-Air man sentenced to 70 months for fraud
AP LOS ANGELES — LOS ANGELES (AP) - 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
Updated: 10/18/2011 08:45P
Mortgage holiday to clear debts may be offered to borrowers
It is one of a number of proposals on personal indebtedness being considered as part of reform of Irish bankruptcy law. The troika has asked banks to assess the impact of such reforms, which would allow struggling borrowers reduce debts and stay in
Updated: 10/18/2011 08:45P
Harrisburg, Paris of my Youth, Hits the Skids: Margaret Carlson
The city council of Harrisburg, Pennsylvania, my hometown, voted last week to file for bankruptcy. The state may prohibit the move, opting to force the city into receivership instead. Either way, it's quite a comedown; Harrisburg has joined the list of
Updated: 10/18/2011 08:41P
Rangers vow this World Series will be different
Texas overcame manager Ron Washington's drug-use admission, bankruptcy and a history of playoff follies to reach the World Series for the first time in franchise history. That's when the Rangers went from darlings to ugly ducklings as they were
Updated: 10/18/2011 08:33P
Bel-Air Man Convicted of Bankruptcy Fraud and Assault Sentenced to Nearly Six
LOS ANGELES – A Bel-Air man was sentenced this afternoon to 70 months in federal prison for concealing assets in a bankruptcy proceeding and threatening a private investigator with a golf club. Milton Lee Vandevort, 50, was sentenced by United States
Updated: 10/18/2011 08:27P
Harrisburg, Beautiful Paris of My Youth, Hits the Skids: Margaret Carlson
The city council of Harrisburg, Pennsylvania, my hometown, voted last week to file for bankruptcy. The state may prohibit the move, opting to force the city into receivership instead. Either way, it's quite a comedown; Harrisburg has joined the list of
Updated: 10/18/2011 08:18P