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Brouse McDowell elects Marc Merklin its next managing partner
A member of Brouse McDowells executive committee, Mr. Merklin is chair of the Commercial and Bankruptcy practice group and focuses on general business counseling, commercial law and business reorganizations. He represents creditors, debtors,
Updated: 10/19/2011 10:19A
Court terminates bankruptcy case against Russian Railways' subsidiary
A court has terminated the bankruptcy case of a Russian Railways' subsidiary, the Russian Legal Information Agency (RAPSI) reports from the courtroom. RZHDstroy was founded in 2006 on the basis of Russian Railways' construction enterprises.
Updated: 10/19/2011 10:08A
Agreement reached for Chrysler Kenosha engine plant site redevelopment
Selected assets of Chrysler were acquired in 2009 by Italy-based Fiat SpA, after Chrysler entered Chapter 11 bankruptcy. But Fiat did not acquire the Kenosha plant. The plant, which sits on a 109-acre site in the middle of the city of Kenosha,
Updated: 10/19/2011 10:07A
Solyndra's Bankruptcy and the Failure of 19th-century Steam Subsidies
Collins' 19th-century demise was a long-ago prophecy of Solyndra's bankruptcy and that of most other taxpayer-financed venture companies that continue to jostle for position to pluck at the federal government's purse strings.
Updated: 10/19/2011 10:06A
American Airlines reports $162 million loss for third quarter
By AP Getty ImagesAmerican Airlines, which some industry experts believe may file for bankruptcy, reported a $162 million third quarter loss. Even higher fares couldn't pull American Airlines out of its financial nosedive. American's parent, AMR Corp.,
Updated: 10/19/2011 10:06A
Fuel Card News Motoring Updates: The Fuelcard Company warns drivers to resist
Worryingly, the programmed illustrated the lengths some transport operatives are prepared to go to avoid fuel-price related bankruptcy. With the cost of diesel averaging £1.35pa litre, fleet businesses are feeling the pinch with all stating the cost of
Updated: 10/19/2011 10:05A
Don't trash my city, Harrisburg activist warned
NEW YORK (MarketWatch) — One reason Harrisburg, Pa., filed for bankruptcy is that nobody ever listens to the dead. Charles Chivis used to wear a sign that read “I'm dying of cancer and I know it.” And, “We're killing our children with
Updated: 10/19/2011 10:02A
Violence mars huge austerity demonstrations in Greece
Police in Athens clashed with protesters outside parliament as more than 70000 people according to authorities, and 200000 according to unions, converged on central Syntagma Square. Four people including two policemen were hurt, according to the
Updated: 10/19/2011 10:00A
Court to hear bank lawsuit for state company's bankruptcy on December 5
The Moscow Commercial Court has postponed the bankruptcy hearing of the Mosstroyresurs state enterprise until December 5 following a petition from RosDorBank, the Russian Legal Information Agency (RAPSI) reports from the courtroom.
Updated: 10/19/2011 09:58A
48-hr general strike underway in Greece ahead of votes on austerity
A 48-hour general strike is underway in Greece ahead of parliamentary votes on austerity measures meant to stave off bankruptcy. Tens of thousands of protestors from all sectors converged near the parliament building in central Athens on Wednesday to
Updated: 10/19/2011 09:47A
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