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Even higher fares can't help American Airlines
AMR hasn't turned a full-year profit since 2007, and it has lost more than $12 billion since 2001, adding to speculation that it could be headed toward bankruptcy protection. American has high costs, a heavy debt load, too many gas-guzzling planes in
Updated: 10/19/2011 11:29A
American Airlines parent posts $162M loss for 3Q
AMR hasn't turned a full-year profit since 2007, and it has lost more than $12 billion since 2001, adding to speculation that it could be headed toward bankruptcy. Chairman and CEO Gerard Arpey said the third quarter was "challenging for American
Updated: 10/19/2011 11:23A
Bankruptcy, Dave Ramsey, and the Credit Counseling Requirement
When the bankruptcy code was amended back in 2005 one of the new requirements was that those wishing to file for bankruptcy would need to take a pre-bankruptcy credit counseling course as well as a post-filing financial management course.
Updated: 10/19/2011 11:16A
New California Law Makes Municipal Bankruptcy Harder
California Governor Jerry Brown signed a bill into law this weekend that will add hurdles to municipalities filing for Chapter 9 bankruptcy in California. The bill was apparently the third of its kind that has been proposed in the three years since
Updated: 10/19/2011 11:16A
Best in Blogs: Red Red Ink? UB40 Files for Bankruptcy
[Law] Congratulations, It's a … Type A!: As any parent can tell you, you never know what kind of child you are going to get until he or she arrives. Will she be a hard-driving Type A? Or a laid-back Type B? Either way, will her personality mesh with
Updated: 10/19/2011 11:02A
Anti-austerity protests erupt in Greece
Violence marred huge demonstrations in Greece as unions launched a two-day general strike ahead of a vote on a new bill tightening the financial screws in a bid to stave off bankruptcy. Police in Athens clashed with protesters outside parliament as
Updated: 10/19/2011 10:51A
Real Reasons Why Teresa Giudice's 'RHONJ' Cast Mates Despise Her!
After battling bankruptcy, The Real Housewives of New Jersey star Teresa Giudice's successful business ventures are on track to digging her family out of financial ruin — and her RHONJ cast mates aren't supporting her! Instead, a source tells In Touch
Updated: 10/19/2011 10:47A
Sawgrass Marriott reorganization plan confirmed
It also offers access to neighboring golf courses, including The Players Stadium Course at TPC Sawgrass. by Mark Basch, Staff Writer US Bankruptcy Judge Paul Glenn Tuesday confirmed a Chapter 11 reorganization plan for the Sawgrass Marriott Golf Resort
Updated: 10/19/2011 10:39A
ECM creditors win court battle over bankruptcy
A Czech court has backed creditors who pointed out procedural errors in the bankruptcy of Czech real estate development company ECM. Creditors of real estate company ECM who questioned a bankruptcy declaration concerning it citing procedural errors
Updated: 10/19/2011 10:29A
Activist Warned City Not to Trash its Finances
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 dioxin.
Updated: 10/19/2011 10:21A