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TRW Automotive Is Set To Steer Higher
2008-09 are fresh in people's minds, during which American automakers General Motors (GM) and Chrysler filed for bankruptcy, and Ford (F) barely survived. Auto suppliers such as Delphi and Lear (LEA) trudged into bankruptcy court.
Updated: 10/19/2011 07:10P
Council members: Legislature 'un-American' in Harrisburg recovery
"First they attempted to restrict the city's ability to generate revenue and negotiate with its creditors, which were allowed in the Act 47 law, as well as penalize the city if it filed for bankruptcy. But that wasn't good enough," the council members
Updated: 10/19/2011 07:07P
Here's what American must do, experts say:
Partly it's because other airlines dumped pension and other costs when they went through bankruptcy in the past decade. American's unions hotly dispute AMR's figures and are seeking pay raises. Management and the pilots' union recently stepped up talks
Updated: 10/19/2011 07:07P
Thurston County bankruptcy filings fall in 3Q
The pace of Thurston County bankruptcy filings eased in the third quarter, falling 7.71 percent from the same three-month period in 2010, according to data compiled by the US Bankruptcy Court for the Western District of Washington.
Updated: 10/19/2011 07:06P
Violence hits demonstrations in Greece
Violence has 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 on
Updated: 10/19/2011 07:06P
Morgan Lewis Hires Shearman Partner for Restructuring Practice
He also has represented debtors, creditors and court-appointed fiduciaries in Chapter 11 bankruptcy and cross- border cases, according to the statement. “Jim, who is among the most experienced bankruptcy lawyers in New York, will help us continue to
Updated: 10/19/2011 07:06P
Harrisburg takeover bill awaiting governor's signature
"Bankruptcy was an unacceptable and irresponsible alternative, at least until you go through the process of trying to put together a recovery plan, using those assets and resources before even thinking about walking away from creditors," said Rep.
Updated: 10/19/2011 06:45P
Rothstein trustee sues Levinson Jewelers for $10M
The Levinson lawsuit was widely anticipated and may be one of the last large lawsuits filed in the bankruptcy of Rothstein Rosenfeldt Adler . The bankruptcy trustee, Herbert Stettin, also filed suit against Braman Motors for $1.5 million.
Updated: 10/19/2011 06:37P
817-unit housing development planned for downtown Columbia
In its first major project planned for downtown Columbia since emerging from bankruptcy last November, the town's master developer has proposed to build up to 817 residences and 70000 square feet of retail space.
Updated: 10/19/2011 06:36P
817-unit housing development planned for Columbia
In its first major project planned for downtown Columbia since emerging from bankruptcy last November, the town's master developer has proposed to build up to 817 residences and 70000 square feet of retail space.
Updated: 10/19/2011 06:36P
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