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Cagle's Inc. and Cagle's Farms File Chapter 11
A) today announced that it and its wholly-owned subsidiary Cagle's Farms, Inc. have filed voluntary petitions for relief under Chapter 11 of the US Bankruptcy Code. Cagle's filed the petitions today in the United States Bankruptcy Court for the
Updated: 10/19/2011 09:58P
Here is Rudasingwa's moral bankruptcy
Rudasingwa is making these claims after he was arrested for corruption in Rwanda, prosecuted in courts of law and kicked out of government. He did not resign from government out of a sense of moral guilt to clear his conscience.
Updated: 10/19/2011 09:55P
Pa. takeover of Harrisburg clears legislature | Philadelphia Inquirer | 2011-10-19
The city entered into the Act 47 agreement with the state in order to stave off bankruptcy, but the majority of council opposed the plan, which included sale of the incinerator and parking garages. Council members contended the plan didn't go far
Updated: 10/19/2011 09:50P
Former MLB Star Lenny Dykstra Pleads No Contest to Grand Theft Auto, Fraud
He expanded the business throughout Southern California and in 2007 sold it to investors, according to bankruptcy filings. As a self-taught financial analyst, Dykstra proclaimed himself a financial guru and began writing a stock-picking website column.
Updated: 10/19/2011 09:45P
American Airlines reports another loss
Shares of parent AMR Corp. dropped 7.5 percent, and they've fallen 66 percent this year as investors worry AMR could be headed for bankruptcy protection. AMR has nearly $5 billion in cash, more than many of its rivals and enough to avoid bankruptcy
Updated: 10/19/2011 09:45P
Lehman, BofA's $4.5B Claims Reduction Deal OK'd By Judge
Law360, New York (October 19, 2011, 9:10 PM ET) -- A New York federal bankruptcy judge signed off Wednesday on Bank of America Corp.'s agreement to reduce by $4.5 billion its derivative claims against Lehman Brothers Holdings Inc. over
Updated: 10/19/2011 09:15P
Broke Anderson Wants 2nd Circ. To Revive Antitrust Suit
PM ET) -- Defunct magazine wholesaler Anderson News LLC on Wednesday asked the Second Circuit to revive an antitrust suit claiming magazine publishers including Time Inc. drove it into bankruptcy by uniformly balking at a proposed price increase.
Updated: 10/19/2011 09:12P
What will happen with both a state takeover and bankruptcy on the table
But, with Harrisburg filing for bankruptcy what does that mean? No one really knows for sure. The state says they can go forward with the takeover, but City Council says everything will be on hold while the bankruptcy works its way out.
Updated: 10/19/2011 09:11P
Rothstein Clawback Suits Seek $9.8M from Jeweler, $1.5M from Bugatti Seller
The bankruptcy trustee settling the affairs of onetime law firm chief and convicted Ponzi schemer Scott Rothstein is targeting the sellers of some of his favorite things in an effort to recover assets for creditors.
Updated: 10/19/2011 09:10P
American Airlines posts $162 million loss for 3rd quarter
Shares of parent AMR Corp. dropped 7.5 percent, and they have fallen 66 percent this year as investors worry that the company could be headed for bankruptcy protection. AMR has nearly $5 billion in cash, more than many of its rivals and enough to avoid
Updated: 10/19/2011 09:06P