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Trailer Bridge taking on water
15 or it could face bankruptcy. “They waited too long to make some strategic changes,” said Charles Clowdis, managing director of transportation consulting for IHS Global Insight, based in Englewood, Colo. Securities and Exchange Commission .
Updated: 10/21/2011 06:05A
Summitt Trucking files reorganization plan with court
One of the Louisville area's largest trucking companies, Clarksville-based Summitt Trucking LLC, and its three affiliated companies have filed a reorganization plan with US Bankruptcy Court in New Albany, two and a half years after they filed for
Updated: 10/21/2011 06:05A
Chrysler's impressive bounce back
As car company rebounds go, the bounce back of Chrysler from bankruptcy is looking increasingly impressive – especially in Canada. Chrysler's turnaround is also a godsend for majority owner Fiat. With its European business suffering from depressed
Updated: 10/21/2011 06:00A
HK bankruptcy petitions fall 19% in Sept from Aug
HONG KONG - Hong Kong bankruptcy petitions in September fell 18.9 per cent to 632 from August, and were down 10.2 percent on an annual basis, government data showed on Friday. The number of bankruptcy petitions for the first nine months of the year
Updated: 10/21/2011 05:52A
Survival looks bleak for Saab
The administrator in charge of Saab's reorganization asked on Thursday that a Swedish court pull the plug on bankruptcy protection, just hours after an investment firm promised new cash to help keep the struggling carmaker alive.
Updated: 10/21/2011 05:25A
China-based PV module maker Suntech Power denies bankruptcy rumors
Suntech Power Holdings, a large China-based maker of crystalline silicon PV modules, has reportedly filed a request for bankruptcy due to serious financial woes, but Suntech has denied the rumors, according to China-based media reports.
Updated: 10/21/2011 05:17A
Commission OKs takeover of Aliante, sale of Fitzgeralds
Buy this photo By Chris Sieroty The Nevada Gaming Commission on Thursday approved the takeover of Aliante Station by a number of its lenders, allowing the 3-year-old luxury resort to emerge from bankruptcy. The five-member commission also approved the
Updated: 10/21/2011 05:08A
Work to begin on stalled project
About 30 homes were either occupied of under some phase of construction when Regency declared bankruptcy in 2008. Interior improvements that were left unfinished include: grading, landscaping, stormwater improvements, some street lights and a short
Updated: 10/21/2011 05:05A
Harrisburg, Paris of my youth, hits the skids
The City Council of Harrisburg, my hometown, voted last week to file for bankruptcy. The state might prohibit the move, opting to force the city into receivership instead. Either way, it's quite a comedown; Harrisburg has joined the list of casualties
Updated: 10/21/2011 05:02A
Almost in clear, Trib seeking new CEO
Sources said Angelo Gordon, one of the senior creditors, wants to see Tribune exit the newspaper business. A rep for Angelo Gordon couldn't be reached for comment. Oaktree and JPMorgan declined comment. In March, Tribune financial advisers pegged the
Updated: 10/21/2011 04:48A
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