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Former Bank President Agrees to Plead Guilty in Multi-Million-Dollar Bank
CONNER also pleaded guilty to perjury in connection with his personal bankruptcy filing in federal bankruptcy court in January 2011. United States Attorney Sally Quillian Yates said, “Our nation's bank problems have contributed to the economic distress
Updated: 10/21/2011 06:03P
Damon's Grill and Sports Bar shuts down four Ohio locations; stiffs workers on
Locations in Middleburg Heights, Mentor, Canton and Sandusky all closed after a Pittsburgh Bankruptcy Court approved plans for emergency shutdowns. The company didn't have the money to keep the lights on or pay its workers. In court filings, the state
Updated: 10/21/2011 06:02P
Fulbright & Jaworski LLP | "Important Issues in a Chapter 9 Case for a
1990) (Confirmation denied where the debtor had spent twice what was needed on capital expenditures to improve facilities that had been in bad repair and, even with that, would only have had to raise taxes a small amount to meet existing bond
Updated: 10/21/2011 06:01P
Mississauga Man charged with Fraud and Bankruptcy & Insolvency Act charges
The allegations relate to fraud and the abuse of the bankruptcy process. Sergiy Volodymyrovych GAMALYEYEV, 55 years of age, of Mississauga, Ontario was charged on September 30 th , 2011 and is scheduled to appear in court on Friday November 4 th
Updated: 10/21/2011 06:00P
Cagle's in Chapter 11 as Georgia's poultry industry under strain
Cagle's, which began 60 years ago as a chicken shop in downtown Atlanta, listed $92 million in assets and $62.9 million in debts in papers filed Wednesday in the US Bankruptcy Court in the Northern District of Georgia. Chapter 11 bankruptcy protects a
Updated: 10/21/2011 05:50P
AMR shares slump, analyst says bankruptcy likely
DALLAS — Shares of American Airlines parent AMR Corp. fell Friday, and an analyst predicted the company will wind up in bankruptcy unless it gets a break from lenders or more cash. The shares dropped 19 cents,
Updated: 10/21/2011 05:37P
Madoff trustee, firm awarded another 36 45 3 mln
and his law firm were awarded another $45.3 million of fees by the judge overseeing the liquidation of the imprisoned Ponzi schemer's investment advisory firm. In an order made public on Friday, US Bankruptcy Judge Burton Lifland in Manhattan
Updated: 10/21/2011 05:32P
Madoff trustee, firm awarded another $45.3 mln
and his law firm were awarded another $45.3 million of fees by the judge overseeing the liquidation of the imprisoned Ponzi schemer's investment advisory firm. In an order made public on Friday, US Bankruptcy Judge Burton Lifland in Manhattan
Updated: 10/21/2011 05:30P
LyondellBasell's Debt Buyback a Bullish Bet on Commodity Chemicals Recovery
The company, which exited Chapter 11 bankruptcy protection last year, said late on Thursday it would launch a tender offer for $1.47 billion of 8 percent notes due in 2017 and $1.32 billion of 11 percent notes due in 2018.
Updated: 10/21/2011 05:23P
Mortgage underwater? Here's how to stay afloat
"It's one of the most serious items on your credit report, in the same category with bankruptcy and repossessions." But the impact on your credit score shouldn't be the only consideration, adds Detweiler. "Focus on 'how am I gonna come out of this
Updated: 10/21/2011 05:16P
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