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Clashes Outside Parliament as Greek Austerity Bill Gets Approved
Greek lawmakers on Thursday gave final approval for an austerity law cutting wages, jobs and hiking taxes. The move is needed for the country to get the next batch of bailout funds and avoid bankruptcy, but one deputy was expelled for voting against
Updated: 10/22/2011 06:35A
Analyst's bankruptcy talk sends shares of AMR Corp. tumbling
By AP Shares of American Airlines parent AMR Corp. fell 6.6 percent Friday, and an analyst predicted the company will wind up in bankruptcy unless it gets a break from lenders or more cash. Other major US airline stocks also fell, but they declined
Updated: 10/22/2011 06:27A
If New Brunswick was a business
If New Brunswick was a business on the verge of bankruptcy, what would you do to fix it? If New Brunswick was a business start-up with no debt obligations and a capital base that included $10 billion in cash, a semi-skilled, reasonably educated
Updated: 10/22/2011 05:05A
American Airlines parent AMR shares slump, analyst says bankruptcy likely
DALLAS (AP) -- 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, or 6.6 percent, to close at $2.69
Updated: 10/22/2011 04:08A
The debt deal
Before it gets to that, people should be aware that they can consult with a licensed trustee in bankruptcy to explore their options - including the possibility of filing a legislative compromise arrangement called a proposal. The most drastic of steps
Updated: 10/22/2011 04:08A
Malgapo vows he'll focus on public safety, Vallejo's revival
"One is the city exiting Chapter 9 (bankruptcy). The other plus is our school district about to get out of receivership." Unlike critics of the existing council, Malgapo, 58, has commended the sitting council's efforts to balance the city budget and
Updated: 10/22/2011 04:04A
Picard awards now $225.1M
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 yesterday, US Bankruptcy Judge Burton Lifland in Manhattan
Updated: 10/22/2011 03:52A
Allmand Law Website Now Has Se Habla Espaol
Allmand Law employs Spanish speaking staff who can help bankruptcy debtors who don't speak English fluently. Even if an immigrant is undocumented, they have a right to file bankruptcy, according to the US Bankruptcy code. Non-citizens and citizens
Updated: 10/22/2011 03:47A
New economic realities hit home
The city council of Harrisburg, Pa., my hometown, voted last week to file for bankruptcy. The state may prohibit the move, opting to force the city into receivership instead. Either way, it's quite a comedown. When you are young, a place doesn't have
Updated: 10/22/2011 03:15A
Analyst sees AMR bankruptcy filing
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. Morningstar analyst Basili Alukos said AMR has a "bloated cost structure" and
Updated: 10/22/2011 03:02A