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Former FirstCity Bank president pleads guilty
They say, he conspired with others to defraud FirstCity's loan committee and board of directors into approving multiple multimillion dollar commercial loans to borrowers who were purchasing property owned by Conner or his co-conspirators.
Updated: 10/23/2011 12:09P
Cost of Subsidizing Fossil Fuels Is High, but Cutting Them Is Tough
BRUSSELS — The bankruptcy this summer of Solyndra — a solar company heavily subsidized by the US government — unleashed a torrent of concern about the risks of wasting taxpayer money on renewable-energy projects.
Updated: 10/23/2011 10:26A
Vetting of proposed N.J. pot dispensary seems hazy
Court filings show that the two directors previously filed for Chapter 7 bankruptcy. In a bankruptcy petition made last year, Harmony's executive director, Karavas, claimed she was unemployed with no monthly income. The center's director of operations,
Updated: 10/23/2011 10:24A
500m German Baltic Coast project declares insolvency
based unit of NYSE-listed American Realty Investors, and Berlin's HarmInvest. The insolvency administrator is now looking for new investors after the original shareholders of the project on a former military base near Flensburg forced the resignation
Updated: 10/23/2011 10:11A
Is Harrisburg a Sign of What Is to Come?
Earlier this month, our state's capital, Harrisburg, voted to file for bankruptcy protection. This puts the city in a perilous position and sends reverberations throughout the municipal markets.
Updated: 10/23/2011 09:49A
Finnish particleboard manufacturer Puhos ceases production after bankruptcy filing
The Finnish particleboard manufacturer Puhos Board Oy filed for bankruptcy on 29 September after a decision by its board of directions. Production ground to a halt as a result. Its 86 workers have now received redundancy notices.
Updated: 10/23/2011 09:27A
Future uncertain for thousands who would be affected by proposed Medicaid cuts
They have tried to sell their home for months, they're selling their belongings on eBay and are afraid bankruptcy isn't far behind. • About 215000 children and adults would be moved to lower-cost "benchmark" state health care plans with fewer benefits.
Updated: 10/23/2011 09:04A
The Incredible Story Of The Jefferson County Bankruptcy -- One Of The Greatest
It was at this time that the county began tossing around the idea of filing for Chapter 9 bankruptcy. The state's pension system had considered purchasing the county's debt – genius, I know – but only on the condition that the county prepared a
Updated: 10/23/2011 08:38A
Achievements: Firm raises money for juvenile diabetes
MONTCLAIR — Bankruptcy administration specialists Logan & Co. hosted the Megan's Marchers Golf Invitational at Montclair Country Club on Sept. 26 and raised more than $40000 to support the Juvenile Diabetes Research Foundation at the inaugural event.
Updated: 10/23/2011 07:13A
VEBA cuts health care costs for retirees
A groundbreaking arrangement that will use a special trust to tap federal premium subsidies will help thousands of retirees from auto parts manufacturers. NEW YORK—Thousands of retirees from auto parts manufacturers that abandoned their pension plans
Updated: 10/23/2011 07:03A
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