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Ambac Financial Seeks More Time to Control Its Bankruptcy
Oct. 24 (Bloomberg) -- Ambac Financial Group Inc. asked for more time to control its reorganization in bankruptcy, as a financial adviser said the company has enough money to meet its obligations for at least five years.
Updated: 10/24/2011 06:25P
Amish man wants no-contest plea in Ohio fraud case
The issue also emerged earlier in a bankruptcy filing involving Beachy's company. Ingram said he expects the government to oppose a no-contest plea. At that point, Ingram said he would ask the judge to accept a not guilty plea.
Updated: 10/24/2011 06:19P
Idea of a debt Jubilee takes shape, gains a little steam
Of course, another way to eliminate some of our odious debt would be to amend our bankruptcy law so that families who are bankrupt could actually declare bankruptcy, as Karina Frayter reports for CNBC: “Bankruptcy Law Change Could Help Consumers
Updated: 10/24/2011 06:18P
BC-US--Amish Bankruptcy,128
Amish wants no-contest plea in Ohio fraud case By THOMAS J. SHEERAN Associated Press But the attorney for 77-year-old Monroe L. Beachy, owner of A&M interest. Amish traditionally avoid involvement in the court Defense attorney J. Gerald Ingram expects
Updated: 10/24/2011 06:18P
Amish wants no-contest plea in Ohio fraud case
The issue also emerged earlier in a bankruptcy filing involving Beachy's company. Ingram said he expects the government to oppose a no-contest plea. At that point, Ingram said he would ask the judge to accept a not guilty plea.
Updated: 10/24/2011 06:18P
Carl Weschcke with author John Michael Greer
The company has weathered the Great Recession despite losing $500000 in the Borders bankruptcy, Weschcke said. He credited stringent controls put in place by his wife, and company president, Sandra Weschcke, for keeping the company profitable despite
Updated: 10/24/2011 06:16P
Ambac Financial Seeks More Time From Court to Control Its Bankruptcy Case
Ambac Financial Group Inc. (ABKFQ) asked for more time to control its reorganization in bankruptcy, as a financial adviser said the company has enough money to meet its obligations for at least five years.
Updated: 10/24/2011 06:02P
Goldman Units Sued in Loan-Restructuring Case
Capmark, which emerged from Chapter 11 bankruptcy protection earlier this month, alleges that Goldman Sachs gained an advantage over other creditors through the creation of a $1.5 billion secured credit facility in May 2009, according to the lawsuit.
Updated: 10/24/2011 06:02P
Pennsylvania declares fiscal emergency in Harrisburg
The city, which has more than $300 million in debt linked to a revamp of its incinerator, declared bankruptcy earlier this month. Last week, Corbett, who opposed the bankruptcy filing, approved a bill that creates a framework for a state takeover of
Updated: 10/24/2011 06:01P
Diamond Resorts International® Announces Offer to Purchase Assets of Pacific
To effect the transaction, Pacific Monarch and certain of its subsidiaries have filed for chapter 11 bankruptcy protection in the US Bankruptcy Court for the Central District of California. The acquisition is subject to the approval of the US
Updated: 10/24/2011 05:59P
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