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Point Blank settles with DOJ for $1 million - court filing
The settlement, which Point Blank submitted to bankruptcy court for approval, will allow its proposed sale in bankruptcy court to private equity firm Gores Group to move forward, according to the documents. The company was one of a handful that made
Updated: 10/25/2011 11:39A
Officials note E China economic powerhouse's resilience in debt crisis
HANGZHOU, Oct. 25 (Xinhua) -- Senior provincial officials and business leaders have allayed public worries about the health of east China's economic powerhouse after a number of private enterprises were pushed to the verge of bankruptcy when bosses
Updated: 10/25/2011 11:38A
Fans have role in Dodgers bankruptcy
By REUTERS The Los Angeles Dodgers agreed to a role for season ticket holders in the baseball team's bankruptcy, which the team said it will take longer to resolve than once thought. The Dodgers have been in bankruptcy since June and are waging a
Updated: 10/25/2011 11:35A
Frank McCourt took $190 million from Dodgers, MLB says
Security issues at the stadium are considered relevant in the current bankruptcy proceedings. Major League Baseball has filed documents in bankruptcy court saying that the Dodgers are in bankruptcy because owner Frank McCourt broke league rules and
Updated: 10/25/2011 11:34A
Dodgers owner Frank McCourt funneled $190 million from team for non-baseball
By AP Kevork Djansezian/GettyDodgers owner Frank McCourt has funneled $190 million from the team for non-baseball use, bankruptcy court documents allege. LOS ANGELES -- Dodgers owner Frank McCourt looted nearly $190 million from the Los Angeles team,
Updated: 10/25/2011 11:32A
MLB: Frank McCourt looted $190M from Dodgers
"The Dodgers are in bankruptcy because McCourt has taken almost $190 million out of the club and has completely alienated the Dodgers' fan base," the league said. 54% off! 3 Car Washes for $19.00 from Blessings Car Wash THE ASSOCIATED PRESS LOS
Updated: 10/25/2011 11:31A
Credit bidding in chapter 11 – where we are now
At issue in both Pacific Lumber and Philadelphia Newspapers was the interpretation of section 1129(b)(2)(A) of the Bankruptcy Code. Section 1129(b)(2)(A) establishes standards for determining whether a chapter 11 plan meets the confirmation requirement
Updated: 10/25/2011 11:22A
Frank McCourt looted $190M from Los Angeles Dodgers, Major League Baseball says
By AP LOS ANGELES — Dodgers owner Frank McCourt looted nearly $190 million from the Los Angeles team, using the money for non-baseball use in violation of Major League Baseball rules, according to Delaware bankruptcy court documents filed on Monday.
Updated: 10/25/2011 11:19A
Bankruptcy: Declaring yourself bankrupt
We investigate what it means to declare yourself bankrupt in the UK and how you can start the filing for bankruptcy process. If you have personal debts which you are unable to pay, you can solve the problem by declaring yourself bankrupt,
Updated: 10/25/2011 11:18A
Court Says ATVs Not Protected Under Bankruptcy Law
According to the Billings Gazette, a federal bankruptcy judge recently asked Montana's highest court to determine whether ATVs qualified as “sporting goods” or “motor vehicles.” This distinction is important because, under Montana bankruptcy law,
Updated: 10/25/2011 11:17A
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