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The Death of Print: Why Newspapers are Folding
As a result, some of the nation's largest publishers wound up filing for bankruptcy and stopped the presses for good. Share this image on your site/blog. Copy the code below. Many US newspapers have been grappling with declining circulation,
Updated: 10/25/2011 01:05P
When It Becomes Necessary To Revoke The Appointment Of An Inspector To Ensure
When A Bankruptcy Occurs, The Creditors Play A Central Role In The Administrative Control Of The Bankrupt's Estate. In This Regard, The Bankruptcy And Insolvency Act 1 (The "Bia") Provides That, At The First Meeting Of Creditors, The Creditors Must,
Updated: 10/25/2011 12:28P
BASEBALL: MLB accuses McCourt of looting $190 million from Dodgers
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 12:27P
Labour Leaders Condemn BMO's Financing of Infinity Rubber
In strongly worded letters dated October 19, both leaders condemn BMO's financial support of the rubber manufacturer, "Given this employer's history of bankruptcy and the ongoing strike, we believe BMO has taken sides in this labour dispute by helping
Updated: 10/25/2011 12:23P
Report: MLB Says McCourt Spent $190M of Dodgers Money
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 12:21P
Investor accuses Empire Towers CEO of 'Ponzi scheme'
AP VIDEO more>> David P. Clifford of Annapolis filed his complaint Oct. 17 in US Bankruptcy Court in Baltimore as part of Azar's personal bankruptcy, claiming the former head of Empire Corp. duped investors by falsely representing the profits for a
Updated: 10/25/2011 12:21P
Gaglardi sitting at Stars finish line
The parties will meet in a Delaware bankruptcy court on Nov, 23, to discuss the sale's approval, the franchise's bankruptcy plan and any opposition to the sale. The NHL Board of Governors must also provide its approval for the transaction to be
Updated: 10/25/2011 12:15P
PMI Group Taps Restructuring, Bankruptcy Experts
based PMI Group has hired three companies specializing in bankruptcy and restructuring strategies. The San Jose Mercury News reports that PMI is employing Evercore Partners - which provided support for General Motors during its corporate restructuring
Updated: 10/25/2011 12:11P
Can Picard pull off a squeeze play by using his $5.2 million lawsuit against
The Form 990-PF for the fiscal year ended June 30, 2008 of the Saul and Iris Katz Family Foundation that is posted on GuideStar reveals contributions totaling $75000 to JASA that year, the fiscal year immediately prior to the Madoff bankruptcy,
Updated: 10/25/2011 12:07P
CDO holders at risk: New Jersey Bankruptcy court declines to dismiss CDO
The United States Bankruptcy Court for the District of New Jersey, in In re Zais Investment Grade Ltd. VII,1 recently jolted the structured finance community by declining to dismiss an involuntary chapter 11 case commenced against a Cayman-based
Updated: 10/25/2011 11:41A