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Andronico's sale to Renovo nears even as grocer decides to close a Berkeley store
The market chain filed for bankruptcy in August. "Andronico's University Avenue store is probably one of their weakest stores," said Robert Reynolds, principal analyst with Moraga-based Reynolds Economics, which tracks retail trends.
Updated: 10/25/2011 07:01P
MLB: McCourt 'looted' $190 mln from LA Dodgers
The Dodgers filed for bankruptcy in June after the league's commissioner, Bud Selig, rejected the team's proposed deal to sell its broadcast rights to generate desperately needed cash. The Dodgers plan to get out of Chapter 11 by striking a new deal to
Updated: 10/25/2011 06:50P
Stow case fodder for both sides in Dodgers vs. MLB
AP The headlines in the Dodgers' bankruptcy case today have focused on a number: $189.16 million. That's the amount Major League Baseball says Dodgers owner Frank McCourt “looted” from his team, according to a report in the Los Angeles Times.
Updated: 10/25/2011 06:26P
Abolishing Student Loan Debt And Other #OccupyWallSt Demands
The radical direct action variation of this is for people to stage a debt revolt and simply stop paying their student loans. Advantage: Unlike with a mortgage or auto loan, they can't repossess your brain. Disadvantage: You will never have credit again
Updated: 10/25/2011 06:23P
McCourt Accused of Stealing: MLB Commissioner Looking To Kick Dodger's Owner Out
The Delaware bankruptcy court documents filed against McCourt on Monday, according to USA Today. The documents stated that the Dodgers owner was in violation of Major League Baseball rules, with misappropriation of team funds.
Updated: 10/25/2011 06:11P
Best Western hotel owner files Chapter 11
The owner of the Best Western Windsor Pointe Hotel & Suites on Rittiman Road has filed for bankruptcy protection. Alamo City Lodging Group Inc.'s Chapter 11 petition, filed Friday, listed assets and liabilities each in the range of $1
Updated: 10/25/2011 06:07P
LA owner accused of looting
AP 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 yesterday.
Updated: 10/25/2011 05:58P
Harrisburg mayor tells city council to bring plan ammendments to meeting
Harrisburg Mayor Linda Thompson responds to City Council's vote in favor of Chapter 9 municipal bankruptcy protection Wednesday, Oct. 12, 2011. JOHN C. WHITEHEAD/The Patriot-News The meeting is required by language included the state's city takeover
Updated: 10/25/2011 05:50P
Body Armor Co. Settles Defective Vest Claims For $1M
Point Blank Solutions Inc. will pay the settlement out of proceeds from its proposed bankruptcy sale. The company admits no fault or liability. Point Blank, formerly known as DHB Industries Inc., filed for bankruptcy in April 2010 while the company's
Updated: 10/25/2011 05:42P
UI researcher analyzes who ends up 'housebroke'
While the monthly payment on the equity loan might only run $200, unexpected expenses like medical bills could throw things off. A couple of missed payments balloon because of late fees and interest charges, and before they know it, the retirees are in
Updated: 10/25/2011 05:42P