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Lehman Creditors Holding $160 Billion in Claims Back Plan
Lehman, which filed the biggest bankruptcy in US history in September 2008, has been gathering support for a $65 billion liquidation plan to pay what Chief Executive Officer Bryan Marsal estimates are about $320 billion in claims.
Updated: 10/26/2011 10:59A
Dodgers Bankruptcy: Season Ticket Holders Get A Voice In Court Proceedings
Season ticket holders on Tuesday were given an official voice in the Los Angeles Dodgers bankruptcy case, winning two seats on the team's creditors committee. The US trustee for Delaware's bankruptcy court agreed to appoint two representatives of the
Updated: 10/26/2011 10:56A
San Diego Unified School District Discusses Risk of Bankruptcy
So to help the board and the public realize the financial situation facing the district, Bennett walked through the steps of bankruptcy. According to our partners at voiceofsandiego, the County Board of Education would step in first to help the
Updated: 10/26/2011 10:56A
The Record: Letters, Oct. 26, 2011
In effect, the federal government is subsidizing "real estate operators'' who prey on the very people who need help the most. This is not the way that American democracy is supposed to work — and why American democracy is not working.
Updated: 10/26/2011 10:55A
Retaining 1970s Credit Limits Would Have Reduced Bankruptcies by 25 Percent
Newswise — A University of Iowa study suggests that one-quarter of households that filed for bankruptcy in 2007 would not have been in that situation if the credit regulations of the 1970s had remained in place. Sociology Professor Kevin Leicht
Updated: 10/26/2011 10:50A
H&H Bagels Final Plant Now Faces Eviction
Four months after the famed H&H Bagels storefront closed down on the Upper West Side, eight months after it filed for bankruptcy, and a year and a half after the bagel company's owner was convicted of tax evasion, the Wall Street Journal reports that
Updated: 10/26/2011 10:42A
Lehman Creditors Holding $160 Billion in Claims Support Liquidation Plan
Lehman, which filed the biggest bankruptcy in US history in September 2008, has been gathering support for a $65 billion liquidation plan to pay what Chief Executive Officer Bryan Marsal estimates are about $320 billion in claims.
Updated: 10/26/2011 10:42A
Gauss to pilot airBaltic
airline airBaltic's council on Oct. 21 confirmed the former head of Hungarian airline Malev, Martin Gauss, as the airline's new CEO, replacing Bertolt Flick who was ousted as part of a restructuring plan as the airline veered towards bankruptcy.
Updated: 10/26/2011 10:41A
Andronico's Markets appears to have buyer
An upscale San Francisco Bay area grocery chain appears to have found a buyer after filing for bankruptcy. The Oakland Tribune reports ( http://bit.ly/uWIo9G) that Andronico's Markets is slated to be sold by the end of the week to Renovo Capital.
Updated: 10/26/2011 10:24A
The Daily Docket: Lehman Wins Approval on SunCal Plans
A California bankruptcy judge Tuesday approved Lehman Brothers Holdings Inc.'s Chapter 11 plans for more than a dozen real-estate projects that had been caught up in the legal tug of war between the failed investment bank and land
Updated: 10/26/2011 10:20A
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