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Harrisburg bankruptcy casts shadow to California
The announcement that Pennsylvania's capital city, Harrisburg, has filed for bankruptcy protection has sent shockwaves throughout the nation's financial community. That was followed by Pennsylvania Gov. Tom Corbett signing legislation last week
Updated: 10/26/2011 01:59P

Key Dodgers bankruptcy hearings postponed
The sides were scheduled to appear in bankruptcy court starting Oct. 31 with a judge ruling on competing motions for four days. US Bankruptcy Judge Kevin Gross issued an order Wednesday saying that those hearings will now take place from Nov.
Updated: 10/26/2011 01:57P

Could Dodgers bankruptcy delay lead to settlement?
By postponing the Dodgers' bankruptcy trial, US Bankruptcy Judge Kevin Gross effectively has provided another month for Dodgers owner Frank McCourt and Commissioner Bud Selig to reach a settlement. Gross issued his postponement order on Wednesday,
Updated: 10/26/2011 01:49P

Evergreen facility on auction block
As Evergreen Solar's Midland plant goes on the bankruptcy auction block, a local economic development official hopes the facility can be put to use again in a new way. The company announced in 2008 that it would build a $55 million high-temperature
Updated: 10/26/2011 01:48P

With $160 billion support, Lehman sees bankruptcy end
PK) said its reorganization plan has the backing of creditors who hold more than $160 billion of claims, and believes it has won enough support to end its record bankruptcy. According to a court filing, Lehman has locked up nine new, major settlement
Updated: 10/26/2011 01:44P

With $160 bln support, Lehman sees bankruptcy end
Lehman Brothers Holdings Inc said its reorganization plan has the backing of creditors who hold more than $160 billion of claims, and believes it has won enough support to end its record bankruptcy. According to a court filing, Lehman has locked up
Updated: 10/26/2011 01:42P

Dodgers hearings postponed
The sides were scheduled to appear in bankruptcy court starting Oct. 31 with a judge ruling on competing motions for four days. US Bankruptcy Judge Kevin Gross issued an order Wednesday saying that those hearings will now take place from Nov.
Updated: 10/26/2011 01:39P

Lehman nearer bankruptcy exit; creditors sign on as support grows
NEW YORK ? Lehman Brothers Holdings Inc. is moving closer to emerging from its record bankruptcy, and that its Chapter 11 reorganization is now backed by creditors who hold more than $160 billion of claims. Lehman said it locked up nine new major
Updated: 10/26/2011 01:36P

Electrical Firm Behind 9/11 'Tribute' Seeks Bankruptcy Protection
Michael Mazzeo Electric, now seeking bankruptcy protection, has wired the electricity for the annual 'Tribute in Light.' The electrical company that wired the annual illuminated memorial to the Twin Towers has filed for Chapter 11
Updated: 10/26/2011 01:27P

Supreme Court clarifies the anti-deprivation rule
The Supreme Court has recently provided clarification on the limits of the anti-deprivation rule in insolvency law, in Belmont Park Investments Pty Ltd v BNY Corporate Trustee Services Ltd [2011] UKSC 38. The anti-deprivation rule permits the Court to
Updated: 10/26/2011 01:26P

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