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Europe crafts debt deal, prevents Greek default
(AP / Geert Vanden Wijngaert) In a last-minute deal that saved Greece from the brink of bankruptcy and possibly prevented a global recession, European leaders agreed Thursday to a plan to deal with Greece's massive debt troubles.
Updated: 10/27/2011 10:51A
Searcy City Council to Discuss Public Auction of Yarnell's Plant
The company closed and filed Chapter 7 bankruptcy earlier this year, leaving 200 workers jobless and a manufacturing plant at 205 S. Spring St. in Searcy. Thursday's meeting is set for 5 pm at the Searcy City Hall Council Chambers.
Updated: 10/27/2011 10:46A
Chrysler posts $212M 3Q profit
DETROIT (AP) — Chrysler says it earned $212 million in the third quarter as car and truck sales grew 24 percent. It was the company's second profitable quarter this year, and a sign that its turnaround is taking hold after a 2009 trip through
Updated: 10/27/2011 10:43A
Dubrovnik Airline facing bankruptcy
Bad business results seem to have brought Dubrovnik Airline (DA) on the brink of bankruptcy, daily Slobodna Dalmacija writes. DA's bankruptcy proceedings could start as early as November. The company is allegedly deep in debt and owes just the
Updated: 10/27/2011 10:42A
Clock ticking as Saab extends Court update timing
A Swedish District Court hearing an application from Saab's administrator to end its bankruptcy protection status says the later the automaker leaves its formal opposition, the greater risk it runs. The Vanersborg Court was due to have received Saab's
Updated: 10/27/2011 10:34A
SWEDEN: Clock ticking as Saab extends Court information delivery
A Swedish District Court hearing an application from Saab's administrator to end its bankruptcy protection status says the later the automaker leaves its formal opposition, the greater risk it runs. The Vanersborg Court was due to have received Saab's
Updated: 10/27/2011 10:30A
Wireless Age Finalizes Settlement Agreement
Also as of January 9, 2009, Wireless Age had provided a secured loan to Newlook totaling CAD$6.2 million. The Company has recorded a special loss provision to the full extent of the loans provided by the subsidiaries to Wireless Age.
Updated: 10/27/2011 10:25A
Supremes don't email, but eat lunch together sometimes
Turns out the US Supreme Court justices don't email each other and instead rely on hand written notes delivered by law clerks. Justice Elena Kagan recently addressed the National Conference of Bankruptcy Judges in Tampa Florida and shed a little light
Updated: 10/27/2011 10:17A
Economic powerhouse's resilience
HANGZHOU -- 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 were unable to repay
Updated: 10/27/2011 10:14A
Wrightsville Two Guys Grille closes
In addition to their filing for bankruptcy on April 29, they are also co-defendants in a lawsuit by RBC Bank that alleges multiple counts of fraud. Jonathan Duea is also being sued by a cardiologist in Smithfield, NC The Two Guys Grille at Independence
Updated: 10/27/2011 10:11A
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