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FOX Carolina 21Judge plans to approve Philly Orchestra labor deal
Entertainment News from AP PHILADELPHIA (AP) - A federal bankruptcy judge says he plans to approve a new collective bargaining agreement between the financially troubled Philadelphia Orchestra and its musicians union. The four-year contract was
Updated: 10/27/2011 03:20P
Judge plans to approve Philly Orchestra labor deal
As part of a technology change, commenting will not be available on some articles for a number of months. Read more about the change here. The Associated Press PHILADELPHIA — A federal bankruptcy judge says he plans to approve a new collective
Updated: 10/27/2011 03:18P
Madoff Family May Keep $82 Million Under Mets Ruling Limit
"It puts the amount of money at risk front-and-center, and it explains how easy it would be for people to hide behind fake securities transactions to circumvent bankruptcy law." Ruth Madoff, the con man's wife, told CBS News she and Bernard were so
Updated: 10/27/2011 02:51P
Crystal Cathedral to Be Used as College Campus
A Christian megachurch in California will become part of a college campus as part of a bankruptcy deal. The Crystal Cathedral's board of directors has accepted Chapman University's offer to purchase the
Updated: 10/27/2011 02:50P
NEW – Altoona may seek 'distressed' municipal status
ALTOONA — Officials in the city of Altoona may seek help under a state program for financially distressed municipalities rather than risk filing for bankruptcy like Harrisburg. Johnstown has been considered a distressed city since 1992.
Updated: 10/27/2011 02:45P
Virtual courses make professors brokers of learning
The course was split into two separate courses — debtor-creditor law the first half of the summer; bankruptcy the second half. As each class began, Nickles looked at the students' faces. He could see each and every one. He could hear each distinct
Updated: 10/27/2011 02:43P
House Democrats Jump on Possibly Positive Comments from FHFA on Principal Pay
The head of the Federal Housing Finance Agency (FHFA), which oversees the mortgage-financing companies, met with 19 Democrats and discussed a proposal that would allow bankruptcy judges to reduce principal amounts on loans [.
Updated: 10/27/2011 02:42P
Altoona may seek 'distressed' municipal status
(AP) - Officials in the western Pennsylvania city of Altoona may seek help under a state program for financially distressed municipalities rather than risk filing for bankruptcy like Harrisburg. The Altoona Mirror (http://bit.ly/rQryOF ) reports the
Updated: 10/27/2011 02:40P
Innkeepers Exits Bankruptcy after Hotels Sale
By Medical Daily Reporter Innkeepers USA Trust sad Thursday it had emerged from Chapter 11 bankruptcy, a move which comes after the sale of dozens of its hotels. "This is a great accomplishment," said Innkeepers' Chief Restructuring Officer Marc A.
Updated: 10/27/2011 02:39P
Innkeepers Emerges from Chapter 11
of 64 Innkeepers' hotels to a joint venture between the private equity firm Cerberus Capital Management, LP and the real estate investment trust Chatham Lodging that was approved by the US Bankruptcy Court, Southern District of New York last week.
Updated: 10/27/2011 02:33P