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State prepares in case HMC hospitals close
The state is preparing for a possible closure of the Hawaii Medical Centers after its main lender, St. Francis Healthcare System of Hawaii, abandoned a bankruptcy reorganization plan that would have returned the facilities to the Catholic religious
Updated: 10/28/2011 07:43A
Punishment without crime
Entrepreneurs who, through no fault of their own, built up debt throughout the boom years, need to be shown a route away from financial captivity. Rnn Duffy asks how we can best recraft our outdated laws. The publication of the Keane report into the
Updated: 10/28/2011 07:39A
Shipping companies' Chapter 11 reorganization proceedings: jurisdictional battles
In recent months, US bankruptcy filings – such as Omega Navigation (filed July 8 in Houston) and Marco Polo Seatrade (filed July 29 in New York) – have caught the attention of the worldwide shipping community. It is no surprise that some shipping
Updated: 10/28/2011 07:38A
Wall Street Breakfast: Must-Know News
In addition, Whitman is splitting her duties with Chairman Ray Lane, who will focus on software and technology services while she takes charge of computer hardware and corporate functions. Margaret Thatcher once said, "U-turn if you want to,
Updated: 10/28/2011 07:31A
Saab Automobile to Be Sold to Chinese to Stave Off Bankruptcy
By Bloomberg News Oct. 28 (Bloomberg) -- Saab Automobile will likely change owners for the second time in as many years as the Swedish automaker seeks to restart production and stave off bankruptcy. Zhejiang Youngman Lotus Automobile Co. and Pang Da
Updated: 10/28/2011 07:28A
Morning Business Report
Where Bank of America goes, others do not follow. The bank's decision to charge customers $5 a month for using their debit cards to make purchases was widely criticized. Now, after months of consumer testing, JP Morgan Chase has decided not to follow B
Updated: 10/28/2011 07:25A
Banking on a turnaround
A stalled real estate development in Midlothian has an ambitious plan to get out of bankruptcy and pay its creditors every cent owed. In a plan submitted to the bankruptcy court, the developers of Roseland said it would repay its lenders 100 percent of
Updated: 10/28/2011 07:18A
Obama administration pushes for solar energy in Western states, identifying 17
The Obama administration has identified 17 sites in six Western states as prime candidates for solar energy projects on public lands, continuing a push for solar power despite the high-profile bankruptcy of a sola- panel maker that received a
Updated: 10/28/2011 07:16A
In Their Own Words: Meet City Council Candidate D.J. Wilson
Have you or a business you owned (or had principal interest in) ever filed bankruptcy? As an adult, have you been convicted or charged with a crime other than a minor traffic violation? What is the primary reason you are running for
Updated: 10/28/2011 07:16A
Goldman, Citigroup, Madoff, JPMorgan, MERS in Court News
Citigroup Global Markets Inc., 11-cv-7387, US District Court, Southern District of New York (Manhattan). Bernard L. Madoff's family would keep about $82 million of “other investors' money” under a ruling that limited a bankruptcy trustee to claiming
Updated: 10/28/2011 07:12A
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