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LLC, Pacific Ethanol Madera LLC, Pacific Ethanol Columbia, LLC, Pa cific Ethanol Stockton, LLC and Pacific Ethanol Magic Valley, LLC, each commenced a case by filing voluntary petitions for relief under the Bankruptcy Code in the United States
Updated: 10/28/2011 10:39A
Chrysler's Marchionne: 'The numbers speak for themselves'
Chrysler Group LLC's performance in the third quarter shows the company is making good on the promises it made when it emerged from bankruptcy in 2009, according to CEO Sergio Marchionne. "There were a lot of skeptics," he told analysts and reporters
Updated: 10/28/2011 10:29A
Saab, Hewlett Packard: Deals to Watch
Long-struggling Saab Automobile will likely be sold for a second time in two years to ward off a crippling bankruptcy and resume its car making business. The company said in a press release that its entered into a sale 'memorandum of understanding'
Updated: 10/28/2011 10:29A
Saab Auto to Be Sold to Chinese to Stave Off Bankruptcy
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 Automobile Trade Co.
Updated: 10/28/2011 10:23A
Royal recycler Sarah shows thrilling and thrifty go together
Faced with recent financial troubles, the Duchess of York vowed to get the situation back under her control, saying she was "doing everything she can" to avoid bankruptcy. And recently, the flame haired former royal has also been applying that motto to
Updated: 10/28/2011 10:22A
The Daily Docket: Innkeepers Exits Bankruptcy
Innkeepers USA Trust on Thursday said it has closed its $1.02 billion sale of 64 hotels to Cerberus Capital Management LP, the last step in the hotelier's emergence from Chapter 11 bankruptcy. Read the Daily Bankruptcy Review article
Updated: 10/28/2011 10:14A
Ponzi schemer Rothstein's general counsel sued for $37.8 million
latest money news » From The Post and AP By Jon Burstein Scott Rothstein's Ponzi scheme was almost exposed eight months before it spectacularly imploded in October 2009, according to a $37.8 million lawsuit filed Thursday against the general counsel of
Updated: 10/28/2011 10:12A
Saab is saved from bankruptcy
The Swedish authorities who have been administering Saab's bankruptcy protection must have been convinced that such a sum is available. Otherwise, within days, the administrators would have pulled the plug, pushing Saab into terminal bankruptcy.
Updated: 10/28/2011 10:05A
Secondary insolvency proceedings: considerations for debtors and creditors
A special priority arises in relation to a loan secured by the use of real estate, a registered vessel or aircraft or a motor vehicle mortgage. A creditor holding such collateral has the right to receive its payment, paid out of the value of the pledge
Updated: 10/28/2011 10:03A
CNBC'S PRIME TIME PROGRAMMING FOR THE WEEKEND OF NOVEMBER 19TH & 20TH
INTO BANKRUPTCY 11:00 PM AMERICAN GREED 16 - ROBBING THE HOLLYWOOD A LIST | SOAKING THE RICH AUCTION 12:00 AM THE SUZE ORMAN SHOW 1:00 AM TIL DEBT DO US PART #97: A LIFE OF CONVENIENCE 1:30 AM TIL DEBT DO US PART #98: BUYING INTO BANKRUPTCY Sunday,
Updated: 10/28/2011 10:02A