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Historic Andronico's Markets to Continue Under New Ownership
One of the Bay Area's best known family-owned specialty supermarkets today announced the end of its bankruptcy proceeding with the sale of its assets to an affiliate of Renovo Capital for $16 million. The sale allows the remaining Andronico's Community
Updated: 10/28/2011 12:18P
Saab escapes bankruptcy again
Saab appears to once again have narrowly avoided bankruptcy, after it said today that two Chinese companies will buy it for 100m. Beleaguered Saab appears to once again have narrowly avoided bankruptcy. It said today that two Chinese companies will
Updated: 10/28/2011 12:12P
Consolidation in California clean tech sector
The bankruptcy of solar company Solyndra, declared in August, threw investors into a panic. Concern grew over whether US companies could keep pace in clean tech innovation against China's low labour costs and government subsidies.
Updated: 10/28/2011 12:10P
Chamber leader asks for patience
The vendor had filed bankruptcy and the chamber absorbed that loss just prior to the recession. The Chamber of Commerce is a 501(c)6, not for profit organization, doesn't receive any public funding, and is current with all tax filings.
Updated: 10/28/2011 12:10P
Epiq's third-quarter revenue jumps, earnings slide
Meanwhile, fewer bankruptcy filings this year have put a dent in bankruptcy segment revenue. Earnings shrunk because of higher service and general and administrative costs, as well as a larger interest expense. Here's a summary of financial results for
Updated: 10/28/2011 12:06P
Interior Department Announces 'Solar Energy Zones' for Development in Western
The administration's push for solar energy development has been criticized by some in the wake of the bankruptcy of the California-based solar panel maker, Solyndra. The company filed for bankruptcy protection in late August and laid off 1100 employees
Updated: 10/28/2011 12:06P
Senators Call for a Review of the Revenue Sharing formula
Lawmakers have called for a review of the revenue sharing formula as the upper legislature considered the looming danger of bankruptcy in states across the federation. In a motion sponsored by Senator Olubunmi Adetunmbi, he expressed concern that many
Updated: 10/28/2011 11:59A
Mergers & Acquisitions Cheat Sheet: Saab Seeks Help to Avoid Bankruptcy
The two Chinese companies have agreed to provide Saab Automotive with the funding necessary to stave off bankruptcy and to reorganize. Brocade (NASDAQ:BRCD) is reportedly looking to be acquired, according to The Wall Street Journal.
Updated: 10/28/2011 11:54A
Venture capital: Patience is a virtue in hunt for game-changing 'green Google'
The bankruptcy of Solyndra, a California-based solar panel producer, has been the most spectacular collapse so far in the clean technology sector. Sir Richard Branson's Virgin Green Fund is one of the private investors who between
Updated: 10/28/2011 11:45A
Attention, Protestors: You're Probably Part of the 1%
A used-car dealer ultimately gave her financing on a Jaguar." No one's hardship should be belittled. Becoming unemployed or losing a home aren't just financial problems. They're social and emotional problems that strike at people's sense of being.
Updated: 10/28/2011 11:43A
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