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SBA government students attend annual event
Dr. Mary McDonald and Judge Jennie D. Latta of the US Bankruptcy Court for the Western District of Tennessee. (Judge Latta's daughter, Judy, is a sophomore at SBA.) Attending were (front row, from left) Brandon Jenkins, Marc Cabe, Matt Groendyke,
Updated: 10/28/2011 02:58P
Big Las Vegas project cleared to exit bankruptcy
Oct 28 (Reuters) - A federal bankruptcy judge has cleared the way for the developer of Inspirada, a nearly 2000-acre housing community near Las Vegas, to emerge from Chapter 11 protection under the control of several big US homebuilders.
Updated: 10/28/2011 02:53P
Allegany Co. Commissioners: Luke mill secure
“There's been no negative impact on the mill” as a result of the bankruptcy filing, Diaz told the county commissioners. According to Diaz, the mill supports 8000 jobs directly or indirectly in the region. In a reflection of the facility's importance
Updated: 10/28/2011 02:50P
Dodd-Frank's uphill climb off Capitol Hill
The fix would not be to Dodd-Frank itself, but to bankruptcy law: Derivatives counterparties, Skeel says, should lose their exclusion from an automatic stay that prevents other creditors from enforcing contracts and seizing collateral.
Updated: 10/28/2011 02:45P
Democrats Mulling New Housing Bailout Plan
Some Democrats want underwater homeowners to declare bankruptcy so they can stop making interest payments on their loans for five years and maybe qualify for rescue help, that sort of thing. Critics are arguing that the plan is not fair and that people
Updated: 10/28/2011 02:40P
Euro-Style Dinner Planning, Details to Follow
That's not a bankruptcy. Bankruptcy would trigger a credit event and alarm my other creditors. Whatever happens we do not want to call debt forgiveness a bankruptcy. So there it is: we have a plan. We have a dinner scheduled for who knows when,
Updated: 10/28/2011 02:13P
Harrisburg Bond Insurer Ambac Files Court Objection to City's Bankruptcy
The company repeated legal arguments already made by Harrisburg's mayor and the state claiming the bankruptcy wasn't authorized by local or Pennsylvania law. The bankruptcy petition filed by a majority of the city council, and opposed by the mayor,
Updated: 10/28/2011 02:12P
Pilgrim's Pride Reports Loss On High Feed Costs
Other processors have suffered as well with at least four filing for bankruptcy in the last 10 months. Pilgrim's itself emerged from bankruptcy protection at the end of 2009. Although a supply pullback across the chicken industry is widely expected,
Updated: 10/28/2011 02:11P
Nevada's 'Inspirada' Project Cleared for Chapter 11 Exit
A Nevada bankruptcy judge approved the Chapter 11 exit plan for a failed Las Vegas real-estate development dubbed Inspirada that calls for a group of home builders to pay the project's lenders $335 million to settle legal trouble
Updated: 10/28/2011 02:11P
SAN JACINTO: City's first sit-down restaurant closes
The Acapulco Mexican restaurant closed earlier this week, leaving the rustic wood Farmer's Corner shopping center at San Jacinto and Menlo avenues without an anchor tenant. The closure is blamed on an “underperforming” property, not the bankruptcy
Updated: 10/28/2011 01:55P
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