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Declaring bankruptcy in the attention economy
Just when you think there couldn't possibly be any more information coming at you on the social web (and I am using the term “information” very loosely), another source pops up.
Updated: 10/28/2011 06:13P
White House orders loan review to avoid more Solyndras
The Justice Department and congressional Republicans have been investigating the loan since the company filed for bankruptcy. At the request of Republican-controlled congressional committees, the White House has turned over thousands of emails,
Updated: 10/28/2011 06:11P
Blockbuster Canada short $3.7M 0
Court documents show after selling off all of its assets -- including movies, games, furniture and real estate -- in order to pay off secured creditors, Blockbuster Canada has no money leftover to pay unsecured creditors. In fact, it owes approximately
Updated: 10/28/2011 06:07P
Judge dismisses Trinitas claim against county
The Mayhew's said they were present during a court proceeding in Sacramento Thursday when US Bankruptcy Court Judge Ronald H. Sargis announced his ruling in the Nemee vs. County of Calaveras Declaratory Relief and Equitable Estoppel trial,
Updated: 10/28/2011 06:06P
Crystal Cathedral endorses offer to end bankruptcy crisis
Crystal Cathedral officials have endorsed an offer from a nearby California university to purchase the glass-walled megachurch and end its bankruptcy crisis. Despite their decision, church leaders say they are still hoping for a miracle that will
Updated: 10/28/2011 05:46P
New Howrey Trustee Says Firm's Bankruptcy Will Get Litigious
Eventually, Diamond says, the bankruptcy will get litigious, with lawsuits likely to be brought against former clients that won't pay their bills, as well against former partners in so-called Jewel v. Boxer claims that allow a bankrupt law firm with a
Updated: 10/28/2011 05:40P
Former Rothstein general counsel Boden sued by trustee
The bankruptcy trustee charged with Scott Rothstein's defunct law firm has filed a suit against former Rothstein Rosenfeldt & Adler General Counsel David Boden. The suit seeks $37.8 million in damages, claiming that Boden knew about his boss's Ponzi
Updated: 10/28/2011 05:36P
Fiat Stock Plan May Signal Chrysler Merger
MILAN—Two years after helping guide Chrysler Group LLC through bankruptcy, Fiat SpA is laying the ground work for a full merger with the auto maker by 2014. Fiat said it planned to convert its special shares into ordinary ones,
Updated: 10/28/2011 05:31P
10-Q: GREAT ATLANTIC & PACIFIC TEA CO INC
On December 12, 2010, our Company and all of our US subsidiaries (the "Debtors") filed voluntary petitions for relief (the "Bankruptcy Filing") under chapter 11 of title 11 of the United States Bankruptcy Code (the "Bankruptcy Code") in the United
Updated: 10/28/2011 05:26P
Company overseeing Inspirada gets OK to emerge from bankruptcy
By Tim O'Reiley The company overseeing the massive Inspirada development in Henderson was given the court go-ahead on Thursday to emerge from Chapter 11 bankruptcy proceedings. Under the terms, seven of the eight builders who were involved with the
Updated: 10/28/2011 05:25P
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