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Judge rejects Tribune plan to exit bankruptcy
Carey, however, said he was bound by bankruptcy law that essentially allowed the supporters of the company plan to torpedo the noteholder plan and vice versa, making both plans unconfirmable. Carey also found other flaws with both plans.
Updated: 11/02/2011 01:36A
Solar panel maker Solyndra set to sell assets in online auction
Solyndra, which received a US$528 million federal loan guarantee and was touted by US President Barack Obama as an example of his emphasis on “green jobs,” filed for bankruptcy in September and laid off 1000 workers. The company has become a focus for
Updated: 11/02/2011 01:36A
BC-BBN--Dodgers Bankruptcy, BBN
AP LOS ANGELES (AP) — The Los Angeles Dodgers and Major League Baseball have agreed on a process to sell the team. In a joint statement released late Tuesday, both sides say they have agreed "to a court supervised process to sell the team.
Updated: 11/02/2011 01:35A
Inside MF Global's books
Although the size of the wager has received a great deal of scrutiny, the accounting and the disclosure surrounding it have not–and may have played a role in the firm's demise. In the 24 hours since the filing, more ugly questions have piled up,
Updated: 11/02/2011 01:22A
Baucus can and must cut more in supercommittee
Max Baucus is now proposing reductions of $1.5 trillion in spending and increases of $1.5 trillion in taxes over 10 years, for a total deficit reduction of $3.0 trillion over the next decade. The United States is nearing bankruptcy!
Updated: 11/02/2011 01:21A
LA Dodgers, MLB agree to sell the team
The Dodgers filed for bankruptcy in June after the league's commissioner, Bud Selig, rejected the team's proposed deal to sell its broadcast rights to generate desperately needed cash. The Dodgers had planned to exit Chapter 11 by striking a new deal
Updated: 11/02/2011 01:20A
Frank McCourt agrees to sell Dodgers
The owner and Major League Baseball will ask the Bankruptcy Court to approve an auction of the team after a season that began with a fan nearly beaten to death and saw the stadium half-empty during games. Dodgers owner Frank McCourt (Allen J. Schaben
Updated: 11/02/2011 01:13A
Dodgers Owner Frank McCourt Agrees to Sell Team
The LA Times has reported: McCourt and Major League Baseball have agreed to seek approval from the US Bankruptcy Court for an auction of the Dodgers. The sale is expected to include the team, Dodger Stadium and the surrounding parking lots,
Updated: 11/02/2011 01:11A
Thompson & Knight | T&K Attorney Named a Fellow of the American College of
She also currently serves as a Maine Law Foundation Professor of Law at the University of Maine School of Law in Portland, Maine, where she teaches bankruptcy law, secured transactions, legal ethics, and mediation and negotiation.
Updated: 11/02/2011 01:10A
Republicans criticize Corzine and Obama
Jon Corzine's woes, issuing a news release about a presidential fund-raiser earlier this year as his investment firm filed bankruptcy. Corzine helped raise $2 million for President Obama and the Democratic Party at a private 60-person event in his
Updated: 11/02/2011 01:09A