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Prime Healthcare to manage hospital over Harris' objection
When Attorney General Kamala Harris' office denied the sale of Victor Valley Community Hospital to Prime Healthcare Services' nonprofit arm in September, it seemed like a closed case. However, the hospital's board continued talks with Prime,
Updated: 11/02/2011 04:11A
The Los Angeles Dodgers Are for Sale
Major League Baseball announced the deal late last night, ending a bitter dispute that sent the team into bankruptcy and caused loyal fans to revolt. According to the Los Angeles Times, the sale will supervised by the bankruptcy court and will include
Updated: 11/02/2011 04:10A
Document destruction results in sanctions
By Tim O'Reiley Destroying documents that might have proved important regarding the financial demise of the energy drink marketer Xyience has prompted a US Bankruptcy Court judge to sanction an executive and two nongaming entities tied to Las Vegas'
Updated: 11/02/2011 04:08A
Referendum could leave Greece bankrupt
LUXEMBOURG - Greece could face bankruptcy if the population ends up voting against the European Union's latest financial aid package in a referendum, the chairman of the Eurogroup countries said on Tuesday. Expressing concern at Prime
Updated: 11/02/2011 04:05A
Beacon Power bankrupt
Stirling Energy Systems has filed for Chapter 7 bankruptcy as the stirling dish technology could not compete against the falling costs of solar photovoltaics (PV), according to media reports. US solar photovoltaic (PV) copper indium gallium selenide
Updated: 11/02/2011 03:59A
HPI back in business
After bankruptcy in September 2011, HPI Electronics will begin full time production again in Korsor, Denmark. Many of its former 75 employees are expected to be reinstated said the company. Private equity fund Nordica Capital Partners is taking over
Updated: 11/02/2011 03:49A
MF Global leaves clients scrambling
At the US Bankruptcy Court in Manhattan, MF Global's lead attorney, Ken Ziman, said all of the funds in the company's broker dealer are accounted for. To management's best knowledge, “there are no shortfalls” in brokerage accounts, said Ziman, of law
Updated: 11/02/2011 03:49A
Dodgers, MLB agree to sale
The announcement came as the Dodgers and MLB were headed toward a showdown in US Bankruptcy Court in Delaware at the end of the month as mediation between both sides was ongoing. McCourt and baseball Commissioner Bud Selig have traded barbs since MLB
Updated: 11/02/2011 03:47A
He's selling? Get outta town
After eight seasons that featured four playoff appearances, one divorce, one bankruptcy, and an alleged $189 million siphoned from the team for personal use, McCourt has agreed with Major League Baseball to seek approval from US Bankruptcy Court for an
Updated: 11/02/2011 03:42A
Dodgers owner, MLB agree to process to sell team
The announcement came as the Dodgers and MLB were headed toward a showdown in US Bankruptcy Court in Delaware at the end of the month as mediation between both sides was ongoing. McCourt and baseball Commissioner Bud Selig have traded barbs since MLB
Updated: 11/02/2011 03:41A
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