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Harrisburg closer to deal to prevent state takeover
The city council filed for bankruptcy last month. The new agreements, which also include how to then pay off any stranded debt, will be included in a consent agreement due to the commonwealth at 5 pm next Monday. Such an agreement is needed to prevent
Updated: 11/08/2011 01:07A
JPMorgan, BofA on MF Global creditors' committee
The trustee's office held a meeting earlier on Monday to appoint the committee and allow lawyers, investment bankers and other professionals to interview to represent the committee in bankruptcy. But an attorney for the trustee surprised attendees with
Updated: 11/08/2011 01:02A
1000 properties in county back-tax sale
To get out of the sale, property owners must pay taxes owed through 2009, file for bankruptcy or convince a judge to grant more time. The Nov. 10 auction, known as an upset sale, is for properties that have not yet been listed at a delinquent sale.
Updated: 11/08/2011 12:56A
Harrisburg closer to agreement that may prevent state takeover
The city council filed for bankruptcy last month. The new agreements, which also include how to then pay off any stranded debt, will be included in a consent agreement due to the commonwealth at 5 pm next Monday. Such an agreement is needed to prevent
Updated: 11/08/2011 12:46A
Alabama's Jefferson County May Vote on Bankruptcy Filing Today
8 (Bloomberg) -- The Jefferson County Commission will consider filing the nation's biggest municipal bankruptcy today, according to a resolution approved by a committee. The Alabama county's leaders also may vote to approve a settlement with holders of
Updated: 11/08/2011 12:46A
Dynegy Puts Some Units in Bankruptcy in Debt Restructuring Deal
The restructuring was challenged by bondholders, including Avenue Investments and Oaktree Capital Management. They sued in New York, accusing Dynegy of scheming to defraud creditors by removing assets from their reach. The move was intended to benefit
Updated: 11/08/2011 12:46A
Maguire group files for chapter 11
According to the newspaper, the company will honor all outstanding commitments while it goes through the federal bankruptcy protection process. Ground rules for posting comments: No profanity or personal attacks. Please comment on the subject of the
Updated: 11/08/2011 12:31A
City Staff Prepares for Hearing in SME G&T Bankruptcy Case
The remaining three members (Tongue River Electric, Fergus Electric and Mid-Yellowstone Electric) then voted to file for Chapter 11 bankruptcy protection. “We were shocked, we were surprised,” says Great Falls City Attorney James Santoro.
Updated: 11/08/2011 12:18A
About That 2007 NIE
In the least surprising announcement since Solyndra declared bankruptcy, the International Atomic Energy Agency (IAEA) is set to release a report this week confirming that the Islamic Republic of Iran has completed all of the steps required to build a
Updated: 11/08/2011 12:06A
Tuesday takes
When Maronda, which filed for reorganization bankruptcy in April, finally replied last month, the answer was tough ... toenails. Now the 170 homeowners will get stuck with the bill and there will be precious little they — or the township — will be able
Updated: 11/08/2011 12:04A
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