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With the latest in Harrisburg, City Council and the Mayor failed to pass a
They also feel there was not enough shared pain, so they filed for bankruptcy. But Mayor Thompson, who wants to avoid bankruptcy because she says it's too expensive and highly uncertain, believes there could be another reason this is happening.
Updated: 11/14/2011 11:11P
W Hotel condo developer to exit bankruptcy [Boston Herald]
14 --Over the objections of its biggest creditor, a federal judge has ruled in favor of the Residences at W Boston's request for a Chapter 11 reorganization plan which will allow the luxury property to emerge from bankruptcy later this month.
Updated: 11/14/2011 11:09P
SAUNDERS: Occupy Fannie and Freddie
The firm filed for bankruptcy as federal regulators were looking for $600 million missing from customer accounts. Its CEO, former Democratic New Jersey Gov. Jon Corzine, had bet that European leaders would bail out smallish countries that were too big
Updated: 11/14/2011 11:04P
Harrisburg City Moves Closer to State Takeover
And the next step is to see what happens at the bankruptcy hearing on November 23rd, which they believe is the best plan for the city. Ardo took exception to the Mayor blaming the impasse on the majority of City Council. "Well she can't blame (former)
Updated: 11/14/2011 11:03P
Hawaii Medical Center secures new lender
It continues to be business as usual for Hawaii Medical Center who now has secured a new lender. "Obviously we are happy that we have a new company that is going to provide our funding while we continue to look for that new buyer because that is what
Updated: 11/14/2011 10:58P
Gabby Giffords speaks in halting phrases during first TV interview
The club filed for bankruptcy protection earlier this year and McCourt recently reached an agreement with Major League Baseball for a court-supervised sale of the team and its media rights. McCourt said he doesn't regret agreeing to sell the team and
Updated: 11/14/2011 10:56P
Hawaii Medical Center Gets New Lender, More Time
HMC's attorneys told the Bankruptcy Court on Monday morning that a transfer agreement was filed for Prime Healthcare Services Los Angeles to replace MidCap Financial as HMC's new secured lender. The transfer buys HMC more time to search for a buyer.
Updated: 11/14/2011 10:55P
Alabama lawmaker explains how JeffCo's filing bankruptcy will impact state
Filing chapter nine bankruptcy, it's been the talk of Jefferson County and eventually somebody or some entity has to pay. Jefferson County resident David Russell said, “The rate increase that they're planning on the people is just not right.
Updated: 11/14/2011 10:47P
Kemp and Dodgers close to a deal
The Los Angeles Dodgers agreed to be sold in bankruptcy court November 2, ending their long-running battle with Major League Baseball. Compton, Calif. - Matt Kemp and the Los Angeles Dodgers are close to completing a long-term contract.
Updated: 11/14/2011 10:41P
Schuller's Ex-Megachurch in Bankruptcy Bidding War
A federal bankruptcy court hearing aimed at settling the future of the financially ailing Crystal Cathedral turned into a bidding match Monday with a university and the Roman Catholic Diocese of Orange competing to buy the church's sprawling grounds.
Updated: 11/14/2011 10:38P
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