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Central Falls retirees to investigate pension funds
Retired police and firefighters from City of Central Falls filed papers last week seeking authority from the bankruptcy court to subpoena information from John Hancock Financial Services Inc., the bankrupt city's pension fund manager.
Updated: 11/15/2011 09:02A
Clyde Blowers Pays $136M for Moventas
Moventas filed for bankruptcy for two of its subsidiaries earlier this year, Reuters said. (Reuters) - Finnish wind turbine and industrial gear maker Moventas said UK-based private-equity firm Clyde Blowers had agreed to buy it for 100 million euros
Updated: 11/15/2011 08:55A
RUS Announces $478 Million in New Broadband Loans Expansion Projects Get Aid
As a Congressional Committee begins sniffing around oversight of broadband stimulus funding due to the Open Range bankruptcy, the Rural Utilities Service of the Department of Agriculture this week announced a total of $478.5 million in new broadband
Updated: 11/15/2011 08:54A
Please Meditate: Practice Gratitude, Even in Darkness
When medical bills, losing medical insurance and the inability to buy health insurance for my children due to existing conditions led to a medical bankruptcy and the foreclosure of my first and last home ownership experiment, I was not initially
Updated: 11/15/2011 08:45A
Finnish windpower gear maker Moventas finds buyer
Moventas filed for bankruptcy for two of its subsidiaries earlier this year due to weak wind power gear demand and overcapacity. Moventas Chief Executive Jukka Jaamaa said the company was seeking to reorganise its production in Finland and might cut up
Updated: 11/15/2011 08:43A
Crystal Cathedral Bankruptcy: Chapman University, Catholic Diocese Bump Up
The bankruptcy sale of Crystal Cathedral, the glass-walled Orange County church known for its "Hour of Power" broadcasts, has touched off a bidding war between a Roman Catholic diocese and a local university. The church's ministry, meanwhile,
Updated: 11/15/2011 08:43A
MF Global actions may cost Minnesota farmers, elevators millions
On Halloween, the commodities firm MF Global Inc. filed for bankruptcy, and the effect is being felt in rural Minnesota. It was three years to the day since VeraSun filed for bankruptcy, which also had an effect.
Updated: 11/15/2011 08:34A
Dynegy reports Q3 losses widen
Dynegy Inc. (NYSE: DYN) reported third-quarter losses that more than tripled on the heels of its bankruptcy filing last week. The Houston-based power company said its unit Dynegy Holdings filed for bankruptcy to lower Dynegy's debt and enable it to
Updated: 11/15/2011 08:34A
Law360 Names 92 Lawyers To Its 2011 MVP List
The list also includes attorneys from 16 practice areas including bankruptcy, securities, employment and intellectual property law. Law360 plans to profile each of the selected winners over the next few weeks, highlighting their accomplishments in
Updated: 11/15/2011 08:33A
House Oversight and Government Reform Committee Hearing
NORMAL BANKRUPTCY RULES WOULD HAVE NEGATED THOSE CONTRACTS AND , ADDITIONALLY, THE NEW GM WOULD HAVE NO EMPLOYEES REPRESENTED BY THE CWA/IUE OR STEELWORKERS, AS FRITZ HENDERSON, CEO OF GM, AT THAT TIME, TESTIFIED IN BANKRUPTCY COURT.
Updated: 11/15/2011 08:29A
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