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Friendly's CEO, Sun Capital Ring Up Hefty Expense Tabs
And it's aside from a $44000 loan from Friendly's to a company controlled by Agadi. Court records don't detail what sort of expense was reimbursed to the chairman and chief executive of the chain. In a statement, Friendly's said the $243000 was “for
Updated: 11/17/2011 12:23P
MF Global may return funds, cut more jobs
A bankruptcy judge would later consider a request by James Giddens, the trustee supervising the liquidation of the MF Global Inc broker-dealer unit, to release $520 million associated with 23300 commodity customer accounts that contained only cash.
Updated: 11/17/2011 12:20P
Energy Secretary says politics did not influence Solyndra loan
Energy Secretary Steven Chu insisted at a House hearing on Thursday that politics did not influence Energy Department actions on a $535 million loan guarantee to the solar-energy company Solyndra,
Updated: 11/17/2011 12:19P
When a hospital becomes a no standing zone
Standing in bankruptcy court is primarily governed by section 1109 of the Bankruptcy Code, which provides a non-exhaustive list of parties in interest that may be heard in a bankruptcy case, including (but not limited to) “the debtor, the trustee,
Updated: 11/17/2011 12:13P
Fox Sports asks judge to delay Dodgers hearing
Associated Press (AP) - Attorneys for Fox Sports are asking a Delaware bankruptcy judge to delay consideration of the Los Angeles Dodgers' plan to sell media rights to future games. Fox Sports' request to delay a Nov. 30 hearing on the media rights
Updated: 11/17/2011 12:10P
General Maritime Files Chapter 11, Declares $1.4 Billion in Debt
The company said in a statement Thursday that the bankruptcy comes after a surplus of ships and a decreasing oil demand led to two years of losses. The New York based company reported $1.71 billion in assets and $1.41 billion in debt in a Chapter 11
Updated: 11/17/2011 12:09P
Shipping companies show strain as industry struggles
COPENHAGEN (Reuters) - Oil tanker company General Maritime Corp filed for bankruptcy protection and Denmark's Torm said it was in talks with creditors on Thursday as both fell victim to a glut of ships in the world
Updated: 11/17/2011 12:08P
Fox Sports seeks delay in Dodgers bankruptcy
Lawyers for Fox Sports are asking a Delaware bankruptcy judge to delay consideration of the Los Angeles Dodgers' plan to sell media rights to future games. Fox's request to delay a Nov. 30 hearing on the media rights motion is the latest salvo in its
Updated: 11/17/2011 12:06P
Fox seeks delay in Dodgers bankruptcy hearing
(AP) Attorneys for Fox Sports are asking a Delaware bankruptcy judge to delay consideration of the Los Angeles Dodgers' plan to sell media rights to future games. Fox's request to delay a Nov. 30 hearing on the media rights motion is the latest salvo
Updated: 11/17/2011 12:06P
Chu: Politics Had No Influence on Solyndra
Several months later when Solyndra was on the brink of bankruptcy, DOE decided to restructure the loan to put $75 million of new private investments from firms including Kaiser's before the government's interests in the event of a default.
Updated: 11/17/2011 12:05P
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